Small Businesses Rebound as Government Shutdown Ends, FSCO's Dividend Remains Steady

The government shutdown has ended, restarting government payments to defense contractors and small businesses, benefiting small business lender FS Credit Opportunities (FSCO). FSCO has a 3.7% stake in TCFIII Owl Finance, a pipeline to tech and defense players. The restart of government funding and contracts has also benefited FSCO's other investments, including Penn Foster and Monitronics International. Despite the shutdown, FSCO's net asset value has gained 1.7% in 2025, and the fund has paid a 12.5% dividend each month.