OCCI News and Press, OFS Credit Company Inc. From 10/05/21

Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week. GOF/GGM/GPM merger has been approved. RIV announces a new rights offering. For further details see: Weekly Closed-End Fund Roundup: Sept. 26, 2021

We take a look at the action in preferreds and baby bonds through the third week of September and highlight some of the key themes we are watching. The preferreds market has seen a significant step down in returns despite a supportive macro backdrop due to tight credit spreads, low ri...

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...

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...

Who can blame OCCI for wanting to compete with the big kids in the CLO fund world, Eagle Point Credit and Oxford Lane Capital? So its 15% distribution yield tops the charts and looks pretty impressive. Until you read the fine print and see it's really a 3.75% cash payout and the r...

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, to...

We review CEF market valuation and performance over the penultimate week of July and highlight recent events. The CEF market had a brief dip early in the week which provided a dress rehearsal for a larger future drawdown and echoed some historical patterns. We continue to favor fu...

We take a look at the action in preferreds and baby bonds through the third week of July and highlight some of the key themes we are watching. Given sharply lower Treasury yields, we take a look at the impact of coupon level in driving portfolio durations. And have a look at recen...

We review CEF market valuation and performance over the past week and highlight recent events. CEF prices stalled in July on the back of lower risk sentiment driving discounts wider. We highlight the hybrid OCCI distribution, distribution rises in the Apollo credit funds, the rece...