OFS Credit Company Inc:OCCI

    Manage Alerts

    Overview

    As of 9/25/2020. NAV as of 7/31/2020.

     Share
    Price
    NAVPremium/
    Discount
    Current$8.95$10.94-11.61%
    52 Wk Avg$12.55$12.81-2.29%
    52 Wk High$17.77$17.1118.59%
    52 Wk Low$4.90$8.75-60.13%
    Regular Distribution TypeManaged Distribution
    Distribution Rate23.24%
    Distribution Amount$0.5200
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    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.

    Capital Structure

    As of 9/25/2020

    Total Investment Exposure:$54.477M
    Total Common Assets:$33.811M
    Common Shares Outstanding:3,244,829
    Leverage

    As of 9/25/2020

    Preferred Share Assets: $20.666M
    Total Debt (USD):
    Regulatory Leverage (USD): $20.666M
    Effective Leverage (USD): $20.666M
    Effective Leverage (%): 37.93%
    Annual Expense Ratios

    As of 10/31/2019

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 9.41%
    Fund Management

    Fund Sponsor
    OFS Credit Co Inc

    Portfolio Managers
    Richard Ressler, Bilal Rashid, Jeffrey A Cerny, Glen Ostrander, Kenneth A Brown

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: OCCI
    NAV Ticker: OCCI
    Average Daily Volume (shares): 33,042
    Average Daily Volume (USD): $0.388M
    Inception Date: 10/5/2018
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 9/25/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2020
    $0.8513
    Annualized Distribution Rate on NAV:
    As of 9/25/2020
    19.96%
    Total Return on NAV (12 months):
    As of 9/25/2020
    -26.52%
    Avg. Portfolio Coupon:
    As of 9/25/2020
    5.75%
    Total % Portfolio Effectively Leveraged:
    As of 9/25/2020
    37.93%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/25/2020

    PeriodAvg Discount
    6 Month-10.13%
    1 Year-2.29%
    3 Year 
    5 Year 
    Z-Score

    As of 9/25/2020

    PeriodZStat
    3 Month-1.23
    6 Month-0.08
    1 Year-0.52
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2020
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-20.02%-16.92%-11.03%-5.01%
    201912.09%-16.52%18.13%8.70%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2020
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/31/2020
    5.75%
    Number of Holdings:
    As of 4/30/2020
    37
    Annual Portfolio Turnover:
    As of 10/31/2019
    28.80%
    Average Bond Price:
    As of 4/30/2020
    $56.83
    Asset Allocation

    As of 4/30/2020 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2020 reported by Fund Sponsor

    Sector%Portfolio
    Securitized (Super Sector)98.05%
    Asset Backed98.05%
    Corporate Bond1.95%
    Corporate (Super Sector)1.95%
    Top Holdings

    As of 4/30/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Battalion Clo Xi Ltd 2017-11 FRN$3.24M6.60%
    CROWN POINT CLO 4 Ltd 15.95%$2.99M6.09%
    Flatiron Clo Ltd 2018-1 FRN$2.70M5.50%
    Marble Point Clo X FRN$2.68M5.46%
    Greenwood Park Clo 2018-1 FRN$2.57M5.23%
    Vibrant Clo Iii Ltd 2015-3rr FRN$2.40M4.90%
    Madison Park Funding Xxiii Ltd 11.11%$2.20M4.48%
    OCTAGON INVESTMENT PARTNERS 39 LTD$2.12M4.32%
    Elevation Clo 2017-7 FRN$2.10M4.29%
    Bluemountain Fuji Us Clo 2018 FRN$1.97M4.02%
    Maturity Breakdown

    As of 4/30/2020 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2020 reported by Fund Sponsor

    Country% Portfolio
    Others - Fixed Income66.37%
    United States - Fixed Income17.51%
    Ireland - Fixed Income13.12%
    Netherlands - Fixed Income3.00%
    Invalid Country - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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