FS Credit Opportunities Corp. (FSCO) Declares Distribution for February 2025
FS Credit Opportunities Corp. (FSCO) has announced its February 2025 monthly distribution of $0.0645 per share, payable on February 28, 2025. The Fund, which manages approximately $2.2 billion in assets, currently delivers an annualized distribution yield of 10.7% based on NAV and 11.4% based on market price as of January 31, 2025.
The distribution has been consistently covered by the Fund's net investment income throughout 2024. FSCO focuses on investments in event-driven credit, special situations, private capital solutions, and other non-traditional credit opportunities. The ex-date and record date for the February distribution are both set for February 21, 2025.
FS Credit Opportunities Corp. (FSCO) ha annunciato la sua distribuzione mensile di febbraio 2025 di $0,0645 per azione, pagabile il 28 febbraio 2025. Il Fondo, che gestisce circa $2,2 miliardi in attivi, attualmente offre un rendimento di distribuzione annualizzato del 10,7% basato sul NAV e dell'11,4% basato sul prezzo di mercato al 31 gennaio 2025.
La distribuzione è stata costantemente coperta dal reddito netto degli investimenti del Fondo durante il 2024. FSCO si concentra su investimenti in credito basati su eventi, situazioni speciali, soluzioni di capitale privato e altre opportunità di credito non tradizionali. La data di stacco e la data di registrazione per la distribuzione di febbraio sono entrambe fissate per il 21 febbraio 2025.
FS Credit Opportunities Corp. (FSCO) ha anunciado su distribución mensual de febrero de 2025 de $0,0645 por acción, pagadera el 28 de febrero de 2025. El Fondo, que administra aproximadamente $2,2 mil millones en activos, actualmente ofrece un rendimiento de distribución anualizado del 10,7% basado en el NAV y del 11,4% basado en el precio de mercado hasta el 31 de enero de 2025.
La distribución ha sido consistentemente cubierta por el ingreso neto de inversiones del Fondo a lo largo de 2024. FSCO se enfoca en inversiones en crédito impulsadas por eventos, situaciones especiales, soluciones de capital privado y otras oportunidades de crédito no tradicionales. La fecha ex y la fecha de registro para la distribución de febrero están fijadas para el 21 de febrero de 2025.
FS Credit Opportunities Corp. (FSCO)는 2025년 2월 주당 $0.0645의 월 배당금을 발표하였으며, 이는 2025년 2월 28일에 지급됩니다. 이 펀드는 약 $22억의 자산을 관리하고 있으며, 2025년 1월 31일 기준으로 NAV 기준 연환산 배당 수익률은 10.7%, 시장 가격 기준으로는 11.4%입니다.
해당 배당금은 2024년 내내 펀드의 순 투자 소득으로 꾸준히 커버되었습니다. FSCO는 이벤트 기반 신용, 특별 상황, 사모 자본 솔루션 및 기타 비전통적인 신용 기회에 대한 투자에 초점을 맞추고 있습니다. 2월 배당금의 배당 기준일과 등록일은 모두 2025년 2월 21일로 설정되어 있습니다.
FS Credit Opportunities Corp. (FSCO) a annoncé sa distribution mensuelle de février 2025 de 0,0645 $ par action, payable le 28 février 2025. Le Fonds, qui gère environ 2,2 milliards $ d'actifs, offre actuellement un rendement de distribution annualisé de 10,7 % basé sur la NAV et de 11,4 % basé sur le prix du marché au 31 janvier 2025.
La distribution a été constamment couverte par le revenu net d'investissement du Fonds tout au long de l'année 2024. FSCO se concentre sur les investissements dans le crédit orienté événement, les situations spéciales, les solutions de capital privé et d'autres opportunités de crédit non traditionnelles. La date ex et la date d'enregistrement pour la distribution de février sont fixées au 21 février 2025.
FS Credit Opportunities Corp. (FSCO) hat seine monatliche Ausschüttung für Februar 2025 von 0,0645 $ pro Aktie bekannt gegeben, die am 28. Februar 2025 zahlbar ist. Der Fonds verwaltet etwa 2,2 Milliarden $ an Vermögenswerten und bietet derzeit eine annualisierte Ausschüttungsrendite von 10,7 % basierend auf dem NAV und 11,4 % basierend auf dem Marktpreis zum 31. Januar 2025.
