Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended June 30, 2024 and Declaration of Distributions on Common Stock for the Months Ending October 31, November 30, and December 31, 2024
Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended June 30, 2024 and Declaration of Distributions on Common Stock for the Months Ending October 31, November 30, and December 31, 2024
____________GREENWHICH, Conn., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQZ) (NasdaqGS: OXSQG) (the "Company," "we," "us" or "our") announced today its financial results and related information for the quarter ended June 30, 2024.
2024年8月13日，康涅狄格州格林威治市（環球新聞社） - oxford square capital corp.（納斯達克代碼：oxsq）（納斯達克代碼：oxsqz）（納斯達克代碼：oxsqg）（以下簡稱「公司」、「我們」、「我們」或「我們的」）今天宣佈，截至2024年6月30日的財務業績及相關信息。
- On August 8, 2024, our Board of Directors declared the following distributions on our common stock:
- 2024年8月8日，我們的董事會宣佈了以下的普通股分配：
| Month Ending | Record Date | Payment Date | Amount Per Share |
| October 31, 2024 | October 17, 2024 | October 31, 2024 | $0.035 |
| November 30, 2024 | November 15, 2024 | November 29, 2024 | $0.035 |
| December 31, 2024 | December 17, 2024 | December 31, 2024 | $0.035 |
| 截至月末 | 股權登記日 | 支付日期 | 每股金額 |
| 2024年10月31日 | 2024年10月17日 | 2024年10月31日 | $0.035 |
| 2024年11月30日 | 2024年11月15日 | 2024年11月29日 | $0.035 |
| 2024年12月31日 | 2024年12月17日 | 2024年12月31日 | $0.035 |
- Net asset value ("NAV") per share as of June 30, 2024 stood at $2.43, compared with a NAV per share on March 31, 2024 of $2.42.
- 截至2024年6月30日，每股淨資產（「NAV」）爲2.43美元，而2024年3月31日每股NAV爲2.42美元。
- Net investment income ("NII") was approximately $7.7 million, or $0.13 per share, for the quarter ended June 30, 2024, compared with approximately $6.5 million, or $0.11 per share, for the quarter ended March 31, 2024.
- Total investment income for the quarter ended June 30, 2024 amounted to approximately $11.4 million, compared with approximately $10.7 million for the quarter ended March 31, 2024.
- For the quarter ended June 30, 2024 we recorded investment income from our portfolio as follows:
- $7.0 million from our debt investments;
- $3.9 million from our CLO equity investments; and
- $0.5 million from other income.
- For the quarter ended June 30, 2024 we recorded investment income from our portfolio as follows:
- Our total expenses for the quarter ended June 30, 2024 were approximately $3.7 million, compared with total expenses of approximately $4.1 million for the quarter ended March 31, 2024.
- As of June 30, 2024, the following metrics applied (note that none of these metrics represented a total return to shareholders):
- The weighted average yield of our debt investments was 13.7% at current cost, compared with 13.9% as of March 31, 2024;
- The weighted average effective yield of our CLO equity investments at current cost was 9.4%, compared with 9.5% as of March 31, 2024; and
- The weighted average cash distribution yield of our cash income producing CLO equity investments at current cost was 16.2%, compared with 13.7% as of March 31, 2024.
- For the quarter ended June 30, 2024, we recorded a net increase in net assets resulting from operations of approximately $5.3 million, consisting of:
- NII of approximately $7.7 million;
- Net realized losses of approximately $30.4 million; and
- Net unrealized appreciation of approximately $28.0 million.
- 2024年6月30日結束的季度，淨投資收益（「NII」）約爲770萬美元，每股收益爲0.13美元，而2024年3月31日結束的季度，淨投資收益約爲650萬美元，每股收益爲0.11美元。
- 2024年6月30日結束的季度，總投資收益約爲1140萬美元，而2024年3月31日結束的季度，總投資收益約爲1070萬美元。
- 截至2024年6月30日的季度，我們的投資組合中所記錄的投資收益如下：
- 從我們的債務投資收益爲700萬美元；
- 從我們的CLO股權投資中獲得390萬美元；
- 從其他收入獲得50萬美元。
- 截至2024年6月30日的季度，我們的投資組合中所記錄的投資收益如下：
- 截至2024年6月30日的季度，我們的總費用約爲370萬美元，而2024年3月31日結束的季度的總費用約爲410萬美元。
- 截至2024年6月30日，以下指標適用（請注意，這些指標均不代表股東的總收益）：
- 我們的債務投資的加權平均收益率爲13.7%，與2024年3月31日的13.9%相比；
- 我們的CLO股權投資在當前成本下的加權平均有效收益率爲9.4%，與2024年3月31日的9.5%相比；
- 我們的產生現金收益的CLO股權投資在當前成本下的加權平均現金分配收益率爲16.2%，而2024年3月31日這一數字爲13.7%。
- 截至2024年6月30日的季度，我們錄得了大約530萬美元的淨資產增長，其中包括：
- 約爲770萬美元的淨投資收益；
- 約爲3040萬美元的現實損失；
- 約爲2800萬美元的非現實升值。
- During the second quarter of 2024, we made investments of approximately $28.8 million and received approximately $19.2 million from sales and repayments of investments.
- Our weighted average credit rating was 2.3 based on total fair value and 2.7 based on total principal amount as of June 30, 2024, compared with a weighted average credit rating of 2.3 based on total fair value and 2.9 based on total principal amount as of March 31, 2024.
- As of June 30, 2024, we had three debt investments in one portfolio company on non-accrual status, with a combined fair value of approximately $0.5 million. Also, as of June 30, 2024, our preferred equity investments in one of our portfolio companies were on non-accrual status, which had an aggregate fair value of approximately $2.5 million.
- For the quarter ended June 30, 2024, we issued a total of approximately 2.9 million shares of common stock pursuant to an "at-the-market" offering. After deducting the sales agent's commissions and offering expenses, this resulted in net proceeds of approximately $8.9 million. As of June 30, 2024, we had approximately 62.7 million shares of common stock outstanding.
- 在2024年第二季度，我們進行了約2880萬美元的投資，並從出售和償付投資中獲得了約1920萬美元。
- 截至2024年6月30日，我們的加權平均信用評級基於總公允價值爲2.3，基於總本金金額爲2.7，而2024年3月31日，我們的加權平均信用評級基於總公允價值爲2.3，基於總本金金額爲2.9。
- 截至2024年6月30日，我們對一家組合公司持有三種非應計狀態的債務投資，合計公允價值約爲50萬美元。此外，截至2024年6月30日，我們對其中一家組合公司的優先股投資處於非應計狀態，總公允價值約爲250萬美元。
- 截至2024年6月30日，我們通過"市價即時交易"發行了大約290萬股普通股。扣除銷售代理佣金和發行費用後，淨收益約爲890萬美元。截至2024年6月30日，我們已發行了約6270萬股普通股。
We will hold a conference call to discuss second quarter results today, Tuesday, August 13th, 2024 at 9:00 AM ET. The toll-free dial-in number is 800-274-8461, verbal access code OXFORD. There will be a recording available for 30 days. If you are interested in hearing the recording, please dial 877-710-5302.
我們將於2024年8月13日週二上午9:00（美國東部時間）舉行電話會議，討論第二季度業績。免費撥打電話號碼800-274-8461，口令爲OXFORD。錄音將可供30天查閱。如果您有興趣聽取錄音，請撥打877-710-5302。
A presentation containing further detail regarding our quarterly results of operations has been posted under the Investor Relations section of our website at .
關於我們季度業績的更多詳細信息，請訪問我們網站的投資者關係部分。
| OXFORD SQUARE CAPITAL CORP. | ||||||||
| STATEMENTS OF ASSETS AND LIABILITIES | ||||||||
| June 30, 2024 |
December 31, 2023 |
|||||||
| (Unaudited) | ||||||||
| ASSETS | ||||||||
| Non-affiliated/non-control investments (cost: $397,523,375 and $440,069,822, respectively) | $ | 249,566,370 | $ | 261,614,335 | ||||
| Affiliated investments (cost: $16,836,822 and $16,836,822, respectively) | 2,543,665 | 5,276,092 | ||||||
| Cash and cash equivalents | 30,014,406 | 5,740,553 | ||||||
| Securities sold, not settled | 3,402,645 | — | ||||||
| Interest and distributions receivable | 3,274,499 | 3,976,408 | ||||||
| Other assets | 1,383,299 | 1,060,384 | ||||||
| Total assets | $ | 290,184,884 | $ | 277,667,772 | ||||
| LIABILITIES | ||||||||
| Notes payable – 6.25% Unsecured Notes, net of deferred issuance costs of $427,349 and $543,609, respectively | 44,363,401 | 44,247,141 | ||||||
| Notes payable – 5.50% Unsecured Notes, net of deferred issuance costs of $1,575,975 and $1,768,219, respectively | 78,924,025 | 78,731,781 | ||||||
| Securities purchased, not settled | 10,852,405 | — | ||||||
| Base Fee and Net Investment Income Incentive Fee payable to affiliate | 1,023,352 | 1,012,389 | ||||||
| Accrued interest payable | 1,204,487 | 1,204,487 | ||||||
| Accrued expenses | 1,405,182 | 1,163,349 | ||||||
| Total liabilities | 137,772,852 | 126,359,147 | ||||||
| NET ASSETS | ||||||||
| Common stock, $0.01 par value, 100,000,000 shares authorized; 62,705,628 and 59,300,472 shares issued and outstanding, respectively | 627,056 | 593,005 | ||||||
| Capital in excess of par value | 468,341,856 | 458,121,381 | ||||||
| Total distributable earnings/(accumulated losses) | (316,556,880) | (307,405,761) | ||||||
| Total net assets | 152,412,032 | 151,308,625 | ||||||
| Total liabilities and net assets | $ | 290,184,884 | $ | 277,667,772 | ||||
| Net asset value per common share | $ | 2.43 | $ | 2.55 | ||||
| oxford square capital corp. | ||||||||
| 資產負債表 | ||||||||
| 6月30日 2024 |
截至12月31日公允價值 2023 |
|||||||
| (未經審計) | ||||||||
| 資產 | ||||||||
| 非關聯/非控制性投資（成本分別爲397,523,375美元和440,069,822美元） | $ | 249,566,370 | $ | 261,614,335 | ||||
| 關聯投資（成本分別爲16,836,822美元和16,836,822美元） | 2,543,665 | 5,276,092 | ||||||
| 現金及現金等價物 | 30,014,406 | 5,740,553 | ||||||
| 未結算出售的證券 | 3,402,645 | — | ||||||
| 應收利息和分配金額 | 3,274,499 | 3,976,408 | ||||||
| 其他 | 1,383,299 | 1,060,384 | ||||||
| 總資產 | $ | 290,184,884 | $ | 277,667,772 | ||||
| 負債 | ||||||||
| 應付票據-6.25%無擔保票據，減去推遲發行成本，分別爲$427,349和$543,609 | 44,363,401 | 44,247,141 | ||||||
| 應付票據-5.50%無擔保票據，減去推遲發行成本，分別爲$1,575,975和$1,768,219 | 78,924,025 | 78,731,781 | ||||||
| 未交割券 | 支付給隸屬公司的基本費用和淨投資收益激勵費用 | — | ||||||
| 10,852,405 | 1,023,352 | 1,012,389 | ||||||
| 應付應計利息 | 1,204,487 | 1,204,487 | ||||||
| 應計費用 | 1,405,182 | 1,163,349 | ||||||
| 負債合計 | 137,772,852 | 126,359,147 | ||||||
| 淨資產 | ||||||||
| 普通股股本，每股面值爲$0.01，共授權100,000,000股，分別發行和流通62,705,628股和59,300,472股 | 627,056 | 593,005 | ||||||
| 超過面值的資本 | 468,341,856 | 458,121,381 | ||||||
