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NYSE:BGT

BlackRock Floating Rate Income Trust Stock Forecast, Price & News

$11.81
-0.01 (-0.08 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$11.79
Now: $11.81
$11.87
50-Day Range
$11.00
MA: $11.44
$11.85
52-Week Range
$7.20
Now: $11.81
$13.30
Volume26,315 shs
Average Volume90,079 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.06%
BetaN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.50 out of 5 stars


Industry, Sector and Symbol

Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
CUSIPN/A
Phone302-797-2000
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Next Earnings DateN/A
OptionableNot Optionable
$11.81
-0.01 (-0.08 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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BlackRock Floating Rate Income Trust (NYSE:BGT) Frequently Asked Questions

How has BlackRock Floating Rate Income Trust's stock been impacted by Coronavirus?

BlackRock Floating Rate Income Trust's stock was trading at $11.07 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BGT stock has increased by 6.7% and is now trading at $11.81.
View which stocks have been most impacted by COVID-19
.

What stocks does MarketBeat like better than BlackRock Floating Rate Income Trust?

Wall Street analysts have given BlackRock Floating Rate Income Trust a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but BlackRock Floating Rate Income Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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, November 2nd. Shareholders of record on Monday, November 16th will be paid a dividend of $0.076 per share on Monday, November 30th. This represents a $0.91 dividend on an annualized basis and a yield of 7.72%. The ex-dividend date of this dividend is Friday, November 13th.
View BlackRock Floating Rate Income Trust's dividend history
.

Are investors shorting BlackRock Floating Rate Income Trust?

BlackRock Floating Rate Income Trust saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 11,000 shares, an increase of 29.4% from the September 30th total of 8,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
View BlackRock Floating Rate Income Trust's Short Interest
.

Who are some of BlackRock Floating Rate Income Trust's key competitors?

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), The Blackstone Group (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).

Who are BlackRock Floating Rate Income Trust's key executives?

BlackRock Floating Rate Income Trust's management team includes the following people:
  • Mr. Charles Choon Sik Park, Chief Compliance Officer and Anti-Money Laundering Officer (Age 53)
  • Mr. Mark J. Williams, Portfolio Mang.
  • Mr. James Edward Keenan C.F.A., CFA, Portfolio Mang. (Age 44)
  • Mr. C. Adrian Marshall, Portfolio Mang.
  • Mr. Joshua Tarnow, Portfolio Mang.

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 a number of institutional and retail investors. Top institutional investors include Saba Capital Management L.P. (0.00%), Guggenheim Capital LLC (0.00%), Advisors Asset Management Inc. (0.00%), Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%) and ProVise Management Group LLC (0.00%). Company insiders that own BlackRock Floating Rate Income Trust stock include Henry Gabbay and May Peter.
View institutional ownership trends for BlackRock Floating Rate Income Trust
.

Which major investors are selling BlackRock Floating Rate Income Trust stock?

BGT stock was sold by a variety of institutional investors in the last quarter, including Rivernorth Capital Management LLC, Capital Investment Advisors LLC, RMB Capital Management LLC, Wells Fargo & Company MN, Raymond James & Associates, Virtus ETF Advisers LLC, Envestnet Asset Management Inc., and Guggenheim Capital LLC.
View insider buying and selling activity for BlackRock Floating Rate Income Trust
.

Which major investors are buying BlackRock Floating Rate Income Trust stock?

BGT stock was bought by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., Morgan Stanley, Kestra Private Wealth Services LLC, CNH Partners LLC, and Park Avenue Securities LLC.
View insider buying and selling activity for BlackRock Floating Rate Income Trust
.

How do I buy shares of BlackRock Floating Rate Income Trust?

Shares of BGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is BlackRock Floating Rate Income Trust's stock price today?

One share of BGT stock can currently be purchased for approximately $11.81.

What is BlackRock Floating Rate Income Trust's official website?

The official website for BlackRock Floating Rate Income Trust is www.blackrock.com.

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 investment management company can be reached via phone at 302-797-2000.

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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