Oxford Square Capital Corp. Q4 FY2024 earnings call

• Jonathan Cohen mentioned net investment income, net asset value per share, distributions, total investment income, combined losses on investments, investment activity, and share issuance.
• Kevin Yonon discussed that U.S. loan market performance improved with loan prices increasing, default rate, distressed ratio, U.S. Leveraged Loan primary market issuance up 75% vs prior year, U.S. loan fund inflows, and focus on portfolio management strategies for long-term total return.

For the quarter ended December, Oxford Square's net investment income was approximately $6 million or $0.09 per share compared with $6.2 million or $0.1 per share for the prior quarter. Net asset value per share is $2.3 compared to $2.35 for the prior quarter. Total investment income for the fourth quarter was approximately $10.2 million vs approximately $10.3 million prior quarter. Combined net unrealized and realized losses on investments were approximately $2.7 million or $0.04 per share compared to approximately $7.1 million or $0.11 per share prior quarter. Investment activity during the quarter included purchases of approximately $25.1 million, sales of $7 million, and repayments of approximately $15 million. Approximately 1.8 million shares of common stock were issued pursuant to an at-the-market offering, resulting in net proceeds of approximately $5 million. The Board declared monthly distributions of $0.035 per share for each of the months ending April, May, and June of 2025.

On February 27, the Board of Directors declared monthly distributions of $0.035 per share for each of the months ending April, May, and June of 2025.

Q: Are there any questions?

A: Operator states there appear to be no questions