NYSE:BGT
Blackrock Global Stock News
$12.89
+0.0800 (+0.625%)
At Close: Apr 22, 2024
BGT: A Very Good Floater CEF That Should Perform Well For Longer Than Market Thinks
05:54pm, Thursday, 22'nd Feb 2024
The BlackRock Floating Rate Income Trust Fund offers an attractive current yield of 11.26%, which is in line with its peers.
BGT: The Glory Days For Floaters May Be Ending
04:31am, Saturday, 02'nd Dec 2023
The article evaluates the BlackRock Floating Rate Income Trust as an investment option at its current market price. Investing in floating rate securities has been a successful strategy, delivering str
BGT: A Golden Standard Leveraged Loan CEF, 11.7% Yield
12:21am, Saturday, 21'st Oct 2023
The BlackRock Floating Rate Income Trust is a closed-end fund that focuses on leveraged loans with the primary goal of generating current income for investors. The fund's distribution yield is well-co
Rising Interest Rates Got You Down? Try Floating Above The Fear
12:00pm, Monday, 25'th Sep 2023
Interest rates are likely to remain elevated due to the strong U.S. economy, despite inflation concerns. The U.S. debt has reached a record high, and fears of a government shutdown are exacerbating ma
BGT: A Year Later, The Buy Case For Floaters Persists
11:03am, Thursday, 17'th Aug 2023
BlackRock Floating Rate Income Trust has been a strong performer, outpacing the S&P 500. The fund is currently trading at a discount to its net asset value, making it an attractive investment. BGT's i
CEF Weekly Review: Discount Pro-Cyclicality Is Not Fully Rational
08:55am, Saturday, 15'th Jul 2023
We review CEF market valuation and performance through the first week of July and highlight recent market action. CEFs were roughly flat on the week as NAVs fell while discounts remained resilient. CE
BGT: Amortizing 'Return Of Principal' Loan Fund
02:42am, Monday, 10'th Jul 2023
BGT generates a high distribution yield from a portfolio of junk loans. BlackRock Floating Rate Income Trust pays an attractive 11.8% forward distribution yield. However, I recommend investors avoid B
Weekly Closed-End Fund Roundup - March 5, 2023
08:03am, Thursday, 16'th Mar 2023
19 out of 22 CEF sectors were positive on price and 12 out of 22 sectors were positive on NAV last week. Delaware/Abrdn mergers are closing this week.
BGT: Floaters Still Look Attractive
02:09am, Saturday, 04'th Mar 2023
Floating rate debt should remain in demand as the Fed continues to raise its benchmark rate. Further, the market is starting to come to terms with the fact that rates will be "higher for longer".
FRA And BGT: Distribution Boosts And Wide Discounts
11:50am, Friday, 28'th Oct 2022
BlackRock announced its latest distributions earlier this month, with several boosts and cuts. Of those that boosted, two of those were FRA and BGT.
BGT: Floating Rate Debt Continues To Serve As A Hedge Against Rising Rates
04:19pm, Monday, 08'th Aug 2022
Floating rate debt should perform well as interest rates keep rising. With higher rates being a primary concern for markets, investors can front-run this through buying funds like BGT. BGT still offer
BGT: Value Re-Appears In This Floating Rate CEF
10:40pm, Wednesday, 27'th Apr 2022
Floating rate loans and bonds are a reasonable option when deciding how to play an inflationary or rising interest rate environment. Despite this traditional wisdom, funds that hold these loans like B
VVR: Higher Rates Could Benefit This Fund
10:13pm, Thursday, 20'th Jan 2022
VVR: Higher Rates Could Benefit This Fund
FRA: 5.8% Distribution Yield, Floating Rate Investments
10:33pm, Wednesday, 19'th Jan 2022
FRA: 5.8% Distribution Yield, Floating Rate Investments
JQC: An Interesting Idea For Higher Rates
01:40am, Saturday, 08'th Jan 2022
JQC: An Interesting Idea For Higher Rates