Question 1

What is Blackstone Secured Lending Fund's investment expenses?

Accepted Answer

Blackstone Secured Lending Fund (BXSL) reported investment expenses of $142.47M in Q1 2026.

Question 2

How has Blackstone Secured Lending Fund's investment expenses changed year-over-year?

Accepted Answer

Blackstone Secured Lending Fund's investment expenses decreased by 13.6% year-over-year, from $164.8M to $142.47M.

Question 3

What is the long-term trend for Blackstone Secured Lending Fund's investment expenses?

Accepted Answer

Over 3 years (2022 to 2025), Blackstone Secured Lending Fund's investment expenses has grown at a 17.9% compound annual growth rate (CAGR), from $404.44M to $662.91M.

Question 4

What does investment expenses mean?

Accepted Answer

Represents the aggregate of all costs directly associated with the investment activities of the fund, including interest expense on borrowings and other financing costs. This metric is vital for understanding the net cost of leverage and the fund's overall expense burden.

Line item	Three Months Ended March 31, 2026	Three Months Ended March 31, 2025
Board of Trustees’ fees	290	306
Administrative service expenses (Note 3)	1,125	966
Other general and administrative expenses	1,006	1,063
Total expenses before tax expense	142,467	164,799
Net investment income before tax expense	183,004	192,965
Excise and other tax expense	4,090	4,169
Net investment income after tax expense	178,914	188,796
Realized and unrealized gain (loss):

Investment expenses at other companies

Other financials

Income statement

Balance sheet

Cash flow

Valuation

Returns & leverage

Where this comes from

FAQ

Ask your AI about Blackstone Secured Lending Fund's investment expenses.

Blackstone Secured Lending Fund BXSL Investment expenses