Blackstone / GSO Long-Short Credit Income Fund Declares Monthly Distributions, Payable on September 30, 2020, October 30, 2020 and November 30, 2020
September 11, 2020 at 01:45 am IST
Share
GSO /Blackstone Debt Funds Management LLC, announced monthly distributions for Blackstone /GSO Long-Short Credit Income Fund of $0.087 per share. Ex-dates are September 22, 2020, October 22, 2020 and November 19, 2020. Record Date are September 23, 2020, October 23, 2020 and November 20, 2020. Payable Dates are September 30, 2020, October 30, 2020 and November 30, 2020.
Blackstone Long-Short Credit Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. The Fund will take long positions in investments which it believes offer the potential for attractive returns under various economic and interest rate environments. BGX may also take short positions in investments which it believes will underperform due to a greater sensitivity to earnings growth of the issuer, default risk or the general level and direction of interest rates. It must hold no less than 70% of its Managed Assets in first and second lien secured loans (Secured Loans) but may also invest in unsecured loans and high-yield bonds. The Fund invests in various sectors, which include aerospace and defense, auto components, beverages, building products, and others. Blackstone Liquid Credit Strategies LLC serves as an investment advisor for the Fund.