BlackRock Floating Rate Income Trust (BGT)Financial Services | Asset Management | New York, United States | NYSE
10.95 USD
+0.01
(0.046%)
⇧
(April 17, 2026, 2:28 p.m.
EDT)
Short-term: ★☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆ |
Hot Take | April 11, 2026, 4:19 p.m. EDT
BGT is a closed-end fund focused on floating rate income, with a high dividend yield of 13.04%. However, the recent price history shows a volatile trend with a current price of $11.07, which is near its 52-week low of $10.22. The dividend payments have been consistent at $0.12 per quarter, but there is a risk of sustainability due to the high payout ratio of 2.03. The recent news headlines indicate a negative outlook, suggesting that the fund is under pressure and may not deliver significant returns. The forecasting model stats show a very low predicted price change, which indicates a lack of momentum. Given the high risk and uncertain outlook, it is not advisable to invest in BGT for short-term or long-term purposes. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.027758 |
| MSTL | 0.027760 |
| AutoTheta | 0.032639 |
| AutoARIMA | 0.042071 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 12.58 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.276 |
| Excess Kurtosis | -1.03 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-05-14 |
| Last Dividend Date | 2026-04-14 |
| Debt to Equity Ratio | 20.237 |
| Revenue per Share | 1.048 |
| Market Cap | 326,431,552 |
| Trailing P/E | 15.42 |
| Beta | 0.49 |
| Profit Margins | 62.18% |
| Website | https://www.blackrock.com/investing/products/240195/blackrock-floating-rate-income-trust-usd-fund |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.10% | 12.96% | 13.88% | 12.65% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-15 | 0.120 | 1.095890 |
| 2026-03-13 | 0.120 | 1.140179 |
| 2026-02-13 | 0.120 | 1.082830 |
| 2026-01-20 | 0.120 | 1.079100 |
| 2025-12-22 | 0.120 | 1.106795 |
| 2025-11-14 | 0.120 | 1.107825 |
| 2025-10-15 | 0.120 | 1.066243 |
| 2025-09-15 | 0.120 | 1.041344 |
| 2025-08-15 | 0.120 | 1.051512 |
| 2025-07-15 | 0.120 | 1.049852 |
| 2025-06-13 | 0.120 | 1.054140 |
| 2025-05-15 | 0.120 | 1.079693 |
| 2025-04-15 | 0.120 | 1.146442 |
| 2025-03-14 | 0.120 | 1.088257 |
| 2025-02-14 | 0.120 | 1.081565 |
| 2025-01-15 | 0.120 | 1.106500 |
| 2024-12-16 | 0.120 | 1.052072 |
| 2024-11-15 | 0.120 | 1.090953 |
| 2024-10-15 | 0.120 | 1.109594 |
| 2024-09-16 | 0.120 | 1.121578 |
| 2024-08-15 | 0.120 | 1.133019 |
| 2024-07-15 | 0.120 | 1.119340 |
| 2024-06-14 | 0.120 | 1.164191 |
| 2024-05-14 | 0.120 | 1.109196 |
| 2024-04-12 | 0.120 | 1.183799 |
| 2024-03-14 | 0.120 | 1.157661 |
| 2024-02-14 | 0.120 | 1.214957 |
| 2024-01-11 | 0.120 | 1.288300 |
| 2023-12-14 | 0.120 | 1.293579 |
| 2023-11-14 | 0.114 | 1.266044 |
