NYSE · Asset Management - Income

BlackRock Floating Rate Income Trust (BGT) Stock

$10.85 -0.46% NYSE: BGT Financial Services

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.

Valuation

MetricValue
Price$10.85
Market Cap$323.60M
P/E Ratio14.86
P/B Ratio0.82
P/S Ratio13.85
EPS (TTM)$0.00
52-Week High$12.60
52-Week Low$10.22
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE5.77%
ROA4.44%
ROCE4.58%
Gross Margin84.12%
Operating Margin83.15%
Net Margin83.15%
Debt/Equity0.20
Current Ratio0.00

Annual Financials (USD)

Metric20212022202320242025
Revenue$19.0M$-6.0M$39.0M$31.0M$23.0M
Operating Profit$18.0M$-3.0M$39.0M$25.0M$19.0M
Net Profit$18.0M$-6.0M$39.0M$25.0M$19.0M
EPS$0.82$-0.27$1.75$1.11$0.73
Op Margin98.2%52.8%99.3%81.8%83.2%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$461.0M$372.0M$394.0M$397.0M$438.0M
Total Liabilities$160.0M$94.0M$106.0M$77.0M$84.0M
Cash$1.0M$2.0M$0$1.0M$0
Borrowings$143.0M$91.0M$98.0M$62.0M$71.0M

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$3.0M$70.0M$21.0M$29.0M$-24.0M
Investing Cash Flow$-12.0M$53.0M$-3.0M$0$0
Financing Cash Flow$154.0M$65.0M$86.0M$0$0
Net Cash Flow$-1.0M$0$-1.0M$0$-1.0M
Free Cash Flow$3.0M$70.0M$21.0M$29.0M$-24.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.24
EV / EBITDA20.33
FCF Yield-7.28%
Quick Ratio0.00
Interest Coverage5.24
Return 1Y-1.39%
Return 3Y30.05%
Return 5Y38.31%

Ownership

Insiders Held0.00%
Institutions Held35.11%
Institutions Float Held35.11%
Institutional HolderSharesReport Date
Guggenheim Capital, LLC1,366,9262026-03-31
Penserra Capital Management LLC813,0482026-03-31
LPL Financial LLC764,2632026-03-31
Morgan Stanley699,5392026-03-31
UBS Group AG463,2112026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
BFZBlackRock California Municipal Income Trust $11.11 -0.36% -14.06 $334.01M 5.49%
BKTBlackRock Income Trust, Inc. $10.47 +0.96% 9.79 $339.11M 0.00%
BYMBlackRock Municipal Income Quality Trust $11.05 -0.04% -17.16 $286.23M 0.00%
EFREaton Vance Senior Floating-Rate Trust $10.71 +0.37% 20.95 $316.20M 7.84%
EFTEaton Vance Floating-Rate Income Trust $10.83 +0.28% 28.23 $287.77M 7.57%

About BlackRock Floating Rate Income Trust

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.

BlackRock Floating Rate Income Trust is headquartered in US.

BlackRock Floating Rate Income Trust (BGT) stock trades at $10.85 with a market capitalization of $323.60M. The stock is valued at a price-to-earnings (P/E) ratio of 14.86, price-to-book of 0.82, price-to-sales of 13.85. Over the past 52 weeks the stock has ranged between $10.22 and $12.60, and currently trades 13.9% below its 52-week high.

On profitability, BlackRock Floating Rate Income Trust generates a return on equity (ROE) of 5.77%, return on capital employed of 4.58%, an operating margin of 83.15%, a net profit margin of 83.15%.

Official website: www.blackrock.com/us/individual/products/240195/blackrock-floating-rate-income-trust-usd-fund

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