2.06.2023

We have repositioned

Today we sold off our entire holding in AT&T Inc. (T).

Instead, we increased our holdings in ARMOUR Residential REIT, Inc. (ARR), Oaktree Specialty Lending Corporation Common Stock (OCSL), Owl Rock Capital Corporation Common Stock (ORCC) and PennantPark Floating Rate Capital Ltd. Common Stock (PFLT).

This repositioning of our holdings increased our future dividend for 2023 by $348. Combined with the acquisitions made in January 2023 with the dividends for the same month, our estimated dividends have increased by $857 on an annualized basis.


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