Karpus Management reports 449,220 Preferred shares in OFS Credit (OCCI)
Rhea-AI Filing Summary
OFS Credit Company, Inc. beneficial ownership disclosure: Karpus Management, Inc. reports beneficial ownership of 449,220 Preferred shares representing 19.88% of the class. The filing is an Amendment No. 9 to a Schedule 13G/A and was signed on 05/07/2026.
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Key Figures
Filing type: Schedule 13G/A (Amendment No. 9)
Shares beneficially owned: 449,220 shares
Percent of class: 19.88%
+2 more
5 metrics
Filing type
Schedule 13G/A (Amendment No. 9)
ownership disclosure of Preferred class
Shares beneficially owned
449,220 shares
Preferred class reported by Karpus Management
Percent of class
19.88%
Percent of Preferred class beneficially owned
CUSIP
67111Q404
Identifier for the Preferred shares reported
Signature date
05/07/2026
Date the Schedule 13G/A amendment was signed
Key Terms
Schedule 13G/A, Beneficially owned, CUSIP, Sole voting power
4 terms
Schedule 13G/A regulatory
"This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus")"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned financial
"Amount beneficially owned: 449,220.00 (b) Percent of class: 19.88 %"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
CUSIP financial
"CUSIP No.: 67111Q404"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
Sole voting power regulatory
"Sole Voting Power 449,220.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Karpus' 19.88% stake in OCCI Preferred mean?
It indicates a large passive ownership position of 19.88% in OCCI Preferred. The Schedule 13G/A lists 449,220 Preferred shares beneficially owned by Karpus, reported in an Amendment No. 9 and signed on 05/07/2026.
Who filed the Schedule 13G/A for OCCI and what entity do they represent?
The filing was made by Karpus Management, Inc. It states the shares are owned directly by accounts managed by Karpus; Karpus is a New York corporation with its management committee as U.S. citizens.
What CUSIP and security class are covered in the filing for OCCI?
The filing covers Preferred shares with CUSIP 67111Q404. The document explicitly identifies the security class as Preferred and provides the issuer address at 10 South Wacker Drive, Suite 2500, Chicago, IL.
When was the Schedule 13G/A signed and who signed it?
The amendment was signed on 05/07/2026 by Jodi L. Hedberg. The signature block identifies Ms. Hedberg as Chief Compliance Officer for Karpus Management, Inc., the reporting person.