OXLC

Financial Services

Oxford Lane Capital Corp. · Asset Management · $940M

UQS Score — Balanced Preset
57.8
Good

Oxford Lane Capital Corp. scores 57.8/100 using the Balanced preset.

UQS vs Financial Services Sector
OXLC
57.8
Sector avg
39.7
Quality
Neutral
Moat
Weak
Growth
Good
Risk
Strong
Valuation
Attractive

What is Oxford Lane Capital Corp.?

Oxford Lane Capital Corp. is a closed-end fund focused on the structured credit market, specifically collateralized loan obligations. Managed by Oxford Lane Management LLC, it targets income-oriented investors seeking exposure to below-investment-grade corporate lending.

The fund generates income by investing in securitization vehicles — primarily CLO equity and debt tranches — that hold senior secured loans made to companies with below-investment-grade or unrated debt. Rather than lending directly, Oxford Lane gains exposure through these structured vehicles, collecting distributions that flow from the underlying loan pools. This approach concentrates the portfolio in credit risk tied to leveraged lending markets, making the fund's income sensitive to credit cycles and default rates.

Oxford Lane Capital was formed in 2010 and is headquartered in Greenwich, United States.

  • CLO equity and debt tranche investments
  • Exposure to senior secured leveraged loans
  • Regular income distributions to shareholders
  • Closed-end fund structure with exchange-listed shares

Is OXLC a Good Stock to Buy?

UQS Score rates OXLC as Good overall, reflecting a mixed but income-oriented profile.

The Risk pillar comes in Strong, suggesting the fund's current positioning carries manageable downside relative to its credit-heavy mandate. The Valuation pillar is rated Attractive, meaning shares appear reasonably priced relative to underlying assets. Growth is rated Good, pointing to a constructive near-term income trajectory.

The Moat pillar is rated Weak — closed-end CLO funds face meaningful competition and lack durable structural advantages. Quality is Neutral, reflecting the inherent complexity and credit sensitivity of the underlying portfolio.

See the full pillar breakdown and detailed financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does OXLC pay dividends?

Yes — Oxford Lane Capital Corp. pays a dividend.

Oxford Lane Capital pays a regular dividend, which is central to its investment thesis as a closed-end income fund. Distributions are funded by the cash flows generated from CLO tranches in the portfolio. Investors drawn to OXLC typically prioritize current income over capital appreciation. The dividend level can fluctuate with credit market conditions and CLO distribution rates.

When does OXLC report earnings?

Oxford Lane Capital reports financial results on a quarterly cadence, consistent with US-listed closed-end funds.

Quarterly results for OXLC reflect changes in net asset value, CLO distribution income, and realized or unrealized gains and losses on the structured credit portfolio. Performance tends to track broader leveraged loan market conditions rather than any single corporate earnings driver.

For the most recent quarter's results, visit Oxford Lane Capital's investor relations page directly.

OXLC Price History

-23.2% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Oxford Lane Capital Corp.?

$
Today it would be worth
$8,372
That's a -16.3% total return, or -3.5% annualized.

Based on Oxford Lane Capital Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

OXLC Long-term Outlook

Oxford Lane's Growth pillar rating of Good suggests a constructive near-term income outlook, supported by the current leveraged lending environment. The Strong Risk rating indicates the portfolio is not positioned at an extreme of credit exposure for its category. However, the Weak Moat rating is a reminder that CLO fund economics are vulnerable to spread compression and rising defaults. The Attractive Valuation label may offer a margin of safety for income-focused investors willing to accept structured credit volatility.

Growth drivers

  • Sustained CLO distribution income in a higher-rate environment
  • Potential for NAV recovery as credit spreads stabilize
  • Reinvestment of distributions into additional CLO positions

Key risks

  • Rising default rates in leveraged loan markets compressing CLO cash flows
  • NAV erosion during credit market downturns
  • Limited competitive differentiation among CLO-focused closed-end funds

OXLC vs Peers

Oxford Lane operates in a competitive landscape that includes other credit-focused and alternative asset managers.

KBDCSimilar UQS
Kayne Anderson BDC, Inc.

Kayne Anderson BDC focuses on direct lending to middle-market companies rather than investing through CLO structures, offering a different credit risk profile.

AGF-B.TOOXLC scores lower
AGF Management Limited

AGF Management is a diversified Canadian asset manager with a broader product lineup spanning equities and multi-asset strategies, contrasting with OXLC's narrow CLO focus.

VRTSOXLC scores higher
Virtus Investment Partners, Inc.

Virtus Investment Partners manages a wide range of active strategies across asset classes, giving it a more diversified revenue base than a single-strategy closed-end fund.

Frequently Asked Questions

What does Oxford Lane Capital do?

