FS Credit Opportunities Corp Stock Price, News & Analysis

FS Investments announced an increase in distributions for all share classes of FS Credit Income Fund, effective from April 3, 2023. The annualized distribution rate for Class I shares rose by 17% to 7.52%, as reported on March 31, 2023. This increase is attributed to a favorable interest rate environment and strong fund performance, according to CEO Michael Forman. The Fund, advised by GoldenTree Asset Management, invests in diverse high-yielding asset classes and aims to capitalize on market dislocations to enhance returns.

The Board of Directors of FS Credit Opportunities Corp. (NYSE: FSCO) announced a monthly distribution of $0.04945 per share for March 2023, payable on March 31, 2023. The Fund has approximately $2 billion in assets under management and focuses on event-driven credit and non-traditional credit opportunities.

The distribution schedule includes an ex-date of March 23, 2023 and a record date of March 24, 2023. Monthly distributions may be adjusted based on portfolio performance and market conditions. Investors are advised to review the Fund's reports and consider associated risks before investing.

FS Credit Opportunities Corp. (NYSE: FSCO) announced its fourth quarter and full year 2022 results will be released after market close on March 1, 2023. A conference call is scheduled for March 2, 2023, at 9:00 a.m. ET to discuss these results. Interested parties can register for the call through the provided URL or by dialing 866-580-4071 with passcode 8590056. A replay will be accessible on the company’s Investor Relations website following the earnings release. Investors are reminded that statements within the release may contain forward-looking information that is subject to uncertainties.

The Board of Directors of FS Credit Opportunities Corp. (NYSE: FSCO) has announced a monthly distribution for February 2023, set at $0.04945 per share, payable on February 28, 2023. The Fund boasts over $2 billion in assets under management (AUM) and focuses on event-driven credit and alternative capital solutions. The distribution schedule includes an ex-date of February 17, 2023, and a record date of February 21, 2023. Shareholders should consider various factors that may affect future distributions. The Fund's performance could be influenced by market conditions and portfolio changes.

The Board of Directors of FS Credit Opportunities Corp. (FSCO) has declared a monthly distribution of $0.04945 per share, payable on January 31, 2023. The ex-date is January 23, 2023 and the record date is January 24, 2023. The Fund, with over $2 billion in assets under management, focuses on event-driven credit and non-traditional credit opportunities. Distributions may fluctuate based on portfolio performance and market conditions. Shareholders are advised to consult Form 1099-DIV for tax reporting.

FS Credit Opportunities Corp. (NYSE: FSCO) announced its monthly distributions for November and December 2022. The November distribution is $0.0425 per share, payable on December 2, 2022, while the December distribution will be $0.04945 per share, payable on December 30, 2022. The Fund, which launched on November 14, 2022, manages over $2 billion in assets and focuses on event-driven credit and non-traditional opportunities. Monthly distributions may vary based on portfolio performance and market conditions.

FS Investments announced that FS Credit Opportunities Corp. (FSCO) started trading on the NYSE with over $2 billion in assets. This closed-end fund focuses on event-driven credit and private capital solutions. FSCO aims to provide liquidity for shareholders and an attractive dividend yield. The management fee has been reduced from 1.5% to 1.35%. The firm anticipates strong market reception due to its exposure to both public and private credit, alongside a strategic focus on senior secured debt.

FS Credit Opportunities Corp. (FSCO) is set to list its common stock on the New York Stock Exchange (NYSE) starting November 14, 2022. This listing positions FSCO as one of the largest credit-focused closed-end funds in the market. The company aims to offer an appealing dividend yield through a unique strategy that encompasses investments in both public and private credit. Head of Liquid Credit, Andrew Beckman, highlighted the diversified exposure to credit for investors and flexible credit solutions for borrowers. However, the listing's timeline may vary due to market dynamics.

FS Global Credit Opportunities Fund plans to list its common stock on the NYSE by Q3 2022, pending market conditions and board approval. With approximately $2.4 billion in assets as of December 31, 2021, the Fund aims to enhance liquidity for shareholders. It will be renamed FS Credit Opportunities Corp., trading under ticker symbol FSCO. The management fee will decrease from 1.5% to 1.35%, supporting a projected annual distribution yield of 7.25%. Additionally, the Fund will convert to a Maryland Corporation and suspend its current share repurchase program.