---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-285254"
form_type: "8-K"
ticker: "OCSL"
cik: "0001414932"
company_name: "Oaktree Specialty Lending Corp"
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:44:23.465524+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Oaktree Specialty Lending Q4 NII $0.41/share, NAV $16.64, dividend $0.40

## Summary
- Total investment income $77.3M ($0.88/share) in Q4 FY2025, up from $75.3M in Q3; full year $316.8M vs $381.7M last year.
- GAAP net investment income $35.8M ($0.41/share) in Q4; full year $152.6M ($1.77/share) vs $175.1M ($2.18/share) in FY2024.
- NAV per share $16.64 at Sep 30, 2025, down from $16.76 at Jun 30 and $18.09 at Sep 30, 2024.
- Originated $208.2M in new investment commitments during Q4; weighted average yield on new debt investments 9.7%.
- Declared $0.40/share quarterly distribution payable Dec 31, 2025 to holders of record Dec 15, 2025.

## SEC filing metadata
- accession: 0001193125-25-285254
- form_type: 8-K
- ticker: OCSL
- cik: 0001414932
- company_name: Oaktree Specialty Lending Corp
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414932/000119312525285254/0001193125-25-285254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414932/000119312525285254/d24971d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-285254
- JSON: https://secwatch.observer/filing/0001193125-25-285254.json
- Plain text: https://secwatch.observer/filing/0001193125-25-285254.txt

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