Company Blackstone Strategic Credit 2027 Term Fund

Equities

BGB

US09257R1014

Closed End Funds

Market Closed - Nyse 04:10:00 2024-04-24 pm EDT 5-day change 1st Jan Change
11.79 USD +0.43% Intraday chart for Blackstone Strategic Credit 2027 Term Fund +0.38% +4.15%

Business Summary

Blackstone Strategic Credit 2027 Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s 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.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
14 100.0 % 57 100.0 % +321.31%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
14 100.0 % 57 100.0 % +321.31%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 12-04-30
Director of Finance/CFO 48 22-02-28
Compliance Officer 54 12-04-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 80 12-04-30
Director/Board Member 71 12-04-30
Director/Board Member 71 12-04-30
Director/Board Member 64 21-10-31
Director/Board Member 76 12-04-30
Chief Executive Officer 61 12-04-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 44,664,382 44,659,156 ( 99.99 %) 0 99.99 %

Shareholders

NameEquities%Valuation
Coastal Bridge Advisors LLC
8.983 %
4,012,202 8.983 % 48 M $
Morgan Stanley Smith Barney LLC
5.088 %
2,272,330 5.088 % 27 M $
AJM Ventures LLC
3.734 %
1,667,931 3.734 % 20 M $
Sit Investment Associates, Inc.
3.109 %
1,388,670 3.109 % 17 M $
Advisor Partners II LLC
2.699 %
1,205,589 2.699 % 14 M $
Bank of America, NA (Charlotte, North Carolina)
2.517 %
1,124,425 2.517 % 13 M $
Wells Fargo Advisors Financial Network LLC
2.498 %
1,115,569 2.498 % 13 M $
Penserra Capital Management LLC
2.420 %
1,080,697 2.420 % 13 M $
City of London Investment Management Co. Ltd.
2.329 %
1,040,208 2.329 % 12 M $
RiverNorth Capital Management LLC
2.179 %
973,294 2.179 % 12 M $
NameEquities%Valuation
MetLife Investment Management LLC
100.00 %
45,000 100.00 % 535 500 $
NameEquities%Valuation
Voya Financial Advisors, Inc.
44.44 %
20,000 44.44 % 238 000 $

Company contact information

Blackstone Strategic Credit 2027 Term Fund Shs of Benef

345 Park Avenue 31st floor

10154, New York

+212 503 2100

http://www.blackstone.com/fund/bgb-blackstone-strategic-credit-fund/
address Blackstone Strategic Credit 2027 Term Fund(BGB)
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