| 2023-10-13 | 0.114 | 1.275968 |
| 2023-09-14 | 0.114 | 1.266958 |
| 2023-08-14 | 0.114 | 1.304578 |
| 2023-07-13 | 0.114 | 1.353500 |
| 2023-06-14 | 0.114 | 1.395647 |
| 2023-05-12 | 0.108 | 1.350750 |
| 2023-04-13 | 0.108 | 1.352953 |
| 2023-03-14 | 0.108 | 1.400489 |
| 2023-02-14 | 0.078 | 0.968744 |
| 2023-01-12 | 0.078 | 1.002785 |
| 2022-12-14 | 0.078 | 1.036279 |
| 2022-11-14 | 0.078 | 1.030486 |
| 2022-10-13 | 0.078 | 1.083168 |
| 2022-09-14 | 0.065 | 0.863245 |
| 2022-08-12 | 0.065 | 0.804015 |
| 2022-07-14 | 0.065 | 0.855441 |
| 2022-06-14 | 0.065 | 0.884893 |
| 2022-05-13 | 0.065 | 0.894923 |
| 2022-04-13 | 0.065 | 0.800168 |
| 2022-03-14 | 0.065 | 0.851270 |
| 2022-02-14 | 0.065 | 0.761174 |
| 2021-12-30 | 0.065 | 0.716330 |
| 2021-12-14 | 0.065 | 0.742039 |
| 2021-11-12 | 0.065 | 0.744404 |
| 2021-10-14 | 0.065 | 0.762297 |
| 2021-09-14 | 0.065 | 0.782204 |
| 2021-08-13 | 0.065 | 0.794437 |
| 2021-07-14 | 0.065 | 0.805764 |
| 2021-06-14 | 0.065 | 0.828304 |
| 2021-05-13 | 0.065 | 0.833242 |
| 2021-04-14 | 0.065 | 0.852991 |
| 2021-03-12 | 0.065 | 0.858818 |
| 2021-02-12 | 0.065 | 0.866791 |
| 2020-12-30 | 0.065 | 0.913386 |
| 2020-12-14 | 0.065 | 0.919190 |
| 2020-11-13 | 0.076 | 1.095512 |
| 2020-10-14 | 0.076 | 1.121004 |
| 2020-09-14 | 0.076 | 1.137402 |
| 2020-08-13 | 0.076 | 1.153043 |
| 2020-07-14 | 0.076 | 1.195777 |
| 2020-06-12 | 0.076 | 1.211867 |
| 2020-05-14 | 0.076 | 1.286690 |
| 2020-04-14 | 0.076 | 1.255920 |
| 2020-03-13 | 0.076 | 1.285545 |
| 2020-02-13 | 0.076 | 1.042545 |
| 2019-12-30 | 0.076 | 1.062474 |
| 2019-12-13 | 0.076 | 1.096906 |
| 2019-11-14 | 0.076 | 1.109756 |
| 2019-10-11 | 0.076 | 1.140321 |
| 2019-09-13 | 0.067 | 1.007416 |
| 2019-08-14 | 0.067 | 1.013758 |
| 2019-07-12 | 0.067 | 1.002068 |
| 2019-06-13 | 0.062 | 0.937563 |
| 2019-05-14 | 0.062 | 0.933954 |
| 2019-04-12 | 0.062 | 0.939358 |
| 2019-03-14 | 0.062 | 0.944787 |
| 2019-02-14 | 0.062 | 0.976133 |
| 2018-12-28 | 0.104 | 1.730013 |
| 2018-12-12 | 0.062 | 0.984424 |
| 2018-11-14 | 0.062 | 0.948971 |
| 2018-10-12 | 0.062 | 0.947626 |
| 2018-09-13 | 0.062 | 0.928241 |
| 2018-08-14 | 0.062 | 0.930498 |
| 2018-07-13 | 0.062 | 0.937762 |
| 2018-06-14 | 0.058 | 0.876723 |
| 2018-05-14 | 0.058 | 0.862231 |
| 2018-04-13 | 0.058 | 0.853267 |
| 2018-03-14 | 0.058 | 0.844522 |
| 2018-02-14 | 0.058 | 0.859222 |
| 2017-12-28 | 0.058 | 0.853524 |
| 2017-12-11 | 0.058 | 0.858998 |
| 2017-11-14 | 0.058 | 0.859494 |
| 2017-10-13 | 0.058 | 0.848378 |
| 2017-09-14 | 0.058 | 0.878056 |
| 2017-08-11 | 0.058 | 0.877308 |
| 2017-07-12 | 0.058 | 0.872780 |
| 2017-06-13 | 0.058 | 0.853068 |
| 2017-05-11 | 0.058 | 0.845870 |
| 2017-04-11 | 0.058 | 0.842853 |
| 2017-03-13 | 0.058 | 0.857412 |
| 2017-02-13 | 0.058 | 0.857893 |
| 2016-12-28 | 0.125 | 1.891857 |
