# Blackstone Strategic Credit Fund (BGB): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bgb for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Actively Managed · Inception: 2012-09-26 Blackstone Strategic Credit 2027 Term Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities. The fund employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like compani... ## Key Facts | Metric | Value | |---|---| | Price | $11.08 | | Expense Ratio | — | | Market Value | $494.7M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 8.33% | | Annual Distribution (TTM) | $0.92 /share | | Distribution Frequency | Monthly | | 52-Week Range | $10.85 – $12.01 | | Beta | 0.41 | ## Latest Distribution - Amount: $0.0740 /share - Ex-date: 2026-10-23 - Pay date: 2026-10-30 ## Next Distribution (Declared) - Amount: $0.0740 /share - Ex-date: 2026-11-20 - Pay date: 2026-11-30 ## Frequently Asked Questions ### What does BGB invest in? Blackstone Strategic Credit 2027 Term Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities. The fund employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. It benchmarks the performance of its portfolio against a composite index comprised of 75% S&P/LSTA Leveraged Loan Index and 25% Barclays US High Yield Index. Blackstone Strategic Credit 2027 Term Fund was formed on September 26, 2012 and is domiciled in United States. ### What is the expense ratio of BGB? An expense ratio for Blackstone Strategic Credit Fund (BGB) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee. ### What is BGB's dividend yield? BGB's trailing-twelve-month yield is 8.33%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BGB? Effective duration measures BGB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BGB's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BGB? BGB's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of BGB? Yield to maturity (YTM) is the total return you'd earn from BGB if every bond in the portfolio is held to maturity at the current price. BGB's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does BGB pay a dividend? Yes, Blackstone Strategic Credit Fund (BGB) distributes dividends to shareholders. The trailing-twelve-month yield is 8.33%. Full dividend history is on this page. ### How often does BGB pay dividends? Blackstone Strategic Credit Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is BGB's next ex-dividend date? The most recently announced ex-dividend date for BGB was 2026-11-20. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### Why is BGB's expense ratio not shown? Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check twice a month) report an expense ratio for Blackstone Strategic Credit Fund (BGB). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number. ### How does BGB charge its expense ratio? The expense ratio is deducted in tiny daily slices from BGB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bgb - Distribution history: https://www.dividenddata.com/funds/bgb/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bgb/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bgb/expenses - Peer comparison: https://www.dividenddata.com/funds/bgb/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.