Blackstone Senior Floating Rate 2027 Term FundBSL
Market Cap: $185M
About: Blackstone Senior Floating Rate Term Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. It also invests in second-lien loans and high yield bonds and employs financial leverage, which may increase the risk to the Fund.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
4% more funds holding
Funds holding: 47 [Q1] → 49 (+2) [Q2]
6.42% less ownership
Funds ownership: 39.69% [Q1] → 33.28% (-6.42%) [Q2]
18% less capital invested
Capital invested by funds: $74M [Q1] → $60.7M (-$13.3M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for BSL.