Oxford Lane Capital Preferred Stock Shares 6.00% Series 2029

OXLCO

GREENWICH, Conn., April 13, 2026 (GLOBE NEWSWIRE) -- This press release corrects a prior version published on April 1, 2026 to clarify the redemption method for the partial redemption of the 6.25% Series 2027 Term Preferred Stock. Except as noted below, all other information in the press release issued on April 1, 2026 remains unchanged.

GREENWICH, Conn., April 01, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC, OXLCP, OXLCL, OXLCO, OXLCZ, OXLCN, OXLCI, OXLCG and OXLCM) (the “Company,” “we,” “us” or “our”) announced today that its Board of Directors has declared the required monthly dividends on its 8.25% Series 2031 Term Preferred Shares as follows: Month Ending Record Date Payment Date Amount Per Share April 30, 2026 April 16, 2026 April 30, 2026 $0.240625 May 31, 2026 May 15, 2026 May 29, 2026 $0.171875 (1) Includes the initial accrual period commencing March 20, 2026, the date the 8.25% Series 2031 Term Preferred Shares were issued.

Oxford Lane Capital recently issued the 8.25% Term Preferred Series 2031, now trading below par with a YTM of 9.04%. OXLC's NAV per share has declined 50% year-over-year, driven by over-distribution and portfolio devaluation, raising significant credit risk concerns. The NAV drop, dividend cuts, and a reverse split led to OXLC trading at a discount, eliminating the prior hedging advantage for fixed-income investors.

GREENWICH, Conn., March 13, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq GS: OXLC, OXLCP, OXLCL, OXLCO, OXLCZ, OXLCN, OXLCI and OXLCG) (the “Company”) today announced that it has priced an underwritten public offering of 2,400,000 shares of its newly designated 8.25% Series 2031 Term Preferred Shares (the “Preferred Stock”) at a public offering price of $25 per share, raising $60,000,000 in gross proceeds. The Company has also granted the underwriters a 30-day option to purchase up to 360,000 additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The closing of the transaction is subject to customary closing conditions, and the shares are expected to be delivered on March 20, 2026. The Company has applied to list the Preferred Stock on the NASDAQ Global Select Market and expects trading to commence thereon within 30 days after March 20, 2026.

GREENWICH, Conn., March 12, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (the “Company”) (Nasdaq GS: OXLC, OXLCP, OXLCL, OXLCO, OXLCZ, OXLCN, OXLCI and OXLCG) today announced that it plans to offer shares of its newly designated Series 2031 Term Preferred Shares (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any.

Scott Kaufman from The Dividend Kings explains the large rotation from growth focused investments to being overwhelmingly focused on value. Strict valuation discipline, exiting quality names like Enbridge (ENB) when total return outlooks turn negative due to overvaluation.

GREENWICH, Conn., March 10, 2026 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI) (NasdaqGS: OXLCG) (the “Company,” “we,” or “our”) today announced the following net asset value (“NAV”) estimate as of February 28, 2026.

High Dividend Opportunities targets an 8–10% portfolio yield, prioritizing sustainable cashflow to replace income in retirement without selling shares. Will Barton shares why they emphasize diversification, favoring CEFs and preferreds, and adapting allocations based on macro conditions, with a current focus on tangible assets like real estate and energy.

Oxford Lane Capital is rated as a buy despite persistent NAV and dividend declines. OXLC's high yield and discounted valuation underpin the investment thesis, with income prioritized over capital appreciation. Risks include ongoing NAV erosion and dividend sustainability, but current pricing reflects these concerns.

Oxford Lane Capital is shifting its priority toward a "stable or growing NAV" by retaining more cash flow. Retained Capital: The new $0.20 monthly distribution allows the fund to keep roughly 40% of its core earnings. Secondary Market Advantage: Management intends to use retained liquidity to acquire CLO equity at significant discounts.