Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Plans Monthly Dividend of $0.09

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) declared a monthly dividend on Friday, December 12th. Shareholders of record on Friday, February 20th will be given a dividend of 0.092 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 9.8%. The ex-dividend date is Friday, February 20th.

Blackstone / GSO Long-Short Credit Income Fund Trading Up 0.1%

NYSE BGX traded up $0.02 on Wednesday, reaching $11.27. The company had a trading volume of 16,071 shares, compared to its average volume of 81,343. Blackstone / GSO Long-Short Credit Income Fund has a 52 week low of $10.71 and a 52 week high of $12.95. The stock’s 50 day moving average is $11.60 and its 200-day moving average is $11.91.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Royal Bank of Canada grew its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 4.6% in the 1st quarter. Royal Bank of Canada now owns 92,158 shares of the company’s stock worth $1,139,000 after buying an additional 4,090 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 32.9% during the second quarter. Envestnet Asset Management Inc. now owns 38,968 shares of the company’s stock valued at $484,000 after buying an additional 9,640 shares during the last quarter. Wolverine Asset Management LLC increased its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 676.4% during the second quarter. Wolverine Asset Management LLC now owns 62,771 shares of the company’s stock valued at $779,000 after acquiring an additional 54,686 shares in the last quarter. Shaker Financial Services LLC grew its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 2.6% during the 2nd quarter. Shaker Financial Services LLC now owns 79,194 shares of the company’s stock valued at $983,000 after acquiring an additional 2,020 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Blackstone / GSO Long-Short Credit Income Fund by 8.3% in the 2nd quarter. Cetera Investment Advisers now owns 33,568 shares of the company’s stock worth $417,000 after purchasing an additional 2,566 shares during the period.

About Blackstone / GSO Long-Short Credit Income Fund

Blackstone/GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end management investment company that seeks to generate high current income and total return through a flexible, actively managed credit strategy. Listed on the New York Stock Exchange, the fund is externally managed by Blackstone Credit (formerly GSO Capital Partners), the credit investment platform of Blackstone Inc By combining long and short positions in corporate credit instruments, BGX aims to capitalize on inefficiencies across credit markets while managing downside risk.

The fund’s core investment activities encompass a diverse range of credit instruments, including senior secured loans, high-yield bonds, convertible securities and structured products.