🔴 CLO-focused fund (OXLC) is trading 15.18% down in pre-market after NAV fell to $9.95

OXLC is trading at $5.53, down 15.18%, after reporting a sharp September-quarter NAV decline and portfolio losses. - NAV was $9.95 per share, down from $10.74 in June. - The quarter included $22.6 million in realized losses and $43.8 million in unrealized depreciation; results were released before the open on November 5.