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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 third fiscal quarter ended June 30, 2026 before the opening of the Nasdaq Global Select Market on Wednesday, August 5, 2026. Management will host a conference call to discuss the results on the same day at 11:00 a.m. Eastern…

Oaktree Specialty Lending is rated HOLD due to persistent NAV erosion despite a historically deep P/NAV discount. OCSL's NAV has declined 18% over six quarters, driven by software markdowns and non-accruals, not operating losses. Income coverage remains adequate, with an 11.5% yield and a more durable dividend structure tied to earnings.

Small-cap stocks are the cardiac kids of the market. They can bring high risk, and with that high risk can come high reward.

There is a principle I have followed for 30 years in this business. When the smartest credit team on the planet starts aggressively buying a beaten-down asset class they understand better than anyone alive, you do not sit on your hands and debate whether the timing is perfect.

Oaktree Specialty Lending remains rated 'Hold' due to persistent high non-accruals and sub-optimal credit quality. OCSL trades at a 23% discount to NAV, reflecting elevated credit risk and recent dividend cuts. The BDC lowered its regular dividend by 25% but paid a supplemental dividend of $0.04, which lowered the effective dividend cut to 15%.