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Buy BGT
$10.62
-0.0200 (-0.188%)
At Close: Jun 23, 2026
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
01:00pm, Friday, 15'th Dec 2023
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
05:00pm, Tuesday, 05'th Dec 2023
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Ra
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
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
05:15pm, Tuesday, 31'st Oct 2023
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR),
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
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
04:30pm, Friday, 29'th Sep 2023
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR),
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
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
04:30pm, Thursday, 31'st Aug 2023
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR),
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
CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update
04:30pm, Friday, 14'th Apr 2023
NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Pro
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.
