Blackstone Senior Floating Rate 2027 Term FundBSL
Market Cap: 183M
About: Blackstone Senior Floating Rate Term Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. It also invests in second-lien loans and high yield bonds and employs financial leverage, which may increase the risk to the Fund.
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
6.07% less ownership
Funds ownership: 41.08% [Q4 2023] → 35.02% (-6.07%) [Q1 2024]
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
12% less capital invested
Capital invested by funds: $74.3M [Q4 2023] → $65.3M (-$9.02M) [Q1 2024]
21% less funds holding
Funds holding: 58 [Q4 2023] → 46 (-12) [Q1 2024]
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
Research analyst outlook
We haven’t received any recent analyst ratings for BSL.