Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) Trading Up 0.5% – Still a Buy?

Posted by Defense World Staff on Jun 4th, 2025

Shares of Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB – Get Free Report) traded up 0.5% on Tuesday . The stock traded as high as $11.94 and last traded at $11.93. 146,451 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 189,972 shares. The stock had previously closed at $11.87.

Blackstone Strategic Credit 2027 Term Fund Price Performance

The business has a 50 day simple moving average of $11.73 and a 200-day simple moving average of $12.13.

Blackstone Strategic Credit 2027 Term Fund Announces Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 25th were issued a $0.089 dividend. This represents a dividend yield of 8.83%. The ex-dividend date was Monday, March 24th.

Institutional Trading of Blackstone Strategic Credit 2027 Term Fund

A number of large investors have recently added to or reduced their stakes in the stock. US Bancorp DE bought a new position in shares of Blackstone Strategic Credit 2027 Term Fund during the 4th quarter valued at approximately $45,000. Spire Wealth Management purchased a new position in Blackstone Strategic Credit 2027 Term Fund in the fourth quarter valued at approximately $67,000. Elequin Capital LP purchased a new position in Blackstone Strategic Credit 2027 Term Fund in the fourth quarter valued at approximately $103,000. Citadel Advisors LLC bought a new position in Blackstone Strategic Credit 2027 Term Fund during the fourth quarter valued at $127,000. Finally, M&T Bank Corp purchased a new stake in Blackstone Strategic Credit 2027 Term Fund in the first quarter worth $137,000.

About Blackstone Strategic Credit 2027 Term Fund

(Get Free Report)

Blackstone Strategic Credit 2027 Term Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities.