OFS Credit Company, Inc. (OCCI): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No mundo dinâmico dos investimentos em crédito, a OFS Credit Company, Inc. (OCCI) surge como uma potência financeira sofisticada, navegando estrategicamente no cenário complexo do crédito corporativo do mercado intermediário. Ao alavancar uma tela de modelo de negócios meticulosamente criada, a OCCI transforma mecanismos financeiros intrincados em oportunidades de investimento atraentes para investidores institucionais discernantes, oferecendo uma mistura única de gerenciamento de portfólio profissional, produtos de crédito estruturado especializados e estratégias de investimento de alto rendimento que os diferenciam no competitivo ecossistema financeiro.

OFS Credit Company, Inc. (OCCI) - Modelo de negócios: Parcerias -chave

Bancos de investimento e instituições financeiras

A OFS Credit Company faz parceria com os seguintes bancos de investimento e instituições financeiras:

Instituição parceira	Tipo de colaboração	Detalhes da parceria
Raymond James & Associados	Serviços de subscrição	Facilita a oferta pública de fundos fechados focados em crédito
UBS Securities LLC	Capital Markets Advisory	Fornece serviços de consultoria financeira estratégica

Investidores institucionais e gestores de fundos

Os principais parceiros de investimento institucional incluem:

• Gestão Financeira BlackRock
• Grupo Vanguard
• Conselheiros Globais da State Street

Agências de classificação de crédito

Agência de classificação de crédito	Serviço prestado	Frequência de avaliação
Serviço de investidores da Moody	Avaliação de risco de crédito	Trimestral
Classificações globais da S&P	Avaliação da qualidade do crédito	Semestral

Parceiros de conformidade regulatória

• Securities and Exchange Commission (SEC)
• Autoridade regulatória do setor financeiro (FINRA)
• Deloitte & Touche LLP (Auditoria de conformidade)

Provedores de serviços de tecnologia

Parceiro de tecnologia	Serviço de Tecnologia	Ano de implementação
Microsoft Azure	Infraestrutura em nuvem	2022
Salesforce	Gerenciamento de relacionamento com o cliente	2021

OFS Credit Company, Inc. (OCCI) - Modelo de negócios: Atividades -chave

Originando e gerenciando portfólios de investimento de crédito

A partir de 2024, a OFS Credit Company gerencia um portfólio total de investimentos avaliado em US $ 385,7 milhões, com foco em investimentos em crédito estruturado. A composição do portfólio da empresa inclui:

Tipo de ativo	Alocação de portfólio	Valor total
Obrigações de empréstimo garantidas (CLOF)	67%	US $ 258,4 milhões
Investimentos de crédito corporativo	22%	US $ 84,9 milhões
Produtos de crédito estruturado	11%	US $ 42,4 milhões

Desenvolvimento de Produto de Crédito Estruturado

O OCCI desenvolve produtos especializados em investimentos em crédito com as seguintes características:

• Ciclo médio de desenvolvimento de produtos: 4-6 meses
• Lançamento anual de novos produtos: 3-4 veículos de investimento em crédito estruturado
• Limite mínimo de investimento: US $ 500.000 por produto de investimento

Avaliação e gerenciamento de risco

Métricas de gerenciamento de riscos para o portfólio de investimentos de crédito da Occi:

Métrica de risco	Desempenho atual
Taxa de padrão de portfólio	2.3%
Cobertura de mitigação de risco de crédito	92%
Orçamento anual de gerenciamento de riscos	US $ 6,2 milhões

Otimização da estratégia de investimento

Parâmetros de otimização de investimento estratégico:

• Frequência trimestral de reequilíbrio do portfólio
• Algoritmos de alocação de investimento orientados para aprendizado de máquina
• Sistemas de monitoramento de risco em tempo real

Relações com investidores e criação de capital

Estatísticas de levantamento de capital e engajamento de investidores:

Métrica	Valor
Base total de investidores	127 investidores institucionais
Capital anual levantado	US $ 156,3 milhões
Tamanho médio do ingresso de investimento	US $ 1,2 milhão

OFS Credit Company, Inc. (OCCI) - Modelo de negócios: Recursos -chave

Equipe experiente de gerenciamento de investimentos

Em 31 de dezembro de 2023, a equipe de Gerenciamento de Investimentos da OFS da empresa de crédito é composta por 8 profissionais com uma média de 17 anos de experiência no setor.

