BlackRock Credit Allocation Income (BTZ) vs Oaktree Specialty Lending (OCSL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Oaktree Specialty Lending (OCSL) has outperformed BlackRock Credit Allocation Income (BTZ) over the past year, losing 7.5% versus a loss of 15.4%. Over five years, BTZ leads with a -37.9% price change compared with -47.3% for OCSL. On valuation, BlackRock Credit Allocation Income trades at a lower trailing P/E (15.0x vs 24.3x for Oaktree Specialty Lending).
Oaktree Specialty Lending offers the higher dividend yield (12.85% vs 10.80%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BTZ | OCSL |
|---|---|---|
| Share price | $9.32 | $11.68 |
| Market cap | — | $1.03B |
| 1-day change | -0.43% | +0.21% |
| YTD return | -13.57% | -8.56% |
| 1-year return | -15.37% | -7.47% |
| 5-year return | -37.89% | -47.31% |
| P/E ratio (TTM) | 15.03 | 24.32 |
| Forward P/E | — | 8.58 |
| EPS (TTM) | $0.62 | $0.48 |
| Dividend yield | 10.80% | 12.85% |
| Annual dividend | $1.01 | $1.50 |
| 52-week high | $11.18 | $14.31 |
| 52-week low | $9.25 | $10.63 |
| Distance from 52-week high | -16.64% | -18.41% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +7.07% |
| Average volume | 360.03K | 492.67K |
| Shares outstanding | — | 88.09M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance: Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Oaktree Specialty Lending trades at a higher earnings multiple (24.3x vs 15.0x trailing P/E).
- Oaktree Specialty Lending offers a meaningfully higher dividend yield (12.85% vs 10.80%).
About BlackRock Credit Allocation Income
BTZ stock →BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited.
Finance · Finance/Investors Services
About Oaktree Specialty Lending
OCSL stock →Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies.
Finance · Finance: Consumer Services
BTZ vs OCSL FAQ
Which stock has performed better over the past year, BTZ or OCSL?
OCSL returned -7.47% over the past 12 months, compared with -15.37% for BTZ (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BTZ or OCSL?
BTZ has the lower trailing P/E at 15.0, versus 24.3 for OCSL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, BlackRock Credit Allocation Income or Oaktree Specialty Lending?
Oaktree Specialty Lending has the higher yield at 12.85%, compared with 10.80% for BlackRock Credit Allocation Income.
Are BlackRock Credit Allocation Income and Oaktree Specialty Lending in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for BlackRock Credit Allocation Income and Finance: Consumer Services for Oaktree Specialty Lending.