Blackstone Strategic Credit 2027 Term FundBGB
About: Blackstone Strategic Credit Fund is a closed-end term fund. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in senior, secured floating-rate loans. The fund also invest in second-lien loans and high yield bonds and employs financial leverage, which may increase risk to the Fund. The Fund has a limited term and absent shareholder approval to extend the life of the Fund.
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
0.54% more ownership
Funds ownership: 44.74% [Q3] → 45.28% (+0.54%) [Q4]
0% more capital invested
Capital invested by funds: $246M [Q3] → $247M (+$1.22M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
2% less funds holding
Funds holding: 90 [Q3] → 88 (-2) [Q4]
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
Research analyst outlook
We haven’t received any recent analyst ratings for BGB.
Financial journalist opinion








