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Blackstone Secured Lending Fund of Beneficial Interest
2024-05-21 08:05:00 ET
Summary
High-yield stocks have underperformed recently.
We discuss why.
We also discuss how we have managed to outperform despite the headwinds and how we plan to continue doing so moving forward.
There's been a lot of bad news lately for high-yield stocks ( DIV , SCHD ), which has fueled their general underperformance relative to the broader S&P 500 ( SPY ) over the past year: