TPG Specialty Lending, Inc. Aktie News

The current BDC market looks like a huge bargain bin. The question is how to navigate that to pick gems and avoid landmines. In this article, I will elaborate on two structurally similar BDCs.

Sixth Street Specialty Lending offers a well-covered 9.6% dividend yield, supported by strong spillover income and prudent credit origination. TSLX maintains a high allocation to first-lien senior secured credit and is increasing its fixed-rate debt exposure to mitigate interest rate risks. Despite negative net funded investment activity and yield compression, TSLX comfortably covers its divide...

BDCs have recently suffered a significant downside volatility. There is indeed a justified reason for system-wide valuation adjustments. Yet, for some BDCs the market has gone too far, while for some the necessary level correction has not yet happened.

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 September 30, 2025 on Tuesday, November 4, 2025, after the market closes. TSLX invites all interested persons to its webcast / conference call on Wednesday, November 5, 2025 at 8:30 a.m. Eastern Time to disc...

BDCs have already experienced a notable correction. The sector median P/NAV metric indicates ~12% discount to NAV. Many players are priced even below that.

I expect the Fed to cut rates soon, with markets pricing in an 89% chance of a 25bps cut this month. Ongoing and future rate cuts will pressure SOFR-linked assets, especially BDCs, causing yield compression and likely dividend reductions. BDC dividend risks are high due to lower loan yields, thin dividend coverage, and limited capacity to offset falling income.

Sixth Street Specialty Lending has outperformed peers, maintaining strong fundamentals and dividend coverage despite sector headwinds from lower interest rates. TSLX's premium valuation reflects market confidence, supported by robust spillover income, improved leverage, and resilient portfolio quality. While dividend safety remains high, TSLX's heavy floating rate exposure poses risks if rates ...

I believe the current administration will prioritize broad growth over fighting inflation, creating a rare, bullish environment for certain stocks. Economic indicators show growth is bottoming, inflation remains sticky, and recent policies set the stage for cyclical opportunities to thrive. I see a perfect setup for select companies to deliver strong income and total returns, and I'm closely mo...