| 可分配收益總額/(累積虧損) | (316,556,880) | (307,405,761) | ||||||
| 總淨資產 | 152,412,032 | 151,308,625 | ||||||
| 負債和淨資產總額 | $ | 290,184,884 | $ | 277,667,772 | ||||
| 每股淨資產價值 | $ | 2.43 | $ | 2.55 | ||||
| OXFORD SQUARE CAPITAL CORP. | ||||||||||||||||
| STATEMENTS OF OPERATIONS | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three Months Ended June 30, 2024 |
Three Months Ended June 30, 2023 |
Six Months Ended June 30, 2024 |
Six Months Ended June 30, 2023 |
|||||||||||||
| INVESTMENT INCOME | ||||||||||||||||
| From non-affiliated/non-control investments: | ||||||||||||||||
| Interest income – debt investments | $ | 7,021,819 | $ | 8,799,180 | $ | 13,442,866 | $ | 17,093,340 | ||||||||
| Income from securitization vehicles and investments | 3,885,916 | 4,329,300 | 7,818,290 | 8,708,795 | ||||||||||||
| Other income | 537,721 | 384,500 | 861,724 | 652,643 | ||||||||||||
| Total investment income from non-affiliated/non-control investments | 11,445,456 | 13,512,980 | 22,122,880 | 26,454,778 | ||||||||||||
| Total investment income | 11,445,456 | 13,512,980 | 22,122,880 | 26,454,778 | ||||||||||||
| EXPENSES | ||||||||||||||||
| Interest expense | 1,960,984 | 3,087,951 | 3,921,966 | 6,173,317 | ||||||||||||
| Base Fee | 1,023,352 | 1,257,688 | 2,011,168 | 2,417,334 | ||||||||||||
| Professional fees | 491,037 | 281,928 | 802,784 | 617,808 | ||||||||||||
| Compensation expense | 174,482 | 190,159 | 381,380 | 457,124 | ||||||||||||
| General and administrative(1) | 447,519 | 430,149 | 794,144 | 803,322 | ||||||||||||
| Excise tax(1) | (373,824) | 300,000 | (48,024) | 300,000 | ||||||||||||
| Total expenses before incentive fees | 3,723,550 | 5,547,875 | 7,863,418 | 10,768,905 | ||||||||||||
| Net Investment Income Incentive Fees | — | 1,299,324 | — | 2,529,308 | ||||||||||||
| Capital gains incentive fees | — | — | — | — | ||||||||||||
| Total incentive fees | — | 1,299,324 | — | 2,529,308 | ||||||||||||
| Total expenses(1) | 3,723,550 | 6,847,199 | 7,863,418 | 13,298,213 | ||||||||||||
| Net investment income | 7,721,906 | 6,665,781 | 14,259,462 | 13,156,565 | ||||||||||||
| NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) AND REALIZED GAINS/(LOSSES) ON INVESTMENT TRANSACTIONS | ||||||||||||||||
| Net change in unrealized appreciation/(depreciation) on investments: | ||||||||||||||||
| Non-Affiliate/non-control investments | 30,353,371 | 4,900,785 | 30,498,482 | 3,957,995 | ||||||||||||
| Affiliated investments | (2,376,310) | 3,352,146 | (2,732,427) | 4,072,635 | ||||||||||||
| Total net change in unrealized appreciation/(depreciation) on investments | 27,977,061 | 8,252,931 | 27,766,055 | 8,030,630 | ||||||||||||
| Net realized losses: | ||||||||||||||||
| Non-affiliated/non-control investments | (30,439,962) | (3,331,308) | (38,534,902) | (3,331,308) | ||||||||||||
| Total net realized losses | (30,439,962) | (3,331,308) | (38,534,902) | (3,331,308) | ||||||||||||
| Net increase in net assets resulting from operations | $ | 5,259,005 | $ | 11,587,404 | $ | 3,490,615 | $ | 17,855,887 | ||||||||
