Equities

Blackstone Strategic Credit 2027 Term Fund

BGB:NYQ

Blackstone Strategic Credit 2027 Term Fund

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FinancialsClosed End Investments
  • Price (USD)11.90
  • Today's Change0.01 / 0.08%
  • Shares traded73.24k
  • 1 Year change+13.55%
  • Beta0.5873
Data delayed at least 15 minutes, as of Mar 28 2024 20:10 BST.
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About the company

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 predominantly 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.

  • Revenue in USD (TTM)75.33m
  • Net income in USD38.53m
  • Incorporated2012
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Gladstone Investment Corporation128.58m67.38m507.85m74.007.101.09--3.951.991.993.8013.010.1522--24.141,737,500.007.987.768.368.0348.5657.7252.4052.81--18.830.473471.136.099.11-65.26-10.15--3.74
Invesco Trst fr Invstmt Grd Nw Yrk Mncpl-100.00bn-100.00bn508.34m--------------------------------------------------------------
Invesco Quality Municipal Income Trust41.17m-651.22k510.33m0.00--0.9081--12.40-0.0123-0.01230.778510.630.0443--3.36---0.07010.4582-0.07220.460757.7667.84-1.5811.44--0.97330.3409607.97-1.46-5.17-1,830.45-----5.40
Clearbridge Energy MidstreamOprtntyFdInc11.94m64.95m510.98m--7.871.03--42.795.085.080.933838.750.0173--17.23--9.38-1.239.40-1.23-62.75-96.09543.95-98.84----0.3044--50.9325.10-55.63-----18.02
BlackRock MuniYield Fund Inc36.90m-5.56m513.70m----0.9068--13.92-0.1187-0.11870.79517.550.0405--2.85---0.61---0.6195--59.49---15.07----0.7950.019--------------
Thornburg Income Builder Opportunts Trst28.11m104.60m517.80m--4.950.9503--18.423.263.260.876216.980.0544--36.52--20.25--20.37--74.93--372.13------0.00--0.0323--192.83------
BlackRock Debt Strategies Fund Inc-100.00bn-100.00bn519.24m--------------------------------------------------------------
Columbia Seligman Prmm Tchnlgy Grwth Fnd-100.00bn-100.00bn522.48m--------------------------------------------------------------
BlackRock Municipal Income Trust II41.38m-2.94m524.93m0.00--0.8942--12.69-0.0604-0.06040.852812.090.0417--30.14---0.2965-0.5466-0.3016-0.55352.9067.24-7.12-14.20--0.880.3658--7.349.8496.90-----11.10
Western Asset Infltn-Lnkd Opts & Ime Fnd-100.00bn-100.00bn526.80m--------------------------------------------------------------
Acacia Research Corp125.10m55.14m527.45m170.0031.270.92826.974.220.16880.16881.335.690.22411.622.82735,894.1012.358.2214.2210.3383.6780.0155.1063.9619.67--0.0175--111.24-0.9935141.45--183.16--
Invesco Municipal Trust43.87m-90.42m528.45m----0.8975--12.04-1.63-1.630.792910.640.0408--2.76---8.410.4941-8.510.496762.9068.33-206.1012.40--0.2320.3868555.45-0.4846-4.78-3,278.49-----7.37
Nuveen Dow 30SM Dynamic Overwrite Fund12.85m-27.30m530.23m----0.9007--41.26-0.7508-0.75080.353416.190.0203--85.26---4.303.28-4.383.3358.6060.40-212.43151.54--0.20980.00180.475.85-3.30-129.73----1.57
Blackstone Strategic Credit 2027 Trm Fnd75.33m38.53m531.06m--13.780.96--7.050.86270.86271.6912.390.0821--4.71--4.200.62534.400.674565.3869.3451.159.52--4.790.3561716.226.22-4.88-239.43-----7.70
Invesco Trust for Investment GradeMncpls44.36m-57.89k533.64m----0.9039--12.03-0.0011-0.00110.817910.890.0437--2.14---0.00570.3669-0.00580.36954.1066.95-0.13059.29--0.99760.3687739.240.5034-5.09-3,560.09-----8.01
First Trust High Yld Oprtnts 2027 Trm Fd50.00m42.73m534.68m--12.510.9325--10.691.161.161.3615.590.0691--2.50--5.90--5.97--63.51--85.46------0.1929---14.46--73.08------
Data as of Mar 28 2024. Currency figures normalised to Blackstone Strategic Credit 2027 Term Fund's reporting currency: US Dollar USD

Institutional shareholders

32.35%Per cent of shares held by top holders
HolderShares% Held
Coastal Bridge Advisors LLCas of 31 Dec 20234.01m8.98%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 20232.27m5.09%
Sit Investment Associates, Inc.as of 31 Dec 20231.39m3.11%
Advisor Partners II LLCas of 31 Dec 20231.20m2.69%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 31 Dec 20231.11m2.49%
Penserra Capital Management LLCas of 31 Dec 20231.08m2.42%
City of London Investment Management Co. Ltd.as of 31 Dec 20231.04m2.33%
RiverNorth Capital Management LLCas of 31 Dec 2023973.29k2.18%
Integrated Wealth Concepts LLCas of 31 Dec 2023690.94k1.55%
Wells Fargo Clearing Services LLCas of 31 Dec 2023677.32k1.52%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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