Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 195

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 195
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 Consolidated Statements of Assets and Liabilities.

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Table of ContentsBlackstone Secured Lending FundNotes to Consolidated Financial Statements(in thousands, except share amounts, per share data, percentages and as otherwise noted)

Note 12. Financial Highlights and Senior Securities

The following are the financial highlights for the years ended December 31, 2024, 2023, 2022, 2021, 2020, 2019 and for the period ended December 31, 2018: For the Year Ended December 31,2024202320222021Per Share Data (1):Net asset value, beginning of period$26.66 $25.93 $26.27 $25.20 Net investment income3.51 3.90 2.91 2.43 Net change in unrealized and realized gain (loss)(0.06)(0.24)(0.47)0.76 Net increase (decrease) in net assets resulting from operations3.45 3.66 2.44 3.19 Distributions declared (2)(3.08)(2.94)(2.91)(2.03)Net increase (decrease) in net assets from capital share transactions0.36 0.01 0.13 (0.09)Total increase (decrease) in net assets0.73 0.73 (0.34)1.07 Net asset value, end of period$27.39 $26.66 $25.93 $26.27 Market value, end of period$32.31 $27.64 $22.35 $34.00 Shares outstanding, end of period221,892,184 185,782,408 160,362,861 169,274,033 Total return based on NAV (3)13.7 %14.7 %10.3 %12.6 %Total return based on market value (4)29.8 %37.4 %(26.1)%32.1 %Ratios:Ratio of net expenses to average net assets (5)11.2 %10.9 %8.4 %7.2 %Ratio of net investment income to average net assets (5)12.8 %14.6 %11.1 %9.3 %Portfolio turnover