BlackRock Floating Rate Income Trust (BGT) Stock Price, News & Analysis

Company Overview

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.

Key Stats

• Today's Range: $12.62 to $12.70
• 50-Day Range: $12.50 to $13.37
• 52-Week Range: $12.05 to $13.97
• Volume: 77,566 shs
• Average Volume: 168,593 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 11.38%
• Price Target: N/A
• Consensus Rating: N/A

BGT Stock Analysis - Frequently Asked Questions

How have BGT shares performed this year?

BlackRock Floating Rate Income Trust's stock was trading at $12.86 on January 1st, 2025. Since then, BGT stock has decreased by 1.6% and is now trading at $12.6550.
View the best growth stocks for 2025 here.

Who are BlackRock Floating Rate Income Trust's major shareholders?

BlackRock Floating Rate Income Trust's top institutional investors include Guggenheim Capital LLC, Ameriprise Financial Inc., LPL Financial LLC and Invesco Ltd..
View institutional ownership trends.

How do I buy shares of BlackRock Floating Rate Income Trust?

Shares of BGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of BlackRock Floating Rate Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BlackRock Floating Rate Income Trust investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), HubSpot (HUBS), Bank of America (BAC), ConocoPhillips (COP), Alibaba Group (BABA) and Blackstone Mortgage Trust (BXMT).

Company Calendar

• Ex-Dividend for 1/31 Dividend: 1/15/2025
• Dividend Payable: 1/31/2025
• Ex-Dividend for 2/28 Dividend: 2/14/2025
• Today: 2/23/2025
• Dividend Payable: 2/28/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:BGT
• CUSIP: N/A
• CIK: 1287480
• Web: www.blackrock.com
• Phone: (800) 882-0052
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $31.38 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A