SCHEDULE: Karpus Management Updates Oxford Lane Capital Stake

Karpus Management, Inc. reports an 11.54% beneficial ownership stake in Oxford Lane Capital Corp.'s Preferred shares as of December 31, 2025.

Summary

• Karpus Management, Inc., operating as Karpus Investment Management, beneficially owns 853,683.00 shares of Oxford Lane Capital Corp.'s Preferred stock.
• This ownership represents 11.54% of the total class of Preferred securities.
• Karpus Management, Inc. holds sole voting power and sole dispositive power over all 853,683.00 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Oxford Lane Capital Corp.
• Karpus Management, Inc. is a registered investment adviser and is controlled by City of London Investment Group plc, though informational barriers ensure independent exercise of voting and investment power.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral disclosure, as it is a routine update to an existing beneficial ownership stake by an institutional investor, indicating passive investment rather than a new strategic move.

Positives

• A significant beneficial ownership stake by an institutional investment adviser like Karpus Management, Inc. can signal confidence in the issuer's Preferred shares.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

StockSavvy.ai notes that institutional ownership disclosures, such as this Schedule 13G amendment, provide transparency into significant holdings by investment advisers. Such filings are routine for passive investors holding more than 5% of a company's stock and offer insights into institutional interest in specific securities like preferred shares.

Related Party Transactions

• Karpus Management, Inc. is controlled by City of London Investment Group plc (CLIG), which is listed on the London Stock Exchange. However, effective informational barriers have been established between Karpus and CLIG, ensuring independent exercise of voting and investment power.

Stakeholder Impact

• Shareholders gain transparency regarding significant institutional holdings in Oxford Lane Capital Corp.'s Preferred shares, which can contribute to market confidence.

Key Dates

Keywords

Oxford Lane Capital Corp, Karpus Management, Schedule 13G, Preferred shares, Beneficial Ownership, Investment Adviser, Institutional Investor