Oaktree Specialty Lending

Oaktree Specialty Lending Corp. is a specialty finance company, which engages in the provision of customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. Its portfolio include first lien, second lien, kemper jv, and equity. The company was founded on February 15, 2007 and is headquartered in Los Angeles, CA.

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Oaktree Specialty Lending navigates challenges, eyes strategic opportunities ahead

Oaktree Specialty Lending faced challenges in Q3 2024 with a slight decline in adjusted NII and increased nonaccruals, yet maintained strong liquidity and a selective investment strategy. The company remains optimistic about future investment opportunities.

Oaktree Specialty Lending (OCSL) reports stable earnings and strategic growth

Oaktree Specialty Lending (OCSL) delivered stable financial performance in Q4 2024, with a strong full-year fiscal 2024 outcome.
The company showcased financial strength with a healthy balance sheet, robust investment activity, and a well-diversified portfolio.
Challenges lie in navigating market uncertainties and addressing analyst concerns, while opportunities abound in seizing new investments and optimizing performance.
With a strategic leadership update and key investments, OCSL is poised to leverage its strengths and capitalize on emerging opportunities.

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Oaktree Specialty Corporation could benefit from lower funding rates in the coming quarters. The fund's emphasis on secular industries will likely sustain investment premiums, lending an opportunity for arbitrage if funding rates taper. Higher cash-based yields have occurred in recent quarters. Moreover, we believe lower nominal yields will mark up Oaktree's asset base, in turn realigning its NAVPS.

Oaktree Specialty Lending: Very, Very Bullish Here

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It is possible to build a high yield portfolio and substantially beat the market (S&P 500) on total return. Aggressive yield growth is possible for even a high yield portfolio. A quality high yield portfolio does not shrink but can grow your principal beyond inflation.

9% Yielding Portfolio To Crush The Market

Howard Marks discusses the importance of understanding market cycles and how they impact investment decisions. Oaktree Specialty Lending is an 11% dividend-yielding fund that emphasizes the significance of increasing credit spreads as an indicator of future profitability. OCSL saw yields well above the current 11% yield in the last GFC with an elevated share price to boot.

Oaktree Specialty Lending: An 11% Yield That Feeds On Pain

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Long term treasury yields are rising, creating income opportunities in 10 and 30 year bonds. Individual stocks in sectors like pipelines, REITs, and non-bank lenders offer even higher yields than treasuries. It might seem easy to just buy treasuries and call it a day but there are high yield stocks that give treasuries a run for their money.

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Better 10%+ Yield: Blue Owl Capital Corp Or Oaktree Specialty Lending?

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time         LOS ANGELES, CA, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) today announced that it will report its financial results for the fourth fiscal quarter and full year ended September 30, 2023 before the opening of the Nasdaq Global Select Market on Tuesday, November 14, 2023.

Oaktree Specialty Lending Corporation Schedules Fourth Fiscal Quarter and Full Year 2023 Earnings Conference Call for November 14, 2023

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High-yield stocks are currently more attractive than tech stocks because tech stocks rallied this year on no growth, while banks fell on very high growth and energy flatlined. Today you can find stocks with very high yields, whose payouts are nevertheless very well covered by free cash flow. I explore three quality dividend stocks with yields between 7% and 22%.

3 Great Dividend Stocks Yielding 7% To 22%

Oaktree Specialty Lending is a well-performing BDC that continues to generate healthy dividends despite economic volatility. OCSL has a strong track record of generating shareholder returns and has a low non-accrual rate. The stock currently yields an attractive 11% and trades at a slight premium to NAV, making it a good option for income investors.

Oaktree Specialty Lending: Great 11% Yield For Income Investors

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American stocks have done well this year, with the S&P 500 and the Nasdaq 100 indices rising by double digits. Inflation has stabilised slightly above 3% while yield is everywhere.

3 BDC stocks with over 9% dividend yields to buy

Oaktree Specialty Lending offers a high 11% yield and has the potential for future growth due to high interest rates. The company is not affected by inverted yield curves and can pass on wide spreads to investors through dividends. Oaktree's loans are mostly floating rates, so the company can benefit from rate hikes.