| Net increase in net assets resulting from net investment income per common share (Basic and Diluted): | $ | 0.13 | $ | 0.13 | $ | 0.24 | $ | 0.26 | ||||||||
| Net increase in net assets resulting from operations per common share (Basic and Diluted): | $ | 0.09 | $ | 0.23 | $ | 0.06 | $ | 0.36 | ||||||||
| Weighted average shares of common stock outstanding (Basic and Diluted): | 60,654,421 | 50,542,374 | 60,146,853 | 50,202,259 | ||||||||||||
| Distributions per share | $ | 0.105 | $ | 0.105 | $ | 0.210 | $ | 0.210 | ||||||||
| oxford square capital corp. | ||||||||||||||||
| 損益表 | ||||||||||||||||
| （未經審計） | ||||||||||||||||
| 三個月截至 截至 2024年6月30日 |
三個月截至 截至 2023年6月30日 |
六個月 截至 2024年6月30日 |
六個月 截至 2023年6月30日 |
|||||||||||||
| 投資收益 | ||||||||||||||||
| 來自非關聯/非控股投資: | ||||||||||||||||
| 利息收入-債務投資 | $ | 7,021,819 | $ | 8,799,180 | $ | 13,442,866 | $ | 17,093,340 | ||||||||
| 證券化工具和投資的收益 | 3,885,916 | 4,329,300 | 7818290 | 8708795 | ||||||||||||
| 其他收入 | 537721 | 384,500 | 861,724 | 652643 | ||||||||||||
| 非關聯/非控制投資的總投資收益 | 11445456 | 13512980 | 22122880 | 26454778 | ||||||||||||
| 總投資收益 | 11445456 | 13512980 | 22122880 | 26454778 | ||||||||||||
| 費用 | ||||||||||||||||
| 利息費用 | 1960984 | 3087951 | 3921966 | 6173317 | ||||||||||||
| 基礎費用 | 1023352 | 1257688 | 2011168 | 2,417,334 | ||||||||||||
| 專業費用 | 491037 | 281,928 | 802,784 | 617,808 | ||||||||||||
| 薪酬支出 | 174,482 | 190,159 | 381,380 | 457,124 | ||||||||||||
| 總務和行政(1) | 447,519 | 430,149 | 794,144 | 803,322 | ||||||||||||
| 消費稅（1） | （373,824） | 300,000 | （48,024） | 300,000 | ||||||||||||
| 激勵費用前總支出 | 3,723,550 | 5,547,875 | 7,863,418 | 10,768,905 | ||||||||||||
| 淨投資收益激勵費用 | — | 1,299,324 | — | 2,529,308 | ||||||||||||
| 基於資本收益的激勵費用 | — | — | — | — | ||||||||||||
| 總激勵費用 | — | 1,299,324 | — | 2,529,308 | ||||||||||||
| 總支出(1) | 3,723,550 | 6,847,199 | 7,863,418 | 13,298,213 | ||||||||||||
| 淨投資收益 | 7,721,906 | 6,665,781 | 14,259,462 | 13,156,565 | ||||||||||||
| 未實現升值/(貶值)及投資交易的實現收益/(虧損)淨變化 | ||||||||||||||||
| 投資未實現升值/(貶值)的淨變化: | ||||||||||||||||
| 非附屬/非控股投資 | 30,353,371 | 4,900,785 | 30,498,482 | 3,957,995 | ||||||||||||
| 關聯投資 | (2,376,310) | 3,352,146 | (2,732,427) | 4,072,635 | ||||||||||||
| 投資的未實現升值/（折舊）的淨變動 | 27,977,061 | 8,252,931 | 27,766,055 | 8,030,630 | ||||||||||||
| 淨實現損失： | ||||||||||||||||
| 非關聯/非控制投資 | （30,439,962） | （3,331,308） | （38,534,902） | （3,331,308） | ||||||||||||
| 淨實現損失總額 | （30,439,962） | （3,331,308） | （38,534,902） | （3,331,308） | ||||||||||||
| 經營活動產生的淨資產增長 | $ | 5,259,005 | $ | 11,587,404 | $ | 3,490,615 | $ | 17,855,887 | ||||||||
| 每股普通股淨資產增加的淨投資收入（基本和稀釋）： | $ | 0.13 | $ | 0.13 | $ | 0.24 | $ | 0.26 | ||||||||
| 每股普通股淨資產增加的運營活動帶來的淨收益（基本和稀釋）： | $ | 0.09 | $ | 0.23 | $ | 0.06 | $ | 0.36 | ||||||||
| 普通股加權平均股數（基本和稀釋）： | 60,654,421 | 50,542,374 | 60,146,853 | 50,202,259 | ||||||||||||
| 每股派發金額 | $ | 0.105 | $ | 0.105 | $ | 0.210 | $ | 0.210 | ||||||||
____________
____________
(1) Change in prior periods was made to conform to the current period presentation.
