Oxford Lane Capital Corp. Announces Distribution on Common Stock for the Month Ending July 31, 2022, August 31, 2022 and September 30, 2022, Payable on July 29, 2022, August 31, 2022 and September 30, 2022 Respectively
May 06, 2022 at 08:00 am
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Oxford Lane Capital Corp. announced distribution of $0.075 on common stock for the month ending July 31, 2022, August 31, 2022 and September 30, 2022, payable on July 29, 2022, August 31, 2022 and September 30, 2022 respectively with record date of July 15, 2022, August 17, 2022 and September 16, 2022 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 on Common Stock for the Month Ending July 31, 2022, August 31, 2022 and September 30, 2022, Payable on July 29, 2022, August 31, 2022 and September 30, 2022 Respectively