Hello folks,
investment pot :
🔴
🟡
🟢 <<== Long-Term (over 1-5 years) ; Retirement/Savings
thesis:
"There are good alternatives to the SP500"
instrument:
The Blackstone Secured Lending Fund (NYSE: BXSL) is a Business Development Company (BDC) that primarily invests in the 'first lien senior secured debt*' of private U.S. companies. As a subsidiary of Blackstone, the world's largest alternative asset manager, BXSL provides financing solutions to companies in need of credit.
With a market cap of over $5.9 billion, BXSL is one of the largest BDCs in the US.
idea:
The chart shows BSXL divided by the SP500 (SPY):
As we can see, it outperforms the SP500 by approx. 10 percentage points.
Additionally, it is building further upside-potential against the Index.
Investors seeking a decent value pick as long-term savings/retirement hold, this Fund could be an interesting alternative. Assuming further dropping of interest rates in Q4/2024, this credit intensive business could profit from easing access to liquidity.
technical:
Ascending Triangle in comparison to the SPY500-ETF.
fundamentals:
💰Strong Dividend Yield: BXSL offers an attractive dividend yield of around 10.2%, making it an appealing option for income-focused investors.
🚀 Solid Financial Performance: BXSL has demonstrated consistent financial performance with a market cap of over $5.9 billion and a net income of $708.24 million over the last 2 years.
🧠 Experienced Management: As a subsidiary of Blackstone, one of the world's largest asset managers, BXSL benefits from experienced management and a robust infrastructure, ensuring effective oversight and strategic decision-making.
---
*footnotes:
First lien senior secured debt is a type of loan that has the highest priority in being repaid, secured by the borrower's assets as collateral.
investment pot :
🔴
🟡
🟢 <<== Long-Term (over 1-5 years) ; Retirement/Savings
thesis:
"There are good alternatives to the SP500"
instrument:
The Blackstone Secured Lending Fund (NYSE: BXSL) is a Business Development Company (BDC) that primarily invests in the 'first lien senior secured debt*' of private U.S. companies. As a subsidiary of Blackstone, the world's largest alternative asset manager, BXSL provides financing solutions to companies in need of credit.
With a market cap of over $5.9 billion, BXSL is one of the largest BDCs in the US.
idea:
The chart shows BSXL divided by the SP500 (SPY):
As we can see, it outperforms the SP500 by approx. 10 percentage points.
Additionally, it is building further upside-potential against the Index.
Investors seeking a decent value pick as long-term savings/retirement hold, this Fund could be an interesting alternative. Assuming further dropping of interest rates in Q4/2024, this credit intensive business could profit from easing access to liquidity.
technical:
Ascending Triangle in comparison to the SPY500-ETF.
fundamentals:
💰Strong Dividend Yield: BXSL offers an attractive dividend yield of around 10.2%, making it an appealing option for income-focused investors.
🚀 Solid Financial Performance: BXSL has demonstrated consistent financial performance with a market cap of over $5.9 billion and a net income of $708.24 million over the last 2 years.
🧠 Experienced Management: As a subsidiary of Blackstone, one of the world's largest asset managers, BXSL benefits from experienced management and a robust infrastructure, ensuring effective oversight and strategic decision-making.
---
*footnotes:
First lien senior secured debt is a type of loan that has the highest priority in being repaid, secured by the borrower's assets as collateral.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.