Oaktree Specialty Lending Corporation reported adjusted net investment income of $0.17 per share, a 7% increase from the previous quarter. Credit quality remained high with no non-accruals, and NAV grew by 1% sequentially to $7.34 per share. The company increased its dividend for the seventh consecutive quarter to $0.16 per share.
Total investment income was $64.9 million ($0.36 per share).
GAAP net investment income was $32.3 million ($0.18 per share).
Adjusted net investment income was $31.2 million ($0.17 per share).
Net asset value (“NAV”) per share was $7.34 as of December 31, 2021, up 0.8% from $7.28 as of September 30, 2021.
Oaktree Specialty Lending is well-positioned to continue delivering attractive risk-adjusted returns to its shareholders.