BlackRock Floating Rate Income Trust (BGT)
BGT Price and Sentiment
BGT Latest news
BGT is a closed-end fund focused on floating rate loans. This is an area I view positively heading forward. While I do like floating-rate loans, readers should note BGT is filled with mostly below-investment grade debt, so there are risks to this particular fund.
FRA: Floating Rate Fund Worth Taking A Look At
Floating rate loans are back in focus, with inflation expectations starting to rise. As yields and rates tick higher, fixed-income products suffer. Floating rate loans, by contrast, act as a hedge against this development.
Closed-End Funds: Senior Loan Funds Revisited
JQC: Final Year Of The Capital Return Program
Floating rate ("loan") securities have been out of favor for more than a year as investors saw interest rates plummet. The loan market looks very compelling relative to high-yield fixed coupon bonds. The avg. price is below par vs. a premium to par for bonds.
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), and BlackRock Multi-Sector Income Trust (NY
Senior loan funds are showing some opportunities at some deep discounts. These funds should benefit from increasing interest rates, but that could be years before playing out.
Like most areas of the market, the time when people dislike the sector the most is typically the best time to get in.
For income investors, closed-end funds are an attractive investment class that covers a variety of asset classes and promises high distributions and a reasonable total return.