Oxford Lane Capital Q3 Earnings Call Highlights

Oxford Lane Capital logo Oxford Lane Capital (NASDAQ:OXLC) reported third fiscal quarter results that reflected lower income, a sharp decline in net asset value, and sizable unrealized depreciation tied to broader market conditions affecting CLOs and leveraged loans. Management also announced a reduction in the monthly common distribution, citing a desire to retain additional capital for investment opportunities and to support net asset value over time. Quarterly results and portfolio marks CEO Jonatha ...