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NYSE:BGB

Blackstone Strategic Credit 2027 Term Fund (BGB) Stock Price, News & Analysis

$12.03
-0.06 (-0.50%)
(As of 06/17/2024 ET)
Today's Range
$12.02
$12.09
50-Day Range
$11.67
$12.16
52-Week Range
$10.47
$12.22
Volume
188,641 shs
Average Volume
151,360 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
9.56%
Price Target
N/A
BGB stock logo

About Blackstone Strategic Credit 2027 Term Fund Stock (NYSE:BGB)

Blackstone Strategic Credit 2027 Term Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities. The fund employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. It benchmarks the performance of its portfolio against a composite index comprised of 75% S&P/LSTA Leveraged Loan Index and 25% Barclays US High Yield Index. Blackstone Strategic Credit 2027 Term Fund was formed on September 26, 2012 and is domiciled in United States.

BGB Stock Price History

BGB Stock News Headlines

Blackstone Senior Floating Rate 2027 Term Fund
Blackstone Strategic Credit 2027 Term Fund (BGB)
BGB: A Declining NAV Fund
Resolution Life, Blackstone Partner To Support Growth Of Resolution Life
Blackstone Strategic Credit Fund
See More Headlines
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Company Calendar

Today
6/17/2024
Ex-Dividend for 6/28 Dividend
6/21/2024
Dividend Payable
6/28/2024
Ex-Dividend for 7/31 Dividend
7/24/2024
Dividend Payable
7/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$86.43 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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BGB Stock Analysis - Frequently Asked Questions

How have BGB shares performed in 2024?

Blackstone Strategic Credit 2027 Term Fund's stock was trading at $11.32 at the beginning of the year. Since then, BGB stock has increased by 6.3% and is now trading at $12.03.
View the best growth stocks for 2024 here
.

Are investors shorting Blackstone Strategic Credit 2027 Term Fund?

Blackstone Strategic Credit 2027 Term Fund saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 39,000 shares, an increase of 18.2% from the May 15th total of 33,000 shares. Based on an average trading volume of 145,600 shares, the days-to-cover ratio is presently 0.3 days.
View Blackstone Strategic Credit 2027 Term Fund's Short Interest
.

How often does Blackstone Strategic Credit 2027 Term Fund pay dividends? What is the dividend yield for Blackstone Strategic Credit 2027 Term Fund?

Blackstone Strategic Credit 2027 Term Fund declared a monthly dividend on Friday, June 14th. Investors of record on Friday, August 23rd will be paid a dividend of $0.101 per share on Friday, August 30th. This represents a $1.21 annualized dividend and a dividend yield of 10.07%. The ex-dividend date of this dividend is Friday, August 23rd.
Read our dividend analysis for BGB
.

Is Blackstone Strategic Credit 2027 Term Fund a good dividend stock?

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) pays an annual dividend of $1.15 per share and currently has a dividend yield of 0.09%.
Read our dividend analysis for BGB.

What ETFs hold Blackstone Strategic Credit 2027 Term Fund's stock?

ETFs with the largest weight of Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) stock in their portfolio include Amplify High Income ETF (YYY), First Trust Income Opportunities ETF (FCEF), Virtus Private Credit Strategy ETF (VPC) and BlackRock Total Return ETF (BRTR).

What other stocks do shareholders of Blackstone Strategic Credit 2027 Term Fund own?
Who are Blackstone Strategic Credit 2027 Term Fund's major shareholders?

Blackstone Strategic Credit 2027 Term Fund's stock is owned by a variety of institutional and retail investors. Top institutional investors include City of London Investment Management Co. Ltd. (0.00%), Commonwealth Equity Services LLC (0.00%), Advisors Asset Management Inc. (0.00%), Tranquility Partners LLC (0.00%), Tidal Investments LLC (0.00%) and Cetera Advisors LLC (0.00%). Insiders that own company stock include Gordon Mckemie and Valerie Naratil.
View institutional ownership trends
.

How do I buy shares of Blackstone Strategic Credit 2027 Term Fund?

Shares of BGB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BGB) was last updated on 6/17/2024 by MarketBeat.com Staff

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