Blackstone Secured Lending Fund (BXSL) vs Reaves Utility Income Fund (UTG)
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 ($5.62 billion vs $3.31 billion), about 1.7 times the size. On valuation, Reaves Utility Income Fund trades at a lower trailing P/E (2.6x vs 19.0x for Blackstone Secured Lending Fund). Blackstone Secured Lending Fund offers the higher dividend yield (12.77% vs 6.58%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | BXSL | UTG |
|---|---|---|
| Share price | $24.11 | $36.19 |
| Market cap | $5.62B | $3.31B |
| 1-day change | +2.64% | -1.12% |
| P/E ratio (TTM) | 18.98 | 2.62 |
| Forward P/E | 9.35 | — |
| EPS (TTM) | $1.27 | $13.80 |
| Dividend yield | 12.77% | 6.58% |
| Annual dividend | $3.08 | $2.38 |
| Net income (latest FY) | $563.46M | — |
| 52-week high | $28.59 | $43.90 |
| 52-week low | $22.47 | $33.53 |
| Distance from 52-week high | -15.67% | -17.56% |
| Analyst consensus | none | — |
| Avg. price target upside | +2.28% | — |
| Average volume | 1.50M | 311.84K |
| Shares outstanding | 232.97M | 91.43M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | Investment Managers |
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 (19.0x vs 2.6x trailing P/E).
- Blackstone Secured Lending Fund offers a meaningfully higher dividend yield (12.77% vs 6.58%).
- The two companies sit in different sectors: Blackstone Secured Lending Fund in Financial Services and Reaves Utility Income Fund in Finance.
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).
Financial Services · Asset Management
About Reaves Utility Income Fund
UTG stock →Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H.
Finance · Investment Managers
BXSL vs UTG FAQ
Which is bigger, Blackstone Secured Lending Fund or Reaves Utility Income Fund?
Blackstone Secured Lending Fund (BXSL) is larger, with a market capitalization of $5.62B compared with $3.31B for Reaves Utility Income Fund (UTG).
Which has the lower P/E ratio, BXSL or UTG?
UTG has the lower trailing P/E at 2.6, versus 19.0 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 Reaves Utility Income Fund?
Blackstone Secured Lending Fund has the higher yield at 12.77%, compared with 6.58% for Reaves Utility Income Fund.
Are Blackstone Secured Lending Fund and Reaves Utility Income Fund in the same industry?
No. Blackstone Secured Lending Fund is in the Financial Services sector, while Reaves Utility Income Fund is in Finance.