Oxford Lane Capital Corp:OXLC

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    Overview

    As of 4/11/2024. NAV as of 1/31/2024.

     Share
    Price
    NAVPremium/
    Discount
    Current$5.11$4.976.24%
    52 Wk Avg$5.07$4.659.24%
    52 Wk High$5.70$4.9733.10%
    52 Wk Low$4.41$4.25-5.71%
    Regular Distribution TypeIncome Only
    Distribution Rate18.79%
    Distribution Amount$0.0800
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to maximize its portfolio’s risk adjusted total return, and it currently seeks to achieve its investment objective by investing in structured finance investments, specifically the equity and junior debt tranches of collateralized loan obligation (“CLO”) vehicles, which are collateralized primarily by a diverse portfolio of senior secured loans made to companies whose debt is unrated or is rated below investment grade.

    Capital Structure

    As of 4/11/2024

    Total Investment Exposure:$1,474.460M
    Total Common Assets:$997.611M
    Common Shares Outstanding:207,403,448
    Leverage

    As of 4/11/2024

    Preferred Share Assets: $281.769M
    Total Debt (USD): $195.080M
    Regulatory Leverage (USD): $476.850M
    Effective Leverage (USD): $476.850M
    Effective Leverage (%): 32.34%
    Annual Expense Ratios

    As of 3/31/2024

      Per Common Share
    Management Fees3.15%
    Other Expenses:6.08%
    Baseline Expense: N/A
    Interest Expense:3.91%
    Total: 13.14%
    Fund Management

    Fund Sponsor
    Oxford Lane Capital Corp

    Portfolio Managers
    Kevin P Yonon

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: OXLC
    NAV Ticker: OXLCX
    Average Daily Volume (shares): 1,707,841
    Average Daily Volume (USD): $8.667M
    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 4/11/2024

    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 9/30/2023
    $0.4187
    Annualized Distribution Rate on NAV:
    As of 4/11/2024
    19.96%
    Total Return on NAV (12 months):
    As of 4/11/2024
    27.85%
    Avg. Portfolio Coupon:
    As of 4/11/2024
    13.22%
    Total % Portfolio Effectively Leveraged:
    As of 4/11/2024
    32.34%

    Pricing Information

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

    As of 4/12/2024

    PeriodAvg Discount
    6 Month5.29%
    1 Year9.24%
    3 Year11.44%
    5 Year17.69%
    Z-Score

    As of 4/11/2024

    PeriodZStat
    3 Month0.14
    6 Month0.41
    1 Year-0.49
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/31/2024
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD8.01%4.85%6.36%2.66%
    202317.58%27.25%18.44%14.27%
    2022-23.65%-21.83%-14.61%-6.12%
    202160.88%45.58%20.67%7.70%
    2020-14.05%7.80%0.14%1.12%
    2019-0.06%12.23%18.13%8.70%
    201813.59%-10.99%-7.68%-1.95%
    201714.07%11.48%3.80%5.83%
    201636.68%78.11%24.86%18.27%
    2015-19.31%-30.53%-3.65%-4.65%
    20142.10%-1.77%-2.59%1.36%
    201329.36%9.94%3.18%9.08%
    201233.48%32.93%23.78%15.96%
    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 3/31/2024
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 1/31/2024
    13.22%
    Number of Holdings:
    As of 6/30/2022
    231
    Annual Portfolio Turnover:
    As of 3/31/2024
    16.51%
    Asset Allocation

    As of 6/30/2022

    Top Sectors

    As of 6/30/2022

    Sector%Portfolio
    Securitized (Super Sector)139.22%
    Asset Backed139.22%
    Cash Equivalents7.85%
    Cash Equivalents (Super Sector)7.85%
    Corporate (Super Sector)2.92%
    Corporate Bond2.89%
    Preferred Stock0.03%
    Top Holdings

    As of 6/30/2022

    HoldingValue% Portfolio
    Milford Pk Clo$28.91M3.80%
    Rockford Tower Clo 2022-1$27.76M3.65%
    Carlyle Us Clo 2021-8$27.65M3.64%
    Bighorn6 Warehouse Equity$25.78M3.39%
    KINGS PARK CLO LTD$25.66M3.38%
    Nykpk 2021-1A Sub 10/20/2034$24.30M3.20%
    OCTAGON 57 LTD$21.39M2.81%
    ANCHORAGE CAPITAL CLO 17 LTD$20.86M2.74%
    WIND RIVER CLO LTD$20.57M2.71%
    Other Liability$-491.08M-64.60%
    Credit Quality

    As of 6/30/2022

    Maturity Breakdown

    As of 6/30/2022

    Country Allocation

    As of 6/30/2022

    Country% Portfolio
    United States - Fixed Income71.64%
    Others - Fixed Income53.90%
    Ireland - Fixed Income13.07%
    United States - Equity10.06%
    United Kingdom - Fixed Income2.50%
    Others - Equity1.91%
    China - Fixed Income0.75%
    Canada - Fixed Income0.24%
    Invalid Country - Fixed Income0.00%

    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.

    E-2949862P-E0623W