# Blackstone Long-Short Credit Income Fund (BGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bgx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Thematic · Inception: 2011-01-25 Blackstone 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. It primarily invests in loans and fixed-income instruments of corporate issuers, including first and second lien secured loans and high-yield corporate debt securities of varying maturities. The fund seeks to invest in securi... ## Key Facts | Metric | Value | |---|---| | Price | $10.38 | | Expense Ratio | 4.65% | | Assets Under Management | $131.9M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 9.37% | | Annual Distribution (TTM) | $0.97 /share | | Distribution Frequency | Monthly | | 52-Week Range | $10.33 – $11.98 | | Beta | 0.42 | ## Latest Distribution - Amount: $0.0800 /share - Ex-date: 2026-11-20 - Pay date: 2026-11-30 ## Frequently Asked Questions ### What does BGX invest in? Blackstone 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. It primarily invests in loans and fixed-income instruments of corporate issuers, including first and second lien secured loans and high-yield corporate debt securities of varying maturities. The fund seeks to invest in securities rated below investment grade. It employs fundamental analysis using a research-driven credit approach to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of 70% S&P/LSTA Leveraged Loan Index and 30% Barclays US High Yield Index. Blackstone Long-Short Credit Income Fund was formed on October 22, 2010 and is domiciled in the United States. ### What is the expense ratio of BGX? Blackstone Long-Short Credit Income Fund (BGX) charges an expense ratio of 4.65%. This is the annual fee deducted from fund assets to cover management and operations. ### What is BGX's dividend yield? BGX's trailing-twelve-month yield is 9.37%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BGX? Effective duration measures BGX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BGX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BGX? BGX'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 BGX? Yield to maturity (YTM) is the total return you'd earn from BGX if every bond in the portfolio is held to maturity at the current price. BGX'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 BGX pay a dividend? Yes, Blackstone Long-Short Credit Income Fund (BGX) distributes dividends to shareholders. The trailing-twelve-month yield is 9.37%. Full dividend history is on this page. ### How often does BGX pay dividends? Blackstone Long-Short Credit Income 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 BGX's next ex-dividend date? The most recently announced ex-dividend date for BGX 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. ### How much will BGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 4.65% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BGX'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. ### Why does BGX cost more than a fund like VOO? BGX's strategy (current expense ratio 4.65%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where BGX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to BGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BGX (4.65%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bgx - Distribution history: https://www.dividenddata.com/funds/bgx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bgx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bgx/expenses - Peer comparison: https://www.dividenddata.com/funds/bgx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.