BlackRock Floating Rate Income Trust BGT
Set alert
At close · Oct 30
After hours · Oct 30, 4:00 PM ET
- YTD
- -12.53%
- 1 year
- -15.87%
- Open
- 10.00
- Prev close
- 9.98
- Mkt cap
- 295.56M
- Vol
- 181.00K
- Avg vol
- 145.93K
- EPS
- 0.42
- P/E
- 23.60
- Div yield
- 0.00%
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
3M chart
Events in this range
- Aug 14, 2026Dividend: 0.12028
- Sep 15, 2026Dividend: 0.12028
- Oct 15, 2026Dividend: 0.12028
Signals (12)
| Name | Date | Ago |
|---|---|---|
| MACD: Buy Signal | Oct 30, 2026 | 3 days ago |
| RSI: Oversold | Oct 22, 2026 | 1 week ago |
| RSI: Oversold | Oct 20, 2026 | 1 week ago |
| RSI: Oversold | Oct 15, 2026 | 2 weeks ago |
| RSI: Oversold | Oct 5, 2026 | 4 weeks ago |
| RSI: Oversold | Sep 28, 2026 | 1 month ago |
| RSI: Oversold | Sep 24, 2026 | 1 month ago |
| SMA: Bearish | Sep 15, 2026 | 1 month ago |
| SMA: Bearish | Sep 14, 2026 | 1 month ago |
| MACD: Sell Signal | Sep 9, 2026 | 1 month ago |
| MACD: Buy Signal | Aug 27, 2026 | 2 months ago |
| MACD: Sell Signal | Aug 20, 2026 | 2 months ago |
Key statistics
- Market cap
- 295.27M
- Enterprise value
- 0
- Trailing P/E
- 9.29
- Forward P/E
- 0.00
- PEG ratio
- 0.00
- Price / sales
- 8.19
- Price / book
- 1.02
- EPS (TTM)
- 1.40
- Beta
- 0.66
- Dividend yield
- 11.30%
- Payout ratio
- 101.18%
- Profit margin
- 86.12%
- Revenue (TTM)
- 36.04M
- Revenue growth
- 1.60%
- Free cash flow
- 23.83M
- Total cash
- 0
- Total debt
- 92.89M
- Return on equity
- 10.82%
- Shares outstanding
- 22.70M
- Short % of float
- 0.56%
- 50-day average
- 13.06
- 200-day average
- 12.99
Analyst view
Consensus: none
Next earnings
Consensus EPS estimate 0.00.
About BlackRock Floating Rate Income Trust
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.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- United States
News
- BGT: Even Rate Hikes Won't Make This Fund's Distribution Sustainable
- BGT: The 13% Dividend Yield Is Not Supported By Earnings
- BGT: Earnings Unlikely To Improve As Long As Interest Rates Are High (Rating Downgrade)
- Donoghue Forlines LLC Purchases Shares of 939,719 BlackRock Floating Rate Income Trust $BGT
- BGT: Little Chance Of Outsized Returns, But Risks Are Manageable
- BGT: Floating Rate Loans CEF Under Pressure
- BGT: The Golden Era For Floating Rate Funds Have Passed
- BGT: Failing To Cover Distributions And Unlikely To Improve (Rating Downgrade)
- BGT: Solid Returns But High Fees And High Volatility
- BGT: This Fund Will Likely Cut Its Distribution In The Near Future
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| APISTOLAS ABIGAIL | Other Executive | Conversion of Exercise of derivative security | Jan 30, 2023 | 0 |
| HARRIS STAYCE D. | Director | Purchase | Oct 28, 2024 | 10 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Guggenheim Capital, LLC | 3.17% | 707,842 | 9.21M | Sep 29, 2024 |
| Ameriprise Financial, Inc. | 2.88% | 642,404 | 8.36M | Sep 29, 2024 |
| Penserra Capital Management LLC | 2.87% | 640,218 | 8.33M | Sep 29, 2024 |
| Morgan Stanley | 2.77% | 618,807 | 8.05M | Sep 29, 2024 |
| UBS Group AG | 1.99% | 444,289 | 5.78M | Sep 29, 2024 |
| LPL Financial LLC | 1.83% | 407,751 | 5.30M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Amplify High Income ETF | 2.86% | 638,730 | 8.31M | Sep 29, 2024 |
| Invesco ETF Tr II-Invesco Income Composite ETF | 0.75% | 166,644 | 2.17M | Oct 30, 2024 |
| Cohen & Steers Closed End Opportunity Fund | 0.46% | 103,470 | 1.35M | Sep 29, 2024 |
| ETFis Ser Tr I-Virtus Private Credit Strategy ETF | 0.25% | 56,691 | 737.55K | Oct 30, 2024 |