FS Credit Opportunities Corp. Announces Latest February Distribution
FS Credit Opportunities Corp. (FSCO) Announces Monthly Distribution
FS Credit Opportunities Corp. (NYSE: FSCO) has declared its monthly distribution for February. This decision was made by the Board of Directors and reflects the company's ongoing commitment to its shareholders. The announced distribution stands at $0.0645 per share, which stakeholders can expect to receive on the payable date.
Distribution Details and Management Insights
The anticipated distribution will be made on February 28, 2025, and has been fully covered by the Fund's net investment income throughout the previous calendar year. The anticipated annualized distribution rate correlates with a yield ranging from 10.7% to 11.4%. These figures are based upon the current net asset value (NAV) and market price, showcasing the Fund's robust financial management and sound investment strategies.
Current Asset Management and Investment Focus
With an impressive approximately $2.2 billion in assets under management, FS Credit Opportunities Corp. strategically invests in high-potential areas such as event-driven credit, private capital, and other unique credit opportunities. This diversified approach allows the Fund to capture performance across various market conditions.
Regular Distribution Schedule for Shareholders
The Fund conducts regular monthly distributions to its common shareholders, maintaining a consistent level rate. This systematic approach ensures shareholders receive benefits regularly, although adjustments may occur based on fluctuations in portfolio performance and market dynamics.
Tax Considerations for Shareholders
It is important for shareholders to keep in mind that the information presented should not dictate how they prepare their tax filings. Each year, the Fund issues a Form 1099-DIV to help investors accurately report their distributions on tax returns.
Investment Considerations
Before making any investment decisions, potential investors should carefully assess their investment objectives, associated risks, and the overall expense structure of the Fund. This thorough evaluation is crucial for understanding both the rewards and risks tied to investments in FS Credit Opportunities Corp.
Recent Performance and Institutional Impact
As a leading player in alternative asset management, FS Investments, the parent company, manages a significant portfolio, exceeding $82 billion for a diverse client base that includes institutional investors and individual clients. This extensive reach allows the Fund to leverage its strategic insights across various sectors, thereby enhancing its investment portfolio and yielding optimal results for stakeholders.
About FS Investments
FS Investments operates as a globally recognized alternative asset manager. They are passionate about delivering superior investment performance and innovative capital solutions. The firm prioritizes building long-term value for its clients while contributing to the communities in which they operate. With a diverse range of strategies and dedicated investment teams, FS Investments continues to be a favored partner in the field.
Contact Information
Investor Relations: Joe Montelione
Media Inquiries: Sarah Hilferty
Frequently Asked Questions
What is the scheduled distribution amount for February?
The distribution for February is set at $0.0645 per share.
When will the distribution be paid?
Shareholders can expect the payment on February 28, 2025.
How often does FS Credit Opportunities Corp. declare distributions?
The Fund provides regular monthly distributions to its common shareholders.
What should shareholders know about tax reporting?
Shareholders will receive a Form 1099-DIV for accurate tax reporting regarding their distributions.
How does FS Investments support its clients?
FS Investments focuses on providing innovative investment and capital solutions while managing significant assets for diverse clients.
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