Why I'm Capping My BDC Exposure At 15%

BDCs trade at a steep discount, but the risks the bears talk about most may not be the ones that matter. One overlooked risk, hidden in loans made years ago, is already hurting several well-known names. Some of the most popular BDCs may be more exposed than their results suggest, and the moment of truth is getting closer.

Seeking Alpha • Oct 24, 2026

2 BDCs For Bargain Hunters

Business development companies are an overlooked corner of private credit and a chance for individual investors. Market fear has pushed some high-yield BDCs well below their net asset value, despite solid fundamentals. I highlight two discounted BDCs with strong balance sheets, healthy loan books, and well-covered dividends.

Seeking Alpha • Oct 22, 2026

5 BDCs Priced For Loan Losses Worse Than 2008, Heading Into Q3

Five major BDCs—Blue Owl Technology Finance Corp., FS KKR Capital Corp, Morgan Stanley Direct Lending Fund, Blue Owl Capital Corporation, and Oaktree Specialty Lending Corporation—trade at steep discounts to NAV, implying extreme loan losses not reflected in credit performance. Current market prices require annualized loan losses far exceeding historical peaks, despite portfolios of senior secured, diversified loans and low non-accruals. Buybacks at deep discounts signal management confidence in loan valuations, with OTF and FSK notably active in repurchasing shares.

Seeking Alpha • Oct 20, 2026

Oaktree Specialty Lending Corporation Schedules Fourth Fiscal Quarter and Full Year 2026 Earnings Conference Call for November 17, 2026

LOS ANGELES--(BUSINESS WIRE)--Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) today announced that it will report its financial results for the fourth fiscal quarter and full year ended September 30, 2026 before the opening of the Nasdaq Global Select Market on Tuesday, November 17, 2026. Management will host a conference call to discuss the results on the same day at 11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time. The conference call may be a.

Business Wire • Oct 19, 2026

2 BDCs To Buy That Could Replace ARCC And OBDC In Your Portfolio

BDC valuations have dropped to levels seen only a few times in the sector's history, which creates a rare entry point for patient investors. The usual household names may not be the safe haven many assume, especially as a credit cycle looms. I highlight 2 lesser-known BDCs that come out ahead on fees, portfolio quality and leverage.

Seeking Alpha • Oct 19, 2026

10%+ Yields: 2 Big Dividends For Cents On The Dollar

Every so often, I find a double-digit yield that is worth buying. I detail two opportunities that I believe are attractive buys due to their sound fundamentals, fully covered 10%+ yields, and deep discounts. I discuss the risk-reward profiles for each.

Seeking Alpha • Sep 30, 2026

BDC Weekly Review: Bond Issuance Remains An Income Headwind

We take a look at the action in business development companies through the second week of September and highlight some of the key themes we are watching. BDCs declined amid rising yields, Fed rate hike expectations, and geopolitical tensions. Recent bond issuances by ARCC, CSWC, OCSL, and OTF highlight sector-wide net income headwinds from refinancing at higher rates.

Seeking Alpha • Sep 20, 2026

Oaktree Specialty Lending Corporation Prices Public Offering of $300,000,000 7.000% Notes due 2031

LOS ANGELES--(BUSINESS WIRE)--Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“OCSL” or the “Company”), a specialty finance company, today announced that it has priced an underwritten public offering of $300.0 million aggregate principal amount of 7.000% notes due 2031. The notes will mature on September 16, 2031 and may be redeemed in whole or in part at the Company's option at any time at par plus a “make-whole” premium, if applicable.OCSL expects to use the net proceeds of this offering.

Business Wire • Sep 9, 2026

Forget SaaSpocalypse And Buy These 2 BDCs Now

BDCs face a 25% P/NAV discount, largely due to fears of AI-driven SaaS disruption. Current data shows no systemic SaaS defaults or rising credit risk in BDC portfolios. Many of the SaaS giants have been delivering stable and strong results.

Seeking Alpha • Aug 29, 2026

Oaktree Specialty Lending: Deeply Discounted 10%-Yielder Is Still Missing One Big Catalyst

Oaktree Specialty Lending Corporation offers a roughly 10% dividend yield supported by improving fundamentals and a significant 17% discount to NAV. I take a deeper look at its Q2 results and assess its current valuation and dividend sustainability. I also explore one big catalyst that this company needs before I believe it justifies being a high-conviction buy.

Seeking Alpha • Aug 24, 2026