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<!-- Generated by CompSci Transform (tm) - http://www.compsciresources.com -->
<!-- Created: Fri Nov 01 16:15:41 UTC 2024 -->
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    <loc xlink:type="locator" xlink:label="oxlc_SixPointSeventyFivePercentageSeriesTwoThousandTwentyFourTermPreferredSharesMember" xlink:href="oxlc-20240930.xsd#oxlc_SixPointSeventyFivePercentageSeriesTwoThousandTwentyFourTermPreferredSharesMember"/>
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    <loc xlink:type="locator" xlink:label="oxlc_SixPointTwentyFivePercentageSeriesTwoThousandTwentySevenTermPreferredSharesMember" xlink:href="oxlc-20240930.xsd#oxlc_SixPointTwentyFivePercentageSeriesTwoThousandTwentySevenTermPreferredSharesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="oxlc_SixPointTwentyFivePercentageSeriesTwoThousandTwentySevenTermPreferredSharesMember_lbl" xml:lang="en-US">6.25% Series 2027 Term Preferred Shares [Member]</label>
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    <loc xlink:type="locator" xlink:label="oxlc_SixPercentageSeriesTwoThousandTwentyNineTermPreferredSharesMember" xlink:href="oxlc-20240930.xsd#oxlc_SixPercentageSeriesTwoThousandTwentyNineTermPreferredSharesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="oxlc_SixPercentageSeriesTwoThousandTwentyNineTermPreferredSharesMember_lbl" xml:lang="en-US">6.00% Series 2029 Term Preferred Shares [Member]</label>
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    <loc xlink:type="locator" xlink:label="oxlc_SevenOneTwoFiveSeriesTwoZeroTwonineTermPreferredSharesMember" xlink:href="oxlc-20240930.xsd#oxlc_SevenOneTwoFiveSeriesTwoZeroTwonineTermPreferredSharesMember"/>
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    <loc xlink:type="locator" xlink:label="oxlc_SevenPointOneTwentyFivePercentageSeriesTwoThousandTwentyNineTermPreferredSharesMember" xlink:href="oxlc-20240930.xsd#oxlc_SevenPointOneTwentyFivePercentageSeriesTwoThousandTwentyNineTermPreferredSharesMember"/>
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    <loc xlink:type="locator" xlink:label="oxlc_RepurchaseAgreementMember" xlink:href="oxlc-20240930.xsd#oxlc_RepurchaseAgreementMember"/>
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    <loc xlink:type="locator" xlink:label="oxlc_RisksRelatingToOurBusinessAndStructureMember" xlink:href="oxlc-20240930.xsd#oxlc_RisksRelatingToOurBusinessAndStructureMember"/>
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