BXSL: Valuation Becomes More Attractive While Offering A Strong Dividend For Income Investors
BXSLBlackstone Secured Lending Fund(BXSL) Seeking Alpha·2024-09-10 05:32
PM ImagesWritten by Nick Ackerman Blackstone Secured Lending Fund (NYSE:BXSL) has performed fairly well since our prior update. However, some of those upside gains have been given back, with the price sliding lower since the early May highs, where it started to trade over $32 a share. BXSL still trades at a premium to its net asset value per share, but the NAV has been climbing higher, and it is at a relatively more attractive valuation with this lower share price. I rated it a 'Buy' in that previous pi ...