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FS Credit Opportunities Corp. (FSCO) Declares Distribution for February 2025
FSCOFS Credit Opportunities (FSCO) Prnewswire·2025-02-10 21:32

Distribution Announcement - FS Credit Opportunities Corp. announced a monthly distribution of 0.0645pershareforFebruary2025,payableonFebruary28,2025[1][3]FinancialPerformanceThecurrentannualizeddistributionrateis10.70.0645 per share for February 2025, payable on February 28, 2025 [1][3] Financial Performance - The current annualized distribution rate is 10.7% based on the Fund's net asset value (NAV) and 11.4% based on the market price as of January 31, 2025 [2] - The monthly distribution has been fully covered by the Fund's net investment income throughout 2024 [2] - The Fund manages approximately 2.2 billion in assets and invests in event-driven credit, special situations, private capital solutions, and other non-traditional credit opportunities [2] Fund Operations - The Fund pays regular monthly cash distributions to common shareholders, which may be adjusted based on portfolio and market conditions [3] - The distribution schedule includes an ex-date and record date of February 21, 2025, with payments made on February 28, 2025 [3] Company Overview - FS Investments is a global alternative asset manager managing over $82 billion in assets for various clients, including institutional investors and individual investors [6] - The firm provides access to a broad suite of alternative asset classes and strategies, supported by a high-performance culture and commitment to client value [6]