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FS Credit Opportunities Corp. (FSCO) Declares Increased Distribution for January 2025
FSCOFS Credit Opportunities (FSCO) Prnewswire·2025-01-09 21:30

Core Viewpoint - FS Credit Opportunities Corp. announced a 7.5% increase in its monthly distribution for January 2025, raising it to 0.0645pershare,whichreflectsasignificantgrowthofapproximately51.80.0645 per share, which reflects a significant growth of approximately 51.8% since its listing in November 2022 [1][2]. Distribution Details - The January distribution will be paid on January 31, 2025, with an ex-date and record date of January 24, 2025 [4]. - The Fund has consistently covered its monthly distributions with net investment income throughout 2024 [2]. Financial Performance - The Fund's current annualized distribution yield is estimated at 10.1% based on net asset value (NAV) and 10.6% based on market price as of December 31, 2024 [2]. - The Fund has achieved a total return of 14.24% on NAV and 34.7% on market price year-to-date through December 31, 2024 [2]. Fund Overview - FS Credit Opportunities Corp. manages approximately 2.3 billion in assets, focusing on event-driven credit, special situations, private capital solutions, and other non-traditional credit opportunities [3]. - FS Investments, the parent company, manages over $82 billion in assets and provides a range of alternative asset classes and strategies [7].