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Companies reinvent themselves from time to time, and the same holds true for BDCs as well. This appears to be the case for Oaktree Specialty Lending (NASDAQ:OCSL), which was taken over by
8.2% Yield: Buy The Turnaround At Oaktree Specialty Lending
Summary
- Oaktree Specialty Lending has seen a transformation of sorts, with a NAV/share that's on the uptrend.
- It's raised its dividend for 5 consecutive quarters, and maintains a well-funded balance sheet.
- Meanwhile, OCSL maintains a strong borrower base, with no investments on non-accrual.
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Analyst’s Disclosure:I/we have a beneficial long position in the shares of OCSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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