(BGX) Blackstone GSO Long Short - Ratings and Ratios

Ticker Symbol: BGX | Exchange: NYSE | Type: Fund | Country Origin: USA | Fund Style: Bank Loan

The Blackstone GSO Long Short Credit Income Closed Fund (BGX) is a closed-end investment fund primarily focused on bank loan investments. It employs a long-short strategy to capitalize on credit market opportunities while mitigating risks. The fund invests in senior secured loans, which are typically floating-rate instruments, providing a degree of protection against rising interest rates. As part of Blackstone, one of the worlds largest alternative investment managers, BGX leverages significant resources and expertise in credit markets.

Technical indicators suggest a stable trading range. The SMA 20 and SMA 50 are at 12.40 and 12.54, respectively, indicating a sideways trend. The SMA 200 at 12.26 reflects longer-term support near current levels. Average volume of 77,312 shares over 20 days points to moderate liquidity. The ATR of 0.14 highlights low volatility, suggesting price stability.

With assets under management (AUM) of $169.91 million, BGX operates with a modest size, allowing for nimble investment decisions. Its closed-end structure enables management to focus on absolute returns rather than Koran flows. The funds track record reflects Blackstone GSOs expertise in navigating complex credit markets.

3-Month Forecast: Based on technical and fundamental data, BGX is expected to trade in a narrow range near its current price of 12.40. Support is anticipated at 12.26 (SMA 200), with resistance near 12.54 (SMA 50). The funds low volatility (ATR: 0.14) suggests minimal price fluctuations. Fundamentally, the AUM of $169.91 million indicates a stable investor base. The funds focus on bank loans, which are less sensitive to interest rate changes, positions it well in a rising rate environment. The long-short strategy may also help mitigate downside risks, supporting a neutral to slightly positive outlook over the next quarter.