Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL – Get Free Report) declared a monthly dividend on Friday, March 13th. Investors of record on Tuesday, March 24th will be paid a dividend of 0.084 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Tuesday, March 24th.
Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.1%
BSL stock opened at $12.86 on Friday. Blackstone Senior Floating Rate 2027 Term Fund has a 12-month low of $12.45 and a 12-month high of $14.35. The business’s 50-day moving average is $13.18 and its 200 day moving average is $13.60.
About Blackstone Senior Floating Rate 2027 Term Fund
Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL) is a closed-end management investment company that seeks to provide investors with current income by primarily investing in senior floating-rate loans. Managed by Blackstone Credit, the fund focuses on lending solutions to corporate borrowers, offering exposure to debt instruments designed to adjust with prevailing interest rates. BSL’s structure is designed to mature in 2027, at which point the fund will seek to liquidate its portfolio and distribute proceeds to shareholders.
The fund’s investment strategy centers on senior secured loans and other floating-rate debt issued by U.S.
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