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BGB / BGB: Floating Rate Exposure On This Deeply Discounted Term Fund

The Blackstone Strategic Credit 2027 Term Fund has benefited from higher interest rates through distribution increases due to its portfolio of senior secured loans. BGB has a deep discount and is a term fund, offering potential alpha relative to other senior loan funds that aren't term structured. The fund's discount should be realized as it liquidates near the end of 2027, making it an attractive investment option. Read More

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BGB

Floating

Rate

Exposure

This

Deeply

Discounted

Term

Fund

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Posted: Jun 23 2023, 12:13

Author Name: Seeking Alpha

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