0001752724-20-048563.txt : 20200312 0001752724-20-048563.hdr.sgml : 20200312 20200312113552 ACCESSION NUMBER: 0001752724-20-048563 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200312 DATE AS OF CHANGE: 20200312 EFFECTIVENESS DATE: 20200312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Blackstone / GSO Strategic Credit Fund CENTRAL INDEX KEY: 0001546429 IRS NUMBER: 900824512 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-22686 FILM NUMBER: 20707680 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE STREET 2: 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: 212-503-2100 MAIL ADDRESS: STREET 1: 345 PARK AVENUE STREET 2: 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10154 N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0001546429 XXXXXXXX 811-22686 true false false N-2 Blackstone / GSO Strategic Credit Fund 811-22686 0001546429 549300YESIF051NRED20 345 Park Avenue, 31st Floor New York 10154 US-NY US 1(212)-583-5000 ALPS Fund Services, Inc. 1290 Broadway, Suite 1000 Denver 80203 (303) 623-2577 The books, accounts and other documents required by Section 31(a) of the Investment Company Act of 1940 and the rules promulgated thereunder are maintained in the physical possession of the Administrator at this location. N N N-2 Y Edward H. D'Alelio N/A N Daniel H. Smith, Jr. N/A Y Gary S. Schpero N/A N Michael F. Holland N/A N Thomas W. Jasper N/A N Marisa Janel Beeney N/A 345 Park Avenue, 31st Floor New York 10154 XXXXXX N N N N N N N N Deloitte & Touche LLP 34 549300FJV7IV1ZHGAV28 N N N N N N Blackstone / GSO Strategic Credit Fund 549300YESIF051NRED20 N N/A N N N N N/A N/A N/A Rule 32a-4 (17 CFR 270.32a-4) N N N N GSO / Blackstone Debt Funds Management LLC 801-68243 000144537 N/A N Computershare Shareowner Services, LLC 84-05925 254900Y7PP3ZED9AUY94 N N N Refinitiv N/A Y IHS MARKIT GROUP HOLDINGS LIMITED 2138005LTLTVZ4WMEX25 GB N Bloomberg Global Markets Services LLC 254900X21QX3H0T4HC32 N ICE Data Pricing & Reference Data, LLC 5493000NQ9LYLDBCTL34 N N The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Computershare Shareowner Services, LLC 254900Y7PP3ZED9AUY94 N N N ALPS FUND SERVICES, INC. N/A N N N 0 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 82078914 BARCLAYS CAPITAL INC. 008-41342 000019714 AC28XWWI3WIBK2824319 58961182 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 42530606 CITIGROUP GLOBAL MARKETS INC. 008-08177 000007059 MBNUM2BPBDO7JBLYG310 59477640 CREDIT SUISSE SECURITIES (USA) LLC 008-00422 000000816 1V8Y6QCX6YMJ2OELII46 60282525 BOFA SECURITIES, INC. 008-69787 000283942 549300HN4UKV1E2R3U73 78895971 MORGAN STANLEY & CO. LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 61695818 DEUTSCHE BANK SECURITIES INC. 008-17822 000002525 9J6MBOOO7BECTDTUZW19 27751917 JEFFERIES LLC 008-15074 000002347 58PU97L1C0WSRCWADL48 79776785 RBC CAPITAL MARKETS, LLC 8-45411 000031194 549300LCO2FLSSVFFR64 36280419 693645807 N 691398310 Common stock Common Stock Preferred stock Mandatory Redeemable Preferred Shares N N N N N N 1.62 4.04 14.38 15.25 false false true false false false false false false false false INTERNAL CONTROL RPT 2 fp0051749_g1aiii.htm DELOITTE INTERNAL CONTROL LETTER

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and Board of Trustees of Blackstone / GSO Strategic Credit Fund:

In planning and performing our audit of the financial statements of Blackstone / GSO Strategic Credit Fund (the “Fund”) as of and for the year ended December 31, 2019, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A fund’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and directors of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a fund’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the fund’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of December 31, 2019.

This report is intended solely for the information and use of management and the Board of Trustees of Blackstone / GSO Strategic Credit Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ DELOITTE & TOUCHE LLP

Denver, Colorado

February 27, 2020