Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Free Report) announced a monthly dividend on Friday, March 13th. Stockholders of record on Tuesday, March 24th will be given a dividend of 0.07 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date is Tuesday, March 24th.
Blackstone / GSO Long-Short Credit Income Fund Stock Performance
NYSE:BGX opened at $10.61 on Friday. The company’s 50-day simple moving average is $11.18 and its 200-day simple moving average is $11.64. Blackstone / GSO Long-Short Credit Income Fund has a fifty-two week low of $10.38 and a fifty-two week high of $12.65.
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.
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