BlackStone Long-Short Credit Income Fund (BGX)

Competitors to BlackStone Long-Short Credit Income Fund (BGX)

Eaton Vance Limited Duration Income Fund 

Eaton Vance Limited Duration Income Fund (EVV) competes with BlackStone Long-Short Credit Income Fund (BGX) primarily by offering a similar investment strategy focused on generating income through fixed-income securities while maintaining a limited duration to mitigate interest rate risk. EVV may provide investors with a competitive edge due to its long-standing reputation in the income-generating fund space and its ability to leverage its parent company's extensive fixed-income research capabilities. Investors might favor EVV for its consistent distribution payments and lower expense ratios, appealing to those focused on predictable income.

Invesco Senior Income Trust 

Invesco Senior Income Trust (VVR) offers a similar risk-return profile to BlackStone Long-Short Credit Income Fund by focusing on senior secured loans to generate income. This fund has a competitive advantage through its focus on senior secured debt, which traditionally carries lower default risk compared to unsecured credit offerings like those that BGX may invest in. As a result, VVR has appeal among investors who prioritize capital preservation while seeking income. The ability to offer higher yields on less risky investments is a strong differentiator in the crowded income-generating fund market.

Nuveen Credit Strategy Income Fund 

Nuveen Credit Strategy Income Fund (JQC) competes with the BlackStone Long-Short Credit Income Fund by targeting similar investor bases who are looking for income through credit investments, including leveraged loans and high-yield bonds. JQC distinguishes itself with its experience in managing credit investments and a disciplined approach to credit quality assessment, which may allow it to navigate downturns effectively. The competitive advantage of JQC lies in its strategic allocation and expert portfolio management, appealing to more conservative investors seeking stability within their credit-focused investments.