Oxford Lane Capital Corp. is a US-listed closed-end fund focused primarily on
investing in the equity and junior debt tranches of collateralized loan obligations (CLOs).
The fund seeks to generate high current income, with performance and distribution
capacity influenced by leveraged loan credit conditions, CLO structural features,
default and recovery rates, refinancing and reset activity, and the cost of fund leverage.
Market pricing is often sensitive to credit spreads, risk appetite, net asset value (NAV)
dynamics and distribution policy.