---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-026120"
form_type: "8-K"
ticker: "OCSL"
cik: "0001414932"
company_name: "Oaktree Specialty Lending Corp"
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T22:46:29.007479+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Oaktree Specialty Lending Q1 adjusted NII $0.61/share, up 10% QoQ; dividend raised to $0.55

## Summary
- Total investment income $79.2M ($1.30/share) vs $70.1M prior quarter; GAAP NII $38.8M ($0.63/share).
- Adjusted NII $37.1M ($0.61/share) vs $33.7M ($0.55); driven by higher interest income and wider spreads.
- Declared quarterly dividend $0.55/share, up 2% from $0.54; 11th consecutive quarterly increase; payable March 31, 2023.
- Originated $250.3M new debt investments at 13.1% yield; no non-accrual investments as of Dec 31, 2022.
- NAV per share $19.63 vs $20.38, down due to $0.42 special distribution and unrealized depreciation.

## SEC filing metadata
- accession: 0001193125-23-026120
- form_type: 8-K
- ticker: OCSL
- cik: 0001414932
- company_name: Oaktree Specialty Lending Corp
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414932/000119312523026120/0001193125-23-026120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414932/000119312523026120/d458673d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-026120
- JSON: https://secwatch.observer/filing/0001193125-23-026120.json
- Plain text: https://secwatch.observer/filing/0001193125-23-026120.txt

## Key facts
- Earnings Releases
  Oaktree Specialty Lending Corp reported the fiscal quarter ended December 31, 2022 results: revenue $79.2 million ($1.30 per share), net income $38.8 million ($0.63 per share).
  - Period: the fiscal quarter ended December 31, 2022
  - Revenue: $79.2 million ($1.30 per share)
  - Net income: $38.8 million ($0.63 per share)
  - Result: reported results
  source text: announced its financial results for the fiscal quarter ended December 31, 2022. Financial Highlights for the Quarter Ended December 31, 2022 1 • Total investment income was $79.2 million ($1.30 per share) for the first fiscal quarter of 2023, as compared with $70.1 million ($1.15 per share) for the fourth fiscal quarter of 2022. Adjusted total investment income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1414932/000119312523026120/0001193125-23-026120-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.