Blackstone Credit & Insurance Closes End Funds Declare Monthly Distributions
ByAinvest
Friday, Sep 12, 2025 4:18 pm ET1min read
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The distributions are set to be paid on September 30, October 31, and November 28, 2025. These monthly distributions are closely tied to the respective fund's recent average monthly net income, allowing for flexibility in varying market conditions. This dynamic distribution strategy also reduces the need for the funds to retain reserves from net investment income to support future distributions [1].
Investors should note that the distribution amounts may vary quarter-to-quarter, and the funds will provide a Form 1099-DIV to define how to report these distributions for federal income tax purposes. A portion of each distribution may be treated as paid from sources other than net investment income, including short-term capital gain, long-term capital gain, or return of capital [1].
Blackstone, the world's largest alternative asset manager, seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which it invests. Blackstone's $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries, and hedge funds [1].
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Blackstone Credit & Insurance's closed-end funds, including Blackstone Senior Floating Rate 2027 Term Fund, Blackstone Long-Short Credit Income Fund, and Blackstone Strategic Credit 2027 Term Fund, have declared monthly distributions of $0.087, $0.081, and $0.078 per share, respectively. The distributions are set to be paid on September 30, October 31, and November 28, 2025. The dynamic distribution strategy allows for flexibility in varying market conditions and reduces the need to retain reserves from net investment income.
Blackstone Credit & Insurance, a leading credit investor, has announced monthly distributions for three of its closed-end funds. The funds, 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), have declared distributions of $0.087, $0.081, and $0.078 per share, respectively [1].The distributions are set to be paid on September 30, October 31, and November 28, 2025. These monthly distributions are closely tied to the respective fund's recent average monthly net income, allowing for flexibility in varying market conditions. This dynamic distribution strategy also reduces the need for the funds to retain reserves from net investment income to support future distributions [1].
Investors should note that the distribution amounts may vary quarter-to-quarter, and the funds will provide a Form 1099-DIV to define how to report these distributions for federal income tax purposes. A portion of each distribution may be treated as paid from sources other than net investment income, including short-term capital gain, long-term capital gain, or return of capital [1].
Blackstone, the world's largest alternative asset manager, seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which it invests. Blackstone's $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries, and hedge funds [1].

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