How does Oxford Square Capital's NAV performance compare to its peers in the asset‑management sector?
Answer
Based on the press‑release you provided, Oxford Square Capital Corp. (NASDAQ: OXSQ) announced its net‑asset‑value (NAV) and selected financial results for the quarter ended June 30 2025, together with a declaration of cash‑distribution dates for the last three months of 2025. However, the release does not include the actual NAV figure for the quarter, nor does it supply any data on how that NAV has changed relative to previous periods or relative to other asset‑management firms.
Because the specific NAV number (or its percentage change) is missing, we cannot directly compare Oxford Square’s NAV performance to that of its peers in the broader asset‑management sector from this single news item alone. Below is a structured outline of what a full comparison would normally involve, and what you can do to obtain the needed information.
1. What the news tells us
| Item from the release | Information provided |
|---|---|
| Company | Oxford Square Capital Corp. (OXSQ) |
| Date of release | August 7 2025 (quarter ended June 30 2025) |
| Content | Announcement of NAV, selected financial results, and upcoming cash‑distribution dates (Oct 31, Nov 30, Dec 31 2025). |
| Missing data | The actual NAV amount, the NAV growth rate (e.g., YoY or QoQ), and any benchmark or peer‑group reference. |
2. How NAV performance is usually benchmarked in the asset‑management industry
| Metric | Typical peer‑comparison approach |
|---|---|
| NAV growth (percentage) | Compare quarterly or year‑over‑year NAV change to the average NAV change of comparable closed‑end funds, mutual funds, or ETFs in the same asset class (e.g., U.S. equity, global credit, etc.). |
| Total return (NAV + distributions) | Add cash distributions to NAV change to get a “total return” figure, then compare that to peer total‑return indices (e.g., Bloomberg Barclays US Aggregate, MSCI World Index, or sector‑specific closed‑end fund indices). |
| Expense ratio vs. peers | Lower expense ratios can help NAV appreciation; compare OXSQ’s expense ratio to those of similar funds. |
| Portfolio composition | If OXSQ’s NAV is driven by a particular sector (e.g., high‑yield credit), compare its sector‑weight performance to sector‑weighted peers. |
3. What you need to complete the comparison
Oxford Square’s NAV figure – Find the exact NAV per share (or per $1 million of assets) reported for the June 30 2025 quarter. This is typically disclosed in the “Quarterly Financial Results” section of the press release or in the accompanying SEC filing (e.g., Form N‑CSR or Form 8‑K).
NAV change – Determine the percentage change from:
- The prior quarter (Q2 2025 vs. Q1 2025)
- The same quarter in the prior year (Q2 2025 vs. Q2 2024)
Peer data – Gather NAV or total‑return data for a set of comparable closed‑end funds or asset‑management vehicles. Sources include:
- Bloomberg or Thomson Reuters fund databases
- Morningstar’s “Closed‑End Fund” or “Mutual Fund” performance screens
- Industry index providers (e.g., S&P Closed‑End Fund Index)
Benchmark – Choose an appropriate benchmark (e.g., S&P 500, Bloomberg Barclays US Aggregate) to contextualize whether the NAV movement reflects market‑wide trends or manager‑specific skill.
4. Example of a “what‑if” comparison (illustrative only)
| Fund | NAV Q2 2025 | NAV Q1 2025 | QoQ NAV change | NAV Q2 2024 | YoY NAV change |
|---|---|---|---|---|---|
| Oxford Square (OXSQ) | $10.45 | $10.12 | +3.3 % | $9.80 | +6.6 % |
| Peer A (Closed‑End, US Equity) | $12.30 | $12.00 | +2.5 % | $11.70 | +5.1 % |
| Peer B (Closed‑End, Global Credit) | $8.90 | $8.70 | +2.3 % | $8.55 | +4.1 % |
Interpretation (illustrative): In this hypothetical scenario, OXSQ’s QoQ NAV growth (+3.3 %) outperforms Peer A (+2.5 %) and Peer B (+2.3 %). Its YoY growth (+6.6 %) also exceeds the peers, suggesting stronger asset‑level performance or more favorable distribution policies.
Caveat: The numbers above are invented for illustration only. You will need the actual NAV data from OXSQ’s release and the corresponding peer figures to conduct a factual comparison.
5. How to obtain the missing NAV data
- SEC filings: Look up OXSQ’s latest Form N‑CSR (quarterly report) or Form 8‑K on the SEC’s EDGAR system. These filings always list the NAV per share (or per $1 million of assets) and the change from the previous reporting period.
- Company website: The “Investor Relations” section often posts a PDF of the quarterly results, which includes a NAV table.
- Financial data platforms: Bloomberg, FactSet, or Morningstar will have OXSQ’s NAV and total‑return metrics if the fund is covered.
6. Bottom‑line answer to your question
From the information provided in the August 7 2025 press release, we cannot determine how Oxford Square Capital’s NAV performance compares to its peers, because the release does not disclose the NAV amount or its change. To make a meaningful comparison, you’ll need to retrieve the actual NAV figure (and its percentage change) from OXSQ’s detailed quarterly filing and then benchmark it against comparable closed‑end funds or asset‑management peers using the steps outlined above.
If you can locate the specific NAV number (or a link to the full quarterly results), feel free to share it and I can help you run a concrete peer‑comparison analysis.