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Blackstone Liquid Credit Strategies Announces Monthly Fund Distributions

Blackstone Liquid Credit Strategies LLC has recently revealed the monthly distributions for three of its essential closed-end funds—each catering to various investment strategies that appeal to a wide range of investors. Blackstone, known as the largest alternative asset manager globally, emphasizes delivering strong returns for both institutional and individual investors through its tailored investment approaches.

Overview of the Funds

The funds in question include:
1. Blackstone Senior Floating Rate 2027 Term Fund (NYSE BSL):
- Monthly Distribution: $0.097
2. Blackstone Long-Short Credit Income Fund (NYSE BGX):
- Monthly Distribution: $0.086
3. Blackstone Strategic Credit 2027 Term Fund (NYSE BGB):
- Monthly Distribution: $0.089

Important Dates to Remember

For shareholders of these funds, there are crucial dates to note regarding the distributions:

• - Ex-Dates:

- BSL: March 24, 2025
- BGX: April 23, 2025
- BGB: May 22, 2025

• - Record Dates:

- For all funds: Corresponding to Ex-Dates

• - Payable Dates:

- BSL: March 31, 2025
- BGX: April 30, 2025
- BGB: May 30, 2025

These distributions are tied closely to the average monthly net income generated by each fund, and thus, shareholders should remain aware that these amounts might fluctuate from one quarter to the next. This strategy not only helps maintain the quality of the portfolio but also reduces the necessity of retaining reserves from investment income for future distributions.

Distribution Characteristics

It is noteworthy that a portion of the monthly distribution may arise from sources aside from net investment income. This could include short-term capital gains, long-term capital gains, or even a return of capital. The specific sources and tax implications of these distributions will be determined by each fund's performance during its fiscal year, with the relevant details provided on Form 1099-DIV that each fund sends out post-year-end.

A Closer Look at Blackstone

As an integral part of Blackstone Credit & Insurance, Blackstone Liquid Credit Strategies aims to position itself as a leader in the credit investment landscape. With an extensive portfolio that covers various credit market sectors—from private investment grades to collateralized loan obligations—Blackstone aims to generate attractive and risk-adjusted returns for its investors.

Furthermore, Blackstone Credit & Insurance offers comprehensive investment management services tailored for insurers, thereby enhancing capital allocation efficiency and enabling these entities to meet policyholder obligations effectively.

For any investors interested in the shares of the funds mentioned, it's advised to consult with a qualified intermediary or broker. For further information regarding these monthly distributions or general inquiries, investors can contact the funds at 1 (877) 299-1588 or visit their official website at www.blackstone-credit.com.

Conclusion

Blackstone Liquid Credit Strategies continues to adapt its distribution policies to market conditions, ensuring that it remains a formidable player in investment management. Investors and stakeholders are encouraged to keep a close watch on market developments and fund performance, as these will influence future distributions and overall investment strategies.