This analysis follows the fund's recent and controversial decision to issue distributions to all investors while suspending redemptions.
Shareholders submitted an estimated $4.3 billion of Q3 repurchase requests, representing around 10% of shares outstanding, as of June.
The non-traded BDC accepted all valid tenders, representing about 3.6% of outstanding shares as of June, with payment to be made through State Street-held promissory notes.
Including the latest payout, Blue Owl Capital Corporation II has returned capital equivalent to 43% of December NAV so far in 2026.
We analyze the top-performing BDCs as of H1 2026 across one, three, and since-inception periods.
The announcement comes as investors in Blue Owl's non-traded BDC shunned an earlier Saba and Cox Capital joint-offer to repurchase shares at a steep discount.
Blue Owl Capital Corporation II has returned capital equivalent to 35% of NAV so far in 2026, including the latest payout.
"[our] objective is consistent with our broader mandate: providing institutional quality liquidity solutions to an underserved retail and mass affluent market," CEO John Cox told EvergreenLink.
The investments will be sold at 99.7% of fair value to fund capital distributions and pay down debt.
The class action suit is the latest development in the firm's now-cancelled BDC merger.
