Blackstone Senior Floating Rate 2027 Term Fund (BSL)
Blackstone Senior Floating Rate 2027 Term Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $13.09, up 0.08% on the session, giving a market capitalisation of $170.4M. On trailing twelve-month figures it carries a trailing P/E of 22.96, a net margin of 36.0%. Its beta of 0.36 implies it has historically moved less than the broad market.
Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in senior secured, floating rate loans that are issued by corporations, partnerships, and other business entities. It seeks to invest in securities that are rated below investment grade. The fund invests in securities across the maturity spectrum, while maintaining an average duration of less than one year. It employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Blackstone Senior Floating Rate 2027 Term Fund was formed on March 4, 2010 and is domiciled in the United States.
Blackstone Senior Floating Rate 2027 Term Fund is most often compared with the following Financial Services names: