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BlackRock Floating Rate Income Trust (BGT)

Financial Services | Asset Management | New York, United States | NYSE
10.66 USD -0.03 (-0.281%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 10.66
Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take ↕ | July 11, 2026, 5:02 a.m. EDT

The immediate outlook is flat due to the asset's nature as a floating-rate trust; the recent price action shows a tight range near the fifty-two-week low, offering no clear directional edge for a short-term trade. While the headline yield is exceptionally high at 13.5%, this is a mathematical artifact of the depressed share price rather than a sign of a robust business generating excess cash. The underlying fundamentals are deteriorating, with negative earnings and revenue growth, and the company is operating with a precarious balance sheet indicated by a current ratio well below 0.1. Consequently, the long-term investment case is weak, as the business is shrinking and the market has already priced in significant distress, making the high yield a compensation for substantial capital risk rather than a sustainable income stream.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_126 ✓0.019333
MSTL_1260.020417
AutoTheta0.024619
AutoETS0.025103
AutoARIMA0.025315
MSTL_790.026971
MSTL0.028918

Forecast horizon: 60 days | Selected: MSTL_79_126

Forecast Reliability
Score 60%
H-stat 13.36
Ljung-Box p 0.000
Jarque-Bera p 0.310
Excess Kurtosis -0.91
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-14
Last Dividend Date 2026-06-14
Debt to Equity Ratio 20.237
Revenue per Share 1.048
Market Cap 317,931,520
Trailing P/E 15.01
Beta 0.46
Profit Margins 62.18%
Website https://www.blackrock.com/investing/products/240195/blackrock-floating-rate-income-trust-usd-fund

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.12% 12.55% 11.41% 10.07%
Dividend History
Date Dividend Yield %
2026-06-15 0.120 1.123595
2026-05-15 0.120 1.101928
2026-04-15 0.120 1.095890
2026-03-13 0.120 1.127820
2026-02-13 0.120 1.059135
2026-01-20 0.120 1.044386
2025-12-22 0.120 1.060071
2025-11-14 0.120 1.049869
2025-10-15 0.120 1.000000
2025-09-15 0.120 0.966962
2025-08-15 0.120 0.966962
2025-07-15 0.120 0.956175
2025-06-13 0.120 0.950872
2025-05-15 0.120 0.964630
2025-04-15 0.120 1.014370
2025-03-14 0.120 0.953137
2025-02-14 0.120 0.938233
2025-01-15 0.120 0.950872
2024-12-16 0.120 0.895522
2024-11-15 0.120 0.920245
2024-10-15 0.120 0.927357
2024-09-16 0.120 0.928793
2024-08-15 0.120 0.929512
2024-07-15 0.120 0.909780
2024-06-14 0.120 0.937500
2024-05-14 0.120 0.884956
2024-04-12 0.120 0.936037
2024-03-14 0.120 0.907030
2024-02-14 0.120 0.943396
2024-01-11 0.120 0.990917
2023-12-14 0.120 0.985222
2023-11-14 0.114 0.954774
2023-10-13 0.114 0.953177
2023-09-14 0.114 0.937500
2023-08-14 0.114 0.956376
2023-07-13 0.114 0.982759
2023-06-14 0.114 1.003521
2023-05-12 0.108 0.961710
2023-04-13 0.108 0.954064
2023-03-14 0.108 0.978261
2023-02-14 0.078 0.670103
2023-01-12 0.078 0.689046
2022-12-14 0.078 0.707162
2022-11-14 0.078 0.698299
2022-10-13 0.078 0.728972
2022-09-14 0.065 0.576752
2022-08-12 0.065 0.534100
2022-07-14 0.065 0.565217
2022-06-14 0.065 0.581395
2022-05-13 0.065 0.584532
2022-04-13 0.065 0.519584
2022-03-14 0.065 0.549915
2022-02-14 0.065 0.489090
2021-12-30 0.065 0.458069
2021-12-14 0.065 0.472384
2021-11-12 0.065 0.471698
2021-10-14 0.065 0.480769
2021-09-14 0.065 0.490937
2021-08-13 0.065 0.496183
2021-07-14 0.065 0.500770
2021-06-14 0.065 0.512214
2021-05-13 0.065 0.512618
2021-04-14 0.065 0.522088
2021-03-12 0.065 0.522928
2021-02-12 0.065 0.525040
2020-12-30 0.065 0.550381
2020-12-14 0.065 0.550847
2020-11-13 0.076 0.652921
2020-10-14 0.076 0.663755
2020-09-14 0.076 0.669014
2020-08-13 0.076 0.673759
2020-07-14 0.076 0.694064
2020-06-12 0.076 0.698529
2020-05-14 0.076 0.736434
2020-04-14 0.076 0.713615
2020-03-13 0.076 0.725191
2020-02-13 0.076 0.583717
2019-12-30 0.076 0.591440
2019-12-13 0.076 0.607029
2019-11-14 0.076 0.610442
2019-10-11 0.076 0.623462
2019-09-13 0.067 0.547386
2019-08-14 0.067 0.547833
2019-07-12 0.067 0.538585
2019-06-13 0.062 0.501213
2019-05-14 0.062 0.496795
2019-04-12 0.062 0.497193
2019-03-14 0.062 0.497592
2019-02-14 0.062 0.511551
2018-12-28 0.104 0.901995
2018-12-12 0.062 0.508614
2018-11-14 0.062 0.487805
2018-10-12 0.062 0.484754
2018-09-13 0.062 0.472561
2018-08-14 0.062 0.471483
2018-07-13 0.062 0.472921
2018-06-14 0.058 0.440061
2018-05-14 0.058 0.430906
2018-04-13 0.058 0.424597
2018-03-14 0.058 0.418470
2018-02-14 0.058 0.423977
2017-12-28 0.058 0.419378
2017-12-11 0.058 0.420290
2017-11-14 0.058 0.418773
2017-10-13 0.058 0.411639
2017-09-14 0.058 0.424287
2017-08-11 0.058 0.422125
2017-07-12 0.058 0.418169
2017-06-13 0.058 0.407018
2017-05-11 0.058 0.401940
2017-04-11 0.058 0.398900
2017-03-13 0.058 0.404181
2017-02-13 0.058 0.402778
2016-12-28 0.125 0.884643
2016-12-08 0.058 0.423358
2016-11-10 0.058 0.437736
2016-10-12 0.058 0.426157
2016-09-13 0.058 0.440395
2016-08-11 0.058 0.443425
2016-07-13 0.058 0.444444
2016-06-13 0.058 0.445127
2016-05-12 0.058 0.447876
2016-04-13 0.058 0.459224
2016-03-11 0.058 0.461049
2016-02-11 0.058 0.491525
2015-12-29 0.058 0.470016
2015-12-10 0.058 0.466989
2015-11-12 0.058 0.470016
2015-10-13 0.058 0.458861
2015-09-11 0.065 0.505837
2015-08-12 0.065 0.503096
2015-07-13 0.065 0.495427
2015-06-11 0.065 0.492051
2015-05-13 0.065 0.486891
2015-04-13 0.065 0.485075
2015-03-11 0.065 0.485075
2015-02-11 0.065 0.495427
2014-12-29 0.099 0.775254
2014-12-10 0.065 0.501157
2014-11-12 0.065 0.493921
2014-10-10 0.065 0.479705
2014-09-11 0.070 0.506879
2014-08-13 0.070 0.509091
2014-07-11 0.070 0.494350
2014-06-12 0.070 0.498575
2014-05-13 0.070 0.504686
2014-04-11 0.070 0.500357
2014-03-12 0.070 0.495751
2014-02-12 0.073 0.522548
2013-12-27 0.073 0.520314
2013-12-11 0.073 0.521056
2013-11-13 0.072 0.517241
2013-10-11 0.072 0.510638
2013-09-12 0.073 0.511921
2013-08-13 0.072 0.475248
2013-07-11 0.072 0.478405
2013-06-12 0.077 0.520974
2013-05-13 0.077 0.478261
2013-04-11 0.077 0.501956
2013-03-13 0.077 0.497738
2013-02-13 0.077 0.485804
2012-12-27 0.135 0.881777
2012-12-12 0.077 0.507581
2012-11-13 0.078 0.531697
2012-10-11 0.078 0.508143
2012-09-12 0.078 0.524899
2012-08-13 0.078 0.545073
2012-07-12 0.078 0.547368
2012-06-13 0.078 0.552799
2012-05-11 0.078 0.538302
2012-04-12 0.078 0.561151
2012-03-13 0.078 0.558739
2012-02-13 0.078 0.563177
2011-12-28 0.243 1.748201
2011-12-12 0.078 0.591806
2011-11-10 0.078 0.595875
2011-10-12 0.078 0.615142
2011-09-13 0.078 0.592255
2011-08-11 0.078 0.600000
2011-07-13 0.078 0.522088
2011-06-13 0.078 0.515192
2011-05-12 0.078 0.487500
2011-04-13 0.078 0.508143
2011-03-11 0.078 0.491803
2011-02-11 0.075 0.463249
2010-12-29 0.245 1.483949
2010-12-13 0.075 0.477403
2010-11-10 0.073 0.485695
2010-10-13 0.073 0.481848
2010-09-13 0.073 0.492578
2010-08-12 0.070 0.491918
2010-07-13 0.070 0.495751
2010-06-11 0.070 0.519673
2010-05-12 0.068 0.477864
2010-04-13 0.068 0.442997
2010-03-11 0.068 0.479549
2010-02-10 0.068 0.466073
2009-12-29 0.068 0.480905
2009-12-11 0.068 0.480565
2009-11-10 0.068 0.528771
2009-10-13 0.068 0.533333
2009-09-11 0.068 0.579710
2009-08-12 0.075 0.641574
2009-07-13 0.075 0.676285
2009-06-11 0.075 0.692521
2009-05-13 0.100 1.020408
2009-04-13 0.100 1.021450
2009-03-12 0.100 1.149425
2009-02-11 0.100 1.022495
2008-12-29 0.652 7.922236
2008-12-11 0.100 1.338688
2008-11-12 0.100 1.098901
2008-10-10 0.105 1.230950
2008-09-11 0.105 0.782414
2008-08-13 0.105 0.760870
2008-07-11 0.105 0.746799
2008-06-12 0.105 0.692612
2008-05-13 0.125 0.801796
2008-04-11 0.125 0.853242
2008-03-12 0.125 0.876578
2008-02-13 0.125 0.876578
2007-12-27 0.125 0.798722
2007-12-11 0.125 0.779302
2007-11-13 0.125 0.784683
2007-10-11 0.125 0.694059
2007-09-12 0.125 0.699496
2007-08-13 0.125 0.734430
2007-07-12 0.125 0.639059
2007-06-13 0.125 0.647668
2007-05-11 0.125 0.636780
2007-04-12 0.125 0.641684
2007-03-13 0.125 0.670961
2007-02-13 0.125 0.638081
2006-12-22 0.125 0.652061
2006-12-13 0.125 0.652742
2006-11-13 0.125 0.658588
2006-10-12 0.125 0.686059
2006-09-13 0.125 0.656858
2006-08-11 0.125 0.666311
2006-07-12 0.125 0.662427
2006-06-13 0.125 0.677507
2006-05-11 0.115 0.644258
2006-04-12 0.115 0.635710
2006-03-13 0.115 0.622631
2006-02-13 0.115 0.626362
2005-12-23 0.149 0.879575
2005-12-13 0.115 0.674883
2005-11-10 0.105 0.612245
2005-10-12 0.105 0.601030
2005-09-13 0.097 0.542809
2005-08-11 0.093 0.521593
2005-07-13 0.093 0.520425
2005-06-13 0.093 0.536952
2005-05-12 0.093 0.528709
2005-04-13 0.093 0.516093
2005-03-11 0.093 0.488445
2005-02-11 0.093 0.485640
2004-12-28 0.093 0.505710
2004-12-13 0.093 0.500000
2004-11-10 0.093 0.485640
2004-10-21 0.093 0.482365
Additional Data
dividendRate 1.44
dividendYield 13.5
exDividendDate 2026-07-15
trailingAnnualDividendRate 1.443
trailingAnnualDividendYield 0.13498597
lastDividendValue 0.12
lastDividendDate 2026-06-15
dividendDate 2019-01-09

