FS Credit Opportunities Corp. (FSCO) Declares Distribution for October 2024
FS Credit Opportunities Corp. (NYSE: FSCO) has announced its monthly distribution for October 2024. The Board of Directors declared a distribution of $0.06 per share, payable on October 31, 2024. Based on the Fund's net asset value and market price as of September 30, 2024, this distribution represents an annualized distribution yield of 10.0% and 11.3%, respectively.
The Fund, with approximately $2.2 billion in assets under management, invests in event-driven credit, special situations, private capital solutions, and other non-traditional credit opportunities. Year-to-date through September 30, 2024, the Fund has generated an estimated total return on NAV of 12.3% and 22.1% on market price. The monthly distribution has been fully covered by the Fund's net investment income throughout 2024.
FS Credit Opportunities Corp. (NYSE: FSCO) ha annunciato la sua distribuzione mensile per ottobre 2024. Il Consiglio di Amministrazione ha dichiarato una distribuzione di $0.06 per azione, che sarà pagata il 31 ottobre 2024. Sulla base del valore netto degli attivi del fondo e del prezzo di mercato al 30 settembre 2024, questa distribuzione rappresenta un rendimento annualizzato della distribuzione del 10.0% e 11.3%, rispettivamente.
Il fondo, con circa $2.2 miliardi in attivi sotto gestione, investe in crediti basati su eventi, situazioni speciali, soluzioni di capitale privato e altre opportunità di credito non tradizionali. Fino al 30 settembre 2024, il fondo ha generato un ritorno totale stimato sul NAV del 12.3% e del 22.1% sul prezzo di mercato. La distribuzione mensile è stata pienamente coperta dal reddito netto da investimenti del fondo per tutto il 2024.
FS Credit Opportunities Corp. (NYSE: FSCO) ha anunciado su distribución mensual para octubre de 2024. La Junta Directiva declaró una distribución de $0.06 por acción, que se pagará el 31 de octubre de 2024. Basado en el valor neto de los activos del fondo y el precio de mercado al 30 de septiembre de 2024, esta distribución representa un rendimiento anualizado de distribución del 10.0% y 11.3%, respectivamente.
El fondo, con aproximadamente $2.2 mil millones en activos bajo gestión, invierte en crédito impulsado por eventos, situaciones especiales, soluciones de capital privado y otras oportunidades de crédito no tradicionales. Hasta el 30 de septiembre de 2024, el fondo ha generado un retorno total estimado sobre el NAV del 12.3% y del 22.1% sobre el precio de mercado. La distribución mensual ha sido completamente cubierta por el ingreso neto de inversión del fondo a lo largo de 2024.
FS Credit Opportunities Corp. (NYSE: FSCO)는 2024년 10월에 대한 월간 배당금을 발표했습니다. 이사회는 주당 $0.06 배당금을 선언했으며, 이는 2024년 10월 31일에 지급될 예정입니다. 2024년 9월 30일 기준으로, 이 배당금은 각각 연간 배당 수익률 10.0% 및 11.3%를 나타냅니다.
자산 약 $2.2억 달러의 펀드는 이벤트 기반 신용, 특수 상황, 사모 자본 솔루션 및 기타 비전통적인 신용 기회에 투자합니다. 2024년 9월 30일까지 올해 누적 수익률을 기준으로, 이 펀드는 NAV에서 12.3% 및 시장 가격에서 22.1%의 추정 총 수익률을 생성했습니다. 월간 배당금은 2024년 내내 펀드의 순투자 수익으로 완전히 보장되었습니다.
FS Credit Opportunities Corp. (NYSE: FSCO) a annoncé sa distribution mensuelle pour octobre 2024. Le Conseil d'administration a déclaré une distribution de 0,06 $ par action, payable le 31 octobre 2024. En fonction de la valeur nette d'inventaire du fonds et du prix du marché au 30 septembre 2024, cette distribution représente un rendement de distribution annualisé de 10,0 % et 11,3 %, respectivement.
Le fonds, avec environ 2,2 milliards de dollars d'actifs sous gestion, investit dans des crédits basés sur des événements, des situations spéciales, des solutions de capital privé et d'autres opportunités de crédit non traditionnelles. Depuis le début de l'année jusqu'au 30 septembre 2024, le fonds a généré un retour total estimé sur la valeur nette d'inventaire de 12,3 % et de 22,1 % sur le prix du marché. La distribution mensuelle a été entièrement couverte par le revenu net d'investissement du fonds tout au long de 2024.
Die FS Credit Opportunities Corp. (NYSE: FSCO) hat ihre monatliche Ausschüttung für Oktober 2024 angekündigt. Der Vorstand hat eine Ausschüttung von $0.06 pro Aktie beschlossen, die am 31. Oktober 2024 zahlbar ist. Basierend auf dem Nettovermögen des Fonds und dem Marktpreis zum 30. September 2024 stellt diese Ausschüttung eine annualisierte Ausschüttungsrendite von 10.0% und 11.3% dar.
Der Fonds, der etwa $2.2 Milliarden an verwalteten Vermögenswerten hat, investiert in ereignisgesteuerte Kredite, besondere Situationen, private Kapitallösungen und andere nicht-traditionelle Kreditmöglichkeiten. Bis zum 30. September 2024 hat der Fonds eine geschätzte Gesamtrendite von 12.3% auf NAV und 22.1% auf den Marktpreis erzielt. Die monatliche Ausschüttung wurde im Jahr 2024 vollständig durch die Nettoinvestitionserträge des Fonds gedeckt.
- Monthly distribution of $0.06 per share declared for October 2024
- Annualized distribution yield of 10.0% based on NAV and 11.3% based on market price
- Monthly distribution fully covered by net investment income throughout 2024
- Estimated total return on NAV of 12.3% and 22.1% on market price year-to-date
- $2.2 billion in assets under management
- None.
Insights
This monthly distribution announcement is a routine update for FSCO, maintaining its
The year-to-date total returns of
The current annualized distribution rate equates to an annualized distribution yield1 of
The Fund has approximately
Month | Ticker | Fund Name | Monthly | |
October | FSCO | FS Credit Opportunities Corp. | ||
The distribution will be made on the following schedule:
Month | Ex-Date | Record Date | Payable Date |
October | October 24, 2024 | October 24, 2024 | October 31, 2024 |
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
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