NYSE:BGT

BlackRock Floating Rate Income Trust - BGT Stock Forecast, Price & News

$11.92

-0.07 (-0.58%)

(As of 08/17/2022 12:00 AM ET)

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Today's Range: $11.90
▼
$11.99
50-Day Range: $10.80
▼
$12.17
52-Week Range: $10.78
▼
$14.74

Volume: 49,878 shs
Average Volume: 91,097 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 0.06%
Price Target: N/A

About BlackRock Floating Rate Income Trust (NYSE:BGT) Stock

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.

BlackRock Floating Rate Income Trust Stock Performance

Shares of BlackRock Floating Rate Income Trust stock opened at $11.99 on Wednesday. BlackRock Floating Rate Income Trust has a one year low of $10.78 and a one year high of $14.74. The firm has a fifty day moving average of $11.42 and a two-hundred day moving average of $12.00.

BlackRock Floating Rate Income Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be issued a $0.065 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 6.51%. The ex-dividend date is Friday, August 12th. This is a positive change from BlackRock Floating Rate Income Trust's previous monthly dividend of $0.06.

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BGT Stock News Headlines

August 8, 2022 | seekingalpha.com

BGT: Floating Rate Debt Continues To Serve As A Hedge Against Rising Rates

April 27, 2022 | seekingalpha.com

BGT: Value Re-Appears In This Floating Rate CEF

February 7, 2022 | seekingalpha.com

BlackRock Floating Rate Income Trust declares $0.0647 dividend

April 18, 2021 | sg.finance.yahoo.com

BlackRock Floating Rate Income (XFRAX)

December 20, 2020 | seekingalpha.com

Voya Prime Rate Trust: Prime For Opportunity

March 12, 2020 | seekingalpha.com

BlackRock Floating Rate Income Trust goes ex-dividend tomorrow

September 14, 2019 | finance.yahoo.com

BlackRock Floating Rate Income Trust (BGT)

March 19, 2019 | www.thestreet.com

BlackRock Floating Rate Income Trust of Benef Interest

March 14, 2019 | seekingalpha.com

BGT: 6% Yielding Senior Loan Fund Has 107% Coverage, Attractive Valuation, And Low Expense Ratio

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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BGT Company Calendar

Ex-Dividend for 7/29 Dividend: 7/14/2022
Dividend Payable: 7/29/2022
Ex-Dividend for 8/31 Dividend: 8/12/2022
Today: 8/17/2022
Dividend Payable: 8/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment Trusts/Mutual Funds
Sub-Industry: N/A
Sector: Miscellaneous
Current Symbol: NYSE:BGT
CUSIP: N/A
CIK: 1287480
Web: www.blackrock.com
Phone: (800) 882-0052
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Charles Choon Sik Park (Age 55)
Chief Compliance Officer and Anti-Money Laundering Officer
Mr. Mark J. Williams
Portfolio Mang.
Mr. James Edward Keenan C.F.A. (Age 46)
CFA, Portfolio Mang.
Mr. C. Adrian Marshall
Portfolio Mang.
Mr. Joshua Tarnow
Portfolio Mang.

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BGT Stock - Frequently Asked Questions

How have BGT shares performed in 2022?: BlackRock Floating Rate Income Trust's stock was trading at $13.99 at the beginning of 2022. Since then, BGT stock has decreased by 14.8% and is now trading at $11.92.
View the best growth stocks for 2022 here.
Are investors shorting BlackRock Floating Rate Income Trust?: BlackRock Floating Rate Income Trust saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 43,300 shares, a decrease of 39.3% from the July 15th total of 71,300 shares. Based on an average daily volume of 93,500 shares, the days-to-cover ratio is currently 0.5 days.
View BlackRock Floating Rate Income Trust's Short Interest.
How often does BlackRock Floating Rate Income Trust pay dividends? What is the dividend yield for BlackRock Floating Rate Income Trust?: BlackRock Floating Rate Income Trust declared a monthly dividend on Monday, August 1st. Shareholders of record on Monday, August 15th will be paid a dividend of $0.065 per share on Wednesday, August 31st. This represents a $0.78 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date of this dividend is Friday, August 12th. This is a boost from the stock's previous monthly dividend of $0.06.
Read our dividend analysis for BGT.
Is BlackRock Floating Rate Income Trust a good dividend stock?: BlackRock Floating Rate Income Trust (NYSE:BGT) pays an annual dividend of $0.74 per share and currently has a dividend yield of 0.06%.
Read our dividend analysis for BGT.

What other stocks do shareholders of BlackRock Floating Rate Income Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock Floating Rate Income Trust investors own include Philip Morris International (PM), AT&T (T), Blackstone (BX), Citigroup (C), Energy Transfer (ET), Main Street Capital (MAIN), Pembina Pipeline (PBA), Pfizer (PFE), PIMCO Corporate & Income Opportunity Fund (PTY) and Verizon Communications (VZ).
What is BlackRock Floating Rate Income Trust's stock symbol?: BlackRock Floating Rate Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGT."
Who are BlackRock Floating Rate Income Trust's major shareholders?: BlackRock Floating Rate Income Trust's stock is owned by many different institutional and retail investors. Top institutional investors include UBS Group AG (0.00%), Advisors Asset Management Inc. (0.00%), Wagner Wealth Management LLC (0.00%), Waterfront Wealth Inc. (0.00%), Shaker Financial Services LLC (0.00%) and Wolverine Asset Management LLC (0.00%).
View institutional ownership trends.
How do I buy shares of BlackRock Floating Rate Income Trust?: Shares of BGT stock 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.
Compare Top Brokerages Here.
What is BlackRock Floating Rate Income Trust's stock price today?: One share of BGT stock can currently be purchased for approximately $11.92.
How can I contact BlackRock Floating Rate Income Trust?: BlackRock Floating Rate Income Trust's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The official website for the company is www.blackrock.com. The investment management company can be reached via phone at (800) 882-0052.

This page (NYSE:BGT) was last updated on 8/18/2022 by MarketBeat.com Staff

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