CEF Advisors AICA Event NAVigator Podcast

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BlackRock Floating Rate Income Trust (BGT)

Taxable Bond Funds - Loan Participation

Data as of Aug. 18, 2022
Market Price $11.94 (+ $0.02)
NAV (Aug. 18, 2022) $12.78 (- $0.01)
Fund Listed NYSE
Premium / Discount -6.57% (+0.23%)
Fund Info
Inception Aug. 30, 2004
Sponsor BlackRock Advisors
Website www.blackrock.com/inve...
Phone 1-800-882-0052
Location Delaware
Incorporated Delaware
Staggered Board Yes
Objective: Current income; Floating and variable rate instruments of US and non-US issuers
Related Indexes
Senior Loan Index
60/40 Balanced (w/ BDCs) Index
US Bond Index
Capital & Leverage
Outstanding Shares 22,370,659
Total Assets (Reported: Dec. 31, 2021) $461M
Estimated Total Assets $420M
Net Assets $286M
Market Cap $267M
Portfolio Turnover 50.00%
Total Leverage 31.93%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.60%
Non Lev Exp Ratio 1.19%
Rel Lev Cost 0.84%
Discount Data
Average Discount (3 Yr) -8.27%
Discount Low(3 Yr) -29.72%
Discount High(3 Yr) 7.56%
Discount Rel Range 62.09%
Comp Discount -0.12
Discount St Dev (1Yr) 4.79
Z-Stat (6mo) 0.33
Z-Stat (1Yr) -0.61
Z-Stat (3Yr) 0.33
Comp Z-Stat (6mo) 0.04
Comp Z-Stat (3Yr) 0.13
Distribution Data
Market Yield 6.50%
Income Yield 6.28%
Lev Adj NAV Yield 4.60%
Distribution Frequency M
Current Distribution $0.065
Current Income $0.063
Ex-Date 8/12/22
Payable Date 8/31/22
Div Growth (3yr) -3.14%
Dividend Change -15.3% on 12/4/20
Expected Div 9/1/22
RoC (1yr) 13.53%
RoC (3yr) 15.07%
Tax Dividend Data 2021 2019 - 2021
Income 84.5% 87.3%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 15.5% 12.7%
Volume & Liquidity
Average Daily $ (K) $923
Avg Volume 30 day 60,549
Avg Volume 90 day 77,276
Volume Trend -21.65%
Comp Volume Trend -5.97%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Senior Loan Index
Most Correlated Peer (Mk Pr): FRA 75.0%
NAV - Price Correlation (30 d) 85.9%
NAV - Price Correlation (90 d) 61.4%
NAV - Price Correlation (1 Yr) 90.2%
Price St Dev (1Yr) 16.6%
NAV St Dev (1Yr) 4.5%
Earnings / Share (6/30/22) $0.059
Earn Coverage 91.65%
Earnings Trend Up
UNII / Share (6/30/22) $-0.049
Rel UNII -6.53
UNII Trend Down
Bond Specific Data
Maturity 4.41
Duration -7.72
Credit Rating (rbo) BBB
Investment Grade 29.19%
Non Investment Grade 69.42%
Unrated Bonds 1.39%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Senior Loan Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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