Oxford Lane Capital Corp (OXLC)
6.77
-0.30 (-4.24%)
USD |
May 12, 16:59
Price Chart
Key Stats
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| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 15.65% | 36.75% | 453.54M | 809396.7 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 13.96% | 17.56% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize its portfolios total return. The Fund seeks to achieves it investment objective by investing primarily in senior, secured loans made to companeis whose debt is unrated or rated below investment grade (Senior Loans), with an emphasis on current income. The Fund intends to initially implement its investment objective by purchasing in the secondary market the equity and junior debt tranches of collateralized loan obligation (CLO) vehicles. Structurally, CLO vehicles are entities that were formed to originate and manage a portfolio of loans. The loans within the CLO vehicle are limited to loans which meet established credit criteria and are subject to concentration limitations in order to limit a CLO vehicles exposure to a single credit. A CLO vehicle is formed by raising various classes or tranches of debt (with the most senior tranches being rated AAA to the most junior tranches typically being rated BB) and equity. The CLO vehicles which the company intends to focus on will be collateralized primarily by Senior Loans, and will generally have very little or no exposure to real estate, mortgage loans or to pools of consumer-based debt, such as credit card receivables or auto loans. It may also invest, on an opportunistic basis, in other corporate credits of a variety of types. It also expects that each of its investments will range in size from USD1 million to USD8 million, although the investment size may vary consistent with the size of its overall portfolio. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | S&P/LSTA Leveraged Loan TR |
| Prospectus Objective | Income |
| Fund Owner Firm Name | Oxford Lane Capital Corp |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Darryl Monasebian | 10.28 yrs |
| Hari Srinivasan | 10.28 yrs |
| Jonathan Cohen | 10.28 yrs |
| Saul Rosenthal | 10.28 yrs |
Net Fund Flows Versus Category
1 Month
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1 Year
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-1.495B
Category Low
3.017B
Category High
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3 Years
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6 Months
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5 Years
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YTD
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10 Years
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Date Unavailable
Performance Versus Category
As of May 11, 2021. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of May 11, 2021.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Octagon Investment Partners 40
|
9.43% | -- | -- |
|
Elevation CLO 2020-11 Ltd
|
6.62% | -- | -- |
|
Atrium Xii
|
4.08% | -- | -- |
|
Ares Xl Clo Ltd
|
3.97% | -- | -- |
|
Anchorage Capital Clo 2012-1 Ltd.
|
3.89% | -- | -- |
|
Atrium Xv Llc
|
3.88% | -- | -- |
|
Ares Xxxvii Clo
|
3.76% | -- | -- |
|
East West Invs Mgmt Clo 2019-1
|
3.49% | -- | -- |
|
Madison Pk Fdg Xxix 2018-29
|
3.44% | -- | -- |
|
Ozlm Xiv Limited
|
3.18% | -- | -- |
News
Headline
Wire
Time (ET)
Globe Newswire
05/11 08:00
Globe Newswire
05/07 14:24
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize its portfolios total return. The Fund seeks to achieves it investment objective by investing primarily in senior, secured loans made to companeis whose debt is unrated or rated below investment grade (Senior Loans), with an emphasis on current income. The Fund intends to initially implement its investment objective by purchasing in the secondary market the equity and junior debt tranches of collateralized loan obligation (CLO) vehicles. Structurally, CLO vehicles are entities that were formed to originate and manage a portfolio of loans. The loans within the CLO vehicle are limited to loans which meet established credit criteria and are subject to concentration limitations in order to limit a CLO vehicles exposure to a single credit. A CLO vehicle is formed by raising various classes or tranches of debt (with the most senior tranches being rated AAA to the most junior tranches typically being rated BB) and equity. The CLO vehicles which the company intends to focus on will be collateralized primarily by Senior Loans, and will generally have very little or no exposure to real estate, mortgage loans or to pools of consumer-based debt, such as credit card receivables or auto loans. It may also invest, on an opportunistic basis, in other corporate credits of a variety of types. It also expects that each of its investments will range in size from USD1 million to USD8 million, although the investment size may vary consistent with the size of its overall portfolio. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | S&P/LSTA Leveraged Loan TR |
| Prospectus Objective | Income |
| Fund Owner Firm Name | Oxford Lane Capital Corp |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Darryl Monasebian | 10.28 yrs |
| Hari Srinivasan | 10.28 yrs |
| Jonathan Cohen | 10.28 yrs |
| Saul Rosenthal | 10.28 yrs |
Risk Info
Fund Details
| Key Dates | |
| Inception Date | 1/20/2011 |
| Last Annual Report Date | 3/31/2020 |
| Last Prospectus Date | 12/31/2013 |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Globe Newswire
05/11 08:00
Globe Newswire
05/07 14:24