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Compare · BXSL vs JMM

BXSL vs JMM

Side-by-side comparison of Blackstone Secured Lending Fund (BXSL) and Nuveen Multi-Market Income Fund (MA) (JMM): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BXSL and JMM 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 73.4x JMM ($67.8M).
  • BXSL has hit the wire 2 times in the past 4 weeks while JMM has been quiet.
  • BXSL has more recent analyst coverage (25 ratings vs 0 for JMM).
MetricBXSLJMM
Company
Blackstone Secured Lending Fund
Nuveen Multi-Market Income Fund (MA)
Price
$23.41-1.29%
$5.93+0.42%
Market cap
$4.98B
$67.8M
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
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..

JMM

Nuveen Multi-Market Income Fund (MA)

Nuveen Multi-Market Income 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 Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in investment grade debt securities such as U.S. agency and privately issued mortgage-backed securities, corporate debt securities, and asset-backed securities. The fund was formerly known as American Income Fund, Inc. Nuveen Multi-Market Income Fund was formed on December 30, 1988 and is domiciled in the United States.

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