Broadstone Net Lease, Inc.

Frequently Asked Questions About BNL

What does BNL invest in?

Broadstone Net Lease, Inc. (BNL) operates as a self-managed Real Estate Investment Trust. Its strategy focuses on acquiring, owning, and overseeing primarily single-tenant commercial properties that are subject to long-term net leases with a varied tenant base. The company's investment approach is anchored by robust fundamental credit evaluations and judicious real estate underwriting. As of September 30, 2020, BNL's diverse portfolio comprised 627 properties. Geographically, these holdings span 41 U.S. states and one location in Canada, encompassing sectors such as industrial, healthcare, restaurant, office, and retail, with a cumulative gross asset value of approximately $4.0 billion.

What is the expense ratio of BNL?

An expense ratio for Broadstone Net Lease, Inc. (BNL) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is BNL?

Broadstone Net Lease, Inc. (BNL) manages $4.34B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BNL actively managed or an index fund?

BNL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BNL launched?

Broadstone Net Lease, Inc. (BNL) launched in September 2020 and is managed by the fund issuer.

How has BNL performed?

BNL's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.