Blackstone Strategic Credit Fund (BGB) Stock
Blackstone Strategic Credit 2027 Term Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States.
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About Blackstone Strategic Credit Fund
Blackstone Strategic Credit 2027 Term Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities. The fund employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. It benchmarks the performance of its portfolio against a composite index comprised of 75% S&P/LSTA Leveraged Loan Index and 25% Barclays US High Yield Index. Blackstone Strategic Credit 2027 Term Fund was formed on September 26, 2012 and is domiciled in United States.
Blackstone Strategic Credit Fund is headquartered in US.
Blackstone Strategic Credit Fund (BGB) stock trades at $11.32 with a market capitalization of $505.76M. The stock is valued at a price-to-earnings (P/E) ratio of 16.65, price-to-book of 0.91, price-to-sales of 7.69. Over the past 52 weeks the stock has ranged between $10.85 and $12.65, and currently trades 10.5% below its 52-week high.
On profitability, Blackstone Strategic Credit Fund generates a return on equity (ROE) of 5.36%, return on capital employed of 7.74%, an operating margin of 74.47%, a net profit margin of 45.71%.
Official website: www.blackstone-gso.com/bgb-index.php