The Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL) declares a monthly distribution of $0.084 per share. Shareholders of record on March 24, 2026, receive payment on March 31, 2026, with the ex-dividend date set for the same day.481
This declaration covers distributions for March, April, and May 2026, maintaining the $0.084 amount across these months. Ex-dates include April 23 and May 21, 2026, with corresponding record and payable dates.48
Fund Overview
BSL operates as a closed-end term fund listed on the NYSE, focusing primarily on high current income through investments of at least 80% of managed assets in senior secured floating rate loans. It also allocates to second-lien loans and high-yield bonds while employing leverage to enhance returns. The fund targets termination on or about May 31, 2027, unless extended by shareholders.47
As of March 13, 2026, the fund’s net asset value stands at $13.52 per share, with total net assets of approximately $176 million.47
Distribution Strategy and Yield
Distributions tie to recent average monthly net income and may include sources beyond net investment income, such as capital gains or return of capital. Final tax characterizations appear on Form 1099-DIV post-fiscal year. The forward annual dividend yield hovers around 8.9%, reflecting recent payouts near $0.084 to $0.095 per share.4748
Investors note the dynamic approach supports portfolio credit quality without large reserves for distribution stability.48
