Fact Sheet
All data as of September 30, 2024

Oaktree Diversified Income Fund Inc.
Class D: ODIDXInvestment Objective

The Fund’s investment objective is to seek current income and attractive total return by investing globally in high-conviction
opportunities across Oaktree’s credit platform, both public and private markets, including high yield bonds, senior loans,structured credit, emerging markets debt and convertibles as well as direct lending opportunities which have the potential
to increase yield and lower volatility.

Fund Statistics

Fund Information
Share ClassDSymbol

ODIDXCUSIP

67402M104

Total Net Assets (in millions)$275.20

Net Asset Value (NAV) Per Share (ODIDX)$9.13

Number of Issuers

498

Form 1099-DIV

Current Yield

Minimum Investment$25,000

Yield-to-Worst

10.74%

Subscriptions/NAV

Daily

Spread666 bpsDividend Frequency

QuarterlyDuration

1.14 years

Tax Treatment

2

LeverageDistribution Rate3

Fixed/Floating Rate

35.8%/64.2%

17.65%

Private/Public Exposure

20.7%/79.3%

8.69%% Secured or Securitized

Quarterly repurchase of at least 5%

Limited Liquidity

1

Expense Ratio (Without Waiver) as of 4/30/24

3.09%

Expense Ratio (With Waiver) as of 4/30/24

2.10%

410.97%

Assets by Sector 5

86.0%

Assets by Geography 5Bonds

22.2%

High Yield Bonds

19.5%

Emerging Markets

2.4%

Convertible Bonds

0.3%

Loans

27.4%

Senior Loans

27.4%

Structured Credit

26.4%

Corporate Structured Debt

North America

79.9%

Europe Ex U.K.

11.3%

U.K.

4.7%

Asia Ex Japan

2.3%

South America

1.7%

Africa

0.1%

19.4%

Real Estate Debt

7.1%

Private Credit

20.7%

Cash/Cash Equivalent

3.2%

Average Annual Total Returns (%)
Class DInception

1 Month

3 Months

YTD1 Year

3 Years

5 Years

10 Years

Since Incep.

11/1/21

1.22%

3.35%

9.05%

13.26%–––

4.26%

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate
so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performancequoted. Performance data current to the most recent month end may be obtained by calling 855.862.5873. Investment performance reflects fee waivers, expenses and reimbursementsin effect. In the absence of such waivers, total return and NAV would be reduced.

PortfolioManagementTeam

Oaktree Fund Advisors, LLC
Bruce Karsh, Co-Founder, Chief Investment Officer and Portfolio Manager
Wayne Dahl, Managing Director and Co-Portfolio Manager
Armen Panossian, Managing Director, Head of Performing Credit and Co-Portfolio Manager
David Rosenberg, Managing Director and Co-Portfolio Manager
Danielle Poli, Managing Director and Co-Portfolio Manager

