Dividend FundBack to Income Factory
Income Factory

TSLX Sixth Street Specialty Lending, Inc.

Specialty and directly originated lending diversifies the source of BDC cash flows. Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.

Income consistency rank#63100 eligible funds

The recent period is the weaker standing, setting a ranking score of 0.7576. Lower scores rank first.

Hypothetical investment

Growth of $10,000

Dividends reinvested · no additional contributions

TSLX would be worth$13,6895-year growth · as of Sep 18, 2026
S&P 500 (SPY)$18,763Same $10,000 · same dates
Total gain / loss+$3,689+36.9% total return
TSLXS&P 500 (SPY)
Sep 20, 2021 · $10,000 investedSep 18, 2026

Based on adjusted market prices through the latest available completed session, before personal taxes and trading costs.

Checking the latest completed session…

Market performance

Total return

Price movement plus reinvested distributions, compared with SPY.

+36.9% over 5 years
1 YEAR TOTAL RETURN-16.0%
Price-23.8%
Dividend+7.8%

Net loss; shares not shown.

#76 income rank · 100 peers
5 YEARS TOTAL RETURN+36.9%+6.5% / yr annualized
Price-48% of return-17.7%
Dividend148% of return+54.5%
#22 income rank · 91 peers

Dividend includes all distributions and reinvestment.

Sep 20, 2021Sep 18, 2026
Total return+36.89%
S&P 500 (SPY)+87.63%
Annualized return+6.49%
Largest drawdown-29.05%
Transparent ranking calculation

Why TSLX ranks #63

Income consistency · Compared with the active Income Factory collection through Sep 18, 2026.

01 · Recent period

1-year period

Sep 18, 2025 – Sep 18, 2026
7.77 ppdistribution contribution

-16.03% total − (-23.80% price) ≈ 7.77 pp

#76 of 100 eligible investments on these dates.

75 investments have a higher distribution contribution.

(76 − 1) ÷ (100 − 1)≈ 0.7576
02 · Longer period

5-year period

Sep 20, 2021 – Sep 18, 2026
54.55 ppdistribution contribution

+36.89% total − (-17.66% price) ≈ 54.55 pp

#22 of 91 eligible investments on these dates.

21 investments have a higher distribution contribution.

(22 − 1) ÷ (91 − 1)≈ 0.2333

Period score = (rank − 1) ÷ (eligible count − 1). This is the fraction of other eligible investments ahead of this one, from 0 (none ahead) to 1 (all ahead). It makes standings comparable when the two periods have different peer counts. A single eligible investment scores 0.

03 · First sorting rule

Use the weaker period

max(0.7576, 0.2333)≈ 0.7576

Lower scores come first. A stronger period cannot cancel a weaker one.

04 · If scores tie

Add the two period scores

0.7576 + 0.2333≈ 0.9909

The lower combined score comes first when the weaker-period scores match.

TSLX places #63 of 100

The recent period is the weaker standing, setting a ranking score of 0.7576. Lower scores rank first.

Remaining tie-breaks & return formula

Income Factory shares an overall rank when the weaker-period and combined scores match to eight decimal places. Within that shared rank, higher longer total-return rate, then higher recent total return, then ticker A–Z determine display order.

For TSLX, the longer total-return tie-break is +6.4889% annualized; the recent total-return tie-break is -16.0257% cumulative.

Total return = 100 × (ending adjusted close ÷ starting adjusted close − 1). Price return = 100 × (ending split-adjusted close ÷ starting split-adjusted close − 1). Distribution contribution = total return − price return.

Annualized return = 100 × ((1 + total return ÷ 100)^(1 ÷ years) − 1), with years measured as elapsed days ÷ 365.2425. Histories under one year are never annualized. Peer returns are compared to eight decimal places; score sorting uses unrounded fractions. Numbers above are rounded for display.

Distribution contribution includes all provider-recorded distributions and reinvestment effects. “pp” means percentage points of the initial investment; this is not dividend yield, payout coverage or a forecast of income. Each investment is compared with eligible peers over its own exact dates, so peer counts can differ. No quality, valuation or risk factors are added to this calculation.

This explains the collection’s default ranking. Search, category filters and chart periods do not change it; choosing another sort changes the list order. This is Income Lens’s calculation, not a score published by the strategy creator.

Income Lens research candidate

Why it is in this section

Specialty and directly originated lending diversifies the source of BDC cash flows.

What to investigate

Non-accrual loans, non-cash PIK income, leverage and premiums to NAV require review.

Independent selection; creator ownership or endorsement has not been verified. Issuer strategy establishes its exposure, not the sustainability of its payout.

Issuer researchRead the philosophy research