Blackstone / GSO Long-Short Credit Income Fund Declares Monthly Distributions, Payable on June 28, 2019, July 31, 2019 and August 30, 2019 Respectively
June 11, 2019 at 06:45 am EDT
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Blackstone /GSO Long-Short Credit Income Fund declared monthly distribution of $0.122 per share, payable on June 28, 2019, July 31, 2019 and August 30, 2019 respectively with record date as June 21, 2019, July 24, 2019 and August 23, 2019 respectively and ex-date as June 20, 2019, July 23, 2019 and August 22, 2019 respectively.
Blackstone Long-Short Credit Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. The Fund will take long positions in investments which it believes offer the potential for attractive returns under various economic and interest rate environments. BGX may also take short positions in investments which it believes will underperform due to a greater sensitivity to earnings growth of the issuer, default risk or the general level and direction of interest rates. It must hold no less than 70% of its Managed Assets in first and second lien secured loans (Secured Loans) but may also invest in unsecured loans and high-yield bonds. The Fund invests in various sectors, which include aerospace and defense, auto components, beverages, building products, and others. Blackstone Liquid Credit Strategies LLC serves as an investment advisor for the Fund.
Blackstone / GSO Long-Short Credit Income Fund Declares Monthly Distributions, Payable on June 28, 2019, July 31, 2019 and August 30, 2019 Respectively