FS Credit Opportunities Corp Sets June Distribution at $0.0583, YTD NAV Up 2.8%
FSCO•The board announced a monthly distribution of $0.0583 per share to be paid June 30 with ex- and record dates of June 23. The fund, managing about $2.2 billion in assets, covered distributions fully from net investment income and has delivered a 2.8% NAV return and -15.0% market return YTD.
1. Distribution Details
The board declared a monthly distribution of $0.0583 per share, payable on June 30, with both ex-dividend and record dates set for June 23. This payment reflects the fund’s practice of issuing regular level-rate cash distributions, subject to adjustment based on portfolio performance and market conditions.
2. Coverage and Performance
The June distribution has been fully covered by net investment income year-to-date, underscoring consistent income generation. Through May 31, the fund posted a 2.8% total return on NAV while its market price declined by 15.0%, highlighting a valuation gap.
3. Portfolio Strategy and AUM
FS Credit Opportunities Corp manages approximately $2.2 billion in assets, investing in event-driven credit, special situations, private capital solutions and other non-traditional credit opportunities. The diversified strategy targets return generation through both public and private credit markets.
