Blackrock Floating Rate Income Trust (BGT)
10.89
-0.08
(-0.73%)
USD |
NYSE |
Mar 28, 16:00
10.91
+0.02
(+0.18%)
Pre-Market: 20:00
Key Stats
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 2.20% | -12.95% | 279.19M | 110522.1 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 7.94% | 16.00% | -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.The Trust will pursue its objectives by investing in a global portfolio of floating rate securities, including investing a significant amount in U.S. and non-U.S. senior secured floating rate loans. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL 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 | |
| Abigail Apistolas | 13.82 yrs |
| Carly Wilson | 13.82 yrs |
| David Delbos | 13.82 yrs |
| James Keenan | 13.82 yrs |
| Mitchell Garfin | 13.82 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
20
-14.03M
-3.380B
Category Low
375.28M
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of January 31, 2012
Risk
Performance Versus Category
As of March 28, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 28, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
REALPAGE INC
|
1.34% | -- | -- |
|
GALDERMA(SUNSHINE LUX)/NESTLE
|
1.31% | -- | -- |
|
DUFF & PHELPS / DEERFIELD DAKOTA H
|
1.29% | -- | -- |
|
PERATON CORP
|
1.25% | -- | -- |
|
INMARSAT PLC / CONNECT US FINCO
|
1.25% | -- | -- |
|
TEMPO ACQUISITION(ALIGHT SOLUTION)
|
1.08% | -- | -- |
|
GENESYS (GREENEDEN US HOLDINGS)
|
0.95% | -- | -- |
|
Sophia Lp (Ellucian)
|
0.94% | -- | -- |
|
MEDLINE / MOZART BORROWER LP
|
0.93% | -- | -- |
|
ZAYO GROUP HOLDING / FRONT RANGE
|
0.92% | -- | -- |
News
Headline
Wire
Time (ET)
Business Wire
09/01 17:00
Business Wire
08/31 16:30
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.The Trust will pursue its objectives by investing in a global portfolio of floating rate securities, including investing a significant amount in U.S. and non-U.S. senior secured floating rate loans. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL 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 | |
| Abigail Apistolas | 13.82 yrs |
| Carly Wilson | 13.82 yrs |
| David Delbos | 13.82 yrs |
| James Keenan | 13.82 yrs |
| Mitchell Garfin | 13.82 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-28-23) | 7.94% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (4-6-11) | Upgrade |
| Number of Holdings | Upgrade |
| Bond | |
| Current Yield | 7.04% |
| Yield to Maturity | -- |
| Effective Duration | -- |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | -- |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 8/30/2004 |
| Last Annual Report Date | 12/31/2022 |
| Last Prospectus Date | 6/25/2004 |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Business Wire
09/01 17:00
Business Wire
08/31 16:30