Company: OXLCZ
Filing Date: 2025-11-05
Form Type: N-CSRS
Source: 0001213900-25-106331
Chunk: 78

Company: Oxford Lane Capital Corp.
Filing Date: 2025-11-05
Form: N-CSRS
Chunk 78
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.S. federal income tax purposes. Risks Relating to Our Investments •Our investments in CLO vehicles are riskier and less transparent to us and our stockholders than direct investments in the underlying Senior Loans or CLO Assets. •CLO securities and their investments are often illiquid. •Our portfolio of investments may lack diversification among CLO vehicles which may subject us to a risk of significant loss if one or more of these CLO vehicles experience a high level of defaults on its underlying Senior Loans or CLO Assets. •Investing in CLO vehicles, Senior Loans and other high -yieldcorporate credits involves a variety of risks, any of which may adversely impact our performance. •Inflation may adversely affect our and our portfolio companies’ business, results of operations and financial condition. Risks Relating to an Investment in Our Securities •Common shares of closed -endmanagement investment companies, including Oxford Lane Capital, have in the past frequently traded at discounts to their net asset values, and we cannot assure you that the market price of shares of our common stock will not decline below our net asset value per share. •Our common stock price may be volatile and may decrease substantially. See “PRINCIPAL RISKS” below, as well as our prospectus, for additional discussion of factors you should carefully consider before investing in the Fund’s securities. 65 PRINCIPAL RISKS Investing in our securities involves a number of significant risks. In addition to the other information contained elsewhere in this semi -annual report, you should consider carefully the following information before making an investment in our securities. If any of the following events occur, our business, financial condition and results of operations could be materially and adversely affected. In such case, the net asset value of our common stock could decline, and you may lose all or part of your investment. Risks Relating to Our Business and Structure Our financial condition and results of operations depend on Oxford Lane Management’s ability to effectively manage and deploy capital. Our ability to achieve our investment objective depends on our ability to effectively manage and deploy capital, which depends, in turn, on Oxford Lane Management’s ability to identify, evaluate and monitor, and our ability to acquire, investments that meet our investment criteria. Accomplishing our investment objective on a cost -effectivebasis is largely a function of Oxford Lane Management’s handling of the investment process, its ability to provide competent, attentive and efficient services and our access to investments offering acceptable terms, either in the primary or secondary markets. Even if we