Oxford Lane Capital Corp.

Oxford Lane Capital exemplifies a high-yield closed-end fund with catastrophic long-term capital destruction. OXLC's extreme distribution yield is largely a return of principal, not sustainable income, resulting in a mere 18% total return over 16 years (~1% annualized). The fund's real expense ratio approaches 30% when including CLO-level fees, creating a nearly insurmountable hurdle for high positive investor returns.

Oxford Lane Capital Corp. (NASDAQ: OXLC - Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $8.36, but opened at $8.09. Oxford Lane Capital shares last traded at $8.1350, with a volume of 239,958 shares trading hands. Oxford Lane Capital Stock Performance The firm has a fifty day

Three dividend stocks are flashing yields that range from 3% to nearly 30%, and every single one has already cut its payout at least once.

Four ultra-high-yield stocks are paying out this week, but the window to collect closes as early as today's market close, and not all of them have clean coverage stories behind that income.