Oxford Lane Capital Corp. 6.00% Series 2029 Term Preferred Shares (OXLCO)
NASDAQ (NGS) NASDAQ (NGS) Primary 
Oxford Lane Capital: Why I Think This Is A Yield Trap
Oxford Lane Capital has outperformed the S&P 500 by +1.94% since my last 'Sell' view on this closed-ended fund in February 2024. But I am retaining my stance. Distributions continue to be funded by capital raises instead of operational cash flow. I don't see how this is sustainable long term. Oxford Lane Capital investments' fair value is below cost, which means the sale of investments would also lead to a loss. This does not help recoup negative operating cash flows.
Oxford Lane Capital Corporation (OXLC) Q1 2025 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 9:17 AM ET Oxford Lane Capital Corporation (NASDAQ:OXLC ) Q1 2025 Earnings Conference Call July 26, 2024, 09:00 AM ET Company Participants Jonathan Cohen - CEO Bruce Rubin - CFO Saul Rosenthal - President Joe Kupka - Managing Director Conference Call Participants Mickey Schleien - Ladenburg Erik Zwick - Lucid Capital Markets Operator Hello all, and welcome to Oxford Lane Capital Corp's First Fiscal Quarter Earnings Call. My name is Lydia, and I will be your operator today.
Oxford Lane Capital: Locking In An 8%+ Yield With Preferred Shares
Investing in CLO Equity can be risky, but offers high returns. Oxford Lane Capital's balance sheet shows reasonable leverage and strong coverage ratios for debt and preferred equity securities. The 7.125% 2029 term preferred stock from Oxford Lane Capital offers an 8.1% yield to maturity, including the potential capital gains.
Oxford Lane: 20% Yield Comes At A High Price
Oxford Lane Capital Corporation offers a 20% dividend yield, but investors should not buy solely due to a high yield. The fund invests in CLOs, which have historically performed well, but Oxford Lane Capital's heavy allocation to equity tranches increases risk. Despite the high dividend yield, Oxford Lane Capital has experienced significant net asset value declines and sub-par total returns over the past decade.
