BSL

Blackstone Senior Floating Rate 2027 Term Fund

13.98 USD
-0.07
0.50%
At close Apr 4, 4:00 PM EDT
After hours
13.90
-0.08
0.57%
1 day
-0.50%
5 days
-1.96%
1 month
-1.06%
3 months
-2.58%
6 months
-1.34%
Year to date
-2.92%
1 year
-0.92%
5 years
27.55%
10 years
-18.96%
 

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.

0
Funds holding %
of 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

3% less capital invested

Capital invested by funds: $58.6M [Q3] → $56.8M (-$1.78M) [Q4]

1.44% less ownership

Funds ownership: 31.88% [Q3] → 30.44% (-1.44%) [Q4]

2% less funds holding

Funds holding: 47 [Q3] → 46 (-1) [Q4]

18% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 17

Research analyst outlook

We haven’t received any recent analyst ratings for BSL.

Financial journalist opinion

Negative
Seeking Alpha
6 days 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.
CEF Weekly Review: Fixed Distribution Policies Can Get Unfixed
Neutral
PRNewsWire
3 weeks 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.
Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
Positive
Seeking Alpha
2 months ago
BSL: A Discounted CEF Aligned With Higher-For-Longer Interest Rates
The Blackstone Senior Floating Rate 2027 Term Fund provides a compelling investment opportunity to those who think a higher-for-longer interest rate environment will emerge. The fund is set to dissolve in May 2027, which we deem a prudent exit date. Its low duration equates to low price volatility, under normal market conditions.
BSL: A Discounted CEF Aligned With Higher-For-Longer Interest Rates
Neutral
PRNewsWire
3 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.
Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
Neutral
PRNewsWire
4 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.
Blackstone Credit & Insurance Closed-End Funds Announce Trustee, Officer, and Portfolio Management Team Changes
Positive
Seeking Alpha
5 months ago
BSL: 9% Yielding Monthly Payer
BSL is a closed-end fund that yields 9.6%. It has delivered a 32% total return, including distributions, over the past ~22 months. BSL's holdings, dividend coverage, performance, and valuations are covered in this article.
BSL: 9% Yielding Monthly Payer
Neutral
PRNewsWire
6 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").
Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
Positive
Seeking Alpha
9 months ago
BSL: 10% Yield, 5% Discount, Monthly Payer
With rates higher for longer, income vehicles that benefit from higher interest rates are still attractive. Blackstone Senior Floating Rate 2027 Term Fund offers a 9.76% yield with monthly distributions. The BSL closed-end fund focuses on high current income and capital preservation, with diversified holdings and outperformance in certain years.
BSL: 10% Yield, 5% Discount, Monthly Payer
Neutral
PRNewsWire
9 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.
Blackstone Credit & Insurance Closed-End Funds Announce Corrected Ex-Dividend Dates for Monthly Distributions
Neutral
PRNewsWire
9 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.
Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
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