Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL – Get Free Report) declared a monthly dividend on Friday, June 12th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.088 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Friday, July 24th.
Blackstone Senior Floating Rate 2027 Term Fund Stock Up 0.4%
Shares of NYSE:BSL opened at $13.10 on Wednesday. The firm’s 50 day simple moving average is $13.02 and its 200-day simple moving average is $13.10. Blackstone Senior Floating Rate 2027 Term Fund has a one year low of $12.45 and a one year high of $14.35.
Blackstone Senior Floating Rate 2027 Term Fund Company Profile
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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