Blackstone Secured (BXSL) Soars 2.46% in Four Days

Blackstone Secured (BXSL) has surged 0.44% today, marking its fourth consecutive day of gains, with a total increase of 2.46% over the past four days.

The strategy of buying BXSL shares after reaching a recent high and holding for one week over the past five years delivered strong returns. The strategy achieved a 31.36% return, vastly outperforming the benchmark, which returned -100.00%. The excess return was 131.36%, indicating the strategy's ability to capitalize on its holdings. With a CAGR of 11.53% and a maximum drawdown of 0.00%, the strategy also showcased robust risk management, supported by a Sharpe ratio of 0.61 and a volatility of 18.91%.

One of the key factors driving the recent bullish momentum in BXSL is the stock's crossing above its 200-day moving average of $31.49 on Thursday. This technical indicator often signals potential upward trends, suggesting that the stock may continue to gain traction in the market.

Additionally, institutional interest in BXSL has been on the rise. CCLA Investment Management recently added 1,128,986 shares to their portfolio on May 9, 2025. This significant investment by a major player in the market could indicate growing confidence in the stock's future performance, potentially driving further price increases.

On July 11, 2025, BXSL signed eight new Equity Distribution Agreements with several prominent financial institutions, including Truist, RBC, BTIG, and Compass Point. These agreements are expected to enhance the stock's liquidity and market exposure, making it more accessible to a broader range of investors and potentially boosting its price.

Another factor that could be influencing investor interest in BXSL is its attractive dividend policy. The stock offers an annual dividend of $3.08 per share, with a yield of 9.76%. Dividends are paid every three months, and the last ex-dividend date was June 30, 2025. This steady income stream can be particularly appealing to income-focused investors, further driving demand for the stock.