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.
Article Thesis
Read the full article on Seeking Alpha
For further details see:
Oxford Lane: 20% Yield Comes At A High Price