<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Eagle Point Credit Management LLC -->
          <cik>0001607203</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>3</amendmentNo>
      <securitiesClassTitle>Preferred Shares</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/31/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001495222</issuerCik>
        <issuerName>Oxford Lane Capital Corp.</issuerName>
        <issuerCusips>
          <issuerCusipNumber>MULTIPLES</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>8 Sound Shore Drive, Suite 255</com:street1>
          <com:city>Greenwich</com:city>
          <com:stateOrCountry>CT</com:stateOrCountry>
          <com:zipCode>06830</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Eagle Point Credit Management LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1807711.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1807711.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1807711.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>16.20</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Thomas Philip Majewski</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>5500.00</soleVotingPower>
        <sharedVotingPower>1807711.00</sharedVotingPower>
        <soleDispositivePower>5500.00</soleDispositivePower>
        <sharedDispositivePower>1807711.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1813211.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>16.24</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Oxford Lane Capital Corp.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>8 Sound Shore Drive, Suite 255, Greenwich, CT 06830</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Eagle Point Credit Management LLC
Thomas Philip Majewski

This Schedule 13G is jointly filed pursuant to a Joint Filing Agreement attached hereto as Exhibit A by (i) Eagle Point Credit Management LLC ("EPCM"), a Delaware limited liability company, and (ii) Thomas Philip Majewski ("Mr. Majewski"), a United States citizen (the "Reporting Persons").</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>600 Steamboat Road, Suite 202
Greenwich, CT 06830</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Organized in the State of Delaware</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>Eagle Point Credit Management LLC: 1,807,711 shares
Thomas Philip Majewski: 1,813,211 shares

Collectively, the Reporting Persons may be deemed to beneficially own 1,813,211 shares of the outstanding preferred stock of Oxford Lane Capital Corp. ("Preferred Shares")</amountBeneficiallyOwned>
        <classPercent>Eagle Point Credit Management LLC: 16.20%
Thomas Philip Majewski: 16.24%

Collectively, the Reporting Persons may be deemed to beneficially own approximately 16.24% of the total outstanding Preferred Shares.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>Eagle Point Credit Management LLC (1): 1,807,711 shares
Thomas Philip Majewski (2): 5,500 shares

(1) Eagle Point Credit Management LLC ("EPCM") acts as investment manager to certain private funds and certain separately managed accounts (collectively, the "Accounts"), which hold the Preferred Shares. Pursuant to an investment management agreement between EPCM and each Account, EPCM has discretionary investment authority and voting power with respect to the Preferred Shares held by the Accounts. Thus, EPCM could be deemed to have the sole power to vote and dispose or direct the disposition of such Preferred Shares.

(2) Mr. Majewski directly holds these Preferred Shares and thus has the sole power to vote and dispose or direct the disposition of such Preferred Shares.</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>Eagle Point Credit Management LLC: 0 shares
Thomas Philip Majewski (3): 1,807,711 shares

(3) As managing partner and portfolio manager for EPCM, Mr. Majewski has the ability to exercise investment discretion over the Accounts. Thus, he could be deemed to share the power to vote and dispose or direct the disposition of the Preferred Shares held by the Accounts.</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>Eagle Point Credit Management LLC (1): 1,807,711 shares
Thomas Philip Majewski (2): 5,500 shares

(1) Eagle Point Credit Management LLC ("EPCM") acts as investment manager to certain private funds and certain separately managed accounts (collectively, the "Accounts"), which hold the Preferred Shares. Pursuant to an investment management agreement between EPCM and each Account, EPCM has discretionary investment authority and voting power with respect to the Preferred Shares held by the Accounts. Thus, EPCM could be deemed to have the sole power to vote and dispose or direct the disposition of such Preferred Shares.

(2) Mr. Majewski directly holds these Preferred Shares and thus has the sole power to vote and dispose or direct the disposition of such Preferred Shares.</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>Eagle Point Credit Management LLC: 0 shares
Thomas Philip Majewski (3): 1,807,711 shares

(3) As managing partner and portfolio manager for EPCM, Mr. Majewski has the ability to exercise investment discretion over the Accounts. Thus, he could be deemed to share the power to vote and dispose or direct the disposition of the Preferred Shares held by the Accounts.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit A

Joint Filing Agreement

We, the undersigned, hereby express our agreement that the attached Schedule 13G is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This agreement may be terminated with respect to the obligations to jointly file future amendments to such statement on Schedule 13G as to any of the undersigned upon such person giving written notice thereof to each of the other persons signatory hereto, at the principal office thereof.

Dated: May 4, 2026

EAGLE POINT CREDIT MANAGEMENT LLC

By: /s/ Courtney Fandrick
Name: Courtney Fandrick
Title: Chief Compliance Officer

THOMAS PHILIP MAJEWSKI

By: /s/ Thomas P. Majewski
Name: Thomas P. Majewski

All other materials which may be required to be filed as exhibits have been incorporated by reference herein.</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Eagle Point Credit Management LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Courtney Fandrick</signature>
        <title>Courtney Fandrick, Chief Compliance Officer</title>
        <date>05/04/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Thomas Philip Majewski</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Thomas P. Majewski</signature>
        <title>Thomas P. Majewski</title>
        <date>05/04/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
