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Compare · BXSL vs MNP

BXSL vs MNP

Side-by-side comparison of Blackstone Secured Lending Fund (BXSL) and Western Asset Municipal Partners Fund Inc. (MNP): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BXSL and MNP 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 35.2x MNP ($141.2M).
  • BXSL has hit the wire 3 times in the past 4 weeks while MNP has been quiet.
  • BXSL has more recent analyst coverage (25 ratings vs 0 for MNP).
MetricBXSLMNP
Company
Blackstone Secured Lending Fund
Western Asset Municipal Partners Fund Inc.
Price
$23.80+2.41%
$10.57-0.56%
Market cap
$4.98B
$141.2M
1M return
-4.49%
-
1Y return
-24.94%
-
Sector
Finance
Finance
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
2021
1993
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..

MNP

Western Asset Municipal Partners Fund Inc.

Western Asset Municipal Partners Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in fixed income markets of the United States. The fund primarily invests in investment grade tax exempt securities issued by municipalities. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. The fund was formerly known as the Salomon Brothers Municipal Partners Fund. Western Asset Municipal Partners Fund Inc. was formed on January 29, 1993 and is domiciled in the United States.

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