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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

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-1.495B Category Low
3.017B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
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As of May 11, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2014
2015
2016
2017
2018
2019
2020
YTD
0.48%
-19.63%
34.98%
13.16%
12.87%
-0.91%
-14.83%
36.36%
5.97%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-2.72%
-1.47%
-1.95%
23.08%
-0.18%
-4.02%
14.05%
2.74%
9.78%
0.63%
0.75%
27.96%
-4.14%
-5.58%
10.61%
-0.07%
6.93%
--
-7.47%
17.30%
28.36%
-13.69%
18.85%
-20.78%
28.70%
-2.77%
3.11%
19.39%
3.90%
-12.28%
18.97%
-0.84%
10.27%
As of May 11, 2021.

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 Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

As of September 30, 2020.
Type % Net % Long % Short
Cash 8.77% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 153.7% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.57% Upgrade Upgrade
Other -63.07% Upgrade Upgrade

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% -- --

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

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 Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No