Oxford Lane Capital Corp vs Financial Select Sector SPDR Fund — how do they compare? Oxford Lane Capital Corp trades at $8.85 (market cap $861.22M), while Financial Select Sector SPDR Fund trades at $56.11. The key difference: Oxford Lane Capital Corp pays a 27.21% dividend while Financial Select Sector SPDR Fund pays none, and Financial Select Sector SPDR Fund is trading nearer its 52-week high, Oxford Lane Capital Corp nearer its low. Which is the better fit depends on your goals.
| OXLC | XLF | |
|---|---|---|
Market Cap | $861.22M | — |
Sector | Financials | — |
52-Week High | $19.90 | $56.75 |
52-Week Low | $8.15 | $47.80 |
Dividend Yield | 27.21% | — |
Trailing returns across standard periods
Latest headlines on both assets
Oxford Lane Capital Corp. is a non-diversified, closed-end management investment company. Its primary investment objective is to achieve high current income, with a secondary objective of capital appreciation. The company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are pools of corporate loans. OXLC is known for its high-yield distribution policy and provides investors with leveraged exposure to the CLO market.
Read more on OXLC →The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts; consumer finance; thrifts; and mortgage finance. The fund is non-diversified.
Read more on XLF →