MetaCap

AllianceBernstein L.P. Units (AB) vs Blackstone Secured Lending Fund (BXSL)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Blackstone Secured Lending Fund is the larger company by market cap ($5.57 billion vs $3.29 billion), about 1.7 times the size. On valuation, Blackstone Secured Lending Fund trades at a lower forward P/E (9.3x vs 9.4x for AllianceBernstein L.P. Units). Blackstone Secured Lending Fund offers the higher dividend yield (12.88% vs 9.81%).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

AB versus BXSL key metrics
MetricABBXSL
Share price$35.37$23.92
Market cap$3.29B$5.57B
1-day change+0.77%+1.83%
YTD return-8.81%—
1-year return-8.71%—
5-year return-32.73%—
P/E ratio (TTM)10.5018.83
Forward P/E9.439.27
EPS (TTM)$3.37$1.27
Dividend yield9.81%12.88%
Annual dividend$3.47$3.08
Net income (latest FY)$299.84M$563.46M
52-week high$44.11$28.59
52-week low$34.58$22.47
Distance from 52-week high-19.81%-16.33%
Analyst consensusholdnone
Avg. price target upside+8.26%+3.09%
Average volume283.31K1.50M
Shares outstanding93.08M232.97M
Employees4,400—
SectorFinanceFinance
IndustryInvestment ManagersTrusts Except Educational Religious and Charitable

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Blackstone Secured Lending Fund trades at a higher earnings multiple (18.8x vs 10.5x trailing P/E).
  • Blackstone Secured Lending Fund offers a meaningfully higher dividend yield (12.88% vs 9.81%).

About AllianceBernstein L.P. Units

AB stock →

AllianceBernstein Holding L.P. is a publicly owned investment manager.

Finance · Investment Managers · 4,400 employees

About Blackstone Secured Lending Fund

BXSL stock →

Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”).

Finance · Trusts Except Educational Religious and Charitable

AB vs BXSL FAQ

Which is bigger, AllianceBernstein L.P. Units or Blackstone Secured Lending Fund?

Blackstone Secured Lending Fund (BXSL) is larger, with a market capitalization of $5.57B compared with $3.29B for AllianceBernstein L.P. Units (AB).

Which has the lower P/E ratio, AB or BXSL?

AB has the lower trailing P/E at 10.5, versus 18.8 for BXSL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, AllianceBernstein L.P. Units or Blackstone Secured Lending Fund?

Blackstone Secured Lending Fund has the higher yield at 12.88%, compared with 9.81% for AllianceBernstein L.P. Units.

Are AllianceBernstein L.P. Units and Blackstone Secured Lending Fund in the same industry?

Both are in the Finance sector, but in different industries: Investment Managers for AllianceBernstein L.P. Units and Trusts Except Educational Religious and Charitable for Blackstone Secured Lending Fund.

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