BGT
BlackRock Floating Rate Income Trust
Set alert
- YTD
- -12.53%
- 1 year
- -15.87%
- Open
- 10.00
- Prev close
- 9.98
- Mkt cap
- 295.56M
- Vol
- 181.00K
- Avg vol
- 145.01K
- EPS
- 0.42
- P/E
- 23.60
- Div yield
- 11.30%
More statistics
- Low
- 9.87
- High
- 10.00
- Forward P/E
- 0.00
- Beta
- 0.66
- Short ratio
- 1.07
- Inst. own
- 25.84%
- Dividend
- 1.44
- Ex-div date
- Dec 15, 2024
- 50-d avg
- 13.06
- 200-d avg
- 12.99
- 1y target
- 0.00
News
3 months ago seekingalpha.com
BGT: Even Rate Hikes Won't Make This Fund's Distribution Sustainable
The BlackRock Floating Rate Income Trust offers a 13.36% yield but is not earning enough to cover its distribution. BGT's portfolio is heavily weighted toward speculative-grade senior loans, exposing…
6 months ago seekingalpha.com
BGT: The 13% Dividend Yield Is Not Supported By Earnings
BlackRock Floating Rate Income Trust remains a sell due to persistent NAV erosion and unsustainable dividend payouts. BGT's current 13.1% yield is not covered by earnings, with distributions nearly…
9 months ago seekingalpha.com
BGT: Earnings Unlikely To Improve As Long As Interest Rates Are High (Rating Downgrade)
BlackRock Floating Rate Income Trust Fund is downgraded to a sell due to persistent earnings weakness and unsupported dividends. BGT's NAV has steadily declined, with recent semi-annual net…
9 months ago defenseworld.net
Donoghue Forlines LLC Purchases Shares of 939,719 BlackRock Floating Rate Income Trust $BGT
Donoghue Forlines LLC acquired a new position in BlackRock Floating Rate Income Trust (NYSE: BGT) during the undefined quarter, according to the company in its most recent disclosure with the…
11 months ago seekingalpha.com
BGT: Little Chance Of Outsized Returns, But Risks Are Manageable
BlackRock Floating Rate Income Trust is evaluated as a current investment option focusing on high current income via senior secured floating rate loans. BGT's performance has been reasonable since…
1 year ago seekingalpha.com
BGT: Floating Rate Loans CEF Under Pressure
BlackRock Floating Rate Income Trust remains unappealing due to low credit spreads, declining rates, and a premium to NAV versus discounted peers. BGT's heavy exposure to single-B leveraged loans and…
1 year ago seekingalpha.com
BGT: The Golden Era For Floating Rate Funds Have Passed
BGT offers high monthly income (11.5% yield) from floating rate loans, benefiting from the current high interest rate environment. The fund's heavy exposure to below-investment-grade borrowers…
1 year ago seekingalpha.com
BGT: Failing To Cover Distributions And Unlikely To Improve (Rating Downgrade)
The BlackRock Floating Rate Income Trust offers a high yield of 12.03%, but its income is highly dependent on Federal Reserve interest rate policies. The fund's distribution is unsustainable due to…
1 year ago seekingalpha.com
BGT: Solid Returns But High Fees And High Volatility
The BlackRock Floating Rate Income Trust aims for high current income and capital preservation and has a current distribution rate of 11.3%. BGT has historically delivered solid returns, but with…
1 year ago seekingalpha.com
BGT: This Fund Will Likely Cut Its Distribution In The Near Future
The BlackRock Floating Rate Income Trust offers a high 10.99% yield but faces potential distribution cuts due to expected Federal Reserve interest rate reductions. Despite outperforming fixed-rate…
2 years ago seekingalpha.com
BGT: Floating Rate Assets Becoming Less Appealing (Rating Downgrade)
BGT has performed well, with a total return of over 17% since October 2023, since it was last covered. Lower Fed funds will lead to lower yields and a shift in market sentiment towards fixed assets,…
2 years ago seekingalpha.com
BGT: A Good Source Of Income Today, But A Pricey One
BlackRock Floating Rate Income Trust Fund is a closed-end fund that aims to generate a high level of income with less volatility than fixed-income funds. The fund has a lower yield than its peers,…
2 years ago 247wallst.com
Want $1500 Per Month In Passive Income? Invest $20,000 In These Stocks.
Stock #6 : Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) Yield: 10.55% Number of shares for $20,000: 1,739 Monthly Dividend Income:~$175.83 Balanced funds offer both capital…
2 years ago seekingalpha.com
Investors' Choice: Roller Coaster Or Merry-Go-Round?
Achieving long-term "equity returns" generally requires holding tight through periods of volatility. The "roller coaster" experience is worth it, as Nobel Prize winners and other researchers have…
2 years ago businesswire.com
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024 Ex-Date- 3/14/2024 Record-…
2 years ago seekingalpha.com
BGT: A Very Good Floater CEF That Should Perform Well For Longer Than Market Thinks
The BlackRock Floating Rate Income Trust Fund offers an attractive current yield of 11.26%, which is in line with its peers.
