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OXLCN: Oxford Lane Capital Corp 7.125% Preferred Stock

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Oxford Lane Capital Corp's OXLCN is an exchange-traded preferred stock in the Baby Bond sector. At a recent price of $24.78, OXLCN yields 7.19% on its $25 liquidation preference and 7.125% coupon. It trades at a discount of 0.9% to par. The issue is cumulative, callable on or after 2024-06-30. Distributions are paid monthly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.

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