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Compare · BXSL vs PAI

BXSL vs PAI

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

Summary

  • Both BXSL and PAI 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 36.8x PAI ($135.1M).
  • Over the past year, BXSL is down 21.6% and PAI is down 1.7% - PAI leads by 19.9 points.
  • Both names hit the wire about 2 times in the past 4 weeks.
  • BXSL has more recent analyst coverage (25 ratings vs 0 for PAI).
PerformanceBXSL-21.63%PAI-1.74%
2025-04-28+0.00%2026-04-24
MetricBXSLPAI
Company
Blackstone Secured Lending Fund
Western Asset Investment Grade Income Fund Inc.
Price
$23.41-1.29%
$12.15+0.00%
Market cap
$4.98B
$135.1M
1M return
-3.02%
-0.57%
1Y return
-21.63%
-1.74%
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
2021
News (4w)
2
2
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..

PAI

Western Asset Investment Grade Income Fund Inc.

Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index. Western Asset Income Fund was formed on March 22, 1973 and is domiciled in the United States.

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