Fact sheet: Blackstone/GSO Loan Fin Ltd

Fund information
Fund name
Blackstone/GSO Loan Financing Limited
Fund manager company
Blackstone Group
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
The Company’s investment objective is to provide shareholders with stable and growing income returns, and to grow the capital value of its investment portfolio by exposure predominantly to floating rate senior secured loans, both directly and indirectly. The Company achieves its investment objective solely through its investment in Blackstone / GSO Corporate Funding (“BGCF”), which is an investor in floating rate senior secured loans. BGCF funds its investment in loans using a variety of funding sources, including equity capital, its 3-year syndicated financing facility, notes issued to the Company, and non-recourse leverage obtained from retaining Income Notes in collateralised loan obligations (“CLOs”) that BGCF has established.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.8%
1 Year rank in sector
5/22
Sector
IT Debt
Yield
8.6%
Fund size
£320m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
96
Mid price
0.985
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
+0.00
Top in this sector
Fund name1 Year
Duet Real Estate Fin Ltd553.9%
Volta Finance Limited17.3%
Tetragon Fin Ord USD0.00116.7%
Fair Oaks Income Fund Ltd12%
Blackstone/GSO Loan Fin Ltd10.8%
...more in IT Debt

Performance snapshot

Holdings snapshot

  • Others28.9%
    USA24.6%
    UK14.7%
    France12.1%
    Germany11.3%
  • No data available.
  • Global Fixed Interest28.9%
    US Fixed Interest24.6%
    UK Fixed Interest14.7%
    French Fixed Interest12.1%
    German Fixed Interest11.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%6.4%13.4%10.8%--
Sector-2.2%1.6%8.3%9.6%8.7%12.2%
Rank within sector4 / 251 / 253 / 235 / 22--
Quartile1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund9.9%5.3%---
Sector9.4%-2.6%2.4%9.2%-4.2%
Rank within sector4 / 234 / 15---
Quartile1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high1
52 week low0.85
Current bid price0.97
Current offer price1
Current mid price0.99
Region
1Others28.9%
2USA24.6%
3UK14.7%
4France12.1%
5Germany11.3%
6Netherlands8.4%
Industry sector
No data available.
Asset type
1Global Fixed Interest28.9%
2US Fixed Interest24.6%
3UK Fixed Interest14.7%
4French Fixed Interest12.1%
5German Fixed Interest11.3%
6Dutch Fixed Interest8.4%
Individual holdings
1EIRCOM2.2%
2NUMERICABLE FINANCE FRN 15/10/18 EUR100000 144A1.9%
3CAPIO SANIDAD1.7%
4EURO GARAGES1.7%
5ZIGGO FINANCE1.7%
6CONCORDIA INTL CORP1.5%
7INEOS FINANCE PLC1.5%
8ONEX WIZARD ACQUISITION1.4%
9AMAYA INC1.3%
Management
Fund manager group
No data available.
Fund manager company
Blackstone Group
Fund type
Investment Trust
Fund objective
The Company’s investment objective is to provide shareholders with stable and growing income returns, and to grow the capital value of its investment portfolio by exposure predominantly to floating rate senior secured loans, both directly and indirectly. The Company achieves its investment objective solely through its investment in Blackstone / GSO Corporate Funding (“BGCF”), which is an investor in floating rate senior secured loans. BGCF funds its investment in loans using a variety of funding sources, including equity capital, its 3-year syndicated financing facility, notes issued to the Company, and non-recourse leverage obtained from retaining Income Notes in collateralised loan obligations (“CLOs”) that BGCF has established.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
Jersey, Offshore
Blackstone/GSO Loan Financing Limited
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price0.97
Offer price1
Mid price0.985
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOGJ
Data provided by

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