Quarterly ResultApr 29, 2026, 07:41 AM
OXSQ Q1 NAV $1.32, NII $0.05/share; Declares $0.035 Monthly Dividend
AI Summary
Oxford Square Capital Corp. announced its first quarter 2026 financial results, reporting a significant decrease in Net Asset Value (NAV) per share to $1.32 from $1.69 sequentially. Net investment income also declined to $4.1 million, or $0.05 per share, compared to $5.4 million, or $0.07 per share, in the prior quarter. The company also declared monthly distributions of $0.035 per share for July, August, and September 2026.
Key Highlights
- NAV per share decreased to $1.32 as of March 31, 2026, from $1.69 on December 31, 2025.
- Net investment income was $4.1 million ($0.05 per share) for Q1 2026, down from $5.4 million ($0.07 per share) in Q4 2025.
- Total investment income for Q1 2026 was $8.9 million, compared to $10.4 million for Q4 2025.
- Net decrease in net assets from operations was $25.5 million for Q1 2026, including $30.7 million in net realized losses.
- Declared monthly distributions of $0.035 per share for July, August, and September 2026.
- Issued 7.2 million common shares via ATM offering, generating $12.3 million net proceeds.
- Weighted average yield of debt investments increased to 14.7% from 14.5% QoQ.
- Weighted average effective yield of CLO equity investments decreased to 7.3% from 8.6% QoQ.