BSL vs. PSHNX
BSL (Blackstone Senior Floating Rate 2027 Term Fund) and PSHNX (Penn Capital Short Duration High Income Fund) are both High Yield Bonds funds. Over the past 5 years, BSL returned 3.93%/yr vs 4.81%/yr for PSHNX. Their 0.25 correlation means their historical movements had little consistent relationship. BSL charges 1.50%/yr vs 1.01%/yr for PSHNX.
Performance
BSL vs. PSHNX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BSL achieves a 0.40% return, which is significantly lower than PSHNX's 2.16% return.
BSL
- 1D
- 0.54%
- 1M
- 0.91%
- 6M
- 1.38%
- YTD
- 0.40%
- 1Y
- -0.34%
- 3Y*
- 9.25%
- 5Y*
- 3.93%
- 10Y*
- 5.63%
- ALL TIME*
- 4.83%
PSHNX
- 1D
- 0.00%
- 1M
- 0.05%
- 6M
- 1.85%
- YTD
- 2.16%
- 1Y
- 5.54%
- 3Y*
- 7.04%
- 5Y*
- 4.81%
- 10Y*
- —
- ALL TIME*
- 3.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $477.30K | $450.32K | $483.93K | |
| $0.00 | $0.00 | $0.00 |
BSL vs. PSHNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSL Blackstone Senior Floating Rate 2027 Term Fund | 0.40% | 2.15% | 18.16% | 20.03% | -22.88% | 28.33% | -4.44% | 14.06% | -7.52% | 3.96% |
PSHNX Penn Capital Short Duration High Income Fund | 2.16% | 7.72% | 7.19% | 8.72% | -2.26% | 3.43% | 0.88% | 7.40% | 0.61% | 0.65% |
Correlation
The correlation between BSL and PSHNX is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2017 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BSL vs. PSHNX — Risk / Return Rank
BSL
PSHNX
BSL vs. PSHNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Senior Floating Rate 2027 Term Fund (BSL) and Penn Capital Short Duration High Income Fund (PSHNX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BSL | PSHNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.90 | ||
| Sortino ratioReturn per unit of downside risk | -4.56 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.69 | -0.69 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 4.67 | -4.71 |
| Martin ratioReturn relative to average drawdown | -0.10 | 23.78 | -23.88 |
Loading charts...
Drawdowns
BSL vs. PSHNX - Drawdown Comparison
The maximum BSL drawdown since its inception was -43.83%, which is greater than PSHNX's maximum drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for BSL and PSHNX.
Loading charts...
Drawdown Indicators
| BSL | PSHNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.83% | -14.53% | -29.30% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -1.14% | -6.72% |
Max Drawdown (3Y)Largest decline over 3 years | -7.86% | -2.83% | -5.03% |
Max Drawdown (5Y)Largest decline over 5 years | -24.48% | -6.02% | -18.46% |
Max Drawdown (10Y)Largest decline over 10 years | -43.83% | — | — |
Current DrawdownCurrent decline from peak | -2.06% | -0.05% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -7.31% | -0.87% | -6.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 0.22% | +3.24% |
Volatility
BSL vs. PSHNX - Volatility Comparison
Blackstone Senior Floating Rate 2027 Term Fund (BSL) has a higher volatility of 1.18% compared to Penn Capital Short Duration High Income Fund (PSHNX) at 0.40%. This indicates that BSL's price experiences larger fluctuations and is considered to be riskier than PSHNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BSL | PSHNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 0.40% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 5.04% | 1.49% | +3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.53% | 1.88% | +4.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.44% | 2.65% | +7.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.35% | 3.13% | +13.22% |
BSL vs. PSHNX - Expense Ratio Comparison
BSL has a 1.50% expense ratio, which is higher than PSHNX's 1.01% expense ratio.
Dividends
BSL vs. PSHNX - Dividend Comparison
BSL's dividend yield for the trailing twelve months is around 8.23%, more than PSHNX's 5.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSL Blackstone Senior Floating Rate 2027 Term Fund | 8.23% | 8.45% | 9.46% | 10.76% | 6.89% | 5.75% | 7.65% | 8.15% | 9.21% | 5.93% | 5.86% | 7.27% |
PSHNX Penn Capital Short Duration High Income Fund | 5.97% | 6.27% | 6.43% | 4.95% | 3.47% | 3.17% | 3.95% | 3.65% | 3.13% | 1.46% | 0.00% | 0.00% |
Frequently Asked Questions
BSL and PSHNX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSL has higher volatility (1.18%) compared to PSHNX (0.40%). In terms of maximum drawdown, BSL dropped -43.83% vs PSHNX's -14.53%.
PSHNX currently has the higher Sharpe Ratio (2.85 vs -0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BSL and PSHNX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer