BlackRock Floating Rate Income Trust – NYSE:BGT

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$12.4

-0.56

-4.32%

Market closed

Open in 3 days

-0.31%

month

-0.31%

quarter

+6.40%

year

Market Cap	287.81M
Enterprise value	389.38M

P/E	5.36
EV/Sales	9.10
EV/EBITDA	96.59
Price/Sales	6.81
Price/Book	1.00
PEG ratio	-0.30
EPS	2.88

Revenue	51.36M
EBITDA	6.43M
Income	64.18M
Revenue Q/Q	N/A
Revenue Y/Y	N/A

Profit margin	126.12%
Oper. margin	111.29%
Gross margin	93.07%
EBIT margin	111.29%
EBITDA margin	12.54%

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10 years history
Forward ratios (Analysts estimates)

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BlackRock Floating Rate Income Trust (NYSE:BGT): Profit margin
Mar 2023	8.61M	10.26M	119.14%
Jun 2023	15.72M	22.31M	141.95%
Sep 2023	9.26M	9.28M	100.22%
Dec 2023	17.76M	22.31M	125.63%

BlackRock Floating Rate Income Trust (NYSE:BGT): Payout ratio
Payout ratio	67.38%

BlackRock Floating Rate Income Trust (NYSE:BGT): Dividend Yield
2019	6.64%
2020	7.77%
2021	5.51%
2022	7.45%
2023	10.36%

BlackRock Floating Rate Income Trust (NYSE:BGT): Debt to assets
Mar 2023	380361981	95.75M	25.18%
Jun 2023	380361981	95.75M	25.18%
Sep 2023	393730823	105.91M	26.9%
Dec 2023	393730823	105.91M	26.9%

BlackRock Floating Rate Income Trust (NYSE:BGT): Cash Flow
Mar 2023	6.30M	0	-6.87M
Jun 2023	12.20M	427.14K	-13.74M
Sep 2023	4.00M	0	-4.14M
Dec 2023	11.71M	-3.70M	-8.28M

BlackRock Floating Rate Income Trust
Insider Trading

BlackRock Floating Rate Income Trust (NYSE:BGT): Insider trades (number of shares)
Period	Buy	Sel
Jan 2019	100	0

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Option	31 Jan 2023	PARZANESE ABIGAIL	Phantom Shares	101	N/A	N/A
Option	31 Jan 2023	PARZANESE ABIGAIL	Common Stock	101	N/A	N/A
Option	31 Jan 2022	APISTOLAS ABIGAIL other other	Phantom Shares	188	N/A	N/A
Option	29 Jan 2021	KEENAN JAMES other: Portfolio Manager other: Portfolio Manager	Common Stock	4,876	$12.06	$58,805
Option	29 Jan 2021	KEENAN JAMES other: Portfolio Manager other: Portfolio Manager	Phantom Shares	4,876	$12.06	$58,805
Option	29 Jan 2021	APISTOLAS ABIGAIL other: Portfolio Manager other: Portfolio Manager	Phantom Shares	88	$12.06	$1,061
Option	29 Jan 2021	APISTOLAS ABIGAIL other: Portfolio Manager other: Portfolio Manager	Common Stock	88	$12.06	$1,061
Option	17 Dec 2020	CAVANAGH RICHARD director director	Performance Rights	190	$11.88	$2,257
Option	17 Dec 2020	CAVANAGH RICHARD director director	Common Stock	190	$11.88	$2,257
Option	17 Dec 2020	FABOZZI FRANK director director	Performance Rights	158	$11.88	$1,877

