Closed End Funds/Mutual Fund
Blackstone/GSO Strategic Credit Fund

Fact Sheet



Date: August 6, 2015
Time: 4:15pm EDT
Dial-in Number: 866.395.6628
Conference ID: 96830103

Distributions may be paid from sources of income other than ordinary income, such as net realized short-term capital gains, net realized long-term capital gains and return of capital. Based on current estimates, we anticipate that the current distributions for BGB, BGX, and BSL have been paid from ordinary income and return of paid-in capital surplus. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. If a distribution includes anything other than net investment income, the Fund provides a Section 19(a) notice of the best estimate of its distribution sources at that time. These estimates may not match the final tax characterization (for the full year’s distributions) contained in shareholders’ 1099-DIV forms after the end of the year. The annualized distribution rate is the monthly per share distribution times 12, divided by the end-of-month market price.

Ticker Symbol
Daily Net Asset Value per
Share (NAV)
Monthly Net Asset Value per share (NAV)
  $17.96 (as of 07/31/2015)
Source: ALPS Fund Services, Inc.
$17.96 (as of 07/31/2015)
Source: ALPS Fund Services, Inc.
Premium/Discount Total Net Assets Turnover  
-14.09% (as of 07/31/2015)
Source: ALPS Fund Services, Inc.
$801,957,890.47 (as of 07/31/2015)
Source: ALPS Fund Services, Inc.
76.00% (as of 12/31/2014)
Source: ALPS Fund Services, Inc.


The Fund will seek to achieve its investment objectives by investing primarily in a diversified portfolio of loans and other fixed income instruments of predominantly U.S. corporate issuers, including first- and second-lien secured loans (''Senior Secured Loans'') and high yield corporate bonds of varying maturities. Under normal market conditions, at least 80% of the Fund's Managed Assets (as defined below) will be invested in credit investments comprised of corporate fixed income instruments and other investments (including derivatives) with similar economic characteristics. ''Managed Assets'' means the Fund's net assets plus any borrowing for investment purposes, including effective leverage (as defined below) and traditional leverage (as defined below). The fixed income instruments the Fund will invest in will typically be rated below investment grade or, if unrated, are considered by GSO / Blackstone Debt Funds Management LLC (the ''Adviser''), the Fund's investment adviser, to be of comparable quality. Fixed income instruments that are rated below investment grade (commonly referred to as ''high yield'' or ''junk'' instruments) are regarded as having predominantly speculative characteristics with respect to the issuer's capacity to pay interest and repay principal.

Team Bios

Name Designation Location
Daniel H. Smith Investment Committee Member New York
Lee M. Shaiman Investment Committee Member and Portfolio Manager New York
Robert Zable Investment Committee Member New York
Brad Marshall Investment Committee Member New York
Daniel T. McMullen Investment Committee Member New York


An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle.

Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment. Therefore, before investing you should carefully consider the risks that you assume when you invest in the Fund's common shares.

The Fund's investment objectives and policies are not designed to seek to return the initial investment to investors that purchase shares.

Secured loan funds are a distinct segment of the fixed income market and are not an alternative to money markets or certificates of deposit.

Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the fund. Please read the prospectus carefully before investing.

For a more complete information about the Fund, please read the prospectus , call your financial professional or call 1.877.299.1588.

Shares of closed-end investment companies frequently trade at a discount from their net asset value. The risk of loss due to this discount may be greater for investors expecting to sell their shares in a relatively short period. The Fund is newly organized with no operating history.

NOT FDIC INSURED | May Lose Value | No Bank Guarantee