Oaktree Specialty Lending CorpOCSL

Nasdaq
Price (close)
$12.08
Market cap
$1.1B
P/E
25.2x
Revenue (TTM)
—
Net income
$42.2M
Dividend yield
12.17%
1-year total return
4.5%
Net margin
—
Revenue growth
—
Debt / equity
1.04x

What Oaktree Specialty Lending Corp does.

Oaktree Specialty Lending Corporation, a Delaware corporation, or together with its subsidiaries, where applicable, the Company, which may also be referred to as “we,” “us” or “our”, is a specialty finance company dedicated to providing customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. We were formed in late 2007 and currently operate as a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a Business Development Company under the Investment Company Act of 1940, as amended, or the Investment Company Act. In addition, we have qualified and elected to be treated as a regulated investment company, or RIC, under the Internal Revenue Code of 1986, as amended, or the Code, for tax purposes. As a RIC, we generally will not have to pay corporate-level U.S. federal income taxes on any net ordinary income or net realized capital gains that we distribute to our stockholders if we meet certain source-of-income, income distribution and asset diversification requirements.

We are externally managed by Oaktree Fund Advisors, LLC, which we also refer to as “Oaktree” or our “Adviser,” pursuant to an investment advisory agreement, as amended from time to time, or the Investment Advisory Agreement, between the Company and Oaktree. Oaktree is an affiliate of Oaktree Capital Management, L.P., or OCM, the Company's external investment adviser from October 17, 2017 through May 3, 2020. Oaktree Fund Administration, LLC, which we refer to as “Oaktree Administrator,” a subsidiary of OCM, provides certain administrative and other services necessary for us to operate.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Net income—$237.3M$29.2M$117.3M$57.9M$33.9M

More on OCSL.

Figures from Oaktree Specialty Lending Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.