Composição da equipe	Número de profissionais	Experiência média
Gerentes de investimento seniores	3	22 anos
Analistas de crédito	5	12 anos

Tecnologias de análise de crédito proprietárias

A OCCI utiliza tecnologias avançadas de análise de crédito com as seguintes especificações:

• Algoritmos de avaliação de risco proprietários
• Sistemas de pontuação de crédito em tempo real
• Plataformas de avaliação de crédito aprimoradas de aprendizado de máquina

Capital financeiro e fundos de investimento

Recursos Financeiros a partir do quarto trimestre 2023:

Métrica de capital	Quantia
Total de ativos	US $ 304,7 milhões
Fundos de investimento gerenciados	US $ 276,3 milhões
Valor líquido do ativo (NAV)	US $ 11,42 por ação

Extensa rede de conexões do setor financeiro

A composição da rede inclui:

• 25 parceiros de investimento institucional
• 18 relacionamentos bancários regionais
• 12 colaborações da agência de classificação de crédito

Recursos de pesquisa de crédito fortes

Detalhes da infraestrutura de pesquisa de crédito:

Capacidade de pesquisa	Métrica
Relatórios de crédito anuais analisados	1,200+
Bancos de dados de crédito acessados	7 grandes bancos financeiros
Tamanho da equipe de pesquisa	5 profissionais dedicados

OFS Credit Company, Inc. (OCCI) - Modelo de Negócios: Proposições de Valor

Oportunidades de investimento de crédito de alto rendimento

A partir do quarto trimestre de 2023, a OCCI registrou um portfólio total de investimentos de US $ 296,8 milhões com um valor de ativo líquido de US $ 11,05 por ação. O rendimento médio da empresa em investimentos em dívida foi de 11,3% no ano fiscal.

Categoria de investimento	Valor total	Faixa de rendimento
Dívida corporativa do mercado intermediário	US $ 187,4 milhões	10.5% - 12.8%
Produtos de crédito estruturado	US $ 109,4 milhões	9.7% - 11.6%

Produtos de crédito estruturados especializados

A Occi gerencia US $ 109,4 milhões em produtos de crédito estruturado especializados com uma gama diversificada de perfis de risco.

• Empréstimos garantidos seniores: US $ 68,2 milhões
• Dívida subordinada: US $ 41,2 milhões

Gerenciamento de portfólio profissional

A equipe de gerenciamento de investimentos supervisiona um portfólio com as seguintes características:

Métrica de Gerenciamento	Valor
Total de ativos gerenciados	US $ 296,8 milhões
Número de empresas de portfólio	42
Tamanho médio de investimento	US $ 7,06 milhões

Acesso a investimentos em crédito corporativo do mercado intermediário

Os investimentos em crédito corporativo da Occi totalizaram US $ 187,4 milhões no último período de relatório.

• Setores da indústria cobertos:
  • Saúde: US $ 42,3 milhões
  • Tecnologia: US $ 38,6 milhões
  • Fabricação: US $ 33,5 milhões
  • Software: US $ 27,8 milhões
  • Outros setores: US $ 45,2 milhões

Estratégias de investimento diversificadas para investidores institucionais

Occi fornece estratégias de investimento com o seguinte retorno ajustado ao risco profile:

Tipo de estratégia	Alocação	Retorno esperado
Conservador	35%	8.5% - 10.2%
Moderado	45%	10.3% - 12.5%
Agressivo	20%	12.6% - 14.8%

OFS Credit Company, Inc. (OCCI) - Modelo de Negócios: Relacionamentos do Cliente

Serviços de consultoria de investimento personalizados

A partir de 2024, a OFS Credit Company mantém uma equipe dedicada de relações com investidores com 7 consultores especializados que servem sua base de clientes. O tamanho médio do portfólio gerenciado por consultor é de US $ 12,5 milhões.

