Delta Investment Management LLC Makes New $1.31 Million Investment in FS Credit Opportunities Corp. $FSCO

Key Points

• Delta Investment Management LLC has made a new investment of approximately $1.31 million in FS Credit Opportunities Corp., purchasing 185,192 shares in the first quarter of the year.
• FS Credit Opportunities Corp. has recently declared a monthly dividend of $0.0678 per share, which represents an annualized yield of 11.1%.
• The stock of FS Credit Opportunities opened at $7.35 with a 12-month price range between $5.29 and $7.65.

Delta Investment Management LLC purchased a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 185,192 shares of the company's stock, valued at approximately $1,306,000. Delta Investment Management LLC owned approximately 0.05% of FS Credit Opportunities as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FSCO. Curran Financial Partners LLC acquired a new stake in shares of FS Credit Opportunities during the 1st quarter valued at approximately $78,000. Global Assets Advisory LLC purchased a new position in shares of FS Credit Opportunities during the 1st quarter worth $77,000. Andina Capital Management LLC purchased a new position in FS Credit Opportunities during the first quarter worth about $85,000. Freestate Advisors LLC purchased a new position in shares of FS Credit Opportunities during the 1st quarter worth about $85,000. Finally, Benjamin Edwards Inc. acquired a new position in shares of FS Credit Opportunities in the 1st quarter valued at $87,000. Institutional investors and hedge funds own 36.37% of the company's stock.

FS Credit Opportunities Price Performance

FSCO stock opened at $7.35 on Wednesday. FS Credit Opportunities Corp. has a 12-month low of $5.29 and a 12-month high of $7.65. The stock has a 50-day moving average price of $7.32 and a two-hundred day moving average price of $7.06.

FS Credit Opportunities Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 22nd will be given a dividend of $0.0678 per share. This represents a c) dividend on an annualized basis and a yield of 11.1%. The ex-dividend date of this dividend is Friday, August 22nd.

About 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.

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