Oxford Lane Capital Corp. Releases October NAV Insights

Oxford Lane Capital Corp. Reports October Net Asset Value

Greenwich, Conn. — Oxford Lane Capital Corp. (NASDAQ: OXLC), a leading investment firm, has shared its unaudited estimate for the net asset value (NAV) per share as of the end of October. This update is crucial for investors looking to gauge the company's financial health amidst market fluctuations.

Estimated NAV Per Share Details

The management's estimate for the range of NAV per share of the common stock stands between $4.82 and $4.92. It’s important to note that this figure is preliminary and does not encompass all financial metrics for the month. The NAV was not finalized following the Company’s standard quarter-end procedures, nor has it received board approval at this point.

Outstanding Shares Information

As of October 31, the Company had around 345.9 million shares of common stock issued and active in the market. This number is essential for investors monitoring share performance and potential volatility.

Impacts on Portfolio Valuation

The fair value of Oxford Lane Capital's portfolio investments could see significant fluctuations post-October due to various unknown circumstances and market conditions. Such volatility could have far-reaching effects on net investment income, overall financial health, and the value of portfolio investments.

Understanding Investment Risks

Investing in the Company’s securities carries inherent risks that savvy investors should carefully evaluate. For a comprehensive overview of these risks, investors are encouraged to refer to the “Risk Factors” section in the prospectus and similar reports. By understanding these potential pitfalls, investors can make more informed decisions regarding their investment strategies.

Company Background

Oxford Lane Capital Corp. identifies as a publicly traded registered closed-end management investment company that primarily invests in the debt and equity tranches of Collateralized Loan Obligations (CLOs). Additionally, its investment strategy may involve warehouse facilities, designed for loan aggregation which supports the foundation of CLO vehicles.

Conclusion and Future Outlook

The preliminary financial figures released are the responsibility of Oxford Lane Capital’s management and have yet to be audited by external firms. PricewaterhouseCoopers LLP has not engaged in any auditing or verification processes for these early projections, thus refraining from offering any formal assurance regarding their accuracy.

As the market continues to evolve, Oxford Lane Capital Corp. remains committed to transparency and providing its investors with the most accurate information available to aid in their decision-making processes.

Contact Information:
Bruce Rubin
203-983-5280

Frequently Asked Questions

What is the net asset value (NAV) range for October?

The NAV per share estimate for October ranges between $4.82 and $4.92.

How many shares of common stock are outstanding?

As of October 31, the Company had approximately 345.9 million shares of common stock issued and outstanding.

What kind of investments does Oxford Lane Capital focus on?

Oxford Lane Capital primarily invests in debt and equity tranches of CLO vehicles and may also invest in warehouse facilities.

Who is responsible for the preliminary financial data?

The preliminary financial data is prepared by the management of Oxford Lane Capital Corp.

What should investors be aware of regarding their investments?

Investors should be aware of the significant risks associated with investing in the Company's securities, as detailed in its prospectus and annual reports.

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