Oxford Lane Capital Corp. focuses on investing in U.S. collateralized loan obligations (CLOs), which are financing vehicles that pool and securitize a diversified portfolio of primarily senior secured first lien leveraged loans issued by U.S. companies. The company generates revenue through the management and investment in these CLOs, utilizing proceeds from debt and equity tranches to acquire loan assets. Its customer base includes institutional investors seeking exposure to leveraged loans and CLO structures, primarily within the U.S. market.