Oaktree Specialty Lending... (OCSL)

The current market environment suggests a potential recession, leading investors to favor durable and income-producing assets. BDCs and REITs are likely to be among the key beneficiaries here. However...

Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture...

Two high-yield stocks just slashed their dividends—but that might be the best thing that ever happened to them. Insiders are loading up, and the market is mispricing these recovery plays with massive ...

Oaktree Specialty Lending offers an attractive value proposition due to its valuation, portfolio strategy, and yield, despite having a high non-accrual percentage. OSCL cut its dividend by 27.3% last ...

The stock market has been ugly (particularly growth stocks), and it could get much worse. Thankfully, however, there is another way. Income investing focuses on big, steady dividend and interest payme...

As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cas...

Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll loo...

Oaktree Specialty Lending Corporation faced a decline in net asset value and net investment income due to investment write-downs and high non-accruals. The company cut its dividend by 27% to address t...

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 underperformed this week with a total retur...

In a November 2024 article, I made a case that we will see Oaktree Specialty Lending cutting its dividend quite soon. This has now happened. The base dividend has dropped by ~27%. The base dividend co...