BXSL Stock Recent News

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.

Big dividends sound great, but how about big losses? Since Q2 2025 began, book values got smacked. Not talking about share prices. You can tell if the share price declined (hopefully). That would be a worthless article. One of these high-yield sectors has been doing much better than the others.

Retiring on dividend cash flow offers predictable income and long-term growth, making it ideal for offsetting inflation and market volatility risks. I share the key principles for building a low-stress, high-yield portfolio for retirement. I share a model portfolio with numerous picks that combine for a ~7% yield and the potential to deliver inflation-beating dividend growth.

I use YCharts' Value Score and Ben Graham Formula to identify large-cap stocks offering strong value relative to profits, assets, and dividends. Eighteen of twenty-four 'safer' lowest-priced Dividend Dogs of the GVAS are fair-priced and ready to buy for income-focused investors. Top ten GVAS stocks are projected to deliver 17.99% to 68.74% net gains by May 2026, with average risk 29% below the market.

Blackstone Secured Lending is a strong buy due to its low non-accrual percentage and robust portfolio/NII growth. The BDC's net investment income grew 14% year-over-year, easily covering the $0.77 per-share dividend with a solid coverage ratio of 1.08X. Despite trading at a 17% premium to NAV, BXSL's near-zero non-accruals and top notch balance sheet quality justify the valuation.

It is rare to find investments with high yields, strong capital appreciation potential, and relatively low risk. However, there are exceptions to this. We discuss two of these opportunities with yields of 8-10%.

I maintain a hold rating on Blackstone Secured Lending Fund due to economic uncertainties and potential lower base rates impacting dividend coverage and share price. Despite strong fundamentals, BXSL's net investment income and yield have declined, and investment commitments and fundings have dropped below $1 billion. BXSL's robust liquidity, investment-grade balance sheet, and high first-lien exposure support maintaining the current $0.77 dividend in the near to medium-term.

Focusing on downside protection is crucial; unrealized gains can evaporate, making diversified income stocks with meaningful yields essential for retail investors. Blackstone Secured Lending offers a 10.4% yield with a portfolio of first-lien, sponsor-backed loans, a strong balance sheet, and reliable dividend coverage. Energy Transfer provides a 7.6% yield with fee-based midstream operations, strategic infrastructure assets, and well-covered, growing distributions, insulated from commodity price swings.

Blackstone Secured Lending Fund is a top BDC for passive income, offering high credit quality, stable NAV, and strong net investment income growth. BXSL's portfolio is 98% First Lien debt, with a low non-accrual ratio of 0.1%, the lowest in its peer group. The BDC has a safe dividend with a 93% payout ratio, supported by robust interest income and consistent new investment fundings.

Blue-chip high yields are often looked to for stable and attractive passive income and total returns. However, several of these are on increasingly shaky footing right now. I detail why and share some examples in the article.