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USFinancial Services

Blackstone Secured Lending Fund (BXSL)

US · Financial Services · Asset Management

$25.32+1.77%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$282.4M
Revenue YoY
+10.9%
Net profit
$9.5M
Profit YoY
-93.9%
EPS
$0.75
EPS estimate
$0.66
Net margin
3.4%

EPS came in at 0.75 against a street estimate of 0.66 — a beat of 13.6%.

Key statistics

Market cap
$5.69B
P/E
19.2
Forward P/E
9.9
P/B
0.96
Book value
$25.53
EPS (TTM)
$1.27
Dividend yield
12.70%
52-week high
$26.04
52-week low
$21.77
50-day MA
$24.01
200-day MA
$24.71
Beta
0.43

Analyst view

Analysts rate Blackstone Secured Lending Fund a buy (6 buy, 3 hold, 0 sell out of 9) with an average price target of $24.66.

From the latest earnings call · 2026-08-06

CONFIDENT BXSL generated $0.75 NII per share (11.4% yield) vs $0.77 dividend. Portfolio repayments accelerated to 21% annualized rate. NAV declined 2.8% to $25.53 due to spread widening and underperforming assets. Management expects deal activity to improve. Q2 2026 No regional breakdown provided; portfolio is primarily North American direct lending. Analysts pressed on restructuring sustainability (redefault risk), pricing dispersion across transaction types, and pull-to-par accretion. Management emphasized 20-year BXCI track record (10bps loss rate), differentiated pricing by structure, and expectation that marked assets repay par over time despite temporary mark pressure. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
8.64%
Institutions
45.62%

Largest institutional holders

FundStake
Morgan Stanley - Brokerage Accounts2.57%
Bank of America Corp2.47%
UBS Group AG2.03%
STRS OHIO1.72%
Nomura Asset Management Co Ltd1.53%
Blackstone Inc1.38%
Generali Asset Management SPA SGR1.12%
Ensign Peak Advisors Inc1.12%

Recent filings & reports

DocumentDate
Material agreement · Q3 2026
BLACKSTONE SECURED LENDING FUND (BXSL) - FORM 8-K SUMMARY HEADLINE NUMBERS • Total credit facility commitments: $2.375 billion (reduced from $2.425
2026-08-12
Quarterly report · Q2 2026
BLACKSTONE SECURED LENDING FUND (BXSL) - QUARTERLY SUMMARY HEADLINE NUMBERS • Total Net Assets: $5,938,733 thousand ($5.94 billion) as of June 30, 2
2026-08-06
Results announced · Q3 2026
BLACKSTONE SECURED LENDING FUND (BXSL) — Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Net asset value: $5.9 billion ($25.53 per share) as of June 30,
2026-08-06
Board / officer change · Q3 2026
BLACKSTONE SECURED LENDING FUND (BXSL) - 8-K SUMMARY OTHER NOTABLE POINTS • Officer Departure: Jonathan Bock resigned as Co-Chief Executive Officer
2026-07-24
Proxy statement · Q3 2026
BLACKSTONE SECURED LENDING FUND — PROXY STATEMENT SUMMARY HEADLINE NUMBERS • Meeting Date: September 24, 2026, 10:00 a.m. Eastern Time (virtual only
2026-06-29
Board / officer change · Q2 2026
BLACKSTONE SECURED LENDING FUND (BXSL) - FORM 8-K SUMMARY OTHER NOTABLE POINTS • Chief Operating Officer Departure: Katherine Rubenstein departed he
2026-06-18
Quarterly report · Q1 2026
BLACKSTONE SECURED LENDING FUND (BXSL) - Q1 2026 SUMMARY HEADLINE NUMBERS • Total Assets: $14.44 billion (March 31, 2026) vs $14.66 billion (Decembe
2026-05-07
Annual report FY2025
BLACKSTONE SECURED LENDING FUND (BXSL) - 10-K SUMMARY HEADLINE NUMBERS • Market capitalization (non-affiliate holdings): $6,968 million as of June 3
2026-02-25

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.77 / share
ex-date Sep 30, 2026 · pay Oct 23, 2026
2026-09-30
Dividend$0.77 / share
ex-date Jun 30, 2026 · pay Jul 24, 2026
2026-06-30
Dividend$0.77 / share
ex-date Mar 31, 2026 · pay Apr 24, 2026
2026-03-31
Dividend$0.77 / share
ex-date Dec 31, 2025 · pay Jan 23, 2026
2025-12-31
Dividend$0.77 / share
ex-date Sep 30, 2025 · pay Oct 24, 2025
2025-09-30

Deals & corporate news

AnnouncementDate
Board approves $250 million share repurchase program below NAV
Blackstone Secured Lending Fund (BXSL) reported strong fourth-quarter 2025 results with net investment income of $0.80 per share, fully covering its dividend. The company deployed over $1 bi
2026-02-25

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Data updated 2026-09-18.