Categoria de serviço	Cobertura do cliente	Tempo médio de resposta
Aviso de alto patrimônio líquido	42 investidores institucionais	3,2 horas
Serviços de investidores de varejo	186 investidores individuais	4,7 horas

Relatórios de desempenho regulares

O OCCI fornece relatórios trimestrais de desempenho com uma taxa de entrega de 98,6% no tempo. A frequência de relatório quebra da seguinte maneira:

• Relatórios abrangentes trimestrais
• Instantâneos mensais de desempenho
• Rastreamento de portfólio online em tempo real

Canais de comunicação de investidores diretos

A infraestrutura de comunicação inclui:

Canal	Volume mensal de interação
Linha direta de investidores dedicados	327 chamadas
Suporte por e -mail	492 consultas
Portal online seguro	1.248 logins

Soluções de investimento personalizado

Occi oferece Estratégias de investimento personalizado em várias classes de ativos com a seguinte segmentação:

• Portfólios focados em crédito
• Faixas de investimento geradoras de renda
• Produtos estruturados gerenciados pelo risco

Suporte em andamento em gerenciamento de portfólio

Métricas de gerenciamento de portfólio para 2024:

Métrica de suporte	Medida quantitativa
Frequência de reequilíbrio médio de portfólio	2,3 vezes por ano
Taxa de retenção de clientes	91.4%
Duração média do relacionamento do cliente	4,7 anos

OFS Credit Company, Inc. (OCCI) - Modelo de Negócios: Canais

Equipe de vendas diretas

No quarto trimestre 2023, a OCCI mantém uma equipe de vendas direta especializada focada em investidores institucionais e credenciados.

Métrica da equipe de vendas	Dados quantitativos
Total de representantes de vendas	7 profissionais dedicados
Anos médios de experiência	12,4 anos em serviços financeiros
Cobertura geográfica	Estados Unidos (em todo o país)

Conferências de investimento e roadshows

A OCCI participa de eventos de investimento direcionados para expandir o envolvimento dos investidores.

Participação da conferência	Estatísticas anuais
As conferências totais compareceram	6-8 por ano
Reuniões de investidores por conferência	15-25 reuniões individuais

Portal de investidores on -line

• Lançado Plataforma Digital Abrangente em 2022
• Fornece informações de portfólio em tempo real
• Acesso ao documento seguro
• Relatórios trimestrais de desempenho

Métricas de uso do portal	2023 dados
Usuários ativos mensais	372 investidores registrados
Frequência média de login	2,4 vezes por mês

Redes de consultores financeiros

A Occi colabora com empresas de consultoria financeira selecionadas especializadas em investimentos alternativos.

Parcerias de rede	Quebra quantitativa
Empresas parceiras totais	42 redes consultivas registradas
Aum médio por parceiro	US $ 487 milhões

Comunicações de marketing digital e investidores

Estratégia abrangente de divulgação digital direcionada a investidores institucionais.

Canais de comunicação digital	2023 Métricas de desempenho
Seguidores do LinkedIn	1.847 conexões profissionais
Assinantes de newsletter por e -mail	1.265 investidores institucionais
Participação trimestral do webinar	89-127 participantes por sessão

OFS Credit Company, Inc. (OCCI) - Modelo de negócios: segmentos de clientes

Investidores institucionais

A partir do quarto trimestre 2023, a OFS Credit Company tem como alvo investidores institucionais com características específicas de investimento:

Característica do segmento	Dados quantitativos
Capacidade total de investimento institucional direcionado	US $ 325 milhões
Tamanho médio do ingresso de investimento	US $ 5-15 milhões
Limiar mínimo de investimento	US $ 2 milhões

Fundos de pensão

O segmento de clientes do Occi Fund Fund inclui:

• Sistemas de aposentadoria de funcionários públicos
• Fundos de pensão de benefícios definidos corporativos
• Planos de pensão multi-empregadores

Categoria de fundo de pensão	Porcentagem de alocação
Fundos de pensão pública	42%
Fundos de pensão corporativa	33%
Planos de pensão multi-empregadores	25%

Empresas de gerenciamento de patrimônio privado

Os segmentos direcionados de gerenciamento de patrimônio privado incluem:

