Blackstone Secured Lending Fund (BXSL)

Blackstone Secured Lending Fund (BXSL) — Recent Articles & Press Releases:

Fri, Apr 19, 7:03 AM:
BXSL Crosses Above Average Analyst Target
Wed, Mar 13, 6:46 AM:
BXSL Crosses Above Average Analyst Target
Fri, Nov 3, 7:00 AM:
Blackstone Secured Lending Fund Announces 2023 Investor Day
Tue, Oct 17, 4:15 PM:
Blackstone Secured Lending Announces Third Quarter 2023 Earnings Release and Conference Call
Wed, Aug 9, 8:34 PM:
Blackstone Secured Lending Fund Prices Public Offering of Common Shares
Wed, Aug 9, 4:11 PM:
Blackstone Secured Lending Fund Announces Public Offering of Common Shares
Tue, Jul 25, 4:15 PM:
Blackstone Secured Lending Announces Second Quarter 2023 Earnings Release and Conference Call
Mon, Jul 3, 11:57 AM:
Monday's ETF Movers: ARKW, BIZD [VIDEO]

Blackstone Secured Lending Fund (BXSL) — Key Stats & Information:

BXSL — Current Quote
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BXSL — Price Chart
BXSL — Performance
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BXSL — vs. Other BDCs By Yield
RankBDCYield   
• • •   
#26  BCSF 10.29%  
#27  PSBD 10.18%  
#28  NMFC 10.06%  
#29  MFIC 9.97%  
#30  BXSL 9.67%  
#31  CCAP 9.51%  
#32  CGBD 9.37%  
#33  OBDC 9.36%  
#34  GLAD 9.32%  
• • •   
BXSL — Current Snapshot
Current Stock Price:
(Data delayed 20 minutes)		 $31.712
Most Recent NAV/Share:
(As of 12/31/2023)		 $26.66
Current Price/NAV: 1.19x
Annualized Regular Dividend: $3.08
Annualized Current Yield: 9.71%
BXSL — TTM Snapshot
TTM = Trailing Twelve Months
  3/31/2023 6/30/2023 9/30/2023 12/31/2023
NAV/Share: $26.10 $26.30 $26.54 $26.66
Debt/Equity: 1.30 1.14 1.06 .99
NOI/Share: $0.93 $1.06 $0.95 $0.96
EPS/Share: $0.86 $0.90 $1.01 $0.88
Sum of TTM NOI/Share
(Or NII/share where applicable)		 $3.90
TTM NOI Yield:
(As percentage of current $31.712 price)		 12.30%
Sum of TTM EPS/Share
 $3.65
TTM EPS Yield:
(As percentage of current $31.712 price)		 11.51%
Sum of TTM Regular Dividends $2.94
TTM Dividend Yield:
(As percentage of current $31.712 price)		 9.27%
BXSL — Snapshot At 12/31/2023
% Senior Debt % Sub Debt % Equity % Other
97.9% 0.5% 1.6% 0%
Stock Price @ Quarter End:
(Closest close to 12/31/2023)		 $27.64
NAV/Share: $26.66
Price/NAV: 1.04x
Shares Outstanding: 185.78M
Market Cap: 5.14B
Investments at Cost: 9.93B
Investments at Fair Value: 9.87B
Difference: -65.72M
Net Asset Value: 4.95B
Leverage 4.92B
Debt:Equity Ratio .99:1
Originations:
(During quarter)		 863.09M
Repayments:
(During quarter)		 -554.65M
Difference: 308.44M
Realized Gains/Losses:
(During quarter)		 45.62M
Unrealized Gains/Losses:
(During quarter)		 -23.28M
Non-Accruals at Cost: 0.1%
Non-Accruals at Fair Value: 0%
Net Operating Income / Share
(Or Net Investment Income where applicable)		 $0.96
EPS/Share $0.88
Regular Dividends/Share $0.77
Regular Dividend Yield (Annualized)
(Against quarter-end $27.64 stock price)		 11.14%
Although best efforts are made to minimize errors, there is no guarantee this data is free of error and therefore it should not be relied upon for investment decisions. See full disclaimer.
Management Fee Structure
Base Management Fee: 1%
Fees Paid on Cash?: Yes
NOI Incentive Fee: 17.5%
Annual Hurdle Rate: 7.06%
Capital Gains Fee: 17.5%
Incentive Catch-Up Provision: Yes
Total Return Hurdle: No
Fees on Non-Cash Income: Yes
For more information see BXSL SEC filings.
BXSL — vs. Other BDCs By Price/NAV
RankBDCPrice/NAV   
• • •   
#3  CSWC 1.54x  
#4  OXSQ 1.26x  
#5  TSLX 1.24x  
#6  HRZN 1.20x  
#7  BXSL 1.19x  
#8  GBDC 1.14x  
#9  TRIN 1.13x  
#10  GLAD 1.11x  
#11  GAIN 1.09x  
• • •   
BXSL — NAV/Share History
Mouse over chart for data details
$25.76
$25.93
$26.10
$26.30
$26.54
$26.66
9/30
2022		12/31
2022		3/31
2023		6/30
2023		9/30
2023		12/31
2023
BXSL — Price/NAV History
Mouse over chart for data details
.88x
.86x
.96x
1.04x
1.03x
1.04x
9/30
2022		12/31
2022		3/31
2023		6/30
2023		9/30
2023		12/31
2023
 Avg: .97x
BXSL — Dividend History
Mouse over chart for data details
0.80
0.60
0.70
0.70
0.77
0.77
9/30
2022		12/31
2022		3/31
2023		6/30
2023		9/30
2023		12/31
2023
BXSL — Yield History
(regular quarterly amount annualized)
Mouse over chart for data details
14.07%
10.74%
11.23%
10.23%
11.26%
11.14%
9/30
2022		12/31
2022		3/31
2023		6/30
2023		9/30
2023		12/31
2023
 Avg: 11.45%
BXSL — Debt:Equity Ratio History
Mouse over chart for data details
1.32:1
1.31:1
1.30:1
1.14:1
1.06:1
.99:1
9/30
2022		12/31
2022		3/31
2023		6/30
2023		9/30
2023		12/31
2023
 Avg: 1.19:1
BXSL — NOI/Share History
(or NII/share when applicable)
Mouse over chart for data details
0.80
0.00
0.93
1.06
0.95
0.96
9/30
2022		12/31
2022		3/31
2023		6/30
2023		9/30
2023		12/31
2023
BXSL — vs. Others By 1Yr NAV/Sh Change
RankBDC1Yr NAV/Sh Change  
• • •   
#8  ARCC +4.57% 
#9  TSLX +3.40% 
#10  CSWC +3.20% 
#11  OBDC +3.07% 
#12  BXSL +2.82% 
#13  GBDC +2.18% 
#14  BBDC +2.08% 
#15  MFIC +2.05% 
#16  BCSF +1.79% 
• • •   
 

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