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Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions
Business Wire (Fri, 11-Sep 4:15 PM ET)
Blackstone / GSO Senior Floating Rate Term Fund (“BSL” or herein, the “Fund”) is a closed-end fund that trades on the New York Stock Exchange under the symbol “BSL”. BSL’s primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. Under normal market conditions, the fund invests at least 80% of its total assets in senior, secured floating rate loans (“Senior Loans”). BSL may also invest in second-lien loans and high yield bonds and employs financial leverage, which may increase risk to the fund.
Blackstone/Gso Senior Floating trades on the NYSE stock market under the symbol BSL.
As of October 5, 2026, BSL stock price declined to $12.92 with 28,930 million shares trading.
BSL has a beta of 0.32, meaning it tends to be less sensitive to market movements. BSL has a correlation of 0.31 to the broad based SPY ETF.
BSL has a market cap of $168.22 million. This is considered a Micro Cap stock.
In the last 3 years, BSL traded as high as $14.84 and as low as $12.45.
BSL has underperformed the market in the last year with a price return of -0.1% while the SPY ETF gained +16.9%. BSL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.5% and -0.3%, respectively, while the SPY returned +4.3% and +1.7%, respectively.
BSL support price is $12.94 and resistance is $13.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BSL shares will trade within this expected range on the day.