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BlackRock Floating Rate Income Trust(NYSE) BGT

Market Cap$328.97MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2004)+225%
5 Year+42%
1 Year+1%
1 Month+2%
$11.05
-0.49%
-0.05Today
After hours$11.04-$0.00 (-0.05%)
BlackRock Floating Rate Income Trust last closing stock price
MetricPriceDate
Last closeUSD 11.032026-09-04
BlackRock Floating Rate Income Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.72%USD 11.112026-08-28
1 month+2.31%USD 10.782026-08-05
3 month+6.94%USD 10.312026-06-05
Year to date+6.27%USD 10.382025-12-31
1 year+0.93%USD 10.932025-09-04
3 year+29.74%USD 8.502023-09-05
5 year+41.57%USD 7.792021-09-03
Since inception+225.39%USD 3.392004-08-26

BlackRock Floating Rate Income Trust Financials at a Glance

Market Cap

$328.97MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$40.36M

Net Income (TTM)

$20.54M

EPS (TTM)

$0.43

P/E Ratio

25.83

Dividend

$1.44

Beta (Volatility)

0.33 (Low)

Price

$11.05

Volume

128,562

Open

$11.07

Previous Close

$11.03

Daily Range

$11.03 - $11.07

52-Week Range

$10.22 - $12.45

Estimated Earnings Date

Sep 5, 2024

BGT News

No articles available.

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About BlackRock Floating Rate Income Trust

BlackRock Floating Rate Income Trust is a closed-end mutual fund focused on fixed income investments. Established in 2004, the Trust is managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc., targeting opportunities primarily in corporate bonds across various sectors.

Products and Services
  • Investment in corporate bonds with a focus on fixed income
  • Strategic capital allocation across international markets
  • Management by experienced professionals from BlackRock
Growth Outlook
  • Recent quarterly revenue reached $12.71 million, indicating strong performance
  • Trailing twelve months (TTM) revenue of $43.5 million shows consistent growth
  • Dividend yield of 13.19% reflects attractive income potential for investors
Financial Highlights
  • Net income for Q2 2025 was $8.55 million, showcasing profitability
  • Operating income margin of 82.49% indicates efficient operations
  • Cash flow from operating activities reached $10.5 million in Q2 2025
BlackRock Floating Rate Income Trust offers a compelling investment opportunity for those interested in fixed income markets. The Trust's focus on corporate bonds and strategic management by BlackRock positions it well for potential growth. Recent financial performance highlights, including strong revenue and net income, underscore the Trust's operational efficiency and profitability. With a high dividend yield, the Trust may appeal to income-focused investors seeking reliable returns in a diversified portfolio.
AI Generated • Aug 19, 2026

Industry

Capital Markets

Sector

Financials

CEO

John M. Perlowski, CPA

Headquarters

New York, NY 10001, US

BGT Financials

Key Financial Metrics (TTM)

Gross Margin

92.20%

Operating Margin

68.09%

Net Income Margin

50.88%

Return on Equity

5.97%

Return on Capital

4.58%

Return on Assets

4.79%

Earnings Yield

3.87%

Dividend Yield

13.09%

Payout Ratio

2.97%

Stock Overview

Market Cap

$328.97MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

29.82M

Volume

128.56K

Avg. Volume

122.07K

Financials (TTM)

Gross Profit

$37.21M

Operating Income

$27.48M

EBITDA

$13.18M

Operating Cash Flow

$32.34M

Capital Expenditure

$1.00

Free Cash Flow

$32.34M

Cash & ST Invst.

$2.51M

Total Debt

$73.00M

BlackRock Floating Rate Income Trust Performance Analysis

BlackRock Floating Rate Income Trust annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 20,347,762-14.1%
20232023-12-31USD 33,483,92164.6%
20242024-12-31USD 30,891,880-7.7%
20252025-12-31USD 26,655,475-13.7%
BlackRock Floating Rate Income Trust sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30N/A
Q32025-09-30-37.0%
Q42025-12-31N/A
Q22026-06-30N/A
BlackRock Floating Rate Income Trust annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.27N/A
20232023-12-31USD 1.75N/A
20242024-12-31USD 1.11-36.6%
20252025-12-31USD 0.71-36.0%
BlackRock Floating Rate Income Trust sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30N/A
Q32025-09-30-43.8%
Q42025-12-31N/A
Q22026-06-30N/A

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$11.65M

+39.1%

Gross Profit

$10.03M

+19.7%

Gross Margin

86.08%

N/A

Market Cap

$328.97MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

$1.11M

-82.4%

EBITDA

$2.69M

-64.4%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$2.51M

+368.4%

Total Debt

$73.00M

+17.7%

Accounts Receivable

$7.03M

-2.0%

Inventory

$0.00

N/A

Long Term Debt

$73.00M

+17.7%

Short Term Debt

$0.00

-100.0%

Return on Assets

4.79%

N/A

Return on Invested Capital

6.40%

N/A

Free Cash Flow

$10.33M

+61.8%

Operating Cash Flow

$10.33M

+61.8%

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Questions About BGT

What is the current price of BlackRock Floating Rate Income Trust?

BlackRock Floating Rate Income Trust is trading at $11.03 per share.

What is the 52-week range for BlackRock Floating Rate Income Trust?

Over the past 52 weeks, BlackRock Floating Rate Income Trust has traded between $10.22 and $12.45.

How much debt does BlackRock Floating Rate Income Trust have?

As of the most recent reporting period, BlackRock Floating Rate Income Trust reported total debt of $71.46M.

How much cash does BlackRock Floating Rate Income Trust have on hand?

BlackRock Floating Rate Income Trust reported $2.65K in cash and cash equivalents in its most recent financial results.

What is BlackRock Floating Rate Income Trust’s dividend yield?

BlackRock Floating Rate Income Trust currently has a dividend yield of 13.09%.

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