FS Credit Opportunities (US:FSCO) Prnewswireยท2024-09-09 20:15Core Points - FS Credit Opportunities Corp. announced a monthly distribution of $0.06 per share for September 2024, payable on September 30, 2024 [1] - The current annualized distribution rate is 10.1% based on the Fund's net asset value (NAV) and 11.4% based on market price as of August 31, 2024 [2] - The Fund has approximately $2.2 billion in assets under management and focuses on event-driven credit, special situations, and private capital solutions [3] Distribution Details - The distribution schedule includes an ex-date and record date of September 23, 2024, with payment on September 30, 2024 [3] - Monthly distributions are regular cash payments to common shareholders, which may be adjusted based on portfolio and market conditions [3] Fund Performance - The Fund's monthly distribution has been fully covered by net investment income throughout 2024 [2] - Year-to-date total return on NAV is estimated at 10.0%, while the return on market price is 19.8% through August 31, 2024 [2] Company Overview - FS Investments manages over $75 billion in assets and provides access to a variety of alternative asset classes and strategies [6] - The firm employs more than 500 individuals across offices in the U.S., Europe, and Asia, with headquarters in Philadelphia [6]