Oaktree Specialty Lending (OCSL)

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Oaktree Specialty Lending: A Solid 11% Yield To Boost Your Income
Seeking Alpha· 2024-05-12 06:27
ryasick Oaktree Specialty Lending (NASDAQ:OCSL) suffered weakness in its dividend coverage metrics for the quarter ending March. While the decline in the dividend coverage was not great, the BDC announced that it was lowering its management fee which is set to improve Oaktree Specialty Lending’s dividend coverage. As a result, I don’t expect the BDC to lower its dividend as the estimated impact of the management fee reduction is set to improve Oaktree Specialty Lending's dividend coverage metrics. The c ...
Oaktree Specialty Lending: Credit Issues Continue To Hold Back Performance
Seeking Alpha· 2024-05-10 14:49
Adam Gault In this article, we catch up on the latest quarterly results of Oaktree Specialty Lending Corporation (NASDAQ:OCSL). OCSL had another disappointing quarter, though it still eked out a positive total NAV return. Additional writedowns on existing non-accruals and the timing of new investments proved to be key headwinds to both NAV and net income. OCSL is primarily focused on secured loans, with a low allocation to equity securities. Its sector overweights are software and healthcare - a fairly ...
Oaktree Specialty Lending (OCSL) - 2024 Q2 - Earnings Call Transcript
2024-04-30 18:47
Oaktree Specialty Lending Corporation (NASDAQ:OCSL) Q2 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Michael Mosticchio - Head, 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 Brian McKenna - Citizens JMP Finian O'Shea - Wells Fargo Kyle Joseph - Jefferies Paul Johnson - KBW Melissa Wedel - JPMorg ...
Oaktree Specialty Lending (OCSL) - 2024 Q2 - Earnings Call Presentation
2024-04-30 16:44
| --- | --- | |-----------------------------------------|-------| | | | | (As % of total portfolio at fair value) | | | Application Software | 17.5% | | Biotechnology | 4.1% | | Industrial Machinery & Sup. & Cmpnts. | 4.1% | | Health Care Services | 3.9% | | Health Care Technology | 3.4% | | Data Processing & Outsourced Services | 3.0% | | Real Estate Operating Companies | 2.7% | | Pharmaceuticals | 2.3% | | Diversified Support Services | 2.2% | | Interactive Media & Services | 2.2% | 85% Floating Rate Port ...
Oaktree Specialty Lending (OCSL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-30 14:35
Oaktree Specialty Lending (OCSL) reported $94.03 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.4%. EPS of $0.56 for the same period compares to $0.62 a year ago.The reported revenue represents a surprise of -5.65% over the Zacks Consensus Estimate of $99.66 million. With the consensus EPS estimate being $0.57, the EPS surprise was -1.75%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...
Oaktree Specialty Lending (OCSL) - 2024 Q2 - Quarterly Results
2024-04-30 10:12
Exhibit 99.1 Oaktree Specialty Lending Corporation Announces Second Fiscal Quarter 2024 Financial Results and Declares Quarterly Distribution of $0.55 Per Share Announces Permanent Management Fee Reduction LOS ANGELES, CA, April 30, 2024 - 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, 2024. Financial Highlights for the Quarter Ended March 31, 2024 1 ...
Oaktree Specialty Lending Corporation Announces Permanent Base Management Fee Reduction
Newsfilter· 2024-04-30 10:01
LOS ANGELES, April 30, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) ("OCSL" or the "Company") today announced a permanent reduction in its base management fee. 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, L ...
Oaktree Specialty Lending (OCSL) - 2024 Q2 - Quarterly Report
2024-04-29 22:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 1-33901 Oaktree Specialty Lending Corporation (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Delaware (State or jurisdiction of incorporation or organization) ...
Oaktree Specialty Lending (OCSL) - 2024 Q1 - Earnings Call Transcript
2024-02-01 18:59
Oaktree Specialty Lending Corporation (NASDAQ:OCSL) Q1 2024 Earnings Conference Call February 1, 2024 11:00 AM ET Company Participants Michael Mosticchio - Head of Investor Relations Armen Panossian - Chief Executive Officer and Chief Investments Officer Matt Pendo - President Chris McKown - Chief Financial Officer and Treasurer Matt Stewart - Chief Operating Officer Conference Call Participants Kyle Joseph - Jefferies Bryce Rowe - B. Riley Finian O'Shea - Wells Fargo Erik Zwick - The Hovde Group Paul Johns ...
Oaktree Specialty Lending (OCSL) - 2024 Q1 - Earnings Call Presentation
2024-02-01 16:12
earnings presentation nasdaq: ocsl Some of the statements in this presentation constitute forward-looking statements because they relate to future events or our future performance or financial condition. The forwardlooking statements contained in this presentation may include statements as to: our future operating results and distribution projections; the ability of Oaktree Fund Advisors, LLC (together with its affiliates, "Oaktree") to reposition our portfolio and to implement Oaktree's future plans with r ...