Oaktree Specialty Lending: A Buying Opportunity With A 13% Yield
Oaktree Specialty Lending (OCSL) Seeking Alpha·2024-08-20 11:55
arthon meekodong/iStock via Getty Images Oaktree Specialty Lending (NASDAQ:OCSL) suffered increasing selling pressure in 2024 as the BDC disclosed loan performance issues which resulted in a quite significant increase in the non-accrual percentage. The BDC's balance sheet quality continued to suffer in the June quarter, but Oaktree Specialty Lending is seeking to strengthen its portfolio by focusing more on running a first lien strategy going forward. Despite the increase in the non-accrual percentage, Oakt ...