OCCI

OFS Credit Co

6.31 USD
-0.07
1.10%
At close Jun 13, 4:00 PM EDT
After hours
6.32
+0.01
0.16%
1 day
-1.10%
5 days
4.30%
1 month
-6.24%
3 months
-9.60%
6 months
-15.53%
Year to date
-12.12%
1 year
-15.75%
5 years
-28.13%
10 years
-62.73%
 

About: OFS Credit Co Inc is a non-diversified, closed-end management investment company. Its investment objective is to generate current income, with a secondary objective to generate capital appreciation primarily through investment in collateralized loan obligation (CLO) equity and debt securities. The company invests in floating rate credit instruments and other structured credit investments, including; collateralized loan obligation (CLO) debt and subordinated (i.e., residual or equity) securities; traditional corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, including stressed and distressed credit situations and long/short credit investments; and other credit-related instruments.

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

350% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 2

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

21% more funds holding

Funds holding: 19 [Q4 2024] → 23 (+4) [Q1 2025]

7% more capital invested

Capital invested by funds: $5.4M [Q4 2024] → $5.79M (+$388K) [Q1 2025]

0.36% more ownership

Funds ownership: 3.67% [Q4 2024] → 4.03% (+0.36%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

Research analyst outlook

We haven’t received any recent analyst ratings for OCCI.

Financial journalist opinion

Neutral
Business Wire
3 days ago
OFS Credit Company Provides May 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 (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at May 31, 2025. Management's unaudited estimate of the range of our NAV per share of our common stock at May 31, 2025 is between $6.23 and $6.33. This estimate is not a comprehensive statement of our fi.
OFS Credit Company Provides May 2025 Net Asset Value Update
Neutral
Business Wire
5 days ago
OFS Credit Company Announces Financial Results for the Second 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 (“CLO”) equity and debt securities, today announced its financial results for the fiscal quarter ended April 30, 2025. SECOND QUARTER HIGHLIGHTS Net investment income (“NII”) of $5.2 million, or $0.21 per common share, for the fiscal quarter ended April 30, 2025. This compares to NII of $5.2 million,.
OFS Credit Company Announces Financial Results for the Second Fiscal Quarter 2025
Neutral
Business Wire
1 month ago
OFS Credit Company Announces Preliminary Estimates of Certain Financial Results for its Second 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 (“CLO”) equity and debt securities, today announced preliminary estimates of certain financial results for the fiscal quarter ended April 30, 2025. PRELIMINARY ESTIMATES OF CERTAIN FINANCIAL RESULTS Management's unaudited estimate of the range of our net asset value per share of our common stock at Ap.
OFS Credit Company Announces Preliminary Estimates of Certain Financial Results for its Second Fiscal Quarter 2025
Positive
Seeking Alpha
1 month ago
It's Raining CLO Equity CEFs And Why We Got Longer
The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns during periods of market volatility.
It's Raining CLO Equity CEFs And Why We Got Longer
Positive
Seeking Alpha
1 month ago
OCCI: Income Investors Should Seriously Consider CLO Equity Despite Perceived Risk
Despite market volatility, CLO equity tranches offer high-yield income and portfolio diversification with relatively low risk, making them a compelling investment option. OFS Credit Company Inc. is recommended for its strong distribution coverage, stable NAV, and recent low-cost investments in new CLOs. Active management in CLOs allows for portfolio adjustments during economic downturns, potentially outperforming other asset classes in a recession.
OCCI: Income Investors Should Seriously Consider CLO Equity Despite Perceived Risk
Neutral
Seeking Alpha
1 month ago
CEF Weekly Review: CLO CEFs' NAVs Take It On The Chin In March
We review the CEF market valuation and performance through the third week of April and highlight recent market action. Nearly all CEF sectors finished in the green this week, though month-to-date performance remains underwater. The median CEF sector discount has bounced off the trough, trading near the longer-term historical average, recovering close to half its April drawdown.
CEF Weekly Review: CLO CEFs' NAVs Take It On The Chin In March
Positive
Seeking Alpha
1 month ago
Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.
Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
Neutral
Business Wire
1 month ago
OFS Credit Company Provides March 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 (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of March 31, 2025. Management's unaudited estimate of the range of our NAV per share of our common stock as of March 31, 2025 is between $6.57 and $6.67. This estimate is not a comprehensive statement.
OFS Credit Company Provides March 2025 Net Asset Value Update
Neutral
Business Wire
2 months ago
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 (“CLO”) equity and debt securities, today announced that its board of directors (the “Board”) declared monthly cash distributions of $0.115 per share of common stock for each of the three months in the quarter ending July 31, 2025. The Board has also declared monthly cash distributions for the Company.
OFS Credit Company Declares Monthly Common Stock Cash Distributions
Negative
Seeking Alpha
2 months ago
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. We look at the secondary securities, or puppies as we like to call them.
OCCIM & OCCIN: Puppies Of A Lesser Dog
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