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This article was first released to CEF/ETF Income Laboratory subscribers 1 month ago,so data may be out of date. Please check latest data before making investment decisions.
Investment Thesis
OFS Credit Company (OCCI) (OCCIP) announced its preferred share offering - its ticker once listed in 30 days will be OCCIP - at the tune of $20 million being added to the fund. Investors can look to this preferred for a decently high yield conservative play or seek to benefit with OCCI's common shares.