Oxford Lane Capital Is In A Slump With No Signs Of Recovery [Seeking Alpha]
Oxford Lane Capital Corp. - Closed End Fund (OXLC)
US:NASDAQ Investor Relations:
oxfordlanecapital.com
Company Research
Source: Seeking Alpha
However, on a total shareholder return basis, I think it's poised to underperform: The company has been generating negative operating cash flows far in excess of its available cash and equivalent balances. This has forced it to raise funds, leading to a dilution of stakeholders. CLO warehouse investments are a leading indicator of future CLO issuances and investment activity. This has fallen sharply in recent quarters. OXLC's return profiles have shrunk as the fair value of its investments is underwater; 20% below cost value. Hence, NAVs have also shrunk. OXLC trades at a small premium to NAV. Given the weaker operational health, this reduces the margin of safety for buys. Technical analysis also indicates bearishness vs S&P500. Thesis Oxford Lane Capital ( NASDAQ: OXLC ) is a closed-ended fund that invests in collateralized loan obligations (CLOs). With an forward dividend yield, it seems attractive to many income investors. However, from a total shareholder return pers
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OXLC
News
- Oxford Lane Capital Corp. Provides Preliminary Estimates and Financial Highlights for the Fourth Fiscal Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Oxford Lane Capital Corp. Provides Preliminary Estimates and Financial Highlights for the Fourth Fiscal Quarter 2024GlobeNewswire
- Don't Be An April Fool - Buy These Income Investments [Seeking Alpha]Seeking Alpha
- Important For Your Retirement: How To Build Your Own Bond Ladder [Seeking Alpha]Seeking Alpha
- Oxford Lane Capital Corp. Provides February Net Asset Value Update [Yahoo! Finance]Yahoo! Finance
OXLC
Sec Filings
- 4/18/24 - Form 424B3
- 3/8/24 - Form 424B3
- 2/13/24 - Form SC
- OXLC's page on the SEC website