BlackRock Floating Rate Income Trust (BGT) Research
BlackRock Floating Rate Income Trust, an investment vehicle established in the United States on August 30, 2004 (originally known as BlackRock Global Floating Rate Income Trust), operates as a closed-end mutual fund concentrating on fixed income. Jointly managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc., under the umbrella of BlackRock Inc., the Trust strategically allocates capital to fixed income instruments across international markets, with a significant emphasis on opportunities within the United States. Its portfolio primarily comprises corporate bonds issued by companies spanning various sectors. A key characteristic of its investment strategy is maintaining an average effective portfolio duration of no more than 1.5 years.
Market snapshot
- Symbol
- BGT
- Price
- $10.66
- Day change
- +0.28%
- Market cap
- $317.9M
- P/E ratio
- 19.19x
- 52-week range
- 10.22-12.76
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- BlackRock California Municipal Income Trust (BFZ)
- BlackRock Income Trust, Inc. (BKT)
- BlackRock Municipal Income Quality Trust (BYM)
- Eaton Vance Senior Floating-Rate Trust (EFR)
- Eaton Vance Floating-Rate Income Trust (EFT)
- Angel Oak Financial Strategies Income Term Trust (FINS)
- Western Asset High Income Opportunity Fund Inc. (HIO)
- John Hancock Preferred Income Fund II (HPF)
Recent insider activity
- Wilson Carly — A-Award (2967.2489 shares) on 2026-01-30
- Wilson Carly — M-Exempt (2045.9717 shares) on 2026-01-30
- Wilson Carly — M-Exempt (911.3753 shares) on 2026-01-30
- Wilson Carly — M-Exempt (1134.5964 shares) on 2026-01-30
- Wilson Carly — D-Return (2045.9717 shares) on 2026-01-30
Open BlackRock Floating Rate Income Trust (BGT) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.