FS Credit Opportunities Corp. Announces Upcoming Distribution

FS Credit Opportunities Corp. Distributes Monthly Payments

The Board of Directors of FS Credit Opportunities Corp. (NYSE: FSCO) has made an exciting announcement about the monthly distribution for December. This distribution is set at $0.06 per share, ensuring that shareholders receive consistent returns on their investments. This regular cash distribution illustrates the Fund's commitment to delivering shareholder value.

Financial Performance and Yield Insights

As part of their financial strategy, the Fund has achieved an annualized distribution rate of 10.1% based on its net asset value (NAV) and 10.6% based on market price. These percentages indicate a healthy financial performance that indicates the firm's effective management of its investment portfolio. The Fund reported a total return on NAV of 12.75% and an impressive 33.1% on market price up to the end of the previous month.

Key Highlights of Fund Operations

With approximately $2.2 billion in assets under management, FS Credit Opportunities Corp. invests in event-driven credit, special situations, and private capital solutions. Such diversification allows the Fund to explore various non-traditional credit opportunities, steering towards alternative investment strategies that can yield better financial results for its investors.

Distribution Schedule and Important Dates

The scheduled details of the distribution are outlined clearly for investors. The important dates surrounding the distribution process include:

Ex-Date, Record Date, and Payable Date

For the distribution occurring in December, the ex-date is December 23, where shareholders must own shares before this date to receive the upcoming payment. The record date is also December 23, and the payment will be made to shareholders on December 31. This schedule is essential for investors as it directly impacts their cash flow and planning.

Considerations for Investors

Investors are encouraged to review the investment objectives of the Fund, including associated risks, charges, and expenses prior to making investment decisions. It is crucial to evaluate how market fluctuations could influence future returns and to understand that distributions can be adjusted based on portfolio performance and market conditions.

Tax Reporting and Documentation

It’s advised that shareholders do not solely rely on the distribution information for tax return preparation. Instead, the Fund will provide a Form 1099-DIV for the calendar year, which is critical for accurate reporting of the distributions on federal income tax returns.

About FS Investments

FS Investments has solidified its position as a leading global alternative asset manager, boasting over $82 billion in assets. They cater to a broad spectrum of clients including institutional investors, financial professionals, and private investors. With more than 500 employees operating across various regions, the firm emphasizes performance and innovative solutions for their clients’ capital needs.

Contact Information

Investor Relations Team
Reach out to Joe Montelione for inquiries regarding investments.

Media Relations
For media-related inquiries, contact Sarah Hilferty.

Frequently Asked Questions

What is the distribution amount for December 2024?

The distribution amount is set at $0.06 per share for December 2024.

When will the distributions be paid to shareholders?

The payments are scheduled to be payable on December 31, 2024.

How has the Fund performed in the previous months?

The Fund has achieved a year-to-date total return of 12.75% on NAV and 33.1% on market price.

What factors may affect future distributions?

The monthly distributions depend on various factors like market conditions and portfolio performance, and they may be adjusted as needed.

How can I obtain information regarding my tax obligations?

Shareholders will receive Form 1099-DIV, which provides necessary details for federal income tax reporting.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

Contact Owen Jenkins privately here. Or send an email with ATTN: Owen Jenkins as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.