BXSL Stock Recent News

Despite my long-term bullish stance on BDCs, I believe the sector is primed for a correction and may deliver subpar total returns ahead. In fact, I would suggest total return focused investors rotating out of the BDC space to avoid a 1-3 year period of underperformance. Since my strategy is focused on high durable cash flows and long-term NAV stability, I remain invested in BDCs (although, with a prudent strategy).

Graham All Star Value (GASV) strategy identifies top dividend 'dogs' offering high yield and fair pricing, using YCharts' large cap value and Ben Graham screens. Analyst projections suggest the top ten GASV stocks could deliver average net gains of 27.55% by July 2026, with moderate risk. Sixteen of the twenty-one lowest-priced, 'safer' GASV dividend stocks are currently buyable, with dividends exceeding share price for ideal picks.

I detail why buying income machines is such a powerful way to fund a retirement. I share my four favorite income machines. I detail why they are my favorites.

With inflation sticky and rate cuts unlikely in 2024, investors should consider repositioning into high-yield stocks to offset volatility. Ares Capital (ARCC) and Blackstone Secured Lending (BXSL) offer strong fundamentals, high yields, and benefit from higher-for-longer interest rates. Verizon (VZ) and Realty Income (O) provide attractive yields and blue-chip stability, despite near-term headwinds from elevated rates.

BDCs have performed unexpectedly well this year. Despite the growing uncertainty in the system and high probabilities for incremental base rate cuts, the BDC index is up on a YTD basis. This is not the right setup for being aggressive here.

We discuss the single most important metric to look for in stocks that you plan to buy and hold for the long term. We share two opportunities that yield ~7%, which score very high on this metric. We detail other reasons why these are great big dividend machines to buy and hold for the long term as well.

We discuss the secrets to building a near-perfect dividend snowball. We discuss many of the best dividend machines for building a dividend snowball portfolio. We share a model portfolio that yields 8% and should not only provide sustainable income, but also grow its dividends over time.

BXSL is a top-tier BDC, which trades at a 15% premium to NAV. This implies almost a 20% valuation spread compared to the average BDC. The question is whether it makes sense to buy the BDC at this price.

BXSL offers a 9.6% dividend yield, fully covered by net investment income, and boasts strong credit quality with minimal non-accruals. Backed by Blackstone, BXSL's portfolio is nearly 100% first lien, floating rate loans, providing defensiveness and scale in origination. The main risk is declining dividend coverage if Fed rate cuts reduce net investment income, though management plans to cut costs if needed.

Similar preferred shares trade at materially different prices. One of these preferred shares is surprisingly expensive. One of the best BDCs is nearing an incredibly rare threshold.