Blackstone/GSO Strategic Credit Fund Declares Monthly Distribution Payable on March 31, 2017, April 28, 2017 and May 31, 2017
February 23, 2017 at 09:00 am EST
Share
Blackstone/GSO Strategic Credit Fund declared monthly distributions of $0.105 per share. The dividends will be payable on March 31, 2017, April 28, 2017 and May 31, 2017 with the record date of March 24, 2017, April 21, 2017 and May 23, 2017. Ex-dates are March 22, 2017, April 19, 2017 and May 19, 2017, respectively.
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.
BLACKSTONE STRATEGIC CREDIT 2027 TERM FUND 
