(BGX) Blackstone GSO Long Short - Ratings and Ratios

Blackstone GSO Long-Short Credit Income Closed Fund (NYSE: BGX) is a U.S.–based closed-end fund that focuses on the bank-loan segment of the credit market. It employs a long-short strategy, allowing the manager to take both overweight and underweight positions in leveraged loans to capture relative value opportunities.

Key quantitative touchpoints (as of the latest public filing) include an assets-under-management (AUM) level of roughly $2.5 billion, an average portfolio weighted-average spread of about 300 basis points over LIBOR, and a net asset value (NAV) that has historically tracked within ±5 % of its market price despite the fund’s leverage of roughly 1.5× equity. The fund’s performance is closely tied to macro drivers such as the Federal Reserve’s policy stance-higher rates tend to compress loan spreads-and corporate default rates, which have remained below 2 % in the current cycle.

Sector-level dynamics also matter: the fund’s exposure leans heavily toward middle-market industrial and consumer-services borrowers, segments that have shown resilient cash-flow generation but are sensitive to supply-chain disruptions and consumer-spending trends. Monitoring the quarterly loan-loss-reserve ratios and the pace of new issuance in the leveraged-loan market can provide early signals of stress or upside for BGX.

For a deeper, data-driven analysis of BGX’s risk-adjusted returns and underlying holdings, the ValueRay platform offers a granular view that can help you validate these observations.