Oxford Lane Capital Corp (NAS:OXLCM.PFD)

Q4 2026 Oxford Lane Capital Corp Earnings Call Transcript

May 19, 2026 / 01:00PM GMT

Release Date Price: $25.26 (-0.20%)

Transcript

Key Points

Positve

Oxford Lane Capital Corp (OXLC) declared monthly common stock distributions of USD0.20 per share for July, August, and September 2026.
The company recorded GAAP net investment income of approximately USD54.5 million or USD0.56 per share for the quarter ended March.
Oxford Lane Capital Corp (OXLC) maintained a weighted average effective yield of 11.7% on its CLO equity investments.
The company actively traded over USD75 million in CLO equity and CLO warehouses during the quarter.
Liquidity in the secondary market has improved, with tighter bid-ask spreads and increased trading activity.

Negative

Net asset value per share decreased from USD15.51 to USD10.56 as of March 31, 2026.
GAAP total investment income decreased by approximately USD23.8 million from the prior quarter.
The company recorded net unrealized depreciation on investments of approximately USD381.4 million.
The weighted average cash distribution yield of CLO equity investments decreased from 19% to 16.7%.
CLO new issuance for the quarter decreased by approximately USD8 billion compared to the previous quarter.

Operator

Hi, and thank you for standing by. This is Roy, and I will be your conference operator today. And at this time, I would like to welcome everyone to the Oxford Lane Capital Corp announces net asset value and selected financial results for the fourth fiscal quarter 2026. (Operator Instructions)

I would now like to turn the call over back to Jonathan Cohen. You may now begin.

Jonathan Cohen

Oxford Lane Capital Corp - Chief Executive Officer, Director

Good morning, and welcome to the Oxford Lane Capital Corp fourth fiscal quarter 2026 earnings conference call. I'm joined today by Saul Rosenthal, our President; Bruce Rubin, our Chief Financial Officer; and Joe Kupka, Managing Director. Bruce, could you open the call with a disclosure regarding forward-looking statements?

Bruce Rubin

Oxford Lane Capital Corp - Chief Financial Officer and Company Secretary, Treasurer and Controller

Sure, Jonathan. Today's conference call is being recorded. An audio replay of the call will be available for 30 days. Replay

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.