OCCI News and Press, OFS Credit Company Inc. From 12/12/22

OFS Credit press release ( NASDAQ: OCCI ): Q4 Non-GAAP NII of $0.43. Interest income increased to $7.5 million compared to $6.8 million in the prior quarter Net asset value per common share of $9.98 as of October 31, 2022, a decrease from $10.61 as of July 31, 2022. Shares...

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 ...

OFS Credit Company ( NASDAQ: OCCI ) on Wednesday said it estimates NAV per share of its common stock as of October 31, 2022 in the range of $9.93 and $10.03. "Our financial condition, including the fair value of our portfolio investments, and results of operations ma...

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 CLO Equity CEFs continue to appeal to investors with their high distribution rates. In this article, we take a look at some misconceptions held by investors about these funds. The key takeaway is that while these funds undoubtedly carry risk, some investors tend to be ...

OFS Credit Company ( NASDAQ: OCCI ) on Wednesday said it estimated net asset value (NAV) per share of $9.94 to $10.04 as of Sept. 30, 2022. The company had estimated NAV per share of $11.09 to $11.19 as of Aug. 31, 2022. The estimated NAV per share range as of Sept. 30 "is...

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 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 We had a bearish view on ECC when we covered it last. The fund has succumbed to the credit stress, and total returns including distributions are now negative over the last 5 years. When enough bad news is priced in, the fund can indeed deliver positive returns. But...

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...