Blackstone Strategic Credit 2027 Term Fund
Blackstone Strategic Credit 2027 Term Fund is a closed-end fixed income fund managed by Blackstone that focuses on U.S. corporate credit markets. The fund primarily invests in senior secured loans, including first- and second-lien loans, along with high-yield corporate bonds and other credit instruments with varying maturities. Its portfolio is built using a research-driven credit analysis process and is designed to generate high current income while maintaining a secondary emphasis on capital preservation. The fund is structured as a term fund, meaning it has a defined life and is scheduled to wind down on or about September 15, 2027 unless shareholders approve an extension. Blackstone Strategic Credit 2027 Term Fund serves investors seeking diversified exposure to leveraged loans and high-yield debt within the U.S. corporate lending and bond markets.
$11.05
-$0.02 (-0.18%)
EOD Oct 16, 2026
Revenue declined 41.9% YoY. The question is whether this is cyclical or a structural shift.
Net debt of $292M represents 6.2x FCF, leverage limits flexibility.
16.4x earnings, 10.4x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$36M
▼ -41.9% YoY
Net Income (TTM)
$30M
▼ -46.1% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
$47M
▲ +19.8% YoY
Op. Cash Flow (TTM)
$47M
▲ +19.8% YoY
Net Debt
$292M
Cash & Equiv.
$294K
3Y CAGR: -29.9%
Continue Research
Is Blackstone Strategic Credit 2027 Term Fund (BGB) overvalued?
At a P/E of 16.4 and a price-to-free-cash-flow of 10.4, Blackstone Strategic Credit 2027 Term Fund (BGB) trades around a two-stage DCF intrinsic value of about $11.83 per share, so at $11.05 the stock looks around fair value (7.0% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Blackstone Strategic Credit 2027 Term Fund scores 29/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 9.1%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Blackstone Strategic Credit 2027 Term Fund's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $11.83 per share for BGB, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $8.87. At today's $11.05, that puts the stock about 7.0% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Blackstone Strategic Credit 2027 Term Fund a high-quality business?+
Blackstone Strategic Credit 2027 Term Fund scores 29 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Blackstone Strategic Credit 2027 Term Fund (BGB) pay a dividend, and how much?+
Yes, Blackstone Strategic Credit 2027 Term Fund pays a regular dividend of about $1.01 per share per year (typically in quarterly installments), a yield of roughly 9.1% at the current price. That is a payout ratio of about 150.1% of earnings, so the dividend is stretched at this level. Blackstone Strategic Credit 2027 Term Fund has grown the dividend at roughly 4.3% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For BGB's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Blackstone Strategic Credit 2027 Term Fund a good stock to buy right now?+
That depends on valuation and quality together, not either alone. BGB currently trades around its estimated intrinsic value and scores 29/100 on quality (lower-quality). It also yields about 9.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.