OFS Credit: Now Even Better Than CLO Peers With Increased Monthly Dividend [Seeking Alpha]
Oxford Lane Capital Corp. - Closed End Fund (OXLC)
US:NASDAQ Investor Relations:
oxfordlanecapital.com
Company Research
Source: Seeking Alpha
The fund offers a DRIP discount to entice shareholders to reinvest their monthly distributions and increase AUM. OCCI holds about 70% CLO equity and 25% CLO debt. Core NII more than covers the recently raised monthly distribution, which now offers a yield of about 18%. In my recent article explaining how the 19% yield offered by Oxford Lane Capital ( OXLC ) is easily covered by core NII , many readers commented about the perceived risk of CLOs and asked how can such performance be Recommended For You Recommended For You
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OXLC
News
- Oxford Lane Capital Q4 Earnings: Strong Cash Generation Supports Dividend Raise [Seeking Alpha]Seeking Alpha
- Oxford Lane Capital Corp. Provides April Net Asset Value Update [Yahoo! Finance]Yahoo! Finance
- Oxford Lane Capital Corp. Provides April Net Asset Value UpdateGlobeNewswire
- Oxford Lane Capital Corp. Announces Increase in Monthly Common Stock Distributions and Announces Net Asset Value and Selected Financial Results for the Fourth Fiscal QuarterGlobeNewswire
- Oxford Lane Capital Corp. Schedules Fourth Fiscal Quarter Earnings Release and Conference Call for May 14, 2024GlobeNewswire
OXLC
Sec Filings
- 5/17/24 - Form N-CSR
- 4/18/24 - Form 424B3
- 3/8/24 - Form 424B3
- OXLC's page on the SEC website