Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Raises Dividend to $0.08 Per Share

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Friday, June 12th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.082 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Tuesday, June 23rd. This is a 17.1% increase from Blackstone / GSO Long-Short Credit Income Fund’s previous monthly dividend of $0.07.

Blackstone / GSO Long-Short Credit Income Fund Trading Down 0.0%

Shares of NYSE:BGX opened at $10.87 on Friday. The firm has a fifty day moving average price of $10.90 and a 200 day moving average price of $11.16. Blackstone / GSO Long-Short Credit Income Fund has a 1-year low of $10.38 and a 1-year high of $12.65.

Institutional Investors Weigh In On Blackstone / GSO Long-Short Credit Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in BGX. Royal Bank of Canada grew its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 4.6% during the first quarter. Royal Bank of Canada now owns 92,158 shares of the company’s stock worth $1,139,000 after buying an additional 4,090 shares during the last quarter. Cetera Investment Advisers increased its position in Blackstone / GSO Long-Short Credit Income Fund by 8.3% in the 2nd quarter. Cetera Investment Advisers now owns 33,568 shares of the company’s stock valued at $417,000 after acquiring an additional 2,566 shares during the period. Invesco Ltd. raised its stake in Blackstone / GSO Long-Short Credit Income Fund by 8.2% during the 2nd quarter. Invesco Ltd. now owns 294,313 shares of the company’s stock valued at $3,652,000 after acquiring an additional 22,240 shares during the last quarter. Raymond James Financial Inc. raised its stake in Blackstone / GSO Long-Short Credit Income Fund by 15.1% during the 2nd quarter. Raymond James Financial Inc. now owns 12,848 shares of the company’s stock valued at $159,000 after acquiring an additional 1,684 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its position in Blackstone / GSO Long-Short Credit Income Fund by 9.3% during the 2nd quarter. Osaic Holdings Inc. now owns 15,885 shares of the company’s stock worth $197,000 after acquiring an additional 1,351 shares during the period.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

Blackstone/GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end management investment company that seeks to generate high current income and total return through a flexible, actively managed credit strategy. Listed on the New York Stock Exchange, the fund is externally managed by Blackstone Credit (formerly GSO Capital Partners), the credit investment platform of Blackstone Inc By combining long and short positions in corporate credit instruments, BGX aims to capitalize on inefficiencies across credit markets while managing downside risk.

The fund’s core investment activities encompass a diverse range of credit instruments, including senior secured loans, high-yield bonds, convertible securities and structured products.