Loading news...
We review the CEF market valuation and performance through the first week of March and highlight recent market action. It was a tough week for CEFs due to declines in both Treasuries and stocks. CLO Equity CEFs have experienced significant pressure, with February NAVs estimated to show double-digit declines, driven by syndicated loan market weakness.
GREENWICH, Conn., March 13, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq GS: OXLC, OXLCP, OXLCL, OXLCO, OXLCZ, OXLCN, OXLCI and OXLCG) (the “Company”) today announced that it has priced an underwritten public offering of 2,400,000 shares of its newly designated 8.25% Series 2031 Term Preferred Shares (the “Preferred Stock”) at a public offering price of $25 per share, raising $60,000,000 in gross proceeds. The Company has also granted the underwriters a 30-day option to purchase up to 360,000 additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The closing of the transaction is subject to customary closing conditions, and the shares are expected to be delivered on March 20, 2026. The Company has applied to list the Preferred Stock on the NASDAQ Global Select Market and expects trading to commence thereon within 30 days after March 20, 2026.
GREENWICH, Conn., March 12, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (the “Company”) (Nasdaq GS: OXLC, OXLCP, OXLCL, OXLCO, OXLCZ, OXLCN, OXLCI and OXLCG) today announced that it plans to offer shares of its newly designated Series 2031 Term Preferred Shares (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any.
Scott Kaufman from The Dividend Kings explains the large rotation from growth focused investments to being overwhelmingly focused on value. Strict valuation discipline, exiting quality names like Enbridge (ENB) when total return outlooks turn negative due to overvaluation.
GREENWICH, Conn., March 10, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI) (NasdaqGS: OXLCG) (the “Company,” “we,” or “our”) today announced the following net asset value (“NAV”) estimate as of February 28, 2026.
"Winning" for the retiree or the durable income investor is about achieving great and durable income compounding results without too much stress. However, to have the right to win, we have to earn it. The way we can do that is by tilting our investments towards tangible yields that are underpinned by robust fundamentals and even some income growth potential.
We review the CEF market valuation and performance through the third week of February and highlight recent market action. CEF sector NAVs were stable, with price action mainly driven by tightening discounts. CLO Equity CEF OXLC experienced a 12% NAV drop in January, pressured by tighter loan spreads and sector-specific credit issues.
High Dividend Opportunities targets an 8–10% portfolio yield, prioritizing sustainable cashflow to replace income in retirement without selling shares. Will Barton shares why they emphasize diversification, favoring CEFs and preferreds, and adapting allocations based on macro conditions, with a current focus on tangible assets like real estate and energy.
Oxford Lane Capital is rated as a buy despite persistent NAV and dividend declines. OXLC's high yield and discounted valuation underpin the investment thesis, with income prioritized over capital appreciation. Risks include ongoing NAV erosion and dividend sustainability, but current pricing reflects these concerns.
Ultra-high-yield strategies (e.g., CLO equity, aggressive call option funds) risk capital destruction and income instability. Yet, conservative blue-chip income portfolios often yield too little (3-4%) to meet robust income goals or outpace inflation. My approach is to strike a balance between these two worlds.
Insights from Paul Singer (Trades, Portfolio)'s Latest 13F Filing Paul Singer (Trades, Portfolio) recently submitted the 13F filing for the fourth quarter of 2
Eagle Point Credit Company faces ongoing NAV deterioration, with shares dropping to $4.00 and significant downside risk persisting. ECC's net investment income (NII) is not a reliable indicator of total return, as NAV erosion outweighs yield appeal. We look at the distribution cut this morning as income investors feel the sting.
The broader market indexes started off 2026 on a solid note, though they underperformed micro-, small-, and mid-cap stocks. The energy sector started off with a surge for the year, but the financial services and technology sectors were starting off 2026 on the soft side. Every month, I put some capital to work in my closed-end fund portfolio to help compound my cash flow.
Oxford Lane Capital is shifting its priority toward a "stable or growing NAV" by retaining more cash flow. Retained Capital: The new $0.20 monthly distribution allows the fund to keep roughly 40% of its core earnings. Secondary Market Advantage: Management intends to use retained liquidity to acquire CLO equity at significant discounts.
Oxford Lane Capital and Eagle Point Credit Company dominate the high-yield CEF CLO sector, attracting significant income investor interest. Chasing unsustainably high dividend yields, such as 30%, is illusory. Real-world numbers and risks must be considered over seductive headline yields. Oxford Lane Capital and Eagle Point Credit Company face scrutiny on total return, operating expenses, leverage, dividend sustainability, and recent market reactions to dividend cuts.
Oxford Lane Capital Corp. (NASDAQ: OXLC - Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,517,764 shares, a growth of 43.2% from the December 31st total of 1,060,198 shares. Based on an average trading volume of 1,194,410
Oxford Lane Capital (NASDAQ: OXLC) reported third fiscal quarter results that reflected lower income, a sharp decline in net asset value, and sizable unrealized depreciation tied to broader market conditions affecting CLOs and leveraged loans. Management also announced a reduction in the monthly common distribution, citing a desire to retain additional capital for investment opportunities and
Oxford Lane Capital Corporation slashed its monthly distribution by 50%. OXLC's NAV plunged 19.2% in one quarter and 36% year-over-year, highlighting severe capital erosion and undermining the fund's long-term viability. Despite trading at a 20% discount to NAV, OXLC's total returns have been anemic, with high expenses and incentive fees eroding shareholder value.
Oxford Lane Capital Corporation (OXLC) Q3 2026 Earnings Call Transcript
GREENWICH, Conn., Jan. 30, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI) (NasdaqGS: OXLCG) (“Oxford Lane,” the “Company,” “we,” “us” or “our”) announced today the following financial results and related information: