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BGT / BGT: Value Re-Appears In This Floating Rate CEF
BGT News
By Seeking Alpha
October 21, 2023
BGT: A Golden Standard Leveraged Loan CEF, 11.7% Yield
The BlackRock Floating Rate Income Trust is a closed-end fund that focuses on leveraged loans with the primary goal of generating current income for i more_horizontal
By Seeking Alpha
August 17, 2023
BGT: A Year Later, The Buy Case For Floaters Persists
BlackRock Floating Rate Income Trust has been a strong performer, outpacing the S&P 500. The fund is currently trading at a discount to its net asset more_horizontal
By Seeking Alpha
July 15, 2023
CEF Weekly Review: Discount Pro-Cyclicality Is Not Fully Rational
We review CEF market valuation and performance through the first week of July and highlight recent market action. CEFs were roughly flat on the week a more_horizontal
By Seeking Alpha
July 10, 2023
BGT: Amortizing 'Return Of Principal' Loan Fund
BGT generates a high distribution yield from a portfolio of junk loans. BlackRock Floating Rate Income Trust pays an attractive 11.8% forward distribu more_horizontal
By Seeking Alpha
March 4, 2023
BGT: Floaters Still Look Attractive
Floating rate debt should remain in demand as the Fed continues to raise its benchmark rate. Further, the market is starting to come to terms with the more_horizontal
By Seeking Alpha
August 8, 2022
BGT: Floating Rate Debt Continues To Serve As A Hedge Against Rising Rates
Floating rate debt should perform well as interest rates keep rising. With higher rates being a primary concern for markets, investors can front-run t more_horizontal
By Seeking Alpha
April 27, 2022
BGT: Value Re-Appears In This Floating Rate CEF
Floating rate loans and bonds are a reasonable option when deciding how to play an inflationary or rising interest rate environment. Despite this trad more_horizontal