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Compare · BXSL vs IAE

BXSL vs IAE

Side-by-side comparison of Blackstone Secured Lending Fund (BXSL) and Voya Asia Pacific High Dividend Equity Income Fund ING Asia Pa (IAE): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BXSL and IAE 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 52.1x IAE ($95.5M).
  • IAE 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 IAE).
MetricBXSLIAE
Company
Blackstone Secured Lending Fund
Voya Asia Pacific High Dividend Equity Income Fund ING Asia Pa
Price
-
-
Market cap
$4.98B
$95.5M
1M return
-
-
1Y return
-
-
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
2021
2007
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..

IAE

Voya Asia Pacific High Dividend Equity Income Fund ING Asia Pa

Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend-paying stocks of companies. The fund also invests through derivatives having economic characteristics similar to the equity securities such as call options on selected indices and/or equity securities. It employs a combination of fundamental and quantitative analysis with a bottom-up stock picking approach, focusing on such factors as liquidity and dividend yield, cash flow strength, capital structure, capital expenditures, and operating margins to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI All Country Asia Pacific ex-Japan Index. It was formerly known as ING Asia Pacific High Dividend Equity Income Fund. Voya Asia Pacific High Dividend Equity Income Fund was formed on January 8, 2007 and is domiciled in the United States.

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