Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 196

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 196
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 rate6.9 %13.4 %9.9 %35.4 %Supplemental Data:Net assets, end of period$6,076,521$4,952,041$4,158,966$4,447,479Asset coverage ratio185.7 %200.3 %174.8 %180.2 %

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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)

 For the Year Ended December 31,For the Period Ended December 31,202020192018 (6)Per Share Data (1):Net asset value, beginning of period$26.02 $24.57 $25.00 Net investment income2.51 2.18 0.17 Net change in unrealized and realized gain (loss)(0.22)0.96 (0.57)Net increase (decrease) in net assets resulting from operations2.29 3.14 (0.40)Distributions declared (2)(2.30)(2.00)— Net increase (decrease) in net assets from capital share transactions(0.81)0.31 (0.03)Total increase (decrease) in net assets(0.82)1.45 (0.43)Net asset value, end of period$25.20 $26.02 $24.57 Market value, end of periodN/AN/AN/AShares outstanding, end of period129,661,58664,289,7429,621,319Total return based on NAV (3)6.5 %14.4 %(1.7)%Total return based on market value (4)N/AN/AN/ARatios:Ratio of net expenses to average net assets (5)6.5 %8.5 %8.9 %Ratio of net investment income to average net assets (5)10.4 %8.5 %6.1 %Portfolio turnover rate46.8 %31.5 %— %Supplemental Data:Net assets, end of period$3,267,809$1,673,117$236,365Asset coverage ratio230.0%215.1 %227.8 %(1)The per share data