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.

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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

New Mountain Finance

This article discusses dividend coverage for two BDCs currently yielding around 11% including supplemental dividends. We suggest one of these companies with a list of positives that investors should consider. One of the largest mistakes that BDC investors make is focusing on historical dividend coverage instead of projected dividend coverage which is heavily reliant on portfolio credit quality.

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

TCG BDC

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

Ares Capital

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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Horizon Technology Finance Corp Notes 2017-15.09.22

We take a look at the action in business development companies through the first week of June and highlight some of the key themes we are watching. BDCs had a strong week as the debt ceiling resolution supported risk sentiment. BDC screens can be useful in identifying opportunities but require care.

BDC Weekly Review: Take Care When Running BDC Screens

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We take a look at the action in business development companies through the fourth week of May and highlight some of the key themes we are watching. BDCs were up slightly this week, with a return dispersion of around 8%. Lots of BDCs are asking shareholders to approve their capacity to issue shares below the NAV.

BDC Weekly Review: Why Are BDCs Asking To Issue Shares Below NAV?

Oaktree Specialty Lending has an improving dividend coverage trend, despite originations dropping in 1Q-23. Portfolio quality took a hit in the last quarter, but the company said it views the increase in non-accrual ratio as temporary as it works out short-term solutions.

Oaktree Specialty Lending: Get An 11.9% Yield At A Discount To NAV

Oaktree Specialty Lending Corporation (NASDAQ:OCSL ) Q2 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Michael Mosticchio - Head of Investor Relations Matt Pendo - President Armen Panossian - Chief Executive Officer & Chief Investment Officer Chris McKown - Chief Financial Officer & Treasurer Matt Stewart - Chief Operating Officer Conference Call Participants Kevin Fultz - JMP Securities Erik Zwick - Hovde Group Ryan Lynch - KBW Melissa Wedel - JPMorgan Bryce Rowe - B. Riley Operator Welcome and thank you for joining Oaktree Specialty Lending Corporation Second Fiscal Quarter 2023 Conference Call.

Oaktree Specialty Lending Corporation (OCSL) Q2 2023 Earnings Call Transcript

Oaktree Specialty Lending (OCSL) came out with quarterly earnings of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.54 per share a year ago.

Oaktree Specialty Lending (OCSL) Meets Q2 Earnings Estimates

LOS ANGELES, May 04, 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 March 31, 2023.

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

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time

Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for May 4, 2023

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The massive beatdown in mortgage REITs and BDCs triggered a wave of upgrades. It was quite a while since we had so many bullish outlooks for the sector.

Big Opportunity For Big Yields

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We take a look at the action in business development companies through the third week of February and highlight some of the key themes we are watching. BDCs had a strong week, bouncing back due to continuing strong earnings.

BDC Weekly Review: Premium Valuations For Internally-Managed BDCs

We discuss quarterly results from the BDC Oaktree Specialty Lending Corp and highlight key income dynamics of the portfolio. OCSL delivered an 11% net income gain and raised its dividend once again.

Oaktree Specialty Lending: Another Quarter, Another Dividend Hike For This 10.9%-Yielding BDC

Oaktree Specialty Lending covered its dividend with adjusted net investment income in the December quarter. Credit quality remained perfect and the portfolio is growing.

Oaktree Specialty Lending: Best-Of-Breed BDC With A 10.7% Yield

WhiteHorse Finance

We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. BDCs had a rare off week, as most income sectors finished in the red.

BDC Weekly Review: BDCs Are Building Up Loan Loss Reserves

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We take a look at the action in business development companies through the first week of February and highlight some of the key themes we are watching. BDCs notched another good week with a 1% total return.

BDC Weekly Review: The Two Steps Of BDC Analysis

Oaktree Specialty Lending Corp has had a difficult run in recent years, but its future could be better than its past. Thanks to interest rate hikes, it is now possible to charge higher interest on loans than it was in the past.

Oaktree Specialty Lending: Getting Enticing

Oaktree Specialty Lending Corporation (NASDAQ:OCSL ) Q1 2023 Earnings Conference Call February 7, 2023 11:00 AM ET Company Participants Michael Mosticchio - Head of Investor Relations Matt Pendo - President Armen Panossian - Chief Executive Officer & Chief Investment Officer Chris McKown - Chief Financial Officer & Treasurer Matt Stewart - Chief Operating Officer Conference Call Participants Melissa Wedel - JPMorgan Bryce Rowe - B. Riley Kevin Fultz - JMP Securities Kyle Joseph - Jefferies Erik Zwick - Hovde Group Ryan Lynch - KBW Operator Welcome, and thank you for joining Oaktree Specialty Lending Corporation's First Fiscal Quarter 2023 Conference Call.

Oaktree Specialty Lending Corporation (OCSL) Q1 2023 Earnings Call Transcript

Oaktree Specialty Lending (OCSL) delivered earnings and revenue surprises of 10.91% and 3.93%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Oaktree Specialty Lending (OCSL) Surpasses Q1 Earnings and Revenue Estimates

LOS ANGELES, CA, Feb. 07, 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 December 31, 2022.

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

News for Oaktree Specialty Lending ETF (OCSL)