Blackstone/GSO Long-Short Credit Income (BGX) : Mariner Investment Group reduced its stake in Blackstone/GSO Long-Short Credit Income by 21.06% during the most recent quarter end. The investment management company now holds a total of 354,512 shares of Blackstone/GSO Long-Short Credit Income which is valued at $5,299,954 after selling 94,557 shares in Blackstone/GSO Long-Short Credit Income , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Blackstone/GSO Long-Short Credit Income makes up approximately 1.72% of Mariner Investment Group’s portfolio.
Other Hedge Funds, Including , Investors Capital Advisory Services reduced its stake in BGX by selling 500 shares or 4.57% in the most recent quarter. The Hedge Fund company now holds 10,445 shares of BGX which is valued at $156,153. Blackstone/GSO Long-Short Credit Income makes up approx 0.03% of Investors Capital Advisory Services’s portfolio.Shaker Financial Services reduced its stake in BGX by selling 35,163 shares or 42.33% in the most recent quarter. The Hedge Fund company now holds 47,904 shares of BGX which is valued at $716,165. Blackstone/GSO Long-Short Credit Income makes up approx 0.48% of Shaker Financial Services’s portfolio.Capital Investment Advisors boosted its stake in BGX in the latest quarter, The investment management firm added 4,250 additional shares and now holds a total of 24,950 shares of Blackstone/GSO Long-Short Credit Income which is valued at $372,005. Blackstone/GSO Long-Short Credit Income makes up approx 0.03% of Capital Investment Advisors’s portfolio.
Blackstone/GSO Long-Short Credit Income Fund (BGX) is a diversified closed-end management investment Fund. The Fund’s investment objective is to provide current income with a secondary objective of capital appreciation. The Fund takes long positions in investments which offer the potential for attractive returns under various economic and interest rate environments. The Fund employs a long-short strategy investing in first-and second-lien secured loans high yield bonds and to a lesser extent other fixed income instruments. Under normal market conditions at least 70% of BGX’s managed assets will be invested in Secured Loans but it may also invest in unsecured loans and high yield bonds. BGX may use financial leverage and derivatives in employing its long strategy for up to a total of 150% of net assets. GSO/Blackstone Debt Funds Management LLC is the investment adviser for BGX.