| 2016-12-08 | 0.058 | 0.913408 |
| 2016-11-10 | 0.058 | 0.948422 |
| 2016-10-12 | 0.058 | 0.927386 |
| 2016-09-13 | 0.058 | 0.962428 |
| 2016-08-11 | 0.058 | 0.973308 |
| 2016-07-13 | 0.058 | 0.979900 |
| 2016-06-13 | 0.058 | 0.985749 |
| 2016-05-12 | 0.058 | 0.996223 |
| 2016-04-13 | 0.058 | 1.026055 |
| 2016-03-11 | 0.058 | 1.034897 |
| 2016-02-11 | 0.058 | 1.108457 |
| 2015-12-29 | 0.058 | 1.065124 |
| 2015-12-10 | 0.058 | 1.063220 |
| 2015-11-12 | 0.058 | 1.075102 |
| 2015-10-13 | 0.058 | 1.054432 |
| 2015-09-11 | 0.065 | 1.167704 |
| 2015-08-12 | 0.065 | 1.167236 |
| 2015-07-13 | 0.065 | 1.155241 |
| 2015-06-11 | 0.065 | 1.153061 |
| 2015-05-13 | 0.065 | 1.146577 |
| 2015-04-13 | 0.065 | 1.147905 |
| 2015-03-11 | 0.065 | 1.153462 |
| 2015-02-11 | 0.065 | 1.183795 |
| 2014-12-29 | 0.099 | 1.861630 |
| 2014-12-10 | 0.065 | 1.212742 |
| 2014-11-12 | 0.065 | 1.201211 |
| 2014-10-10 | 0.065 | 1.172402 |
| 2014-09-11 | 0.070 | 1.244704 |
| 2014-08-13 | 0.070 | 1.256459 |
| 2014-07-11 | 0.070 | 1.226299 |
| 2014-06-12 | 0.070 | 1.242893 |
| 2014-05-13 | 0.070 | 1.264387 |
| 2014-04-11 | 0.070 | 1.259872 |
| 2014-03-12 | 0.070 | 1.254483 |
| 2014-02-12 | 0.073 | 1.328878 |
| 2013-12-27 | 0.073 | 1.330100 |
| 2013-12-11 | 0.073 | 1.338848 |
| 2013-11-13 | 0.072 | 1.335987 |
| 2013-10-11 | 0.072 | 1.325770 |
| 2013-09-12 | 0.073 | 1.335889 |
| 2013-08-13 | 0.072 | 1.246549 |
| 2013-07-11 | 0.072 | 1.260816 |
| 2013-06-12 | 0.077 | 1.379717 |
| 2013-05-13 | 0.077 | 1.273147 |
| 2013-04-11 | 0.077 | 1.342608 |
| 2013-03-13 | 0.077 | 1.337963 |
| 2013-02-13 | 0.077 | 1.312407 |
| 2012-12-27 | 0.135 | 2.393787 |
| 2012-12-12 | 0.077 | 1.390076 |
| 2012-11-13 | 0.078 | 1.463572 |
| 2012-10-11 | 0.078 | 1.406072 |
| 2012-09-12 | 0.078 | 1.459783 |
| 2012-08-13 | 0.078 | 1.524019 |
| 2012-07-12 | 0.078 | 1.538766 |
| 2012-06-13 | 0.078 | 1.562497 |
| 2012-05-11 | 0.078 | 1.529882 |
| 2012-04-12 | 0.078 | 1.603567 |
| 2012-03-13 | 0.078 | 1.605634 |
| 2012-02-13 | 0.078 | 1.627414 |
| 2011-12-28 | 0.243 | 5.080312 |
| 2011-12-12 | 0.078 | 1.750179 |
| 2011-11-10 | 0.078 | 1.772561 |
| 2011-10-12 | 0.078 | 1.840878 |
| 2011-09-13 | 0.078 | 1.783464 |
| 2011-08-11 | 0.078 | 1.817541 |
| 2011-07-13 | 0.078 | 1.591325 |
| 2011-06-13 | 0.078 | 1.578436 |
| 2011-05-12 | 0.078 | 1.501294 |
| 2011-04-13 | 0.078 | 1.572580 |
| 2011-03-11 | 0.078 | 1.529776 |
| 2011-02-11 | 0.075 | 1.448078 |
| 2010-12-29 | 0.245 | 4.660561 |
| 2010-12-13 | 0.075 | 1.521940 |
| 2010-11-10 | 0.073 | 1.555520 |
| 2010-10-13 | 0.073 | 1.550685 |
| 2010-09-13 | 0.073 | 1.592941 |
| 2010-08-12 | 0.070 | 1.598696 |
| 2010-07-13 | 0.070 | 1.619025 |
| 2010-06-11 | 0.070 | 1.705663 |
| 2010-05-12 | 0.068 | 1.576532 |
| 2010-04-13 | 0.068 | 1.468503 |
| 2010-03-11 | 0.068 | 1.596750 |
| 2010-02-10 | 0.068 | 1.559252 |
| 2009-12-29 | 0.068 | 1.616439 |
| 2009-12-11 | 0.068 | 1.623147 |
| 2009-11-10 | 0.068 | 1.794690 |
| 2009-10-13 | 0.068 | 1.819774 |
| 2009-09-11 | 0.068 | 1.988613 |
| 2009-08-12 | 0.075 | 2.213552 |
| 2009-07-13 | 0.075 | 2.348365 |
| 2009-06-11 | 0.075 | 2.421220 |
| 2009-05-13 | 0.100 | 3.592403 |
| 2009-04-13 | 0.100 | 3.631711 |
| 2009-03-12 | 0.100 | 4.129071 |
| 2009-02-11 | 0.100 | 3.717895 |
| 2008-12-29 | 0.652 | 29.106114 |
| 2008-12-11 | 0.100 | 5.300609 |
| 2008-11-12 | 0.100 | 4.408788 |
| 2008-10-10 | 0.105 | 4.990829 |
| 2008-09-11 | 0.105 | 3.211019 |
| 2008-08-13 | 0.105 | 3.146802 |
| 2008-07-11 | 0.105 | 3.112275 |
| 2008-06-12 | 0.105 | 2.907818 |
| 2008-05-13 | 0.125 | 3.389686 |
| 2008-04-11 | 0.125 | 3.636202 |
| 2008-03-12 | 0.125 | 3.767278 |
| 2008-02-13 | 0.125 | 3.799566 |
| 2007-12-27 | 0.125 | 3.491973 |
| 2007-12-11 | 0.125 | 3.434309 |
| 2007-11-13 | 0.125 | 3.484580 |
| 2007-10-11 | 0.125 | 3.106377 |
| 2007-09-12 | 0.125 | 3.152246 |
| 2007-08-13 | 0.125 | 3.332858 |
| 2007-07-12 | 0.125 | 2.921110 |
| 2007-06-13 | 0.125 | 2.979298 |
| 2007-05-11 | 0.125 | 2.948268 |
| 2007-04-12 | 0.125 | 2.989924 |
| 2007-03-13 | 0.125 | 3.146508 |
| 2007-02-13 | 0.125 | 3.012312 |
| 2006-12-22 | 0.125 | 3.098007 |
| 2006-12-13 | 0.125 | 3.121511 |
| 2006-11-13 | 0.125 | 3.170121 |
| 2006-10-12 | 0.125 | 3.324051 |
| 2006-09-13 | 0.125 | 3.204348 |
| 2006-08-11 | 0.125 | 3.271776 |
| 2006-07-12 | 0.125 | 3.274428 |
| 2006-06-13 | 0.125 | 3.371232 |
| 2006-05-11 | 0.115 | 3.227616 |
| 2006-04-12 | 0.115 | 3.205172 |
| 2006-03-13 | 0.115 | 3.159146 |
| 2006-02-13 | 0.115 | 3.198072 |
| 2005-12-23 | 0.149 | 4.519266 |
| 2005-12-13 | 0.115 | 3.498437 |
| 2005-11-10 | 0.105 | 3.194873 |
| 2005-10-12 | 0.105 | 3.155550 |
| 2005-09-13 | 0.097 | 2.866883 |
| 2005-08-11 | 0.093 | 2.769781 |
| 2005-07-13 | 0.093 | 2.778011 |
| 2005-06-13 | 0.093 | 2.881197 |
| 2005-05-12 | 0.093 | 2.852163 |
| 2005-04-13 | 0.093 | 2.798784 |
| 2005-03-11 | 0.093 | 2.662552 |
| 2005-02-11 | 0.093 | 2.660162 |
| 2004-12-28 | 0.093 | 2.783606 |
| 2004-12-13 | 0.093 | 2.766097 |
| 2004-11-10 | 0.093 | 2.700052 |
| 2004-10-21 | 0.093 | 2.694935 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.062553585 |
| Address1 | 50 Hudson Yards |
| All Time High | 20.21 |
| All Time Low | 6.56 |
| Ask | 10.95 |
| Ask Size | 32,100 |
| Average Daily Volume10 Day | 152,770 |
| Average Daily Volume3 Month | 138,696 |
| Average Volume | 138,696 |
| Average Volume10Days | 152,770 |
| Beta | 0.487 |
| Bid | 10.94 |
| Bid Size | 3,400 |
| Book Value | 11.838 |
| City | New York |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 10.945 |
| Current Ratio | 0.047 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 10.95 |
| Day Low | 10.91 |
| Debt To Equity | 20.237 |