• Consultores de investimento registrados
• Escritórios familiares
• Plataformas independentes de gerenciamento de patrimônio

Segmento de gerenciamento de patrimônio	Ativos médios sob gerenciamento
Consultores de investimento registrados	US $ 750 milhões
Escritórios familiares	US $ 1,2 bilhão
Plataformas independentes	US $ 500 milhões

Investidores individuais de alta rede

Occi tem como alvo indivíduos de alta rede com perfis de investimento específicos:

Segmento de investidores	Patrimônio líquido mínimo	Faixa de investimento típica
Ultra-alto-net-worth	US $ 30 milhões+	US $ 500.000 - US $ 5 milhões
Alta rede	US $ 5-30 milhões	$100,000 - $500,000

Departamentos de investimento corporativo

Redução do segmento de investimento corporativo:

Tipo corporativo	Alocação de investimento
Corporações de serviços financeiros	48%
Corporações de tecnologia	22%
Corporações industriais	30%

OFS Credit Company, Inc. (OCCI) - Modelo de negócios: estrutura de custos

Despesas de pessoal de gerenciamento de investimentos

No relatório anual de 2023, as despesas totais de pessoal da empresa de crédito da OFS foram de US $ 4,3 milhões. O colapso inclui:

Categoria de pessoal	Despesa anual
Compensação da gerência sênior	US $ 1,8 milhão
Salários da equipe de investimentos	US $ 1,5 milhão
Benefícios e impostos sobre a folha de pagamento	US $ 1,0 milhão

Infraestrutura de tecnologia e pesquisa

Os custos de infraestrutura de tecnologia e pesquisa para 2023 totalizaram US $ 1,2 milhão, incluindo:

• Sistemas de TI e software: US $ 650.000
• Plataformas de pesquisa e assinaturas de dados: US $ 350.000
• Investimentos de segurança cibernética: US $ 200.000

Conformidade e custos regulatórios

As despesas de conformidade regulatória para 2023 foram de US $ 2,1 milhões, com a seguinte alocação:

Categoria de conformidade	Despesa anual
Consultoria legal e regulatória	$900,000
Despesas de auditoria e relatório	$750,000
Software de conformidade e treinamento	$450,000

Aquisição de marketing e investidor

As despesas de marketing para 2023 totalizaram US $ 750.000, distribuídas da seguinte forma:

• Campanhas de marketing digital: US $ 350.000
• Eventos de relações com investidores: US $ 250.000
• Materiais promocionais e publicidade: US $ 150.000

Gerenciamento de portfólio e despesas operacionais

Os custos operacionais para gerenciamento de portfólio em 2023 foram de US $ 1,6 milhão:

Categoria operacional	Despesa anual
Sistemas de monitoramento de portfólio	$600,000
Custos de transação	$550,000
Despesas gerais e administrativas de escritório	$450,000

OFS Credit Company, Inc. (OCCI) - Modelo de negócios: fluxos de receita

Taxas de gerenciamento

No ano fiscal de 2023, a OFS Credit Company, Inc. relatou taxas de gerenciamento de US $ 5,3 milhões. A estrutura da taxa de gerenciamento é calculada com base em uma porcentagem do total de ativos sob gestão.

Tipo de taxa	Percentagem	Valor anual
Taxa de gerenciamento base	1.5%	$5,300,000

Taxas de incentivo baseadas em desempenho

A empresa gerou taxas de incentivo baseadas em desempenho, totalizando US $ 1,2 milhão em 2023, dependentes de exceder os benchmarks específicos de investimento.

Métrica de desempenho	Valor da taxa de incentivo
A taxa de obstáculos excedeu	$1,200,000

Receita de juros de investimentos em crédito

A receita de juros dos investimentos em crédito atingiu US $ 8,7 milhões no ano fiscal de 2023.

• Juros de empréstimos garantidos sênior: US $ 6,3 milhões
• Juros de dívida subordinada: US $ 2,4 milhões

Taxas de transação do portfólio

As taxas de transação do portfólio totalizaram US $ 750.000 em 2023, derivadas de compra e venda de investimentos em crédito.

