Oaktree Specialty Lending (US:OCSL)2022-08-04 15:29Financial Performance - Adjusted Net Investment Income per share was $017, compared to $018 for the quarter ended March 31, 2022[5] - GAAP Net Investment Income was $022 per share, unchanged from the previous quarter[5] - Net Asset Value per share decreased to $689, compared to $726 as of March 31, 2022, primarily due to unrealized losses[5] - A cash distribution of $017 per share was declared, a 3% increase from the prior quarter and 17% from one year ago[5] Investment Portfolio - The investment portfolio totaled $26 billion at fair value, diversified across 151 portfolio companies[5] - The weighted average yield on debt investments increased to 93%, up from 88% as of March 31, 2022[5] - 88% of the debt portfolio was floating rate[5] - New investment commitments totaled $132 million with a 92% weighted average yield on new debt commitments[5] - New investment fundings amounted to $130 million, with $130 million received from prepayments, exits, other paydowns, and sales[5] Capital Structure & Liquidity - The net debt to equity ratio was 108x, compared to 102x as of March 31, 2022[5] - The company had $34 million in cash and $455 million of undrawn capacity on credit facilities[5]