BGT
Price:
$11.27
Market Cap:
$311.49M
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
Asset Management - Income
IPO Date
2004-08-30
Stock Exchange
NYSE
Ticker
BGT
According to BlackRock Floating Rate Income Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 12.81%. This represents a change of 391.32% compared to the average of 2.61% of the last 4 quarters.
The mean historical Dividend Yield of BlackRock Floating Rate Income Trust over the last ten years is 7.02%. The current 12.81% Dividend Yield has changed 82.41% with respect to the historical average. Over the past ten years (40 quarters), BGT's Dividend Yield was at its highest in in the December 2023 quarter at 5.62%. The Dividend Yield was at its lowest in in the December 2019 quarter at 1.21%.
Average
7.02%
Median
6.49%
Minimum
5.15%
Maximum
10.46%
Discovering the peaks and valleys of BlackRock Floating Rate Income Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 40.34%
Maximum Annual Dividend Yield = 10.46%
Minimum Annual Increase = -29.05%
Minimum Annual Dividend Yield = 5.15%
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 9.91% | -5.27% |
| 2023 | 10.46% | 40.34% |
| 2022 | 7.45% | 35.12% |
| 2021 | 5.51% | -29.05% |
| 2020 | 7.77% | 17.10% |
| 2019 | 6.64% | 18.30% |
| 2018 | 5.61% | 4.61% |
| 2017 | 5.36% | 4.10% |
| 2016 | 5.15% | -18.86% |
| 2015 | 6.35% | -0.60% |
The current Dividend Yield of BlackRock Floating Rate Income Trust (BGT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.27%
5-year avg
8.22%
10-year avg
7.02%
BlackRock Floating Rate Income Trust’s Dividend Yield is less than BlackRock California Municipal Income Trust (6.51%), less than Putnam Premier Income Trust (8.67%), less than Eaton Vance Floating-Rate Income Trust (8.88%), less than BlackRock Income Trust, Inc. (9.59%), less than Angel Oak Financial Strategies Income Term Trust (10.07%), less than Western Asset High Income Opportunity Fund Inc. (11.24%), less than MFS Intermediate Income Trust (8.83%), less than BlackRock Municipal Income Quality Trust (6.09%), less than John Hancock Preferred Income Fund II (9.09%), less than Eaton Vance Senior Floating-Rate Trust (9.71%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 6.51% | $327.09M | |
| 8.67% | $344.04M | |
| 8.88% | $303.72M | |
| 9.59% | $267.85M | |
| 10.07% | $331.51M | |
| 11.24% | $360.43M | |
| 8.83% | $302.70M | |
| 6.09% | $283.38M | |
| 9.09% | $352.34M | |
| 9.71% | $330.37M |
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What is the Dividend Yield?
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What is BlackRock Floating Rate Income Trust's Dividend Yield?
How is the Dividend Yield calculated for BlackRock Floating Rate Income Trust (BGT)?
What is the highest Dividend Yield for BlackRock Floating Rate Income Trust (BGT)?
What is the 3-year average Dividend Yield for BlackRock Floating Rate Income Trust (BGT)?
What is the 5-year average Dividend Yield for BlackRock Floating Rate Income Trust (BGT)?
How does the current Dividend Yield for BlackRock Floating Rate Income Trust (BGT) compare to its historical average?