Blackstone Long Short Credit Income Fund (BGX) is a closed-end fund whose primary investment objective is to provide current income, with a secondary objective of capital appreciation. BGX will take long positions in investments which we believe offer the potential for attractive returns under various economic and interest rate environments. BGX may also take short positions in investments which we believe will under-perform due to a greater sensitivity to earnings growth of the issuer, default risk or the general level and direction of interest rates. BGX must hold no less than 70% of its Managed Assets in first- and second-lien secured floating rate loans (“Secured Loans”), but may also invest in unsecured loans and high yield bonds.
Company profile
Ticker
BGX
Exchange
CEO
Daniel Smith
Employees
Incorporated
Location
Fiscal year end
Former names
Blackstone / GSO Dynamic Credit Income Fund, Blackstone / GSO Long-Short Credit Income Fund
SEC CIK
BGX stock data
Latest filings (excl ownership)
N-CEN
Annual report (registered investment company)
15 Mar 24
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
7 Mar 24
N-CSR
Certified annual shareholder report (management investment company)
7 Mar 24
DEF 14A
Definitive proxy
1 Mar 24
424B3
Prospectus supplement
4 Jan 24
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
7 Sep 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
7 Sep 23
N-PX
Annual report of proxy voting record
11 Aug 23
N-CEN
Annual report (registered investment company)
15 Mar 23
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
3 Mar 23
Latest ownership filings
NPORT-P
Blackstone Long-Short Credit Income Fund (Dec 2023 report)
29 Feb 24
SC 13G/A
SUN LIFE FINANCIAL INC
13 Feb 24
SC 13G/A
Sun Life Assurance Co of Canada
13 Feb 24
SC 13G/A
SIT INVESTMENT ASSOCIATES INC
6 Feb 24
SC 13G/A
FIRST TRUST PORTFOLIOS LP
19 Jan 24
NPORT-P
Blackstone Long-Short Credit Income Fund (Sep 2023 report)
29 Nov 23
NPORT-P
Blackstone Long-Short Credit Income Fund (Jun 2023 report)
28 Aug 23
4
Gordon McKemie
26 Jun 23
NPORT-P
Blackstone Long-Short Credit Income Fund (Mar 2023 report)
30 May 23
4
Gordon McKemie
24 Mar 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
Blackstone Long-Short Credit Income Fund | – | 3.12 | 0.55 | 1.84 | 272.71 mm | 417 | Sep 2023 |
Institutional ownership, Q3 2023
53.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 42 |
Opened positions | 2 |
Closed positions | 5 |
Increased positions | 8 |
Reduced positions | 20 |
13F shares | Current |
---|---|
Total value | 45.99 bn |
Total shares | 6.81 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
First Trust Portfolios | 1.82 mm | $0.00 |
MS Morgan Stanley | 877.25 k | $10.22 bn |
Sit Investment Associates | 859.16 k | $10.01 mm |
Saba Capital Management | 583.91 k | $6.80 bn |
Rivernorth Capital Management | 361.42 k | $4.21 bn |
Next Capital Management | 296.32 k | $3.45 bn |
Guggenheim Capital | 252.77 k | $2.94 bn |
IVZ Invesco | 181.17 k | $2.11 bn |
CNS Cohen & Steers | 170.00 k | $1.98 mm |
WFC Wells Fargo & Co. | 158.96 k | $1.85 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Jun 23 | Gordon McKemie | Common Shares of Beneficial Interest | Sell | Dispose S | No | No | 11 | 333 | 3.66 k | 0 |
15 Mar 23 | Gordon McKemie | Common Shares of Beneficial Ownership | By will or laws of descent | Acquire W | No | No | 0 | 333.3 | 0.00 | 333.3 |