Company: OXLCZ
Filing Date: 2025-11-05
Form Type: N-CSRS
Source: 0001213900-25-106331
Chunk: 60

Company: Oxford Lane Capital Corp.
Filing Date: 2025-11-05
Form: N-CSRS
Chunk 60
---
OXFORD LANE CAPITAL CORP.
NOTES TO FINANCIAL STATEMENTS
SEPTEMBER 30, 2025
(Unaudited) NOTE 13. FINANCIAL HIGHLIGHTS (cont.) (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 7. Distributions”. (4)Total return based on market value is calculated assuming that shares of the Fund’s common stock were purchased at the market price as of the beginning of the period, and that distribution, capital gains and other distributions were reinvested as provided for in the Fund’s distribution reinvestment plan, and that the total number of shares were sold at the closing market price per share on the last day of the period. The computation does not reflect any sales commission investors may incur in purchasing or selling shares of the Fund. (5)Total return based on NAV is the change in ending NAV per share plus distributions per share paid during the period divided by the beginning NAV per share. (6)Portfolio turnover rate is calculated using the lesser of the year -to-datepurchases or sales and repayments of investments divided by the monthly average of the fair value of total investments. Excluded from both the numerator and denominator is the fair value of all investments whose maturity or expiration date at the time of acquisition was one year or less. (7)Amount represents less than $0.01 per share. (8)The Fund completed a 1 -for-5reverse stock split effective September 5, 2025. The common stock, net asset value and per share data have been adjusted retroactively to reflect the split. For more information, see “Note 2. Organization — Reverse Stock Split.” Senior Securities Table Information about our senior securities is shown in the following tables as of the six months ended September 30, 2025 and fiscal years ended March 31, 2025, 2024, 2023, 2022, 2021, 2020, 2019