Detail akcie Blackstone / GSO Strategic Credit Fund, Equity Closed Fund, New York Stock Exchange online

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 the 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.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Blackstone Strategic Credit 2027 Trm Fnd revenues increased 5% to $87.1M. Net income decreased 31% to $55.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Investment securities decrease of 95% to $3M (income), Printing expense increase of 10% to $77K (expense).