Blue Owl Capital: Valuation Is Catching Up To Performance For This 10.4%-Yielder

(7min)

Summary

  • Blue Owl Capital Corporation delivered a solid 2% total NAV return in Q1, outperforming the average in our coverage.
  • Portfolio quality remains strong with low non-accruals, increased first-lien exposure, and minimal tariff risk due to domestic focus.
  • OBDC's valuation is slightly above historical averages, but OBDC's consistent sector-beating performance justifies a continued allocation.
  • I do much more than just articles at Systematic Income: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Marathon Runners, Multiracial Group of

tibor5

In this article, we take a look at the Business Development Company (BDC) Blue Owl Capital Corporation (NYSE:OBDC). In Q1, the company delivered a 2% total NAV return, in line with the median in our coverage and above the

Check out Systematic Income and explore our Income Portfolios, engineered with both yield and risk management considerations.

Use our powerful Interactive Investor Tools to navigate the BDC, CEF, OEF, preferred and baby bond markets.

Read our Investor Guides: to CEFs, Preferreds and PIMCO CEFs.

Check us out on a no-risk basis - sign up for a 2-week free trial!

This article was written by

13.24K Followers

ADS Analytics is a team of analysts with experience in research and trading departments at several industry-leading global investment banks. They focus on generating income ideas from a range of security types including: CEFs, ETFs and mutual funds, BDCs as well as individual preferred stocks and baby bonds.

ADS Analytics runs the investing group Systematic Income which features 3 different portfolios for a range of yield targets as well interactive tools for investors, daily updates and a vibrant community.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of OBDC 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About OBDC Ticker

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on OBDC

Related Stocks

SymbolLast Price% Chg
OBDC
--