OCSL - BDC Market Weekly Review: When The Market Disagrees With You

• We take a look at the action in BDCs through the second week of February and highlight some of the key themes we are watching.
• The BDC sector was pretty flat on the week - not very exciting but more than we can say for the broader income space which was mostly in the red.
• The sector continues to be supported by rising short-term rates as the consensus is shifting to 7 rate hikes over 2022.
• We discuss our thoughts on a divergence between NAV and price performance across certain BDCs which can prove frustrating to BDC investors.
• And highlight the four pillars of our current BDC allocation approach.

For further details see: