BGX News and Press, Blackstone GSO Long Short Credit Income Fund From 06/12/23

2023-06-12 17:26:39 ET Blackstone Long-Short Credit Income Fund ( NYSE: BGX ) declares $0.104/share monthly dividend , in line with previous. Forward yield 11.43% Payable June 30; for shareholders of record June 23; ex-div June 22. Payable July 31; for sharehol...

2023-03-14 11:55:12 ET Blackstone Long-Short Credit Income Fund ( NYSE: BGX ) declares $0.099/share monthly dividend , 4.2% increase from prior dividend of $0.095. Forward yield 10.89% Payable March 31; for shareholders of record March 24; ex-div March 23. ...

Summary Blackstone Long-Short Credit Income Fund is a fixed income closed end fund. The vehicle is overweight floating rate loans, and has a high leverage ratio of 40%. The CEF is supposed to have a long/short portfolio, but currently there are no short positions. The CEF is at ...

Summary The news media wants to get us all hooked on receiving constant "play by play" updates on our investments. They are following the successful ESPN sports model, where all day long you can turn on ESPN and get updated scores and commentary on whatever sport is in season. Havin...

Summary We review closed-end fund market valuation and performance through the third week of December and highlight recent market action. CEFs were mixed this week; however, discounts have continued to widen, extending a recent trend. We discuss the concept of yield-on-cost which we...

Summary The MCI CEF focuses on privately placed loans to middle-market U.S. companies. The fund has a superb track record, with 12.3% average annual returns since inception in 1971. The short-term worry regarding MCI is a pending economic slowdown/recession that may cause credit str...

Blackstone Long-Short Credit Income Fund ( NYSE: BGX ) declares $0.095/share monthly dividend , 11.8% increase from prior dividend of $0.085. Forward yield 10.31% Payable Dec. 30; for shareholders of record Dec. 22; ex-div Dec. 21. Payable Jan. 31; for shareholders...

Summary Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are PGZ, HNW, and BGX. Author’s note: This article was released to CEF/ETF Income La...

Summary The PGIM High Yield Bond Fund is a no-frills closed-end fund focused on non-investment grade bonds. It has a current 10.0% distribution yield. The fund's historical performance has been decent, without a negative year prior to 2022. ISD also appears to have navigate...

Summary Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are PGZ, WDI, and KIO. Author’s note: This article was released to ...