Fact Sheet
All data as of September 30, 2024

Oaktree Diversified Income Fund Inc.
Class D: ODIDXTop Ten Industries 5,6

Debt Seniority 5

Industry% of NAV

Secured59.5%

Software

9.3%

Securitized

26.4%

Hotels, Restaurants & Leisure

5.5%

Unsecured

9.1%

Other

5.0%

Health Care Providers & Services

5.1%

Commercial Services & Supplies

4.6%

Other

3.2%

Media

2.9%

Insurance

2.5%

Aerospace & Defense

2.5%

Health Care Technology

2.3%

Diversified Consumer Services

2.2%
Total

40.1%

A fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and otherimportant information about the investment company, and it may be obtained by calling 855-862-5873 or visiting www.brookfieldoaktree.com.
Read the prospectus carefully before investing.
Risks to consider: Investing involves risk. Principal loss is possible. There can be no assurance that the Fund will achieve its investment objective.
The Fund will subject Fund stockholders to greater levels of credit risk, call risk and liquidity risk than funds that do not invest in such securities.
Generally, lower rated or unrated securities of equivalent credit quality offer a higher return potential than higher rated securities but involve
greater volatility of price and greater risk of loss of income and principal, including the possibility of a default or bankruptcy of the issuersof such securities. An investment in the securities of financially distressed issuers can involve substantial risks. These securities may present
a substantial risk of default or may be in default at the time of investment. The Fund currently intends to use leverage to seek to achieve its
investment objective. Leverage creates risks that may adversely affect the return for the holders of common stock. The Fund may invest insecurities of companies in an “emerging market.” Investments in emerging market securities involve a greater degree of risk than, and special
risks in addition to the risks associated with, investments in domestic securities or in securities of foreign, developed countries The impactof COVID-19, and other epidemics and pandemics that may arise in the future, has affected and may continue to affect the economies of manynations, individual companies and the global markets, including liquidity, in general in ways that cannot necessarily be foreseen at the present time.
The Fund is new with limited operating history and there can be no assurance that the Fund will grow or maintain an economically viable size, in which case the Boardof Trustees of the Fund may determine to liquidate the Fund.
Shares repurchased by the Fund are subject to an early withdrawal chargeof 2.00% for withdrawals within one year of an investor’s investment date.
2
Based on gross assets.
3
Calculated as the annualized amount of the most recent quarterly distribution
declared divided by the Record Date NAV. The Fund declares and pays dividends
quarterly from net investment income. To the extent these distributions exceed
net investment income, they may be classified as return of capital. The Fund also
pays distributions at least annually from its net realized capital gains, if any.
Dividends and distributions are recorded on the ex-dividend date. All commonshares have equal dividend and other distribution rights. A notice disclosing thesource(s) of a distribution is provided after a payment is made from any source
other than net investment income. This notice, if applicable will be available on thiswebsite page under Distributions. Any such notice is provided only for informational
purposes in order to comply with the requirements of Section 19(a) of the 1940 Act
and not for tax reporting purposes. The tax composition of the Fund’s distributions
for each calendar year is reported on IRS Form 1099-DIV.
4
The expense ratio excludes certain investment expenses,such as expense fromborrowings and repurchase agreements, any dividend and other costs paidon preferred shares issued by the Fund, and dividend expense from investments
on short sales, incurred directly by the Fund, if applicable, none of which are paid
to the Adviser. The Adviser has contractually agreed to waive all or a portion of
its investment advisory fees and/or to reimburse certain expenses of the Fund until
at least April 30, 2025 and may not be terminated by the Fund or the Adviser before
such time. There is no guarantee that such waiver/reimbursement will be continued
after that date.
1

Source: Oaktree. Sector, geography and industry allocations and asset classes
determined by Oaktree are expressed as a percentage of total investments(by market value) and will vary over time. These should not be considered
recommendations to buy or sell any security. Due to rounding, amounts
presented hereinmay not add up precisely to the total.
6Excludes exposure to Structured Credit (26.1%), which includes CLOs,
CMBS and RMBS.
Duration is a measure of the sensitivity of the price of a bond or other debt
instrument to a change in interest rates.
Current yield is calculated by dividing the annual coupon payment by a bond’s
current market value.
Yield-to-Worst is a measure of the lowest possible yield that can be received
on a bond that fully operates within the terms of its contract without defaulting.
Credit rating is an assessment of the creditworthiness of a borrower—in generalterms or with respect to a particular debt or financial obligation.
Spread refers to the difference between yields.
The Fund is a closed-end interval fund.
Oaktree Diversified Income Fund is considered an illiquid investment. An investor
may not be able to sell shares at any given time or in the quantity desired.
5©2024 Oaktree Fund Advisors LLC (“Oaktree”, or “the Adviser”) is an SEC-registered investment
adviser and is also an affiliate and related adviser of Oaktree Capital Management, L.P., an
investment adviser registered with the SEC. Oaktree serves as the investment adviser to the Fund.

Oaktree Diversified Income Fund Inc. is distributed by Quasar Distributors, LLC.

brookfieldoaktree.com+1 212-549-8380

Investment Products: Not FDIC Insured | May Lose Value | Not Bank Guaranteed

info@brookfieldoaktree.com

or 855-777-8001