Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL – Get Free Report) announced a monthly dividend on Friday, June 12th. Stockholders of record on Monday, August 24th will be paid a dividend of 0.088 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Monday, August 24th.
Blackstone Senior Floating Rate 2027 Term Fund Price Performance
BSL stock opened at $13.00 on Friday. The firm has a 50-day simple moving average of $13.02 and a 200-day simple moving average of $13.01. Blackstone Senior Floating Rate 2027 Term Fund has a 52 week low of $12.45 and a 52 week high of $14.32.
Blackstone Senior Floating Rate 2027 Term Fund Company Profile
Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL) is a closed-end management investment company that seeks to provide investors with current income by primarily investing in senior floating-rate loans. Managed by Blackstone Credit, the fund focuses on lending solutions to corporate borrowers, offering exposure to debt instruments designed to adjust with prevailing interest rates. BSL’s structure is designed to mature in 2027, at which point the fund will seek to liquidate its portfolio and distribute proceeds to shareholders.
The fund’s investment strategy centers on senior secured loans and other floating-rate debt issued by U.S.
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