OTF: The Biggest BDC Bargain

Blue Owl Technology Finance Corp. (OTF) has experienced a market decline far exceeding its BDC peers, despite resilient fundamentals. I view OTF as the most compelling bargain in the externally managed BDC space, given the divergence between price action and underlying performance. Recent Q1 2026 results reinforce my conviction, prompting me to make OTF one of my largest externally managed BDC holdings.