Blackstone / GSO Long-Short Credit Income Fund (BGX) To Go Ex-Dividend on April 22nd

Posted by Oscar Bower on Apr 20th, 2024

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Free Report) declared a monthly dividend on Monday, March 11th, Wall Street Journal reports. Investors of record on Tuesday, April 23rd will be given a dividend of 0.105 per share on Tuesday, April 30th. This represents a $1.26 dividend on an annualized basis and a yield of 10.34%. The ex-dividend date of this dividend is Monday, April 22nd.

Blackstone / GSO Long-Short Credit Income Fund has increased its dividend by an average of 2.0% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Blackstone / GSO Long-Short Credit Income Fund Trading Down 0.6 %

NYSE:BGX opened at $12.18 on Friday. Blackstone / GSO Long-Short Credit Income Fund has a one year low of $10.69 and a one year high of $12.44. The stock has a 50-day simple moving average of $12.19 and a 200 day simple moving average of $11.75.

Hedge Funds Weigh In On Blackstone / GSO Long-Short Credit Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SkyView Investment Advisors LLC acquired a new position in Blackstone / GSO Long-Short Credit Income Fund in the first quarter valued at approximately $40,000. JPMorgan Chase & Co. acquired a new stake in Blackstone / GSO Long-Short Credit Income Fund in the second quarter worth approximately $41,000. Comerica Bank acquired a new stake in Blackstone / GSO Long-Short Credit Income Fund in the third quarter worth approximately $109,000. Envestnet Asset Management Inc. acquired a new stake in Blackstone / GSO Long-Short Credit Income Fund in the third quarter worth approximately $124,000. Finally, Nomura Holdings Inc. acquired a new stake in Blackstone / GSO Long-Short Credit Income Fund in the fourth quarter worth approximately $125,000.

About Blackstone / GSO Long-Short Credit Income Fund

(Get Free Report)

Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.