Core Viewpoint - FS Credit Opportunities Corp. (FSCO) announced a 5.1% increase in its monthly distribution rate for June 2025, reflecting strong income generation from select investments and a commitment to delivering value to shareholders [1][2]. Distribution Details - The new monthly distribution rate is set at $0.0678 per share, which is a 59.5% increase compared to the distribution at the time of listing on the New York Stock Exchange in November 2022 [2]. - This marks the fourth increase in the distribution over the last twenty-four months [2]. - The distribution will be paid on or about June 30, 2025, with an ex-date and record date of June 23, 2025 [4]. Financial Performance - The current annualized distribution yield is approximately 10.5% based on the Fund's net asset value (NAV) and 10.7% based on the market price as of May 30, 2025 [2]. - The monthly distribution has been fully covered by the Fund's net investment income throughout 2025 on a tax basis [2]. - The Fund has generated an estimated total return of 7.2% on NAV and 10.8% on market price year-to-date through May 30, 2025 [2]. Fund Overview - FSCO manages approximately $2.2 billion in assets and focuses 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 access to a broad suite of alternative asset classes and strategies [7].
FS Credit Opportunities Corp. (FSCO) Declares Increased Distribution for June 2025