FS Credit Opportunities Corp. (FSCO) Declares Distribution for November 2024
FS Credit Opportunities Corp. (FSCO) has declared a monthly distribution of $0.06 per share for November 2024, payable on November 29, 2024. The Fund currently maintains an annualized distribution yield of 10.1% based on NAV and 10.8% based on market price as of October 31, 2024. With approximately $2.1 billion in assets under management, FSCO has generated a total return on NAV of 12.5% and 29.2% on market price year-to-date through October 31, 2024. The Fund invests in event-driven credit, special situations, private capital solutions and non-traditional credit opportunities.
FS Credit Opportunities Corp. (FSCO) ha dichiarato una distribuzione mensile di $0,06 per azione per novembre 2024, pagabile il 29 novembre 2024. Il Fondo mantiene attualmente un rendimento di distribuzione annualizzato del 10,1% basato sul NAV e del 10,8% basato sul prezzo di mercato al 31 ottobre 2024. Con circa $2,1 miliardi di attivi sotto gestione, FSCO ha generato un ritorno totale sul NAV del 12,5% e del 29,2% sul prezzo di mercato dall'inizio dell'anno fino al 31 ottobre 2024. Il Fondo investe in crediti basati su eventi, situazioni speciali, soluzioni di capitale privato e opportunità di credito non tradizionali.
FS Credit Opportunities Corp. (FSCO) ha declarado una distribución mensual de $0,06 por acción para noviembre de 2024, pagadera el 29 de noviembre de 2024. El Fondo actualmente mantiene un rendimiento anualizado de distribución del 10,1% basado en el NAV y del 10,8% basado en el precio de mercado al 31 de octubre de 2024. Con aproximadamente $2,1 mil millones en activos bajo gestión, FSCO ha generado un retorno total sobre el NAV del 12,5% y del 29,2% sobre el precio de mercado desde el inicio del año hasta el 31 de octubre de 2024. El Fondo invierte en crédito impulsado por eventos, situaciones especiales, soluciones de capital privado y oportunidades de crédito no tradicionales.
FS Credit Opportunities Corp. (FSCO)는 2024년 11월에 주당 $0.06의 월 배당금을 선언하였으며, 이는 2024년 11월 29일에 지급됩니다. 이 펀드는 2024년 10월 31일 기준으로 NAV에 따라 10.1%, 시장 가격에 따라 10.8%의 연간 배당 수익률을 유지하고 있습니다. 약 $21억의 관리 자산을 보유한 FSCO는 2024년 10월 31일까지 NAV에서 12.5%, 시장 가격에서 29.2%의 총 수익률을 기록하였습니다. 이 펀드는 이벤트 기반 신용, 특별 상황, 사모 자본 솔루션 및 비전통적 신용 기회에 투자합니다.
FS Credit Opportunities Corp. (FSCO) a déclaré une distribution mensuelle de 0,06 $ par action pour novembre 2024, payable le 29 novembre 2024. Le Fonds maintient actuellement un rendement de distribution annualisé de 10,1 % basé sur le NAV et de 10,8 % basé sur le prix du marché au 31 octobre 2024. Avec environ 2,1 milliards de dollars d'actifs sous gestion, FSCO a généré un rendement total sur le NAV de 12,5 % et de 29,2 % sur le prix du marché depuis le début de l'année jusqu'au 31 octobre 2024. Le Fonds investit dans des crédits basés sur des événements, des situations spéciales, des solutions de capital privé et des opportunités de crédit non traditionnelles.
FS Credit Opportunities Corp. (FSCO) hat eine monatliche Ausschüttung von $0,06 pro Aktie für November 2024 erklärt, die am 29. November 2024 zahlbar ist. Der Fonds hat derzeit eine annualisierte Ausschüttungsrendite von 10,1 % basierend auf dem NAV und 10,8 % basierend auf dem Marktpreis zum 31. Oktober 2024. Mit etwa $2,1 Milliarden an verwaltetem Vermögen hat FSCO eine Gesamtrendite von 12,5 % auf dem NAV und 29,2 % auf dem Marktpreis seit Jahresbeginn bis zum 31. Oktober 2024 erzielt. Der Fonds investiert in ereignisgesteuerte Kredite, besondere Situationen, private Kapitallösungen und nicht-traditionelle Kreditmöglichkeiten.
- Monthly distribution of $0.06 per share fully covered by net investment income
- Strong YTD performance with 12.5% NAV return and 29.2% market price return
- High distribution yield of 10.1% (NAV) and 10.8% (market price)
- Substantial AUM of $2.1 billion
- None.
Insights
The monthly distribution announcement reveals strong performance metrics for FSCO. The
The
The current annualized distribution rate equates to an annualized distribution yield1 of
The Fund has approximately
Month | Ticker | Fund Name | Monthly | |
November | FSCO | FS Credit |
The distribution will be made on the following schedule:
Month | Ex-Date | Record Date | Payable Date |
November | November 21, | November 21, | November 29, |
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
than 500 employees across offices in the U.S., Europe and Asia and is headquartered in Philadelphia.
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
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