Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Free Report) declared a monthly dividend on Friday, December 12th. Investors of record on Tuesday, December 23rd will be paid a dividend of 0.092 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date is Tuesday, December 23rd. This is a 13.6% increase from Blackstone / GSO Long-Short Credit Income Fund’s previous monthly dividend of $0.08.
Blackstone / GSO Long-Short Credit Income Fund Price Performance
Blackstone / GSO Long-Short Credit Income Fund stock opened at $11.74 on Friday. The firm has a fifty day simple moving average of $11.78 and a two-hundred day simple moving average of $12.15. Blackstone / GSO Long-Short Credit Income Fund has a twelve month low of $10.71 and a twelve month high of $13.02.
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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