Oxford Lane Capital Faces Investor Exodus Amid Structural Concerns

Shares of Oxford Lane Capital Corp. (OXLC) are experiencing significant selling pressure following critical analysis of the closed-end fund’s operational framework. A prominent market research report released last Saturday highlighted fundamental structural issues, alleging the fund’s business model disadvantages common shareholders through excessive fees and net asset value erosion, while providing preferential treatment to baby bonds and preferred equity holders.

The criticism arrives during an already challenging market period for the fund. OXLC came under pressure after its quarterly earnings release in early November. While the fund reported GAAP net investment income of approximately $81.35 million, these earnings proved insufficient to fully offset both realized and unrealized losses within Read more...