Blackstone Strategic Credit 2027 Term Fund: Business Overview, Financials & Competitive Analysis
Blackstone Strategic Credit 2027 Term Fund (BGB) is a closed-end term fund that trades on the New York Stock Exchange under the symbol "BGB". The Fund seeks to provide a high level of current income with capital prese...
Cyborg Score thesis
Institutional-grade credit vehicle with clear income focus, managed by Blackstone's GSO division, but with defined-term...
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Get Current Report FreeBlackstone Strategic Credit 2027 Term Fund Overview
Pro stress-test →Blackstone Strategic Credit 2027 Term Fund (BGB) is a closed-end term fund that trades on the New York Stock Exchange under the symbol "BGB". The Fund seeks to provide a high level of current income with capital preservation through investing in a portfolio of loans and other fixed income instruments. The Fund has a limited term and will dissolve on or about September 15, 2027, absent shareholder approval to extend such term.
Strategic Profile
Pro stress-test →The fund primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities. BGB is launched and managed by GSO / Blackstone Debt Funds Management LLC, positioning it within Blackstone's broader credit strategy. The fixed-term structure creates a defined maturity timeline that differentiates it from perpetual closed-end funds.
Competitive Landscape
Pro stress-test →BGB competes in the closed-end credit fund space against other leveraged loan and high-yield focused vehicles managed by major asset managers. Key competitors include funds managed by Invesco, Nuveen, and other credit-focused managers offering similar yield profiles and portfolio construction approaches.
Industry Context
Blackstone Strategic Credit 2027 Term Fund operates in Asset Management.
Key facts
Founded: 2012 · Headquarters: New York, US