Blackstone Senior Floating Rate 2027 Term Fund (BSL)
Financial Services · NYQ
Fundamentals
Valuation and ratings
Blackstone Senior Floating Rate 2027 Term Fund trades at USD12.93, close to the USD14.13 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 57 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 22.9 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
BSL dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.523 | 6 |
| 2025 | USD1.14 | 12 |
| 2024 | USD1.36 | 11 |
| 2023 | USD1.44 | 13 |
| 2022 | USD0.856 | 11 |
| 2021 | USD0.988 | 12 |
| 2020 | USD1.09 | 12 |
| 2019 | USD1.32 | 12 |
| 2018 | USD1.41 | 12 |
| 2017 | USD1.16 | 12 |
| 2016 | USD1.16 | 12 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Blackstone Senior Floating Rate 2027 Term Fund
Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in senior secured, floating rate loans that are issued by corporations, partnerships, and other business entities. It seeks to invest in securities that are rated below investment grade. The fund invests in securities across the maturity spectrum, while maintaining an average duration of less than one year. It employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Blackstone Senior Floating Rate 2027 Term Fund was formed on March 4, 2010 and is domiciled in the United States.
BSL passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Blackstone Senior Floating Rate 2027 Term Fund (BSL) undervalued?
Against our discounted cash flow estimate of USD14.13, BSL at USD12.93 is 9% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is BSL's P/E ratio?
BSL trades at 22.9 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Blackstone Senior Floating Rate 2027 Term Fund (BSL) pay a dividend?
Yes. Blackstone Senior Floating Rate 2027 Term Fund yields 8.11% at the current share price. It has paid USD1.07 per share over the trailing twelve months. It has paid a dividend in each of the last 16 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.