BlackRock Floating Rate Income Trust (BGT) Stock Price

About BlackRock Floating Rate Income Trust

Blackrock Floating Rate Income Trust is a closed-end investment fund that aims to deliver high current income through investments in floating and variable rate instruments from U.S. and international issuers. The fund allocates at least 80% of its assets to floating rate securities, including senior secured corporate loans, which typically benefit from rising interest rates. It pursues capital preservation as a secondary objective, making it suitable for income-focused investors seeking rate-sensitive exposure.