BlackRock Floating Rate Income Trust (BGT)
BlackRock Floating Rate Income Trust is focused on investing in fixed income markets globally, with an emphasis on U.S. corporate bonds, maintaining an average effective duration of no more than 1.5 years.
Expense Ratio
BGT has a high expense ratio of 1.74%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
BlackRock Floating Rate Income Trust (BGT) returned -2.19% year-to-date (YTD) and 1.22% over the past 12 months. Over the past 10 years, BGT returned 6.59% annually, underperforming the S&P 500 benchmark at 10.46%.
BGT
-2.19%
3.95%
-2.42%
1.22%
12.32%
6.59%
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
Monthly Returns
The table below presents the monthly returns of BGT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.02% | 0.24% | -0.87% | 0.13% | -1.71% | -2.19% | |||||||
| 2024 | 0.67% | 5.21% | 1.85% | -0.32% | 2.32% | -0.93% | 4.26% | -2.81% | 2.93% | 1.79% | 1.09% | -0.71% | 16.13% |
| 2023 | 7.51% | -0.02% | -2.41% | 2.04% | -1.08% | 6.08% | 3.23% | 1.98% | 1.10% | -2.73% | 3.90% | 4.54% | 26.29% |
| 2022 | -4.29% | -3.87% | 0.06% | -6.89% | -2.31% | -3.36% | 8.50% | -3.61% | -4.19% | 1.94% | 7.01% | -5.68% | -16.57% |
| 2021 | 2.29% | 3.36% | 1.41% | 1.56% | 0.35% | 2.43% | 1.20% | 1.42% | 2.10% | 3.28% | 2.09% | 1.79% | 25.90% |
| 2020 | 1.87% | -7.09% | -18.38% | 8.43% | 4.26% | 1.17% | 1.80% | 3.67% | -1.10% | -0.41% | 7.73% | 0.25% | -0.81% |
| 2019 | 5.46% | 2.82% | -1.52% | 3.79% | -2.29% | 1.81% | 1.51% | -2.66% | 1.62% | 1.86% | 2.23% | 3.21% | 18.97% |
| 2018 | -0.86% | 0.65% | 1.51% | -0.94% | -1.82% | -2.62% | 1.70% | -0.06% | 0.78% | -3.17% | -3.23% | -4.37% | -11.95% |
| 2017 | 3.27% | -0.28% | -0.64% | 3.14% | -0.28% | -3.79% | 0.35% | -0.87% | 2.83% | 1.84% | -3.37% | 1.95% | 3.91% |
| 2016 | -2.80% | -0.34% | 6.97% | 0.86% | 2.71% | -1.08% | 1.68% | 1.90% | 1.95% | 0.87% | 1.11% | 4.36% | 19.39% |
| 2015 | 1.25% | 4.75% | -0.18% | 0.71% | 0.42% | -3.31% | 0.27% | -1.36% | -1.63% | 3.12% | 0.62% | -1.35% | 3.10% |
| 2014 | 0.93% | 0.73% | 1.35% | -0.99% | 0.50% | 1.78% | -0.64% | 1.36% | -2.12% | -4.04% | -0.11% | -0.65% | -2.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BGT is 35, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Floating Rate Income Trust (BGT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
BlackRock Floating Rate Income Trust provided a 11.93% dividend yield over the last twelve months, with an annual payout of $1.44 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.44 | $1.44 | $1.28 | $0.75 | $0.78 | $0.89 | $0.82 | $0.77 | $0.70 | $0.77 | $0.76 | $0.85 |
Dividend yield | 11.93% | 11.22% | 10.36% | 6.87% | 5.55% | 7.58% | 6.33% | 6.64% | 5.03% | 5.44% | 6.04% | 6.65% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Floating Rate Income Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.12 | $0.12 | $0.12 | $0.12 | $0.00 | $0.48 | |||||||
| 2024 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.44 |
| 2023 | $0.08 | $0.08 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $1.28 |
| 2022 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.08 | $0.08 | $0.08 | $0.75 |
| 2021 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.13 | $0.78 |
| 2020 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.13 | $0.89 |
| 2019 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.15 | $0.82 |
| 2018 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.17 | $0.77 |
| 2017 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.12 | $0.70 |
| 2016 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.18 | $0.77 |
| 2015 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.12 | $0.76 |
| 2014 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.16 | $0.85 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Floating Rate Income Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Floating Rate Income Trust was 58.31%, occurring on Dec 15, 2008. Recovery took 290 trading sessions.
The current BlackRock Floating Rate Income Trust drawdown is 6.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.31% | Jul 10, 2007 | 364 | Dec 15, 2008 | 290 | Feb 10, 2010 | 654 |
| -41.9% | Jan 24, 2020 | 38 | Mar 18, 2020 | 210 | Jan 15, 2021 | 248 |
| -24.65% | Jan 3, 2011 | 191 | Oct 4, 2011 | 237 | Sep 12, 2012 | 428 |
| -23.19% | Dec 30, 2021 | 117 | Jun 16, 2022 | 376 | Dec 14, 2023 | 493 |
| -15.97% | Mar 3, 2010 | 56 | May 20, 2010 | 93 | Oct 1, 2010 | 149 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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