O

Oxford Lane Capital Corp
D

OXLCN

23.700
USD
-0.60
(-2.47%)
Market Closed
Volume
13
EPS
0
Div Yield
7.48
P/E
0
Market Cap
60,435,000
Related Instruments
News

Title: Oxford Lane Capital Corp

Sector: Financial Services
Industry: Asset Management
Oxford Lane Capital Corp is a non-diversified closed-end management investment company. The fund's investment objective is to maximize its portfolio's risk-adjusted total return over its investment horizon. Its current focus is to seek that return by investing in equity and junior tranches of CLO(collateralized loan obligation) vehicles, which are collateralized by a diverse portfolio of senior loans, and which generally have little to no exposure to real estate loans, mortgage loans or pools of consumer-based debt, such as credit card receivables or auto loans. Its investment plan also includes investing in warehouse facilities, which are financing structures intended to aggregate senior loans that may be used to form the basis of a CLO vehicle.