Company: OXLCZ
Filing Date: 2025-11-05
Form Type: N-CSRS
Source: 0001213900-25-106331
Chunk: 10

Company: Oxford Lane Capital Corp.
Filing Date: 2025-11-05
Form: N-CSRS
Chunk 10
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 an effective interest rate of approximately 6.42% (including amortization of deferred issuance costs) and (c) $63.8 million of preferred stock with a preferred rate of 7.125% per annum with an effective interest rate of approximately 7.63% (including amortization of deferred issuance costs) which were the amounts outstanding as of September 30, 2025. We may issue additional shares of preferred stock. In the event that we were to issue additional shares of preferred stock or debt securities, our borrowing costs, and correspondingly our total annual expenses, including, in the case of such preferred stock, the base management fee as a percentage of the Fund’s net assets attributable to common stock, would increase. (9) “Other expenses” ($8.3million) are estimated for the current fiscal year. (10) “Total annual expenses” is presented as a percentage of net assets attributable to common stockholders, because the holders of shares of our common stock (and not the holders of our preferred stock or debt securities, if any) bear all of our fees and expenses, all of which are included in this fee table presentation. The indirect expenses associated with the Fund’s CLO equity investments are not included in the fee table presentation, but if such expenses were included in the fee table presentation then the Fund’s total annual expenses would have been 31.37%. Principal Risks For a description of the principal risk factors associated with an investment in the Fund, please refer to “Note 14. Risks and Uncertainties” in the Unaudited Notes to the Financial Statements and “Principal Risks” beginning on page 66. 6

OXFORD LANE CAPITAL CORP. STATEMENT OF ASSETS AND LIABILITIES
(Unaudited)

|                                                                                                                                                                          |     | September 30, 
 2025          |               |    |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--------------|--------------:|:---|
| ASSETS                                                                                                                                                                   |     |               |               |    |
| Investments, at fair value (cost: $3,320,474,206)                                                                                                                        |     | $             | 2,599,602,064 |    |
| Distributions receivable                                                                                                                                                 |     |               |    29,218,868 |    |
| Cash equivalents                                                                                                                                                         |     |               |    19,102,016 |    |
| Interest receivable                                                                                                                                                      |     |               |       794,079