Risks and Other Considerations

Oxford Park Income Fund, Inc. (the “Fund”) is a non-diversified closed-end management investment company that has registered as an investment company under the 1940 Act. The Fund’s investment objective is to maximize its portfolio’s risk-adjusted total return.

Not FDIC Insured | No Bank Guarantee | May Lose Value

Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment, and that you may lose part or all of your investment. This is neither an offer to sell nor a solicitation to purchase any security. This website does not purport to be complete or to contain all of the information you may desire. Information contained hereon about an investment in the Fund is preliminary.

Investors should carefully consider the investment objectives, risks, sales charges and expenses of the Fund. This and other important information about the Fund is contained in the prospectus. The SEC also maintains a website at http://www.sec.gov that contains such information. The prospectus should be read carefully before investing. Past performance is not a guarantee of future results.

The Fund is a closed-end tender offer fund, the shares have no history of public trading, nor is it intended that the shares will be listed on a public exchange at this time. No secondary market is expected to develop for the Fund’s shares. Limited liquidity is provided to shareholders only through the Fund’s quarterly repurchase offers for no less than 5% of the Fund’s shares outstanding at net asset value and is subject to quarterly approval by the Board of Directors. The Board of Directors has complete discretion to determine whether the Fund will engage in any share repurchase, and if so, the terms of such repurchase. There is no guarantee that shareholders will be able to sell all of the shares they desire in a quarterly repurchase offer. Quarterly repurchases by the Fund of its shares typically will be funded from available cash or sales of portfolio securities. The sale of securities to fund repurchases could reduce the market price of those securities, which in turn would reduce the Fund’s NAV. The Fund is suitable only for investors who can bear the risks associated with the limited liquidity of the Fund and should be viewed as a long-term investment.

The ability of the Fund to achieve its investment objective depends, in part, on the ability of Oxford Park Management, LLC (the “Adviser”) to allocate effectively the assets of the Fund among the various available investment opportunities. There can be no assurance that the actual allocations will be effective in achieving the Fund’s investment objective or delivering positive returns. There is no guarantee that the Fund’s investment strategies will work under all market conditions. Historical information is not indicative of future results, and any historical information on this website should not be viewed as an indicator of any future performance that may be achieved.

Please note that any performance data relating to various indices included hereon is for informational purposes only. You cannot invest directly in an index. Index performance does not represent actual fund or portfolio performance. Performance of a fund or portfolio may differ significantly from the performance of index holding the same securities. Index performance assumes reinvestment of dividends but does not reflect any management fees, transaction costs or other expenses that would be incurred by a fund or portfolio, or brokerage commissions on transactions in fund shares. Such fees, expenses, and commissions would likely reduce returns.

Investors in the Fund should understand that the NAV of the Fund will fluctuate, which means the value of your shares at any point in time may be worth less than the value of your original investment, even after considering any reinvestment of dividends and distributions. An investment in shares represents an indirect investment in the securities owned by the Fund. The value of these securities, like other market investments, may move up or down, sometimes rapidly and unpredictably. The Fund is “non-diversified” under the Investment Company Act of 1940 and therefore may invest more than 5% of its total assets in the securities of one or more issuers. As such, changes in the financial condition or market value of a single issuer may cause a greater fluctuation in the Fund’s NAV than in a “diversified” fund. The Fund is not intended to be a complete investment program.

The Fund will focus on investments in equity and floating rate junior debt tranches issued by collateralized loan obligation (“CLO”) vehicles, and to a lesser extent warehouse facilities and corporate credits, each of which are exposed to interest rate risk. Substantial increases in interest rates may cause an increase in loan defaults and the value of the Fund’s assets may also be affected by other uncertainties such as economic developments affecting the market for senior secured term loans or uncertainties affecting borrowers generally. The interests of the CLO securities in which the Fund invests are subject to a high degree of special risks, including but not limited to: CLO structures are highly complicated and may be subject to disadvantageous tax treatment; CLO vehicles are highly levered (with CLO equity securities typically being leveraged between nine and thirteen times) and are made up of below investment grade loans in which the Fund typically has a residual interest that is much riskier than the loans that make up the CLO vehicle; the market price for CLO vehicles may fluctuate dramatically, which may make portfolio valuations unreliable and negatively impact the Fund’s NAV and the Fund’s ability to make distributions to its shareholders; the possibility that distributions from collateral will not be adequate to make interest or other payments; the quality of the collateral may decline in value or default; the Fund’s investments in CLOs are subordinate to other classes or tranches thereof; leverage increases the volatility of the Fund and magnifies the effect of defaults, or expected defaults, on the Fund’s investments and potential cash distributions; and the complex structure of the CLO investment may not be fully understood at the time of investment and may produce disputes with the issuer, holders of senior tranches or other unexpected investment results. In addition, the nature of the Fund’s investment strategy also subjects it to various risks, including credit risk (the debtor may default), liquidity risk (the investment may not be able to be sold at an advantageous time or price) and prepayment risk (the debtor may pay its obligation early, reducing the amount of interest payments). All potential investors should read the Risk Factors section of the prospectus for additional information related to the risks associated with an investment in the Fund. 

Securities offered through JCC Capital Markets, LLC (Member FINRA / SIPC). Oxford Park Income Fund, Inc. is not affiliated with JCC Capital Markets, LLC.

This material is provided for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product or be relied upon for any other purpose. Certain information contained herein has been obtained from sources deemed to be reliable but has not been independently verified. This material represents views as of its date and is subject to change without notice of any kind.