Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) has been on a strong run since our last update. On a total return basis, it has been rivaling the returns of the S&P 500 Index itself, often seen as a measurement for the broader equity market. A portion of the positive performance here were thanks to discount narrowing during this time. However, BGB is a fund focused on senior loans, and the data of hotter inflation and a resilient economy are beneficial to the fund.