BGB
Blackstone Strategic Credit 2027 Term FundBGB
BGB
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
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]
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
Research analyst outlook
We haven’t received any recent analyst ratings for BGB.
Financial journalist opinion
Positive
Seeking Alpha
1 day ago
2 CEFs That Can Benefit From Fed Keeping Its Target Rate Higher
The volatile market environment due to the trade war can create opportunities for long-term investors, especially in closed-end funds (CEFs). First Trust High Yield Opportunities 2027 Term Fund (FTHY) and Blackstone Strategic Credit 2027 Term Fund (BGB) offer high-yield exposure with potential benefits from floating-rate investments. Both FTHY and BGB have seen distribution cuts due to interest rate changes, but their discounts have widened, presenting potential buying opportunities.
Negative
Seeking Alpha
1 month ago
CEF Weekly Review: Fixed Distribution Policies Can Get Unfixed
We review the CEF market valuation and performance through the third week of March and highlight recent market action. Nearly all CEF sectors were up, with MLPs rebounding and loan funds lagging; month-to-date, most sectors remain down due to lower equity prices and wider credit spreads. Invesco credit CEFs VLT and VVR cancelled their fixed managed distribution policies with VVR price falling hard on the news.
Neutral
PRNewsWire
1 month ago
Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
NEW YORK , March 14, 2025 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds"). The Funds' monthly distributions are set forth below.
Neutral
Seeking Alpha
3 months ago
BGB: This CEF Is Now Fair-Valued (Rating Downgrade)
The Blackstone Strategic Credit 2027 Term Fund was previously rated 'Buy' due to its wide discount to NAV, which has since narrowed significantly. BGB's robust performance over the past year is largely due to the discount narrowing, with 40% of the total return attributed to this factor. Despite strong performance, a significant portion of BGB's gains stem from valuation normalization rather than fundamental cash flow improvements.
Neutral
PRNewsWire
4 months ago
Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
NEW YORK , Dec. 13, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds"). The Funds' monthly distributions are set forth below.
Neutral
PRNewsWire
5 months ago
Blackstone Credit & Insurance Closed-End Funds Announce Trustee, Officer, and Portfolio Management Team Changes
NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit, asset-based finance, and insurance asset management business unit of Blackstone Inc., "Blackstone Credit & Insurance" or "BXCI"), announced certain changes in Trustee and Officer positions, as well as the Portfolio Management team, for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds"). Effective November 15, 2024, Robert Zable resigned from his positions as Trustee and Chairman of the Boards of Trustees (the "Board") and as President and Chief Executive Officer of the Funds, and effective November 15, 2024, the Board appointed Daniel Leiter to these positions.
Positive
24/7 Wall Street
7 months ago
Want $1,500 in Annual Passive Income? Invest $1,500 in Each Of These 10 Stocks
24/7 Wall Street Insights The Federal Reserve's rate cut to calm market speculation may potentially re-fuel higher inflation and possibly trigger a recession.
Neutral
PRNewsWire
7 months ago
Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
NEW YORK , Sept. 13, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds").
Neutral
PRNewsWire
10 months ago
Blackstone Credit & Insurance Closed-End Funds Announce Corrected Ex-Dividend Dates for Monthly Distributions
NEW YORK , June 12, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), recently announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds"). The ex-dividend dates in the prior press release announcing these distributions were incorrect and have been corrected below, with each ex-dividend date being adjusted to one day later than what was previously announced.
Neutral
PRNewsWire
10 months ago
Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
NEW YORK , June 11, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds"). The Funds' monthly distributions are set forth below.
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