Oxford Square Capital Corp
Inside Oxford Square Capital Corp’s $1.1B private-credit portfolio — 83 portfolio holdings disclosed in SEC filings.
Filing Information
Portfolio Composition
Portfolio-wide breakdown by fair value across this BDC’s full Schedule of Investments. Source: SEC EDGAR (public).
Top Portfolio Holdings
| Company | Sector | Investment | Coupon | Maturity | Cost | Fair Value |
|---|---|---|---|---|---|---|
| Investments in Securities and Cash Equivalents | $413,617,948 | $276,009,547 | ||||
| Investments in Securities | $372,980,864 | $235,372,463 | ||||
| Collateralized Loan Obligation - Total Structured Finance | $177,167,658 | $72,178,833 | ||||
| Investments | Equity | $177,167,658 | $72,178,833 | |||
| Cash Equivalents - First American Government Obligations Fund | $40,637,084 | $40,637,084 | ||||
| Cash Equivalents | $40,637,084 | $40,637,084 | ||||
| s - Software | Senior Secured Note Senior Secured | $51,426,031 | $39,060,154 | |||
| s - Business Services | Senior Secured Note Senior Secured | $32,160,870 | $31,116,966 | |||
| s - Industrials | Senior Secured Note Senior Secured | $22,767,874 | $22,708,313 | |||
| s - Healthcare | Senior Secured Note Senior Secured | $24,571,669 | $19,145,892 | |||
| Collateralized Loan Obligation - Equity Investments - Structured Finance - OCP CLO 2024-37, Ltd. - CLO | Subordinated Note Subordinated | 2037-10-15 | $23,925,355 | $15,409,950 | ||
| Collateralized Loan Obligation - Equity Investments - Structured Finance - Generate CLO 10, Ltd. - CLO | Subordinated Note Subordinated | 2038-01-22 | $21,625,923 | $13,500,000 | ||
| Senior Secured Notes - Business Services - Verifone, Inc. (f/k/a Verifone Systems, Inc.) - first lien | Senior Secured Note Senior Secured | 2028-08-18 | $12,211,761 | $12,374,896 | ||
| s - Telecommunication Services | Senior Secured Note Senior Secured | $10,980,723 | $10,747,716 | |||
| Senior Secured Notes - Telecommunication Services - Global Tel Link Corp. - first lien | Senior Secured Note Senior Secured | 2029-08-06 | $10,079,443 | $10,327,052 | ||
| Senior Secured Notes - Industrials - Michael Baker International, Inc. - first lien | Senior Secured Note Senior Secured | 2028-12-01 | $9,866,852 | $9,825,625 | ||
| Senior Secured Notes - Aerospace and Defense - Vantor, Inc.- first lien | Senior Secured Note Senior Secured | 2033-03-03 | $9,850,658 | $9,787,500 | ||
| s - Aerospace and Defense | Senior Secured Note Senior Secured | $9,850,658 | $9,787,500 | |||
| Senior Secured Notes - Software - Smartronix, LLC - first lien | Senior Secured Note Senior Secured | 2032-02-06 | $9,933,996 | $9,759,426 | ||
| Senior Secured Notes - Business Services - Convergint Technologies, LLC - second lien | Senior Secured Note Senior Secured | 2033-07-29 | $9,953,255 | $9,750,000 | ||
| Senior Secured Notes - Healthcare - Performance Health Inc. - first lien | Senior Secured Note Senior Secured | 2032-03-19 | $9,902,384 | $9,689,001 | ||
| s - Food and Beverage | Senior Secured Note Senior Secured | $9,849,342 | $9,592,570 | |||
| Senior Secured Notes - Food and Beverage - Shearer's Foods, LLC - first lien | Senior Secured Note Senior Secured | 2031-02-12 | $9,849,342 | $9,592,570 | ||
| s, estimated yield | Subordinated Note Subordinated | 2038-01-15 | $18,578,732 | $9,176,000 | ||
| Senior Secured Notes - Business Services - Access CIG, LLC - first lien | Senior Secured Note Senior Secured | 2030-08-19 | $9,995,854 | $8,992,070 |
Loan-Pricing Trend
Fair-value-weighted average credit spread and average mark across this BDC’s Schedule-of-Investments debt holdings, by filing quarter. Spread and mark are shown in the units reported in the filing. Source: SEC EDGAR (public).
| Quarter | Priced Loans | Wtd-Avg Spread | Avg Mark | Debt Fair Value |
|---|---|---|---|---|
| 2022-06-30 | 0 | — | — | $117K |
| 2022-09-30 | 0 | — | — | $100K |
| 2023-03-31 | 0 | — | — | $104K |
| 2023-06-30 | 0 | — | — | $126K |
| 2023-09-30 | 0 | — | — | $112K |
| 2024-03-31 | 0 | — | — | $83K |
| 2024-06-30 | 0 | — | — | $112K |
| 2024-09-30 | 0 | — | — | $112K |
| 2025-03-31 | 0 | — | — | $89K |
| 2025-06-30 | 0 | — | 59.9 | $1.0B |
| 2025-09-30 | 0 | — | 57.6 | $1.2B |
| 2025-12-31 | 0 | — | 55.8 | $1.1B |
| 2026-03-31 | 0 | — | 52.7 | $1.0B |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
About Oxford Square Capital Corp
Oxford Square Capital Corp (OXSQ) is a publicly traded Business Development Company (BDC) — essentially a publicly listed fund that lends money to mid-sized private companies. In plain English: BDCs raise money from public investors and lend it to businesses that are too small for Wall Street banks. By law, they must pay out at least 90% of their profits as dividends, which is why BDC yields are often 8–12%. Oxford Square Capital Corp discloses its full loan portfolio through SEC filings.
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