Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Free Report) announced a monthly dividend on Monday, June 16th, Wall Street Journal reports. Stockholders of record on Friday, August 22nd will be given a dividend of 0.084 per share on Friday, August 29th. This represents a $1.01 dividend on an annualized basis and a dividend yield of 8.25%. The ex-dividend date is Friday, August 22nd.
Blackstone / GSO Long-Short Credit Income Fund Price Performance
Shares of NYSE BGX traded down $0.05 during midday trading on Monday, hitting $12.22. 37,819 shares of the company traded hands, compared to its average volume of 67,478. Blackstone / GSO Long-Short Credit Income Fund has a 12-month low of $10.71 and a 12-month high of $13.24. The stock has a 50-day moving average price of $12.05 and a 200 day moving average price of $12.44.
Hedge Funds Weigh In On Blackstone / GSO Long-Short Credit Income Fund
An institutional investor recently raised its position in Blackstone / GSO Long-Short Credit Income Fund stock. Royal Bank of Canada increased its holdings in Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Free Report) by 4.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,158 shares of the company’s stock after purchasing an additional 4,090 shares during the period. Royal Bank of Canada’s holdings in Blackstone / GSO Long-Short Credit Income Fund were worth $1,139,000 as of its most recent SEC filing.
Blackstone / GSO Long-Short Credit Income Fund Company Profile
Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.
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