UBS has initiated coverage on Blackstone Secured Lending Fund (BXSL) with a Neutral rating as of September 10, 2025. This marks the firm's first assessment of the investment's merit, reflecting a comprehensive analysis of the company's business model, industry dynamics, and growth prospects.
Blackstone Secured Lending Fund, a non-diversified closed-end investment company headquartered in New York City, focuses on generating current income and, to a lesser extent, long-term capital appreciation. The fund invests at least 80% of its total assets in secured debt investments, primarily through originated loans and other securities, including first lien senior secured and unitranche loans, of private U.S. companies. The firm operates across various sectors, such as aerospace and defense, healthcare, and commercial services.
As of now, BXSL's market capitalization stands at $6.0 billion, with a trailing P/E ratio of 10.08 and an impressive dividend yield of 1170.7%. Upcoming earnings reports are anticipated on August 4, 2026, with an estimated EPS of $0.76 and revenue of $362.1 million.
Analyst ratings like this one provide insights based on research and financial models. However, investors should consider various factors, including company fundamentals and industry trends, when making decisions. Ratings can change as new information emerges, and differing opinions among analysts can further influence market perceptions.