Quarterly ResultMay 5, 2026, 06:13 AM
Oaktree Specialty Lending Q2 NII $0.39/share; NAV $15.69/share
AI Summary
Oaktree Specialty Lending Corporation announced its second fiscal quarter 2026 financial results, reporting GAAP net investment income of $0.39 per share and adjusted net investment income of $0.38 per share, both down from the prior quarter. The company's Net Asset Value (NAV) per share decreased to $15.69 from $16.30. Despite a moderation in investment income and depreciation in some investments, OCSL declared total cash distributions of $0.34 per share and reduced non-accrual investments.
Key Highlights
- GAAP net investment income was $0.39 per share, down from $0.42 in the prior quarter.
- Adjusted net investment income was $0.38 per share, down from $0.41 in the prior quarter.
- Net Asset Value (NAV) per share decreased to $15.69 from $16.30 as of December 31, 2025.
- Total investment income was $70.4 million, a decrease from $75.1 million in the prior quarter.
- Declared quarterly and supplemental cash distributions totaling $0.34 per share.
- Originated $204.1 million in new investment commitments with a 9.2% weighted average yield.
- Non-accrual investments at fair value decreased to $69.5 million from $87.2 million.
- Net new investments were negative $135.5 million for the quarter.