Business development company. BDCs are listed separately from traditional closed-end funds and are excluded from CEF rankings; NAV is reported quarterly, not daily.
Blackstone Secured Lending Fund
Sponsor: Blackstone · Inception Oct 28, 2021 · Pays quarterly
Market priceShare price
$23.94
-0.62% ($-0.15)
NAVAsset value per share
$25.25
as of Sep 30, 2026 · SEC filing
Premium / discountPrice vs. assets
5.19% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
10.03%
regular, annualised · on NAV 9.51%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Nov 9, 2026, 4:00 PM EST (exchange time, ET) · retrieved Nov 9, 2026, 9:41 PM ESTRegular-session prices; extended-hours quotes are not displayed.
Distribution rates
Regular rate on price
10.03%
$2.4000 annualised ÷ $23.94
Reinvest
—
needs a regular rate and a NAV
Regular rate on NAV
9.51%
÷ NAV $25.25 (Sep 30, 2026)
TTM yield (incl. specials)
12.87%
$3.0800 paid in 12 months ÷ price
TTM yield (ex specials)
12.87%
$3.0800 regular only
SEC yield
Not reported
shown only when the fund reports it
Frequency
Quarterly
latest $0.6000 · Regular (inferred)
The regular rate annualises the latest regular payment by its frequency; special distributions are never annualised. A distribution rate is not a portfolio income yield and is not a measure of performance — see composition and NAV history below.
Distribution history
26 payments on record
Most recent 60 payments, by ex-date.
| Declared | Ex-date | Record | Paid | Amount | Frequency | Type | Source |
|---|---|---|---|---|---|---|---|
| Nov 4, 2026 | Mar 31, 2027 | Mar 31, 2027 | Apr 23, 2027 | $0.6000 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 4, 2026 | Dec 31, 2026 | Dec 31, 2026 | Jan 22, 2027 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 6, 2026 | Sep 30, 2026 | Sep 30, 2026 | Oct 23, 2026 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| May 7, 2026 | Jun 30, 2026 | Jun 30, 2026 | Jul 24, 2026 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 25, 2026 | Mar 31, 2026 | Mar 31, 2026 | Apr 24, 2026 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 10, 2025 | Dec 31, 2025 | Dec 31, 2025 | Jan 23, 2026 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 6, 2025 | Sep 30, 2025 | Sep 30, 2025 | Oct 24, 2025 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| May 7, 2025 | Jun 30, 2025 | Jun 30, 2025 | Jul 25, 2025 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 26, 2025 | Mar 31, 2025 | Mar 31, 2025 | Apr 25, 2025 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 12, 2024 | Dec 31, 2024 | Dec 31, 2024 | Jan 24, 2025 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 7, 2024 | Sep 30, 2024 | Sep 30, 2024 | Oct 25, 2024 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| May 8, 2024 | Jun 28, 2024 | Jun 30, 2024 | Jul 26, 2024 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 28, 2024 | Mar 27, 2024 | Mar 31, 2024 | Apr 26, 2024 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 8, 2023 | Dec 28, 2023 | Dec 31, 2023 | Jan 26, 2024 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| Jun 20, 2023 | Sep 28, 2023 | Sep 30, 2023 | Oct 26, 2023 | $0.7700 | Quarterly | Regular (inferred) | Market data vendor |
| May 10, 2023 | Jun 29, 2023 | Jun 30, 2023 | Jul 27, 2023 | $0.7000 | Quarterly | Regular (inferred) | Market data vendor |
| Feb 27, 2023 | Mar 30, 2023 | Mar 31, 2023 | Apr 27, 2023 | $0.7000 | Quarterly | Regular (inferred) | Market data vendor |
| Nov 10, 2022 | Dec 29, 2022 | Dec 31, 2022 | Jan 31, 2023 | $0.6000 | Quarterly | Regular (inferred) | Market data vendor |
| Aug 2, 2022 | Sep 29, 2022 | Sep 30, 2022 | Nov 14, 2022 | $0.6000 | Quarterly | Regular (inferred) | Market data vendor |
| Oct 18, 2021 | Jul 15, 2022 | Jul 18, 2022 | Nov 14, 2022 | $0.2000 | — | Special (inferred) | Market data vendor |
| May 12, 2022 | Jun 29, 2022 | Jun 30, 2022 | Aug 12, 2022 | $0.5300 | Quarterly | Regular (inferred) | Market data vendor |
| Oct 18, 2021 | May 13, 2022 | May 16, 2022 | Aug 12, 2022 | $0.2000 | — | Special (inferred) | Market data vendor |
| Feb 23, 2022 | Mar 30, 2022 | Mar 31, 2022 | May 13, 2022 | $0.5300 | Quarterly | Special (inferred) | Market data vendor |
| Dec 31, 2021 | Mar 15, 2022 | Mar 16, 2022 | May 13, 2022 | $0.1500 | — | Special (inferred) | Market data vendor |
| Oct 18, 2021 | Jan 14, 2022 | Jan 18, 2022 | May 13, 2022 | $0.1000 | — | Special (inferred) | Market data vendor |
| Oct 31, 2021 | Dec 30, 2021 | Dec 31, 2021 | Jan 31, 2022 | $0.5300 | Quarterly | Special (inferred) | Market data vendor |
“Inferred” types are assigned by our rule (off-cycle or year-end payments that deviate by more than 50% from neighbouring amounts); sponsor-confirmed classifications override them where available.
Annual totals
| Year | Regular | Special | Total | Payments |
|---|---|---|---|---|
| 2027 | $0.6000 | — | $0.6000 | 1 |
| 2026 | $3.0800 | — | $3.0800 | 4 |
| 2025 | $3.0800 | — | $3.0800 | 4 |
| 2024 | $3.0800 | — | $3.0800 | 4 |
| 2023 | $2.9400 | — | $2.9400 | 4 |
| 2022 | $1.7300 | $1.1800 | $2.9100 | 8 |
| 2021 | $0.0000 | $0.5300 | $0.5300 | 1 |
Increases, reductions and specials
| Ex-date | Event | From | To | Change |
|---|---|---|---|---|
| Mar 31, 2027 | Reduction | $0.7700 | $0.6000 | -22.08% |
| Sep 28, 2023 | Increase | $0.7000 | $0.7700 | +10.00% |
| Mar 30, 2023 | Increase | $0.6000 | $0.7000 | +16.67% |
| Sep 29, 2022 | Increase | $0.5300 | $0.6000 | +13.21% |
| Jul 15, 2022 | Special distribution | — | $0.2000 | — |
| May 13, 2022 | Special distribution | — | $0.2000 | — |
| Mar 30, 2022 | Special distribution | — | $0.5300 | — |
| Mar 15, 2022 | Special distribution | — | $0.1500 | — |
| Jan 14, 2022 | Special distribution | — | $0.1000 | — |
| Dec 30, 2021 | Special distribution | — | $0.5300 | — |
Distribution composition
Not reported here yet. Section 19(a) notices and annual tax characterisations are published by the sponsor and are not carried by our current data feeds. Use the sponsor's distribution notices (see the Documents tab and sponsor website) for the estimated and final breakdown between income, capital gains and return of capital. A return-of-capital component is not automatically destructive; judge it against NAV history over time.
Accounting classification (what the fund earned) and tax classification (what the shareholder reports) differ. A 19(a) estimate is preliminary and is superseded by the year-end tax form.
Closed End Fund Explorer research page for Blackstone Secured Lending Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.