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

$9.37
+0.14 (+1.52 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$8.98
Now: $9.37
$9.59
50-Day Range
$7.59
MA: $11.57
$13.21
52-Week Range
$7.20
Now: $9.37
$13.30
Volume303,317 shs
Average Volume115,477 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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable

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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 COVID-19 (Coronavirus)?

BlackRock Floating Rate Income Trust's stock was trading at $11.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BGT shares have decreased by 15.4% and is now trading at $9.37. View which stocks have been mosted impacted by Coronavirus.

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 announced a monthly dividend on Monday, March 2nd. Stockholders of record on Monday, March 16th will be given a dividend of $0.076 per share on Tuesday, March 31st. This represents a $0.91 annualized dividend and a yield of 9.73%. The ex-dividend date of this dividend is Friday, March 13th. View BlackRock Floating Rate Income Trust's dividend history.

Has BlackRock Floating Rate Income Trust been receiving favorable news coverage?

Press coverage about BGT stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BlackRock Floating Rate Income Trust earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the investment management company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutBlackRock Floating Rate Income Trust.

Are investors shorting BlackRock Floating Rate Income Trust?

BlackRock Floating Rate Income Trust saw a decrease in short interest in March. As of March 13th, there was short interest totaling 7,400 shares, a decrease of 81.2% from the February 27th total of 39,400 shares. Based on an average daily trading volume, of 90,800 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold. View BlackRock Floating Rate Income Trust's Current Options Chain.

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

What other stocks do shareholders of BlackRock Floating Rate Income Trust own?

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

BlackRock Floating Rate Income Trust's management team includes the following people:
  • Mr. John M. Perlowski, Chief Exec. Officer and Pres (Age 55)
  • Mr. Neal J. Andrews, Chief Financial Officer (Age 53)
  • Mr. Charles Choon Sik Park, Chief Compliance Officer and Anti-Money Laundering Officer (Age 52)
  • Mr. Mark J. Williams, Managing Director and Portfolio Mang.
  • Mr. Jay M. Fife, Treasurer (Age 49)

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 shareholders include Guggenheim Capital LLC (0.00%), Advisors Asset Management Inc. (0.00%), Rivernorth Capital Management LLC (0.00%), Bank of America Corp DE (0.00%), Chapwood Capital Investment Management LLC (0.00%) and UBS Group AG (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 institutional 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, Guggenheim Capital LLC, CNH Partners LLC, Cohen & Steers Inc., Cambridge Investment Research Advisors Inc., Stifel Financial Corp, ProVise Management Group LLC, and Matisse Capital. View insider buying and selling activity for BlackRock Floating Rate Income Trust.

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

BGT stock was acquired by a variety of institutional investors in the last quarter, including Chapwood Capital Investment Management LLC, UBS Group AG, Advisors Asset Management Inc., Samalin Investment Counsel LLC, Ladenburg Thalmann Financial Services Inc., Shulman DeMeo Asset Management LLC, Jane Street Group LLC, and Virtus ETF Advisers 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 $9.37.

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

The official website for BlackRock Floating Rate Income Trust is http://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.


MarketBeat Community Rating for BlackRock Floating Rate Income Trust (NYSE BGT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  121 (Vote Outperform)
Underperform Votes:  116 (Vote Underperform)
Total Votes:  237
MarketBeat's community ratings are surveys of what our community members think about BlackRock Floating Rate Income Trust and other stocks. Vote "Outperform" if you believe BGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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