STOCK TITAN

Blackstone Strategic Credit 2027 Term Fund - $BGB STOCK NEWS

Welcome to our dedicated page for Blackstone Strategic Credit 2027 Term Fund news (Ticker: $BGB), a resource for investors and traders seeking the latest updates and insights on Blackstone Strategic Credit 2027 Term Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blackstone Strategic Credit 2027 Term Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blackstone Strategic Credit 2027 Term Fund's position in the market.

Rhea-AI Summary
Blackstone Credit & Insurance closed-end funds, including Blackstone Strategic Credit 2027 Term Fund (BGB), announced monthly distributions. The Funds' monthly distributions for BGB are $0.093 per share, with Ex-Dates on March 20, 2024, April 22, 2024, and May 22, 2024. Record Dates are March 21, 2024, April 23, 2024, and May 23, 2024, with Payable Dates on March 28, 2024, April 30, 2024, and May 31, 2024. The dynamic distribution strategy aims to maintain portfolio credit quality in changing market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
none
-
Rhea-AI Summary
Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP, announced changes in Trustee and Officer positions 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 Term Fund (NYSE: BGB). Daniel H. Smith resigned from his positions, and Robert Zable and Robert Post were appointed to these positions. There will be no changes to the Funds' strategies, investment objectives, or policies as a result of these changes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
none
-
Rhea-AI Summary
Blackstone Liquid Credit Strategies LLC (NYSE: BSL), an affiliate of Blackstone Alternative Credit Advisors LP, declared monthly distributions for three listed closed-end funds it advises: Blackstone Senior Floating Rate 2027 Term Fund (BSL), Blackstone Long-Short Credit Income Fund (BGX), and Blackstone Strategic Credit 2027 Term Fund (BGB). The monthly distribution per share for each fund is $0.114, $0.103, and $0.094 respectively. The ex-date, record date, and payable date for the distributions are also provided. The dynamic distribution strategy allows Blackstone Credit to maintain portfolio credit quality in varying market conditions and reduces the need to retain reserves from net investment income to support the stability of future distributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
none
Rhea-AI Summary
Blackstone Credit closed-end funds declare monthly distributions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.93%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
none
Blackstone Strategic Credit 2027 Term Fund

NYSE:BGB

BGB Rankings

BGB Stock Data

532.40M
44.66M
0.13%
54.1%
0.08%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
New York