Today I opened a small position on Oaktree Specialty Lending Corporation (OCSL).
- Bought to open at $18.74 per share. Yield 11.62%, rated “2 Green” on Seeking Alpha.
I love business development compaines (BDCs) for their high yield, and I already own several, but I’ve had my eye on this one for quite some time. Today it fell below my buy price target.