Mar. 6 at 4:14 PM
$FSCO "As interest rates have declined, we believe it is appropriate to adjust the monthly distribution in line with the current rate environment. Importantly, this decision is not driven by credit quality or portfolio performance.
Our portfolio continues to perform well, with non–accruals declining from the third to the fourth quarter and remaining at a low level of approximately 3% at fair value. We are pleased to report that the portfolio delivered strong results throughout 2025, achieving a net return of 10.89% for the calendar year based on NAV. Looking ahead, we remain optimistic and maintain a positive perspective on the portfolio's performance."