OFS Credit Company Inc

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

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The full company name is OFS Credit Co., Inc.

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of October 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of October 31, 2024 is between $7.13 and $7.23. This estimate is not a comprehensive state.

OFS Credit Company Provides October 2024 Net Asset Value Update

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its board of directors (the “Board”) declared monthly cash distributions of $0.115 per share of common stock for each of the three months in the quarter ending January 31, 2025. The following schedule applies to the distributions for common stoc.

OFS Credit Company Declares Monthly Common Stock Cash Distributions

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of September 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of September 30, 2024 is between $6.98 and $7.08. This estimate is not a comprehensive s.

OFS Credit Company Provides September 2024 Net Asset Value Update

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We take a look at the action in preferreds and baby bonds through the first week of October and highlight some of the key themes we are watching. Preferred stocks saw slight declines as Treasury yields rose, but year-to-date returns remain strong, outperforming REITs and BDCs. Lower-priced preferreds offer better capital gain potential and are more attractive due to lower negative convexity compared to higher-priced counterparts.

Preferreds Weekly Review: Embedded Options And Redemption Likelihood

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its board of directors declared monthly cash distributions for the Company's 7.875% Series F Term Preferred Stock through January 31, 2025. The following schedule applies to the 7.875% Series F Term Preferred Stock (Nasdaq: OCCIM) distributions.

OFS Credit Company Declares Series F Preferred Stock Distributions

Angel Oak Mortgage

We take a look at the action in preferreds and baby bonds through the fourth week of September and highlight some of the key themes we are watching. Preferred stocks were on the week with credit spreads near their tightest level in over five years. Standard Chartered's lawsuit over transitioning from Libor to SOFR highlights opportunistic investor resistance due to differing crisis dynamics between the rates.

Preferreds Weekly Review: Standard Chartered Is Suing Shareholders Blocking Libor Transition

Great Elm Capital

Hewlett Packard

Hewlett Packard Enterprise, NewtekOne, Great Elm Capital, and OFS Credit Company have all priced new offerings, including convertible preferred stock and exchange-traded notes, with varying terms and yields. Investors can purchase newly introduced preferred stock at wholesale prices on the OTC, potentially avoiding capital loss if prices drop. CDx3 tracks past preferred stock and ETD offerings, providing alerts when securities fall below par value, offering insights into discounted investment opportunities.

New Preferred Stock And Exchange Traded Debt IPOs, September 2024

OFS Credit Company has historically underperformed, with poor risk-adjusted returns. We examine why the fund has done so well over the last six months. We go over the recently issued preferred shares and tell you where you can do much better with lower risk.

OCCI: A Look At New 7.87% Preferreds From This CLO Fund

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIN, OCCIO) today announced the pricing of an underwritten public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25.00 per share, raising $26.0 million in gross proceeds. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 156,000 shares of Preferred Stock on the same terms and.

OFS Credit Company, Inc. Prices Preferred Stock Offering

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIN, OCCIO) announced today that it plans to offer shares of its Series F Term Preferred Stock (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company has applied to list the Preferred Stock on the Nasdaq Capital Market under the trading symbol “OCCIM”. T.

OFS Credit Company, Inc. Commences Preferred Stock Offering

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of August 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of August 31, 2024 is between $7.04 and $7.14. This estimate is not a comprehensive stateme.

OFS Credit Company Provides August 2024 Net Asset Value Update

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fiscal quarter ended July 31, 2024. THIRD QUARTER HIGHLIGHTS Net investment income (“NII”) of $3.9 million, or $0.24 per common share, for the fiscal quarter ended July 31, 2024. This compares to NII of $4.5 million, or.

OFS Credit Company Announces Financial Results for the Third Fiscal Quarter 2024

OCCI offers a high dividend yield of 18.6%, making it appealing for income investors despite its 60.7% price decline since inception. The fund's portfolio focuses on CLO equity and debt, benefiting from interest rate cuts but sensitive to rate hikes. OCCI's distribution is well-covered by net investment income, ensuring stability and potential growth through reinvestment and a 5% DRIP discount.

OCCI: Reaping Benefits From Improving CLO Conditions

Eagle Point Credit

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We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, High Income Securities Fund, is implementing a novel strategy to get its initiatives approved by shareholders.

CEF Weekly Review: PCF Tries To Get Shareholders To Care

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of July 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of July 31, 2024 is between $7.19 and $7.29. This estimate is not a comprehensive statement o.

OFS Credit Company Provides July 2024 Net Asset Value Update

Nordic American Tankers

I've always been enthusiastic about the power of dividend stocks to generate wealth over time. You might be surprised to learn that some of the most promising opportunities come with price tags under $10 per share.

3 Under-$10 Dividend Stocks With Buy Ratings That Wall Street Loves

The largest holdings in my Income Compounder portfolio include CLO CEFs OXLC, ECC, OCCI, and CCIF. CLOs have grown into a $1.2 trillion asset class, offering attractive equity tranches with double-digit returns and bond-like cash flow. OCCI and OXLC offer high monthly distributions, with OXLC reporting strong core NII exceeding distributions and potential for further increases.

CLO Funds Offer Compelling Income Investment Opportunities With Up To 20% Yields

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its board of directors (the “Board”) declared monthly cash distributions of $0.115 per common share, a 9.5% increase from the prior monthly distribution amount of $0.105 per common share, for common stockholders for each of the three months in t.

OFS Credit Company Increases Monthly Common Stock Distributions

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of June 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of June 30, 2024 is between $7.15 and $7.25. This estimate is not a comprehensive statement o.

OFS Credit Company Provides June 2024 Net Asset Value Update

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XAI Octagon Floating Rate & Alternative Income Term Trust

Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment.

CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income

OCCI remains one of the worst performing funds in its category, lagging behind competitors in total return NAV. Recent performance improvements due to discount to NAV evaporating. The preferreds offer a better opportunity and a safer yield.

OCCI: 17% Yield And Your Chance To Switch To Preferreds

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of May 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of May 31, 2024 is between $7.35 and $7.45. This estimate is not a comprehensive statement of.

OFS Credit Company Provides May 2024 Net Asset Value Update

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fiscal quarter ended April 30, 2024. SECOND QUARTER HIGHLIGHTS Net investment income (“NII”) of $4.5 million, or $0.28 per common share, for the fiscal quarter ended April 30, 2024. This compares to NII of $4.6 million,.

OFS Credit Company Announces Financial Results for the Second Fiscal Quarter 2024

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of April 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of April 30, 2024 is between $7.29 and $7.39. This estimate is not a comprehensive statement.

OFS Credit Company Provides April 2024 Net Asset Value Update

OCCI, a CEF from OFS Credit Company Inc, has outperformed peer CLO funds over the past 6 months, with a total return of nearly 25%. The fund offers a DRIP discount to entice shareholders to reinvest their monthly distributions and increase AUM. OCCI holds about 70% CLO equity and 25% CLO debt.

OFS Credit: Now Even Better Than CLO Peers With Increased Monthly Dividend

News for OFS Credit Company Inc ETF (OCCI)