2 years ago seekingalpha.com
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report,…
2 years ago businesswire.com
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Rate…
2 years ago seekingalpha.com
BGT: The Glory Days For Floaters May Be Ending
The article evaluates the BlackRock Floating Rate Income Trust as an investment option at its current market price. Investing in floating rate securities has been a successful strategy, delivering…
3 years ago businesswire.com
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR),…
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3 years ago benzinga.com
Blackrock Floating Rate: Dividend Insights
Blackrock Floating Rate: Dividend Insights
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4 years ago benzinga.com
Stocks That Hit 52-Week Lows On Monday
On Monday, 198 companies reached new 52-week lows.
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4 years ago benzinga.com
Stocks That Hit 52-Week Lows On Friday
On Friday, 1043 companies hit new 52-week lows.
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5 years ago benzinga.com
Stocks That Hit 52-Week Highs On Friday
During the morning session on Friday, 178 stocks hit new 52-week highs.
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5 years ago benzinga.com
Stocks That Hit 52-Week Highs On Thursday
Thursday morning saw 168 companies set new 52-week highs.
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5 years ago benzinga.com
Stocks That Hit 52-Week Highs On Friday
Before 10 a.m. ET Friday, 108 stocks made new 52-week highs.
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6 years ago benzinga.com
Stocks That Hit 52-Week Lows On Thursday
Stocks That Hit 52-Week Lows On Thursday
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6 years ago benzinga.com
Stocks That Hit 52-Week Lows On Wednesday
Stocks That Hit 52-Week Lows On Wednesday
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6 years ago benzinga.com
Stocks That Hit 52-Week Lows On Monday
Stocks That Hit 52-Week Lows On Monday
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6 years ago benzinga.com
Stocks That Hit 52-Week Lows On Thursday
Stocks That Hit 52-Week Lows On Thursday
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6 years ago benzinga.com
Stocks That Hit 52-Week Highs On Friday
Stocks That Hit 52-Week Highs On Friday
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6 years ago benzinga.com
Stocks That Hit 52-Week Highs On Wednesday
Stocks That Hit 52-Week Highs On Wednesday
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6 years ago benzinga.com
Stocks That Hit 52-Week Highs On Tuesday
Stocks That Hit 52-Week Highs On Tuesday
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6 years ago benzinga.com
Stocks That Hit 52-Week Highs On Wednesday
Stocks That Hit 52-Week Highs On Wednesday
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6 years ago benzinga.com
Stocks That Hit 52-Week Highs On Friday
Stocks That Hit 52-Week Highs On Friday
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6 years ago benzinga.com
Stocks That Hit 52-Week Highs On Thursday
Stocks That Hit 52-Week Highs On Thursday
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6 years ago benzinga.com
Stocks That Hit 52-Week Highs On Friday
Stocks That Hit 52-Week Highs On Friday
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6 years ago benzinga.com
Stocks That Hit 52-Week Highs On Friday
Stocks That Hit 52-Week Highs On Friday
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7 years ago benzinga.com
Stocks Which Set New 52-Week Low Last Trading Session, Fri., Dec. 14, 2018
Stocks Which Set New 52-Week Low Last Trading Session, Fri., Dec. 14, 2018
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7 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday, Thurs., Dec. 13, 2018
Stocks Which Set New 52-Week Low Yesterday, Thurs., Dec. 13, 2018
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7 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday, Wed., Nov. 28, 2018
Stocks Which Set New 52-Week Low Yesterday, Wed., Nov. 28, 2018
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7 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday Tues., Nov. 27, 2018
Stocks Which Set New 52-Week Low Yesterday Tues., Nov. 27, 2018
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7 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday, Mon., Nov. 26, 2018
Stocks Which Set New 52-Week Low Yesterday, Mon., Nov. 26, 2018
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7 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday, Tues., Nov. 20, 2018
Stocks Which Set New 52-Week Low Yesterday, Tues., Nov. 20, 2018
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7 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday, Mon., Nov. 19, 2018
Stocks Which Set New 52-Week Low Yesterday, Mon., Nov. 19, 2018
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7 years ago benzinga.com
Stocks Which Set New 52-Week Lows Fri., Nov. 16, 2018
Stocks Which Set New 52-Week Lows Fri., Nov. 16, 2018
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8 years ago benzinga.com
Stocks Which Set New 52-Week Low Friday, October 26th
Stocks Which Set New 52-Week Low Friday, October 26th
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8 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday, October 11th
Stocks Which Set New 52-Week Low Yesterday, October 11th
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8 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday, October 10th
Stocks Which Set New 52-Week Low Yesterday, October 10th
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8 years ago benzinga.com
Stocks Which Set New 52-Week Low Yesterday, October 9th
Stocks Which Set New 52-Week Low Yesterday, October 9th