（1）變更存在於前期的財務數據以符合當前期間的呈現。
FINANCIAL HIGHLIGHTS
財務亮點
| Three Months Ended June 30, 2024 |
Three Months Ended June 30, 2023 |
Six Months Ended June 30, 2024 |
Six Months Ended June 30, 2023 |
|||||||||||||
| Per Share Data | ||||||||||||||||
| Net asset value at beginning of period | $ | 2.42 | $ | 2.80 | $ | 2.55 | $ | 2.78 | ||||||||
| Net investment income(1) | 0.13 | 0.13 | 0.24 | 0.26 | ||||||||||||
| Net realized and unrealized (losses)/gains(2) | (0.04) | 0.10 | (0.18) | 0.09 | ||||||||||||
| Net (decrease)/increase in net asset value from operations | 0.09 | 0.23 | 0.06 | 0.35 | ||||||||||||
| Distributions per share from net investment income | (0.11) | (0.11) | (0.21) | (0.21) | ||||||||||||
| Tax return of capital distributions(3) | — | — | — | — | ||||||||||||
| Total distributions | (0.11) | (0.11) | (0.21) | (0.21) | ||||||||||||
| Effect of shares issued | 0.03 | (0.04) | 0.03 | (0.04) | ||||||||||||
| Net asset value at end of period | $ | 2.43 | $ | 2.88 | $ | 2.43 | $ | 2.88 | ||||||||
| Per share market value at beginning of period | $ | 3.17 | $ | 3.16 | $ | 2.86 | $ | 3.12 | ||||||||
| Per share market value at end of period | $ | 2.94 | $ | 2.65 | $ | 2.94 | $ | 2.65 | ||||||||
| Total return based on Market Value(4) | (4.06)% | (13.00)% | 9.98% | (9.15)% | ||||||||||||
| Total return based on Net Asset Value(5) | 4.75% | 6.61% | 3.53% | 11.15% | ||||||||||||
| Shares outstanding at end of period | 62,705,628 | 56,395,751 | 62,705,628 | 56,395,751 | ||||||||||||
| Ratios/Supplemental Data(8) | ||||||||||||||||
| Net assets at end of period (000's) | $ | 152,412 | $ | 162,412 | $ | 152,412 | $ | 162,412 | ||||||||
| Average net assets (000's) | $ | 146,781 | $ | 144,439 | $ | 147,520 | $ | 141,852 | ||||||||
| Ratio of expenses to average net assets(6) | 11.15% | 18.96% | 10.99% | 18.75% | ||||||||||||
| Ratio of net investment income to average net assets(6) | 20.04% | 18.46% | 19.00% | 18.55% | ||||||||||||
| Portfolio turnover rate(7) | 5.69% | 1.48% | 11.08% | 2.60% | ||||||||||||
| 三個月截至 截至 6月30日 2024 |
三個月截至 截至 6月30日 2023 |
六個月 截至 6月30日 2024 |
六個月 截至 6月30日 2023 |
|||||||||||||
| 每股數據 | ||||||||||||||||
| 期初淨資產價值 | $ | 2.42 | $ | 2.80 | $ | 2.55 | $ | 2.78 | ||||||||
| 淨投資收益（1） | 0.13 | 0.13 | 0.24 | 0.26 | ||||||||||||
| 實現和未實現淨損失/收益（2） | (0.04) | 0.10 | (0.18) | 0.09 | ||||||||||||
| 來自運營的淨資產價值減少/增加 | 0.09 | 0.23 | 0.06 | 0.35 | ||||||||||||
| 每股淨投資收益分配 | (0.11) | (0.11) | (0.21) | (0.21) | ||||||||||||
| 資本利得分配（3） | — | — | — | — | ||||||||||||
| 總分配 | (0.11) | (0.11) | (0.21) | (0.21) | ||||||||||||
| 發行的股票效應 | 0.03 | (0.04) | 0.03 | (0.04) | ||||||||||||
