Blackrock Global (BGT)

$12.99 +0.06 (0.46%)
Market Cap N/A
Revenue (ttm) 39.39M
Net Income (ttm) 39.10M
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin N/A
Debt to Equity Ratio N/A
Volume 6,843
Avg Vol 93,904
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 26%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly...

Industry: Asset Management
Sector: Financial Services
Phone: 212 810 5300
Fax: 212 810 5801
Address:
50 Hudson Yards, New York, United States
Ali_G_and_Doge
Ali_G_and_Doge Jun. 14 at 12:47 AM
$BGT took gains
0 · Reply
rsmracks
rsmracks May. 30 at 1:12 AM
$TLT @junior2305 @MMaker1 Definitely a good time to continue accumulating shares in this accumulation cylinder. $108👉$114 into 2026. Yields about 4% Long corporate bonds as well. $DLY $BGT Start adding some bond exposure.
0 · Reply
Ali_G_and_Doge
Ali_G_and_Doge May. 7 at 1:58 AM
$BGT added for a trade
0 · Reply
rsmracks
rsmracks Mar. 29 at 10:30 AM
https://www.reuters.com/markets/us/deal-slump-hits-us-high-grade-bond-supply-pressures-spreads-2025-03-28/ We might see less M&A in 2025, but it’s not significant. Grade A/B corporate bonds remain a good place to invest. Yields are still well above 5+%. Much better than short term yields of money markets, CD’s and T-Bills. $TLT $DLY $BGT $PTY
0 · Reply
rsmracks
rsmracks Mar. 13 at 10:37 AM
https://www.reuters.com/markets/rates-bonds/us-corporate-bond-spreads-hit-widest-about-6-months-recession-fears-2025-03-12/ $DLY $BGT $BOND $PHK $JUNK @junior2305 @MMaker1 As I’ve been suggesting since late 2022. Grade A/B long corporate bonds will continue throwing off nice yields and are safe. Remember, bond holders always get paid before the shareholders do. As for junk bonds, I’ve never been a huge fan, but a small position in your portfolio wouldn’t be terrible. As money markets and CD’s stop paying 4+% we will see more and more inflow into fixed income.
1 · Reply
rsmracks
rsmracks Mar. 12 at 10:53 AM
$BGT $BOND $DLY $TLT BGT and DLY have been steady as she goes. Much better than any money market, CD or treasury.
0 · Reply
rsmracks
rsmracks Dec. 2 at 11:30 AM
$TLT $GOLD $BGT $DLY $PHK Countries around the world have 10 year bond yields under 2-3% This is why investors/countries are buying the US treasuries like mad. Our FED needs to get the 2 year down to 3-3.5% quickly. There’s no sense in keeping it so high. https://www.reuters.com/markets/rates-bonds/chinas-relentless-bond-rally-pushes-10-year-yield-below-2-lowest-record-2024-12-02/
0 · Reply
VDW1
VDW1 Nov. 29 at 11:08 AM
$BGT a month with less than stellar results but it’s dividend payday
0 · Reply
rsmracks
rsmracks Oct. 30 at 9:29 PM
$SPY $GOLD $TLT $BGT $JPM https://realinvestmentadvice.com/can-paul-tudor-jones-and-stanley-druckenmiller-be-wrong/ This is a great article. I’ve stated for a long time that bond yields could remain higher for longer on the 10 year and especially the 30 years. The 2 year is about to run out of gas and will hit 3.5% soon. The 10 year, which mortgage rates track will ease up as the FED continues cutting rates, but I see the 30 year staying in the mid 4’s. It doesn’t matter which person wins this election, they are going to spend like mad. I still say 2026 peak. 2027 rollover and a complete depression could form 2028-2029. All debt driven and high unemployment. “We believe the slowing economic growth and lower inflation trends that persisted before the Pandemic are reasserting themselves. It may sound ridiculous today, but we wouldn’t be shocked if investors and the Fed were again worried about deflation in the coming years” Deflation will be very painful.
2 · Reply
insiderbuyingselling
insiderbuyingselling Oct. 30 at 7:36 PM
$BGT new insider buying: 10 shares. http://insiderbuyingselling.com/?t=BGT
0 · Reply
Latest News on BGT
BGT: Failing To Cover Distributions And Unlikely To Improve (Rating Downgrade)

Apr 29, 2025, 5:58 AM EDT - 7 weeks ago

BGT: Failing To Cover Distributions And Unlikely To Improve (Rating Downgrade)

BGT: Solid Returns But High Fees And High Volatility

Feb 3, 2025, 11:38 PM EST - 4 months ago

BGT: Solid Returns But High Fees And High Volatility

BGT: This Fund Will Likely Cut Its Distribution In The Near Future

Nov 11, 2024, 12:00 PM EST - 7 months ago

BGT: This Fund Will Likely Cut Its Distribution In The Near Future

BGT: Floating Rate Assets Becoming Less Appealing (Rating Downgrade)

Aug 6, 2024, 11:45 PM EDT - 11 months ago

BGT: Floating Rate Assets Becoming Less Appealing (Rating Downgrade)

BGT: A Good Source Of Income Today, But A Pricey One

May 13, 2024, 1:12 PM EDT - 1 year ago

BGT: A Good Source Of Income Today, But A Pricey One

Investors' Choice: Roller Coaster Or Merry-Go-Round?

Apr 26, 2024, 7:59 AM EDT - 1 year ago

Investors' Choice: Roller Coaster Or Merry-Go-Round?

ARCC BIZD EOI MCI NIE PBDC SPY

BGT: A Very Good Floater CEF That Should Perform Well For Longer Than Market Thinks

Feb 22, 2024, 5:54 PM EST - 1 year ago

BGT: A Very Good Floater CEF That Should Perform Well For Longer Than Market Thinks

CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities

Dec 15, 2023, 1:00 PM EST - 1 year ago

CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities

BBN BDJ CAF DSU ETX FMY FRA

BGT: The Glory Days For Floaters May Be Ending

Dec 2, 2023, 4:31 AM EST - 1 year ago

BGT: The Glory Days For Floaters May Be Ending

BGT: A Golden Standard Leveraged Loan CEF, 11.7% Yield

Oct 21, 2023, 12:21 AM EDT - 1 year ago

BGT: A Golden Standard Leveraged Loan CEF, 11.7% Yield

Rising Interest Rates Got You Down? Try Floating Above The Fear

Sep 25, 2023, 12:00 PM EDT - 1 year ago

Rising Interest Rates Got You Down? Try Floating Above The Fear

FRA JFR PHD VVR

BGT: A Year Later, The Buy Case For Floaters Persists

Aug 17, 2023, 11:03 AM EDT - 2 years ago

BGT: A Year Later, The Buy Case For Floaters Persists

CEF Weekly Review: Discount Pro-Cyclicality Is Not Fully Rational

Jul 15, 2023, 8:55 AM EDT - 2 years ago

CEF Weekly Review: Discount Pro-Cyclicality Is Not Fully Rational

DSU FRA NMI

BGT: Amortizing 'Return Of Principal' Loan Fund

Jul 10, 2023, 2:42 AM EDT - 2 years ago

BGT: Amortizing 'Return Of Principal' Loan Fund

CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update

Apr 14, 2023, 4:30 PM EDT - 2 years ago

CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update

BCX BFK BFZ BGR BGY BLE BMEZ

Weekly Closed-End Fund Roundup - March 5, 2023

Mar 16, 2023, 8:03 AM EDT - 2 years ago

Weekly Closed-End Fund Roundup - March 5, 2023

ACP AGD ASGI FRA

BGT: Floaters Still Look Attractive

Mar 4, 2023, 2:09 AM EST - 2 years ago

BGT: Floaters Still Look Attractive

FRA And BGT: Distribution Boosts And Wide Discounts

Oct 28, 2022, 11:50 AM EDT - 2 years ago

FRA And BGT: Distribution Boosts And Wide Discounts

FRA

BGT: Floating Rate Debt Continues To Serve As A Hedge Against Rising Rates

Aug 8, 2022, 4:19 PM EDT - 3 years ago

BGT: Floating Rate Debt Continues To Serve As A Hedge Against Rising Rates

BGT: Value Re-Appears In This Floating Rate CEF

Apr 27, 2022, 10:40 PM EDT - 3 years ago

BGT: Value Re-Appears In This Floating Rate CEF

BGT: Near-Term Outlook More Modest Now

Dec 15, 2021, 12:51 PM EST - 3 years ago

BGT: Near-Term Outlook More Modest Now

BGT: I See Merit To Buying Floaters

Aug 27, 2021, 11:44 AM EDT - 4 years ago

BGT: I See Merit To Buying Floaters

BGT: A Decent Option For Floating Rate Exposure

Apr 24, 2021, 6:43 AM EDT - 4 years ago

BGT: A Decent Option For Floating Rate Exposure

Closed-End Funds: Senior Loan Funds Revisited

Apr 1, 2021, 3:59 PM EDT - 4 years ago

Closed-End Funds: Senior Loan Funds Revisited

BGB BGX BSL DSU ECC ECCX HFRO

CEF Floating Rate Sector Update: Rates Are Rising Which Should Shine A Light On The Sector

Feb 8, 2021, 6:00 AM EST - 4 years ago

CEF Floating Rate Sector Update: Rates Are Rising Which Should Shine A Light On The Sector

BGB BIT PHD BSL

Income Lab Ideas: Senior Loan Funds

Jan 3, 2021, 9:42 AM EST - 4 years ago

Income Lab Ideas: Senior Loan Funds

BGB BGX BSL DSU JFR VTA VVR

The Falling Out Of Love With CEFs

Oct 13, 2020, 7:00 AM EDT - 5 years ago

The Falling Out Of Love With CEFs

EFR EXG MQT

What Worked In CEFs Last Year

Feb 3, 2020, 11:32 PM EST - 5 years ago

What Worked In CEFs Last Year

CIK TYG

BlackRock Floating-Rate Income Trust: 7.6% Yield, With Protection From Rising Rates

Dec 14, 2019, 3:11 AM EST - 6 years ago

BlackRock Floating-Rate Income Trust: 7.6% Yield, With Protection From Rising Rates

The Chemist's Quality Closed-End Fund Report: September 2019

Oct 28, 2019, 11:21 AM EDT - 6 years ago

The Chemist's Quality Closed-End Fund Report: September 2019

AGD AOD ARDC BGB BGH BGX BSL

Assessing If The Time Is Right To Get Into Floating Rate

Oct 28, 2019, 7:00 AM EDT - 6 years ago

Assessing If The Time Is Right To Get Into Floating Rate

ARDC FRA

5 Best CEFs To Buy For October 2019

Oct 19, 2019, 8:49 AM EDT - 6 years ago

5 Best CEFs To Buy For October 2019

FPF HTD PGZ UTG

Ali_G_and_Doge
Ali_G_and_Doge Jun. 14 at 12:47 AM
$BGT took gains
0 · Reply
rsmracks
rsmracks May. 30 at 1:12 AM
$TLT @junior2305 @MMaker1 Definitely a good time to continue accumulating shares in this accumulation cylinder. $108👉$114 into 2026. Yields about 4% Long corporate bonds as well. $DLY $BGT Start adding some bond exposure.
0 · Reply
Ali_G_and_Doge
Ali_G_and_Doge May. 7 at 1:58 AM
$BGT added for a trade
0 · Reply
rsmracks
rsmracks Mar. 29 at 10:30 AM
https://www.reuters.com/markets/us/deal-slump-hits-us-high-grade-bond-supply-pressures-spreads-2025-03-28/ We might see less M&A in 2025, but it’s not significant. Grade A/B corporate bonds remain a good place to invest. Yields are still well above 5+%. Much better than short term yields of money markets, CD’s and T-Bills. $TLT $DLY $BGT $PTY
0 · Reply
rsmracks
rsmracks Mar. 13 at 10:37 AM
https://www.reuters.com/markets/rates-bonds/us-corporate-bond-spreads-hit-widest-about-6-months-recession-fears-2025-03-12/ $DLY $BGT $BOND $PHK $JUNK @junior2305 @MMaker1 As I’ve been suggesting since late 2022. Grade A/B long corporate bonds will continue throwing off nice yields and are safe. Remember, bond holders always get paid before the shareholders do. As for junk bonds, I’ve never been a huge fan, but a small position in your portfolio wouldn’t be terrible. As money markets and CD’s stop paying 4+% we will see more and more inflow into fixed income.
1 · Reply
rsmracks
rsmracks Mar. 12 at 10:53 AM
$BGT $BOND $DLY $TLT BGT and DLY have been steady as she goes. Much better than any money market, CD or treasury.
0 · Reply
rsmracks
rsmracks Dec. 2 at 11:30 AM
$TLT $GOLD $BGT $DLY $PHK Countries around the world have 10 year bond yields under 2-3% This is why investors/countries are buying the US treasuries like mad. Our FED needs to get the 2 year down to 3-3.5% quickly. There’s no sense in keeping it so high. https://www.reuters.com/markets/rates-bonds/chinas-relentless-bond-rally-pushes-10-year-yield-below-2-lowest-record-2024-12-02/
0 · Reply
VDW1
VDW1 Nov. 29 at 11:08 AM
$BGT a month with less than stellar results but it’s dividend payday
0 · Reply
rsmracks
rsmracks Oct. 30 at 9:29 PM
$SPY $GOLD $TLT $BGT $JPM https://realinvestmentadvice.com/can-paul-tudor-jones-and-stanley-druckenmiller-be-wrong/ This is a great article. I’ve stated for a long time that bond yields could remain higher for longer on the 10 year and especially the 30 years. The 2 year is about to run out of gas and will hit 3.5% soon. The 10 year, which mortgage rates track will ease up as the FED continues cutting rates, but I see the 30 year staying in the mid 4’s. It doesn’t matter which person wins this election, they are going to spend like mad. I still say 2026 peak. 2027 rollover and a complete depression could form 2028-2029. All debt driven and high unemployment. “We believe the slowing economic growth and lower inflation trends that persisted before the Pandemic are reasserting themselves. It may sound ridiculous today, but we wouldn’t be shocked if investors and the Fed were again worried about deflation in the coming years” Deflation will be very painful.
2 · Reply
insiderbuyingselling
insiderbuyingselling Oct. 30 at 7:36 PM
$BGT new insider buying: 10 shares. http://insiderbuyingselling.com/?t=BGT
0 · Reply
rsmracks
rsmracks Oct. 26 at 12:28 AM
$SPY $GOLD $SILJ $TLT $BGT I like Frick’s terminology here. 7th inning is coming. 👍 That lines up perfectly with my timeline I’ve been stating for several years now. 2025 will be solid. 2026 peak 2027 rollover and then 💥 debt implosion! Drop those rates and get this housing expansion moving again. HELOC’s will be the nail in the coffin. Banks will generate hundreds of billions in profits off this next round of lending. Then a complete melt down happens. Get out of debt and make sure to have a 12 month emergency fund. The old days of 6 months won’t be enough when the next depression happens. Robert Frick, corporate economist at Navy Federal Credit Union, said in a note Friday. “Added to already strengthening spending, lower rates and increasing consumer sentiment could be the backbone of a seventh-inning economic surge.” https://amp.cnn.com/cnn/2024/10/25/economy/consumer-sentiment-michigan-lower-interest-rates
3 · Reply
Ali_G_and_Doge
Ali_G_and_Doge Oct. 17 at 12:36 AM
$BGT added for a few day trade
0 · Reply
Ali_G_and_Doge
Ali_G_and_Doge Sep. 24 at 8:42 PM
$BGT taking gains
0 · Reply
Ali_G_and_Doge
Ali_G_and_Doge Sep. 18 at 8:29 PM
$BGT added
0 · Reply
rsmracks
rsmracks Aug. 2 at 9:39 AM
$BGT $TLT $DLY $JPM $GOLD 2’s at 4.127 10’s at 3.944 We are about to Un-Invert the yield curve. This is the longest Inverison in history. July 6th 2022 is when it started. Over 2+ years and we still haven’t flipped. The bond market however is basically telling the FED what’s going to happen. They should have cut on July 31st. A .25% cut will do nothing. The lag effect takes months. They better giddy up.
1 · Reply
rsmracks
rsmracks Aug. 1 at 10:37 AM
$BGT $PHK $PTY $TLT $USHY Long bonds have completely outperformed short term treasuries, money markets and CD’s the last 12+ months. Those that accumulated over the last 12-18 months, congratulations. 👍
0 · Reply
rsmracks
rsmracks Jul. 15 at 9:20 AM
$SPY $BND $BGT $DLY $PTY https://awealthofcommonsense.com/2024/07/a-balanced-portfolio-always-comes-with-regrets/
0 · Reply
Ali_G_and_Doge
Ali_G_and_Doge Jul. 12 at 8:47 AM
$BGT easy short here
0 · Reply
Ali_G_and_Doge
Ali_G_and_Doge Jul. 8 at 11:30 PM
$BGT ok taking gains
0 · Reply
Ali_G_and_Doge
Ali_G_and_Doge Jun. 18 at 10:45 PM
$BGT buyable dip 👀
0 · Reply
rsmracks
rsmracks Jun. 15 at 10:59 AM
$DLY $BGT $PHK $TLT $SPY For the last 18+ months I’ve mentioned multiple times to start building some long term bond exposure. DLY and BGT have been two of my favorites. Let’s look back at DLY the last year. While trillions remain locked up in short term vehicles paying 5%, long term bonds have marked up considerably. Going back to the low, DLY has marked up about 20% plus distributions. 30% Going back one year, it’s increased just under 10% plus it’s distributed roughly 9% monthly. So the return on DLY almost 20% in the last 12 months. Much better than a 5% money market or CD. It’s time for more money to come off the sidelines and get to work. https://www.morningstar.com/markets/is-t-time-ditch-your-money-market-fund-longer-term-bonds
1 · Reply
rsmracks
rsmracks May. 14 at 8:38 PM
$BGT $PHK $SPY $TLT $GOLD My post from one year ago. BGT up 22% plus distributions. While everyone is sitting on cash making 5% They could have been accumulating long corporate bonds. Basically 30+% returns in one year. It would take 6 years to get that with a 5% money market. Oh well, let us eat the cake. 🎂
0 · Reply