FS Investment Corporation (FSIC) : Muzinich scooped up 99,117 additional shares in FS Investment Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 2,295,467 shares of FS Investment Corporation which is valued at $21,256,024.FS Investment Corporation makes up approximately 9.32% of Muzinich’s portfolio.
FS Investment Corporation closed down -0.05 points or -0.54% at $9.21 with 4,41,580 shares getting traded on Monday. Post opening the session at $9.22, the shares hit an intraday low of $9.18 and an intraday high of $9.3 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Lowe Fs sold out all of its stake in FSIC during the most recent quarter. The investment firm sold 200 shares of FSIC which is valued $1,852.Creative Planning boosted its stake in FSIC in the latest quarter, The investment management firm added 14,537 additional shares and now holds a total of 68,088 shares of FS Investment Corporation which is valued at $608,026.Ckw Financial Group reduced its stake in FSIC by selling 1,685 shares or 30.8% in the most recent quarter. The Hedge Fund company now holds 3,786 shares of FSIC which is valued at $33,809. FS Investment Corporation makes up approx 0.01% of Ckw Financial Group’s portfolio.
FS Investment Corporation is a non-diversified closed-end management investment company. The Company’s investment objectives are to generate current income and a long-term capital appreciation. Its portfolio consists of investments in senior secured loans and second lien secured loans of private middle market United States companies and subordinated loans of private United States companies. The Company focuses on purchasing interests in loans or making other debt investments including investments in senior secured bonds through secondary market transactions in the over-the-counter market or directly from companies it is focused on as primary market or directly originated investments. It also focuses on purchasing interests in the form of common or preferred equity or the equity-related securities. Its investment activities are managed by FB Income Advisor LLC. FB Advisor has engaged GSO/Blackstone Debt Funds Management LLC (GDFM) to act as its investment sub-adviser.