BLACKROCK FLOATING RATE INCOME TRUST

(BGT)
  Report
Delayed Nyse  -  05/19 04:00:01 pm EDT
11.26 USD   +0.72%
03/04BlackRock Floating Rate Income Trust Reports Earnings Results for the Full Year Ended December 31, 2021
CI
2021BlackRock Floating Rate Income Trust Announces Monthly Distribution, Payable on December 22, 2021
CI
2021Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
BU
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BlackRock Floating Rate Income Trust announces an Equity Buyback for 5% of its issued share capital.

09/27/2021 | 12:00am EDT

BlackRock Floating Rate Income Trust (NYSE:BGT) announces a share repurchase program. Under the program, the company will repurchase up to 5% of its outstanding common shares (based on common shares outstanding on November 30, 2020. The purpose of the program is to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (“NAV”) per share, which could result in incremental accretion to a Fund’s NAV. The repurchases will commence from December 1, 2021, and be valid till November 30, 2022.


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Stocks mentioned in the article
ChangeLast1st jan.
BLACKROCK FLOATING RATE INCOME TRUST 0.72% 11.26 Delayed Quote.-19.51%
BLACKROCK, INC. 0.21% 593.08 Delayed Quote.-35.22%
All news about BLACKROCK FLOATING RATE INCOME TRUST
03/04BlackRock Floating Rate Income Trust Reports Earnings Results for the Full Year Ended D..
CI
2021BlackRock Floating Rate Income Trust Announces Monthly Distribution, Payable on Decembe..
CI
2021Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
BU
2021Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
BU
2021BLACKROCK FLOATING RATE INCOME TRUST : Certain BlackRock Closed-End Funds Announce Estimat..
BU
2021BlackRock Floating Rate Income Trust announces an Equity Buyback for 5% of its issued s..
CI
2021BlackRock Floating Rate Income Trust authorizes a Buyback Plan.
CI
2021Blackrock Floating Rate Income Trust Reports Earnings Results for the Half Year Ended J..
CI
2021BLACKROCK FLOATING RATE INCOME TRUST : Certain BlackRock Closed-End Funds Announce Estimat..
BU
2021BLACKROCK FLOATING RATE INCOME TRUST : Certain BlackRock Closed-End Funds Announce Estimat..
BU
More news
Financials (USD)
Sales 2021 19,5 M - -
Net income 2021 18,3 M - -
Net Debt 2021 142 M - -
P/E ratio 2021 17,1x
Yield 2021 5,55%
Capitalization 250 M 250 M -
EV / Sales 2020 19,6x
EV / Sales 2021 23,3x
Nbr of Employees -
Free-Float 100,0%
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Managers and Directors
John M. Perlowski President, Chief Executive Officer & Trustee
Trent W. Walker Chief Financial Officer
Karen P. Robards Co-Chairman
Charles C. S. Park Chief Compliance Officer
Frank J. Fabozzi Independent Trustee