BlackRock Floating Rate Income Trust (BGT) Competitors

$13.20
-0.48 (-3.51%)
(As of 01:55 PM ET)

BGT vs. AGD, AWP, THQ, ACP, THW, AVK, AFB, FINS, AFT, and AIF

Should you be buying BlackRock Floating Rate Income Trust stock or one of its competitors? The main competitors of BlackRock Floating Rate Income Trust include Abrdn Global Dynamic Dividend Fund (AGD), abrdn Global Premier Properties Fund (AWP), Abrdn Healthcare Opportunities Fund (THQ), Abrdn Income Credit Strategies Fund (ACP), Abrdn World Healthcare Fund (THW), Advent Convertible and Income Fund (AVK), AllianceBernstein National Municipal Income Fund (AFB), Angel Oak Financial Strategies Income Term Trust (FINS), Apollo Senior Floating Rate Fund (AFT), and Apollo Tactical Income Fund (AIF). These companies are all part of the "asset management" industry.

BlackRock Floating Rate Income Trust vs.

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) and BlackRock Floating Rate Income Trust (NYSE:BGT) are both financial services companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, profitability, earnings, community ranking, dividends, valuation, media sentiment, analyst recommendations and institutional ownership.

BlackRock Floating Rate Income Trust received 15 more outperform votes than Abrdn Global Dynamic Dividend Fund when rated by MarketBeat users. Likewise, 67.58% of users gave BlackRock Floating Rate Income Trust an outperform vote while only 62.79% of users gave Abrdn Global Dynamic Dividend Fund an outperform vote.

CompanyUnderperformOutperform
Abrdn Global Dynamic Dividend FundOutperform Votes
108
62.79%
Underperform Votes
64
37.21%
BlackRock Floating Rate Income TrustOutperform Votes
123
67.58%
Underperform Votes
59
32.42%

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Abrdn Global Dynamic Dividend Fund$9.11MN/AN/AN/AN/A
BlackRock Floating Rate Income Trust$39.39MN/AN/AN/AN/A

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abrdn Global Dynamic Dividend Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
BlackRock Floating Rate Income Trust
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, BlackRock Floating Rate Income Trust had 1 more articles in the media than Abrdn Global Dynamic Dividend Fund. MarketBeat recorded 1 mentions for BlackRock Floating Rate Income Trust and 0 mentions for Abrdn Global Dynamic Dividend Fund. Abrdn Global Dynamic Dividend Fund's average media sentiment score of 0.50 beat BlackRock Floating Rate Income Trust's score of 0.00 indicating that BlackRock Floating Rate Income Trust is being referred to more favorably in the news media.

Company Net Margins Return on Equity Return on Assets
Abrdn Global Dynamic Dividend FundN/A N/A N/A
BlackRock Floating Rate Income Trust N/A N/A N/A

Abrdn Global Dynamic Dividend Fund pays an annual dividend of $0.78 per share and has a dividend yield of 7.9%. BlackRock Floating Rate Income Trust pays an annual dividend of $1.40 per share and has a dividend yield of 10.6%. BlackRock Floating Rate Income Trust has raised its dividend for 3 consecutive years. BlackRock Floating Rate Income Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

BlackRock Floating Rate Income Trust beats Abrdn Global Dynamic Dividend Fund on 7 of the 7 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BGT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

BGT vs. The Competition

MetricBlackRock Floating Rate Income TrustAsset Management IndustryFinancial SectorNYSE Exchange
Market CapN/A$734.70M$3.00B$17.99B
Dividend Yield0.06%13.33%4.65%3.43%
P/E RatioN/A902.21455.6722.99
Price / SalesN/A13,549.542,506.2610.86
Price / CashN/A78.6448.1915.96
Price / BookN/A1.771.585.05
Net IncomeN/A$45.05M$380.59M$973.44M
7 Day Performance-1.34%0.85%1.03%2.89%
1 Month Performance3.43%4.50%3.77%7.79%
1 Year Performance20.13%5.84%17.09%25.27%

BlackRock Floating Rate Income Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AGD
Abrdn Global Dynamic Dividend Fund
0 of 5 stars
$9.49
+0.2%
N/A+4.9%$0.00$9.11M0.00N/A
AWP
abrdn Global Premier Properties Fund
0 of 5 stars
$3.80
flat
N/A+4.0%$0.00$-15,470,480.000.00N/APositive News
THQ
Abrdn Healthcare Opportunities Fund
0 of 5 stars
$20.00
+0.3%
N/A+10.6%$0.00$54.68M0.00N/A
ACP
Abrdn Income Credit Strategies Fund
0 of 5 stars
$6.76
+0.4%
N/A+4.8%$0.00$31.54M0.00N/APositive News
THW
Abrdn World Healthcare Fund
0 of 5 stars
$12.86
-0.3%
N/A-7.9%$0.00$39.01M0.00N/ANegative News
AVK
Advent Convertible and Income Fund
0 of 5 stars
$12.10
+0.4%
N/A+4.7%$0.00$-3,531,300.000.00N/APositive News
AFB
AllianceBernstein National Municipal Income Fund
0 of 5 stars
$10.73
+0.7%
N/A+4.6%$0.00$-812,101.000.00N/AInsider Buying
News Coverage
FINS
Angel Oak Financial Strategies Income Term Trust
0 of 5 stars
$12.63
+0.1%
N/A+6.6%$0.00$8.53M0.00N/A
AFT
Apollo Senior Floating Rate Fund
0 of 5 stars
$14.54
-0.1%
N/A+19.5%$0.00$38.20M0.00N/A
AIF
Apollo Tactical Income Fund
2.7172 of 5 stars
$14.31
-0.4%
$52.50
+266.9%
+19.7%$0.00$36.81M0.00N/A

Related Companies and Tools

This page (NYSE:BGT) was last updated on 5/20/2024 by MarketBeat.com Staff

From Our Partners