Blackstone/GSO FLoating Rate High Income Fund (BGF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Blackstone/GSO FLoating Rate High Income Fund (BGF) trades at $15.16 with AI Score 41/100 (Grade C). Blackstone/GSO Floating Rate High Income Fund (BGF) is a closed-end fund focused on generating current income. Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for BGF: BGF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BGF against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
BGF: 1/3 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Blackstone/GSO FLoating Rate High Income Fund (BGF) Financial Services Profile
Blackstone/GSO Floating Rate High Income Fund is a closed-end investment vehicle specializing in floating rate senior secured loans and fixed-income instruments. With a focus on current income generation, BGF operates within the asset management sector, offering investors exposure to a portfolio of debt-based assets and exhibiting a beta of 0.96.
What Is the Investment Thesis for BGF?
Blackstone/GSO Floating Rate High Income Fund presents a focused investment strategy targeting current income through floating rate senior secured loans. With a beta of 0.96, the fund exhibits market correlation. The fund's performance is closely tied to the credit market conditions and interest rate environment. A key consideration is the fund's ability to navigate credit risk and maintain a stable net asset value. The absence of a dividend yield may deter some income-seeking investors, while others may find the focus on capital preservation appealing. The fund's profit margin of 4.6% and gross margin of 23.1% reflect its operational efficiency in managing its investment portfolio. Investors should carefully evaluate the fund's expense ratio and its historical performance relative to its peers.
Based on FMP financials and quantitative analysis
BGF Key Highlights
The fund operates as a closed-end fund, providing a fixed capital base for investment in floating rate loans.
- The fund's primary objective is to generate current income for investors.
- Investments are focused on floating rate senior secured loans, offering potential protection against rising interest rates.
- The fund is managed by Blackstone, a global investment firm with expertise in credit markets.
- The fund's beta of 0.96 indicates a market correlation.
Who Are BGF's Competitors?
BGF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| KKR KKR & Co. Inc. | $107.02 | -3.11% | $96.1B | 41 |
| APO Apollo Global Management, Inc. | $133.63 | +0.26% | $77.0B | 59 |
| BX Blackstone Inc. | $141.41 | -2.54% | $171B | 81 |
| ABALX American Funds American Balanced Fund Class A | $41.00 | +0.37% | $292B | 72 |
| AMFCX American Funds American Mutual Fund | $63.80 | -0.72% | $77.4B | 71 |
| RNNEX American Funds The New Economy Fund Class R-2E | $80.46 | -0.29% | $52.9B | 91 |
| AMP Ameriprise Financial, Inc. | $554.06 | -1.02% | $49.8B | 70 |
| IDDTF AB Industrivärden (publ) | $54.65 | -0.36% | $23.6B | 70 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BGF's Key Strengths?
Experienced management team with expertise in credit markets.
- Access to Blackstone's global network and resources.
- Focus on senior secured loans provides downside protection.
- Closed-end fund structure offers a stable capital base.
What Are BGF's Weaknesses?
Reliance on the performance of the leveraged loan market.
- Sensitivity to changes in interest rates.
- Potential for credit losses on loan investments.
- Absence of dividend yield may deter some investors.
What Could Drive BGF Stock Higher?
Interest rate fluctuations impacting the attractiveness of floating rate loans.
- Changes in credit spreads affecting the fund's investment returns.
- Economic growth or recession influencing borrower creditworthiness.
What Are the Key Risks for BGF?
Credit risk associated with investments in leveraged loans.
- Interest rate risk impacting the value of fixed-income investments.
- Market volatility affecting the fund's net asset value.
- Regulatory changes impacting the asset management industry.
What Are the Growth Opportunities for BGF?
- Expansion into new credit markets: Blackstone/GSO Floating Rate High Income Fund could explore opportunities to invest in new geographies or sectors within the leveraged loan market. This could involve expanding its investment universe to include loans in emerging markets or focusing on specific industries with attractive growth prospects. The timeline for this expansion would depend on market conditions and the availability of suitable investment opportunities. The potential market size for new credit markets is estimated to be in the billions of dollars, offering significant growth potential for the fund.
- Increased focus on ESG investing: Blackstone/GSO Floating Rate High Income Fund could incorporate environmental, social, and governance (ESG) factors into its investment process. This could involve screening potential investments based on ESG criteria and engaging with borrowers to improve their ESG performance. The growing demand for ESG investments could attract new investors to the fund and enhance its reputation. The timeline for implementing an ESG strategy would depend on the fund's resources and the availability of ESG data. The market for ESG investments is rapidly growing, with trillions of dollars in assets under management.
- Development of new investment products: Blackstone/GSO Floating Rate High Income Fund could develop new investment products that cater to specific investor needs. This could involve creating a fund that focuses on a particular sector of the leveraged loan market or a fund that offers a different risk-return profile. The development of new investment products could attract new investors to the fund and diversify its revenue streams. The timeline for developing new investment products would depend on market demand and regulatory approvals. The market for specialized investment products is constantly evolving, offering opportunities for innovation.
- Strategic partnerships with other financial institutions: Blackstone/GSO Floating Rate High Income Fund could form strategic partnerships with other financial institutions to expand its distribution network and access new investors. This could involve partnering with banks, brokerage firms, or wealth management companies to offer the fund to their clients. Strategic partnerships could significantly increase the fund's assets under management and its market reach. The timeline for forming strategic partnerships would depend on the availability of suitable partners and the negotiation of partnership agreements. The potential market size for strategic partnerships is vast, as it could provide access to millions of potential investors.
- Enhanced use of technology and data analytics: Blackstone/GSO Floating Rate High Income Fund could leverage technology and data analytics to improve its investment decision-making process. This could involve using artificial intelligence and machine learning to identify attractive investment opportunities and manage risk more effectively. The use of technology and data analytics could enhance the fund's performance and its competitive advantage. The timeline for implementing new technology and data analytics solutions would depend on the fund's resources and the availability of suitable technologies. The market for financial technology is rapidly growing, offering opportunities for innovation and efficiency gains.
What Threats Does BGF Face?
- Increased competition from other asset managers.
- Economic downturn could lead to higher default rates on loans.
- Changes in regulations could impact the fund's investment strategy.
- Rising interest rates could negatively impact the value of fixed-income investments.
What Are BGF's Competitive Advantages?
- Blackstone's brand reputation and expertise in alternative asset management.
- Access to Blackstone's extensive network and resources in the credit markets.
- The fund's closed-end structure provides a stable capital base for long-term investing.
- Focus on senior secured loans offers a degree of downside protection.
What Does BGF Do?
Blackstone/GSO Floating Rate High Income Fund (BGF) was established with the aim of providing investors with a steady stream of current income through strategic investments in the debt market. As a closed-end fund, BGF operates under a fixed capital structure, allowing it to maintain a stable investment strategy focused on floating rate senior secured loans and other fixed-income instruments. These loans typically offer variable interest rates that reset periodically, providing a hedge against rising interest rates. The fund's investment portfolio is actively managed, with the goal of identifying attractive opportunities in the leveraged loan market. BGF's investment decisions are guided by the expertise of its investment team, which conducts thorough credit analysis and due diligence to assess the risk-reward profile of potential investments. The fund's focus on senior secured loans aims to provide a degree of downside protection, as these loans typically have a higher priority in the event of borrower default. BGF is managed by Blackstone, a leading global investment firm with a strong track record in alternative asset management. The fund's investment strategy seeks to capitalize on Blackstone's extensive network and expertise in the credit markets to generate attractive returns for its investors. BGF is headquartered in New York City.
What Products and Services Does BGF Offer?
- Invests primarily in floating rate senior secured loans.
- Seeks to generate current income for investors.
- Manages a portfolio of fixed-income instruments.
- Conducts credit analysis and due diligence on potential investments.
- Actively manages its investment portfolio to identify attractive opportunities.
- Provides investors with exposure to the leveraged loan market.
- Aims to provide downside protection through investments in senior secured loans.
How Does BGF Make Money?
- The fund raises capital from investors through an initial public offering (IPO) and subsequent offerings.
- The fund invests the capital in a portfolio of floating rate senior secured loans and other fixed-income instruments.
- The fund generates income from the interest payments received on its investments.
- The fund distributes the income to its investors in the form of dividends or other distributions.
What Industry Does BGF Operate In?
The asset management industry is characterized by intense competition and evolving regulatory landscape. Funds like Blackstone/GSO Floating Rate High Income Fund operate within a segment focused on fixed-income investments, particularly leveraged loans. Market trends include increasing demand for alternative income sources and growing interest in floating rate assets as a hedge against inflation. The competitive landscape includes other closed-end funds, mutual funds, and exchange-traded funds (ETFs) with similar investment strategies. Success in this industry depends on the ability to generate consistent returns, manage credit risk effectively, and adapt to changing market conditions.
Who Are BGF's Key Customers?
- Individual investors seeking current income.
- Institutional investors looking for exposure to the leveraged loan market.
- Retirement funds and pension plans seeking stable returns.
- Wealth management firms seeking investment solutions for their clients.
Key Financial Metrics
Return on equity for Blackstone/GSO FLoating Rate High Income Fund stands at 8.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.4%, showing how much profit it generates from its asset base. BGF trades at a trailing price-to-earnings ratio of 12.91, below the Financial Services sector average of ~18x. A current ratio of 3.05 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 7.7%, the inverse of the P/E and a quick read on earnings relative to price.
How Blackstone/GSO FLoating Rate High Income Fund Is Valued
Relative to its peer group, BGF's quantitative score of 41/100 is below the peer average of 65/100.
BGF Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in BGF's underlying assets and future performance. It's like the management is putting their money where their mouth is.
- The general market perception is that high-yield bonds are becoming more attractive as interest rate hikes slow down. BGF could benefit from this shift in sentiment.
- Community sentiment indicates a belief that BGF's management team is skilled at navigating complex credit markets. This perceived expertise provides a level of comfort.
- Some community members are highlighting the potential for BGF to generate consistent income in a volatile market environment. It's seen as a relatively safe haven.
Bear Case
- There's a concern among some traders that a potential recession could significantly impact BGF's portfolio of floating rate loans, increasing default risk. It's similar to the worries surrounding subprime mortgages in 2008.
- Negative community sentiment is focused on the potential for rising interest rates to negatively impact BGF's net asset value. Higher rates could squeeze borrowers and reduce the fund's appeal.
- Some traders are worried about the overall health of the high-yield credit market, suggesting that BGF could be vulnerable to broader market downturns. It is like the contagion fear during the European debt crisis.
- Recent market developments suggest increased volatility in the credit markets, which could negatively impact BGF's performance. Increased volatility is never a good sign for income funds.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
BGF Latest News
No recent news available for BGF.
BGF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BGF.
Price Targets
Wall Street price target analysis for BGF.
BGF MoonshotScore
What does this score mean?
The MoonshotScore rates BGF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
What Investors Ask About Blackstone/GSO FLoating Rate High Income Fund (BGF) — Financial Services
What does the AI Score mean for BGF?
BGF holds an AI Score of 41/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Blackstone/GSO Floating Rate High Income Fund (BGF) is a closed-end fund focused on generating current income. The fund primarily invests in floating rate senior secured loans and other …
What does Blackstone/GSO FLoating Rate High Income Fund do?
Blackstone/GSO Floating Rate High Income Fund is a closed-end fund that specializes in generating current income by investing primarily in floating rate senior secured loans and other fixed-income instruments. The fund's investment strategy focuses on actively managing a portfolio of debt-based assets, with the goal of identifying attractive opportunities in the leveraged loan market.
What are the main risks for BGF?
The main risks for Blackstone/GSO Floating Rate High Income Fund include credit risk, interest rate risk, and market volatility. Credit risk refers to the potential for borrowers to default on their loan obligations, which could result in losses for the fund.
How sensitive is BGF to interest rate changes?
Blackstone/GSO Floating Rate High Income Fund invests primarily in floating rate senior secured loans, which are designed to mitigate the impact of rising interest rates. As interest rates rise, the interest payments on these loans also increase, which can help to offset the negative impact on the fund's net asset value.
What regulatory challenges does Blackstone/GSO Floating Rate High Income Fund face?
Blackstone/GSO Floating Rate High Income Fund, as a closed-end fund operating in the asset management sector, faces a number of regulatory challenges. These include compliance with securities laws and regulations, such as the Investment Company Act of 1940, which governs the operations of registered investment companies.
What are the key factors to evaluate for BGF?
Blackstone/GSO FLoating Rate High Income Fund (BGF) holds an AI score of 41/100 (low). Blackstone/GSO Floating Rate High Income Fund presents a focused investment strategy targeting current income through floating rate senior secured loans. Not financial advice.
How frequently does BGF data refresh on this page?
BGF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven BGF's recent stock price performance?
Blackstone/GSO FLoating Rate High Income Fund (BGF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Experienced management team with expertise in credit markets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BGF overvalued or undervalued right now?
Blackstone/GSO FLoating Rate High Income Fund (BGF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on available data and is subject to change.
- Investment decisions should be made based on individual circumstances and risk tolerance.