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Stock impact report

Is This 16% Yield an Income Investor's Dream or Too Good to Be True? [Yahoo! Finance]

FS Credit Opportunities Corp. (FSCO) 
Company Research Source: Yahoo! Finance
Closed-end funds (CEFs) are popular with many income investors because of their juicy distributions. Yield-hungry investors also often favor business development company (BDC) stocks for the same reason. FS Credit Opportunities Corp. (NYSE: FSCO) offers two for the price of one. It's basically a BDC wrapped in a CEF. The fund is operated by Future Standards, a global alternative asset manager with $86 billion in assets under management. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The combination CEF/BDC's distribution yield currently tops 16%. Is this yield an income investor's dream? Or is it too good to be true? Image source: Getty Images. Definitely no dream I'll cut to the chase. FS Credit Opportunity's ultra-high yield definitely isn't an income investor's dream. There's too much baggage to mee Show less Read more
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