BXSL Stock Recent News

Blackstone Secured Lending fund is a BDC that lends money to private companies. It has a 10% yield despite having a low-risk portfolio (compared to other BDCs). Its net interest income continues growing at a time when other BDCs are experiencing issues, while its earnings have declined less than at similar funds.

BXSL maintains strong fundamentals, with low non-accruals and a resilient, diversified portfolio, supporting my continued buy rating, despite a higher premium to NAV. The company's large cash position and focus on software, healthcare, and professional services position it well for future growth and new investment opportunities. Dividend yield remains attractive at 9.7%, with net investment income providing solid coverage and consistency, making distributions sustainable for the foreseeable future.

BXSL rebounded 10% since my last bullish call, as market panic over tariffs eased and valuations normalized. Q1 2025 results show strong fundamentals: 98% first-lien debt, resilient portfolio, and 0.3% non-accruals—among the best in the sector. Lower interest rates pressured NII, but BXSL still covered its $0.77 dividend with a healthy 108% payout ratio and 11.2% yield.

Investing based on brand is not the wisest thing one could do. Yet, in certain sectors, including in the BDC space, strong brands could indicate interesting opportunities. In this article, I share how well-established BDC origination partners could help create durable value for shareholders.

We all learn over time. Some of us more than others. The agency mortgage REIT price-to-book ratios are getting really high, except for the weaker ones. That doesn't make the weak ones a great bargain. Main Street Capital stands out among BDCs for superior management and NAV growth, but that valuation just refuses to come down.

9%+ yields backed by strong business models, balance sheets, and track records are generally extremely popular with income investors. However, they are not always good buys. I detail one very popular high-yield stock that is not a good buy right now and one that is.

Social Security's recent boost is a rare win for retirees, supporting incomes now despite looming long-term challenges ahead. The retirement age is rising globally, creating tough realities for many workers, especially those in physical jobs and lower incomes. Given uncertain government support, building personal retirement income is crucial, which is why I focus on two reliable, income-generating investments.

Recent Fed actions and economic data suggest a material risk of further interest rate cuts in the near to medium term. Lower rates threaten BDC dividend sustainability, even for solid names like ARCC and BXSL, as shown by recent NII declines. In this article, I discuss two high-quality BDCs (not ARCC and BXSL), which investors should consider divesting if they also assume an interest rate cut scenario as a base case.

High-yield, blue-chip stocks are the holy grail of retiring on dividends. I share some of my favorite 7-10% yielding blue chips that look like attractive picks for retirees. I also share some of the risks to keep in mind.

I am increasingly cautious on BDCs due to rising non-accruals, weaker earnings, and looser underwriting amid intense competition for private credit deals. Elevated interest rates are suppressing BDC valuations and making it harder for borrowers to service debt, leading to fewer quality investment opportunities. Dividend coverage is weakening across many BDCs, with higher non-accruals and PIK income threatening the sustainability of distributions investors rely on.