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.
Industry, Sector and Symbol
Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
SectorMiscellaneous
Phone302-797-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
BlackRock Floating Rate Income Trust (NYSE:BGT) Frequently Asked Questions
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."
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, February 4th. Stockholders of record on Friday, February 15th will be paid a dividend of $0.0618 per share on Thursday, February 28th. This represents a $0.74 annualized dividend and a dividend yield of 6.05%. The ex-dividend date is Thursday, February 14th. This is an increase from BlackRock Floating Rate Income Trust's previous monthly dividend of $0.06. View BlackRock Floating Rate Income Trust's Dividend History.
Has BlackRock Floating Rate Income Trust been receiving favorable news coverage?
Media headlines about BGT stock have trended neutral on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. BlackRock Floating Rate Income Trust earned a news impact score of 0.3 on InfoTrie's scale. They also gave news stories about the investment management company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future.
Who are some of BlackRock Floating Rate Income Trust's key competitors?
Some companies that are related to BlackRock Floating Rate Income Trust include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), Advent Claymore Convertible Secrts &IFII (AGC), Alliance California Municipal IncmFndInc (AKP), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC) and BLACKROCK 2022/COM (BGIO).
Who are BlackRock Floating Rate Income Trust's key executives?
BlackRock Floating Rate Income Trust's management team includes the folowing 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)
Who are BlackRock Floating Rate Income Trust's major shareholders?
BlackRock Floating Rate Income Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include 1607 Capital Partners LLC (0.00%), Financial & Investment Management Group Ltd. (0.00%), Advisors Asset Management Inc. (0.00%), Bank of America Corp DE (0.00%), Relative Value Partners Group LLC (0.00%) and Jaffetilchin Investment Partners LLC (0.00%). 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 Rockland Trust Co., Commonwealth Equity Services LLC, Bank of America Corp DE, Nwam LLC, Stephens Inc. AR, Advisors Asset Management Inc., Cambridge Investment Research Advisors Inc. and PNC Financial Services Group Inc.. View Insider Buying and Selling for BlackRock Floating Rate Income Trust.
Which major investors are buying BlackRock Floating Rate Income Trust stock?
BGT stock was purchased by a variety of institutional investors in the last quarter, including Financial & Investment Management Group Ltd., 1607 Capital Partners LLC, Relative Value Partners Group LLC, Virtu Financial LLC, Shaker Financial Services LLC, Q Global Advisors LLC, Stifel Financial Corp and Jaffetilchin Investment Partners LLC. View Insider Buying and Selling 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, Scottrade, 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 $12.25.
What is BlackRock Floating Rate Income Trust's official website?
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)
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.
