Oaktree Specialty Lending Corporation Announces Permanent Base Management Fee Reduction [Yahoo! Finance]
Oaktree Specialty Lending Corporation - Closed End Fund (OCSL)
Last oaktree specialty lending corporation - closed end fund earnings: 2/6 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
oaktreespecialtylending.com
Company Research
Source: Yahoo! Finance
Effective July 1, 2024, the base management fee will be reduced to an annual rate of 1.00% from 1.50% on gross assets, including any investments made with borrowings, but excluding any cash and cash equivalents. The new base management fee will be calculated net of the base management fees that Oaktree Fund Advisers, LLC (“Oaktree”), OCSL's investment adviser, waived as part of the merger of Oaktree Strategic Income II, Inc. into the Company (the “OSI2 Merger”), which expire on January 23, 2025. The new base management fee is expected to increase OCSL's net investment income per share by approximately $0.15 annually. This equates to an estimated 0.8% improvement in the Company's return on adjusted net investment income, representing a 7% increase from current levels. Armen Panossian, Chief Executive Officer and Chief Investment Officer of OCSL, said, “We believe this permanent change to our fee structure demonstrates Oaktree's strong commitment to aligning its interests with share
Show less
Read more
Impact Snapshot
Event Time:
OCSL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OCSL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OCSL alerts
High impacting Oaktree Specialty Lending Corporation - Closed End Fund news events
Weekly update
A roundup of the hottest topics
OCSL
News
- Oaktree Specialty Lending: Credit Issues Continue To Hold Back Performance [Seeking Alpha]Seeking Alpha
- Oaktree Specialty Lending: The Dividend May Be In Trouble (Downgrade) [Seeking Alpha]Seeking Alpha
- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Oaktree Cuts Fees on Private Credit Fund After Earnings Decline [Yahoo! Finance]Yahoo! Finance
- Oaktree Cuts Fees on Private Credit Fund After Earnings Decline [BNN Bloomberg (Canada)]BNN Bloomberg
OCSL
Earnings
- 4/30/24 - Miss
OCSL
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 3/5/24 - Form 8-K
- OCSL's page on the SEC website