TSLX BDC — Sixth Street Specialty Lending

Sixth Street Specialty Lending (TSLX)

TSLX is a BDC. As of September 3, 2026, its distribution rate is 9.67%, its trailing-12-month yield is 10.05%. Dividend Vision Distribution Safety Score™ is 31/100 (Elevated risk). Total return is 316.2% over the past 12.5 years, 94.1 points behind SPY at 410.3%.

At the current 9.67% distribution rate, a $10,000 investment would generate approximately $967 per year, or $80.58 per month on an equivalent basis. Actual quarterly payments vary.

TSLX performance versus SPY

Data as of September 3, 2026.

Total return is 316.2% over the past 12.5 years, 94.1 points behind SPY at 410.3%. Its deepest 1-year drawdown was 28.2%.

TSLX key facts

Data as of September 3, 2026.

Distribution Safety Score™

31 · Elevated risk

Safety-Adjusted Yield

3.00%

Issuer

Sixth Street

Asset type

BDC

Asset class

Equity

Distribution rate

9.67%

Distribution frequency

Quarterly

Trailing yield

10.05%

5-year average yield

6.82

Last close

$18.31

Market cap

$1,745,732,875

Average volume

236542.0

Next dividend

$0.42

Next ex-dividend date

09/15/2026

Next payment date

09/30/2026

Beta

0.634

Payout ratio

0.655

P/E ratio

19.69

Forward P/E

10.3413

EPS

$0.93

How Dividend Vision calculates yield and returns

Distribution rate (9.67%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (10.05%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: Sixth Street; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TSLX risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 28.2%.

Who may consider TSLX — and who may not

It is a weaker fit for investors who need monthly cash flow (TSLX pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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