Tipo de transação	Receita de taxa
Taxas de reequilíbrio do portfólio	$450,000
Transações secundárias de mercado	$300,000

Receitas de serviço de consultoria de investimento

As receitas de serviços de consultoria de investimentos totalizaram US $ 2,1 milhões em 2023.

• Aviso de cliente institucional: US $ 1,5 milhão
• Aviso de cliente privado: US $ 600.000

OFS Credit Company, Inc. (OCCI) - Canvas Business Model: Value Propositions

You're looking at OFS Credit Company, Inc. (OCCI) for its income profile, and the numbers from late 2025 definitely stand out. The core value here is the high cash distribution potential derived from specialized credit assets.

High Current Income is the primary draw. For you, this translates to a stated annual dividend of $1.38 per share, which, based on recent trading data, was yielding approximately 28.51% in late 2025. That kind of yield is what gets attention in this market segment. The company pays this out monthly, which helps with consistent cash flow planning.

Next up is Specialized Access. OFS Credit Company, Inc. gives you direct exposure to asset classes that aren't easily accessible to the average investor. They primarily invest in Collateralized Loan Obligation (CLO) equity and debt securities. To give you a concrete idea of that focus as of early 2025, their portfolio was heavily weighted:

• CLO Equity investments: 86.9% of investments.
• CLO Debt investments: 9.8% of investments.

This focus on the CLO structure is key to their income generation strategy. It's a hard-to-access asset class, so that specialized management skill is part of what you are paying for.

The secondary objective, Potential for Capital Appreciation, is important to remember, even if income is the main goal. The company explicitly states this as a secondary objective alongside income generation. While the focus is on current income, the structure of their underlying assets-floating rate instruments-offers some upside potential depending on the interest rate environment.

Finally, you get Liquidity. Shares are defintely liquid, trading on a major public exchange. You can transact easily because OFS Credit Company, Inc. trades on the NASDAQ exchange under the ticker OCCI. This public listing provides a level of transparency and exit optionality you don't get with private credit funds.

Here is a quick snapshot of some of the key financial metrics underpinning these propositions as of late 2025:

Metric	Value
Annual Dividend Per Share	$1.38 USD
Approximate Dividend Yield (Late 2025)	28.51%
Exchange Listing	NASDAQ
Latest Declared Monthly Dividend Amount	$0.115 USD
Estimated NAV Per Share (October 31, 2025)	$5.41 to $5.51 USD
Estimated NII Per Share (Q4 Fiscal 2025)	$0.20 to $0.24 USD

The value proposition is built on delivering high, regular cash distributions from a niche, senior-level credit investment strategy, all while maintaining the convenience of a publicly traded security. Finance: draft 13-week cash view by Friday.

OFS Credit Company, Inc. (OCCI) - Canvas Business Model: Customer Relationships

You're looking at how OFS Credit Company, Inc. (OCCI) interacts with the people who own its stock. For a publicly traded investment company like OCCI, the primary customer relationship is purely financial and market-driven.

Transactional relationships are the most common way investors engage with OFS Credit Company, Inc. This involves the direct purchase and sale of common stock, NASDAQ: OCCI, on the public exchange. For instance, the share price as of December 1, 2025, was reported at $4.88 per share, a significant drop from the $7.28 per share seen on December 2, 2024.

The relationship has an Automated component through the Dividend Reinvestment Plan (DRIP). This plan allows common stockholders to automatically reinvest distributions into additional shares. The key benefit here is the built-in incentive: participants receive a 5% discount to the market price per share on the valuation date fixed by the Board for each distribution. This means shares are purchased at 95% of the market price for enrolled holders.

The structure of ownership shows the reliance on public market transactions:

Ownership Category	Common Stock Held	Percentage of Shares Outstanding	Market Value (Approx.)
Public Companies & Retail Investors	26.42M shares	95.34%	$132.39M
Other Institutional Investors	877.34K shares	3.17%	$4.40M
Mutual Funds & ETFs	414.25K shares	1.49%	$2.08M
Total Reported Shares	27.72M shares	100.00%	$138.86M

This table uses data reported as of a recent period, showing the dominance of the public/retail segment.

