OFS Capital Corporation - Closed End Fund (OFS)
Frequently Asked Questions About OFS Capital Corporation - Closed End Fund (OFS)
Does OFS Capital Corporation pay dividends?
Yes, OFS Capital Corporation pays dividends to its shareholders. The company's business model is designed to provide regular income distributions to investors, typically on a monthly basis, from the interest and income generated by its investment portfolio.
How can investors buy shares of OFS Capital Corporation?
Investors can buy shares of OFS Capital Corporation through brokerage accounts, just like any other publicly traded stock. They can place buy and sell orders for shares listed under the ticker symbol OFS on the NASDAQ exchange.
How does OFS Capital Corporation generate returns for its investors?
OFS Capital Corporation generates returns primarily through interest income from its investments in debt instruments, as well as potential capital gains from equity investments made in middle-market companies. The fund aims to maintain a diversified investment portfolio to manage risk while seeking attractive yields.
How often does OFS Capital Corporation report its financials?
OFS Capital Corporation typically reports its financial results on a quarterly basis. These reports include detailed information about the company's performance, investment portfolio, and financial metrics, ensuring transparency for shareholders and investors.
Is OFS Capital Corporation subject to regulatory oversight?
Yes, OFS Capital Corporation is subject to regulatory oversight by the U.S. Securities and Exchange Commission (SEC) as it operates as a registered investment company. This regulation ensures compliance with federal securities laws and provides investor protections.
What does OFS Capital Corporation do?
OFS Capital Corporation is a closed-end fund that primarily invests in the debt and equity of middle-market companies. It aims to generate current income and long-term capital appreciation for its shareholders by investing in various financial instruments, primarily in the form of senior secured loans, subordinated debt, and preferred equity.
What industries does OFS Capital Corporation primarily invest in?
OFS Capital Corporation invests across a diverse range of industries, including but not limited to healthcare, manufacturing, service industries, and technology. This diversification helps mitigate risk and taps into various growth opportunities within the middle-market segment.
What is a closed-end fund?
A closed-end fund is an investment vehicle that raises a fixed amount of capital through an initial public offering (IPO) and then lists its shares for trading on a stock exchange. Unlike open-end funds, shares of closed-end funds are traded at market prices, which may be above or below the net asset value (NAV) of the fund.
What is the investment strategy of OFS Capital Corporation?
OFS Capital Corporation employs an investment strategy that focuses on applying a disciplined approach to credit analysis, aiming to identify undervalued investment opportunities in the middle-market segment. The strategy includes seeking to create a diversified portfolio across different sectors while selecting investments with attractive risk-adjusted returns.
What is the NAV (Net Asset Value) of OFS Capital Corporation?
The Net Asset Value (NAV) of OFS Capital Corporation represents the total value of the assets held by the fund minus any liabilities. It is calculated regularly and is an important indicator for investors in assessing the fund's performance relative to its market price.
What is the risk associated with investing in OFS Capital Corporation?
Investing in OFS Capital Corporation involves various risks, including credit risk associated with middle-market lending, market interest rate fluctuations, and liquidity risk given the nature of its investments. These risks can affect the performance of the fund and the value of its shares.
What is the ticker symbol for OFS Capital Corporation?
The ticker symbol for OFS Capital Corporation is OFS, and its shares are traded on the NASDAQ stock exchange. Investors can buy and sell shares of the fund just like any publicly traded stock.
What is the typical investment size for OFS Capital Corporation?
OFS Capital Corporation typically targets investments in the range of $5 million to $15 million per transaction. This size allows the company to engage effectively with middle-market businesses while maintaining a diversified portfolio across numerous investments.
What role does leverage play in OFS Capital Corporation's investment strategy?
OFS Capital Corporation may utilize leverage to enhance its investment capacity, aiming to increase potential returns. However, leveraging can also amplify risks, as it increases the fund's exposure to market fluctuations and interest rate changes.
What types of investments does OFS Capital Corporation focus on?
OFS Capital Corporation focuses on investments in senior secured loans, subordinated debt, and preferred equity of middle-market companies. The company seeks to provide financing solutions tailored to the unique needs of these businesses, which may not have access to traditional banking services.
When was OFS Capital Corporation founded?
OFS Capital Corporation was founded in 2013, beginning its operations as a publicly-traded investment company focused on providing customized financing solutions to middle-market businesses across various industries.
Where is OFS Capital Corporation headquartered?
OFS Capital Corporation is headquartered in Chicago, Illinois. Its location positions it well within a vibrant financial hub that allows for close relationships with key stakeholders in the investment and finance sectors.
Who manages OFS Capital Corporation?
OFS Capital Corporation is managed by OFS Capital Management, LLC, which has a team of investment professionals with extensive experience in credit analysis, investment management, and corporate finance. The management team is focused on identifying and evaluating investment opportunities in the middle-market sector.
What is the current price of OFS Capital Corporation - Closed End Fund?
The current price of OFS Capital Corporation - Closed End Fund is 8.485
When was OFS Capital Corporation - Closed End Fund last traded?
The last trade of OFS Capital Corporation - Closed End Fund was at 4:00 pm EDT on May 9th, 2025