OCCIP News and Press, OFS Credit Company Inc. 6.875% Series A Term Preferred Stock From 03/25/21

OXLC has announced a new 6.75% baby bond - OXLCL - which will likely be used to redeem the OXLCO preferred. The new bond changes the relative value equation in the OXLC capital structure, with preferreds now looking much less attractive due to their subordination. We don't know wh...

In addition to asset classes and sectors, income investors can also allocate along the capital structure dimension of many individual issuers. In many instances, preferred shares can offer not only lower volatility and greater distribution certainty but also competitive yields and sup...

13 out of 23 CEF sectors positive on price and 13 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. BSTZ/BMEZ boosts distributions by +48.7% and +45.0% respectively. For further details see: Weekly Closed-End Fund Roundup: March 7, 2021

I put capital to work in 5 funds for the month - 2 were new purchases and 3 were the result of swapping funds. Though all 5 funds I believe are worth investing in, if they weren't, I wouldn't have put my money there in the first place. Markets remain quite lofty, even with some vo...

The CLO equity senior security sector is easy to overlook, but it has a number of attractive features such as high yields, strong asset coverage levels, and mandatory maturities. Investors have to be mindful of a number of pitfalls, however, such as how to calculate yield and how to u...

The CEF preferreds sector can be overlooked by income investors due to its low average liquidity and low average yields. However, there is significant variation in the sector with a number of attractive securities in absolute and risk-adjusted terms. We highlight a number of them ...

Twenty-two out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: February 7, 2021

10-year Treasury yields have more than doubled from their lows earlier in the year. We take a look at a number of income sectors and securities that can perform well in a period of rising interest rates. We highlight some attractive options such as OCCIP, DMO, EFR, BSL, NCV, and o...

Senior loan funds are showing some opportunities at some deep discounts. These funds should benefit from increasing interest rates, but that could be years before playing out. Be aware of certain other risks in these investments, as well as the other benefits they can provide. ...

14 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. Convertibles lead while MLPs lag. Global allocation and limited duration are the highest-yielding CEF sectors. For further details see: Weekly Closed-End Fund Roundup: December...