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Compare · BXSL vs WEA

BXSL vs WEA

Side-by-side comparison of Blackstone Secured Lending Fund (BXSL) and Western Asset Bond Fund Share of Beneficial Interest (WEA): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BXSL and WEA 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 31.8x WEA ($156.5M).
  • Over the past year, BXSL is down 21.6% and WEA is down 3.8% - WEA leads by 17.8 points.
  • WEA has been more active in the news (3 items in the past 4 weeks vs 2 for BXSL).
  • BXSL has more recent analyst coverage (25 ratings vs 0 for WEA).
PerformanceBXSL-21.63%WEA-3.83%
2025-04-28+0.00%2026-04-24
MetricBXSLWEA
Company
Blackstone Secured Lending Fund
Western Asset Bond Fund Share of Beneficial Interest
Price
$23.41-1.29%
$10.55-2.04%
Market cap
$4.98B
$156.5M
1M return
-3.02%
+0.81%
1Y return
-21.63%
-3.83%
Sector
Finance
Finance
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
2021
2002
News (4w)
2
3
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..

WEA

Western Asset Bond Fund Share of Beneficial Interest

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.

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