Blackstone Secured Lending Fund (BXSL) has a MoatMap StockRank of 49/100 based on Quality (55/100), Value (53/100), and Momentum (27/100) factor scores. The current signal is HOLD. Blackstone Secured Lending is a well-managed BDC offering attractive yield, but it operates as a financial intermediary rather than a high-ROIC, asset-light compounder. It lacks direct alignment with our core structural macro themes.
Blackstone Secured Lending Fund is a specialty finance company operating as a business development company (BDC) that primarily invests in first-lien senior secured loans of private U.S. middle-market companies. Managed by an affiliate of Blackstone Credit, the fund leverages institutional-grade underwriting and a vast proprietary deal sourcing network. It represents a leading non-bank lender characterized by a defensive, yield-generating investment portfolio.
| Price | $23.96 |
| Market Cap | $5.5B |
| P/E (TTM) | 12.32 |
| P/E (Forward) | 9.09 |
| Price/Book | 0.90 |
| Return on Equity | 7.1% |
| Debt/Equity | 131.71 |
| Gross Margin | 100.0% |
| Operating Margin | 87.0% |
| Revenue Growth | -9.0% |
| Dividend Yield | 13.1% |
| Free Cash Flow | $367M |
Blackstone Secured Lending Fund operates in the Asset Management industry, part of the Financial Services sector (United States).