Blackstone Strategic Credit 2027 term:BGB

    Manage Alerts


    As of 6/21/2024

    52 Wk Avg$11.37$12.64-10.07%
    52 Wk High$12.22$12.94-5.75%
    52 Wk Low$10.47$12.26-14.66%
    Regular Distribution TypeIncome Only
    Distribution Rate10.24%
    Distribution Amount$0.1010
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    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.

    Capital Structure

    As of 6/21/2024

    Total Investment Exposure:$896.906M
    Total Common Assets:$569.918M
    Common Shares Outstanding:44,664,382

    As of 6/21/2024

    Preferred Share Assets: $44.388M
    Total Debt (USD): $282.600M
    Regulatory Leverage (USD): $326.988M
    Effective Leverage (USD): $326.988M
    Effective Leverage (%): 36.46%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees1.57%
    Other Expenses:1.01%
    Baseline Expense: N/A
    Interest Expense:3.13%
    Total: 5.70%
    Fund Management

    Fund Sponsor
    Blackstone Liquid Credit Strategies LLC

    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): 157,560
    Average Daily Volume (USD): $1.788M
    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 6/21/2024

    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
    Avg. Earnings Per Share:
    As of 12/31/2023
    Annualized Distribution Rate on NAV:
    As of 6/21/2024
    Total Return on NAV (12 months):
    As of 6/21/2024
    Avg. Portfolio Coupon:
    As of 6/21/2024
    Total % Portfolio Effectively Leveraged:
    As of 6/21/2024

    Pricing Information

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

    As of 6/21/2024

    PeriodAvg Discount
    6 Month-8.17%
    1 Year-10.07%
    3 Year-9.66%
    5 Year-9.52%

    As of 6/21/2024

    3 Month0.21
    6 Month0.76
    1 Year1.30
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/31/2024
    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 5/31/2024
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/21/2024
    Number of Holdings:
    As of 3/31/2024
    Annual Portfolio Turnover:
    As of 12/31/2023
    Asset Allocation

    As of 3/31/2024

    Top Sectors

    As of 3/31/2024

    Corporate (Super Sector)101.28%
    Bank Loan84.82%
    Corporate Bond16.46%
    Cash Equivalents-1.51%
    Cash Equivalents (Super Sector)-1.51%
    Top Holdings

    As of 3/31/2024

    HoldingValue% Portfolio
    Peraton Corp., First Lien B$7.19M0.79%
    Pro Mach Group, Inc., First Lien Closing Date Initial$7.07M0.78%
    Cotiviti Inc, Tl, First Lien$6.72M0.74%
    Genuine Financial Holdings Llc, First Lien$6.36M0.70%
    Amwins Group, Inc., First Lien$6.02M0.66%
    Allied Universal Holdco Llc, First Lien Initial U.S. Dollar$5.99M0.66%
    Atlas Cc Acquisition Corp., First Lien B$5.94M0.65%
    Help/Systems Holdings, Inc., First Lien Seventh Amendment Refinancing$5.91M0.65%
    Trans Union Llc, First Lien$5.67M0.62%
    Siemens/Sivantosws Audiology Tl 1l, First Lien$5.64M0.62%
    Credit Quality

    As of 3/31/2024

    Maturity Breakdown

    As of 3/31/2024

    Country Allocation

    As of 3/31/2024

    Country% Portfolio
    United States - Fixed Income92.82%
    Canada - Fixed Income2.76%
    Others - Fixed Income1.82%
    Singapore - Fixed Income0.62%
    Netherlands - Fixed Income0.60%
    Germany - Fixed Income0.57%
    Ireland - Fixed Income0.54%
    United Kingdom - Fixed Income0.47%
    Australia - Fixed Income0.35%
    Japan - Fixed Income0.24%
    Italy - Fixed Income0.22%
    United States - Equity0.21%
    Austria - Fixed Income0.13%
    Norway - Fixed Income0.07%
    Greece - Fixed Income0.05%

    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.