Odyssey Group Holdings Subsidiaries' Ratings Affirmed by AM Best with Stable Outlooks

AM Best has affirmed the financial strength ratings and long-term issuer credit ratings of Odyssey Group Holdings' subsidiaries, citing their strong balance sheet, favorable operating performance, and conservative reserve practices. The ratings reflect the company's solid operating returns and low volatility through market cycles, as well as its appointment of a long-tenured member of the organization's senior management team to replace its outgoing CEO. The ratings have a stable outlook.

AM Best has affirmed the financial strength ratings and long-term issuer credit ratings of Odyssey Group Holdings' subsidiaries. The ratings, which reflect the company's strong balance sheet, favorable operating performance, and conservative reserve practices, are a testament to its solid operating returns and low volatility through market cycles [1]. Odyssey Group Holdings' appointment of a long-tenured member of its senior management team to replace the outgoing CEO has also contributed to the stable outlook of the ratings.

The financial data provided in the article highlights the company's robust performance. As of July 10, 2025, Odyssey Group Holdings' trailing total returns stood at 12.50%, significantly outperforming the S&P/TSX Composite index (^GSPTSE) which returned 9.93% over the same period [1]. Over the past year, the company's returns were 50.00%, compared to the index's 21.09% [1].

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO), a non-diversified, closed-end management investment company advised by Franklin Templeton Fund Adviser, LLC, also reported its financial status as of June 30, 2025. The Fund's net assets were $928.7 million, with a net asset value per share of $51.06 [2]. The Fund's asset coverage ratio with respect to senior indebtedness was 620%, and with respect to total leverage was 457% [2]. The Fund's top ten equity holdings, as of June 30, 2025, included Targa Resources Corp., Energy Transfer LP, and MPLX LP, among others [2].

The appointment of a long-tenured senior management member at Odyssey Group Holdings signals a commitment to stability and continuity, which is likely to be positively received by investors and stakeholders. The strong financial performance and conservative practices of the company's subsidiaries, as affirmed by AM Best, provide reassurance for investors seeking reliable and stable investment opportunities.

References:

[1] https://ca.finance.yahoo.com/quote/ODX-H.V/
[2] https://www.marketscreener.com/quote/stock/CLEARBRIDGE-ENERGY-MIDSTR-10850782/news/ClearBridge-Energy-Midstream-Opportunity-Fund-Inc-Announces-Unaudited-Balance-Sheet-Information-as-50457181/