BGB News and Press, Blackstone / GSO Strategic Credit Fund From 06/24/21

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given. Only one fund with >100% coverage had a negative z-score this month. For further details see: The Quality Closed-End Fund Report, June 2021

We review CEF market valuation and performance over the past week and highlight recent events. We highlight news and market action across a number of CEFs such as JHB, EIC, and the Blackstone loan trio. We continue to favor funds such as NMCO that are less likely to have to borrow...

This is a truly singular global recession and recovery, and it makes portfolio diversification both vital and challenging. At the moment, the item that tops the agenda for most of our clients is no big surprise: inflation, and what to do about it in portfolios. Inflation is usuall...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Muni CEFs feature in the top list of widest discount. For further details see: The Quality Closed-End Fund Report: May 2021

Blackstone Strategic Credit Fund (NYSE:BGB) traded today at a new 52-week high of $13.61. So far today approximately 57,000 shares have been exchanged, as compared to an average 30-day volume of 136,000 shares. There is potential upside of 0.1% for shares of Blackstone Strategic Credit F...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. With discounts contracting, few non-muni income choices are attractively valued anymore. For further details see: The Quality Closed-End Fund Report, April 2021

The fixed income world is beginning to undergo a multiyear transition as aggressive monetary accommodation and government spending across key economies drive higher near-term economic growth rates. The result could be a shift to higher real rates as output gaps narrow, as well as mode...

Senior loan funds are showing some opportunities at some deep discounts. These funds should benefit from increasing interest rates, but that could be years before playing out. Be aware of certain other risks in these investments, as well as the other benefits they can provide. ...

We've seen a lot of volatility in the last month across all risk assets, but closed-end funds have weathered it quite well. Taxables have performed much better than municipal CEFs which have been hit on NAV from rising interest rates. Balancing the portfolio between credit risks a...

Blackstone Credit Closed-End Funds Declare Monthly Distributions PR Newswire NEW YORK , March 11, 2021 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, formerly known as "GSO / Blackstone Debt Funds Management LLC" and an affiliate of Blackstone Alternati...