Oxford Lane Capital is a closed-end fund that invests primarily in CLO equity and debt tranches. These securitization vehicles hold senior secured loans made to below-investment-grade companies. The fund's goal is to generate regular income for shareholders through distributions from those structured credit positions.

Does OXLC pay dividends?

Yes, Oxford Lane Capital pays a regular dividend. The distributions are funded by income generated from its CLO portfolio. Because the underlying assets are sensitive to credit cycles, the dividend level can vary over time. Investors should review the fund's most recent distribution announcements for current details.

When does OXLC report earnings?

Oxford Lane Capital reports on a quarterly cadence, as is standard for US-listed closed-end funds. For the exact schedule and most recent results, check the investor relations section of Oxford Lane's official website.

Is OXLC a good stock to buy?

UQS Score rates OXLC as Good overall. The Valuation pillar is Attractive and the Risk pillar is Strong, which may appeal to income-focused investors. However, the Weak Moat and Neutral Quality ratings highlight structural limitations. The full pillar breakdown is available to UQS Pro members.

Is OXLC overvalued?

The UQS Valuation pillar for OXLC is rated Attractive, suggesting shares are not expensive relative to underlying assets at the time of scoring. Closed-end funds can trade at premiums or discounts to net asset value, so monitoring that spread alongside the UQS rating provides useful context.

How does OXLC compare to its competitors?

Compared to peers like Kayne Anderson BDC and Virtus Investment Partners, Oxford Lane is narrowly focused on CLO structures rather than direct lending or diversified asset management. This concentration can amplify both income potential and credit risk relative to more diversified competitors.

What is OXLC's market cap bracket?

Oxford Lane Capital is classified as a small-cap fund. This reflects its relatively modest total assets under management compared to large diversified financial firms, and it means liquidity and institutional coverage may be more limited than for larger peers.

Who founded Oxford Lane Capital?

Oxford Lane Capital Corp. was formed in 2010 and is managed by Oxford Lane Management LLC. Founding and management team details are publicly available through the fund's SEC filings and official investor relations materials.

Is OXLC a long-term quality investment?

As a long-term quality indicator, the UQS Score rates OXLC as Good — with a Strong Risk pillar and Attractive Valuation working in its favor. The Weak Moat rating, however, suggests the fund lacks durable competitive advantages, which is worth weighing for long-horizon investors focused on structural resilience.

What is the main competitive advantage of Oxford Lane Capital?

Oxford Lane's primary edge lies in its specialized focus on CLO structures and the management team's experience navigating structured credit markets. That said, the UQS Moat pillar rates this advantage as Weak, reflecting that CLO investing is accessible to many competitors and does not confer a lasting structural moat.

What sector does OXLC belong to?

Oxford Lane Capital belongs to the Financial Services sector, specifically within the closed-end fund and structured credit segment. Its performance is closely tied to leveraged lending markets and credit spreads rather than traditional equity or broad market dynamics.

Is OXLC a growth stock or value stock?

OXLC is best characterized as an income vehicle rather than a conventional growth or value stock. The UQS Growth pillar is rated Good and Valuation is Attractive, but the fund's primary appeal is current income from CLO distributions — not capital appreciation or earnings growth in the traditional sense.

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Pro Analysis

OXLC — Score History

404550556065Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 3 most recent
DateUQSQualityMoatGrowthRiskValueChange
Apr 9, 202657.851.011.065.594.3100.0+7.5
Apr 7, 202650.333.311.066.872.8100.0+3.2
Apr 2, 202647.133.311.050.672.8100.0

OXLC — Pillar Breakdown

Quality

51.0/100 (25%)

Oxford Lane Capital Corp. has average quality metrics, with room for improvement in margins or capital efficiency.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityStrong

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Cash GenerationStrong

Free cash flow relative to market value.

Growth

65.5/100 (20%)

Oxford Lane Capital Corp. demonstrates healthy growth trends across revenue and earnings.

Recent Revenue TrendStrong

Revenue trajectory over the last twelve months.

3Y Revenue CAGRStrong

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

94.3/100 (15%)

Oxford Lane Capital Corp. carries minimal financial risk with conservative leverage and strong solvency.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioStrong

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageStrong

Earnings capacity relative to interest payments.

Valuation

100.0/100 (15%)

Oxford Lane Capital Corp. appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

Moat

11/100 (25%)

Oxford Lane Capital Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for OXLC.

Score Composition

Quality
51.0×25%12.8
Growth
65.5×20%13.1
Risk
94.3×15%14.1
Valuation
100.0×15%15.0
Moat
11.0×25%2.8
Total
57.8Good

Financial Data

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How is the OXLC UQS Score Calculated?

The UQS (Unified Quality Score) for Oxford Lane Capital Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Oxford Lane Capital Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Oxford Lane Capital Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.