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Stock impact report

Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the Third Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending April...

Oxford Lane Capital Corp. - Closed End Fund (OXLC) 
US:NASDAQ Investor Relations: oxfordlanecapital.com
Company Research Source: GlobeNewswire
GREENWICH, Conn., Feb. 04, 2020 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCO) (NasdaqGS: OXLCM) (“Oxford Lane,” the “Company,” “we,” “us” or “our”) announced today the following financial results and related information:  Net asset value (“NAV”) per share as of December 31, 2019 stood at $6.81, compared with a NAV per share on September 30, 2019 of $6.63. Net investment income (“NII”), calculated in accordance with generally accepted accounting principles (“GAAP”), was approximately $20.0 million, or $0.32 per share, for the quarter ended December 31, 2019. Our core net investment income (“Core NII”) was approximately $39.1 million, or $0.62 per share, for the quarter ended December 31, 2019.  Core NII represents NII adjusted for additional applicable cash distributions received, or entitled to be received (if any, in either case), on our collateralized loan obligation (“CLO”) equity investments. See additional information under “Supplemental Info Show less Read more
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