MetaCap

Blackstone Secured Lending Fund (BXSL) vs Calamos Strategic Total Return (CSQ)

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 ($5.47 billion vs $3.29 billion), about 1.7 times the size. On valuation, Calamos Strategic Total Return trades at a lower trailing P/E (3.1x vs 18.5x for Blackstone Secured Lending Fund). Blackstone Secured Lending Fund offers the higher dividend yield (13.11% vs 3.00%).

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

Head-to-head

BXSL versus CSQ key metrics
MetricBXSLCSQ
Share price$23.49$20.51
Market cap$5.47B$3.29B
1-day change-0.13%-0.44%
YTD return—+6.82%
1-year return—+6.21%
5-year return—+12.26%
P/E ratio (TTM)18.503.14
Forward P/E9.11—
EPS (TTM)$1.27$6.53
Dividend yield13.11%3.00%
Annual dividend$3.08$0.615
Net income (latest FY)$563.46M—
52-week high$28.59$21.17
52-week low$22.47$16.41
Distance from 52-week high-17.84%-3.12%
Analyst consensusnone—
Avg. price target upside+4.98%—
Average volume1.50M186.29K
Shares outstanding232.97M160.37M
SectorFinanceFinance
IndustryTrusts Except Educational Religious and CharitableFinance Companies

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 (18.5x vs 3.1x trailing P/E).
  • Blackstone Secured Lending Fund offers a meaningfully higher dividend yield (13.11% vs 3.00%).

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

About Calamos Strategic Total Return

CSQ stock →

Calamos Strategic Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC.

Finance · Finance Companies

BXSL vs CSQ FAQ

Which is bigger, Blackstone Secured Lending Fund or Calamos Strategic Total Return?

Blackstone Secured Lending Fund (BXSL) is larger, with a market capitalization of $5.47B compared with $3.29B for Calamos Strategic Total Return (CSQ).

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

CSQ has the lower trailing P/E at 3.1, versus 18.5 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, Blackstone Secured Lending Fund or Calamos Strategic Total Return?

Blackstone Secured Lending Fund has the higher yield at 13.11%, compared with 3.00% for Calamos Strategic Total Return.

Are Blackstone Secured Lending Fund and Calamos Strategic Total Return in the same industry?

Both are in the Finance sector, but in different industries: Trusts Except Educational Religious and Charitable for Blackstone Secured Lending Fund and Finance Companies for Calamos Strategic Total Return.

More comparisons