OCSI News and Press, Oaktree Strategic Income Corporation From 02/03/21

When the pandemic hit last year this higher yield sector took a huge pricing hit with dividend yields soaring to 30% to 40%. The average dividend yield among Business Development Companies ("BDCs") was around 20% for most of March 2020. I was actively making purchases during this ...

As predicted, IVR issues new shares. You can’t be surprised, we told you on 1/26/2021 that IVR should be looking to issue shares. Shares of IVR just closed at $4.01, which is about equal to management’s stated BV range for 1/31/2021 of $4.00 to $4.10. We remain beari...

Today we're focusing in on preferred share opportunities. Specifically, we like CMO-E, CIM-A, TWO-D, and TWO-E among the fixed-rate opportunities. Each offers a solid yield and still has a modest discount to call value. In this series, we’re providing readers with discounts...

Some mortgage REITs are trading at significant premiums to book value per share. When that happens, issuing new shares is wise. One mortgage REIT already took advantage of favorable pricing to issue new shares. That’s intelligent and expected. IVR and MITT should be looking...

There are a few mistakes we’ve seen in analyzing mortgage REITs. These can stem from misconceptions about how they work. Investors who understand mortgage REITs better are putting themselves in a better position for investing. In this series, we’re providing readers ...

Part 2 of this article compares ARCC’s recent dividend per share rates, yield percentages, and several other highly unique (and useful) dividend sustainability metrics to 14 BDC peers. This includes a comparative analysis of ARCC’s cumulative undistributed taxable income...

12:30 p.m. Eastern Time / 9:30 a.m. Pacific Time LOS ANGELES, CA, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Oaktree Strategic Income Corporation (NASDAQ:OCSI) (“Oaktree Strategic Income” or the “Company”) today announced that it will report its financial result...

Part 1 of this article compares ARCC’s recent quarterly change in NAV, quarterly and trailing twelve-month economic return, NII, and current valuation to 14 BDC peers. Part 1 also performs a comparative analysis between each company’s investment portfolio as of 6/30/2020...

In October, Oaktree Specialty Lending (OCSL) agreed to merge with its sister BDC, Oaktree Strategic Income (OCSI). OCSL’s quality has shined through the pandemic due to its portfolio’s conservative approach, which has led to low leverage and low non-accrual rates. Tr...

The following slide deck was published by Oaktree Strategic Income Corporation in conjunction with their 2020 Q4 earnings call. For further details see: Oaktree Strategic Income Corporation 2020 Q4 - Results - Earnings Call Presentation