NASDAQ:OCCI
OFS Credit Company Inc Stock News
$7.02
-0.0300 (-0.426%)
At Close: Apr 30, 2024
84 Monthly Paid Dividend Stocks And 80 Funds For April
05:28pm, Friday, 26'th Apr 2024
Imagine stocks & funds that pay dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is alleviated by 300%, or more! These April U.S. exchan
OCCI: Income Chasing, Now With A 16% Yield
08:39am, Monday, 01'st Apr 2024
OCCI is a Nasdaq-listed closed-end fund that primarily invests in Collateralized Loan Obligation equity and debt securities. The fund has a history of high distributions, but negative total returns on
CEF Weekly Review: Keeping An Eye On CEF Activists
01:25am, Sunday, 28'th Jan 2024
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
OCCI: 17% Yield Is Not Enough To Justify The NAV Decline Risk
09:33pm, Tuesday, 23'rd Jan 2024
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 comp
5 Closed-End Fund Buys In The Month Of December 2023 (Plus 1 Sell)
05:02am, Tuesday, 16'th Jan 2024
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 br
OCCI Stock Earnings: OFS Credit Co Reported Results for Q4 2023
01:53pm, Monday, 11'th Dec 2023
OFS Credit Co (NASDAQ: OCCI ) just reported results for the fourth quarter of 2023. OFS Credit Co reported earnings per share of 62 cents.
OCCI: Distribution Policy Was Not Inherently Negative, But New Policy Is Better
04:31pm, Wednesday, 06'th Dec 2023
OFS Credit Company Inc is a collateralized loan obligation fund that focuses on CLO equity. The old stock-based distribution policy was not inherently negative. New cash-based distribution policy is b
CEF Weekly Review: Be Careful With CEF Benchmarks
10:15am, Sunday, 29'th Oct 2023
We review CEF market valuation and performance through the third week of October and highlight recent market action. All CEF sector NAVs were down on the week, while only three sectors managed to tigh
CLO Equity CEFs: A Round-Up Of The Highest-Yielding CEF Sector
03:09am, Tuesday, 26'th Sep 2023
We review the CLO Equity CEF sector, which got a new addition recently with CCIF. The sector's valuation has deflated recently, though most funds continue to trade at premiums. CLO Equity CEF returns
OCCI: 26% Yield, But OXLC Might Actually Be Better
01:08pm, Wednesday, 12'th Jul 2023
OCCI was a hard pass about a year back. The "yield" was a mouth-watering 20%, but the numbers that mattered more were eye watering. The yield is now up to 26%. "Surely you cannot go wrong here?"
OFS Credit Company: I'm Passing On The 25.6% Yield
10:54am, Monday, 08'th May 2023
OFS Credit is paying out a 25.6% yield to its shareholders from a portfolio of CLOs. The closed-end fund has lost more than half of its value since its 2018 IPO.
OFS Credit Company, Inc. (OCCI) Upgraded to Strong Buy: Here's Why
01:33pm, Thursday, 26'th Jan 2023
OFS Credit Company, Inc. (OCCI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near ter
OFS Credit Company Compared To Two CLO CEF Peers: OXLC And ECC
02:26pm, Tuesday, 24'th Jan 2023
OFS Credit Company is a much smaller peer to Oxford Lane Capital and Eagle Credit Company. All three of these closed-end funds have investment focus on CLO strategies, particularly CLO equity.
Weekly Closed-End Fund Roundup: VFL Tender Results (December 18, 2022)
11:19pm, Tuesday, 27'th Dec 2022
2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.
Weekly Closed-End Fund Roundup: Special Distributions Coming Up (December 4, 2022)
09:43pm, Tuesday, 13'th Dec 2022
22 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. All sectors were positive last week.