BlackRock Floating Rate Income Trust (BGT) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry. The company is headquartered in New York City, NY, United States. The current CEO is Charles Choon Sik Park.
BGT has IPO date of 2004-08-30, listed on the NYSE, a market capitalization of $298.87M.
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.
