BlackRock Floating Rate Income Trust BGT
10.01 USD -0.11 (-1.09%)
At closeNov 12, 2026, 4:00 PM EST
9.99 -0.02 -0.19%
After hours · Nov 12, 4:00 PM ET
10.01 Day range 10.12
9.71 52-week range 11.67
- YTD
- -11.65%
- 1 year
- -13.56%
News
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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,…
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…
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…
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-…
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.
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,…
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…
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…
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),…
benzinga.com Blackrock Floating Rate: Dividend Insights 
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