Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Announces $0.07 Monthly Dividend

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) declared a monthly dividend on Friday, March 13th. Stockholders of record on Thursday, April 23rd will be given a dividend of 0.07 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Thursday, April 23rd.

Blackstone / GSO Long-Short Credit Income Fund Trading Up 0.1%

Shares of BGX stock opened at $11.10 on Tuesday. The firm’s 50-day simple moving average is $10.87 and its 200-day simple moving average is $11.42. Blackstone / GSO Long-Short Credit Income Fund has a 1-year low of $10.38 and a 1-year high of $12.65.

Hedge Funds Weigh In On Blackstone / GSO Long-Short Credit Income Fund

A number of large investors have recently bought and sold shares of BGX. Comerica Bank boosted its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 17.5% in the 3rd quarter. Comerica Bank now owns 6,930 shares of the company’s stock valued at $83,000 after purchasing an additional 1,031 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 9.3% during the 2nd quarter. Osaic Holdings Inc. now owns 15,885 shares of the company’s stock worth $197,000 after buying an additional 1,351 shares during the last quarter. Wolverine Asset Management LLC raised its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 2.3% in the 3rd quarter. Wolverine Asset Management LLC now owns 64,184 shares of the company’s stock worth $770,000 after buying an additional 1,413 shares during the period. Raymond James Financial Inc. raised its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 15.1% in the 2nd quarter. Raymond James Financial Inc. now owns 12,848 shares of the company’s stock worth $159,000 after buying an additional 1,684 shares during the period. Finally, UBS Group AG boosted its holdings in Blackstone / GSO Long-Short Credit Income Fund by 2.1% in the third quarter. UBS Group AG now owns 108,144 shares of the company’s stock valued at $1,298,000 after acquiring an additional 2,227 shares during the last quarter.

About Blackstone / GSO Long-Short Credit Income Fund

Blackstone/GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end management investment company that seeks to generate high current income and total return through a flexible, actively managed credit strategy. Listed on the New York Stock Exchange, the fund is externally managed by Blackstone Credit (formerly GSO Capital Partners), the credit investment platform of Blackstone Inc By combining long and short positions in corporate credit instruments, BGX aims to capitalize on inefficiencies across credit markets while managing downside risk.

The fund’s core investment activities encompass a diverse range of credit instruments, including senior secured loans, high-yield bonds, convertible securities and structured products.