Blackstone Secured Lending Fund May Be Worth The Premium Yielding 9.54%
Summary
- 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.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of ARCC, FSK, OBDC, MAIN, GSBD, BBDC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I plan on starting a position in BXSL sometime in May
Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.
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