Oxford Lane Capital Corp:OXLC

    Manage Alerts

    Overview

    As of 9/20/2019. NAV as of 6/28/2019.

     Share
    Price
    NAVPremium/
    Discount
    Current$9.68$8.0120.85%
    52 Wk Avg$10.20$8.4629.61%
    52 Wk High$11.00$9.9356.74%
    52 Wk Low$8.21$6.753.07%
    Regular Distribution TypeIncome Only
    Distribution Rate16.74%
    Distribution Amount$0.1350
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to maximize its portfolios total return through investment in senior, secured loans made to companies whose debt is unrated or is rated below investment grade.

    Capital Structure

    As of 9/20/2019

    Total Net Assets:$343.423M
    Total Common Assets:$191.741M
    Common Shares Outstanding:25,212,440
    Leverage

    As of 3/31/2018

    Preferred Share Assets: $152.000M
    Type of Preferred: Mandatory Redemption Preferred share
    Total Debt (USD):
    Structural Leverage (USD): $152.000M
    Structural Leverage (%): 37.38%
    Effective Leverage (USD): $152.000M
    Effective Leverage (%): 37.38%
    Annual Expense Ratios

    As of 3/31/2019

      Per Common Share
    Management Fees4.04%
    Other Expenses:0.87%
    Baseline Expense: 4.91%
    Interest Expense:5.75%
    Total: 10.66%
    Fund Management

    Fund Sponsor
    Oxford Lane Capital

    Portfolio Managers
    Darryl M. Monasebian (20 Jan 2011) / Hari Srinivasan (20 Jan 2011)

    Basics
    Category: Taxable Income-Senior Loan
    Ticker: OXLC
    NAV Ticker: OXLCX
    Average Daily Volume (shares): 462,000
    Average Daily Volume (USD): $4.705M
    Inception Date: 1/20/2011
    Inception Share Price: $20.00
    Inception NAV: $18.60
    Tender Offer: No
    Term: No
    Fiscal Year End: March 31
    Third Party Links & Reports

    Distributions

    As of 9/20/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 3/31/2019
    $0.1698
    Annualized Distribution Rate on NAV:
    As of 9/20/2019
    20.22%
    Total Return on NAV (12 months):
    As of 9/20/2019
    -16.31%
    Avg. UNII Per Share:
    As of 9/30/2018
    -$0.5008
    Total % Portfolio Effectively Leveraged:
    As of 9/20/2019
    37.38%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/20/2019

    PeriodAvg Discount
    6 Month36.64%
    1 Year29.61%
    3 Year12.60%
    5 Year10.39%
    Z-Score

    As of 9/20/2019

    PeriodZStat
    3 Month-1.00
    6 Month-1.50
    1 Year-0.70
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/20/2019
    Category: Senior Loan Funds Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD17.30%4.76%12.10%7.87%
    201814.18%-10.86%-7.75%-1.00%
    201713.83%11.22%2.93%5.62%
    201637.54%72.58%23.49%15.45%
    2015-18.20%-29.30%-3.45%-3.29%
    20142.61%-3.94%-1.40%3.02%
    201329.01%9.62%5.10%11.78%
    201233.02%31.67%23.83%14.50%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/20/2019
    Category: Senior Loan Funds Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2019
    109
    Annual Portfolio Turnover:
    As of 3/31/2019
    65.00%
    Asset Allocation

    As of 12/31/2017 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2017 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Collateralised Ln 91.10%
    Net Current Assets 5.55%
    Debt - Collateralised Dbt3.35%
    Top Holdings

    As of 9/30/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Madison Park Funding Xxx, Ltd. Clo Subor 15.07 15 Apr 2029$21.47M5.32%
    Midocean Credit Clo Vi Clo Income Notes, 11.45 20 Jan 2029$18.77M4.65%
    Madison Park Funding Xxix, Ltd. Clo Subo 13.96 10 Mar 2020$18.00M4.46%
    Venture 33 Clo, Limited Clo Subordinated 19.19 15 Jul 2031$17.05M4.23%
    Ofsi Fund Vii, Ltd. Clo Subordinated Not 5.13 18 Oct 2026$15.86M3.93%
    Venture Xxi Clo, Limited Clo Subordinate 18.58 15 Jul 2027$15.50M3.84%
    Shackleton 2013-Iv-R Clo, Ltd. Clo Subor 20.24 13 Apr 2031$14.60M3.62%
    Madison Park Funding Xxix, Ltd. Clo Subo 15.67 18 Oct 2030$14.41M3.57%
    Thl Credit Wind River 2014-3 Clo Ltd. Cl 20.06 22 Oct 2031$13.75M3.41%
    Battalion Clo Vii Ltd. Clo Subordinated 8.80 17 Jul 2028$12.91M3.20%
    Tralee Clo Iv, Ltd. Clo Subordinated Not 18.86 20 Jan 2030$11.94M2.96%
    Country Allocation

    As of 3/31/2017 reported by Fund Sponsor

    Country% Portfolio
    USA 100.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-854124PR-E