Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Capital Southwest Co. stock logo
CSWC
Capital Southwest
$26.83
+1.3%
$24.94
$17.60
$26.94
$1.15B1.19345,332 shs278,279 shs
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
$14.10
$14.67
$12.20
$15.81
$1.91B1.1125,107 shs22,867 shs
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
$12.64
+0.1%
$12.59
$11.73
$13.23
$1.34B1.11415,764 shs258,321 shs
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
$11.47
-1.0%
$11.32
$9.69
$12.63
$706.87M1.66707,396 shs2.72 million shs
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
$21.36
+0.7%
$21.06
$17.31
$22.35
$1.98B1.03408,989 shs219,713 shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Capital Southwest Co. stock logo
CSWC
Capital Southwest
+1.32%+4.03%+6.64%+14.41%+48.97%
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
0.00%-4.41%-4.08%-5.71%+12.04%
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
+0.08%+0.08%+0.40%-0.47%+6.22%
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
-1.04%+1.59%+0.97%+0.88%+6.90%
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
+0.66%+2.23%+1.81%-0.35%+15.87%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Capital Southwest Co. stock logo
CSWC
Capital Southwest
0.6861 of 5 stars
1.33.01.70.01.90.01.3
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
N/AN/AN/AN/AN/AN/AN/AN/A
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
0.9967 of 5 stars
1.02.01.70.02.51.71.9
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
0.5416 of 5 stars
1.30.01.70.03.10.01.3
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
2.1874 of 5 stars
1.45.02.50.02.21.71.3

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Capital Southwest Co. stock logo
CSWC
Capital Southwest
2.67
Moderate Buy$25.50-4.96% Downside
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
N/AN/AN/AN/A
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
2.00
Hold$12.50-1.11% Downside
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
2.50
Moderate Buy$11.752.44% Upside
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
2.83
Moderate Buy$22.676.14% Upside

Current Analyst Ratings

Latest NMFC, TSLX, FFXDF, CSWC, and PFLT Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
5/6/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetOutperform ➝ Outperform$23.50 ➝ $23.00
3/26/2024
Capital Southwest Co. stock logo
CSWC
Capital Southwest
JMP Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingMarket Outperform ➝ Market Outperform$26.00
3/26/2024
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
JMP Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingMarket Outperform ➝ Market Outperform$12.50
3/26/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
JMP Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingMarket Outperform ➝ Market Outperform$22.50
2/23/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$22.00 ➝ $23.00
2/20/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$22.00 ➝ $23.00
(Data available from 5/10/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Capital Southwest Co. stock logo
CSWC
Capital Southwest
$113.53M10.16$2.01 per share13.38$17.08 per share1.57
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
$598.86M3.19$3.07 per share4.60$22.78 per share0.62
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
$374.84M3.58$1.47 per share8.60$13.13 per share0.96
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
$65.90M10.73$1.35 per share8.51$11.13 per share1.03
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
$272.77M7.26$2.20 per share9.72$17.09 per share1.25

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Capital Southwest Co. stock logo
CSWC
Capital Southwest
$33.09M$2.3511.4210.16N/A52.16%15.82%7.57%5/14/2024 (Confirmed)
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
$371.77M$0.8816.02N/AN/A4.50%3.65%N/A
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
$135.34M$1.1111.398.78N/A31.67%11.80%4.88%8/7/2024 (Estimated)
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
$39.26M$1.1210.249.03N/A43.40%11.83%5.92%8/14/2024 (Estimated)
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
$196.40M$2.488.619.62N/A47.16%13.74%6.32%8/1/2024 (Estimated)

Latest NMFC, TSLX, FFXDF, CSWC, and PFLT Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/14/2024N/A
Capital Southwest Co. stock logo
CSWC
Capital Southwest
$0.66N/A-$0.66N/AN/AN/A  
5/1/2024Q1 2024
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
$0.38$0.36-$0.02$0.46$90.08 million$90.56 million      
2/26/2024Q4 2023
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
$0.39$0.40+$0.01$0.54$94.03 million$92.80 million    
2/16/2024Q4 2023
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
$0.58$0.62+$0.04$0.66$115.18 million$119.50 million    
2/15/2024Q4 2023
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
N/A$1.00+$1.00$1.00N/AN/A

