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Oxford Square Capital Corp. (OXSQG) is a publicly-traded business development company that focuses on investing in syndicated bank loans, debt, and equity tranches of collateralized loan obligation (CLO) vehicles. They also invest in warehouse facilities to aggregate loans for CLO vehicles. With a strong emphasis on the financial sector, Oxford Square Capital Corp. maintains a strategic approach to investment opportunities.
Oxford Square Capital Corp. (OXSQ) reported its Q4 2024 financial results with a Net Asset Value (NAV) of $2.30 per share as of December 31, 2024, down from $2.35 in the previous quarter. Net Investment Income (NII) was $6.0 million ($0.09 per share), compared to $6.2 million ($0.10 per share) in Q3 2024.
Total investment income reached $10.2 million, comprising $5.4 million from debt investments, $4.1 million from CLO equity investments, and $0.8 million from other income. The company recorded net realized losses of $44.8 million, offset by net unrealized appreciation of $42.1 million.
Key metrics include a weighted average yield of 15.8% on debt investments and an 8.8% weighted average effective yield on CLO equity investments. During Q4, OXSQ made new investments of $25.1 million and received $22.0 million from sales and repayments. The company issued approximately 1.8 million shares through an at-the-market offering, raising net proceeds of $5.0 million.
Oxford Square Capital Corp. (OXSQ) has announced its upcoming fourth quarter 2024 earnings conference call, scheduled for Friday, February 28, 2025, at 9:00 AM Eastern time. Investors and interested parties can join the call using the toll-free number 1-800-549-8228. A recording of the call will be available for 30 days afterward, accessible by dialing 1-888-660-6264 with the replay pass-code 06523#.
Oxford Square Capital Corp. (OXSQ) reported financial results for Q3 2024. The company's Net Asset Value (NAV) decreased to $2.35 per share from $2.43 in the previous quarter. Net Investment Income (NII) was $6.2 million ($0.10 per share), down from $7.7 million ($0.13 per share) in Q2 2024. Total investment income declined to $10.3 million from $11.4 million in Q2. The Board declared monthly distributions of $0.035 per share for January, February, and March 2025. The company issued approximately 5.1 million shares through an at-the-market offering, raising net proceeds of $14.5 million.
Oxford Square Capital Corp. (OXSQ) has announced its upcoming third quarter 2024 earnings conference call, scheduled for Tuesday, November 5, 2024, at 9:00 AM Eastern time. Participants can join via the toll-free number 800-445-7795 using conference ID 'Oxford'. A recording will be available for 30 days afterward, accessible by dialing 800-945-1517 with replay pass-code 25209.
Oxford Square Capital Corp. (OXSQ) announced financial results for Q2 2024. Key highlights include:
- NAV per share of $2.43 as of June 30, 2024, up from $2.42 on March 31, 2024
- Net investment income of $7.7 million ($0.13 per share), compared to $6.5 million ($0.11 per share) in Q1 2024
- Total investment income of $11.4 million, up from $10.7 million in Q1 2024
- Declared monthly distributions of $0.035 per share for October, November, and December 2024
The company recorded a net increase in net assets of $5.3 million, including $28.0 million in net unrealized appreciation, offset by $30.4 million in net realized losses. OXSQ made new investments of $28.8 million and received $19.2 million from sales and repayments.
Oxford Square Capital Corp (OXSQ) has announced its schedule for the second quarter 2024 earnings release and conference call. The event is set for Tuesday, August 13, 2024, at 9:00 AM Eastern time. Investors and interested parties can join the call using the toll-free dial-in number 800-274-8461 with the verbal access code 'OXFORD'. For those unable to attend the live call, a recording will be available for 30 days after the event, accessible by dialing 877-710-5302. This announcement demonstrates OXSQ's commitment to transparent communication with its shareholders and the investment community regarding its financial performance.
Oxford Square Capital Corp. announced its financial results for Q1 2024, including a NAV per share of $2.42, NII of $6.5 million, total investment income of $10.7 million, and expenses of $4.1 million. The company issued common stock, resulting in net proceeds of $923,000. As of March 31, 2024, the company had 6 debt investments on non-accrual status. The company will hold a conference call on May 2nd to discuss results.
Oxford Square Capital Corp. has scheduled a conference call to discuss its first quarter 2024 earnings on May 2, 2024. Shareholders and interested parties can join the call to gain insights into the company's financial performance.