OFS Credit Company Inc Stock News

OFS Credit Company''s (OCCI) estimated net asset value per share declines to $13.42-$13.52 in December from $13.90-$14 in November. The company says its future net investment income

As December 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4.375% to 10%.

With most of tax-loss selling behind us, a small correction in discounts and the January effect ahead of us, it makes sense to consider a few CEF ideas. We take a look at funds that offer a decent tra

OFS Credit Company, Inc. (OCCI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising ear

CHICAGO--(BUSINESS WIRE)--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 securities, today announced the following net asset value (“NAV”) estimate as of November 30, 2021. Management’s unaudited estimate of the range of our NAV per share of our common stock as of November 30, 2021 is between $13.90 and $14.00. This estimate is not a comprehensive s

CHICAGO--(BUSINESS WIRE)--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 securities, today announced its financial results for the fourth fiscal quarter and fiscal year ended October 31, 2021. HIGHLIGHTS Net asset value per common share of $14.00 at October 31, 2021. Net investment income ("NII") of $2.8 million, or $0.38 per common share, for the f

We take a look at the action in preferreds and baby bonds through the first week of December and highlight some of the key themes we are watching. November wrapped up as the worst month for preferreds

OFS Credit Company (NASDAQ: OCCI) (OFS Credit, the Company, we, us or our), an investment company that primarily invests in collateralized l

CHICAGO--(BUSINESS WIRE)--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, today announced that on December 1, 2021 its Board of Directors declared a $0.55 per share quarterly distribution for common stockholders for the quarter ending January 31, 2022. The distribution for common stockholders will be paid in cash or shares of our common stock a

CLO owner OFS Credit Company (OCCI) has announced they will be selling a new issue of term preferred stock. The company has 2 other issues outstanding which can be seen here. The company has stated they may redeem all or a portion of the series A 6.875% term preferred (OCCIP) with the proceeds of the Continue reading "OFS Credit Company to Sell New Term Preferred" The post OFS Credit Company to Sell New Term Preferred first appeared on Innovative Income Investor .

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized

CHICAGO--(BUSINESS WIRE)--OFS Credit Company (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan

OFS Credit's Phantom 15% Distribution Yield

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.