OXLC Stock Recent News

We review the CEF market valuation and performance through the last week of March and highlight recent market action. Oxford Lane Capital Corp. authorized a $150m share repurchase program to potentially support its price. Nuveen proposed merging preferreds CEFs JPC and JPI, continuing its trend of consolidating term funds into perpetual CEFs.

The Oxford Lane Capital stock price has moved into a bull market after surging by over 20% from its lowest level this year. OXLC has soared to $4.8 and is hovering at its highest level since March 11.

We tracked six new preferred stock and exchange traded debt offerings with yields from 6.15% to 10%, highlighting their CDx3 Compliance Scores. Oxford Lane Capital Corp.'s new exchange notes (OXLCG) achieved a perfect CDx3 Compliance Score, offering a 7.95% fixed coupon and a BBB+ rating. Preferred stock IPOs often trade temporarily on the OTC, allowing investors to buy shares at wholesale prices before they move to retail exchanges.

Dip is tasty; it makes the chips even better. I love dips in the market even better, as they help to grow my income. Stop letting fear govern your portfolio; be informed and brave. You can massively boost your income with a small capital investment.

CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions.

OXLC's recent "at-the-market" stock offering raised over $500 million, increasing outstanding shares by 29%, affecting stock dynamics and presenting a shorting opportunity. Extraordinary trading volume in Oxford Lane Capital Corp. (OXLC) presented a profitable trading opportunity, particularly through its 8.75% Notes due 06/30/2030. OXLCI, with an 8.39% yield-to-call, and 8.6% yield-to-maturity is currently the most appealing OXLC-issued security.

Predicting market outcomes is challenging; my recommendations are based on historical data and probabilities rather than certainties. I reviewed my 2025 picks: 67% of Buy ratings and 78% of Hold ratings delivered positive alpha, outperforming many experts. Midstream energy and covered call income funds have shown strong performance, while recent market corrections impacted some picks.

Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred offerings from CLO CEFs provide safer, more stable income, balancing risk-reward when it comes to seeking income. We have new offerings in the space since our last update, leading to greater diversification potential and increasing the viability of setting up a ladder of maturities.

GREENWICH, Conn., March 11, 2025 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI) (NasdaqGS: OXLCG) (the “Company”) today announced the following net asset value (“NAV”) estimate as of February 28, 2025.

Closed-end funds are ideal for investors prioritizing steady cash income over capital gains, benefiting from buying at discounts and institutional leverage terms. Distribution "coverage" is critical. But it can be complicated trying to determine what is actually sufficient versus insufficient coverage.