Oxford Square Capital Corp. operates in the financial sector as a Business Development Company (BDC) focused on structured credit investments and financing for U.S. middle-market companies.
The firm provides capital to private businesses while offering investors exposure to diversified corporate debt instruments and structured credit assets.
Its investment activities include:
• Senior secured corporate loans to middle-market companies.
• Second-lien and mezzanine debt financing.
• Collateralized Loan Obligation (CLO) tranches within structured credit portfolios.
• Corporate credit investments designed to generate risk-adjusted income.
Oxford Square Capital’s portfolio is composed primarily of corporate debt instruments and CLO investments, providing exposure to a wide range of industries across the U.S. economy.
As a BDC, the company operates under regulatory requirements that require the distribution of most taxable income to shareholders, enabling investors to access private credit markets through a publicly traded structure.
The company operates primarily in the United States, with performance influenced by factors such as interest rate cycles, credit market liquidity, corporate performance in the middle market and regulatory conditions affecting BDCs.
Oxford Square Capital is externally managed by Oxford Square Management, which oversees portfolio construction, credit analysis, investment execution and risk monitoring.
Oxford Square Capital Corp. trades on the Nasdaq under the ticker OXSQ.
History and Development
Oxford Square Capital Corp. was founded in 2003 in the United States, originally operating under the name TICC Capital Corp., with the objective of investing in corporate credit and providing financing to middle-market companies.
In its early years, the company built a diversified portfolio of corporate debt and structured credit instruments while expanding its presence in the growing private credit market.
The firm completed its initial public offering (IPO) in 2003, gaining access to public capital markets to support portfolio growth and investment diversification.
Throughout the 2000s and 2010s, the company increased its exposure to senior secured corporate loans and CLO investments, strengthening its role in the structured credit segment.
In 2018, the company adopted the name Oxford Square Capital Corp., reflecting its long-term strategy focused on corporate credit and structured finance investments.
In recent years, the firm has continued to adjust its portfolio in response to changing credit market conditions, including interest rate fluctuations, economic cycles and shifts in corporate financing demand.