Blue Owl Technology Finance: I Still Trust The Turnaround Potential

Blue Owl Technology Finance is maintained at a buy rating despite recent underperformance and a nearly 15% price drop. OTF's NII remains stable at $0.29 per share, supported by floating-rate debt and potential Fed rate hikes. Net asset value improved by $0.14 per share, driven by realized/unrealized gains and accretive share repurchases, signaling healthier portfolio quality.