FSCO: An 8% Discount On An 11% Yield, Sign Me Up
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FS Credit Opportunities Corp. (FSCO) has achieved a 28% total return over the past year, focusing on senior secured debt. The fund's discount to NAV has narrowed, with potential for further narrowing or a shift to a premium due to strong performance. Its high dividend yield, above 11%, and increasing dividends are key factors attracting investors.
November 11, 2024 | 8:30 pm
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POSITIVE IMPACT
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.
FSCO's strong performance and high dividend yield are attracting investors, leading to a narrowing discount to NAV. This trend suggests a positive short-term impact on FSCO's stock price, with potential for a shift to a premium valuation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100