Rep. Tim Walberg Sells Off Shares of FS Specialty Lending Fund (NYSE:FSSL)

Representative Tim Walberg (Republican-Michigan) recently sold shares of FS Specialty Lending Fund (NYSE:FSSL). In a filing disclosed on June 03rd, the Representative disclosed that they had sold between $15,001 and $50,000 in FS Specialty Lending Fund stock on June 1st.

FS Specialty Lending Fund Trading Up 0.5%

Shares of FSSL stock opened at $11.65 on Friday. FS Specialty Lending Fund has a 1 year low of $11.00 and a 1 year high of $15.00. The company’s 50 day moving average is $12.03.

FS Specialty Lending Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were given a dividend of $0.1375 per share. The ex-dividend date was Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 14.2%.

Hedge Funds Weigh In On FS Specialty Lending Fund

Several large investors have recently modified their holdings of FSSL. World Investment Advisors purchased a new stake in FS Specialty Lending Fund during the 4th quarter valued at $160,000. Riverbridge Partners LLC boosted its stake in FS Specialty Lending Fund by 8.1% during the first quarter. Riverbridge Partners LLC now owns 158,283 shares of the company’s stock worth $1,980,000 after buying an additional 11,860 shares during the period. Apella Capital LLC bought a new position in FS Specialty Lending Fund during the first quarter valued at $128,000. TrueMark Investments LLC increased its position in FS Specialty Lending Fund by 127.4% during the first quarter. TrueMark Investments LLC now owns 67,304 shares of the company’s stock valued at $842,000 after acquiring an additional 37,706 shares during the last quarter. Finally, GHP Investment Advisors Inc. purchased a new stake in shares of FS Specialty Lending Fund in the first quarter valued at $25,000.

Insider Activity

In other news, Director Richard I. Goldstein bought 10,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average price of $11.92 per share, for a total transaction of $119,200.00. Following the acquisition, the director owned 20,000 shares of the company’s stock, valued at $238,400. The trade was a 100.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

About Representative Walberg

Tim Walberg (Republican Party) is a member of the U.S. House, representing Michigan’s 5th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Walberg (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 5th Congressional District. He declared candidacy for the 2026 election.

Walberg was born in 1951 in Chicago, IL. After attending the Moody Bible College Institute in Chicago, he went on to earn his B.S. from Fort Wayne Bible College in 1975 and his M.A. from Wheaton College in 1978. Prior to his political career, Walberg was a minister.

FS Specialty Lending Fund, Inc (NYSE: FSSL) is a publicly listed, closed-end management investment company that provides investors with exposure to specialty finance and private credit markets. The fund seeks to generate current income and long‑term capital appreciation primarily through investments in credit instruments, with a focus on lending strategies that complement traditional fixed‑income allocations. It is sponsored and managed by an adviser affiliated with FS Investments.

The fund’s investment activities typically include originating, acquiring, and managing a diversified portfolio of debt instruments such as senior secured loans, subordinated debt, mezzanine financing, and other specialty finance products.