Oxford Lane Capital Corp.

(OXLC) Trade

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Profile

The Fund seeks to maximize its portfolios total return. The Fund seeks to achieves it investment objective by investing primarily in senior, secured loans made to companeis whose debt is unrated or rated below investment grade (Senior Loans), with an emphasis on current income. The Fund intends to initially implement its investment objective by purchasing in the secondary market the equity and junior debt tranches of collateralized loan obligation (CLO) vehicles. Structurally, CLO vehicles are entities that were formed to originate and manage a portfolio of loans. The loans within the CLO vehicle are limited to loans which meet established credit criteria and are subject to concentration limitations in order to limit a CLO vehicles exposure to a single credit. A CLO vehicle is formed by raising various classes or tranches of debt (with the most senior tranches being rated AAA to the most junior tranches typically being rated BB) and equity. The CLO vehicles which the company intends to focus on will be collateralized primarily by Senior Loans, and will generally have very little or no exposure to real estate, mortgage loans or to pools of consumer-based debt, such as credit card receivables or auto loans. It may also invest, on an opportunistic basis, in other corporate credits of a variety of types. It also expects that each of its investments will range in size from USD1 million to USD8 million, although the investment size may vary consistent with the size of its overall portfolio.

Contact Information

Website: www.oxfordlanecapital.com
Main Phone: +1 203 983-5275
Address: 8 Sound Shore Drive
Address 2: Suite 255
State: CT
City / Town: Greenwich
Country: United States
Postal Code: 06830

Issuer Information

Exchange: NGS
CEO: Jonathan H. Cohen
NAICS: Investment Advice (523930)
$ 10.69 $ -0.05 (-0.47%)
Last Price 10.69 Change $ -0.05 Change % -0.47 Tick N/A
Bid 10.68 Bid Size 200.00 Ask 10.75 Ask Size 100.00
Open 10.74 High 10.75 Low 10.68 Prev Close 10.74
Last Trade Volume 243,564 52 Wk Hi 11.74 52 Wk Low 9.11
Market Cap 345.1 mi Ex-Div Date Div Rate 1.62 Yield 15.1540
Shares 32,284,373.00 EPS (TTM) 1.49 PE Ratio N/A Exchange NGS
  Last 3 Mo Last 12 Mo
Number of Insider Trades 0 0
Number of Buys 0 0
Number of Sells 0 0
Net Activity 0 0
Last 10 Buys Shares
Mark J. Ashenfelter 1,000
Last 10 Sell Shares
N/A 0
  Current 1 Week Ago 2 Weeks Ago 3 Weeks Ago
High Target Price Estimate 11.5 11.5 11.5 11.5
Low Target Price Estimate 11.5 11.5 11.5 11.5
Mean Target Price Estimate 11.5 11.5 11.5 11.5
Standard Deviation 0 0 0 0
Date of Most Recent Estimate 05/24/18 05/24/18 05/24/18 05/24/18
  Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 1 1 1 1
Moderate Buy 0 0 0 0
Hold 0 0 0 0
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1 1 1 1