Oxford Square Capital Corp
NASDAQ:OXSQ
Oxford Square Capital Corp
Oxford Square Capital is a business development company primarily engaged in providing capital to technology-related companies. The company is headquartered in Greenwich, Connecticut and currently employs 0 full-time employees. The company went IPO on 2014-03-05. The Company’s investment objective is to maximize its portfolio’s total return. The company primarily focuses on seeking attractive risk-adjusted total return by investing primarily in corporate debt securities and in collateralized loan obligations (CLO), which are structured finance investments that own corporate debt securities. CLO investments may also include warehouse facilities, which are early-stage CLO vehicles intended to aggregate loans that is used to form the basis of a CLO vehicle. The company also invests in publicly traded debt and equity securities. Its portfolio includes its investments in various industries, such as structured finance, business services, software, telecommunication services, diversified insurance, information technology (IT) consulting, utilities, healthcare and plastics manufacturing. Its investment advisor is Oxford Square Management, LLC.
Oxford Square Capital is a business development company primarily engaged in providing capital to technology-related companies. The company is headquartered in Greenwich, Connecticut and currently employs 0 full-time employees. The company went IPO on 2014-03-05. The Company’s investment objective is to maximize its portfolio’s total return. The company primarily focuses on seeking attractive risk-adjusted total return by investing primarily in corporate debt securities and in collateralized loan obligations (CLO), which are structured finance investments that own corporate debt securities. CLO investments may also include warehouse facilities, which are early-stage CLO vehicles intended to aggregate loans that is used to form the basis of a CLO vehicle. The company also invests in publicly traded debt and equity securities. Its portfolio includes its investments in various industries, such as structured finance, business services, software, telecommunication services, diversified insurance, information technology (IT) consulting, utilities, healthcare and plastics manufacturing. Its investment advisor is Oxford Square Management, LLC.
Earnings: Net investment income was $5.6 million, or $0.07 per share, slightly up in dollar terms but down per share from the prior quarter.
Asset Value: Net asset value per share declined to $1.95 from $2.06 last quarter.
Distributions: Declared $0.105 per share distributed this quarter and announced monthly distributions of $0.035 per share for January, February, and March 2026.
Investment Activity: Active quarter with $58.1 million in investment purchases and $31.3 million in repayments.
Capital Raising: Issued 5.4 million shares via ATM for $11.8 million and completed $74.8 million in new unsecured notes issuance.
Market Conditions: U.S. loan market was stable, but loan and CLO portfolio saw increased realized and unrealized losses.
Portfolio Strategy: Focused on long-dated CLO equity and higher-quality or opportunistic leveraged loans; limited room for additional CLO equity without selling existing holdings.
Dividend Coverage: NII has not covered the dividend for several quarters; management considering options to improve coverage.
