Blackstone Strategic Credit Fund (BGB)
Market Closed
11 Sep, 13:30
NYSE NYSE Primary $
11. 19
-0.01
-0.0893%
Pre Market
$
+0.01 +0.0894% 11. 20
- Market Cap
- Div Yield
1,635 Volume
$ 11.2
Previous Close 
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BGB: Discount Widens On Term Fund With Institutional CEF Investor Taking A Stake
Blackstone Strategic Credit 2027 Term offers a widened discount exceeding 5.5%, now above our "Buy" threshold, prompting an upgrade. BGB's term structure and anticipated 2027 liquidation create a tactical opportunity, with a recent investment from a large institutional CEF investment group. The fund's floating-rate, senior secured loan portfolio provides diversification but carries leveraged below-investment-grade credit risk.
Seekingalpha | 5 months ago
