Oxford Lane Capital Corp. Announces Distribution for the Months Ending October 31, 2023, November 30, 2023 and December 31, 2023, Payable on October 31, 2023, November 30, 2023 and December 29, 2023 Respectively
July 31, 2023 at 08:00 am EDT
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Oxford Lane Capital Corp. announced distribution of $0.08 on common stock for the months ending October 31, 2023, November 30, 2023 and December 31, 2023, payable on October 31, 2023, November 30, 2023 and December 29, 2023 respectively with record dates of October 17, 2023, November 16, 2023 and December 15, 2023 respectively.
Oxford Lane Capital Corp. (the Fund) is a closed-end management investment company. The Fundâs investment objective is to purchasing portions of equity and junior debt tranches of collateralized loan obligation (CLO) vehicles. The Fundâs investment strategy also includes warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle. The CLO vehicles which, the Fund focus on is collateralized primarily by senior secured loans made to companies whose debt is unrated or is rated below investment grade, or Senior Loans, and generally have no exposure to real estate, mortgage loans or to pools of consumer-based debt, such as credit card receivables or auto loans. Oxford Lane Management, LLC is the investment advisor of the Fund.
Oxford Lane Capital Corp. Announces Distribution for the Months Ending October 31, 2023, November 30, 2023 and December 31, 2023, Payable on October 31, 2023, November 30, 2023 and December 29, 2023 Respectively