Blackstone/GSO Strategic Credit Fund Declares Monthly Distributions, Payable on September 30, 2020, October 30, 2020 and November 30, 2020
September 10, 2020 at 04:15 pm EDT
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GSO /Blackstone Debt Funds Management LLC, announced monthly distributions for Blackstone/GSO Strategic Credit Fund of $0.080 per share. Ex-dates are September 22, 2020, October 22, 2020 and November 19, 2020. Record Date are September 23, 2020, October 23, 2020 and November 20, 2020. Payable Dates are September 30, 2020, October 30, 2020 and November 30, 2020.
Blackstone Strategic Credit 2027 Term Fund (the Fund) is a diversified, closed-end management investment company. The Fundâs primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. The Fund will seek to achieve its investment objectives by investing primarily in a diversified portfolio of loans and other fixed income instruments of predominantly United States corporate issuers, including first- and second lien secured loans (Senior Secured Loans) and high yield corporate bonds of varying maturities. Under normal market conditions, at least 80% of its Managed Assets will be invested in credit investments comprised of corporate fixed income instruments and other investments (including derivatives) with similar economic characteristics. The Fund's adviser is Blackstone Liquid Credit Strategies LLC.