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Sixth Street Specialty Lending (TSLX)

BDC - Debt Focused BDC

Data as of May 20, 2024
Market Price $21.42 (+ $0.19)
NAV (March 31, 2024) $17.17 ( $0.00)
Fund Listed NYSE
Premium / Discount 24.75% (+1.11%)
Fund Info
Inception March 20, 2014
Sponsor Sixth Street Specialty Lending Advisers
Website https://www.sixthstree...
Phone 212.601.4753.
Location Texas
Incorporated Delaware
Staggered Board No
Term Date N/A
Objective: Current income primarily through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities.
Related Indexes
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Capital & Leverage
Outstanding Shares 92,721,556
Total Assets (Reported: March 31, 2024) $3,452M
Estimated Total Assets $3,335M
Net Assets $1,592M
Market Cap $1,986M
Portfolio Turnover 13.86%
Debt-to-Equity 1.1405
Total Leverage 52.27%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 17.00%
Non Lev Exp Ratio 6.86%
Gross Asset Expense Ratio 7.58%
Gross Asset Non Lev Exp Ratio 3.06%
Rel Lev Cost 8.65%
Discount Data
Average Discount (3 Yr) 23.22%
Discount Low(3 Yr) -0.86%
Discount High(3 Yr) 44.12%
Discount Rel Range (3 Yr) 56.94%
Comp Discount 24.45
Discount St Dev (1Yr) 5.16
Z-Stat (6mo) -0.08
Z-Stat (1Yr) 0.72
Z-Stat (3Yr) 0.14
Comp Z-Stat (6mo) -0.96
Comp Z-Stat (3Yr) -0.53
Distribution Data
Market Yield 8.59%
Income Yield 8.59%
Lev Adj NAV Yield 7.04%
Av Yield on Debt Investments 13.80
Distribution Frequency Q
Current Distribution $0.460
Current Income $0.460
Ex-Date 6/14/24
Payable Date 6/28/24
Div Growth (3yr) 12.20%
Dividend Change 2.2% on 2/16/23
Expected Div 8/2/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 86.5% 88.9%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 13.6% 11.2%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $9,410
Avg Volume 30 day 379,035
Avg Volume 90 day 439,299
Volume Trend -13.72%
Comp Volume Trend -12.60%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): GSBD 78.0%
Price St Dev (1Yr) 15.4%
NAV St Dev (1Yr) 1.9%
Earnings / Share (3/31/24) $0.568
Adj Core NII Coverage 121.57%
1 Yr Avg NII Coverage 126.16%
1 Yr Avg Adj Core NII Coverage 127.29%
NII Trend 5.38%
Adj Core NII Trend 0.48%
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % %
% Loans with Libor Floor 0%


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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