Blackstone Senior Floating Rate 2027 Term Fund Announces Dividend
Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), a closed-end fund specializing in senior secured floating-rate loans, has declared a monthly dividend of $0.084 per share. The announcement came on March 13, 2026.
Key Dividend Details
- Declaration Date: March 13, 2026
- Ex-Dividend Date: March 24, 2026
- Record Date: March 24, 2026
- Payment Date: March 31, 2026
- Amount: $0.084 per share
This distribution reflects the fund’s focus on generating income from floating-rate investments, which benefit from current interest rate conditions. BSL, set to terminate in 2027, continues to offer investors high monthly yields.
Fund Performance Overview
Trading at approximately $12.81 per share, the fund provides an annualized yield of around 7.9% based on the forward dividend. Analysis indicates stable payouts aligned with its portfolio of corporate loans and senior debt.
Investors should note that closed-end funds like BSL trade at market prices that may differ from net asset value. Distributions primarily consist of ordinary income from loan interest.
