BDCs have recently suffered a significant downside volatility. There is indeed a justified reason for system-wide valuation adjustments. Yet, for some BDCs the market has gone too far, while for some the necessary level correction has not yet happened.
The BDC sector has been hammered—but opportunity may finally be knocking. Two high-yield giants now trade at big discounts to NAV. I compare them side by side and share the scenarios in which I think each makes sense to buy.
A new trade war threat from President Trump just reshuffled the entire stock market. I discuss what the big gift to dividend investors is. I also share how I am taking advantage of President Trump's gift.
Blackstone Secured Lending (BXSL) offers an 11.1% yield and trades at a modest 1% premium, making it attractive after a recent price dip. BXSL's first-lien debt focus, net realized gains, and consistent outperformance set it apart, despite potential for a medium-term dividend cut. BXSL's valuation is compelling, with no cheaper BDC delivering a stronger 3-year total NAV return and efficient NII...
Discover the five rules I use to find stocks that are positioned to potentially pay me growing dividend income for life. I share some of my top dividend machines that are core to my effort to retire on dividend income. I share how I use these picks to build a complete portfolio.
The BDC sector has been hammered. The discounts have become deep almost across the board. The question is whether to enter now, or is the risk still too high that it will end up being a 'catching a falling knife' moment?
Blackstone Secured Lending Fund is currently one of the most overvalued quality BDC stocks. It is true that BXSL has one of the safest portfolio characteristics in terms of NAV and earnings quality. Yet, the daylight between similar peers (and in some instances even better ones) and BXSL is simply too notable.
Blackstone Secured Lending is a compelling high-yield BDC, now trading near 52-week lows with an 11.8% dividend yield. BXSL has a conservative, high-quality portfolio with 98% first-lien secured loans, low non-accruals, strong diversification, and ample liquidity. Despite tighter payout ratios and lower rates, BXSL's spillover income and stable NAV provide dividend protection and downside risk ...
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