Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL – Get Rating)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.74 and traded as high as $12.74. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $12.66, with a volume of 24,586 shares traded.

Blackstone Senior Floating Rate 2027 Term Fund Trading Down 0.3 %

The company's 50-day simple moving average is $12.88 and its two-hundred day simple moving average is $12.74.

Blackstone Senior Floating Rate 2027 Term Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Tuesday, May 23rd will be paid a $0.108 dividend. The ex-dividend date of this dividend is Monday, May 22nd. This represents a $1.30 dividend on an annualized basis and a dividend yield of 10.24%.

Institutional Investors Weigh In On Blackstone Senior Floating Rate 2027 Term Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSL. Guggenheim Capital LLC raised its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 20.0% during the third quarter. Guggenheim Capital LLC now owns 412,022 shares of the company's stock valued at $5,175,000 after acquiring an additional 68,696 shares in the last quarter. 1607 Capital Partners LLC purchased a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the 3rd quarter worth about $855,000. Wolverine Asset Management LLC acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the 3rd quarter valued at $442,000. Relative Value Partners Group LLC purchased a new stake in Blackstone Senior Floating Rate 2027 Term Fund during the 3rd quarter worth approximately $300,000. Finally, Advisors Asset Management Inc. grew its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 11.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 136,665 shares of the company's stock valued at $1,717,000 after buying an additional 14,369 shares in the last quarter.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

(Get Rating)

Blackstone Senior Floating Rate Term Fund operates as a closed-end investment fund. Its objective is to seek high current income and preservation of capital. The firm primarily invests in senior secured and floating rate loans. The company was founded on May 26, 2010 and is headquartered in New York, NY.

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