Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Announces $0.09 Monthly Dividend

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Friday, December 12th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.092 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date is Wednesday, December 31st.

Blackstone / GSO Long-Short Credit Income Fund Trading Up 0.7%

Shares of BGX stock opened at $11.77 on Monday. Blackstone / GSO Long-Short Credit Income Fund has a 1 year low of $10.71 and a 1 year high of $13.02. The stock has a 50 day simple moving average of $11.78 and a 200 day simple moving average of $12.13.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BGX. Envestnet Asset Management Inc. grew its stake in Blackstone / GSO Long-Short Credit Income Fund by 434.0% during the third quarter. Envestnet Asset Management Inc. now owns 208,086 shares of the company’s stock worth $2,497,000 after buying an additional 169,118 shares in the last quarter. Guggenheim Capital LLC boosted its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 22.2% during the 2nd quarter. Guggenheim Capital LLC now owns 901,070 shares of the company’s stock worth $11,182,000 after acquiring an additional 163,743 shares in the last quarter. Adapt Wealth Advisors LLC bought a new position in Blackstone / GSO Long-Short Credit Income Fund in the third quarter valued at approximately $1,268,000. Wolverine Asset Management LLC increased its stake in Blackstone / GSO Long-Short Credit Income Fund by 676.4% in the second quarter. Wolverine Asset Management LLC now owns 62,771 shares of the company’s stock valued at $779,000 after acquiring an additional 54,686 shares during the last quarter. Finally, SeaCrest Wealth Management LLC acquired a new position in Blackstone / GSO Long-Short Credit Income Fund during the second quarter valued at approximately $452,000.

About Blackstone / GSO Long-Short Credit Income Fund

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.