Blackstone Strategic Credit 2027 Term Fund

BGB · NYSE

$10.92−$0.026 (−0.24%)TodayMarket closed ·
Prev close $10.95

About BGB

Blackstone Strategic Credit 2027 Term Fund is a US-based company operating in industry. The company is headquartered in New York City, New York. The company went IPO on 2012-09-26. Blackstone Strategic Credit 2027 Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. The Fund will seek to achieve its investment objectives by investing primarily in a diversified portfolio of loans and other fixed income instruments of the United States corporate issuers, including first- and second lien secured loans (Senior Secured Loans) and high yield corporate bonds of varying maturities. Under normal market conditions, at least 80% of its managed assets will be invested in credit investments comprised of corporate fixed income instruments and other investments (including derivatives) with similar economic characteristics. The Fund's adviser is Blackstone Liquid Credit Strategies LLC.

Employees
0
Headquarters
New York City, New York
Listed
Sep 26, 2012
Sector
N/A
Industry
N/A

BGB key statistics

Market cap
492.81M
Price-earnings ratio
16.37
Dividend yield
8.73%
Average volume
203.91K
Volume
155.18K
Open price
$10.91
High today
$10.96
Low today
$10.87
52 Week high
$12.01
52 Week low
$10.85

Blackstone Strategic Credit 2027 Term Fund (BGB) at a glance

Blackstone Strategic Credit 2027 Term Fund (BGB) last traded at $10.92, with a market cap of 492.81M, a price-to-earnings ratio of 16.37 and a dividend yield of 8.73%.

Today the stock has traded between $10.87 and $10.96. The current price is 0.5% above the day's low and 0.4% below its high.

Volume so far is 155.18K shares, below the average of 203.91K shares a day.

Over the past year Blackstone Strategic Credit 2027 Term Fund has ranged from $10.85 to $12.01, and now sits 6% of the way up that range.

BGB news

  • Press releaseBusiness Wire

    Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

  • Press releasePRNewswire

    Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

  • Press releasePRNewswire

    Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.