Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL – Get Free Report) announced a monthly dividend on Friday, March 13th. Investors of record on Thursday, April 23rd will be given a dividend of 0.084 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Thursday, April 23rd.
Blackstone Senior Floating Rate 2027 Term Fund Stock Down 0.2%
Blackstone Senior Floating Rate 2027 Term Fund stock traded down $0.03 during mid-day trading on Tuesday, hitting $13.29. 2,261 shares of the company’s stock traded hands, compared to its average volume of 51,982. Blackstone Senior Floating Rate 2027 Term Fund has a one year low of $12.45 and a one year high of $14.35. The firm has a 50 day moving average price of $12.93 and a 200 day moving average price of $13.41.
Blackstone Senior Floating Rate 2027 Term Fund Company Profile
Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL) is a closed-end management investment company that seeks to provide investors with current income by primarily investing in senior floating-rate loans. Managed by Blackstone Credit, the fund focuses on lending solutions to corporate borrowers, offering exposure to debt instruments designed to adjust with prevailing interest rates. BSL’s structure is designed to mature in 2027, at which point the fund will seek to liquidate its portfolio and distribute proceeds to shareholders.
The fund’s investment strategy centers on senior secured loans and other floating-rate debt issued by U.S.
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