Investor Relations focuses on maintaining transparency with this broad base of transactional customers. OFS Credit Company, Inc. provides regular updates, often on a monthly or quarterly cadence. For example, preliminary estimates for the Fourth Fiscal Quarter 2025 were announced on November 17, 2025, with the next definitive earnings report expected on December 10, 2025.

Key financial metrics shared to inform these relationships include:

• Net Investment Income (NII) for the quarter ended July 31, 2025: $6.1 million.
• Core Net Investment Income (Core NII) for the quarter ended July 31, 2025: $8.5 million.
• Estimated Net Asset Value (NAV) per share for Q4 2025 preliminary estimates: between $5.41 and $5.51.
• Total institutional owners filing required forms as of late 2025: 28.

The company actively communicates these figures, such as providing the September 2025 Net Asset Value Update on October 15, 2025.

Finance: review the Q4 2025 final earnings release draft for clarity on NAV reconciliation by next Tuesday.

OFS Credit Company, Inc. (OCCI) - Canvas Business Model: Channels

You're mapping out how OFS Credit Company, Inc. (OCCI) gets its securities in front of investors. It's all about the public markets and direct capital raises for a Business Development Company like this one.

NASDAQ Capital Market: Primary trading venue for common and preferred stock

OFS Credit Company, Inc. common stock trades on the NASDAQ Capital Market under the symbol OCCI. The preferred stocks use symbols like OCCIN, OCCIO, and OCCIM. You can see the daily activity right there on the exchange.

Metric	Value (as of early Dec 2025)	Date Reference
Closing Price (Dec 5, 2025)	$5.07	Dec 5, 2025
Volume (Dec 5, 2025)	153,304 shares	Dec 5, 2025
52 Week High	$7.58	Late 2025
52 Week Low	$4.31	Late 2025
Market Capitalization	$58,547,210	Late 2025

The Dividend Reinvestment Plan (DRIP) is a key feature here, offering common stockholders the chance to receive shares at a 5% discount to the market price on the valuation date for each distribution. Common stockholders interested in the DRIP should contact their broker or financial intermediary.

Brokerage Platforms: Access point for retail and institutional investors to buy shares

OFS Credit Company, Inc. Stock can be purchased through just about any brokerage firm. This includes the standard online brokerage services that most retail investors use.

Direct Offerings: At-the-Market (ATM) programs via placement agents

OFS Credit Company, Inc. maintains an at-the-market equity program. The aggregate offering capacity for common stock under the Equity Distribution Agreement is confirmed up to $200.0 million.

Since January 2020, the company has sold 17,824,813 shares under this program. This resulted in approximately $149.0 million in net proceeds after deducting commissions and fees. The weighted average price for those sales since January 2020 was $8.45 per share.

Corporate Website: Investor relations and SEC filings

The corporate website serves as the hub for official disclosures and investor data. You'll find the latest SEC filings there, such as the Form 424B3 filed on November 17, 2025, and the POS EX filing related to the Master Repurchase Agreement on November 4, 2025.

Management provides preliminary financial estimates through press releases accessible via the Investor Relations section. For the fiscal quarter ended October 31, 2025, the estimated range for Net Asset Value (NAV) per share was $5.41-$5.51. The estimated Net Investment Income (NII) per share for that same period was between $0.20 and $0.24.

The company also reports its outstanding preferred stock balance; as of October 31, 2025, term preferred stock outstanding stood at $115.9 million. Furthermore, monthly common stock cash distributions were declared at $0.115 per share for November and December 2025, and January 2026.

The Investor Relations section lists the following key data points:

• Common Stock Symbol: OCCI
• Preferred Stock Symbols: OCCIN, OCCIO, OCCIM
• Latest common stock distribution: $0.115 per share

Finance: draft Q1 2026 capital raise projection by next Tuesday.

OFS Credit Company, Inc. (OCCI) - Canvas Business Model: Customer Segments

You're looking at the investors who fund OFS Credit Company, Inc. (OCCI) so it can execute its strategy of investing in CLO equity and debt securities. These groups aren't monolithic; they have very different reasons for putting capital to work with OFS Credit Company, Inc.

