Company: OXLCZ
Filing Date: 2025-05-20
Form Type: N-CSR
Source: 0001213900-25-045605
Chunk: 42

Company: Oxford Lane Capital Corp.
Filing Date: 2025-05-20
Form: N-CSR
Chunk 42
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 %  |
| Ratio of expenses to average daily net assets                     |     |           |        9.73 | %    |     |           |       12.73 | %    |     |           |       13.14 | %    |     |           |       10.76 | %    |     |           |       12.14 | %    |     |           |      15.65 | %  |     |           |      12.80 | %  |     |           |      13.52 | % |     |           |      15.71 | % |     |           |      16.60 | %  |
| Portfolio turnover rate(6)                                        |     |           |       21.57 | %    |     |           |        9.40 | %    |     |           |       16.51 | %    |     |           |       56.07 | %    |     |           |       44.15 | %    |     |           |      17.56 | %  |     |           |      64.97 | %  |     |           |      53.42 | % |     |           |      69.08 | % |     |           |      32.02 | %  |

____________ (1)Represents net investment income per share for the period, based upon weighted average shares outstanding. (2)Net realized and unrealized capital gains and losses based upon weighted average shares outstanding include adjustments to reconcile change in NAV per share. (3)Management monitors available taxable earnings, including net investment income and realized capital gains, to determine if a tax return of capital may occur for the period. To the extent the Fund’s taxable earnings fall below the total amount of the Fund’s distributions for that fiscal year, a portion of those distributions may be deemed a tax return of capital to the Fund’s stockholders. The ultimate tax character of the Fund’s earnings cannot be determined until tax returns are prepared after the end of the fiscal year. The information provided is based on estimates available at each respective fiscal year end, see “Note 6. Distributions”.

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OXFORD LANE CAPITAL CORP.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2025 NOTE 12. FINANCIAL HIGHLIGHTS (cont.) (4)Total return based on market value is calculated assuming that shares of the Fund’s