| 期末淨資產價值 | $ | 2.43 | $ | 2.88 | $ | 2.43 | $ | 2.88 | ||||||||
| 期初每股市場價值 | $ | 3.17 | $ | 3.16 | $ | 2.86 | $ | 3.12 | ||||||||
| 期末每股市場價值 | $ | 2.94 | $ | 2.65 | $ | 2.94 | $ | 2.65 | ||||||||
| 基於市值的總回報(4) | (4.06)% | (13.00)% | 9.98% | (9.15)% | ||||||||||||
| 基於資產淨值的總回報(5) | 4.75% | 6.61% | 3.53% | 11.15% | ||||||||||||
| 期末已發行的股數 | 62,705,628 | 56,395,751 | 62,705,628 | 56,395,751 | ||||||||||||
| 比率/補充數據(8) | ||||||||||||||||
| 期末資產淨值(000's) | $ | 152,412 | $ | 162,412 | $ | 152,412 | $ | 162,412 | ||||||||
| 平均淨資產(000's) | $ | 146,781 | $ | 144,439 | $ | 147,520 | $ | 141,852 | ||||||||
| 費用佔平均淨資產比率(6) | 11.15% | 18.96% | 10.99% | 18.75% | ||||||||||||
| 淨投資收益佔平均淨資產比率(6) | 20.04% | 18.46% | 19.00% | 18.55% | ||||||||||||
| 投資組合週轉率(7) | 5.69% | 1.48% | 11.08% | 2.60% | ||||||||||||
___________
___________
(1) Represents per share net investment income for the period, based upon weighted average shares outstanding.
(2) Net realized and unrealized gains/(losses) include rounding adjustments to reconcile change in net asset value per share.
(3) Management monitors available taxable earnings, including net investment income and realized capital gains, to determine if a tax return of capital may occur for the year. To the extent the Company's taxable earnings fall below the total amount of the Company's distributions for that fiscal year, a portion of those distributions may be deemed a tax return of capital to the Company's stockholders. The ultimate tax character of the Company's earnings cannot be determined until tax returns are prepared after the end of the fiscal year. The amounts and sources of distributions reported are only estimates (based on an average of the reported tax character historically) and are not being provided for U.S. tax reporting purposes.
(4) Total return based on market value equals the increase or decrease of ending market value over beginning market value, plus distributions, divided by the beginning market value, assuming distribution reinvestment prices obtained under the Company's distribution reinvestment plan, excluding any discounts. Total return is not annualized.
(5) Total return based on net asset value equals the increase or decrease of ending net asset value over beginning net asset value, plus distributions, divided by the beginning net asset value. Total return is not annualized.
(6) Annualized.
(7) Portfolio turnover rate is calculated using the lesser of the year-to-date investment sales and debt repayments or year-to-date investment purchases over the average of the total investments at fair value.
