Oxford Square Capital ( (OXSQ) ) has released its Q4 earnings. Here is a breakdown of the information Oxford Square Capital presented to its investors.
Oxford Square Capital Corp. is a publicly-traded business development company that primarily invests in syndicated bank loans and, to a lesser extent, in debt and equity tranches of collateralized loan obligation (CLO) vehicles. The company is known for its strategic focus on CLO investments, which may also include warehouse facilities for loan aggregation.
In its latest earnings report for the quarter ended December 31, 2024, Oxford Square Capital Corp. announced a net asset value (NAV) per share of $2.30, a slight decrease from the previous quarter’s $2.35. The company also declared distributions on its common stock for the months ending April, May, and June 2025, each amounting to $0.035 per share.
Key financial metrics from the report include a net investment income of approximately $6.0 million, or $0.09 per share, and total investment income of around $10.2 million for the quarter. The company recorded a net increase in net assets from operations of approximately $3.3 million, despite facing net realized losses of about $44.8 million, offset by net unrealized appreciation of approximately $42.1 million.
Looking forward, Oxford Square Capital Corp. remains focused on managing its investment portfolio, which showed a weighted average yield of 15.8% for debt investments and a cash distribution yield of 16.2% for CLO equity investments. The company continues to navigate market conditions with a strategic approach to its investment activities.
Overall, Oxford Square Capital Corp. maintains a cautious yet optimistic outlook as it continues to manage its diverse investment portfolio while addressing challenges in the financial markets.