Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Plans Monthly Dividend of $0.08

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Tuesday, June 17th, Wall Street Journal reports. Stockholders of record on Friday, August 22nd will be paid a dividend of 0.084 per share on Friday, August 29th. This represents a $1.01 dividend on an annualized basis and a dividend yield of 8.24%. The ex-dividend date of this dividend is Friday, August 22nd.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

BGX opened at $12.24 on Thursday. The firm has a 50 day moving average price of $12.08 and a 200-day moving average price of $12.43. Blackstone / GSO Long-Short Credit Income Fund has a twelve month low of $10.71 and a twelve month high of $13.24.

Institutional Trading of Blackstone / GSO Long-Short Credit Income Fund

A hedge fund recently raised its stake in Blackstone / GSO Long-Short Credit Income Fund stock. Royal Bank of Canada grew its stake in shares of Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) by 4.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,158 shares of the company’s stock after buying an additional 4,090 shares during the period. Royal Bank of Canada’s holdings in Blackstone / GSO Long-Short Credit Income Fund were worth $1,139,000 at the end of the most recent reporting period.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.