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

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Friday, June 12th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.082 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Friday, July 24th.

Blackstone / GSO Long-Short Credit Income Fund Trading Up 0.4%

NYSE BGX opened at $10.79 on Wednesday. Blackstone / GSO Long-Short Credit Income Fund has a 1 year low of $10.38 and a 1 year high of $12.65. The firm’s 50 day simple moving average is $10.85 and its 200 day simple moving average is $11.01.

Hedge Funds Weigh In On Blackstone / GSO Long-Short Credit Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. Sit Investment Associates Inc. increased its holdings in Blackstone / GSO Long-Short Credit Income Fund by 9.5% in the 4th quarter. Sit Investment Associates Inc. now owns 616,205 shares of the company’s stock worth $7,185,000 after purchasing an additional 53,374 shares in the last quarter. Invesco Ltd. boosted its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 8.2% during the 2nd quarter. Invesco Ltd. now owns 294,313 shares of the company’s stock valued at $3,652,000 after purchasing an additional 22,240 shares in the last quarter. Pathstone Holdings LLC grew its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 7.2% during the 3rd quarter. Pathstone Holdings LLC now owns 240,673 shares of the company’s stock worth $2,888,000 after buying an additional 16,267 shares during the period. Thomas J. Herzfeld Advisors Inc. grew its holdings in Blackstone / GSO Long-Short Credit Income Fund by 46.4% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 233,050 shares of the company’s stock worth $2,717,000 after purchasing an additional 73,889 shares during the period. Finally, Bank of America Corp DE increased its position in Blackstone / GSO Long-Short Credit Income Fund by 49.4% in the 1st quarter. Bank of America Corp DE now owns 215,252 shares of the company’s stock valued at $2,346,000 after buying an additional 71,148 shares in the last quarter.

About Blackstone / GSO Long-Short Credit Income Fund

Blackstone/GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end management investment company that seeks to generate high current income and total return through a flexible, actively managed credit strategy. Listed on the New York Stock Exchange, the fund is externally managed by Blackstone Credit (formerly GSO Capital Partners), the credit investment platform of Blackstone Inc By combining long and short positions in corporate credit instruments, BGX aims to capitalize on inefficiencies across credit markets while managing downside risk.

The fund’s core investment activities encompass a diverse range of credit instruments, including senior secured loans, high-yield bonds, convertible securities and structured products.