We began covering the Blackstone Senior Floating Rate Term Fund (BSL) in early January 2023 in an effort to find a high-yield investment vehicle which would benefit from ongoing higher interest rates.
The Blackstone Senior Floating Rate 2027 Term Fund's trailing yield is about 300 - 350 basis points higher than the U.S. 10-year. BSL CEF is approaching its maturity date, providing hold-to-maturity ...