Blackstone Long-Short Credit Income Fund
BGX
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Daniel H. Smith
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 345 Park Avenue New York NY United States of America 10154
- IPO Date
- Jan 25, 2011
- CIK
- 0001504234
- Website
- blackstone-gso.com
- Similar Companies
- Business
- Blackstone / GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end fixed income fund that seeks to provide high current income, with a secondary objective of capital appreciation, through a long-short credit investment strategy across below-investment-grade securities. The Fund, externally managed by Blackstone Liquid Credit Strategies LLC (formerly GSO / Blackstone Debt Funds Management LLC), primarily invests at least 70% of its managed assets in secured loans and at least 80% in credit instruments, including first- and second-lien senior secured loans, high-yield corporate bonds, convertible securities, structured products, collateralized loan obligations, and derivatives such as credit default swaps and total return swaps for hedging and short positions; its portfolio as of September 30, 2025, features top holdings like Global Medical Response Inc First Lien, Allied Universal Holdco LLC First Lien, and Bain Capital Credit CLO 2022-3 Ltd., with selective exposure to issuers in North America, Europe, and other developed markets. Launched on October 22, 2010, and listed on the New York Stock Exchange, the Fund is domiciled in the United States with portfolio management led by Daniel T. McMullen, Robert Post, and Meghan Fornshell; it employs a research-driven fundamental analysis approach, benchmarking against a composite of 70% S&P/LSTA Leveraged Loan Index and 30% Barclays US High Yield Index. Recent developments include regular monthly dividend declarations, such as $0.081 per share paid on November 28, 2025 (ex-dividend November 20, 2025), reflecting an annualized yield of approximately 8.2%, alongside ongoing portfolio adjustments amid trading activity showing shares at around $11.86 as of early December 2025; the Fund maintains its focus on U.S. fixed income markets serving institutional and retail investors seeking risk-adjusted returns in leveraged credit.