BlackRock Floating Rate Income Trust (BGT) Total Return:-1.78%(TTM)
Over the latest trailing 12-month period, BlackRock Floating Rate Income Trust (BGT)'s total return cagr is -1.78%. The comparable SPY value is +26.75%. Year-to-date total return is +0.44%. Total return includes price appreciation and reinvested dividends.
Growth of $10,000 in BGT
$28,411
(2.8x return)
Invested on Aug 26, 2004
Growth of $10,000 in SPY (S&P 500)
$99,530
(10.0x return)
Invested on Aug 26, 2004
Hypothetical Growth of $10,000
This chart illustrates the cumulative performance of a hypothetical $10,000 investment. It assumes that all dividends paid by both the stock and SPY are reinvested in additional shares on the payment date, showing the true long-term compounding impact of distributions.
Recent Performance Indicators
YTD Total Return
+0.4%
1-Year Total Return
-1.8%
Current Dividend Yield
13.54%
Price CAGR vs. Total Return CAGR
Compound Annual Growth Rate (CAGR) is shown below. The difference between price CAGR and total return CAGR is the compound contribution of dividends reinvested.
| Holding Period | Price CAGR | Total Return CAGR | Dividend Addition |
|---|---|---|---|
| 1 Year | (13.3%) | (1.8%) | +11.6% |
| 3 Years | (1.9%) | +10.3% | +12.1% |
| 5 Years | (3.6%) | +6.6% | +10.2% |
| 10 Years | (1.9%) | +6.4% | +8.3% |
| 15 Years | (2.3%) | +5.4% | +7.8% |
| 20 Years | (2.6%) | +5.2% | +7.9% |
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