Highlights
- Market Cap
- $5.43B
- Enterprise Value
- $5.14B
- EPS (TTM)
- $1.85
- PE Ratio
- 12.78
- Total Revenue (TTM)
- -$320.20M
- Gross Profit (TTM)
- $481.76M
- EBITDA (TTM)
- $451.21M
- Year Range
- $23.04 - $32.81
- Target Price
- $26.00
- ROA (TTM)
- 2.90%
- ROE (TTM)
- 6.81%
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Blackstone Secured Lending Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
Blackstone Secured Lending Fund (BXSL) has returned -7.02% so far this year and -17.82% over the past 12 months.
Blackstone Secured Lending Fund
- 1D
- 2.91%
- 1M
- 2.52%
- YTD
- -7.02%
- 6M
- -3.35%
- 1Y
- -17.82%
- 3Y*
- 9.34%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Oct 28, 2021, BXSL's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, your investment would double in approximately 7.9 years.
Historically, 57% of months were positive and 43% were negative. The best month was Dec 2021 with a return of +10.7%, while the worst month was Jan 2022 at -14.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BXSL closed higher 51% of trading days. The best single day was Dec 23, 2021 with a return of +9.0%, while the worst single day was Apr 4, 2025 at -7.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.54% | -6.94% | 2.52% | -7.02% | |||||||||
| 2025 | 3.90% | 0.42% | -1.71% | -9.46% | 8.81% | -1.12% | 2.60% | -5.01% | -10.44% | 1.42% | 4.35% | -1.79% | -9.36% |
| 2024 | 3.51% | 3.46% | 7.88% | 1.73% | -0.69% | -0.29% | 0.13% | -1.66% | -0.31% | 6.28% | 4.66% | 1.54% | 29.02% |
| 2023 | 10.07% | 5.28% | -1.08% | 3.49% | -0.66% | 9.54% | 3.95% | -2.29% | 1.25% | 0.04% | 3.65% | 0.12% | 37.82% |
| 2022 | -14.63% | -0.14% | -1.17% | -1.11% | -9.29% | -2.54% | 0.18% | 0.98% | -1.66% | 2.42% | 2.79% | -4.12% | -26.03% |
| 2021 | 4.96% | 7.59% | 10.66% | 24.96% |
Benchmark Metrics
Blackstone Secured Lending Fund has an annualized alpha of 5.55%, beta of 0.51, and R² of 0.14 versus S&P 500 Index. Calculated based on daily prices since October 29, 2021.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (41.27%) than losses (31.15%) — typical of diversified or defensive assets.
- Beta of 0.51 may look defensive, but with R² of 0.14 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R² of 0.14 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.55%
- Beta
- 0.51
- R²
- 0.14
- Upside Capture
- 41.27%
- Downside Capture
- 31.15%
Return for Risk
Risk / Return Rank
BXSL ranks 12 for risk / return — in the bottom 12% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Blackstone Secured Lending Fund (BXSL) and compare them to a chosen benchmark (S&P 500 Index).
| BXSL | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.76 | 0.90 | -1.65 |
Sortino ratioReturn per unit of downside risk | -0.97 | 1.39 | -2.35 |
Omega ratioGain probability vs. loss probability | 0.88 | 1.21 | -0.33 |
Calmar ratioReturn relative to maximum drawdown | -0.74 | 1.40 | -2.14 |
Martin ratioReturn relative to average drawdown | -1.27 | 6.61 | -7.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore BXSL risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Blackstone Secured Lending Fund provided a 13.00% dividend yield over the last twelve months, with an annual payout of $3.08 per share. The company has been increasing its dividends for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $3.08 | $3.08 | $3.08 | $2.94 | $2.91 | $0.53 |
Dividend yield | 13.00% | 11.70% | 9.53% | 10.64% | 13.02% | 1.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Blackstone Secured Lending Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.77 | $0.77 | |||||||||
| 2025 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.77 | $3.08 |
| 2024 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.77 | $3.08 |
| 2023 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.77 | $2.94 |
| 2022 | $0.10 | $0.00 | $0.68 | $0.00 | $0.20 | $0.53 | $0.20 | $0.00 | $0.60 | $0.00 | $0.00 | $0.60 | $2.91 |
| 2021 | $0.53 | $0.53 |
Dividend Yield & Payout
Dividend Yield
Blackstone Secured Lending Fund has a dividend yield of 13.00%, which means its dividend payment is significantly above the market average.
Payout Ratio
Blackstone Secured Lending Fund has a payout ratio of 238.63%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Blackstone Secured Lending Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Blackstone Secured Lending Fund was 36.80%, occurring on Jul 6, 2022. Recovery took 411 trading sessions.
The current Blackstone Secured Lending Fund drawdown is 21.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.8% | Dec 27, 2021 | 132 | Jul 6, 2022 | 411 | Feb 23, 2024 | 543 |
| -24.21% | Feb 20, 2025 | 277 | Mar 27, 2026 | — | — | — |
| -9.35% | May 7, 2024 | 62 | Aug 5, 2024 | 54 | Oct 21, 2024 | 116 |
| -8.87% | Nov 12, 2021 | 13 | Dec 1, 2021 | 8 | Dec 13, 2021 | 21 |
| -6.19% | Dec 14, 2021 | 2 | Dec 15, 2021 | 6 | Dec 23, 2021 | 8 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Blackstone Secured Lending Fund over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Blackstone Secured Lending Fund is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for BXSL, comparing it with other companies in the Asset Management industry. Currently, BXSL has a P/E ratio of 12.8. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for BXSL in comparison with other companies in the Asset Management industry. Currently, BXSL has a P/B value of 0.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |