BSL:NYE-Blackstone GSO Senior Floating Rate Term Fund of Beneficial Interest (USD)

ETF | Steel | New York Stock Exchange

Last Closing

USD 14.11

Change

-0.02 (-0.14)%

Market Cap

USD 0.27B

Volume

0.07M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Under normal market conditions, at least 80% of the Funds Managed Assets will be invested in Senior Loans. This policy is not fundamental and may be changed by the board of trustees of the Fund with at least 60 days written notice to shareholders. Borrowers take out Senior Loans to refinance existing debt and for acquisitions, dividends, leveraged buyouts, and general corporate purposes. The Fund may invest up to 20% of its Managed Assets in loan interests that are not secured by any collateral of the Borrower, loan interests that have a lower than first lien priority on collateral of the Borrower, other income producing securities (including, without limitation, U.S. government debt securities and investment and non-investment grade, subordinated and unsubordinated corporate debt securities), warrants and equity securities issued by a Borrower or its affiliates as part of a package of investments in the Borrower or its affiliates and structured products. The Adviser expects to maintain an average duration of less than one year (including the effect of anticipated leverage). During temporary defensive periods or in order to keep the Funds cash fully invested, including during the period when the net proceeds of the offering of common shares are being invested, the Fund may deviate from its investment policies and objectives. During such periods, the Fund may invest all or a portion of assets in U.S. government securities, including bills, notes and bonds differing as to maturity and rates of interest that are either issued or guaranteed by the Treasury or by U.S. government agencies or instrumentalities; non-U.S. government securities which have received the highest investment grade credit rating, certificates of deposit issued against funds deposited in a bank or a savings and loan association; commercial paper; bankers acceptances; bank time deposits; shares of money market funds; credit linked notes; repurchase agreements with respect to any of the foregoing; or any other fixed income securities that the Adviser considers consistent with this strategy. It is impossible to predict when, or for how long, the Fund will use these alternative strategies.

Inception Date: 26/05/2010

Primary Benchmark: NA

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 2.48%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for Steel

Symbol Name Mer Price(Change) Market Cap
NUE Nucor Corp 0.00 %

+4.57 (+2.69%)

USD 48.23B
PKX POSCO Holdings Inc 0.00 %

+0.26 (+0.35%)

USD 22.78B
MT ArcelorMittal SA ADR 0.00 %

+0.11 (+0.43%)

USD 21.06B
RS Reliance Steel & Aluminum Co 0.00 %

+2.70 (+0.92%)

USD 16.82B
CLF Cleveland-Cliffs Inc 0.73 %

+0.21 (+1.22%)

USD 10.58B
X United States Steel Corporatio.. 0.00 %

-0.13 (-0.34%)

USD 8.55B
TX Ternium SA ADR 0.00 %

+1.30 (+3.23%)

USD 8.30B
JFR Nuveen Floating Rate Income Cl.. 0.00 %

N/A

USD 8.16B
GGB Gerdau SA ADR 0.00 %

-0.06 (-1.59%)

USD 7.98B
CMC Commercial Metals Company 0.00 %

+1.33 (+2.37%)

USD 6.51B

ETFs Containing BSL

MVW:AU VanEck Vectors Australian.. 1.42 % 0.00 %

-0.19 (-0.52%)

USD 2.27B
SCIX 0.00 % 0.38 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Steel) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.69% 82% B 71% C-
Dividend Return 2.56% 82% B 86% B+
Total Return 8.25% 82% B 76% C+
Trailing 12 Months  
Capital Gain 12.16% 63% D 65% D
Dividend Return 10.83% 100% F 95% A
Total Return 22.99% 88% B+ 75% C
Trailing 5 Years  
Capital Gain -14.79% 29% F 31% F
Dividend Return 34.40% 79% B- 89% A-
Total Return 19.60% 29% F 49% F
Average Annual (5 Year Horizon)  
Capital Gain -2.72% 6% D- 28% F
Dividend Return 4.72% 6% D- 49% F
Total Return 7.44% 81% B- 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 18.36% 94% A 60% D-
Risk Adjusted Return 25.69% 19% F 48% F
Market Capitalization 0.27B 71% C- 83% B

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.