Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Shares Will Pay Monthly Dividend of $0.08

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) declared a monthly dividend on Friday, September 11th. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.08 per share on Friday, October 30th. This represents a $0.96 annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Friday, October 23rd.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

BGX stock traded up $0.05 during trading on Wednesday, reaching $10.43. The company had a trading volume of 30,944 shares, compared to its average volume of 75,794. The business has a 50 day moving average of $10.65 and a 200 day moving average of $10.78. Blackstone / GSO Long-Short Credit Income Fund has a 52 week low of $10.36 and a 52 week high of $11.98.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

Blackstone / GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end investment fund that seeks to generate current income and total returns by investing in a diversified portfolio of credit-related assets. Unlike an operating company, the fund does not sell products or services to consumers; it provides investors with access to professionally managed credit investments.

The fund uses a flexible long-short investment strategy and may invest in leveraged loans, high-yield corporate bonds, structured credit instruments and other debt securities.