OCCIO News and Press, OFS Credit Company Inc. 6.125% Series C Term Preferred Stock From 07/25/21

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...

20 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. MLPs lead, while commodities lag. Covered call increased most in premium/discount valuation last week. For further details see: Weekly Closed-End Fund Roundup: June 13, 2021

20 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. GAB rights offering is now live. IGA/IGD/IDE tender results were pleasing, DEX tender coming up. DSE to merge into an open-ended fund soon. Portfolio holdings: distribution boost...

Stocks eked out some small gains this week bringing the S&P 500 within a half a percent of the all-time high hit on May 7th. Discounts climbed back to their tightest levels of the last 8 years with munis starting to catch up to taxables. The spreads between the two are down to 1.4...

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...

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