- ISIN
- US09257R1014
- CUSIP
- 09257R101
- Issuer
- Blackstone
- Inception Date
- Sep 26, 2012
- Category
- High Yield Bonds
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
BGB Performance Chart
Blackstone GSO Strategic Credit Closed Fund (BGB) is down 1.1% since the beginning of the year. BGB is currently trading at $11 per share. Investors who bought $1,000 worth of BGB shares 5 years ago would now be looking at an investment worth $1,255.
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Returns By Period
Blackstone GSO Strategic Credit Closed Fund (BGB) has returned -1.05% so far this year and 2.58% over the past 12 months. Over the last ten years, BGB has returned 6.55% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Blackstone GSO Strategic Credit Closed Fund
- 1D
- 0.27%
- 1M
- 0.00%
- YTD
- -1.05%
- 6M
- -0.34%
- 1Y
- 2.58%
- 3Y*
- 11.71%
- 5Y*
- 4.64%
- 10Y*
- 6.55%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BGB Monthly Returns History
Based on dividend-adjusted daily data since Sep 26, 2012, BGB's average daily return is +0.02%, while the average monthly return is +0.41%. At this rate, an investment would double in approximately 14.1 years.
Historically, 58% of months were positive and 42% were negative. The best month was Mar 2016 with a return of +10.4%, while the worst month was Mar 2020 at -22.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.
On a daily basis, BGB closed higher 51% of trading days. The best single day was Mar 25, 2020 with a return of +12.9%, while the worst single day was Mar 18, 2020 at -26.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.00% | -3.26% | -0.82% | 1.88% | 1.50% | -0.26% | -1.05% | ||||||
| 2025 | 1.96% | -0.41% | -1.30% | -1.72% | 2.21% | 2.18% | 3.13% | 2.26% | -2.80% | -2.06% | 0.75% | 0.71% | 4.80% |
| 2024 | 3.00% | 1.59% | 2.07% | -0.22% | 1.46% | 1.11% | 2.21% | 1.83% | 2.00% | 0.19% | 2.89% | -0.80% | 18.69% |
| 2023 | 6.01% | 0.49% | -3.26% | 1.57% | -1.80% | 5.53% | 2.80% | 0.04% | 0.36% | -2.25% | 3.77% | 5.21% | 19.50% |
| 2022 | -0.37% | -1.14% | -0.78% | -4.34% | -4.14% | -5.09% | 5.55% | 1.85% | -9.82% | -0.30% | 5.51% | -3.23% | -16.06% |
| 2021 | 4.09% | 1.87% | 1.84% | 1.96% | 1.49% | 2.59% | -1.13% | 1.69% | 0.45% | 1.24% | -1.28% | -0.26% | 15.41% |
Benchmark Metrics
Blackstone GSO Strategic Credit Closed Fund has an annualized alpha of -0.05%, beta of 0.40, and R2 of 0.21 versus S&P 500 Index. Calculated based on daily prices since September 26, 2012.
- This fund participated in 57.19% of S&P 500 Index downside but only 39.52% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.40 may look defensive, but with R2 of 0.21 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.21 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -0.05%
- Beta
- 0.40
- R²
- 0.21
- Upside Capture
- 39.52%
- Downside Capture
- 57.19%
Expense Ratio
BGB has a high expense ratio of 2.36%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
BGB ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Blackstone GSO Strategic Credit Closed Fund (BGB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 2.78 | -2.50 |
| Martin ratioReturn relative to average drawdown | 0.58 | 12.44 | -11.86 |
Dividends
Dividend History
Blackstone GSO Strategic Credit Closed Fund provided a 8.54% dividend yield over the last twelve months, with an annual payout of $0.97 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.97 | $1.01 | $1.13 | $1.21 | $0.78 | $0.89 | $1.10 | $1.34 | $1.51 | $1.16 | $1.34 | $1.26 |
Dividend yield | 8.54% | 8.58% | 9.26% | 10.69% | 7.35% | 6.63% | 8.77% | 9.30% | 11.18% | 7.35% | 8.76% | 9.42% |
Monthly Dividends
The table displays the monthly dividend distributions for Blackstone GSO Strategic Credit Closed Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.00 | $0.31 | ||||||
| 2025 | $0.00 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.08 | $0.08 | $0.15 | $1.01 |
| 2024 | $0.00 | $0.09 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $0.10 | $0.09 | $0.09 | $0.09 | $0.18 | $1.13 |
| 2023 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $0.10 | $0.19 | $1.21 |
| 2022 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.09 | $0.78 |
| 2021 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.18 | $0.89 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Blackstone GSO Strategic Credit Closed Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Blackstone GSO Strategic Credit Closed Fund was 44.87%, occurring on Mar 18, 2020. Recovery took 280 trading sessions.
The current Blackstone GSO Strategic Credit Closed Fund drawdown is 4.41%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -44.87%Mar 2020 | 26d | 1y 1mo | 1y 2moFeb 2020 - Apr 2021 |
2016 bear market2016 | -24.91%Feb 2016 | 2y 9mo | 9mo 24d | 3y 6moMay 2013 - Dec 2016 |
Bear market2022 | -21.23%Oct 2022 | 11mo 24d | 1y 3mo | 2y 3moOct 2021 - Jan 2024 |
Rate-hike selloffLate 2018 | -16.38%Dec 2018 | 2mo 20d | 6mo 12d | 9mo 2dOct 2018 - Jul 2019 |
2025 selloff2025 | -12.77%Apr 2025 | 1mo 24d | 2mo 25d | 4mo 19dFeb 2025 - Jul 2025 |
Drawdown Indicators
| BGB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.87% | -56.78% | +11.91% |
Max Drawdown (1Y)Largest decline over 1 year | -9.06% | -9.10% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -12.77% | -18.90% | +6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -21.23% | -25.43% | +4.20% |
Max Drawdown (10Y)Largest decline over 10 years | -44.87% | -33.92% | -10.95% |
Current DrawdownCurrent decline from peak | -4.41% | -1.80% | -2.61% |
Average DrawdownAverage peak-to-trough decline | -5.97% | -10.71% | +4.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.45% | 2.03% | +2.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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