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Compare · BXSL vs JCO

BXSL vs JCO

Side-by-side comparison of Blackstone Secured Lending Fund (BXSL) and Nuveen Credit Opportunities 2022 Target Term Fund (JCO): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BXSL and JCO 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 22.1x JCO ($224.9M).
  • BXSL has hit the wire 2 times in the past 4 weeks while JCO has been quiet.
  • BXSL has more recent analyst coverage (25 ratings vs 0 for JCO).
MetricBXSLJCO
Company
Blackstone Secured Lending Fund
Nuveen Credit Opportunities 2022 Target Term Fund
Price
$23.41-1.29%
$7.95-0.62%
Market cap
$4.98B
$224.9M
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
2017
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..

JCO

Nuveen Credit Opportunities 2022 Target Term Fund

Nuveen Credit Opportunities 2022 Target Term Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors, LLC and Symphony Asset Management. It invests in fixed income markets of the United States. The fund primarily invests in corporate debt securities including bonds and senior loans. It invests in investment grade fixed income securities rated BBB- or higher by S&P with a maturity date on June 1, 2022. The fund employs a fundamental analysis with bottom-up stock picking approach while focusing on factors such as sector dynamics, company business models and asset quality and analysis of the relative value to create its portfolio. Nuveen Credit Opportunities 2022 Target Term Fund was formed on September 28, 2016 and is domiciled in the United States.

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