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Capital Southwest Co. stock logo
CSWC
Capital Southwest
$2.288.50%+8.13%97.02%1 Years
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
N/AN/AN/AN/AN/A
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
$1.2810.13%+7.24%115.32%N/A
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
$1.2310.72%+1.94%109.82%1 Years
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
$1.848.62%+6.86%74.19%1 Years

Latest NMFC, TSLX, FFXDF, CSWC, and PFLT Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/1/2024
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
Quarterly$0.3210.13%6/14/20246/14/20246/28/2024
5/3/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
--$0.068.8%6/14/20246/14/20246/28/2024
5/2/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
--$0.068.8%6/14/20246/14/20246/28/2024
5/1/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
Quarterly$0.061.15%5/31/20245/31/20246/20/2024
5/2/2024
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
monthly$0.102510.7%5/14/20245/15/20246/3/2024
4/2/2024
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
monthly$0.102511%4/12/20244/15/20245/1/2024
3/4/2024
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
monthly$0.102510.9%3/15/20243/18/20244/1/2024
2/16/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
--$0.088.5%3/14/20243/15/20243/28/2024
2/15/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
Quarterly$0.087.45%3/14/20243/15/20243/28/2024
2/15/2024
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
Quarterly$0.081.47%3/14/20243/15/20243/28/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Capital Southwest Co. stock logo
CSWC
Capital Southwest
0.45
0.14
0.14
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
0.16
0.74
0.74
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
1.28
1.11
1.11
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
0.34
0.19
0.19
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
1.14
2.03
2.03

Ownership

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Capital Southwest Co. stock logo
CSWC
Capital Southwest
2642.98 million40.92 millionOptionable
Fairfax India Holdings Co. stock logo
FFXDF
Fairfax India
10135.40 millionN/ANot Optionable
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
N/A106.29 million95.30 millionOptionable
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
N/A61.63 million61.01 millionOptionable
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
N/A92.72 million89.66 millionOptionable

