GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackstone Long-Short Credit Income Fund (NYSE:BGX) » Definitions » 3-Year RORE %

BGX (Blackstone Long-Short Creditome Fund) 3-Year RORE % : -150.24% (As of Dec. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Blackstone Long-Short Creditome Fund 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Blackstone Long-Short Creditome Fund's 3-Year RORE % for the quarter that ended in Dec. 2024 was -150.24%.

The industry rank for Blackstone Long-Short Creditome Fund's 3-Year RORE % or its related term are showing as below:

BGX's 3-Year RORE % is ranked worse than
80.96% of 1560 companies
in the Asset Management industry
Industry Median: -35.205 vs BGX: -150.24

Blackstone Long-Short Creditome Fund 3-Year RORE % Historical Data

The historical data trend for Blackstone Long-Short Creditome Fund's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackstone Long-Short Creditome Fund 3-Year RORE % Chart

Blackstone Long-Short Creditome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
3-Year RORE %
Get a 7-Day Free Trial -14.28 91.03 69.80 -34.70 -150.24

Blackstone Long-Short Creditome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.80 317.54 -34.70 -140.86 -150.24

Competitive Comparison of Blackstone Long-Short Creditome Fund's 3-Year RORE %

For the Asset Management subindustry, Blackstone Long-Short Creditome Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackstone Long-Short Creditome Fund's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Long-Short Creditome Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Blackstone Long-Short Creditome Fund's 3-Year RORE % falls into.



Blackstone Long-Short Creditome Fund 3-Year RORE % Calculation

Blackstone Long-Short Creditome Fund's 3-Year RORE % for the quarter that ended in Dec. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 1.281--1.79 )/( 1.411-3.455 )
=3.071/-2.044
=-150.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2024 and 3-year before.


Blackstone Long-Short Creditome Fund  (NYSE:BGX) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Blackstone Long-Short Creditome Fund 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Blackstone Long-Short Creditome Fund's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackstone Long-Short Creditome Fund Business Description

Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Long-Short Credit Income Fund is 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. It seeks to achieve its investment objectives by employing a dynamic long-short strategy in a diversified portfolio of loans and fixed-income instruments of predominantly U.S. corporate issuers, including first- and second-lien secured loans (Secured Loans) and high-yield corporate bonds of varying maturities.
Executives
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Jane Lee officer: Public Relations Officer 1290 BROADWAY, SUITE 1100 CO 80203
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Ing Usa Annuity & Life Insurance Co 10 percent owner 699 WALNUT STREET, SUITE 1350, DE MOINES IA 50309-3942
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Dohyun (doris) Lee-silvestri officer: Chief Financial Officer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019

Blackstone Long-Short Creditome Fund Headlines

From GuruFocus

Top 5 2nd Quarter Trades of Next Capital Management LLC

By GuruFocus Research GuruFocus Editor 07-20-2022