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Compare · BGT vs BXSL

BGT vs BXSL

Side-by-side comparison of BlackRock Floating Rate Income Trust (BGT) and Blackstone Secured Lending Fund (BXSL): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BGT and BXSL operate in Trusts Except Educational Religious and Charitable (Finance), so they compete in similar markets.
  • BXSL is the larger of the two at $4.98B, about 16.6x BGT ($299.0M).
  • Over the past year, BGT is down 13.5% and BXSL is down 26.2% - BGT leads by 12.7 points.
  • BXSL has been more active in the news (3 items in the past 4 weeks vs 2 for BGT).
  • BXSL has more recent analyst coverage (25 ratings vs 0 for BGT).
PerformanceBGT-13.50%BXSL-26.19%
2025-06-06+0.00%2026-06-05
MetricBGTBXSL
Company
BlackRock Floating Rate Income Trust
Blackstone Secured Lending Fund
Price
$10.67+0.09%
$23.59-0.88%
Market cap
$299.0M
$4.98B
1M return
-2.65%
-3.79%
1Y return
-13.50%
-26.19%
Sector
Finance
Finance
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
2004
2021
News (4w)
2
3
Recent ratings
0
25
BGT

BlackRock Floating Rate Income Trust

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.

BXSL

Blackstone Secured Lending Fund

Blackstone Secured Lending Fund (together with its consolidated subsidiaries, the “Company”), is a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment company. On October 26, 2018, the Company elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). In addition, the Company elected to be treated for U.S. federal income tax purposes, as a regulated investment company (“RIC”), as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The Company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Company seeks to achieve its investment objective primarily through originated loans and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities..

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