| Dividend Date | 1,546,992,000 |
| Dividend Rate | 1.44 |
| Dividend Yield | 13.19 |
| 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 | 1,778,803,200 |
| 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 | 10.9608 |
| Fifty Day Average Change | -0.015800476 |
| Fifty Day Average Change Percent | -0.001441544 |
| Fifty Two Week Change Percent | -6.2553587 |
| Fifty Two Week High | 12.76 |
| Fifty Two Week High Change | -1.8150005 |
| Fifty Two Week High Change Percent | -0.14224142 |
| Fifty Two Week Low | 10.22 |
| Fifty Two Week Low Change | 0.7249994 |
| Fifty Two Week Low Change Percent | 0.07093928 |
| Fifty Two Week Range | 10.22 - 12.76 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,093,872,600,000 |
| Five Year Avg Dividend Yield | 9.25 |
| 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 | 0.00014999999 |
| Held Percent Institutions | 0.35841998 |
| 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 | 1,776,211,200 |
| 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 | 326,431,552 |
| Market State | REGULAR |
| 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 | 326,282,436 |
| Open | 10.95 |
| Operating Cashflow | -23,546,808 |
| Operating Margins | 0.89379 |
| Payout Ratio | 2.0328999 |
| Phone | 212 810 5300 |
| Previous Close | 10.94 |
| Price Hint | 2 |
| Price To Book | 0.9245649 |
| Price To Sales Trailing12 Months | 10.446529 |
| Profit Margins | 0.62175 |
| Quick Ratio | 0.041 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0050001144 |
| Regular Market Change Percent | 0.045704886 |
| Regular Market Day High | 10.95 |
| Regular Market Day Low | 10.91 |
| Regular Market Day Range | 10.91 - 10.95 |
| Regular Market Open | 10.95 |
| Regular Market Previous Close | 10.94 |
| Regular Market Price | 10.945 |
| Regular Market Time | 1,776,450,492 |
| Regular Market Volume | 143,500 |
| Return On Assets | 0.04185 |
| Return On Equity | 0.05766 |
| Revenue Growth | -0.044 |
| Revenue Per Share | 1.048 |
| Sand P52 Week Change | 0.36506534 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 29,824,720 |
| Shares Percent Shares Out | 0.0046 |
| Shares Short | 135,759 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 115,118 |
| Short Name | BlackRock Floating Rate Income |
| Short Percent Of Float | 0.0046 |
| Short Ratio | 1.42 |
| 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 | 0.13190128 |
| Trailing Eps | 0.71 |
| Trailing P E | 15.415493 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 11.69665 |
| Two Hundred Day Average Change | -0.75164986 |
| Two Hundred Day Average Change Percent | -0.06426198 |
| Type Disp | Equity |
| Volume | 143,500 |
| Website | https://www.blackrock.com/investing/products/240195/blackrock-floating-rate-income-trust-usd-fund |
| Zip | 10,001 |