ORCC Quick Update: Beat Best Case, Upcoming Market Volatility
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ORCC Quick Update:
ORCC continues to execute on its plan and is now firmly covering its dividend (by 114%) with higher-than-expected portfolio activity but is now at target leverage.
ORCC remains 'Level 2' coverage implying stable dividend but also in the 'Risk Averse' portfolio for lower yield (currently 8.5%).
NAV increased by another 0.8%.
Non-accruals d…