| Blackstone / GSO Strategic Credit Fund is registered as a diversified, closed-end management investment company. The Fund's primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. The Fund invests primarily in a diversified portfolios or loans and other fixed income instruments of predominantly United States. corporate issuers, including first- and second-lien loans and high yield corporate bonds of varying maturities. We show 1 historical shares outstanding datapoints in our BGB shares outstanding history coverage, used to compute BGB market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BGB market cap history over the course of time is important for investors
interested in comparing BGB's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BGB versus a peer is one thing; comparing
BGB market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BGB can fluctuate over the course of history.
With this page we aim to empower investors researching BGB by allowing them to research the BGB market cap history.