BXSL BDC — Blackstone Secured Lending Fund

Blackstone Secured Lending Fund (BXSL)

Updated October 2, 2026.

BXSL is a BDC. its distribution rate is 13.05%, its trailing-12-month yield is 13.05%. Dividend Vision Distribution Safety Score™ is 80/100 (Safe). Total return is 47.1% over the past 4.9 years, 32.4 points behind SPY at 79.5%.

At the current 13.05% distribution rate, a $10,000 investment would generate approximately $1,305 per year, or about $326.25 per quarter if the next payment matches the last regular one.

BXSL performance versus SPY

Price and return data through 2026-10-02.

Total return is 47.1% over the past 4.9 years, 32.4 points behind SPY at 79.5%. Over the past year its total return — price change plus distributions reinvested — is 0.7%. Its deepest 1-year drawdown was 14.8%.

BXSL key facts

Distribution Safety Score™

80 · Safe

Safety-Adjusted Yield

10.44%

Issuer

Blackstone

Asset type

BDC

Asset class

Equity

Distribution rate

13.05%

Distribution frequency

Quarterly

Trailing yield

13.05%

Last close

$23.61 (as of 2026-10-02)

Market cap

$5,500,423,187

Average volume

1812100.0

Next dividend

$0.77

Last ex-dividend date

09/30/2026

Next payment date

10/23/2026

Beta

0.433

Payout ratio

98.1%

P/E ratio

18.89

Forward P/E

9.9602

EPS

$1.25

How Dividend Vision calculates yield and returns

Distribution rate (13.05%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (13.05%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Blackstone; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BXSL risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 14.8%.

Who may consider BXSL — and who may not

BXSL may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (BXSL pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare BXSL

BXSL vs similar funds:

• BXSL vs ARCC

Frequently asked questions

More securities from Blackstone.