Join

Compare · BXSL vs NRK

BXSL vs NRK

Side-by-side comparison of Blackstone Secured Lending Fund (BXSL) and Nuveen New York AMT-Free Quality Municipal Income Fund (NRK): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both BXSL and NRK 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 4.4x NRK ($1.13B).
  • BXSL has hit the wire 2 times in the past 4 weeks while NRK has been quiet.
  • BXSL has more recent analyst coverage (25 ratings vs 0 for NRK).
MetricBXSLNRK
Company
Blackstone Secured Lending Fund
Nuveen New York AMT-Free Quality Municipal Income Fund
Price
-
-
Market cap
$4.98B
$1.13B
1M return
-
-
1Y return
-
-
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
2021
2002
News (4w)
2
0
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..

NRK

Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) New York Municipal Bond Index and the Standard & Poor's (S&P) Insured National Municipal Bond Index. It was formerly known as Nuveen New York AMT-Free Municipal Income Fund. Nuveen New York AMT-Free Quality Municipal Income Fund was formed on July 29, 2002 and is domiciled in the United States.

Latest BXSL

Latest NRK