When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s

TSLX: 10% Yielding BDC Suitable For Watch List

09:15am, Sunday, 17'th Nov 2024
Despite solid 2024 NII growth, Sixth Street Specialty Lending, Inc.'s realized and unrealized gains fell, but dividends and NII coverage remain strong. TSLX's portfolio is 94% secured loans, with 98.8
I am downgrading Sixth Street Specialty Lending stock to a hold due to its continued underperformance against peers and unjustified premium valuation. Despite a high 10.3% dividend yield and consisten

BDC Weekly Review: Tax-Loss Season Is Approaching

01:50am, Saturday, 16'th Nov 2024
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPV
Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Cami VanHorn - Head of IR Joshua Easterly - CEO & Chairman Robert St
While the top- and bottom-line numbers for Sixth St (TSLX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics comp
Sixth Street (TSLX) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.60 per share a year ago.
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the third quarter ended September 30, 2024. Please view a printa
The investment environment for BDCs remains solid, but there are some clear risks, which call for extra caution. One of the ways to protect current income streams from BDC allocations is to focus on h
Sixth Street Specialty Lending is a defensive BDC with strong base dividend coverage, even amid potential interest rate cuts. TSLX's portfolio is well-diversified, focusing on first-lien debt, with lo
Major BDCs are soon about to report their Q3, 2024 earnings. The current sector-wide challenges do not send encouraging signals. The Management team of SAR, which is one the BDCs that report 10-Q earl
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the third quarter ended Sept

The Best BDC To Buy For Fed Rate Cuts

07:05am, Thursday, 26'th Sep 2024
The Federal Reserve's 50 basis point rate cut impacts BDCs, which are sensitive to short-term rate changes, affecting their net investment income. BDCs thrive during rate hikes but face challenges wit
Sixth Street Specialty Lending's net funded investment activity declined in 2Q24 due to higher repayments, but it comfortably out-earned its dividend with a 10% yield. The BDC maintains a diversified,
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