OFS Credit Company, Inc. (OCCI)
| Market Value | 147.77M |
| Revenue (ttm) | 34.17M |
| Net Income (ttm) | 11.88M |
| Shares Out | 23.45M |
| EPS (ttm) | 0.65 |
| PE Ratio | 9.65 |
| Forward PE | 7.00 |
| Dividend | $1.35 (21.43%) |
| Ex-Dividend Date | Apr 17, 2025 |
| Volume | 309,587 |
| Open | 6.25 |
| Previous Close | 6.47 |
| Day's Range | 6.19 - 6.39 |
| 52-Week Range | 5.92 - 7.81 |
| Beta | 1.10 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About OCCI
OFS Credit Company, Inc. is a fund of OFS Advisor. [Read more]
News
OCCIM & OCCIN: Puppies Of A Lesser Dog
Our previous articles on OCCI have consistently held a bearish view due to its history of value destruction. The fund has recently hit new lows, comparable to the depths of the COVID-19 market crash. ...
Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha du...
Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred
Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred of...
ECC, OCCI Or Neither Of Them: A Pairs Trade For 2 CEFs
I'm currently favoring low-duration debt from CLO CEFs, hedging by shorting overvalued CEFs, and recently initiated a pair trade: Long ECC, short OCCI. ECC's high non-leverage expenses and lower asset...
OFS Credit Company Provides February 2025 Net Asset Value Update
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 (“C...
OFS Credit: Proving To Be Resilient, But Cracks Are Forming (Rating Downgrade)
OFS Credit Company Inc offers a high dividend yield of 19.5%, making it attractive for income-focused investors despite a modest 0.6% price decline. The fund's NAV is deteriorating due to net realized...
OFS Credit Company Announces Financial Results for the First Fiscal Quarter 2025
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 (“C...
The Tide Is Changing, Be Prepared With CLOs To Keep The Income Streaming In
The Magnificent Seven stocks led a bull run from late 2022 to 2024, but 2025's market correction reveals vulnerabilities, offering opportunities in high-yield CLO equity funds. CLO equity funds, like ...
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity an...
OFS Credit Company Provides January 2025 Net Asset Value Update
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 (“C...
CEF Weekly Review: CLO Equity CEFs Put Up Varying Performance
We review the CEF market valuation and performance through the last week of January and highlight recent market action. CEFs had a mixed week, with Municipal sectors outperforming due to a drop in Tre...
OFS Credit Company Announces Appointment Of Kyle Spina As Chief Financial Officer And Treasurer
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit” or the “Company”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and deb...
Yield Hunting (Part 3): 8.5% In 2 Years From OCCI Preferred Stock OCCIN
The yield curve is normalizing, and we aim for 8%+ yields with low downside deviation in our low-duration portfolio. OCCI has higher leverage and worse credit metrics compared to ECC and OXLC, but its...
Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick)
To find 10%+ dividends with safe financial profiles, in my view, BDC and CEF segments are currently the best places to look. Having said that, I am still skeptical about 15%+ cases.
OFS Credit Company Declares Monthly Common Stock Cash Distributions
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 (“C...
OFS Credit Company Provides December 2024 Net Asset Value Update
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 (“C...
OFS Credit Company Provides November 2024 Net Asset Value Update
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 (“C...
OFS Credit Company Announces Financial Results for the Fourth Fiscal Quarter 2024
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 (“C...
OFS Credit Company Provides October 2024 Net Asset Value Update
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 (“C...
OFS Credit Company Provides September 2024 Net Asset Value Update
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 (“C...
Preferreds Weekly Review: Embedded Options And Redemption Likelihood
We take a look at the action in preferreds and baby bonds through the first week of October and highlight some of the key themes we are watching. Preferred stocks saw slight declines as Treasury yield...
OFS Credit Company Declares Series F Preferred Stock Distributions
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 (“C...
Preferreds Weekly Review: Standard Chartered Is Suing Shareholders Blocking Libor Transition
We take a look at the action in preferreds and baby bonds through the fourth week of September and highlight some of the key themes we are watching. Preferred stocks were on the week with credit sprea...
New Preferred Stock And Exchange Traded Debt IPOs, September 2024
Hewlett Packard Enterprise, NewtekOne, Great Elm Capital, and OFS Credit Company have all priced new offerings, including convertible preferred stock and exchange-traded notes, with varying terms and ...
OCCI: A Look At New 7.87% Preferreds From This CLO Fund
OFS Credit Company has historically underperformed, with poor risk-adjusted returns. We examine why the fund has done so well over the last six months. We go over the recently issued preferred shares ...