BGT insider trading transactions

BlackRock Floating Rate Income Trust
Latest News

Monday, 11 November 2024
12:00	BGT: This Fund Will Likely Cut Its Distribution In The Near Future	seekingalpha.com
Tuesday, 6 August 2024
23:45	BGT: Floating Rate Assets Becoming Less Appealing (Rating Downgrade)	seekingalpha.com
Monday, 13 May 2024
13:12	BGT: A Good Source Of Income Today, But A Pricey One	Seeking Alpha
Sunday, 12 May 2024
06:59	Want $1500 Per Month In Passive Income? Invest $20,000 In These Stocks.	24/7 Wall Street
Thursday, 22 February 2024
17:54	BGT: A Very Good Floater CEF That Should Perform Well For Longer Than Market Thinks	Seeking Alpha
Saturday, 2 December 2023
04:31	BGT: The Glory Days For Floaters May Be Ending	Seeking Alpha
Saturday, 21 October 2023
00:21	BGT: A Golden Standard Leveraged Loan CEF, 11.7% Yield	Seeking Alpha
Monday, 25 September 2023
12:00	Rising Interest Rates Got You Down? Try Floating Above The Fear	Seeking Alpha
Thursday, 17 August 2023
11:03	BGT: A Year Later, The Buy Case For Floaters Persists	Seeking Alpha
Saturday, 15 July 2023
08:55	CEF Weekly Review: Discount Pro-Cyclicality Is Not Fully Rational	Seeking Alpha
Monday, 10 July 2023
02:42	BGT: Amortizing 'Return Of Principal' Loan Fund	Seeking Alpha
Thursday, 16 March 2023
08:03	Weekly Closed-End Fund Roundup - March 5, 2023	Seeking Alpha
Saturday, 4 March 2023
02:09	BGT: Floaters Still Look Attractive	Seeking Alpha
Friday, 28 October 2022
11:50	FRA And BGT: Distribution Boosts And Wide Discounts	Seeking Alpha
Monday, 8 August 2022
16:19	BGT: Floating Rate Debt Continues To Serve As A Hedge Against Rising Rates	Seeking Alpha
Wednesday, 27 April 2022
22:40	BGT: Value Re-Appears In This Floating Rate CEF	Seeking Alpha
Thursday, 20 January 2022
22:13	VVR: Higher Rates Could Benefit This Fund	Seeking Alpha
Wednesday, 19 January 2022
22:33	FRA: 5.8% Distribution Yield, Floating Rate Investments	Seeking Alpha
Saturday, 8 January 2022
01:40	JQC: An Interesting Idea For Higher Rates	Seeking Alpha
Wednesday, 15 December 2021
12:51	BGT: Near-Term Outlook More Modest Now	Seeking Alpha
Friday, 27 August 2021
11:44	BGT: I See Merit To Buying Floaters	Seeking Alpha

Frequently Asked Questions (FAQ)

What's the price of BlackRock Floating Rate Income Trust stock today?

One share of BlackRock Floating Rate Income Trust stock can currently be purchased for approximately $12.4.
When is BlackRock Floating Rate Income Trust's next earnings date?

Unfortunately, BlackRock Floating Rate Income Trust's (BGT) next earnings date is currently unknown.
Does BlackRock Floating Rate Income Trust pay dividends?

Yes, BlackRock Floating Rate Income Trust pays dividends and its trailing 12-month yield is 11.14% with 67% payout ratio. The last BlackRock Floating Rate Income Trust stock dividend of $0.07 was paid on 28 Feb 2022.
How much money does BlackRock Floating Rate Income Trust make?

BlackRock Floating Rate Income Trust has a market capitalization of 287.81M and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 794.7% to 39.39M US dollars.
What is BlackRock Floating Rate Income Trust's stock symbol?

BlackRock Floating Rate Income Trust is traded on the NYSE under the ticker symbol "BGT".
What is BlackRock Floating Rate Income Trust's primary industry?

Company operates in the Financial Services sector and Asset Management - Income industry.
How do i buy shares of BlackRock Floating Rate Income Trust?

Shares of BlackRock Floating Rate Income Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
When BlackRock Floating Rate Income Trust went public?

BlackRock Floating Rate Income Trust is publicly traded company for more then 21 years since IPO on 30 Aug 2004.
What is BlackRock Floating Rate Income Trust's official website?

The official website for BlackRock Floating Rate Income Trust is blackrock.com.
Where are BlackRock Floating Rate Income Trust's headquarters?

BlackRock Floating Rate Income Trust is headquartered at 55 East 52nd Street, New York, NY.
How can i contact BlackRock Floating Rate Income Trust?

BlackRock Floating Rate Income Trust's mailing address is 55 East 52nd Street, New York, NY and company can be reached via phone at +212 8105300.

BlackRock Floating Rate Income Trust

blackrock.com

Exchange:

NYSE

Full time employees:

Industry:

Asset Management - Income

Sector:

Financial Services

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.

+212 8105300

55 East 52nd Street
New York, NY 10055

CIK: 0001287480
ISIN: US0919411043
CUSIP: 091941104