BLACKROCK FLTNG RT INC TR (BGT) Stock Price, Forecast & Analysis

What does BLACKROCK FLTNG RT INC TR do?

BlackRock Floating Rate Income Trust is a US-based company operating in industry. The company is headquartered in Wilmington, Delaware. The company went IPO on 2004-08-26. BlackRock Floating Rate Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust's investment objective is to provide a high level of current income. The Trust's secondary objective seeks the preservation of capital to the extent consistent with its primary objective of high current income. The company invests at least 80% of its managed assets in floating and variable rate instruments of United States (U.S.) and non-U.S. issuers, including a substantial portion of its assets in senior, secured loans made to corporate and other business entities. The company may invest directly in such securities or synthetically through the use of derivatives. The company may invest up to 20% of its managed assets in fixed rate instruments of U.S. and non-U.S. issuers, including developed and emerging markets debt, investment grade and high yield corporate debt, sovereign debt, and mortgage-related and asset-backed securities. The Trust's investment manager is BlackRock Advisors, LLC.

What is the current price of BGT stock?

The current stock price of BGT is 11.06 USD. The price increased by 0.27% in the last trading session.

What is the ChartMill rating of BLACKROCK FLTNG RT INC TR stock?

BGT has a ChartMill Technical rating of 0 out of 10.You can find more details on the Technical Analysis and Fundamental Analysis tabs.