Oxford Square Capital (NASDAQ:OXSQ) & AllianceBernstein Global High Income Fund (NYSE:AWF) Head to Head Review

Institutional and Insider Ownership

6.4% of Oxford Square Capital shares are held by institutional investors. 1.0% of AllianceBernstein Global High Income Fund shares are held by company insiders. Comparatively, 10.4% of Oxford Square Capital shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares AllianceBernstein Global High Income Fund and Oxford Square Capital’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
AllianceBernstein Global High Income Fund	N/A	N/A	N/A
Oxford Square Capital	-10.48%	18.58%	9.76%

Earnings & Valuation

This table compares AllianceBernstein Global High Income Fund and Oxford Square Capital”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
AllianceBernstein Global High Income Fund	N/A	N/A	N/A	N/A	N/A
Oxford Square Capital	$51.82 million	3.50	$17.24 million	($0.10)	-26.70

Oxford Square Capital has higher revenue and earnings than AllianceBernstein Global High Income Fund.

Risk and Volatility

AllianceBernstein Global High Income Fund has a beta of 0.8, meaning that its share price is 20% less volatile than the S&P 500. Comparatively, Oxford Square Capital has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500.

Dividends

AllianceBernstein Global High Income Fund pays an annual dividend of $0.79 per share and has a dividend yield of 7.3%. Oxford Square Capital pays an annual dividend of $0.42 per share and has a dividend yield of 15.7%. Oxford Square Capital pays out -420.0% of its earnings in the form of a dividend.

Summary

Oxford Square Capital beats AllianceBernstein Global High Income Fund on 8 of the 9 factors compared between the two stocks.

About AllianceBernstein Global High Income Fund

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of JPMorgan Government Bond Index-Emerging Markets, JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. It was previously known as Alliance World Dollar Government Fund II, Inc. AllianceBernstein Global High Income Fund was formed on May 20, 1993 and is domiciled in the United States.

About Oxford Square Capital

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. Oxford Square Capital Corp., formerly known as TICC Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.