Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Eagle Point Credit Management LLC

2. Date of Event Requiring Statement (MM/DD/YYYY) 3/16/2021

3. Issuer Name and Ticker or Trading Symbol

Oxford Lane Capital Corp. [NONE]

(Last) (First) (Middle)

600 STEAMBOAT ROAD, SUITE 202

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director ___X___ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

GREENWICH, CT 06830

(City) (State) (Zip)

5. If Amendment, Date Original Filed(MM/DD/YYYY)

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
6.75% Notes due 2031	$23785875	I ⁽¹⁾	See footnote
Preferred Stock, $0.01 par value per share	21994	D ⁽²⁾
Preferred Stock, $0.01 par value per share	782357	I ⁽³⁾	See footnote

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:
(1)	See Remarks.
(2)	See Remarks.
(3)	See Remarks.

Remarks:
1. The 6.75% Notes due 2031 ("Notes") described herein are directly owned by certain private investment funds (the "Funds") and certain separately-managed client accounts (the "Accounts"). Eagle Point Credit GP I LP and Eagle Point DIF GP I LLC (together, the "General Partners") serve as general partner to one or more of the Funds. Accordingly, the General Partners could be deemed to have an indirect pecuniary interest in the securities held by the Fund(s) for which they serve as general partner. Eagle Point Credit Management LLC ("EPCM") serves as investment manager to the Accounts and, due to the nature of the advisory relationship, could be deemed to have an indirect pecuniary interest in the securities held by each of the Accounts. Eagle Point Holdings LP ("EP Holdings") is the parent company of each of the General Partners and EPCM. Thomas P. Majewski has certain economic rights with respect to EP Holdings (and EPCM) that could be deemed to give rise to an indirect pecuniary interest in the securities held by the Funds and the Accounts.
2. Thomas P. Majewski directly owns the preferred stock par value $0.01 per share ("Preferred Stock") in his personal capacity. None of the other Reporting Persons has a pecuniary interest in these securities.
3. The Preferred Stock is directly owned by the Funds. Accordingly, for the reasons described above in footnote 1, the General Partners and Mr. Majewski could be deemed to have an indirect pecuniary interest in the Preferred Stock.
Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (except, with respect to Mr. Majewski, to the extent of his direct pecuniary interest therein) and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Eagle Point Credit Management LLC 600 STEAMBOAT ROAD, SUITE 202 GREENWICH, CT 06830		X
Majewski Thomas P. 600 STEAMBOAT ROAD, SUITE 202 GREENWICH, CT 06830		X
Eagle Point Credit GP I LP 600 STEAMBOAT ROAD, SUITE 202 GREENWICH, CT 06830		X
Eagle Point DIF GP I LLC 600 STEAMBOAT ROAD, SUITE 202 GREENWICH, CT 06830		X

Signatures
/s/ Kenneth P. Onorio, Chief Financial Officer of each of Eagle Point Credit Management LLC, Eagle Point DIF GP I LLC and Eagle Point Credit GP I LP		3/26/2021
^**Signature of Reporting Person		Date
s/ Thomas P. Majewski		3/26/2021
^**Signature of Reporting Person		Date