Blackstone Strategic Credit 2027 term:BGB

    Manage Alerts


    As of 6/7/2023

    52 Wk Avg$10.98$12.44-11.78%
    52 Wk High$12.21$13.42-7.63%
    52 Wk Low$10.27$11.97-15.09%
    Regular Distribution TypeIncome Only
    Distribution RateN/A
    Distribution Amount 
    Distribution Frequency 
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The fund 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.Under normal market conditions, at least 80% of the Fund's Managed Assets will be invested in credit investments comprised of corporate fixed income instruments and other investments (including derivatives) with similar economic characteristics.

    Capital Structure

    As of 6/7/2023

    Total Investment Exposure:$860.100M
    Total Common Assets:$546.245M
    Common Shares Outstanding:44,664,382

    As of 6/7/2023

    Preferred Share Assets: $44.954M
    Total Debt (USD): $268.900M
    Regulatory Leverage (USD): $313.854M
    Effective Leverage (USD): $313.854M
    Effective Leverage (%): 36.49%
    Annual Expense Ratios

    As of 12/31/2022

      Per Common Share
    Management Fees1.60%
    Other Expenses:0.66%
    Baseline Expense: N/A
    Interest Expense:1.41%
    Total: 3.67%
    Fund Management

    Fund Sponsor
    Blackstone Inc

    Portfolio Managers
    Daniel T. McMullen, Robert Zable, Gordon McKemie, Robert Post

    Category: Fixed Income - Taxable-Senior Loans
    Ticker: BGB
    NAV Ticker: XBGBX
    Average Daily Volume (shares): 124,412
    Average Daily Volume (USD): $1.361M
    Inception Date: 9/26/2012
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: Yes
    Fiscal Year End: December 31
    Third Party Links & Reports


    As of

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    ERROR: No data

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/7/2023

    PeriodAvg Discount
    6 Month-12.34%
    1 Year-11.78%
    3 Year-9.85%
    5 Year-9.08%

    As of 6/7/2023

    3 Month-1.22
    6 Month-1.45
    1 Year-1.59
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/31/2023
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2023
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/7/2023
    Number of Holdings:
    As of 3/31/2023
    Annual Portfolio Turnover:
    As of 12/31/2022
    Asset Allocation

    As of 3/31/2023

    Top Sectors

    As of 3/31/2023

    Corporate (Super Sector)101.30%
    Bank Loan83.23%
    Corporate Bond18.07%
    Cash Equivalents-1.72%
    Cash Equivalents (Super Sector)-1.72%
    Top Holdings

    As of 3/31/2023

    HoldingValue% Portfolio
    Grifols Worldwide Operations, Tlb, First Lien$8.72M1.02%
    Froneri International, Ltd., First Lien Facility B2$8.45M0.99%
    Level 3 Financing, Inc. 6.6715%$7.63M0.90%
    Mitchell International, Inc., First Lien$7.41M0.87%
    Telenet Financing Usd Llc, First Lien$7.41M0.87%
    Peraton Corp., First Lien B$7.20M0.85%
    Upc Financing Partnership, First Lien Facility At$7.14M0.84%
    Ziggo Financing Partnership, First Lien I Facility$7.11M0.83%
    Whatabrands Llc, First Lien Initial B$6.81M0.80%
    Elanco Animal Health, Inc., First Lien B$6.77M0.79%
    Credit Quality

    As of 3/31/2023

    Maturity Breakdown

    As of 3/31/2023

    Country Allocation

    As of 3/31/2023

    Country% Portfolio
    United States - Fixed Income94.69%
    Canada - Fixed Income3.02%
    Others - Fixed Income1.74%
    United Kingdom - Fixed Income0.54%
    Australia - Fixed Income0.48%
    United States - Equity0.34%
    Netherlands - Fixed Income0.26%
    Japan - Fixed Income0.21%
    Italy - Fixed Income0.19%
    Norway - Fixed Income0.19%
    Canada - Equity0.05%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.