🇺🇸 Post-purchase No. 3 in October '22 🇺🇸

Moin friends 🙋‍♂️. In addition to Main Street Capital, I added another BDC at the beginning of October!

➡️ 100 shares of Oaktree Specialty Lending ($OCSL) have been added to the portfolio at 6.3493 USD per share. There were already 600 shares there, and I now hold a total of 700 shares.

➡️ Due to the increase of the key interest rate by the FED and the very likely longer stay at the increased interest rate level, higher quality makes sense in order to increase the cash flow. Also because credit spreads are likely to increase due to the coming recession.

➡️ In the BDC sector, I have therefore continued to add to my position in Oaktree Specialty Lending. BDC currently has a moderate discount of 8%. The dividend was recently increased by 3%.