BXSL:NYE-Blackstone Secured Lending Fund (USD)

COMMON STOCK | Asset Management |

Last Closing

USD 30.14

Change

+0.20 (+0.67)%

Market Cap

USD 6.16B

Volume

1.16M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). In addition, the Fund elected to be treated for U.S. federal income tax purposes, as a regulated investment company ("RIC"), as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"). The fund also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The fund's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Fund seeks to achieve its investment objective primarily through originated loans, equity and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap
BX Blackstone Group Inc

+0.70 (+0.46%)

USD 192.43B
BLK BlackRock Inc

+8.22 (+0.88%)

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KKR KKR & Co LP

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BN Brookfield Corp

+1.15 (+2.20%)

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APO Apollo Global Management LLC C..

+0.97 (+0.78%)

USD 70.92B
ARES Ares Management LP

-2.00 (-1.27%)

USD 49.47B
AMP Ameriprise Financial Inc

+4.42 (+0.95%)

USD 45.47B
OWL Blue Owl Capital Inc

-0.28 (-1.46%)

USD 26.59B
RJF Raymond James Financial Inc.

-2.58 (-2.06%)

USD 25.60B
BAM Brookfield Asset Management In..

+0.03 (+0.06%)

USD 19.81B

ETFs Containing BXSL

PBDC Putnam ETF Trust - Putnam.. 10.37 % 0.00 %

+0.18 (+-0.82%)

N/A
BIZD VanEck BDC Income ETF 8.46 % 0.41 %

+0.11 (+-0.82%)

USD 1.18B
LEND:AU VanEck Global Listed Priv.. 7.09 % 0.00 %

-0.16 (-0.82%)

N/A
LBO 6.63 % 0.00 %

N/A

N/A
HIPS GraniteShares HIPS US Hig.. 0.00 % 0.70 %

-0.18 (-0.82%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Asset Management) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.04% 53% F 52% F
Dividend Return 5.57% 50% F 85% B
Total Return 14.62% 52% F 62% D
Trailing 12 Months  
Capital Gain 9.36% 23% F 37% F
Dividend Return 8.38% 57% F 88% B+
Total Return 17.74% 26% F 44% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 4.07% 79% B- 53% F
Dividend Return 10.35% 79% B- 63% D
Total Return 6.29% 54% F 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 18.04% 46% F 56% F
Risk Adjusted Return 57.38% 85% B 75% C
Market Capitalization 6.16B 92% A 80% B-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.