OXLCL: Oxford Lane Capital Corp 6.75% Baby Bond
Oxford Lane Capital Corp's OXLCL is an exchange-traded baby bond in the Baby Bond sector.
At a recent price of $24.60, OXLCL yields 6.86% on its $25 liquidation preference and 6.75% coupon.
It trades at a discount of 1.6% to par.
The issue is perpetual (no stated maturity), callable on or after 2024-03-16.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.