Blackstone Long-Short Credit Income:BGX

    Manage Alerts

    Overview

    As of 4/11/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$12.25$13.36-8.31%
    52 Wk Avg$11.51$13.05-11.88%
    52 Wk High$12.44$13.41-7.36%
    52 Wk Low$10.69$12.58-15.46%
    Regular Distribution TypeIncome Only
    Distribution Rate10.29%
    Distribution Amount$0.1050
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to provide current income, with a secondary objective of capital appreciation.

    Capital Structure

    As of 4/11/2024

    Total Investment Exposure:$246.983M
    Total Common Assets:$169.783M
    Common Shares Outstanding:12,708,275
    Leverage

    As of 4/11/2024

    Preferred Share Assets:
    Total Debt (USD): $77.200M
    Regulatory Leverage (USD): $77.200M
    Effective Leverage (USD): $77.200M
    Effective Leverage (%): 31.26%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees1.20%
    Other Expenses:1.00%
    Baseline Expense: N/A
    Interest Expense:3.04%
    Total: 5.24%
    Fund Management

    Fund Sponsor
    Blackstone Liquid Credit Strategies LLC

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

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: BGX
    NAV Ticker: XXBGX
    Average Daily Volume (shares): 54,152
    Average Daily Volume (USD): $0.625M
    Inception Date: 1/27/2011
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 4/11/2024

    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
    $0.6612
    Annualized Distribution Rate on NAV:
    As of 4/11/2024
    9.43%
    Total Return on NAV (12 months):
    As of 4/11/2024
    15.14%
    Avg. Portfolio Coupon:
    As of 4/11/2024
    8.76%
    Total % Portfolio Effectively Leveraged:
    As of 4/11/2024
    31.26%

    Pricing Information

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

    As of 4/12/2024

    PeriodAvg Discount
    6 Month-10.82%
    1 Year-11.88%
    3 Year-9.75%
    5 Year-8.45%
    Z-Score

    As of 4/11/2024

    PeriodZStat
    3 Month0.63
    6 Month1.24
    1 Year1.74
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/31/2024
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD9.36%3.20%6.36%2.66%
    202318.92%16.01%18.44%14.27%
    2022-20.57%-11.96%-14.61%-6.12%
    202117.54%8.92%20.67%7.70%
    2020-5.40%3.48%0.14%1.12%
    201925.02%10.46%18.13%8.70%
    2018-4.14%0.59%-7.68%-1.95%
    20177.97%8.46%3.80%5.83%
    201630.10%20.32%24.86%18.27%
    2015-5.47%-7.20%-3.65%-4.65%
    2014-6.84%-0.63%-2.59%1.36%
    20132.48%8.09%3.18%9.08%
    201217.92%12.38%23.78%15.96%
    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 3/31/2024
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 4/11/2024
    8.76%
    Number of Holdings:
    As of 2/29/2024
    475
    Annual Portfolio Turnover:
    As of 12/31/2023
    88.00%
    Asset Allocation

    As of 2/29/2024

    Top Sectors

    As of 2/29/2024

    Sector%Portfolio
    Corporate (Super Sector)94.96%
    Bank Loan86.18%
    Corporate Bond8.78%
    Securitized (Super Sector)5.01%
    Asset Backed5.01%
    Cash Equivalents-0.08%
    Cash Equivalents (Super Sector)-0.08%
    Top Holdings

    As of 2/29/2024

    HoldingValue% Portfolio
    Cci Buyer, Inc., First Lien Initial$2.02M0.81%
    AIG CLO 2021-3 LLC 8.6863%$2.01M0.81%
    Peraton Corp., First Lien B$2.00M0.81%
    Cotiviti Inc, Tl, First Lien$1.84M0.74%
    Genuine Financial Holdings Llc, First Lien$1.82M0.73%
    Help/Systems Holdings, Inc., First Lien Seventh Amendment Refinancing$1.76M0.71%
    Atlas Cc Acquisition Corp., First Lien B$1.74M0.70%
    Auris Luxembourg Iii Sarl, First Lien Facility B2$1.73M0.70%
    Telenet Financing Usd Llc, First Lien$1.68M0.68%
    Froneri International, Ltd., First Lien Facility B2$1.64M0.66%
    Credit Quality

    As of 2/29/2024

    Maturity Breakdown

    As of 2/29/2024

    Country Allocation

    As of 2/29/2024

    Country% Portfolio
    United States - Fixed Income92.44%
    Canada - Fixed Income2.59%
    Others - Fixed Income2.58%
    United Kingdom - Fixed Income0.53%
    Ireland - Fixed Income0.47%
    Netherlands - Fixed Income0.35%
    Germany - Fixed Income0.34%
    Australia - Fixed Income0.23%
    Japan - Fixed Income0.15%
    Italy - Fixed Income0.12%
    United States - Equity0.11%
    Norway - Fixed Income0.08%
    Austria - Fixed Income0.04%
    Greece - Fixed Income0.03%

    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.

    NOTES:

    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.

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