Is Blackstone Long-Short Credit Income Fund (BGX) a Buy, Sell, or Hold?
NYSE : BGX
Blackstone Long-Short Credit Income Fund
$10.73 USD
-$0.08 (-0.74%)
- Volume
- 77.29K
- Average Volume
- 55.95K
- Market Capitalization
- $136.36M
- P/E Ratio
- 15.11
- Dividend Yield
- 9.12%
- Price Target
- Year High
- $12.65
- Year Low
- $10.38
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.47
- Current Ratio
- $0.09
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The Triple-Factor Closed-End Fund Report, June 2026
The Triple-Factor CEF screen highlights funds with >6.5% yield, >90% coverage, and discounts to NAV, balancing income, sustainability, and value. Top candidates like VVR, BGX, and DHF offer double-digit discounts, strong coverage, and yields up to 11.6%, presenting potential for both income and capital appreciation. Negative z-scores across several funds indicate they are trading well below historical valuation ranges, suggesting possible mean reversion opportunities. seekingalpha.com - 2026-07-13 09:52:43 |
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Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
NEW YORK--(BUSINESS WIRE)--Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., “Blackstone Credit & Insurance”), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027. businesswire.com - 2026-06-12 16:15:00 |
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BGX: Short Strategy Proven To Be Ineffective (Rating Downgrade)
Blackstone Long-Short Credit Income Fund is downgraded to sell due to unsustainable payouts and persistent NAV erosion. BGX trades at a 12% discount to NAV, reflecting market concerns over high software exposure and below-investment-grade credit risk. The fund pays out more than it earns, with a 7.7% yield unsupported by net investment income, risking further NAV declines. seekingalpha.com - 2026-05-14 02:37:58 |
