BlackRock Floating Rate Income Trust

BlackRock Floating Rate Income Trustverified

BGT

Price:

$12.96

Market Cap:

$291.55M

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

2004-08-30

Stock Exchange

NYSE

Ticker

BGT

The Enterprise Value as of November 2024 (TTM) for BlackRock Floating Rate Income Trust (BGT) is 389.38M

According to BlackRock Floating Rate Income Trust’s latest financial reports and current stock price. The company's current Enterprise Value is 389.38M. This represents a change of 8.67% compared to the average of 358.30M of the last 4 quarters.

BlackRock Floating Rate Income Trust (BGT) Historical Enterprise Value (quarterly & annually)

How has BGT Enterprise Value performed in the past?

The mean historical Enterprise Value of BlackRock Floating Rate Income Trust over the last ten years is 421.48M. The current 389.38M Enterprise Value has changed 9.14% with respect to the historical average. Over the past ten years (40 quarters), BGT's Enterprise Value was at its highest in in the October 2017 quarter at 487.24M. The Enterprise Value was at its lowest in in the September 2022 quarter at 332.45M.

Quarterly (TTM)
Annual

Average

421.48M

Median

423.74M

Minimum

334.24M

Maximum

485.83M

BlackRock Floating Rate Income Trust (BGT) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of BlackRock Floating Rate Income Trust Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 16.48%

Maximum Annual Enterprise Value = 485.83M

Minimum Annual Increase = -26.48%

Minimum Annual Enterprise Value = 334.24M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023374.11M11.93%
2022334.24M-26.48%
2021454.59M16.48%
2020390.28M-3.37%
2019403.91M-8.67%
2018442.25M-8.97%
2017485.83M3.76%
2016468.25M15.55%
2015405.23M-11.16%
2014456.12M-5.99%

BlackRock Floating Rate Income Trust (BGT) Average Enterprise Value

How has BGT Enterprise Value performed in the past?

The current Enterprise Value of BlackRock Floating Rate Income Trust (BGT) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

387.65M

5-year avg

391.43M

10-year avg

421.48M

BlackRock Floating Rate Income Trust (BGT) Enterprise Value vs. Peers

How is BGT’s Enterprise Value compared to its peers?

BlackRock Floating Rate Income Trust’s Enterprise Value is less than Nuveen Mortgage and Income Fund (0), greater than Nuveen Senior Income Fund (135.59M), greater than Nuveen Floating Rate Income Opportunity Fund (259.73M), less than Apollo Senior Floating Rate Fund Inc. (477.61M), greater than Eaton Vance Senior Income Trust (329.38M), greater than Pioneer Floating Rate Fund, Inc. (119.37M), greater than Virtus Convertible & Income 2024 Target Term Fund (182.61M), greater than Eaton Vance Floating-Rate Income Trust (179.18M), less than NXG NextGen Infrastructure Income Fund (530.80M), greater than GAMCO Natural Resources, Gold & Income Trust (178.91M), greater than MFS Investment Grade Municipal Trust (94.76M), greater than Western Asset Global High Income Fund Inc. (110.18M), greater than BlackRock Floating Rate Income Strategies Fund, Inc. (236.31M), less than Calamos Convertible and High Income Fund (637.25M), less than Blackstone/GSO Strategic Credit Fund (1.39B), less than null (890.61M),

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Frequently asked questions❓

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What is BlackRock Floating Rate Income Trust's Enterprise Value?

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What is the 3-year average Enterprise Value for BlackRock Floating Rate Income Trust (BGT)?

What is the 5-year average Enterprise Value for BlackRock Floating Rate Income Trust (BGT)?

How does the current Enterprise Value for BlackRock Floating Rate Income Trust (BGT) compare to its historical average?