Blackstone Secured LendingBXSL
BXSL
About: Blackstone Secured Lending Fund is a non-diversified, closed-end management investment company. The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation. The company seeks to achieve its investment objectives by investing in originated loans and other securities, including syndicated loans of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, unsecured and subordinated loans, and other securities.
0
Funds holding %
of 7,345 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
75% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 92
14% more funds holding in top 10
Funds holding in top 10: 14 [Q4 2024] → 16 (+2) [Q1 2025]
13% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 38
3% more capital invested
Capital invested by funds: $2.48B [Q4 2024] → $2.55B (+$64.2M) [Q1 2025]
1% less funds holding
Funds holding: 370 [Q4 2024] → 367 (-3) [Q1 2025]
0.91% less ownership
Funds ownership: 35.43% [Q4 2024] → 34.53% (-0.91%) [Q1 2025]
43% less call options, than puts
Call options by funds: $9.67M | Put options by funds: $16.9M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$28
7%
downside
Avg. target
$28
7%
downside
High target
$28
7%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Wells Fargo Finian O'Shea | 7%downside $28 | Equal-Weight Maintained | 7 Aug 2025 |
Financial journalist opinion
Based on 19 articles about BXSL published over the past 30 days
Negative
Seeking Alpha
10 hours ago
Attention High-Yield Investors: More BDC Dividend Cuts Are Likely Coming
The BDC sector faces mounting risks from a weakening economy, high consumer debt, and the potential for further dividend cuts as interest rates decline. Recent dividend cuts by several BDCs highlight the sector's vulnerability, despite some names maintaining resilience and attractive valuations. Spillover income offers only limited protection; tight dividend coverage and rising non-accruals signal caution for income-focused investors.
Negative
Seeking Alpha
1 day ago
It's All Downhill For Most BDCs, Here Is My Approach
Q2 earnings confirmed my call for a market rotation in BDCs; quality bias and selectivity remain critical for outperformance. Structural headwinds—spread compression, falling base rates, and thin dividend coverage—signal elevated risk of further dividend cuts across the sector. Current sector repricing is insufficient for broad new BDC allocations; most remain unattractive except for select names with strong fundamentals.
Positive
Seeking Alpha
1 day ago
My Dividend Stock Portfolio: New July Dividend Record - 100 Holdings With 12 Buys
July saw strong market gains, especially in tech, but finding bargains is tough as indices approach all-time highs. I focused July investments on high-yield BDCs like OBDC, MFIC, and BXSL, maintaining a 7.9% yield on cost. Dividend income hit a July record, up 22% year-over-year, with BDCs set to play an even bigger role in the coming months.
Negative
Seeking Alpha
6 days ago
Blackstone Secured Lending: Mediocre Earnings, Here's Our 'Soft' Hedge Move
BXSL's latest earnings were mediocre but not unexpected, with net investment income just covering the dividend and NAV slipping slightly. I maintain my long position in BXSL, favoring its traditional BDC structure and Blackstone backing as the external manager. We looked to produce a hedge to our long position by writing covered calls, which is a slightly defensive strategy.
Neutral
Seeking Alpha
1 week ago
Blackstone Secured Lending Fund. (BXSL) Q2 2025 Earnings Conference Call Transcript
Blackstone Secured Lending Fund. (NYSE:BXSL ) Q2 2025 Earnings Conference Call August 6, 2025 9:30 AM ET Company Participants Brad Marshall - Trustee, Chairman & Co-CEO Carlos Whitaker - President Jonathan Gerald Bock - Co-Chief Executive Officer Stacy Wang - Head of Stakeholder Relations Teddy Desloge - Chief Financial Officer Conference Call Participants Arren Saul Cyganovich - Truist Securities, Inc., Research Division Casey Jay Alexander - Compass Point Research & Trading, LLC, Research Division Finian Patrick O'Shea - Wells Fargo Securities, LLC, Research Division Melissa Wedel - JPMorgan Chase & Co, Research Division Robert James Dodd - Raymond James & Associates, Inc., Research Division Operator Good day, and welcome to the Blackstone Secured Lending Second Quarter 2025 Earnings Call.
Positive
Zacks Investment Research
1 week ago
Compared to Estimates, Blackstone Secured Lending Fund (BXSL) Q2 Earnings: A Look at Key Metrics
The headline numbers for Blackstone Secured Lending Fund (BXSL) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
1 week ago
Blackstone Secured Lending Fund (BXSL) Q2 Earnings and Revenues Lag Estimates
Blackstone Secured Lending Fund (BXSL) came out with quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.89 per share a year ago.
Neutral
Business Wire
1 week ago
Blackstone Secured Lending Fund Reports Second Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL or the “Company”) today reported its second quarter 2025 results. Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of Blackstone Secured Lending Fund, said, “Despite recent market volatility, BXSL reported another strong quarter with net investment income per share of $0.77, covering our quarterly dividend for shareholders on a per share basis. Credit performance remained healthy with minimal non-accruals, underp.
Negative
Seeking Alpha
2 weeks ago
BDC Investors: Prepare For An Imminent Market Rotation
Despite my long-term bullish stance on BDCs, I believe the sector is primed for a correction and may deliver subpar total returns ahead. In fact, I would suggest total return focused investors rotating out of the BDC space to avoid a 1-3 year period of underperformance. Since my strategy is focused on high durable cash flows and long-term NAV stability, I remain invested in BDCs (although, with a prudent strategy).
Positive
Seeking Alpha
2 weeks ago
16 Ideal 'Safer' Dividend Dogs To Buy From 70 July Graham Value All-Stars (GVAS)
Graham All Star Value (GASV) strategy identifies top dividend 'dogs' offering high yield and fair pricing, using YCharts' large cap value and Ben Graham screens. Analyst projections suggest the top ten GASV stocks could deliver average net gains of 27.55% by July 2026, with moderate risk. Sixteen of the twenty-one lowest-priced, 'safer' GASV dividend stocks are currently buyable, with dividends exceeding share price for ideal picks.
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