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

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Monday, March 17th, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be given a dividend of 0.086 per share on Friday, May 30th. This represents a $1.03 annualized dividend and a yield of 8.30%. The ex-dividend date of this dividend is Thursday, May 22nd.

Blackstone / GSO Long-Short Credit Income Fund Trading Down 0.6 %

Shares of NYSE BGX traded down $0.07 during midday trading on Monday, reaching $12.43. The company had a trading volume of 60,414 shares, compared to its average volume of 63,184. Blackstone / GSO Long-Short Credit Income Fund has a one year low of $12.09 and a one year high of $13.24. The firm’s fifty day moving average price is $12.71 and its 200-day moving average price is $12.79.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

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.