Blackstone Strategic Credit 2027 Term Fund (BGB)
| Market Value | 552.50M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 44.66M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.09 (8.81%) |
| Ex-Dividend Date | Aug 22, 2025 |
| Volume | 71,596 |
| Open | 12.42 |
| Previous Close | 12.39 |
| Day's Range | 12.35 - 12.42 |
| 52-Week Range | 10.47 - 12.69 |
| Beta | 0.43 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About PTVE
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 ... [Read more]
News
BGB's Biggest Risk Is A Pivot In Rate Policy
BGB offers an 8.58% yield via a diversified portfolio of senior secured, mostly floating-rate loans, amplified by significant leverage. The fund's floating-rate focus benefits from stable or rising ra...
BGB: Offers A Clear Path To Alpha By Capturing The Discount
BGB offers a unique opportunity due to its term structure, enabling predictable discount-to-NAV convergence by September 2027 for potential extra capital appreciation. The fund delivers an 8%+ yield f...
Triple-Factor Closed-End Fund Report, June 2025
The Triple-Factor screen identifies closed-end funds with >8% yield, >90% coverage, and trading at a discount to NAV, balancing yield, sustainability, and value. Key metrics: premium/discount, z-score...
Income-Covered Closed-End Fund Report, June 2025
I focus on CEFs with 100%+ distribution coverage, as this suggests lower risk of distribution cuts and more sustainable income for investors. My top screens highlight funds with the deepest discounts,...
What Recent CEF Distribution Cuts Mean, And Why I'm Not Concerned
Diversification across bonds, senior loans, and CLOs is key to managing interest rate and credit risks in fixed-income portfolios. Market timing is extremely difficult; a balanced mix of fixed and flo...
5 Closed-End Fund Buys In The Month Of May 2025
The market saw a strong continuing recovery in May from April's market drop. The rebound was enough to see the drop recover entirely that was seen in April, but the markets still remain off all-time h...
BGB: Discount Provides Alpha Opportunity
Blackstone Strategic Credit 2027 Term Fund is a term-structured closed-end fund, which can make its discount even more important as we near the final couple of years. Term funds can extend their liqui...
2 CEFs That Can Benefit From Fed Keeping Its Target Rate Higher
The volatile market environment due to the trade war can create opportunities for long-term investors, especially in closed-end funds (CEFs). First Trust High Yield Opportunities 2027 Term Fund (FTHY)...
CEF Weekly Review: Fixed Distribution Policies Can Get Unfixed
We review the CEF market valuation and performance through the third week of March and highlight recent market action. Nearly all CEF sectors were up, with MLPs rebounding and loan funds lagging; mont...
BGB: This CEF Is Now Fair-Valued (Rating Downgrade)
The Blackstone Strategic Credit 2027 Term Fund was previously rated 'Buy' due to its wide discount to NAV, which has since narrowed significantly. BGB's robust performance over the past year is largel...
Blackstone Credit & Insurance Closed-End Funds Announce Trustee, Officer, and Portfolio Management Team Changes
NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the cre...
Blackstone Credit & Insurance Closed-End Funds Announce Corrected Ex-Dividend Dates for Monthly Distributions
NEW YORK , June 12, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the cre...
BGB: Floating Rate Exposure Benefiting From 'Higher For Longer'
Blackstone Strategic Credit 2027 Term Fund has been performing well since our prior update and seeing its discounts narrow. BGB benefits from hotter inflation and a resilient economy, which decreases ...
BGB: Active Leveraged Loan CEF From Blackstone, 9.6% Yield
The Blackstone Strategic Credit Fund is undervalued compared to its peers, despite outperforming well-known CEFs from PIMCO. BGB has a unique approach with a high allocation to fixed income bonds and ...
CEF Weekly Commentary | Swap Some MAIN Bonds?
Macro markets saw positive movement, with the S&P 500 up 1.81% and bonds performing well. The PPI report offset slightly hot CPI, leaving uncertainty about how the Fed will respond to rising inflation...
Blackstone Credit Closed-End Funds Announce Trustee and Officer Changes
NEW YORK , Jan. 4, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the cred...
Blackstone Credit Closed-End Funds Declare Monthly Distributions
NEW YORK , Dec. 11, 2023 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the cre...
BGB: A Solid Income Fund With Limited Interest-Rate Risk
The Blackstone Strategic Credit 2027 Term Fund offers a current distribution yield of 11.08%, comparable to other fixed-income funds. The fund has outperformed the broader bond market, with a 3.37% in...
CEF Weekly Review: When Distribution Cuts Are Good News
We review CEF market valuation and performance through the third week of September and highlight recent market action. Most sectors saw NAV gains, but discounts widened, particularly in the Covered Ca...
BGB: Floating Rate Exposure On This Deeply Discounted Term Fund
The Blackstone Strategic Credit 2027 Term Fund has benefited from higher interest rates through distribution increases due to its portfolio of senior secured loans. BGB has a deep discount and is a te...
The Quality Closed-End Fund Report, March 2023
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.
Blackstone Credit Announces Name Changes for Two Closed-End Funds to Specify "2027 Term" in Name
NEW YORK , Feb. 23, 2023 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the cre...
BGB: A Declining NAV Fund
Blackstone Strategic Credit Fund aims to provide high current income from a portfolio of senior loans and high yield bonds. The closed-end fund has an annualized yield of 9.4%, using the latest monthl...
CEF Weekly Review: Ignore Yield-On-Cost Outside Of Tax Considerations
We review closed-end fund market valuation and performance through the third week of December and highlight recent market action. CEFs were mixed this week; however, discounts have continued to widen,...