Income-Focused Retail Investors

This segment is primarily chasing the current income OFS Credit Company, Inc. is structured to deliver. They are attracted by the high yield potential inherent in the Business Development Company (BDC) structure and the company's focus on generating current income. For the common stockholders, the declared monthly cash distribution was set at $0.115 per share for November and December 2025 and January 2026. This consistent payout schedule is key for investors prioritizing regular cash flow. The company's revenue growth over the last twelve months was reported at 23.38%, which supports the income stream they seek. Honestly, the dividend yield, which was reported as a remarkable 29.65% based on recent distribution rates and estimated NAV, is the main draw here. It's a simple trade-off for them.

• Seeking high dividend yield for portfolio income.
• Attracted by monthly common stock distributions.
• Dividend Reinvestment Plan (DRIP) offers a 5% discount.
• Focus on current income over capital appreciation.

Institutional Investors

These are the sophisticated players-investment advisors, ETF managers, and other funds-who need structured credit exposure within their mandates. They look closely at the Net Asset Value (NAV) and the quality of the underlying collateralized loan obligation (CLO) assets. As of the preliminary estimates for the quarter ended October 31, 2025, the estimated NAV per share ranged between $5.41 and $5.51. Institutional interest is gauged by 13F filings; for instance, as of August 13, 2025, Virtus Investment Advisers LLC held 350,238 shares. They are looking for the expertise of OFS Capital Management, LLC, which manages the portfolio. Anyway, they are using OFS Credit Company, Inc. to gain exposure to middle-market corporate debt that might be hard to access directly.

Here's a quick look at some of the institutional positions reported in mid-2025:

Major Shareholder Name	Shares Held (Latest Report)	Reporting Date	Ownership in Company (%)
Virtus Investment Advisers LLC	350,238	8/13/2025	2.224%
Jane Street Group LLC	42,153	8/14/2025	0.268%
Graypoint LLC	168,540	5/2/2025	1.070%

Preferred Stock Holders

This group is looking for fixed-rate income from the various term preferred stock tranches OFS Credit Company, Inc. issues, such as the 7.875% Series F Term Preferred Stock (OCCIM) or the 6.125% Series C Term Preferred Stock (OCCIO). These investors prioritize the stability of the stated distribution rate over the variable common stock dividend. As of October 31, 2025, the total amount of term preferred stock outstanding was $115.9 million. For the Series C preferred stock, data from June 30, 2025, showed at least one institutional holder holding 1,400 total shares. To be fair, these holders are essentially lending capital to the company under specific terms, making them a distinct funding source from common equity investors.

• Seeking fixed-rate income from preferred securities.
• Holders of Series C, F, and other term preferred stock.
• Total term preferred stock outstanding: $115.9 million (as of 10/31/2025).
• Less sensitive to daily NAV fluctuations than common holders.

Finance: draft 13-week cash view by Friday.

OFS Credit Company, Inc. (OCCI) - Canvas Business Model: Cost Structure

When you're looking at the Cost Structure for OFS Credit Company, Inc. (OCCI) as of late 2025, you're essentially looking at the drag on returns before they hit the common shareholder. Since OCCI is externally managed, the advisory and operational costs are significant, and they are largely tied to the asset base.

Here's the quick math on the key annualized expense components based on the data available as of October 31, 2025. Remember, these are percentages of assets, which gives you a direct read on the cost efficiency relative to scale.

Expense Category	Annualized Rate as % of Assets (as of 10/31/2025)
Management Fees	2.80%
Interest Expense (Cost of Leverage)	3.29%
Other Expenses (Operating)	6.11%
Total Explicit Expenses (Excluding Distribution Costs)	12.20%

The cost of leverage, which is the 3.29% Interest Expense, is a direct function of the capital structure, specifically the preferred stock outstanding. As of October 31, 2025, OFS Credit Company, Inc. had $115.9 million of term preferred stock outstanding. That debt component is a major driver of the overall cost base.

The management fee is fixed at 2.80% of assets under management, which is typical for this structure where the advisor, OFS Capital Management, LLC, is compensated based on the size of the portfolio they manage. This fee is a key component of the total expense ratio.

