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OXLC - Oxford Lane: 20% Yield Comes At A High Price
Oxford Lane Capital Corp.
2024-07-01 08:59:47 ET
Summary
Oxford Lane Capital Corporation offers a 20% dividend yield, but investors should not buy solely due to a high yield.
The fund invests in CLOs, which have historically performed well, but Oxford Lane Capital's heavy allocation to equity tranches increases risk.
Despite the high dividend yield, Oxford Lane Capital has experienced significant net asset value declines and sub-par total returns over the past decade.