Detail akcie Oxford Lane online

Business Summary: Oxford Lane Capital Corp. (the Fund) is a closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk-adjusted total return. The Fund seeks to achieve its investment objective by investing in structured finance investments, specifically the equity and junior debt tranches of collateralized loan obligation (CLO) vehicles, which are collateralized primarily by a diverse portfolio of senior secured loans made to companies whose debt is unrated or is rated below investment grade (the Senior Loans) and, to a limited extent, subordinated and/or unsecured loans and bonds (CLO Assets). Below investment grade securities, such as the CLO securities in which the Fund primarily intends to invest, are often referred to as junk. The Fund’s investment activities are managed by Oxford Lane Management, LLC (Oxford Lane Management), which is its investment adviser.
Financial Summary: BRIEF: For the six months ended 30 September 2024, Oxford Lane Capital Corp revenues increased 34% to $194.9M. Net income decreased 43% to $65.6M. Revenues reflect Interest Income - Investment increase of 35% to $182.4M, Other Income increase from $2.4M to $5.3M, Interest income debt investments increase of 4% to $7.2M. Net income was offset by Unrealized G/L on Investment Securities decrease from $40.3M (income) to $66.9M (expense).