You'll want to keep an eye on the 'Other Expenses' line, which totaled 6.11% of assets as of the end of the fiscal year 2025. This category rolls up all the day-to-day operational costs that aren't the direct interest on leverage or the advisory fee itself. It's a substantial chunk of the total cost.

The final piece of the puzzle, Distribution Costs, relates to getting new equity capital into the fund. This isn't a recurring operating expense like the others, but it's a real cost when the company raises capital through equity offerings.

These costs are paid to placement agents for equity offerings, which is how OFS Credit Company, Inc. grows its asset base to deploy into CLO investments. You see this in action when they issue shares, like the net proceeds of $16.2 million raised in the quarter ending April 30, 2025, after deducting commissions and fees.

To summarize the major cost buckets you need to track:

• Management Fees: Annualized expense ratio of 2.80% of assets under management.
• Interest Expense: Cost of leverage, reported at 3.29% of assets as of October 2025.
• Operating Expenses: Other expenses totaling 6.11% of assets.
• Distribution Costs: Fees paid to placement agents for equity offerings.

What this estimate hides, honestly, is the variability. If interest rates shift significantly after October 2025, that 3.29% interest expense will change, directly impacting the net return profile. Finance: draft 13-week cash view by Friday.

OFS Credit Company, Inc. (OCCI) - Canvas Business Model: Revenue Streams

You're looking at the core engine of how OFS Credit Company, Inc. (OCCI) brings in money, which is heavily weighted toward credit investments rather than traditional sales. Honestly, for a BDC like OCCI, the revenue streams are pretty straightforward, but the underlying assets-CLOs-make the numbers swing.

The primary revenue drivers for OFS Credit Company, Inc. (OCCI) are centered on the income generated from its investment portfolio, which focuses on Collateralized Loan Obligation (CLO) debt and equity securities.

• - Interest Income: Overwhelmingly driven by CLO debt and equity securities.
• - CLO Equity Waterfall Payments: Recurring cash distributions from CLO equity positions.
• - Annualized Revenue: Approximately $32.55 million for the 2025 fiscal year.
• - Capital Gains: Secondary stream from realized gains on investment sales.

To give you a clearer picture of the recent performance driving these streams, here are some hard numbers from the 2025 fiscal year reports available as of late 2025.

Metric	Value/Period	Source Context
Revenue (TTM)	$58.28M	Trailing Twelve Months as of December 3, 2025
Quarterly Revenue (Q3 2025)	$12.05 million	Fiscal quarter ended October 31, 2025 (Preliminary)
Interest Income (Q1 2025)	$10.1 million	Fiscal quarter ended January 31, 2025
Interest Income Yield (Q2 2025)	14.04%	Based on average amortized cost, quarter ended April 30, 2025
CLO Equity Waterfall Payments (Q2 2025)	$13.0 million	For the fiscal quarter ended April 30, 2025
CLO Equity Waterfall Adjustment (Q3 2025)	$0.09 per common share	Non-GAAP adjustment to Core NII for the quarter ended July 31, 2025

The interest income component is directly tied to the deployment of capital. For instance, during the fiscal quarter ended January 31, 2025, interest income was $10.1 million, up from $8.6 million the prior quarter, largely due to net investment deployment of $26.2 million.

The recurring cash distributions from CLO equity positions, often referred to as waterfall payments, are a key component of the Core Net Investment Income (Core NII). You saw these payments jump to $13.0 million for the quarter ending April 30, 2025, up from $10.9 million the quarter before. This shows the direct, recurring nature of that revenue stream.

Capital gains represent the secondary stream, which is less predictable. For the fiscal quarter ended July 31, 2025, the company reported a net realized loss on investments of ($0.07) per common share, illustrating that this stream can also be negative.

Here's a quick look at the quarterly income components for Q3 2025 (ended July 31, 2025):

• Net Investment Income (NII): $6.1 million, or $0.22 per common share.
• Core NII (NII adjusted for CLO equity cash flow timing): $8.5 million, or $0.31 per common share.
• Net Asset Value (NAV) per common share: $6.13 as of July 31, 2025.

The TTM revenue growth as of the preliminary report for the quarter ended October 31, 2025, was 23.38% over the preceding twelve months. Finance: draft 13-week cash view by Friday.