Headquartered in New York, NY Fiscal year ends December NYSE: BXSL bxsl.com
Blackstone Secured Lending Fund (NYSE: BXSL) is a specialty finance company. It invests primarily in the debt of private U.S. companies, focusing on first-lien, senior secured, floating-rate loans, largely to sponsor-backed borrowers. As of September 30, 2026, its portfolio had a fair value of approximately $12.9 billion across 306 portfolio companies in 39 industries. The portfolio was 95.8% first-lien senior secured debt and 95.1% floating-rate debt, with an average loan-to-value of 49.2%. Its largest industry exposures are software, health care providers and services, professional services, and insurance. BXSL has elected to be regulated as a business development company under the Investment Company Act of 1940. It is externally managed by Blackstone Private Credit Strategies LLC, an SEC-registered investment adviser affiliated with Blackstone Inc. The fund earns income mainly from interest, payment-in-kind interest and fees on its loans. It finances its portfolio with equity plus unsecured notes, asset-based facilities, a CLO securitization and a syndicated secured revolver. BXSL holds investment-grade ratings from Moody's, S&P and Fitch. It distributes most of its earnings to shareholders through quarterly dividends. Updated
The board cut the payout to $0.60 per share for holders of record March 31, 2027, after net investment income covered only 88% of the current $0.77 dividend. Income investors buying for the yield are getting a smaller one.
A retiree dumps his safe bond funds to close a small income gap, and his paycheck climbs. But the swap quietly trades away the cushion that protects him when stocks fall, and…
Converting everything at once sounds like the clean way to escape future taxes, but it may hand the IRS a bill hundreds of thousands of dollars larger than necessary. A 66-year-old has…
Three BDC lenders are dangling yields above 13%, but a sky-high payout on one of them comes with a trail of red flags that most income investors miss until it is too…
With the 10-year Treasury now yielding above 5%, most dividend stocks no longer clear the bar. These five not only clear it but back every payout with real cash flow, and one…
Three business development companies have already slashed their dividends this year, and two of the biggest names in private credit are showing the same warning signs that preceded every cut. Here is…
A retirement portfolio that replaces a missing paycheck needs cash that arrives on schedule, not just when markets cooperate. Six high-yield names across pipelines, tobacco, and private credit can get you surprisingly…
Every year, a five-figure slice of income from high-yield REITs and BDCs quietly routes to the IRS instead of your pocket, and the bracket you sit in determines exactly how much damage…
BIZD's July payout just got sliced in half, and the damage inside its biggest holdings suggests this might not be the last cut income investors will have to absorb.
Many retirees who decided to buy the JP Morgan Equity Premium ETF (NYSE: JEPI) were wowed by its 8% yield and JP Morgan pedigree after seeing it advertised on Fox Business…
A $500,000 position generating a 7% blended yield produces $35,000 in annual income, or about $2,917 per month. That is the arithmetic behind the headline and the same calculation a 62-year-old retiree…
An annual income target of approximately $50,400, or $4,200 per month, is a reasonable goal for a single 64-year-old retiree who wants investment income to carry most of the load before Social…
Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or…
High-yield dividend stocks are becoming even more compelling as market volatility increases. Bond yields are likely to decline in the coming years as interest rates eventually come down. The Federal Reserve doesn’t…
24/7 Wall Street Insights The Federal Reserve’s rate cut to calm market speculation may potentially re-fuel higher inflation and possibly trigger a recession. Dividend stocks offer one of the most flexible asset…
The Consumer Price Index recently revealed that, contrary to proclamations from the White House that inflation is down, it is only the rate of inflation growth that has slowed down. Prices of…
Blackstone Secured Lending Fund (NYSE: BXSL) is a specialty finance company. It invests primarily in the debt of private U.S. companies, focusing on first-lien, senior secured, floating-rate loans, largely to sponsor-backed borrowers.
24/7 Wall St.'s 12-month price target for BXSL is $27.93, rated Buy. The Wall Street consensus target is $24.07. BXSL price prediction →
