Blackstone Secured Lending Fund

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Blackstone Secured Lending Fund (BXSL) posts strong Q1 results

Blackstone Secured Lending Fund (BXSL) reported strong Q1 2024 earnings, demonstrating robust deal activity and financial resilience. While facing challenges such as spread compression and interest rate risk, the fund can leverage its strengths in risk management and investment themes to seize growth opportunities.

Blackstone Secured Lending Fund reports strong Q3 performance and growth

BXSL's Q3 performance showcased strength in NII, NAV growth, credit ratings, and successful capital deployment.
While challenges exist in managing PIK income, repayments, and market dynamics, opportunities in lower rates and deal activity are promising.
BXSL's focus on quality, documentation, and capital strategies align with market trends and growth potential.
Overall, BXSL's solid performance, validated platform, and strategic positioning indicate a positive outlook for future growth.

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The full company name is Blackstone Secured Lending Fund.

Alerian MLP ETF

VanEck Vectors BDC Income ETF

Blackstone Group

Enterprise Products Partners

Energy Transfer LP Unit

Hercules Capital

Mid-America Apartment Communities

Main Street Capital

MPLX

Morgan Stanley Direct Lending Fund

Realty Income Corp

Blue Owl Capital Corp III

Vanguard Real Estate ETF

W. P. Carey

Generating tax-efficient high yields is a major priority for many retirees. This article draws on three defensive sectors to build a tax-friendly portfolio. I share some of my favorite retirement income picks to build an 8%-yielding portfolio that should grow its payout at or faster than the rate of inflation.

8%-Yielding Tax-Free Portfolio For Retirement Passive Income

Ares Capital

British American Tobacco

Imperial Brands PLC

Altria

Blue Owl Capital Corp

Philip Morris

SPDR S&P 500 ETF Trust

The S&P 500 currently yields just 1.2%, a level that may not be suitable for most income investors. In this article, I present 2 higher yielding stocks that are either reasonably valued or undervalued. Both carry strong balance sheets, pay well-covered dividends, and have plenty of capacity for growth.

I'm Locking 7-10% Yields In This Upside-Down Market

Blackstone Secured Lending Fund is an externally managed BDC that maintains a wide range of exposure to several industries. The BDC focuses on maintaining quality debt investments on a majority senior secured and floating rate basis. BXSL's non-accruals remain incredibly low, which reinforces management's underwriting ability.

Blackstone Secured Lending: Strong Dividend Coverage And Growing Investment Commitments Make This A Buy

Apollo Global Management

Ares Management

Brookfield Asset Management

Brookfield Renewable Partners

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

Brookfield Corp

Capital Southwest

Goldman Sachs

JPMorgan Chase & Co

SPDR S&P Regional Banking ETF

New York Community Bancorp

Schwab US Dividend Equity ETF

Sixth Street Specialty Lending

Cohen & Steers Infrastructure Fund Inc

I love investing in high yield stocks. However, not all high yield subsectors are good investments all the time. I share one high yield subsector that Mr. Market is overrating and one that he is underrating.

Very Overrated And Very Underrated High Yield Sectors

The Federal Reserve said that it only expects to cut rates once in FY 2024, resulting in a higher-for-longer rate world. Blackstone Secured Lending therefore benefits from its variable rate loan strategy. The dividend has been well-covered with NII. A low non-accrual percentage is a distinguishing feature of BXSL.

Blackstone Secured Lending: The Fed Just Made This 10% Yielding BDC A Strong Buy (Rating Upgrade)

Bristol-Myers

Kinder Morgan

Pfizer

Vici Properties

The Dividend Harvesting Portfolio generated over $100 of dividend income in May, with a return on invested capital of 14.14%. The portfolio's diversification helped stabilize market conditions, with a 1.45% growth in profitability despite market declines. Dividend income from various investment baskets, including equities, ETFs, REITs, CEFs, BDCs, and treasuries, contributes to portfolio growth.

Dividend Harvesting Portfolio Week 170: $17,000 Allocated, $1,515.47 In Projected Dividends

Blackstone Secured Lending has seen its share price appreciate by nearly 23% in the past year, leading to a significant premium to its NAV price. BXSL's latest quarter showed a decline in net investment income, but net income increased, and dividend coverage remained solid. I think that a pullback in BDC share prices may occur once interest rates decline, and suggest investors to wait for a better entry point.

Blackstone Secured Lending: This Near 10% Yielding BDC Is Worth Buying On A Pullback

Amcor Plc

Chevron

Con Ed

Federal Realty Investment Trust

Johnson & Johnson

Coca-Cola

NextEra Energy

ProShares S&P 500 Dividend Aristocrats ETF

Dividend Aristocrats are generally excellent stocks for a retiree's passive income portfolio. They generally have wide moats, strong balance sheets, excellent management teams, and the ability to navigate all sorts of economic environments. We provide a diversified portfolio of 10 Dividend Aristocrats that have the potential to fund living expenses indefinitely and grow at a rate that beats inflation.

If I Had To Retire With 10 Dividend Aristocrats, It Would Be These

We take a look at the action in business development companies through the third week of May and highlight some of the key themes we are watching. BDCs were flat on the week, with a month-to-date gain of nearly 2% supported by decent earnings and a higher-for-longer Fed environment. BDC Q1 earnings reports mostly show a drop in net income, due to seasonality, a pivot to first-lien assets, deleveraging, and a shift to higher-coupon debt.

BDC Weekly Wrap: Net Income Mostly Falls In Q1

Blackrock Inc

Carlyle Group

TCG BDC

Global X SuperDividend US ETF

Enbridge

FS KKR Capital Corp

Goldman Sachs BDC

Microsoft

High-yield stocks have underperformed recently. We discuss why. We also discuss how we have managed to outperform despite the headwinds and how we plan to continue doing so moving forward.

