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BlackRock Floating Rate Income Trust

BGTFinancial ServicesNASDAQ

Asset Management · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$19.7M
-22.7% YoY
Net Income
$19.4M
-22.4% YoY
Free Cash Flow
$17.3M

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About BlackRock Floating Rate Income Trust

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. Valued at $320.6M, BGT is a small-cap name in its sector. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc.

Key stats
Market Cap$320.6M
P/E (TTM)15.14
EPS$0.71
Beta0.48
52W Change-12.5%
Dividend Yield13.43%
ROE5.8%
Analysis

BlackRock Floating Rate Income Trust carries $71.4M in total debt, a figure that investors should evaluate relative to the company's earnings power. The company generates $17.3M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 5.8%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 4.2% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from -$5.7M to $19.7M.

The relatively low beta of 0.48 suggests BGT is a less volatile holding compared to the broader index. No single metric tells the full story. Reviewing BGT's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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BGT — BlackRock Floating Rate Income Trust Technical Analysis | Scanance