Blackrock Floating Rate Income Trust (BGT)
12.99
+0.02
(+0.15%)
USD |
NYSE |
Mar 28, 16:00
12.99
0.00 (0.00%)
After-Hours: 16:24
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
3.03% | 0.86% | 286.98M | 91229.03 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
9.65% | 25.00% | -14.03M | Upgrade |
Basic Info
Investment Strategy | |
The Trust’s investment objective is to provide a high level of current income. The Trust, as a secondary objective, also seeks the preservation of capital to the extent consistent with its primary objective of high current income. |
General | |
Security Type | Closed-End Fund |
Equity Style | Small Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Bank Loan |
Category Index | Morningstar LSTA US LL Index TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Corporate Bond - High Yield |
Fund Owner Firm Name | BlackRock |
Prospectus Benchmark Index | |
BBgBarc Glb U.S. Corp HY 2% Issuer Cons | 16.00% |
BBgBarc Interm Credit Idx USD | 24.00% |
BBgBarc US Long Government/Credit | 40.00% |
BBgBarc US MBS USD | 8.00% |
Bloomberg ABS TR USD | 4.00% |
Bloomberg CMBS IG Elig for US Agg TR USD | 8.00% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Carly Wilson | 14.82 yrs |
David Delbos | 14.82 yrs |
Mitchell Garfin | 14.82 yrs |
Performance Versus Category
As of March 27, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2024.
Basic Info
Investment Strategy | |
The Trust’s investment objective is to provide a high level of current income. The Trust, as a secondary objective, also seeks the preservation of capital to the extent consistent with its primary objective of high current income. |
General | |
Security Type | Closed-End Fund |
Equity Style | Small Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Bank Loan |
Category Index | Morningstar LSTA US LL Index TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Corporate Bond - High Yield |
Fund Owner Firm Name | BlackRock |
Prospectus Benchmark Index | |
BBgBarc Glb U.S. Corp HY 2% Issuer Cons | 16.00% |
BBgBarc Interm Credit Idx USD | 24.00% |
BBgBarc US Long Government/Credit | 40.00% |
BBgBarc US MBS USD | 8.00% |
Bloomberg ABS TR USD | 4.00% |
Bloomberg CMBS IG Elig for US Agg TR USD | 8.00% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Carly Wilson | 14.82 yrs |
David Delbos | 14.82 yrs |
Mitchell Garfin | 14.82 yrs |