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Compare · BXSL vs HIE

BXSL vs HIE

Side-by-side comparison of Blackstone Secured Lending Fund (BXSL) and Miller/Howard High Income Equity Fund (HIE): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BXSL and HIE 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 25.3x HIE ($197.0M).
  • BXSL has hit the wire 2 times in the past 4 weeks while HIE has been quiet.
  • BXSL has more recent analyst coverage (25 ratings vs 0 for HIE).
MetricBXSLHIE
Company
Blackstone Secured Lending Fund
Miller/Howard High Income Equity Fund
Price
$23.41-1.29%
$12.55-0.24%
Market cap
$4.98B
$197.0M
1M return
-3.02%
-
1Y return
-21.63%
-
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
2021
2014
News (4w)
2
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..

HIE

Miller/Howard High Income Equity Fund

Miller/Howard High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and high dividend paying stocks of companies. The fund employs fundamental and technical analysis with a bottom-up stock picking approach to create its portfolio while focusing on factors such as business models, balance sheet strength, industry conditions, reliability of cash flow, management quality, and monopolistic qualities. Miller/Howard High Income Equity Fund was formed on November 24, 2014 and is domiciled in the United States.

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