BlackRock Floating Rate Income Trust (BGT) Net Income
The trailing-twelve-month (TTM) net income for BlackRock Floating Rate Income Trust (BGT) is $27.36 Million with a year-over-year change of (54.51%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
BGT Annual Net Income
Net Income (TTM)
$27.36M
$27.36 Million
Year-over-Year Change
(54.51%)
vs. $60.15M a year ago (TTM)
Net Income CAGR
(7.76%)
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(54.51%)
3 Year
(9.28%)
5 Year
(7.76%)
10 Year
+5.55%
15 Year
N/A
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $19.43M | ($5.62M) | (22.43%) |
| 2024 | $25.05M | ($14.05M) | (35.94%) |
| 2023 | $39.10M | +$45.05M | — |
| 2022 | ($5.95M) | ($24.21M) | (132.56%) |
| 2021 | $18.26M | +$15.57M | +577.86% |
| 2020 | $2.69M | ($6.27M) | (69.93%) |
| 2019 | $8.96M | ($4.14M) | (31.58%) |
| 2018 | $13.09M | ($6.94M) | (34.63%) |
| 2017 | $20.03M | ($2.02M) | (9.17%) |
| 2016 | $22.06M | +$12.10M | +121.49% |
Net Income Growth Summary
TTM Growth
(54.51%)
3-Year Avg Growth
(9.28%)
5-Year Avg Growth
(7.76%)
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