Advisors Asset Management Inc. Raises Stock Holdings in FS Credit Opportunities Corp. $FSCO

Advisors Asset Management Inc. grew its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 15.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 708,043 shares of the company’s stock after acquiring an additional 92,641 shares during the quarter. Advisors Asset Management Inc. owned about 0.36% of FS Credit Opportunities worth $5,140,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in FS Credit Opportunities during the 2nd quarter worth $35,000. WPG Advisers LLC acquired a new position in FS Credit Opportunities in the first quarter valued at $84,000. Andina Capital Management LLC purchased a new stake in shares of FS Credit Opportunities in the first quarter valued at about $85,000. World Investment Advisors purchased a new stake in shares of FS Credit Opportunities in the second quarter valued at about $86,000. Finally, Benjamin Edwards Inc. acquired a new stake in shares of FS Credit Opportunities during the first quarter worth about $87,000. 36.37% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Performance

Shares of FSCO stock opened at $6.35 on Thursday. The stock’s 50-day moving average price is $6.63 and its 200 day moving average price is $7.06. FS Credit Opportunities Corp. has a 52-week low of $5.29 and a 52-week high of $7.65.

FS Credit Opportunities Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Thursday, November 20th will be issued a $0.0678 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%.

FS Credit Opportunities Profile

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.