OCCI News and Press, OFS Credit Company Inc. From 03/05/24

2024-03-05 16:20:09 ET Summary Over one third of Americans earning over $200,000 per year live paycheck to paycheck and have less than $2,000 in savings. 10,000 Americans per day are reaching retirement age, with the number of older adults set to double by 2050. Many Americans...

2024-02-15 16:05:35 ET More on OFS Credit OCCI: 17% Yield Is Not Enough To Justify The NAV Decline Risk OFS Credit declares $0.10 dividend Read the full article on Seeking Alpha For further details see: OFS Credit sees its January NAV per share to be betw...

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 ...

2024-02-11 15:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

Amended Dividend Reinvestment Plan Permits DRIP Shares to be Issued at 95% of Market Price OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily...

2024-01-29 09:25:19 ET Summary XAI Octagon Floating Rate & Alternative Income Term Trust had a strong performance in 2023, rebounding from the year prior. The fund has recently received shareholder approval to switch to a perpetual fund from a term-structured fund. The fun...

2024-01-28 01:25:23 ET Summary We review CEF market valuation and performance through the third week of January and highlight recent market action. Most CEF sectors were down for the week, except for covered calls and loans, which saw small gains. CEF activists like Saba, Karp...

2024-01-23 21:33:19 ET Summary OFS Credit Company is a small CEF that invests in CLO structures primarily associated with equity lever. Since the IPO back in 2018, OCCI has delivered relatively flat returns, where the dividend component has compensated for ~50% decline in NAV. ...

2024-01-18 10:43:45 ET Summary abrdn, a UK-based fund manager, has been aggressively acquiring and merging closed-end funds aka CEFs from other managers to expand its offerings. CEFs have advantages over traditional dividend-paying stocks and offer a wide range of asset types and ...

2024-01-16 05:02:15 ET Summary Equity and fixed-income markets had another strong month in December, driven by continuing retreating risk-free Treasury rates. We even saw an improvement in the breadth of the overall market, with broader participation lifting some of the beaten-dow...