Oxford Square Capital Corp. Announces Q2 Earnings, Declares Distributions

• Oxford Square Capital Corp. announces Q2 2025 financial results. • Declares distributions on common stock for October, November, and December 2025. • Net asset value of $1.04 per share as of June 30, 2025. • Company's board of directors declares $0.035 per share distributions for each month.

Oxford Square Capital Corp. (NASDAQ: OXSQ) has announced its Q2 2025 financial results, revealing a mixed performance with notable declines in key metrics. The company reported a decrease in net asset value (NAV) per share to $2.06 from $2.09 in the previous quarter, and net investment income (NII) fell to $5.5 million ($0.08 per share) from $6.1 million ($0.09 per share) in Q1 2025 [1].

Total investment income decreased to $9.5 million from $10.2 million in Q1, reflecting a 16.9% year-over-year decline [3]. The company maintained its monthly distributions at $0.035 per share for October, November, and December 2025, despite the challenging performance. However, the quarterly distribution of $0.105 exceeds the quarterly NII of $0.08 per share, suggesting potential strain on earnings coverage [1].

OXSQ's investment portfolio remained relatively static during Q2, with only $233,000 in repayments and no new purchases or sales. The company's debt investment yields improved slightly to 14.5% from 14.3%, while CLO equity yields declined to 8.8% from 9.0%. Notably, the cash distribution yield on CLO equity investments fell significantly to 13.8% from 15.5% in the previous quarter [1].

The company raised approximately $11.6 million through its at-the-market offering program, issuing 4.9 million shares, which resulted in a 9.3% dilution during the quarter [1]. The company's market value performance was particularly weak, with a 10.49% negative return based on share price during the quarter, significantly underperforming the 3.59% positive return based on NAV [1].

Despite these challenges, Oxford Square Capital Corp. continues to operate with a focus on its core investment strategies. The company will hold a conference call to discuss its second quarter results on August 7, 2025, at 9:00 AM ET [1].

References:
[1] https://www.stocktitan.net/news/OXSQ/oxford-square-capital-corp-announces-net-asset-value-and-selected-4cfkiww1yq9p.html
[2] https://finance.yahoo.com/news/oxford-square-capital-corp-announces-120000241.html
[3] https://seekingalpha.com/news/4481297-oxford-square-capital-gaap-nii-of-008-tii-of-952m