Long-Short Credit Income Fund Announces Declaration of Monthly Distributions, Payable on June 29, 2018, July 31, 2018, August 31, 2018 and September 28, 2018, Respectively
May 08, 2018 at 09:47 pm
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GSO/Blackstone Debt Funds Management LLC announced the declaration of monthly distributions for Long-Short Credit Income Fund of $0.103 per share, payable on June 29, 2018, July 31, 2018, August 31, 2018 and September 28, 2018, respectively with a record dates of June 22, 2018, July 24, 2018, August 24, 2018 and September 21, 2018, respectively and ex-dates of June 21, 2018, July 23, 2018, August 23, 2018 and September 20, 2018, respectively.
Blackstone Long-Short Credit Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. The Fund will take long positions in investments which it believes offer the potential for attractive returns under various economic and interest rate environments. BGX may also take short positions in investments which it believes will underperform due to a greater sensitivity to earnings growth of the issuer, default risk or the general level and direction of interest rates. It must hold no less than 70% of its Managed Assets in first and second lien secured loans (Secured Loans) but may also invest in unsecured loans and high-yield bonds. The Fund invests in various sectors, which include aerospace and defense, auto components, beverages, building products, and others. Blackstone Liquid Credit Strategies LLC serves as an investment advisor for the Fund.
Long-Short Credit Income Fund Announces Declaration of Monthly Distributions, Payable on June 29, 2018, July 31, 2018, August 31, 2018 and September 28, 2018, Respectively