Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Plans $0.07 Monthly Dividend

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) declared a monthly dividend on Friday, March 13th. Shareholders of record on Thursday, April 23rd will be given a dividend of 0.07 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Thursday, April 23rd.

Blackstone / GSO Long-Short Credit Income Fund Stock Performance

Shares of BGX opened at $11.10 on Tuesday. Blackstone / GSO Long-Short Credit Income Fund has a 12-month low of $10.38 and a 12-month high of $12.65. The company has a 50-day moving average of $10.87 and a two-hundred day moving average of $11.42.

Institutional Investors Weigh In On Blackstone / GSO Long-Short Credit Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of BGX. Noble Wealth Management PBC acquired a new stake in Blackstone / GSO Long-Short Credit Income Fund during the 4th quarter valued at $72,000. Comerica Bank boosted its stake in shares of Blackstone / GSO Long-Short Credit Income Fund by 17.5% during the third quarter. Comerica Bank now owns 6,930 shares of the company’s stock valued at $83,000 after acquiring an additional 1,031 shares during the last quarter. First Trust Advisors LP purchased a new stake in Blackstone / GSO Long-Short Credit Income Fund during the 3rd quarter worth about $124,000. XTX Topco Ltd purchased a new stake in Blackstone / GSO Long-Short Credit Income Fund during the 4th quarter worth about $137,000. Finally, Marex Group plc acquired a new position in Blackstone / GSO Long-Short Credit Income Fund in the 4th quarter valued at about $143,000.

About Blackstone / GSO Long-Short Credit Income Fund

Blackstone/GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end management investment company that seeks to generate high current income and total return through a flexible, actively managed credit strategy. Listed on the New York Stock Exchange, the fund is externally managed by Blackstone Credit (formerly GSO Capital Partners), the credit investment platform of Blackstone Inc By combining long and short positions in corporate credit instruments, BGX aims to capitalize on inefficiencies across credit markets while managing downside risk.

The fund’s core investment activities encompass a diverse range of credit instruments, including senior secured loans, high-yield bonds, convertible securities and structured products.