OCCI News and Press, OFS Credit Company Inc. From 09/23/22

Summary 14 out of 23 CEF sectors were positive on price and 16 out of 23 sectors were positive on NAV last week. HYT conducts a rights offering. ZTR rights offering has expired. Author's note: This article was released to CEF/ETF Income Laboratory members on Septem...

OFS Credit ( NASDAQ: OCCI ) said Friday its estimated NAV per share as of Aug. 31 is $11.09-$11.19 vs. $10.56-$10.66 in Jul. This estimate did not undergo typical quarter-end financial closing procedures and may differ materially from future NAV determinations. ...

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 securiti...

OFS Credit press release ( NASDAQ: OCCI ): Q3 Non-GAAP NII of $0.54. Interest income increased to $6.8 million compared to $6.0 million in the prior quarter. For further details see: OFS Credit Non-GAAP NII of $0.54

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 securiti...

Summary 1 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on Au...

CEF discounts have narrowed from our previous update but are still sitting wider than at the end of 2021. So far, discounts have bottomed out with the market on June 16th, 2022, which has so far been the market low for 2022. 2022 remains a volatile year but has also presented quit...

CLO funds came with a lot of promise, but returns across the spectrum have been poor. OCCI boasts a stunning 20% yield, but problems abound. Four numbers you should remember here, 20%, 12%, 40% and 100%. CLO funds have struggled to deliver in the past 3-5 years. None of ...

OFS Credit Company ( NASDAQ: OCCI ) announced Tuesday that it estimates net asset value/share between $10.56 and $10.66 as of July 31, 2022, up from $9.89-$9.99 in June . The estimate has not undergone quarter-end financial closing procedures and was not approved by OC...

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 securiti...