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Compare · BXSL vs CBH

BXSL vs CBH

Side-by-side comparison of Blackstone Secured Lending Fund (BXSL) and Virtus Convertible & Income 2024 Target Term Fund (CBH): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BXSL and CBH 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 27.7x CBH ($179.7M).
  • BXSL has hit the wire 3 times in the past 4 weeks while CBH has been quiet.
  • BXSL has more recent analyst coverage (25 ratings vs 0 for CBH).
MetricBXSLCBH
Company
Blackstone Secured Lending Fund
Virtus Convertible & Income 2024 Target Term Fund
Price
-
-
Market cap
$4.98B
$179.7M
1M return
-
-
1Y return
-
-
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
2021
News (4w)
3
0
Recent ratings
25
0
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..

CBH

Virtus Convertible & Income 2024 Target Term Fund

AllianzGI Convertible & Income 2024 Target Term Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity and fixed incomes markets of the United States. It invests in stocks of companies operating across diversified sectors. For its fixed income, the fund invests in income producing debt instruments and Senior Secured Loans. For its equity, it invests in convertible securities. The fund primarily invests in fixed income securities with a primary focus on below "BBB-" rated securities. It employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. AllianzGI Convertible & Income 2024 Target Term Fund was formed on June 30, 2017 and is domiciled in United States.

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