Sixth Street Specialty Lending: Good Way To Play Defense In BDC Sector
Belden(BDC) Seeking Alpha·2024-08-22 11:00
Hiroshi Watanabe I have been covering Sixth Street Specialty Lending, Inc. (NYSE:TSLX) since the very beginning of 2024, when I issued a bullish thesis referring to the resiliency and defensive structure (or investment approach) of TSLX. The overall idea was that TSLX offers as sustainable dividend streams as it gets in the BDC space, thus making the investment case attractive for yield-seeking investors. It was not so much about the potential price appreciation as back then the leverage was at optimum ...