BSL

Blackstone Senior Floating Rate 2027 Term Fund

BSL

Market cap $184M

Overview Fund Activity

14.11 USD

-0.01

0.07%

At close Updated Sep 16, 4:00 PM EDT

1 day

-0.07%

5 days

-0.77%

1 month

-1.12%

3 months

-0.63%

6 months

-0.28%

Year to date

-2.01%

1 year

-0.49%

5 years

1.73%

10 years

-13.96%

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.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

4% less capital invested

Capital invested by funds: $50.8M [Q1] → $48.7M (-$2.08M) [Q2]

1.44% less ownership

Funds ownership: 27.62% [Q1] → 26.19% (-1.44%) [Q2]

9% less funds holding

Funds holding: 43 [Q1] → 39 (-4) [Q2]

31% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 16

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

See Fund Rankings

Financial journalist opinion

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

NEW YORK--(BUSINESS WIRE)--Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., “Blackstone Credit & Insurance”), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027.

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

BSL: Its Real Yield Looks Sustainable And Its Z-Score Is Defensible

The Blackstone Senior Floating Rate 2027 Term Fund's trailing yield is about 300 - 350 basis points higher than the U.S. 10-year. BSL CEF is approaching its maturity date, providing hold-to-maturity participants an opportunity to capture yields and avoid probabilistic default risks. The Phillips Curve suggests Fed targets will likely remain steady for the time being. However, the market rates environment could price lower against the backdrop of a weak demand-side.

BSL: Its Real Yield Looks Sustainable And Its Z-Score Is Defensible

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

NEW YORK--(BUSINESS WIRE)--Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., “Blackstone Credit & Insurance”), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027.

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

CEF Weekly Review: Fixed Distribution Policies Can Get Unfixed

We review the CEF market valuation and performance through the third week of March and highlight recent market action. Nearly all CEF sectors were up, with MLPs rebounding and loan funds lagging; month-to-date, most sectors remain down due to lower equity prices and wider credit spreads. Invesco credit CEFs VLT and VVR cancelled their fixed managed distribution policies with VVR price falling hard on the news.

CEF Weekly Review: Fixed Distribution Policies Can Get Unfixed

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

NEW YORK , March 14, 2025 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds"). The Funds' monthly distributions are set forth below.

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

BSL: A Discounted CEF Aligned With Higher-For-Longer Interest Rates

The Blackstone Senior Floating Rate 2027 Term Fund provides a compelling investment opportunity to those who think a higher-for-longer interest rate environment will emerge. The fund is set to dissolve in May 2027, which we deem a prudent exit date. Its low duration equates to low price volatility, under normal market conditions.

BSL: A Discounted CEF Aligned With Higher-For-Longer Interest Rates

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

NEW YORK , Dec. 13, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds"). The Funds' monthly distributions are set forth below.

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

Blackstone Credit & Insurance Closed-End Funds Announce Trustee, Officer, and Portfolio Management Team Changes

NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit, asset-based finance, and insurance asset management business unit of Blackstone Inc., "Blackstone Credit & Insurance" or "BXCI"), announced certain changes in Trustee and Officer positions, as well as the Portfolio Management team, for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds"). Effective November 15, 2024, Robert Zable resigned from his positions as Trustee and Chairman of the Boards of Trustees (the "Board") and as President and Chief Executive Officer of the Funds, and effective November 15, 2024, the Board appointed Daniel Leiter to these positions.

Blackstone Credit & Insurance Closed-End Funds Announce Trustee, Officer, and Portfolio Management Team Changes

BSL: 9% Yielding Monthly Payer

BSL is a closed-end fund that yields 9.6%. It has delivered a 32% total return, including distributions, over the past ~22 months. BSL's holdings, dividend coverage, performance, and valuations are covered in this article.

BSL: 9% Yielding Monthly Payer

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

NEW YORK , Sept. 13, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) (each a "Fund" and together the "Funds").

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

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