BlackRock Floating Rate Income Trust (BGT) Tax Rate: 0.00%
Is BlackRock Floating Rate Income Trust’s tax rate high or low?
BlackRock Floating Rate Income Trust's tax rate of 0.00% is 100% below its 5-year average of 58.63%, around the middle of its 5-year range (-356.81%–559.30%).
BGT Tax Rate Chart
BGT Average Tax Rate Chart
BGT Current vs Average Tax Rate Chart
BGT Tax Rate Metrics
TAX RATE
0.00%
TAX RATE AVG TTM
0.00%
TAX RATE AVG 3Y
-71.83%
TAX RATE AVG 5Y
58.63%
TAX RATE AVG 10Y
75.71%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+100.00%
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
-100.00%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
BlackRock Floating Rate Income Trust Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
BlackRock Floating Rate Income Trust Tax Rate FAQ
- What is the tax rate for BlackRock Floating Rate Income Trust (BGT)?
- The tax rate for BGT stock is 0.00%.
- Is BlackRock Floating Rate Income Trust's tax rate high or low?
- BlackRock Floating Rate Income Trust's tax rate of 0.00% is 100% below its 5-year average of 58.63%, around the middle of its 5-year range (-356.81%–559.30%).
- What is the TTM average tax rate for BlackRock Floating Rate Income Trust (BGT)?
- The TTM average tax rate for BGT stock is 0.00%.
- What is the 3Y average tax rate for BlackRock Floating Rate Income Trust (BGT)?
- The 3Y average tax rate for BGT stock is -71.83%.
- What is the 5Y average tax rate for BlackRock Floating Rate Income Trust (BGT)?
- The 5Y average tax rate for BGT stock is 58.63%.
- What is the 10Y average tax rate for BlackRock Floating Rate Income Trust (BGT)?
- The 10Y average tax rate for BGT stock is 75.71%.
BlackRock Floating Rate Income Trust Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 0.00% |
| 2024-12-31 | 0.00% |
| 2023-12-31 | 69.49% |
| 2022-12-31 | -356.81% |
| 2021-12-31 | 79.81% |
| 2020-12-31 | 559.30% |
| 2019-10-31 | 222.56% |
| 2018-10-31 | -1.23% |
| 2017-10-31 | 98.02% |
| 2016-10-31 | 85.97% |
| 2015-10-31 | -96.93% |
| 2014-10-31 | -44.56% |
| 2013-10-31 | 24.12% |
| 2012-10-31 | 37.36% |
Related Metrics
About BlackRock Floating Rate Income Trust
BlackRock Floating Rate Income Trust, an investment vehicle established in the United States on August 30, 2004 (originally known as BlackRock Global Floating Rate Income Trust), operates as a closed-end mutual fund concentrating on fixed income. Jointly managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc., under the umbrella of BlackRock Inc., the Trust strategically allocates capital to fixed income instruments across international markets, with a significant emphasis on opportunities within the United States. Its portfolio primarily comprises corporate bonds issued by companies spanning various sectors. A key characteristic of its investment strategy is maintaining an average effective portfolio duration of no more than 1.5 years.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Charles Choon Sik Park