NYSE:BGT

BlackRock Floating Rate Income Trust (BGT) Stock Price, News & Analysis

$13.56
+0.25 (+1.88%)
(As of 05/14/2024 ET)
Today's Range
$13.29
$13.56
50-Day Range
$12.69
$13.56
52-Week Range
$10.95
$13.56
Volume
96,058 shs
Average Volume
101,621 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
10.32%
Price Target
N/A
BGT stock logo

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

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.

BGT Stock Price History

BGT Stock News Headlines

BlackRock Floating Rate Income Trust (BGT)
BGT BlackRock Floating Rate Income Trust Fund
BlackRock Floating Rate Income Trust
BGT: The Glory Days For Floaters May Be Ending
FRA And BGT: Distribution Boosts And Wide Discounts
BlackRock Floating Rate Income Trust Fund
BGT: Value Re-Appears In This Floating Rate CEF
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/12/2024
Dividend Payable
4/30/2024
Ex-Dividend for 5/31 Dividend
5/14/2024
Today
5/15/2024
Dividend Payable
5/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$39.39 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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BGT Stock Analysis - Frequently Asked Questions

How have BGT shares performed in 2024?

BlackRock Floating Rate Income Trust's stock was trading at $12.38 at the start of the year. Since then, BGT shares have increased by 9.5% and is now trading at $13.56.
View the best growth stocks for 2024 here
.

Are investors shorting BlackRock Floating Rate Income Trust?

BlackRock Floating Rate Income Trust saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 64,100 shares, a decline of 56.7% from the April 15th total of 147,900 shares. Based on an average daily volume of 91,900 shares, the short-interest ratio is presently 0.7 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 Wednesday, May 1st. Stockholders of record on Wednesday, May 15th will be paid a dividend of $0.12 per share on Friday, May 31st. This represents a $1.44 dividend on an annualized basis and a yield of 10.62%. The ex-dividend date is Tuesday, May 14th.
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 $1.40 per share and currently has a dividend yield of 0.06%.
Read our dividend analysis for BGT.

What ETF holds BlackRock Floating Rate Income Trust's stock?

Virtus Private Credit Strategy ETF holds 49,311 shares of BGT stock, representing 1.42% of its portfolio.

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).

Who are BlackRock Floating Rate Income Trust's major shareholders?

BlackRock Floating Rate Income Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Graypoint LLC (0.00%), ProVise Management Group LLC (0.00%), Global Retirement Partners LLC (0.00%), MONECO Advisors LLC (0.00%) and Avantax Advisory Services Inc. (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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BGT) was last updated on 5/15/2024 by MarketBeat.com Staff

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