BXSL
Blackstone Secured Lending Fund Financial Services - BDC Investor Relations →
Blackstone Secured Lending Fund (BXSL) closed at $23.61 as of 2026-06-19, trading 2.1% above its 200-week moving average of $23.13. The stock is currently moving closer to the line, down from 3.3% last week. The 14-week RSI sits at 55, indicating neutral momentum.
Trading volume is running at 0.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.04 ratio) is neutral — neither side is clearly dominating.
Over the past 194 weeks of data, BXSL has crossed below its 200-week moving average 2 times. On average, these episodes lasted 10 weeks. Historically, investors who bought BXSL at the start of these episodes saw an average one-year return of +32.9%.
With a market cap of $5.5 billion, BXSL is a mid-cap stock. The company generates a free cash flow yield of 6.7%, which is healthy. Return on equity stands at 7.1%. The stock trades at 0.9x book value.
Share count has increased 44.7% over three years, indicating dilution.
Over the past 3.8 years, a hypothetical investment of $100 in BXSL would have grown to $148, compared to $203 for the S&P 500. BXSL has returned 11.0% annualized vs 20.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: BXSL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BXSL Crosses Below the Line?
Across 2 historical episodes, buying BXSL when it crossed below its 200-week moving average produced an average return of +37.0% after 12 months (median +39.0%), compared to +20.0% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +53.5% vs +46.0% for the index.
Each line shows $100 invested at the moment BXSL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. BXSL currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from BXSL's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
BXSL has crossed below its 200-week MA 2 times with an average 1-year return of +32.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2022 | Feb 2023 | 19 | 11.5% | +26.2% | +48.7% |
| Mar 2023 | Mar 2023 | 1 | 1.1% | +39.5% | +37.5% |
| Average | 10 | — | +32.9% | — |
Frequently Asked Questions
Is BXSL below its 200-week moving average?
No. Blackstone Secured Lending Fund (BXSL) is currently 2.1% above its 200-week moving average of $23.13. It would need to fall to $23.13 to cross below the line.
What is BXSL's 200-week moving average price?
Blackstone Secured Lending Fund's 200-week moving average is $23.13 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when BXSL drops below its 200-week moving average?
BXSL has crossed below its 200-week moving average 2 times in our data. On average, buying at that moment produced a one-year return of +32.9%. These dips have historically been decent entry points. These episodes lasted 10 weeks on average.
Is BXSL a good value right now?
Here's what our data says about BXSL as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 55. Free cash flow yield is 6.7%. Return on equity is 7.1%. Price-to-book is 0.9x. This is not a buy or sell recommendation — always do your own research.
How does BXSL compare to the S&P 500?
Over the past 3.8 years, $100 invested in BXSL would have grown to $148, compared to $203 for the S&P 500. That's 11.0% annualized vs 20.8% for the index. BXSL has underperformed the broader market over this period.
Does BXSL pay a dividend?
Yes. Blackstone Secured Lending Fund currently pays a dividend yield of 1294.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19