Oxford Lane Capital (OXLC) reports unaudited NAV as of Dec. 31 of $17.41, a 10.8% premium to the...

|About: Oxford Lane Capital (OXLC)|By:, SA News Editor

Oxford Lane Capital (OXLC) reports unaudited NAV as of Dec. 31 of $17.41, a 10.8% premium to the current stock price (also declared a $0.55 dividend for 14.5% yield). The NAV is likely understated, says David Schawel, as it's 2 months old. The company is a specialty debt investor with junior debt and equity stakes in 29 CLOs (listed in the PR).