One of our largest positions on the taxable bond side has been with FS Credit Opportunities (NYSE:FSCO), a relatively new listed closed-end fund ("CEF") from FS Investments. Prior to November 2022, the fund was unlisted, providing only quarterly liquidity to shareholders up to 5% of shares. The conversion from a quarterly liquidity to intraday liquidity vehicle allowed investors to sell out late in 2022 when bonds were falling precipitously as rates rose and investors positioned for recession. As a listed C ...

A recent insight from Voya Investment Management suggests that rate cuts have been delayed in the second quarter of 2024 but not derailed. Many income investors like me are wondering if and how "higher for longer" rates will affect investments in credit funds that offer senior secured loans, corporate bonds, and related securities that generate high yield income. Last month, we highlighted the silver lining for bond investors in this environment: For those worried they missed out on the opportunity to alloc ...

Month Ex-Date Record Date Payable Date June June 21, 2024 June 21, 2024 June 28, 2024 The Fund pays regular monthly cash distributions to common shareholders at a level rate that may be adjusted from time to time. The amount of monthly distributions may be affected by numerous factors, including changes in portfolio and market conditions. Shareholders should not use the information provided here in preparing their tax returns. The Fund will send a Form 1099-DIV to shareholders for the calendar year that wil ...

Company Participants Robert Paun FSCO does not undertake to update its forward-looking statements unless required to do so by law. Additionally, information related to past performance, while helpful as an evaluative tool, is not necessarily indicative of future results, the achievement of which cannot be assured. Investors should not view the past performance of FSCO or information about the market as indicative of FSCO's future results. Following our prepared remarks, we will take questions from the audie ...

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K Date of Report (Date of earliest event reported): April 22, 2024 FS CREDIT OPPORTUNITIES CORP. (Exact name of Registrant as specified in its charter) Maryland 811-22802 46-1882356 (State or other jurisdiction of incorporation) 201 Rouse Boulevard Philadelphia, Pennsylvania 19112 (Address of principal executive offices) (Zip Code) (Commission F ...

PHILADELPHIA, April 8, 2024 /PRNewswire/ -- The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced the monthly distribution for April 2024. The distribution of $0.06 per share will be paid on April 30, 2024. Further information on the distribution is summarized in the charts below. The current annualized distribution rate equates to an annualized distribution yield1 of 10.1% and 12.1%, respectively, based on the Fund's net asset value (NAV) and market price as of March 31, ...

PHILADELPHIA, March 11, 2024 /PRNewswire/ -- The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced today an increase to the monthly distribution for March 2024. The March distribution will be paid on March 28, 2024 at $0.06 per share, representing an increase of approximately 5.3% over the February distribution. Further information on the distribution is summarized in the charts below. "Based on FS Credit Opportunities Corp.'s continued strong performance, we are pleased ...

FS Credit Opportunities Corp., Inc. (NYSE:FSCO) Q4 2024 Earnings Conference Call March 1, 2024 9:00 AM ET Company Participants Robert Paun - Head of Investor Relations Andrew Beckman - Head Portfolio Manager Nick Heilbut - Director of Research and Portfolio Manager Conference Call Participants Robert Paun Good morning, and thank you all for joining us for FS Credit Opportunities Corp’s Fourth Quarter and Full-Year 2023 Earnings Conference Call. Please note that FS Credit Opportunity Corps may be referred to ...

• When a Shareholder sells their Shares, the Shareholder may receive less than their purchase price and the then-current net asset value, or NAV, per Share. • Shares of closed-end funds frequently trade at a discount to NAV and this creates a risk of loss for investors who purchased Shares at the time of listing on the New York Stock Exchange (the "Listing"). This risk is separate and distinct from the risk that FSCO's NAV will decrease. • FSCO's distributions may be funded from unlimited amounts of offerin ...

Philip Thurston/E+ via Getty Images Back in the day, in my eternal quest for the perfect wave in my teens and 20s, the old surfer in me longed for those warm, sunny days when I could leisurely travel the world (or at least my local beaches) looking for the right setup. I always liked right-hand point breaks where I could tuck into the barrel of the wave and travel on down the line, riding from the trough to the peak and back down again, gaining speed and momentum. This analogy could be applicable to my sear ...