---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-276608"
form_type: "8-K"
ticker: "OCSL"
cik: "0001414932"
company_name: "Oaktree Specialty Lending Corp"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:20:43.880254+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Oaktree Specialty Lending reports record adjusted NII for FY23; declares $0.55 quarterly and $0.07 special distributions

## Summary
- Record full-year adjusted net investment income of $177.8M ($2.47/share) vs $128.6M in prior year; ROE over 12%.
- Q4 GAAP NII $0.62/share; total investment income $101.9M ($1.32/share), flat sequentially.
- Net asset value $19.63 per share, up from $19.58 in Q3 but down from $20.38 a year ago.
- Issued $300M unsecured notes due 2029 at 7.100% to strengthen capital structure; debt-to-equity 1.10x.
- Board declares $0.55 quarterly and $0.07 special distribution, payable Dec 29, 2023 to holders of record Dec 15.

## SEC filing metadata
- accession: 0001193125-23-276608
- form_type: 8-K
- ticker: OCSL
- cik: 0001414932
- company_name: Oaktree Specialty Lending Corp
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414932/000119312523276608/0001193125-23-276608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414932/000119312523276608/d457515d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-276608
- JSON: https://secwatch.observer/filing/0001193125-23-276608.json
- Plain text: https://secwatch.observer/filing/0001193125-23-276608.txt

## Key facts
- Earnings Releases
  Oaktree Specialty Lending Corp reported fiscal quarter and year ended September 30, 2023 results: revenue $101.9 million ($1.32 per share) and $379.3 million ($5.26 per share) for the fourth fiscal quarter and full year, net income $47.5 million ($0.62 per share) and $180.7 million ($2.51 per share) for the fourth fiscal quarter and full year.
  - Period: fiscal quarter and year ended September 30, 2023
  - Revenue: $101.9 million ($1.32 per share) and $379.3 million ($5.26 per share) for the fourth fiscal quarter and full year
  - Net income: $47.5 million ($0.62 per share) and $180.7 million ($2.51 per share) for the fourth fiscal quarter and full year
  - Result: reported results
  source text: results for the fiscal quarter and year ended September 30, 2023. Financial Highlights for the Quarter and Year Ended September 30, 2023 1 • Total investment income was $101.9 million ($1.32 per share) and $379.3 million ($5.26 per share) for the fourth fiscal quarter and full year, as compared with $101.9 million ($1.32 per share) and $262.5 million ($4.32
  evidence_url: https://www.sec.gov/Archives/edgar/data/1414932/000119312523276608/0001193125-23-276608-index.htm

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