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NYSE · BGT

BlackRock Floating Rate Income Trust

Financial Services · Asset Management - Income

$11.03

Down-$0.03 (-0.27%)

Updated Aug 14, 2026, 9:25 AM

SID Score

5.6/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
311.49M
P/E ratio
15.29
Dividend yield
13.09%
52-week range
$10.22 – $11.17
Volume
179.99K
Avg. volume
167.78K

Price performance

BGT price history

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BGT research

Overview

Company profile and research snapshot.

Company profile

Blackrock Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.

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seekingalpha.com · Nov 25, 2025

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 late 2023, but it has lagged equities and performed in line with other high-yield debt funds. The fund's discounted market price remains a positive attribute for valuation-focused investors seeking income in the current environment. But defaults and distressed debt levels have me concerned.

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