BlackRock Floating Rate Income Trust (NYSE:BGT) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Posted by Stanley Muller on Jul 24th, 2026

BlackRock Floating Rate Income Trust (NYSE:BGT – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.96 and traded as low as $10.67. BlackRock Floating Rate Income Trust shares last traded at $10.8650, with a volume of 421,703 shares trading hands.

BlackRock Floating Rate Income Trust Price Performance

The firm has a 50-day moving average price of $10.71 and a 200 day moving average price of $10.96.

BlackRock Floating Rate Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.1203 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 13.4%.

Institutional Trading of BlackRock Floating Rate Income Trust

Institutional investors and hedge funds have recently modified their holdings of the business. CoreCap Advisors LLC boosted its holdings in shares of BlackRock Floating Rate Income Trust by 100.0% in the 2nd quarter. CoreCap Advisors LLC now owns 2,600 shares of the investment management company’s stock valued at $28,000 after buying an additional 1,300 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in BlackRock Floating Rate Income Trust by 77.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,200 shares of the investment management company’s stock worth $36,000 after acquiring an additional 1,400 shares during the last quarter. EFG International AG bought a new position in BlackRock Floating Rate Income Trust in the fourth quarter worth about $52,000. Cassaday & Co Wealth Management LLC acquired a new position in BlackRock Floating Rate Income Trust in the first quarter valued at approximately $60,000. Finally, Kestra Advisory Services LLC acquired a new position in BlackRock Floating Rate Income Trust in the fourth quarter valued at approximately $73,000.

BlackRock Floating Rate Income Trust Company Profile

(Get Free Report)

BlackRock Floating Rate Income Trust (NYSE: BGT) is a diversified, closed-end management investment company that seeks to generate current income by investing in floating rate debt instruments. Established and managed by BlackRock Advisors, the trust provides investors with exposure to senior secured loans, high-yield corporate debt, collateralized loan obligations (CLOs) and other floating rate credit products. By focusing on floating rate securities, the fund aims to offer protection against rising interest rates while pursuing consistent income generation.

The trust’s portfolio is constructed through an active, research-driven process led by a team of credit specialists within BlackRock’s Global Credit platform.