Blackrock Global (BGT) Stock Price, Quote & News

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

Website: www.blackrock.com

Address:

50 Hudson Yards, New York, United States

rsmracks Feb. 1 at 1:25 PM

$DLY $BGT $SCHP $KORP $TLT Why This is a Good Idea (2026–2031) Attractive Yields: After significant Fed rate hikes, bond yields are historically high, offering a solid income base, even with some expected rate cuts. Reduced Volatility: Weekly accumulation (DCA) helps smooth out the purchase price, protecting you from buying exclusively when prices are high. A five-year horizon fits well with intermediate-term bonds, which offer a balance of better yields than short-term instruments without the extreme price volatility of long-term bonds. Diversification: Bond funds offer instant diversification, reducing the credit risk of holding individual bonds. Recommendations for the Next 5 Years Focus on Quality: Favor high-quality investment-grade corporate or treasury bonds. Intermediate Duration: Focus on bond funds with an average maturity of 3–8 years to maximize income while limiting interest-rate sensitivity. Tax Considerations: tax-advantaged account (IRA/401k), consider muni funds

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rsmracks Jan. 29 at 10:42 AM

$TLT $NMCO $SCHP $DLY $BGT Why bonds? Diversification Cushion: Historically, bonds have maintained a negative or low correlation to stocks, meaning they often gain value when stocks plummet, providing crucial portfolio protection. Yield Cushion: As of late 2025, bonds are better positioned to handle sell-offs compared to 2022 because higher starting yields (e.g., 3.8% in Q4 2024 vs. 1.5% in Q1 2022) provide income that can buffer against price declines. Scenario-Dependent Performance: If a 40% stock market drop is driven by recession fears (causing interest rates to fall), bond prices will likely rise. If it is caused by a massive spike in inflation and rates (a "stagflation" scenario), bond funds could experience temporary price declines. Overall, while the 60/40 portfolio (60% stocks, 40% bonds) has experienced drawdowns, it generally sees significantly shallower losses than a 100% stock portfolio. Eventually I see my account 50% commodities and 50% bond funds.

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Ali_G_and_Doge Jan. 23 at 11:11 PM

$FRA $BGT shorting both of these. Junk.

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rsmracks Jan. 19 at 3:32 PM

$SPY $TLT $DLY $BGT $BND A "frozen" bond market—characterized by a severe lack of liquidity where trading halts, new issuance dries up, and buyers disappear—typically acts as a precursor to or symptom of a severe financial crisis, such as in 2008 or early 2020. If the market is frozen for the next 6 months, it generally implies a period of high volatility, elevated credit risk, and widening spreads Here is what this means for bonds over the next 6 months: Plunging Prices and Spiking Yields: As dealers stop making markets and liquidity evaporates, investors rush to sell, driving bond prices down and yields up, often regardless of the underlying credit quality. Corporate Bond Distress: Corporate bond issuance will likely decline dramatically. Companies with upcoming debt maturities will face extreme difficulties refinancing, significantly increasing default risks. Extreme Volatility: The market will likely experience "deleveraging convulsions," with large, sudden swings in value.

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rsmracks Jan. 18 at 3:56 AM

$DLY $BGT $NMCO $XOP $XLE Leveraged funds versus non leveraged. DLY, BGT and NMCO are closed end funds own. All three are leveraged. When a market downturn occurs, the pricing pressure will affect them the most. First they would more than likely need to shed the leverage. While DLY is running 14+% leverage, BGT is basically flat with .15% leverage. Now NMCO is running 42% leverage. That could be an issue. XOP and XLE are both non-leveraged ETF’s. While I hold several individual energy tickers, like CTRA, EGY, ET, PBR-A, REI, RNGR and TTE, I’ve been building my XOP and XLE positions the most. Individual Stock Risk vs. ETF Diversification: Individual stocks, especially in the cyclical energy sector, carry higher idiosyncratic risk, meaning they can experience much deeper, faster declines than a diversified ETF, notes Matt Willer of Phoenix Capital Group. While an individual stock has higher potential for gains, it also has a higher risk of "dying by the sword" during a downturn.

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rsmracks Jan. 6 at 11:07 AM

$DLY $BGT $KORP $PHK $PTY “Corporate bonds as an asset class outperformed government bonds of a similar maturity by over 1.2 percentage points. The same is true for mortgage-backed securities, which outperformed similar Treasuries by 1.6 points.” You’ll recall, for the last 2 years or so, I’ve been suggesting to accumulate corporate bonds. If you want some diversification in your accounts, adding a few bond funds is a good idea. There are hundreds of ways to do this. Via mutual funds, closed end funds and ETF’s. I’m still accumulating bond funds. I will hold more corporate bonds, but have and will add more Muni’s and government bonds as well. https://www.morningstar.com/funds/how-largest-bond-funds-did-2025

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rsmracks Dec. 31 at 11:42 PM

$SPY $JPM $TLT $DLY $BGT “Despite a potential AI tailwind, global GDP growth is forecast to moderate in 2026 amid the hit to international trade from Trump’s tariff policies. Consumer demand – squeezed by years of elevated inflation and borrowing costs – remains under pressure.” I will continue executing my plan as we move into 2026. 50% miners 20-25% bond funds 20-25% energy I’m going to move into some fertilizer positions again as well as emerging markets. Looking for more dividends/distributions moving forward. https://www.theguardian.com/business/2025/dec/30/five-charts-that-explain-the-global-economic-outlook-for-2026

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rsmracks Dec. 30 at 11:41 AM

$SPY $JPM $DLY $BGT $PCN The pressure will continue to build. Especially if interest rates remain elevated. The days of cheap money are gone. It doesn’t matter what the FED does with short term rates. Longer term debt is going to cost more. Margin compression is coming and my timelines still remain in place. Peak markets 2026. Rollover in 2027. The powers that be will dump The Big Ugly on Trumps watch. Global reset is coming. The government’s around the world need to allow things to fail when it all starts occurring. It’s the only way to truly cut the fat. Unrealistic evaluations and absolute euphoria will slaughter the markets. Prepare yourselves. Default Risk: The average U.S. corporate default risk was elevated (around 9.2%) heading into 2025, a post-financial crisis high, according to Moody's. Maturities: A significant portion (38%) of outstanding corporate bond debt is set to mature by 2027, posing refinancing challenges at higher rates, reports the OECD.

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rsmracks Dec. 28 at 1:08 PM

$IGIB Here’s an example of an investment grade corporate debt bond fund. For two straight years we’ve seen steady buy volume. It pays a monthly dividend, which currently yields 4.58% Loan duration 5-10 years. I’m personally building and accumulating a mix of corporate debt, municipals and federal government bonds. Some of my corporate debt funds are higher risk than others. Those offer yields in the 8-12% range. Muni’s around 4-5% that are free of federal income tax and a mix of other bond funds. Funds will be a mix of short duration, mid duration and long duration. TLT is what I’ll be using for longer term debt. Building a 20-25% portfolio weight. 2-3% weights x 8-10 funds. Miners and energy will make up the rest of my portfolio for the most part. $DLY $BGT $NMCO $PGP

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rsmracks Dec. 28 at 12:41 PM

$DLY $BGT $VCIT $NMCO $NUV Fixed income could outperform the broader market over the next decade due to significantly higher starting yields (offering rich income streams), potential central bank rate cuts boosting bond prices, strong demand from income-seeking investors, and their classic role in diversifying equity risk, especially if economic growth slows or inflation moderates, creating a favorable backdrop for bonds to provide capital preservation and income alongside potential capital appreciation from falling rates. Elevated Yields: After years of low rates, current yields on many bonds (like Treasuries and Munis) are the most attractive in a generation, providing a strong income foundation. Diversification & Stability: Bonds provide crucial portfolio diversification, capital preservation, and liquidity, especially during equity market volatility. There’s many reasons I’m restructuring my Portfolio, but capital preservation is probably the #1 reason.

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BGT: Earnings Unlikely To Improve As Long As Interest Rates Are High (Rating Downgrade)

Nov 25, 2025, 7:04 AM EST - 2 months ago

BGT: Little Chance Of Outsized Returns, But Risks Are Manageable

Oct 16, 2025, 6:20 PM EDT - 3 months ago

BGT: Floating Rate Loans CEF Under Pressure

Jul 14, 2025, 11:37 AM EDT - 7 months ago

BGT: The Golden Era For Floating Rate Funds Have Passed

Apr 29, 2025, 5:58 AM EDT - 9 months ago

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

Feb 3, 2025, 11:38 PM EST - 1 year ago

BGT: Solid Returns But High Fees And High Volatility

Nov 11, 2024, 12:00 PM EST - 1 year ago

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

Aug 6, 2024, 11:45 PM EDT - 1 year ago

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

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

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

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

Feb 22, 2024, 5:54 PM EST - 2 years ago

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

Dec 15, 2023, 1:00 PM EST - 2 years ago

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

BBN BDJ CAF DSU ETX FMY FRA

Dec 2, 2023, 4:31 AM EST - 2 years ago

BGT: The Glory Days For Floaters May Be Ending

Oct 21, 2023, 12:21 AM EDT - 2 years ago

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

Sep 25, 2023, 12:00 PM EDT - 2 years ago

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

FRA JFR PHD VVR

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

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

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

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

DSU FRA NMI

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

BGT: Amortizing 'Return Of Principal' Loan Fund

Apr 14, 2023, 4:30 PM EDT - 3 years ago

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

BCX BFK BFZ BGR BGY BLE BMEZ

Mar 16, 2023, 8:03 AM EDT - 3 years ago

Weekly Closed-End Fund Roundup - March 5, 2023

ACP AGD ASGI FRA

Mar 4, 2023, 2:09 AM EST - 3 years ago

BGT: Floaters Still Look Attractive

Oct 28, 2022, 11:50 AM EDT - 3 years ago

FRA And BGT: Distribution Boosts And Wide Discounts

FRA

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

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

Apr 27, 2022, 10:40 PM EDT - 4 years ago

BGT: Value Re-Appears In This Floating Rate CEF

Dec 15, 2021, 12:51 PM EST - 4 years ago

BGT: Near-Term Outlook More Modest Now

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

BGT: I See Merit To Buying Floaters

Apr 24, 2021, 6:43 AM EDT - 5 years ago

BGT: A Decent Option For Floating Rate Exposure

Apr 1, 2021, 3:59 PM EDT - 5 years ago

Closed-End Funds: Senior Loan Funds Revisited

BGB BGX BSL DSU ECC ECCX HFRO

Feb 8, 2021, 6:00 AM EST - 5 years ago

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

BGB BIT PHD BSL

Jan 3, 2021, 9:42 AM EST - 5 years ago

Income Lab Ideas: Senior Loan Funds

BGB BGX BSL DSU JFR VTA VVR

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

The Falling Out Of Love With CEFs

EFR EXG MQT

Feb 3, 2020, 11:32 PM EST - 6 years ago

What Worked In CEFs Last Year

CIK TYG

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

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

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

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

Assessing If The Time Is Right To Get Into Floating Rate

ARDC FRA

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

5 Best CEFs To Buy For October 2019

FPF HTD PGZ UTG

rsmracks Feb. 1 at 1:25 PM

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rsmracks Jan. 29 at 10:42 AM

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Ali_G_and_Doge Jan. 23 at 11:11 PM

$FRA $BGT shorting both of these. Junk.

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rsmracks Jan. 19 at 3:32 PM

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rsmracks Jan. 18 at 3:56 AM

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rsmracks Jan. 6 at 11:07 AM

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rsmracks Dec. 31 at 11:42 PM

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rsmracks Dec. 30 at 11:41 AM

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rsmracks Dec. 28 at 1:08 PM

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rsmracks Dec. 28 at 12:41 PM

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rsmracks Dec. 21 at 3:36 AM

These are a few bond funds that I’ve added to my list. $DLY $BGT $TLT These are the 3 funds I’ve started positions in. As we move into 2026, I will continue taking profits with my mining positions and rotate more into bonds. I’ve also mentioned that I will be adding to my $XOP $XLE positions as well. I want more sector exposure without single ticker risk. Protecting myself from one off events. Miners are still 70+% of my portfolio. Energy is about 13% Bond funds about 4% Lately, as I trim miners and add to my other sectors, I’m not dropping below the 70+% level because miners continue to run. I’m obviously not complaining, but I will get more aggressive in January rotating. I don’t need anymore capital gains on this years taxes. NMCO DBL VCIT These 3 funds will more than likely be my next tickers in the bond space. Bond investors (creditors) are paid before equity holders (stockholders) in a company's liquidation because they have a higher claim on assets.

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rsmracks Dec. 9 at 12:35 AM

$TLT $SPY $DLY $BGT The "dots" from the September meeting, when the Fed resumed its easing cycle with a 25-bp cut, showed a policy rate of 3.6% by the end of this year, 3.4% at the end of 2026, and 3.1% by the conclusion of 2027. Janus Henderson's Wilensky thinks the Fed will stick to the 3.4% policy rate next year in the dot plot, higher than the 3% being priced by the market. Examples of Funds (Tickers): iShares 7-10 Year Treasury Bond ETF (IEF): Focuses on U.S. Treasury bonds with 7-10 years remaining until maturity. iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB): Provides exposure to investment-grade corporate bonds with 5-10 year maturities. Vanguard (VGIT): Offers exposure to intermediate-term U.S. Treasuries. Vanguard-(VCIT): Tracks an index of intermediate-term investment-grade corporate bonds. I’m in BGT, DLY and TLT. I will continue adding others. https://www.kitco.com/news/off-the-wire/2025-12-08/us-bond-investors-bet-mild-easing-cycle-stick-middle-curve

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rsmracks Dec. 4 at 11:14 PM

$BGT Opened my starter position in BGT today. Continuing to scale into corporate bonds. Discount to NAV 5+% Distributions monthly 12+% https://www.cefconnect.com/fund/BGT

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rsmracks Dec. 2 at 11:15 AM

$TLT $DLY $BND $BGT $JBND As I’ve been saying for a while now, keep accumulating bonds. They’ll work when the Big Ugly arrives. Out of favor sectors always come back in favor at some point. A good bond fund can generate 4-7% in yields. The lost decade in the stock market is coming. As I rebalance my portfolio into H1 2026, I can assure you, I will be adding more bonds. https://x.com/callum_thomas/status/1995594168773869980?s=46

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Profvonshredder Nov. 20 at 10:56 PM

$BGT why has this been tanking so much?

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rsmracks Oct. 5 at 1:53 AM

$VCIT $DLY $BGT $PCN $SPY Back in late 2022/early 2023 I started mentioning that corporate bonds were in a great accumulation period. At the same time I was also suggesting accumulating mining companies and emerging markets. We are now leaving the bottom of the accumulation phase. The first mark up period is occurring. I see two more levels of extensions coming our way. I continue to be completely overweight mining companies. I will begin taking more profits and moving some proceeds to individual grade A corporate bonds and bond funds. 70% core equities in miners/energy 30% bonds At some point I will scale in short positions to hedge. In the green circle, that’s the area I believe we’re in. That goes for miners, energy, emerging markets and bonds. I still like agribusinesses as well. I’m currently weighted at 80% mining companies. Buckle up. 👍 https://chartschool.stockcharts.com/table-of-contents/market-analysis/wyckoff-analysis-articles/the-wyckoff-method-a-tutorial

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RektRecovery Aug. 23 at 7:21 AM

$BGT BlackRock Floating Rate Income Trust is a bank loan focused closed-end fund

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Ali_G_and_Doge Aug. 12 at 9:54 PM

$BGT out

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rsmracks Jul. 23 at 11:01 AM

$SPY $DLY $DBL $BGT $PHK Rick mentions towards the end what I’ve been saying for 2+ years. Corporate bonds are solid, especially moving forward as short term yields ultimately fall. Individual higher grade bonds are paying 5-7% There simply isn’t much risk there. As money market and CD rates fall towards 2.5-3% in 2026, those that accumulated bonds will be earnings 100+% more in interest. Remember, bond holders get paid before anyone. A good look into municipal bonds is a good idea as well. Especially for their tax savings. As this year moves forward I will continue orchestrating my plan. At some point I will hold; 70% core positions (miners and energy mainly) 30% corporate bonds (individual and CEF’s) 30% hedge on short positions. I have not started any shorts yet. https://youtu.be/EPkiW9N_ies

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rsmracks Jul. 16 at 1:10 AM

$DLY $BGT $AGD $BCX $IFN Do you understand what a Closed End Fund really is and how it works? I personally really like CEF’s Much better than mutual funds and most ETF’s. https://youngandtheinvested.com/best-closed-end-funds-cefs/?utm_source=google&utm_medium=cpc&utm_campaign=21474772987&utm_content=705817766617&utm_term=best%20closed%20end%20funds&place=&net=g&match=p&adgroupid=164486754843&gad_source=1&gad_campaignid=21474772987&gclid=Cj0KCQjw-NfDBhDyARIsAD-ILeAJ9Hp23huctj0bDxoDHJqE2oGNqyDra8G4zgt-nT8a5Jf1jLtYzi4aAtlCEALw_wcB

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Ali_G_and_Doge Jul. 15 at 11:27 AM

$BGT back in

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justcomments Jun. 26 at 12:00 AM

Cleaning portfolio from trash. Dumped $BGT $CHY $NPFD $RIET. It is sometimes difficult to understand why people buy things like that.

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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