03-03-2022, 01:59 PM
(This post was last modified: 03-03-2022, 02:07 PM by ken-do-nim.)
I thought I'd start a thread on Oxford Lane Capital, because it has been great for me but I don't see anybody else buying it. What I do is, when I have available funds, I grab a few shares every time it dips below $7.50.
Current Yield: 11.64%, pays monthly
Last Dividend Increase: January, where it went up from $.0675 to $0.075
1 Year Performance: up 18.39%
P/E Ratio: around 2.5
Article: https://seekingalpha.com/article/4489095...e-2022-cef
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.
Current Yield: 11.64%, pays monthly
Last Dividend Increase: January, where it went up from $.0675 to $0.075
1 Year Performance: up 18.39%
P/E Ratio: around 2.5
Article: https://seekingalpha.com/article/4489095...e-2022-cef
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.