OCCI
OFS Credit CoOCCI
OCCI
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 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
13% more capital invested
Capital invested by funds: $4.78M [Q3] → $5.4M (+$628K) [Q4]
12% more funds holding
Funds holding: 17 [Q3] → 19 (+2) [Q4]
0.13% more ownership
Funds ownership: 3.54% [Q3] → 3.67% (+0.13%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Research analyst outlook
We haven’t received any recent analyst ratings for OCCI.
Financial journalist opinion
Based on 5 articles about OCCI published over the past 30 days
Neutral
Seeking Alpha
5 hours 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.
Positive
Seeking Alpha
3 days 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.
Neutral
Business Wire
1 week 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.
Neutral
Business Wire
3 weeks 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.
Negative
Seeking Alpha
4 weeks 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.
Negative
Seeking Alpha
1 month ago
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 during volatile market conditions.
Positive
Seeking Alpha
1 month ago
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 offerings from CLO CEFs provide safer, more stable income, balancing risk-reward when it comes to seeking income. We have new offerings in the space since our last update, leading to greater diversification potential and increasing the viability of setting up a ladder of maturities.
Neutral
Seeking Alpha
1 month ago
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 yield make it less attractive, despite its larger size and historical outperformance compared to OCCI. OCCI, though smaller, boasts a higher asset yield but also higher non-leverage expenses, with no historical alpha generation.
Neutral
Business Wire
1 month ago
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 (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of February 28, 2025. Management's unaudited estimate of the range of our NAV per share of our common stock as of February 28, 2025 is between $6.75 and $6.85. This estimate is not a comprehensive sta.
Neutral
Seeking Alpha
1 month ago
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 losses in its CLO equity investments, raising concerns about long-term sustainability. Elevated interest rates pose risks, and the outlook for rate cuts has become less favorable, impacting OCCI's future performance.
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