OXLC
Oxford Lane Capital Corp. · Financial Services
9.71
0.82%(-0.08)
Market OpenLast Updated: — ET
52W L: $8.0152W H: $24.90
$9.68
CHG+1.27 (+15.10%)
H$10.14
L$8.01
VOL31M
OXLC (1h)
Oxford Lane Capital Corp. · Financial Services
OXLC's business model shifts credit risk to shareholders, distributing all earnings and recording capital losses as NAV/share declines. Returns are positively correlated with price/NAV discounts, favoring buy-and-hold entry at deep discounts. The 2032 7.9% Notes now trade below redemption, offering fixed-income investors a cleaner, lower-risk exit.
The higher yields we choose, the more risks we introduce in our portfolios. Usually, the double-digit level is the tipping point from which the risks start to increase exponentially. The 14%+ yielding zone is very dangerous (packed with many landmines and only few areas of safety).
GREENWICH, Conn., April 01, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC, OXLCP, OXLCL, OXLCO, OXLCZ, OXLCN, OXLCI, OXLCG and OXLCM) (the “Company,” “we,” “us” or “our”) announced today that its Board of Directors has declared the required monthly dividends on its 8.25% Series 2031 Term Preferred Shares as follows: Month Ending Record Date Payment Date Amount Per Share April 30, 2026 April 16, 2026 April 30, 2026 $0.240625 May 31, 2026 May 15, 2026 May 29, 2026 $0.171875 (1) Includes the initial accrual period commencing March 20, 2026, the date the 8.25% Series 2031 Term Preferred Shares were issued.
Oxford Lane Capital recently issued the 8.25% Term Preferred Series 2031, now trading below par with a YTM of 9.04%. OXLC's NAV per share has declined 50% year-over-year, driven by over-distribution and portfolio devaluation, raising significant credit risk concerns. The NAV drop, dividend cuts, and a reverse split led to OXLC trading at a discount, eliminating the prior hedging advantage for fixed-income investors.
Allworth Financial LP reduced its position in shares of Oxford Lane Capital Corp. (NASDAQ: OXLC) by 80.0% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,068 shares of the investment management company's stock after selling 76,141 shares during the
Closed-end funds faced a challenging week, with NAVs mostly lower and discounts reverting to historical averages. CLO equity CEFs like OXLC, ECC, and EIC experienced significant NAV declines due to falling loan prices and sector-specific pressures. FS Specialty Lending Fund now mirrors FSCO's portfolio but trades at a wider discount due to its legacy underperformance; convergence is expected over time.
ROSENTHAL SAUL B
director, officer: President
2,960,000 SH @ $5.08
2024-12-17
COHEN JONATHAN H
director, officer: Chief Executive Officer
2,960,000 SH @ $5.08
2024-12-17
ROSENTHAL SAUL B
director, officer: President
2,315,000 SH @ $5.40
2024-05-28
ROSENTHAL SAUL B
director, officer: President
2,315,000 SH @ $5.40
2024-05-28
COHEN JONATHAN H
director, officer: Chief Executive Officer
4,630,000 SH @ $5.40
2024-05-28
Ashenfelter Mark Jeffrey
director
6,000 SH @ $5.18
2023-03-10
Wilton Reassurance Co
10 percent owner
9,675 SH @ $26.30
2021-07-14
Wilton Reassurance Co
10 percent owner
431,225 SH @ $26.20
2021-07-13