Headquartered in New York, NY Fiscal year ends December NYSE: OTF blueowltechnologyfinance.com
Blue Owl Technology Finance Corp. (NYSE: OTF) is a specialty finance company that makes debt and equity investments in U.S. technology-related companies, with a strategic focus on software. It has elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940. It is externally managed by Blue Owl Technology Credit Advisors LLC, an SEC-registered adviser that is an indirect affiliate of Blue Owl Capital Inc. (NYSE: OWL) and part of Blue Owl's Credit platform. As of September 30, 2026, OTF held investments in 207 portfolio companies across 39 industries, with an aggregate fair value of $14.8 billion and an average position of $71.6 million. The portfolio is concentrated in senior secured lending: first-lien senior secured debt is 78.0% of fair value (57% of it unitranche) and senior secured debt overall is 81.7%. The remainder consists of second-lien debt, unsecured debt, preferred and common equity, specialty finance debt and equity, and joint ventures. About 96.1% of debt investments carry floating rates. The weighted average yield on accruing debt and income-producing securities was 9.8% at fair value. OTF earns mainly interest income, including payment-in-kind interest, plus dividend income. It funds itself with a mix of secured credit facilities and unsecured notes; net debt-to-equity was 0.94x and the funding mix was 56.7% secured and 43.3% unsecured. The company listed its shares on the NYSE in June 2025. It pays a quarterly base dividend of $0.35 per share and repurchases stock when accretive to NAV. Updated
The $0.35 quarterly dividend is now running well ahead of adjusted net investment income, which slipped to $0.29 per share, missing expectations. Non-accruals jumped to 1.8% of the portfolio at cost from 0.6% last quarter, even as NAV per share rose 0.9% to $16.62.
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Blue Owl Technology Finance Corp. (NYSE: OTF) is a specialty finance company that makes debt and equity investments in U.S. technology-related companies, with a strategic focus on software. It has elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940.
24/7 Wall St.'s 12-month price target for OTF is $12.15, rated Buy. The Wall Street consensus target is $13.61. OTF price prediction →
