Company: OXLCZ
Filing Date: 2025-11-05
Form Type: N-CSRS
Source: 0001213900-25-106331
Chunk: 11

Company: Oxford Lane Capital Corp.
Filing Date: 2025-11-05
Form: N-CSRS
Chunk 11
---
     |      |            |     |          |            |     |        |   |
| Structured Finance – Equity Investments                                                |     |             |     |           |            |     |      |            |     |          |            |     |        |   |
| 522 Funding CLO I Ltd.                                                                 |     |             |     |           |            |     |      |            |     |          |            |     |        |   |
| CLO subordinated notes(5)(7), (Estimated yield 10.33%, maturity April 15, 2035)        |     | 03/03/2023  |     |           | 29,800,000 |     |      | 12,460,349 |     |          |  6,571,592 |     |        |   |

(Continued on next page) See Accompanying Notes.

8

OXFORD LANE CAPITAL CORP. SCHEDULE OF INVESTMENTS – (continued)
SEPTEMBER 30, 2025
(Unaudited)

| COMPANY/INVESTMENT(1)(13)(14)                                                            
 Collateralized Loan Obligation – Equity Investments (continued)                          
 Structured Finance – Equity Investments (continued)                                      
 AGL CLO 40 Ltd.                                                                          |     | ACQUISITION 
 DATE(15)    |     | PRINCIPAL 
 AMOUNT/   
 SHARES    |            |     | COST |            |     | FAIR     
 VALUE(2) |            |     | % of   
 Net    
 Assets |
|:-----------------------------------------------------------------------------------------|:----|:------------|:----|:----------|-----------:|:----|:-----|-----------:|:----|:---------|-----------:|:----|:-------|
| CLO subordinated notes(5)(7)(9), (Estimated yield 15.68%, maturity July 22, 2038)        |     | 03/28/2025  |     | $         | 37,157,500 |     | $    | 38,020,408 |     | $        | 34,556,475 |     |        |
| AIG CLO 2018-1, LLC                                                                      |     |             |     |           |            |     |      |            |     |          |            |     |        |
| CLO subordinated notes(5)(7), (Estimated yield 18.