Why I Just Bought This 10.9%-Yielding Fund and Plan to Buy Even More Shares

Group 1 - FS Credit Opportunities Corp. offers an attractive distribution yield of 10.9%, making it a compelling investment option [1][3] - The fund's high yield is sustainable as it is fully funded through net investment income, not by selling assets [5][4] - Since its listing on the New York Stock Exchange in November 2022, the fund's distribution has increased by approximately 52% [6] Group 2 - The fund manages $2.1 billion in assets across 77 portfolio companies, with 73% being privately held and 93% based in the U.S. [8] - FS Credit Opportunities primarily invests in senior secured loans, with 72% of its holdings being first lien loans, which reduces the risk of default [9] - The fund's investment strategy adapts to market dynamics, focusing on higher-quality investments with low default risk [10] Group 3 - The emphasis on privately held middle-market companies allows for structured investments that provide greater protection against risks [11] - The fund has delivered an average annual return based on net asset value (NAV) of 7.75% since January 1, 2018 [14]