High 24.6% yield on Oxford Lane Capital CEF masks heavy losses and falling dividends.

24% dividend fund Oxford Lane Capital is risky amid market surge; Liberty All-Star Growth offers safer 8.3% yield.

The stock market has surged strongly this year, especially in tech, supported by rising corporate earnings and sales. However, not all investments benefit equally: Oxford Lane Capital Corp. (OXLC), a closed-end fund with a 24.1% dividend yield, faces...