- The Blackstone/GSO Long-Short Credit Income Fund difference is its strategy of being both long and short in Fixed Income assets. This dual strategy is more common for equities.
- While a 30% short allocation is permitted, recent reports back into 2021 show the CEF with no short positions. This during a period of rising interest rates.
- Without any Short positions, now or in the recent past, BGX seems to be a typical secured loan CEF. Understanding that, investors betting on a shrinking discount might take a look.
For further details see:
BGX: Why A Fund's Name Requires Looking Deeper