Sixth Street Specialty Lending is a finance company focused on lending to middle-market companies. TSL Advisers, LLC, which acts as Co.'s investment adviser and administrator, is responsible for managing Co.'s day-to-day business affairs, including implementing investment policies and initiatives, and managing Co.'s portfolio. Co. invests in first-lien debt, second-lien debt, mezzanine and unsecured debt and equity and other investments. Co.'s first-lien debt include stand-alone first-lien loans, last out first-lien loans; unitranche loans and secured corporate bonds. Co.'s second-lien debt include secured loans, and secured corporate bonds, with a secondary priority behind first-lien debt. The TSLX stock yearly return is shown above.
The yearly return on the TSLX stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the TSLX annual return calculation with any dividends reinvested as applicable (on ex-dates).
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