The Technical Analyst
Blackstone/GSO Long-Short [BGX]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Blackstone/GSO Long-Short Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.63% 12.71
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 161.52 mill |
| EPS: | 0.960 |
| P/E: | 13.24 |
| Earnings Date: | Apr 18, 2024 |
| SharesOutstanding: | 12.71 mill |
| Avg Daily Volume: | 0.0536 mill |
| RATING 2024-05-08 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Neutral | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/21 | 4/21 | 2/22 | 4/22 | 2/23 | 4/23 | |
| Revenue | n/a | n/a | n/a | |||
| Gr.Profit | n/a | n/a | n/a | |||
| Ebit | n/a | n/a | n/a | |||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 1.34x |
| Company: PE 13.24 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.66x |
| Company: PE 13.24 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
-5.08 (-139.98%) -17.79 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
12.61 - 12.81 ( +/- 0.79%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-06-22 | Mckemie Gordon | Sell | 333 | Common Shares of Beneficial Interest |
| 2023-03-15 | Mckemie Gordon | Buy | 333 | Common Shares of Beneficial Ownership |
| 2022-09-09 | Renahan William J | Buy | 0 | |
| 2022-03-11 | Roppa Gregory | Sell | 0 | Common Shares of Beneficial Ownership |
| 2021-11-29 | Siebels Jane | Sell | 0 | Common Shares of Beneficial Ownership |
| INSIDER POWER |
|---|
| -13.03 |
| Last 28 transactions |
| Buy: 17 862 | Sell: 1 548 |
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - 12.70
Forecast 2: 16:00 - 12.70
Forecast 3: 16:00 - 12.70
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | 12.71 (0.63% ) |
| Volume | 0.113 mill |
| Avg. Vol. | 0.0536 mill |
| % of Avg. Vol | 211.67 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For BGX
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
BGX
Blackstone / GSO 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. It was formerly known as Blackstone / GSO Dynamic Credit Income Fund. Blackstone / GSO Long-Short Credit Income Fund was formed on October 22, 2010 and is domiciled in the United States.
Latest Press Releases
2024-03-11 16:45:00 - Press Release
Blackstone Credit & Insurance Closed-end Funds Declare Monthly Distributions
New york , march 11, 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.
2023-12-11 16:30:00 - Press Release
Blackstone Credit Closed-end Funds Declare Monthly Distributions
New york , dec. 11, 2023 /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"), 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.
2023-09-12 16:30:00 - Press Release
Blackstone Credit Closed-end Funds Declare Monthly Distributions
New york , sept. 12, 2023 /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"), 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").
2021-09-10 16:15:00 - Press Release
Blackstone Credit Closed-end Funds Declare Monthly Distributions
New york, sept. 10, 2021 /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 the blackstone group, inc., "blackstone credit"), announced monthly distributions for the three listed closed-end funds it advises, blackstone senior floating rate term fund (nyse: bsl), blackstone long-short credit income fund (nyse: bgx), and blackstone strategic credit fund (nyse: bgb) (each a "fund" and together the "funds").
2020-09-18 00:00:00 - Press Release
Blackstone Announces Formation Of Cleargen And $250 Million Capital Commitment
Blackstone (nyse: bx), through funds managed by gso capital partners lp (“gso”), announced today the formation of a new portfolio company, cleargen ll
Latest News
2024-03-17 02:45:17 - Seeking Alpha
BGX: Making All The Right Moves In Today's Market Environment
The Blackstone Long-Short Credit Income Fund offers a high level of income with a 10.26% yield, comparable to other alternative credit funds. The fund has performed well, with a 6.97% appreciation in shares since the previous article was published. The fund's leverage is reasonable at 31.23% of its overall portfolio, and its distribution varies but is generally attractive.
2023-12-01 17:25:11 - Seeking Alpha
BGX: Very Solid Income CEF Unless Interest Rates Rapidly Decline
Blackstone Long-Short Credit Income offers an attractive 11.83% yield, in line with other alternative debt closed-end funds. The BGX closed-end fund aims to be interest-rate neutral, reducing negative impacts from interest rate increases. The fund has performed well over the past three years, outperforming the Bloomberg U.S. Aggregate Bond Index.
2023-09-23 07:00:00 - Seeking Alpha
CEF Weekly Review: When Distribution Cuts Are Good News
We review CEF market valuation and performance through the third week of September and highlight recent market action. Most sectors saw NAV gains, but discounts widened, particularly in the Covered Call and Equity sectors. Invesco trimmed distributions on many CEFs including IHIT, potentially indicating a termination of this CMBS 2023 term fund.
2023-09-22 09:15:00 - Seeking Alpha
BGX: 11% Yield On Rising Rates, 11% Discount
Blackstone Long-Short Credit Income Fund is a closed-end fund that offers exposure to higher rates through senior loan investments. BGX has a diversified portfolio with a focus on secured loans and floating rate loans. The fund has an 11% yield and has been increasing its monthly distributions over the past year.
2023-06-28 17:29:29 - Seeking Alpha
Senior Loans On Sale For 80%; 'Double Discounts' On Closed-End Funds Like AFT And BGX
Fidgety credit markets have knocked down prices on healthy performing senior corporate loans, as well as many other credit asset classes. Wrap those loans in a closed-end fund, and then discount the CEF's market price, and you get a second discount. Like shopping with "double coupons" at your local grocery store.
2023-06-15 20:44:23 - Seeking Alpha
The Quality Closed-End Fund Report, May 2023
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are HFRO, HNW and BGX.
2023-02-25 02:23:53 - Seeking Alpha
BGX: Long/Short Loan Fund That Is Actually Just Long
Blackstone Long-Short Credit Income Fund is a fixed income closed end fund. The vehicle is overweight floating rate loans, and has a high leverage ratio of 40%.
2022-12-11 06:28:23 - Seeking Alpha
'High-High-Low' Closed-End Fund Report, November 2022
Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.
2022-12-04 09:09:51 - Seeking Alpha
BGX: Unsustainable Distribution Rate
The BGX fund is a long-short closed-end-fund that invests in high yield loans and bonds to generate income and capital gains. The fund's long-term distribution rate has far outstripped its modest returns, leading to shrinking NAV and distributions over time.
2022-09-05 09:17:25 - Seeking Alpha
The 'High-High-Low' Closed-End Fund Report, August 2022
Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.