- Oxford Lane Capital (NASDAQ:OXLC) on Monday estimated its net asset value to be $5.02-$5.12 per share as of Jan, 31, 2023, up from $4.63 at the end of 2022.
- Expectations for a higher NAV comes after OXLC, a close ended fund that invests in fixed income securities, posted mixed fiscal Q3 results as net investment income slipped from the prior quarter, while total investment income gained.
- The fund had around 167.4M shares of common stock issued and outstanding as of end-January.
- Seeking Alpha contributor Ryan Bowen took a deep dive into OXLC and its six other publicly-traded issues.
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