One thing we love to find as income investors? A situation where a double-digit dividend is coming our way--at an undeserved double-digit discount. Every now and then, a situation like that can get truly extreme. These are the times when we really want to take a closer look. This is the kind of setup we have with a closed-end fund (CEF) called FS Credit Opportunities Corp. (FSCO) right now. I'll cut right to the vitals. As I write this, FSCO yields 13.7%. The discount? It sits at 27%. In other words, this fund is now on the table for just 73 cents on the dollar. As recently as last year, it traded above par. It also stands out next to the 6.3% average discount among CEFs tracked by my CEF Insider service.
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