Very Bad News For Big Dividend Stocks

While the broader BDC sector has materially underperformed the S&P 500 over time, there are a handful of BDCs whose total returns have left the S&P 500 in the dust. We examine the secret sauces that have enabled them to generate such impressive long-term outperformance and strong dividend growth. We also discuss which of them is the best buy today.

The Secret Sauce Of The Best-Performing BDCs

Blackstone Secured Lending is a compelling passive income investment with excellent credit quality and a strong dividend coverage ratio. The BDC's investment portfolio is primarily focused on First Lien Debt, positioning it well for potential rate cuts. Despite a premium price, Blackstone Secured Lending's quality profile makes it worth the investment for passive income investors.

Blackstone Secured Lending: The Ultimate Peace-Of-Mind BDC Paying You 10%

American Tower

Dominion Energy

JPMorgan Nasdaq Equity Premium Income ETF

iShares Preferred and Income Securities ETF 

Virtus InfraCap U.S. Preferred Stock ETF

Cohen & Steers Quality Income Realty Fund

Southern Company

TC Energy

Charlie Munger once said that saving $100,000 is a crucial first step towards financial independence. We discuss why this is and share a method for how to invest $100,000 once you reach that milestone. We share five funds and six stocks that can provide long-term, low-maintenance lucrative passive income and growth.

Invest $100,000 In A 7.2%-Yielding Dividend Snowball Portfolio

Business development companies are popular income instruments with high dividend yields and perceived stability. However, there are some important lessons that I did not learn until after I had already been investing in BDCs for a while. I share three of the most important ones in this article that may help you avoid major disappointments when investing in BDCs.

What I Wish I Knew Before Investing In BDCs

AMC Entertainment

GameStop

Medical Properties Trust

Reddit Inc

Meme stocks like AMC and GameStop are surging again, driven by retail investors and the return of "Roaring Kitty" on Reddit. However, this is likely bad news for dividend stocks.

Why The Meme Stock Craze Is Bad News For Dividend Stocks

Apple

AbbVie

AGNC Investment

Antero Midstream Partners

Apple Hospitality REIT

Apollo Commercial Real Estate Finance

Broadcom

Boeing

Alibaba

Bank of America

BASF SE

B&G Foods

Bank of Montreal

Bayerische Motoren Werke AG

Bank of Nova Scotia

BRT Apartments

Colgate-Palmolive

Canadian Imperial Bank of Commerce

Portfolio changes in April focus on BDCs, aiming to increase dividend income by at least $100 each month. Dividend income hit a new all-time record for April of $736, basically flat Y/Y and up 12% sequentially. Gifted Working Time 2024: Around 85 hours, or 10.6 days, of active work have been replaced with passive income in 2024, which is equivalent to more than two entire workweeks.

My Dividend Stock Portfolio: New April Dividend Record - 101 Holdings With 22 Buys

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (“BXSL” or the “Company”) announced today that it has priced an underwritten public offering of $400.0 million in aggregate principal amount of 5.875% notes due 2027. The notes will mature on November 15, 2027 and may be redeemed in whole or in part at BXSL's option at the applicable redemption price. The Company expects to use the net proceeds from this offering for general corporate purposes, which may include, among other.

Blackstone Secured Lending Fund Prices Public Offering of $400.0 million 5.875% Unsecured Notes due 2027

Kilroy Realty

Kilroy Realty offers a 6.3% dividend yield and has strong leasing activity, despite negative market sentiment. Blackstone Secured Lending provides a 9.7% dividend yield and has a well-diversified portfolio with a low non-accrual rate. Both stocks offer attractive dividends that are well-covered, and have potential for capital appreciation.

2 Big Yields From An Undervalued REIT And Growing BDC

Blackstone Secured Lending Fund is gaining attention despite having fewer followers than other BDCs. There are risks associated with investing in BXSL, including potential impact from declining interest rates and economic downturns. BXSL is backed by Blackstone and has a strong funding profile, well-diversified investments, and a growing dividend, making it an attractive investment option.

Blackstone Secured Lending Fund May Be Worth The Premium Yielding 9.54%

Blackstone Secured Lending Fund (NYSE:BXSL ) Q1 2024 Earnings Conference Call May 8, 2024 9:30 AM ET Company Participants Stacy Wang - Head, Stakeholder Relations Brad Marshall - Chairman & Co-Chief Executive Officer Jonathan Bock - Co-Chief Executive Officer Teddy Desloge - Chief Financial Officer Carlos Whitaker - President Conference Call Participants Melissa Wedel - JPMorgan Mark Hughes - Truist Paul Johnson - KBW Ken Lee - RBC Capital Markets Robert Dodd - Raymond James Casey Alexander - Compass Point Operator Good day and welcome to the Blackstone Secured Lending First Quarter 2024 Investor Call. Today's conference is being recorded.

Blackstone Secured Lending Fund (BXSL) Q1 2024 Earnings Call Transcript

Blackstone Secured Lending Fund (BXSL) came out with quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.93 per share a year ago.

Blackstone Secured Lending Fund (BXSL) Misses Q1 Earnings and Revenue Estimates

Warren Buffett once encouraged investors to only make a few high-quality investment decisions and then let time and compounding do their work. I apply that approach to high-yield investing by selecting the stocks I would pick to retire on if I could only choose five. I also list several other honorable mentions.

If I Had To Retire With Only 5 Stocks, It Would Be These

NVIDIA

Starwood Property

AT&T

T-Mobile US

The article provides a guide on how to invest $100,000 in dividend stocks for a reliable stream of income.

How I Would Invest $100k In Today's Market To Collect A Safe Near 9% Yield

News for Blackstone Secured Lending Fund ETF (BXSL)