Blackstone Secured Lending: Another Strong Quarter For This 10.2%-Yielding BDC [Seeking Alpha]
Blackstone Secured Lending Fund (BXSL)
Company Research
Source: Seeking Alpha
Investing Group Leader Follow Summary We provide a Q2 update of the Blackstone Secured Lending Fund. Blackstone Secured Lending delivered a 4.2% total NAV return in Q2, one of the best results in coverage. Blackstone has its largest exposure to software and healthcare companies; it trades at an 11% premium to book value with a 10.2% dividend yield. I do much more than just articles at Systematic Income: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » Adam Gault In this article, we discuss the latest quarterly results from the Business Development Company (“BDC”) Blackstone Secured Lending Fund NYSE: BXSL ). The company delivered a 4.2% total NAV return, one of the best Q2 results in our coverage. BXSL is a large BDC with a focus on upper middle-market borrowers. It has overweight exposure to software and healthcare companies, something we see across most other BDCs. BXSL is trading at an 11% premium to book value (about
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BXSL
News
- Blackstone Secured Lending: A 10% Yielding BDC Cash Cow [Seeking Alpha]Seeking Alpha
- My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys [Seeking Alpha]Seeking Alpha
- I'm Buying Up To 10% Yield For Recurring Income [Seeking Alpha]Seeking Alpha
- Dividend Harvesting Portfolio Week 180: $18,000 Allocated, $1,648.41 In Projected Dividends [Seeking Alpha]Seeking Alpha
- Blackstone Secured Lending Fund (NYSE: BXSL) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $33.00 price target on the stock.MarketBeat
BXSL
Sec Filings
- 9/12/24 - Form 8-K
- 8/7/24 - Form IRANNOTICE
- 8/7/24 - Form 8-K
- BXSL's page on the SEC website