Info Dump

Attribute Value
52 Week Change -0.14548361
Address1 50 Hudson Yards
All Time High 20.21
All Time Low 6.56
Ask 0.0
Ask Size 100
Average Daily Volume10 Day 103,480
Average Daily Volume3 Month 102,800
Average Volume 102,800
Average Volume10Days 103,480
Beta 0.463
Bid 0.0
Bid Size 100
Book Value 11.838
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.66
Current Ratio 0.047
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 10.72
Day Low 10.65
Debt To Equity 20.237
Dividend Date 1,546,992,000
Dividend Rate 1.44
Dividend Yield 13.5
Earnings Growth -0.26
Earnings Quarterly Growth -0.135
Earnings Timestamp End 1,725,539,400
Earnings Timestamp Start 1,725,539,400
Ebitda Margins 0.0
Eps Trailing Twelve Months 0.71
Esg Populated 0
Ex Dividend Date 1,784,073,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 212 810 5801
Fifty Day Average 10.7724
Fifty Day Average Change -0.112400055
Fifty Day Average Change Percent -0.010434077
Fifty Two Week Change Percent -14.548361
Fifty Two Week High 12.75
Fifty Two Week High Change -2.0900002
Fifty Two Week High Change Percent -0.16392158
Fifty Two Week Low 10.22
Fifty Two Week Low Change 0.43999958
Fifty Two Week Low Change Percent 0.043052796
Fifty Two Week Range 10.22 - 12.75
Financial Currency USD
First Trade Date Milliseconds 1,093,872,600,000
Five Year Avg Dividend Yield 9.46
Free Cashflow 17,288,440
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 31,247,848
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.35146
Implied Shares Outstanding 29,824,720
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,781,481,600
Last Dividend Value 0.12
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name BlackRock Floating Rate Income Trust
Market us_market
Market Cap 317,931,520
Market State PREPRE
Max Age 86,400
Message Board Id finmb_9763143
Most Recent Quarter 1,767,139,200
Net Income To Common 19,428,220
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 317,931,515
Open 10.68
Operating Cashflow -23,546,808
Operating Margins 0.89379
Payout Ratio 2.0328999
Phone 212 810 5300
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 10.66
Post Market Time 1,783,976,700
Previous Close 10.69
Price Hint 2
Price To Book 0.9004899
Price To Sales Trailing12 Months 10.174509
Profit Margins 0.62175
Quick Ratio 0.041
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0299997
Regular Market Change Percent -0.280634
Regular Market Day High 10.72
Regular Market Day Low 10.65
Regular Market Day Range 10.65 - 10.72
Regular Market Open 10.68
Regular Market Previous Close 10.69
Regular Market Price 10.66
Regular Market Time 1,783,972,802
Regular Market Volume 83,471
Return On Assets 0.04185
Return On Equity 0.05766
Revenue Growth -0.044
Revenue Per Share 1.048
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 29,824,720
Shares Percent Shares Out 0.0014
Shares Short 42,946
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 87,098
Short Name BlackRock Floating Rate Income
Short Percent Of Float 0.0014
Short Ratio 0.37
Source Interval 15
State NY
Symbol BGT
Total Debt 71,446,224
Total Revenue 31,247,848
Tradeable 0
Trailing Annual Dividend Rate 1.443
Trailing Annual Dividend Yield 0.13498597
Trailing Eps 0.71
Trailing P E 15.014085
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.204
Two Hundred Day Average Change -0.5440006
Two Hundred Day Average Change Percent -0.04855414
Type Disp Equity
Volume 83,471
Website https://www.blackrock.com/investing/products/240195/blackrock-floating-rate-income-trust-usd-fund
Zip 10,001