(8) The following table provides supplemental performance ratios (annualized) measured for the three and six months ended June 30, 2024 and 2023:
（1）代表本期每股淨投資收益，根據加權平均股本計算。
（2）淨實現和未實現收益/（損失）包括舍入調整以協調每股淨資產價值的變化。
（3）管理層監控可用的應稅收益，包括淨投資收益和實現的資本利得，以確定是否可能發生當年的資本退稅。如果公司的應稅收益低於該財年公司分配總額，則其中一部分分配可能被視爲向公司股東的資本退稅。公司收益的最終稅務性質不能確定，直到財年結束後準備稅務申報表。報告的分配金額和來源僅爲估計值（基於歷史上報告的稅務性質平均值），不提供美國稅務申報用途。
（4）以市值爲基礎的總回報等於終止市值減去起始市值的增加或減少，加上分配，除以起始市值，假定在公司的分配再投資計劃下獲得的分配再投資價格，不包括任何折扣。總回報未年化。
（5）以淨資產價值爲基礎的總回報等於終止淨資產價值減去起始淨資產價值的增加或減少，加上分配，除以起始淨資產價值。總回報未年化。
（6）年化。
（7）資產組合週轉率是利用年初至今的投資銷售和債務償還或年初至今的投資購買之間較小的值，以公允價值總投資平均數爲基礎計算的。
（8）下表提供了截至2024年6月30日和2023年6月30日結束的三個月和六個月的額外性能比率（已年化）：
|
Three Months Ended June 30, 2024 |
Three Months Ended June 30, 2023 |
Six Months Ended June 30, 2024 |
Six Months Ended June 30, 2023 |
|||||||||
| Ratio of expenses to average net assets: | ||||||||||||
| Operating expenses before incentive fees | 11.15% | 15.36% | 10.99% | 15.18% | ||||||||
| Net investment income incentive fees | —% | 3.60% | —% | 3.57% | ||||||||
| Ratio of expenses, excluding interest expense, to average net assets | 5.81% | 10.41% | 5.68% | 10.05% | ||||||||
| 三個月截至 截至 6月30日 2024 |
三個月截至 截至 6月30日 2023 |
六個月 截至 6月30日 2024 |
六個月 截至 6月30日 2023 |
|||||||||
| 費用與平均淨資產的比率： | ||||||||||||
| 營業費用（不包括獎勵費） | 11.15% | 15.36% | 10.99% | 15.18% | ||||||||
| 淨投資收益獎勵費用 | —% | 3.60% | —% | 3.57% | ||||||||
| 費用（不包括利息費用）與平均淨資產的比率 | 5.81% | 10.41% | 5.68% | 10.05% | ||||||||
About Oxford Square Capital Corp.
關於牛津方盛資本公司。
Oxford Square Capital Corp. is a publicly-traded business development company principally investing in syndicated bank loans and, to a lesser extent, debt and equity tranches of collateralized loan obligation ("CLO") vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.
Oxford Square Capital Corp.是一家公開交易的企業發展公司，主要投資於銀行聯合貸款，以及較少投資於抵押貸款證券化（「CLO」）車輛的債務和股權級別。CLO投資還可能包括流通設施，這些是旨在聚合可能用於形成CLO車輛基礎的貸款的資金結構。
Forward-Looking Statements
前瞻性聲明
This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events, except as may be required by law.
本新聞稿包含受到天然不確定性影響的前瞻性聲明。 除了歷史事實陳述（包括含有「相信」「計劃」「預計」「估計」及類似表述的聲明）外，任何聲明都應被視爲前瞻性聲明。這些陳述並非對未來表現、狀況或結果的保證，涉及多項風險和不確定性。 在某些情況下，可以出現實際結果和表現與前瞻性聲明中所反映的不一致。 這些因素的識別會在我們的提交給證券交易委員會的文件中不時發現。 我們無需更新這些聲明以反映隨後發生的事件，除非法律要求我們這樣做。
Contact:
Bruce Rubin
203-983-5280
聯繫方式：
布魯斯·魯賓（Bruce Rubin）
203-983-5280
譯文內容由第三人軟體翻譯。
