Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
Blackstone Credit & Insurance has announced monthly distributions for three listed closed-end funds: Blackstone Senior Floating Rate 2027 Term Fund (BSL), Blackstone Long-Short Credit Income Fund (BGX), and Blackstone Strategic Credit 2027 Term Fund (BGB).
The funds employ a dynamic distribution strategy where monthly distributions are closely tied to each fund's recent average monthly net income, typically varying quarter-to-quarter. This approach provides Blackstone Credit & Insurance greater flexibility in maintaining portfolio credit quality across market conditions and reduces the need for net investment income reserves to support future distributions.
As part of Blackstone, the world's largest alternative asset manager with over $1.1 trillion in assets under management, Blackstone Credit & Insurance operates as a leading credit investor across various markets, including private investment grade, public investment grade, high yield, infrastructure debt, and direct lending.
Blackstone Credit & Insurance ha annunciato distribuzioni mensili per tre fondi chiusi quotati: Blackstone Senior Floating Rate 2027 Term Fund (BSL), Blackstone Long-Short Credit Income Fund (BGX) e Blackstone Strategic Credit 2027 Term Fund (BGB).
I fondi adottano una strategia di distribuzione dinamica in cui le distribuzioni mensili sono strettamente collegate al reddito netto mensile medio recente di ciascun fondo, che varia tipicamente da trimestre a trimestre. Questo approccio offre a Blackstone Credit & Insurance maggiore flessibilità nel mantenere la qualità del credito del portafoglio in diverse condizioni di mercato e riduce la necessità di riserve di reddito netto da investimenti per sostenere le distribuzioni future.
Come parte di Blackstone, il più grande gestore di asset alternativi al mondo con oltre 1,1 trilioni di dollari in gestione, Blackstone Credit & Insurance opera come un investitore di credito leader in vari mercati, tra cui investimenti privati di grado d'investimento, investimenti pubblici di grado d'investimento, high yield, debito per infrastrutture e prestiti diretti.
Blackstone Credit & Insurance ha anunciado distribuciones mensuales para tres fondos cerrados cotizados: Blackstone Senior Floating Rate 2027 Term Fund (BSL), Blackstone Long-Short Credit Income Fund (BGX) y Blackstone Strategic Credit 2027 Term Fund (BGB).
Los fondos emplean una estrategia de distribución dinámica donde las distribuciones mensuales están estrechamente vinculadas al ingreso neto mensual promedio reciente de cada fondo, que varía típicamente de un trimestre a otro. Este enfoque proporciona a Blackstone Credit & Insurance una mayor flexibilidad para mantener la calidad crediticia de la cartera en diversas condiciones del mercado y reduce la necesidad de reservas de ingresos netos de inversión para apoyar distribuciones futuras.
Como parte de Blackstone, el mayor gestor de activos alternativos del mundo con más de 1,1 billones de dólares en activos bajo gestión, Blackstone Credit & Insurance opera como un inversor de crédito líder en varios mercados, incluyendo grado de inversión privado, grado de inversión público, alto rendimiento, deuda de infraestructura y préstamos directos.
블랙스톤 크레딧 및 보험은 세 개의 상장 폐쇄형 펀드에 대한 월간 배당금을 발표했습니다: 블랙스톤 시니어 플로팅 레이트 2027 기한 펀드 (BSL), 블랙스톤 롱-숏 크레딧 수익 펀드 (BGX), 그리고 블랙스톤 전략 크레딧 2027 기한 펀드 (BGB).
이 펀드는 최근 평균 월간 순수익에 밀접하게 연결된 동적 배당 전략을 사용하여, 일반적으로 분기마다 변동합니다. 이 접근 방식은 블랙스톤 크레딧 및 보험이 다양한 시장 상황에서 포트폴리오 신용 품질을 유지하는 데 더 큰 유연성을 제공하며, 향후 배당금을 지원하기 위한 순수익 준비금의 필요성을 줄입니다.
블랙스톤의 일환으로, 1.1조 달러 이상의 자산을 관리하는 세계 최대의 대체 자산 관리자로서 블랙스톤 크레딧 및 보험은 민간 투자 등급, 공공 투자 등급, 고수익, 인프라 채무 및 직접 대출 등 다양한 시장에서 선도적인 신용 투자자로 활동하고 있습니다.