NMFC, TSLX, FFXDF, CSWC, and PFLT Headlines

SourceHeadline
Sixth Street Specialty Lending (NYSE:TSLX) PT Lowered to $23.00Sixth Street Specialty Lending (NYSE:TSLX) PT Lowered to $23.00
americanbankingnews.com - May 8 at 3:00 AM
Sixth Street Specialty Lending (NYSE:TSLX) Price Target Cut to $23.00 by Analysts at Keefe, Bruyette & WoodsSixth Street Specialty Lending (NYSE:TSLX) Price Target Cut to $23.00 by Analysts at Keefe, Bruyette & Woods
marketbeat.com - May 6 at 11:55 AM
Sixth Street Specialty Lending, Inc. (NYSE:TSLX) Shares Acquired by LSV Asset ManagementSixth Street Specialty Lending, Inc. (NYSE:TSLX) Shares Acquired by LSV Asset Management
marketbeat.com - May 6 at 9:02 AM
Sixth Street Specialty Lending declares $0.46 dividend; supplemental dividend per share of $0.06Sixth Street Specialty Lending declares $0.46 dividend; supplemental dividend per share of $0.06
msn.com - May 6 at 8:23 AM
Sixth Street Specialty Lending, Inc. (TSLX) to Issue -- Dividend of $0.06 on  June 28thSixth Street Specialty Lending, Inc. (TSLX) to Issue -- Dividend of $0.06 on June 28th
americanbankingnews.com - May 5 at 7:10 AM
Benjamin F. Edwards & Company Inc. Acquires 294,382 Shares of Sixth Street Specialty Lending, Inc. (NYSE:TSLX)Benjamin F. Edwards & Company Inc. Acquires 294,382 Shares of Sixth Street Specialty Lending, Inc. (NYSE:TSLX)
marketbeat.com - May 4 at 11:21 AM
Sixth Street Specialty Lending, Inc. Declares Quarterly Dividend of $0.06 (NYSE:TSLX)Sixth Street Specialty Lending, Inc. Declares Quarterly Dividend of $0.06 (NYSE:TSLX)
marketbeat.com - May 3 at 1:59 PM
Sixth Street Specialty Lending Inc (TSLX) Q1 2024 Earnings Call Transcript Highlights: Key ...Sixth Street Specialty Lending Inc (TSLX) Q1 2024 Earnings Call Transcript Highlights: Key ...
finance.yahoo.com - May 3 at 8:17 AM
Sixth Street Specialty Lending, Inc. Declares -- Dividend of $0.06 (NYSE:TSLX)Sixth Street Specialty Lending, Inc. Declares -- Dividend of $0.06 (NYSE:TSLX)
marketbeat.com - May 2 at 4:55 PM
Sixth Street Specialty Lending Inc (TSLX) Q1 2024 Earnings: Aligns with Analyst ProjectionsSixth Street Specialty Lending Inc (TSLX) Q1 2024 Earnings: Aligns with Analyst Projections
finance.yahoo.com - May 1 at 10:55 PM
Sixth St (TSLX) Q1 Earnings: How Key Metrics Compare to Wall Street EstimatesSixth St (TSLX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
zacks.com - May 1 at 8:36 PM
Sixth Street (TSLX) Misses Q1 Earnings and Revenue EstimatesSixth Street (TSLX) Misses Q1 Earnings and Revenue Estimates
zacks.com - May 1 at 7:11 PM
Sixth St: Q1 Earnings SnapshotSixth St: Q1 Earnings Snapshot
sfgate.com - May 1 at 5:52 PM
Sixth Street Specialty Lending, Inc. Reports First Quarter 2024 Earnings Results; Declares a Second Quarter Base Dividend Per Share of $0.46, and a First Quarter Supplemental Dividend Per Share of $0.06Sixth Street Specialty Lending, Inc. Reports First Quarter 2024 Earnings Results; Declares a Second Quarter Base Dividend Per Share of $0.46, and a First Quarter Supplemental Dividend Per Share of $0.06
finance.yahoo.com - May 1 at 5:52 PM
Van ECK Associates Corp Increases Stock Position in Sixth Street Specialty Lending, Inc. (NYSE:TSLX)Van ECK Associates Corp Increases Stock Position in Sixth Street Specialty Lending, Inc. (NYSE:TSLX)
marketbeat.com - May 1 at 7:20 AM
Sixth Street Specialty Lending, Inc. (NYSE:TSLX) Sees Large Decline in Short InterestSixth Street Specialty Lending, Inc. (NYSE:TSLX) Sees Large Decline in Short Interest
marketbeat.com - April 27 at 4:15 PM
Will Sixth St (TSLX) Beat Estimates Again in Its Next Earnings Report?Will Sixth St (TSLX) Beat Estimates Again in Its Next Earnings Report?
zacks.com - April 24 at 1:16 PM
Sixth Street (TSLX) Earnings Expected to Grow: Should You Buy?Sixth Street (TSLX) Earnings Expected to Grow: Should You Buy?
zacks.com - April 24 at 11:07 AM
TSLX Makes Notable Cross Below Critical Moving AverageTSLX Makes Notable Cross Below Critical Moving Average
nasdaq.com - April 17 at 11:58 AM
Cerity Partners LLC Grows Stake in Sixth Street Specialty Lending, Inc. (NYSE:TSLX)Cerity Partners LLC Grows Stake in Sixth Street Specialty Lending, Inc. (NYSE:TSLX)
marketbeat.com - April 15 at 5:52 AM
Sixth Street Specialty Lending, Inc. (NYSE:TSLX) Stake Increased by Strs OhioSixth Street Specialty Lending, Inc. (NYSE:TSLX) Stake Increased by Strs Ohio
marketbeat.com - April 14 at 6:55 PM
Better Buy For Retiring With Dividends In April 2024: BDCs Or REITsBetter Buy For Retiring With Dividends In April 2024: BDCs Or REITs
seekingalpha.com - April 3 at 8:57 AM
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2024 Financial ResultsSixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2024 Financial Results
businesswire.com - March 28 at 4:06 PM
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2024 Financial ResultsSixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2024 Financial Results
businesswire.com - March 28 at 4:05 PM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Company Descriptions

Capital Southwest logo

Capital Southwest

NASDAQ:CSWC
Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing. In lower middle market, the firm typically invests in growth financing, bolt-on acquisitions, new platform acquisitions, refinancing, dividend recapitalizations, sponsor-led buyouts, and management buyouts situations. The investment structures are Unitranche debt, subordinated debt, senior debt, first and second lien debt, and preferred and common equity. The firm makes equity co-investments alongside debt investments, up to 20% of total check and only makes non-control investments. It prefers to invest in Industrial manufacturing and services, value-added distribution, healthcare products and services, business services, specialty chemicals, food and beverage, tech-enabled services and SaaS models. The firm seeks to invest in energy services and products, industrial technologies, and specialty chemicals and products. Within energy services and products, the firm seeks to invest in each segment of the industry, including upstream, midstream and downstream, excluding exploration and production with a focus on differentiated products and services, equipment and tool rental, consumable products, and drilling and completion chemicals. Within industrial technologies, it seeks to invest in automation and process controls, handling and packaging equipment, industrial filtration and fluid handling, measurement, monitoring and testing, professional tools, and sensors and instrumentation. Within and specialty chemicals and products, the firm seeks to invest in businesses that develop and manufacture highly differentiated chemicals and products including adhesives, coatings and sealants, catalysts and absorbents, cosmeceuticals, fine chemicals, flavors and fragrances, performance lubricants, polymers, plastics and composites, chemical dispensing and filtration equipment, professional and industrial trade consumables and tools, engineered solutions for HVAC, plumbing, and electrical installations, specified high performance materials for fire protection and oilfield applications. It may also invest in exceptional opportunities in building products. The firm seeks to invest in the United States. The firm seeks to make investments ranging from $5 to $25 million in securities. It seeks to make equity investments ranging from $5 million to $50 million and debt investments between $5 million and $20 million and co-invest in transaction size up to $40 million. It prefers to invest in companies with revenues approaching above $10 million, profitable operations, historical growth rate of at least 15 percent per year. It seeks to invest in the firm with minimum EBITDA is $3 million. In addition to making direct investments, the firm allocates capital to syndicated first and second lien term loans in the upper middle market. Criteria for Upper Middle Market Syndicated 1st Lien is EBITDA Size more than $30 million, Closing Leverage greater than 4 times, investment hold size between $5 million and $7 million, investment yield greater than 6.5%. Criteria for Upper Middle Market Syndicated 2nd Lien is EBITDA Size more than $50 million, Closing Leverage greater than 6 times, investment hold size between $5 million and $7 million, investment yield greater than 9%. It prefers to take a majority and minority stake. The firm has the flexibility to hold investments for very long period in its portfolio companies. It may also invest through warrants. The firm prefers to take Board participation in its portfolio companies. Capital Southwest Corporation was founded on April 19, 1961 and is based in Dallas, Texas.
Fairfax India logo

Fairfax India

OTCMKTS:FFXDF
Fairfax India Holdings Corporation operates as an investment holding company in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada. Fairfax India Holdings Corporation is a subsidiary of Fairfax Financial Holdings Limited.
New Mountain Finance logo

New Mountain Finance

NASDAQ:NMFC
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes, and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.
PennantPark Floating Rate Capital logo

PennantPark Floating Rate Capital

NASDAQ:PFLT
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Sixth Street Specialty Lending logo

Sixth Street Specialty Lending

NYSE:TSLX
Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.