OXSQ - Oxford Square Capital Q3 total investment income beats NAV rises Q/Q

Oxford Square Capital (OXSQ) Q3 GAAP net investment income of 9 cents per share misses the average analyst estimate of 16 cents and compares with 9 cents in Q2 2020.Q3 total investment income of $8.2M beats the average analyst estimate of $8.0M and slipped from $8.3M in the prior quarter.Net asset value per common share of $3.85 at Sept. 30, 2020 increased from $3.54 at June 30, 2020.During the quarter, OXSQ made investments of ~$18.3M and received proceeds of ~$8.3M from sales of investments, and $0.6M from repayments and amortization payment on its debt investments.As of Sept. 30, 2020, weighted average yield of debt investments was 8.3% at current cost vs. 8.1% as of June 30, 2020.As of Sept. 30, OXSQ had two debt investments in non-accrual status, with a combined fair value of $5.7M. Also, as of Sept. 30, its preferred equity investments in one of its portfolio companies

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Oxford Square Capital Q3 total investment income beats, NAV rises Q/Q