BLACKROCK FLOATING RATE INCOME TRUST
About BLACKROCK FLOATING RATE INCOME TRUST
Blackrock Floating Rate Income Trust is a diversified closed-end management investment company. Its investment objective is to provide a high level of current income. The company, as a secondary objective, also focuses on preservation of capital to the extent consistent with its primary objective of high current income. The Trust seeks to achieve its investment objectives by investing in worl-wide portfolio of floating rate securities, including investing a substantial amount in U.S. and non-U.S. senior secured floating rate loans (Senior Loans), made to corporate and other business entities.
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Financial summary
- Market cap
- $318.1M
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $318.1M
- Dividend yield
- 13.55%
- Shares outstanding
- 29.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Aug 26, 2004
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Trading 16% below its 52-week high.
- Pays a dividend yielding about 13.55% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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