Blackstone Credit & Insurance a annoncé des distributions mensuelles pour trois fonds fermés cotés : Blackstone Senior Floating Rate 2027 Term Fund (BSL), Blackstone Long-Short Credit Income Fund (BGX) et Blackstone Strategic Credit 2027 Term Fund (BGB).
Les fonds utilisent une stratégie de distribution dynamique où les distributions mensuelles sont étroitement liées au revenu net mensuel moyen récent de chaque fonds, variant généralement d'un trimestre à l'autre. Cette approche offre à Blackstone Credit & Insurance une plus grande flexibilité pour maintenir la qualité de crédit du portefeuille dans diverses conditions de marché et réduit la nécessité de réserves de revenus nets d'investissement pour soutenir les distributions futures.
En tant que partie de Blackstone, le plus grand gestionnaire d'actifs alternatifs au monde avec plus de 1,1 trillion de dollars d'actifs sous gestion, Blackstone Credit & Insurance opère en tant qu'investisseur de crédit de premier plan sur divers marchés, y compris le grade d'investissement privé, le grade d'investissement public, le haut rendement, la dette d'infrastructure et le prêt direct.
Blackstone Credit & Insurance hat monatliche Ausschüttungen für drei gelistete geschlossene Fonds angekündigt: Blackstone Senior Floating Rate 2027 Term Fund (BSL), Blackstone Long-Short Credit Income Fund (BGX) und Blackstone Strategic Credit 2027 Term Fund (BGB).
Die Fonds verwenden eine dynamische Ausschüttungsstrategie, bei der die monatlichen Ausschüttungen eng mit dem jüngsten durchschnittlichen monatlichen Nettoeinkommen jedes Fonds verbunden sind und typischerweise von Quartal zu Quartal variieren. Dieser Ansatz bietet Blackstone Credit & Insurance größere Flexibilität bei der Aufrechterhaltung der Kreditqualität des Portfolios unter verschiedenen Marktbedingungen und verringert die Notwendigkeit von Rücklagen für zukünftige Ausschüttungen.
Als Teil von Blackstone, dem größten alternativen Vermögensverwalter der Welt mit über 1,1 Billionen Dollar an verwaltetem Vermögen, agiert Blackstone Credit & Insurance als führender Kreditgeber in verschiedenen Märkten, einschließlich privater Investment-Grade, öffentlicher Investment-Grade, Hochzins, Infrastrukturverschuldung und Direktkrediten.
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The Funds' monthly distributions are set forth below. The following dates apply to the distribution declarations for the Funds:
Ticker | Fund | Monthly Distribution Per Share |
BSL | Senior Floating Rate 2027 Term Fund | |
BGX | Long-Short Credit Income Fund | |
BGB | Strategic Credit 2027 Term Fund |
Ex-Date: | March 24, 2025 | April 23, 2025 | May 22, 2025 |
Record Date: | March 24, 2025 | April 23, 2025 | May 22, 2025 |
Payable Date: | March 31, 2025 | April 30, 2025 | May 30, 2025 |
The Funds declare a set of monthly distributions each quarter in amounts closely tied to the respective Fund's recent average monthly net income. As a result, the monthly distribution amounts for the Funds typically vary quarter-to-quarter, and shareholders of any Fund should not expect that Fund to continue to pay distributions in the same amounts shown above. The dynamic distribution strategy provides Blackstone Credit & Insurance with greater flexibility to maintain portfolio credit quality in varying market conditions. In addition, the dynamic distribution strategy reduces the need to retain reserves from net investment income to support the stability of future distributions.
A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. The final determination of the source and tax characteristics of these distributions will depend upon each Fund's investment experience during its fiscal year and will be made after the Fund's year end. Each Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes.
Blackstone and Blackstone Credit & Insurance
Blackstone is the world's largest alternative asset manager. We seek to deliver compelling returns for institutional and individual investors by strengthening the companies in which we invest. Our more than
Blackstone Credit & Insurance ("BXCI") is one of the world's leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.
Investors wishing to buy or sell shares need to place orders through an intermediary or broker.
Contact the Funds at 1 (877) 299-1588 or visit the Funds' website at www.blackstone-credit.com for additional information.
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SOURCE Blackstone
FAQ
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