Oaktree Specialty Lending: A Challenging Q4 As High Debt Servicing Costs Drive Non-Accruals [Seeking Alpha]
Oaktree Specialty Lending Corporation - Closed End Fund (OCSL)
Last oaktree specialty lending corporation - closed end fund earnings: 2/6 06:00 am
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US:NASDAQ Investor Relations:
oaktreespecialtylending.com
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Source: Seeking Alpha
OCSL's portfolio is primarily focused on secured loans, with overweights in the software and healthcare sectors. The company's net new investments were robust, but the portfolio weighted average yield fell due to non-accruals and credit spread compression. We downsized our allocation to the stock prior to the earnings release and would look to add back once a sizable valuation discount to the sector opens up. I do much more than just articles at Systematic Income: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » In this article, we catch up on the latest quarterly results of Oaktree Specialty Lending Corp ( NASDAQ: OCSL ). OCSL had a disappointing quarter, though it still eked out a positive total NAV return. A combination of rising debt service costs and idiosyncratic issues drove a number of new non-accruals, which were a key headwind to both the NAV and net income. OCSL is primarily focused on secured loans, with a low allocati
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OCSL
News
- Oaktree Specialty Lending Co. (NASDAQ: OCSL) had its price target lowered by analysts at JPMorgan Chase & Co. from $21.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- Should You Hold Oaktree Specialty Lending Corporation (OCSL)? [Yahoo! Finance]Yahoo! Finance
- Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for April 30, 2024 [Yahoo! Finance]Yahoo! Finance
- Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for April 30, 2024GlobeNewswire
- Oaktree Specialty Lending Co. (NASDAQ: OCSL) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $21.00 price target on the stock.MarketBeat
OCSL
Earnings
- 2/1/24 - Miss
OCSL
Sec Filings
- 3/5/24 - Form 8-K
- 2/14/24 - Form 4
- 2/1/24 - Form 8-K
- OCSL's page on the SEC website