O
Oxford Lane Capital OXLC
$5.04
+0.20%
Nov 13
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6M
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Activities
Earnings release
The day the company publishes its quarterly accounts: revenue, profit, and often its outlook. The price sometimes moves sharply that day, in either direction. Over the long term, what matters is the trend of profits from one quarter to the next, not the reaction of the day.
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About Oxford Lane Capital Corp. Common Stock
Oxford Lane Capital is a closed-end fund that mainly owns the equity and junior debt of collateralized loan obligations (CLOs), which are pools of loans to below-investment-grade companies. It earns income from the cash those CLOs pay out and borrows through notes and preferred shares to invest more. It pays shareholders a monthly distribution.