FS Credit Opportunities Corp. $FSCO is Vista Finance LLC's 2nd Largest Position

Key Points

• Vista Finance LLC increased its stake in FS Credit Opportunities Corp. (NYSE: FSCO) by 5.1%, making it the second largest holding in their portfolio with over 2 million shares.
• The company has declared a monthly dividend of $0.0678, with a yield of 12.7%, to be paid out on November 28th.
• FS Credit Opportunities Corp. shares have reached a high of $7.65 and a low of $5.29 over the past year, with current trading around $6.42.

Vista Finance LLC boosted its holdings in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 5.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,054,723 shares of the company's stock after acquiring an additional 98,911 shares during the quarter. FS Credit Opportunities comprises approximately 12.8% of Vista Finance LLC's portfolio, making the stock its 2nd biggest holding. Vista Finance LLC owned about 1.04% of FS Credit Opportunities worth $14,917,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. LPL Financial LLC raised its position in FS Credit Opportunities by 0.7% in the first quarter. LPL Financial LLC now owns 2,730,010 shares of the company's stock worth $19,247,000 after acquiring an additional 19,393 shares in the last quarter. Envestnet Asset Management Inc. raised its position in FS Credit Opportunities by 8.9% in the first quarter. Envestnet Asset Management Inc. now owns 1,909,783 shares of the company's stock worth $13,464,000 after acquiring an additional 156,078 shares in the last quarter. Ellis Investment Partners LLC raised its position in FS Credit Opportunities by 1.6% in the second quarter. Ellis Investment Partners LLC now owns 829,909 shares of the company's stock worth $6,025,000 after acquiring an additional 13,260 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of FS Credit Opportunities by 91.1% in the first quarter. Geneos Wealth Management Inc. now owns 630,813 shares of the company's stock valued at $4,771,000 after buying an additional 300,660 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its position in shares of FS Credit Opportunities by 20.0% in the first quarter. Advisors Asset Management Inc. now owns 615,402 shares of the company's stock valued at $4,339,000 after buying an additional 102,394 shares in the last quarter. Hedge funds and other institutional investors own 36.37% of the company's stock.

FS Credit Opportunities Stock Performance

Shares of FSCO stock opened at $6.42 on Friday. FS Credit Opportunities Corp. has a fifty-two week low of $5.29 and a fifty-two week high of $7.65. The business has a fifty day simple moving average of $7.18 and a 200-day simple moving average of $7.10.

FS Credit Opportunities Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Thursday, November 20th will be given a $0.0678 dividend. The ex-dividend date is Thursday, November 20th. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%.

FS Credit Opportunities Company 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.

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