Oaktree Specialty Lending: Concern About Further Cuts In Distributions

2025-07-23 20:05:17 ET

I rate Oaktree Specialty Lending Corporation (OCSL) a Hold, for income focused investors interested in investing in business development companies (BDCs). The BDC stock price is down -19.92% over the past 12 months, creating a relatively high yield of 11.25% annually on distributions. At the end of 2024, the fund cut the quarterly distribution by -27% going from $0.55 to $0.40 per share. While I do consider OCSL a quality BDC, the earnings decline over the last few quarters is concerning creating a lack of confidence, in my view, for the company to achieve the annual goals....

Read the full article on Seeking Alpha

For further details see: