BlackRock Floating Rate Income Trust (BGT) Yield on Cost (YOC): 13.54%
The yield on cost (YOC) for BlackRock Floating Rate Income Trust (BGT) is 13.54%.
BGT Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
13.54%
Yield on Cost for BGT
BGT now pays $1.44 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-14) | $12.94 | 11.13% |
| 5 years ago(2021-06-16) | $12.91 | 11.15% |
| 3 years ago(2023-06-16) | $11.28 | 12.77% |
| 1 year ago(2025-06-23) | $12.24 | 11.76% |
| Buying today(at $10.66) | $10.66 | 13.54% |
If you buy today and the dividend keeps growing
Projection: starting from today's 13.54% yield, assuming the dividend keeps compounding at its historical 10.1% rate. Boards set dividends each year, so actual figures will differ.
Today
13.54%
In 3 years
25.07%
In 5 years
37.81%
In 10 years
105.60%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for BlackRock Floating Rate Income Trust (BGT).
Starting Yield
13.51%
Ending YOC
57.12%
Year 15 Dividend
$6.09
Cum. Dividends Recd.
$50.73
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.44 | — | 13.51% | $0.00 |
| Year 1 | $1.59 | +10.09% | 14.87% | $1.59 |
| Year 2 | $1.75 | +10.09% | 16.37% | $3.33 |
| Year 3 | $1.92 | +10.09% | 18.02% | $5.25 |
| Year 4 | $2.12 | +10.09% | 19.84% | $7.37 |
| Year 5 | $2.33 | +10.09% | 21.84% | $9.70 |
| Year 6 | $2.56 | +10.09% | 24.05% | $12.26 |
| Year 7 | $2.82 | +10.09% | 26.48% | $15.08 |
| Year 8 | $3.11 | +10.09% | 29.15% | $18.19 |
| Year 9 | $3.42 | +10.09% | 32.09% | $21.61 |
| Year 10 | $3.77 | +10.09% | 35.33% | $25.37 |
| Year 11 | $4.15 | +10.09% | 38.89% | $29.52 |
| Year 12 | $4.56 | +10.09% | 42.81% | $34.08 |
| Year 13 | $5.02 | +10.09% | 47.13% | $39.11 |
| Year 14 | $5.53 | +10.09% | 51.89% | $44.64 |
| Year 15 | $6.09 | +10.09% | 57.12% | $50.73 |
BlackRock Floating Rate Income Trust Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
BlackRock Floating Rate Income Trust Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for BlackRock Floating Rate Income Trust (BGT)?
- The yield on cost (YOC) for BGT stock is 13.54%.
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