Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
14 November 2022Website:
http://www.franklinsquare.comNext earnings report:
N/ALast dividends:
21 November 2024Next dividends:
N/APrice
after hours | Fri, 22 Nov 2024 22:16:11 GMTAnalysts recommendations
Institutional Ownership
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FSCO Latest News
FS Credit Opportunities Corp. has delivered a 28% total return over the past year, driven by its focus on senior secured debt. The fund's discount to NAV has significantly narrowed, and further narrowing or a shift to a premium is possible due to strong performance. FSCO's high dividend yield, currently above 11%, and increasing dividends are key factors closing the discount gap and attracting investors.
PHILADELPHIA , Oct. 9, 2024 /PRNewswire/ -- The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced the monthly distribution for October 2024. The distribution of $0.06 per share will be paid on October 31, 2024.
PHILADELPHIA , Sept. 9, 2024 /PRNewswire/ -- The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced the monthly distribution for September 2024.
FS Credit Opportunities Corp. (NYSE:FSCO ) Q2 2024 Results Conference Call September 9, 2024 9:00 AM ET Company Participants Joseph Montelione - Investor Relations Andrew Beckman - Head of FS Global Credit and Portfolio Manager for FSCO Nick Heilbut - Director of Research of FS Global Credit and Portfolio Manager for FSCO James Beach - Chief Operating Officer Joseph Montelione Good morning and thank you all for joining us for Credit Opportunity Corp's Second Quarter 2024 Earnings Conference Call. Please note that FS Credit Opportunities Corp. may be referred to as FSCO, the Fund or the Company throughout this call.
FS Credit Opportunities is a closed-end fund with a diversified portfolio of senior secured loans and high-yield bonds, offering an 11.7% dividend yield. FSCO currently trades at a double-digit discount to NAV, but future earnings growth could shrink this discount. The fund's portfolio benefits from both public and private market exposure, with 81% in senior secured debt, reducing risk and enhancing income potential.
PHILADELPHIA , Aug. 5, 2024 /PRNewswire/ -- FS Credit Opportunities Corp. (NYSE: FSCO) today announced plans to host a conference call at 9:00 a.m. (Eastern Time) on Thursday, September 5, 2024, to discuss its second quarter 2024 results.
PHILADELPHIA , Aug. 1, 2024 /PRNewswire/ -- The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced the monthly distribution for August 2024. The distribution of $0.06 per share will be paid on August 30, 2024.
PHILADELPHIA , July 3, 2024 /PRNewswire/ -- The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced the monthly distribution for July 2024. The distribution of $0.06 per share will be paid on July 31, 2024.
FS Credit Opportunities is a listed closed-end fund with a portfolio of public and private debt, offering intra-day liquidity to investors. The fund invests in a mix of public and private debt, with a focus on senior-secured loans and fixed coupon bonds. The fund's discount to NAV has been slowly closing, and it has outperformed benchmarks with a 5.76% total return in Q1 2024.
Higher for longer interest rates present opportunities for fixed-income investors in bonds and credit funds. FSCO has shown strong performance with a total return of more than 55% in the past year and offers an annual yield of about 11.2%. Private credit market growth offers advantages over public credit, contributing to FSCO's success.
What type of business is FS Credit Opportunities?
FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors. The Fund is a dynamic credit strategy that invests across the public and private market. It primarily invests in global credit, including secured and unsecured floating and fixed rate loans, bonds, and other credit instruments that companies use to finance their operations. The fund seeks to generate total return by investing in non-traditional areas of the public and private credit markets where a yield or return premium may exist due to complexity, illiquidity or a result of corporate events. It seeks companies that are expected to benefit from corporate events such as mergers, acquisitions, or corporate reorganizations. FS Credit Opportunities Corp. was formed on January 28, 2013 and is domiciled in the United States.
What sector is FS Credit Opportunities in?
FS Credit Opportunities is in the Financial Services sector
What industry is FS Credit Opportunities in?
FS Credit Opportunities is in the Asset Management industry
What country is FS Credit Opportunities from?
FS Credit Opportunities is headquartered in United States
When did FS Credit Opportunities go public?
FS Credit Opportunities initial public offering (IPO) was on 14 November 2022
What is FS Credit Opportunities website?
https://www.franklinsquare.com/our-funds/fs-global-credit-opportunities-fund/overview
Is FS Credit Opportunities in the S&P 500?
No, FS Credit Opportunities is not included in the S&P 500 index
Is FS Credit Opportunities in the NASDAQ 100?
No, FS Credit Opportunities is not included in the NASDAQ 100 index
Is FS Credit Opportunities in the Dow Jones?
No, FS Credit Opportunities is not included in the Dow Jones index
When was FS Credit Opportunities the previous earnings report?
No data
When does FS Credit Opportunities earnings report?
Next earnings report date is not announced yet