BlackRock Floating Rate Income Trust
NYSE · us_market
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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.
Delaying Social Security to age 70 can boost benefits by up to 124%, but requires a robust interim income strategy.
Analyze BlackRock closed-end funds for retirement income: 32 strategies, 8.6% yield, 21.7% leverage, muni bonds & covered calls, annual rebalancingâread...
BlackRock Floating Rate Income Trust Fund is downgraded to Sell due to persistent earnings weakness & unsupported dividends. Read more on BGT CEF here.
BGT's discounted market price remains a positive attribute for valuation-focused investors seeking income in the current environment. See why the fund is a Hold.
Discover why BlackRock Floating Rate Income Trust (BGT) faces risks from declining rates, low recoveries, and high leverage. Click here to read my analysis.
Our RAM Smid composite gained 6.11% in 2Q25, slightly trailing the Russell 2500 Value Total Return index which rose 7.29%. Read more here.
BGT offers high monthly income (11.5% yield) from floating rate loans, benefiting from the current high interest rate environment.
EFT faces income pressure from expected rate cuts, with limited fixed-rate exposure and a below-category yield despite a 9.2% payout. Learn why EFT CEF is a sell.
| Fund | Style | Shares | Value | % of Port | Change vs. last quarter | Period |
|---|---|---|---|---|---|---|
| StateStreet | passive | 6.28M | $6.04B | 0.21% | Unchanged | 2026-03-31 |
| CapResearch | fundamental | 4.61M | $4.43B | 0.69% | Added+20.1% | 2026-03-31 |
| Wellington | fundamental | 3.64M | $3.51B | 0.65% | Added+151.2% | 2026-03-31 |
| FidelityFMR | fundamental | 1.68M | $1.62B | 0.09% | Trimmed-15.5% | 2026-03-31 |
| TwoSigma | quant | 193.0K | $185.63M | 0.15% | Added+338.5% | 2026-03-31 |
| DEShaw | quant | 146.9K | $141.29M | 0.08% | Added+109.1% | 2026-03-31 |
| Citadel | multi-strat | 53.2K | $51.12M | 0.07% | Trimmed-68.5% | 2026-03-31 |
| TRowePrice | fundamental | 534.6K | $514.13K | 0.06% | Added+0.9% | 2026-03-31 |
| 30d | 90d | YTD | 1y | |
|---|---|---|---|---|
| BGT | -2.08% | -0.82% | -4.32% | -11.51% |
| XLF | -0.65% | +0.72% | -5.82% | +1.22% |
| Alpha (stock − sector) | -1.42% | -1.55% | +1.50% | -12.73% |