Die Ausschüttung wurde im Jahr 2024 durch das Nettoeinkommen der Investitionen des Fonds konstant gedeckt. FSCO konzentriert sich auf Investitionen in ereignisgetriebenen Kredit, Spezialsituationen, private Kapitallösungen und andere nicht-traditionelle Kreditmöglichkeiten. Der Ex-Tag und der Stichtag für die Februar-Ausschüttung sind beide auf den 21. Februar 2025 festgelegt.
- Monthly distribution of $0.0645 per share maintained
- High annualized distribution yield of 10.7-11.4%
- Distributions fully covered by net investment income
- Substantial AUM of $2.2 billion
- None.
Insights
The latest distribution announcement from FSCO reveals several positive indicators for income-focused investors. The
The fund's
The consistent monthly distribution schedule, combined with the fund's specialized investment approach, offers investors several advantages: 1) Regular income streams that are particularly valuable in retirement portfolios 2) Exposure to non-traditional credit opportunities that can provide portfolio diversification 3) Professional management of complex credit investments that require specialized expertise to evaluate and monitor.
The fund's strategy of maintaining full distribution coverage through net investment income, rather than relying on return of capital, indicates strong underlying portfolio performance and suggests the distribution level is sustainable. This is particularly relevant as many high-yield investments often include return of capital in their distributions, which can mask potential sustainability issues.
The current annualized distribution rate equates to an annualized distribution yield1 of
The Fund has approximately
Month | Ticker | Fund Name | Monthly | |
February | FSCO | FS Credit Opportunities Corp. |
The distribution will be made on the following schedule:
Month | Ex-Date | Record Date | Payable Date |
February | February 21, 2025 | February 21, 2025 | February 28, 2025 |
The Fund pays regular monthly cash distributions to common shareholders at a level rate that may be adjusted from time to time. The amount of monthly distributions may be affected by numerous factors, including changes in portfolio and market conditions.
Shareholders should not use the information provided here in preparing their tax returns. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will tell them how to report these distributions for federal income tax purposes.
Investors should consider, among other things, the investment objectives, risks, charges and expenses of the Fund carefully before investing. Investors can find the Fund's most recent reports and other filings on the Securities and Exchange Commission's EDGAR Database or on the Fund's website (https://fsinvestments.com/fs-credit-opportunities-corp/).
About FS Investments
FS Investments is a global alternative asset manager dedicated to delivering superior performance and innovative investment and capital solutions. The firm manages over
Contact Information:
Investor Relations
Joe Montelione
joseph.montelione@fsinvestments.com
Media
Sarah Hilferty
media@fsinvestments.com
Forward Looking Statements
Statements included herein may constitute "forward-looking" statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements with regard to future events or the future performance or operations of the Fund. Words such as "intends," "will," "expects," and "may" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements. Factors that could cause actual results to differ materially include changes in the economy, geopolitical risks, risks associated with possible disruption to the Fund's operations or the economy generally due to hostilities, terrorism, natural disasters or pandemics such as COVID-19, future changes in laws or regulations and conditions in the Fund's operating area, unexpected costs, the price at which the Fund's shares of common stock may trade on the New York Stock Exchange and such other factors that are disclosed in the Fund's filings with the Securities and Exchange Commission. The inclusion of forward-looking statements should not be regarded as a representation that any plans, estimates or expectations will be achieved. Any forward-looking statements speak only as of the date of this communication. Except as required by federal securities laws, the Fund undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any of these forward-looking statements.
1 Annualized distribution yield reflects the current month's distribution per share annualized and divided by the estimated current month end net asset value (NAV) per share or market price per share; because annualized distribution yield is based on estimated current month end NAV, it is an estimate that is subject to change.
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SOURCE FS Investments
FAQ
What is FSCO's February 2025 distribution amount?
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Has FSCO's monthly distribution been covered by its net investment income?
