OCCI News and Press, OFS Credit Company Inc. From 06/05/21

We review CEF market valuation and performance over the past week and highlight recent events. The CEF market continues chugging along, delivering strong returns over the month of May. We highlight individual fund news from the previous week. For further details see: CEF...

The CEF market recovered almost entirely from a recent bump in the road due to inflation worries. We review CEF market valuation and performance over the past week and highlight recent events. We continue to favor the few remaining pockets of value in the space across a few higher...

OFS Credit (OCCI) declares $0.54/share quarterly dividend, 1.9% increase from prior dividend of $0.53.Forward yield 15.06%Payable July 30; for shareholders of record June 14; ex-div June 11.See OCCI Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: OFS Cre...

OFS Credit Company (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, tod...

As of Apr.30, 2021, OFS Credit (OCCI) unaudited estimate of the range of NAV/share is between $13.91 and $14.01.This compares to Mar.31 unaudited estimated NAV range of $13.39 and $13.49. For further details see: OFS Credit estimates NAV between $13.91 and $14.01

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...

Have you ever wished you could join an exclusive club? One million dollars is a big figure to aim for. How about income equal to a millionaire - what does that look like? For further details see: How To Retire With A Millionaire's Income

New issuance has been running apace in the small CLO CEF senior security sector. We highlight the latest preferred offering OCCIO from OCCI which will be used to refinance two other existing preferred series. Our key takeaway is that there are better choices in the sector, either ...

Nineteen out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. MLPs lead while munis lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: May 2, 2021

The question today is, should you avoid CEF IPOs? From the data we have compiled, it seems that the averages come to be quite flat and it largely depends on the circumstances of its launch. One potential way to play this could be buying on day 1 and selling after 1-month of holdin...