Oxford Lane Capital Corp. Declares Dividend for the Months Ending January 31, February 29, and March 31, 2024, Payable on January 31, 2024, February 29, 2024 and March 29, 2024 Respectively
October 27, 2023 at 05:30 pm IST
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Oxford Lane Capital Corp. announced distribution of $0.08 on common stock for the months ending January 31, 2024, February 29, 2024 and March 31, 2024, payable on January 31, 2024, February 29, 2024 and March 29, 2024 respectively with record dates of January 17, 2024, February 15, 2024 and March 15, 2024 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. Declares Dividend for the Months Ending January 31, February 29, and March 31, 2024, Payable on January 31, 2024, February 29, 2024 and March 29, 2024 Respectively