Blackstone Secured Lending Fund (BXSL)

Financials · NYQ

$23.92-0.25% today

Price as at 2 Oct 2026, 12:03 UTC. Quotes are delayed.

Fundamentals

Market cap$5.36B
P/E ratio12.1
Dividend yield13.21%
Revenue growth (YoY)-9.0%
Profit margin31.7%
Return on equity7.1%
52-week range$22.47 to $28.59

Valuation and ratings

Analyst target (mean)$24.55
Analyst range$22.00 to $26.00
Analysts with price targets11
Consensus viewhold
Moat score62/100
Overall rating59/100, good quality

Blackstone Secured Lending Fund trades at $23.92. Blackstone Secured Lending Fund is a closed-end fund: a portfolio of other securities, valued by its holdings rather than by earnings of its own. An earnings-based fair value does not apply to it, so we publish none.

Our moat model scores it 62 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 12.1 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.

BXSL dividend history

Dividend yield13.21%
Paid, trailing 12 months$3.08 per share
Most recent payment$0.770, ex 30 Sept 2026
Consecutive years paid5

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$2.313
2025$3.084
2024$3.084
2023$2.944
2022$2.918
2021$0.5301

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.

BXSL earnings and analyst estimates

EPS estimate, next year$2.57
Expected EPS growth-6.1%
Expected revenue growth-0.4%

Recommendation mix, 11 published ratings

4 buy6 hold1 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Blackstone Secured Lending Fund

Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). In addition, the Fund elected to be treated for U.S. federal income tax purposes, as a regulated investment company (“RIC”), as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The fund also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The fund's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Fund seeks to achieve its investment objective primarily through originated loans, equity and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities.

Industry: Asset ManagementHQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

BXSL passes 3 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

4 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in BXSL

Trades in BXSL disclosed by members of Congress and executive-branch officials, latest first:

  • Donald J Trump · Executive branchBuy · $50,001 - $100,000 · traded 15 May 2026 · disclosed 1 Jul 2026

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

BXSL peers

The largest companies in the same industry (Asset Management), then in the same sector.

Every financials company we cover is on the Financials hub.

Common questions

Which funds own BXSL?

4 of the institutions we track reported a position in BXSL in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is BXSL's P/E ratio?

BXSL trades at 12.1 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 Secured Lending Fund (BXSL) pay a dividend?

Yes. Blackstone Secured Lending Fund yields 13.21% at the current share price. It has paid $3.08 per share over the trailing twelve months. It has paid a dividend in each of the last 5 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.

Where does SteadyShares get its BXSL data?

Fundamentals for BXSL come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 2 Oct 2026, 12:03 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for BXSL, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

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.