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Oxford Lane Capital Maintains Dividend Amid Steep Share Price Decline


Oxford Lane Capital Maintains Dividend Amid Steep Share Price Decline

Oxford Lane Capital proceeds with its scheduled dividend distribution today, providing income-focused investors with a payout even as the company's shares languish near their lowest levels in a year. This payment occurs against a backdrop of persistent downward pressure on the stock, which established a fresh 52-week low in mid-October.

The primary driver behind Oxford Lane Capital's challenging performance stems from its substantial exposure to Collateralized Loan Obligations (CLOs). This strategic focus, which constituted 98% of the investment portfolio at the start of the year, has proven detrimental in volatile market conditions. The company's significant concentration in this asset class has magnified its sensitivity to market fluctuations, acting as a Read more...

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