Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Plans Monthly Dividend of $0.08

by · The Markets Daily

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Free Report) announced a monthly dividend on Friday, September 11th. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.08 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Wednesday, September 23rd.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

NYSE BGX opened at $10.68 on Monday. The firm has a 50 day simple moving average of $10.75 and a 200-day simple moving average of $10.80. Blackstone / GSO Long-Short Credit Income Fund has a one year low of $10.38 and a one year high of $12.40.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

(Get Free Report)

Blackstone/GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end management investment company that seeks to generate high current income and total return through a flexible, actively managed credit strategy. Listed on the New York Stock Exchange, the fund is externally managed by Blackstone Credit (formerly GSO Capital Partners), the credit investment platform of Blackstone Inc By combining long and short positions in corporate credit instruments, BGX aims to capitalize on inefficiencies across credit markets while managing downside risk.

The fund’s core investment activities encompass a diverse range of credit instruments, including senior secured loans, high-yield bonds, convertible securities and structured products.

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