ryasick
Blackstone Secured Lending (NYSE:BXSL) is a top BDC choice for investors as the investment firm offers one of the best balance sheet profiles in the BDC industry. Blackstone Secured Lending is also a growing BDC with strong net funding
Blackstone Secured Lending: Best-Of-Breed BDC With A 9% Yield
Summary
- Blackstone Secured Lending is a top BDC choice due to its strong balance sheet, robust net funding trend, and reliable dividend coverage.
- Blackstone Secured Lending's non-accrual percentage remained exemplary in the fourth quarter.
- BXSL trades at a 21% premium to net asset value, reflecting its high-quality balance sheet and strong financial performance.
- Risks include potential changes in the non-accrual percentage and first lien performance, which could impact the bullish outlook on BXSL.
I am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of BXSL, ARCC, FSK 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.
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