OXLCN
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Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock
24.2401
+0.0501 (+0.21%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 24.19
Day's Range: 24.24 - 24.2401
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When Written:
23.25
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock is a type of preferred stock issued by Oxford Lane Capital Corp., a publicly-traded closed-end management investment company. The preferred stock has a fixed dividend rate of 7.125% and a maturity date of September 30, 2029. The stock is traded on the NASDAQ under the ticker symbol OXLCM. The net proceeds from the sale of the preferred stock are used by the company to invest in collateralized loan obligations (CLOs) and other debt securities. The preferred stock is considered to be a relatively safe investment, as it is senior to the common stock in the event of bankruptcy or liquidation. However, like all investments, it carries some risks, including interest rate risk and credit risk. It is important to thoroughly research and understand the risks before investing in Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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