Oaktree Specialty Lending: Now's The Time To Get Interested

Oaktree Specialty Lending Corporation offers a solid 11% yield, but the stock is currently not a buy. The BDC experienced a decline in credit quality in the second quarter but still managed to cover its dividend easily. The discount to net asset value has disappeared, and Oaktree Specialty Lending now sells at a 2% premium.

Oaktree Specialty Lending: Solid 11% Yield, But Don't Chase (Downgrade)

Oaktree Specialty Lending is a private credit actor with $179 billion AuM, with a flexible investment strategy. OCSL focuses on first lien loans but also holds a mix of second lien loans, mezzanine, unsecured debt, preferred equity, and equity co-investments. OCSL sees market opportunities in non-sponsored lending, sponsor-related financings, opportunistic private credit, and depressed public credit.

Oaktree Speciality Lending: Portfolio Diversifier Yielding 11%

LOS ANGELES, CA, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“OCSL” or the “Company”), a specialty finance company, today announced that it has priced an underwritten public offering of $300.0 million aggregate principal amount of 7.100% notes due 2029. The notes will mature on February 15, 2029 and may be redeemed in whole or in part at the Company's option at any time at par plus a “make-whole” premium, if applicable.

Oaktree Specialty Lending Corporation Prices Public Offering of $300,000,000 7.100% Notes due 2029

Oaktree Specialty Lending Corporation (NASDAQ:OCSL ) Q3 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Michael Mosticchio - Head, Investor Relations Armen Panossian - Chief Executive Officer and Chief Investment Officer Matt Pendo - President Chris McKown - Chief Financial Officer and Treasurer Matt Stewart - Chief Operating Officer Conference Call Participants Erik Zwick - Hovde Group Melissa Wedel - JPMorgan Bryce Rowe - B. Riley Ryan Lynch - KBW Kyle Joseph - Jefferies Operator Welcome and thank you for joining Oaktree Specialty Lending Corporation's Third Fiscal Quarter 2023 Conference Call.

Oaktree Specialty Lending Corporation (OCSL) Q3 2023 Earnings Call Transcript

The headline numbers for Oaktree Specialty Lending (OCSL) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Oaktree Specialty Lending (OCSL) Q3 Earnings: A Look at Key Metrics

Oaktree Specialty Lending (OCSL) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.51 per share a year ago.

Oaktree Specialty Lending (OCSL) Q3 Earnings Miss Estimates

LOS ANGELES, CA, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its financial results for the fiscal quarter ended June 30, 2023.

Oaktree Specialty Lending Corporation Announces Third Fiscal Quarter 2023 Financial Results and Declares Distribution of $0.55 Per Share

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Oaktree Or New Mountain For Solid 11% Yield?

We recently topped up our allocation to Oaktree Specialty Lending Corporation on the back of three key reasons. These reasons have to do with the stock's valuation, its significant upside potential and its higher-quality portfolio - an asset in a weak macro environment. We pared down our allocation to another BDC, Carlyle Secured Lending Inc., to rotate to Oaktree Specialty Lending Corporation.

Oaktree Specialty Lending: Topping Up Our Position In This 11.5% Yielding BDC

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We take a look at the action in business development companies through the last week of June and highlight some of the key themes we are watching. BDCs had a good week, capping off a great June with a 6% rally. Our view remains that the opportunity from additional lending due to potential regional bank pullback is less than commonly advertised.

BDC Weekly Review: Opportunity From Regional Bank Pullback Less Than Advertised

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time LOS ANGELES, CA, June 29, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) today announced that it will report its financial results for the third fiscal quarter ended June 30, 2023 before the opening of the Nasdaq Global Select Market on Thursday, August 3, 2023.

Oaktree Specialty Lending Corporation Schedules Third Fiscal Quarter Earnings Conference Call for August 3, 2023

Growing 11+% Yields For Retirement: Ares Capital And Oaktree Specialty Lending

Business Development Companies (BDCs) offer high income flows for investors by pooling money and investing in small and medium-sized companies, often with high interest rates on loans. Oaktree Specialty Lending Corporation is a BDC with a $3.2 billion investment portfolio, providing investors with strong income and decent growth since 2007. OCSL's diverse portfolio, growing dividend, and disciplined management make it a solid BDC for income-oriented investors, despite potential risks from economic decline or rising interest rates.

Oaktree Specialty Lending Corporation: Look No Further For A Best-In-Class BDC

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News for Oaktree Specialty Lending ETF (OCSL)