US · BGT
BlackRock Floating Rate Income Trust
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- New York City, NY 10055
- Website
- blackrock.com
Price · as of 2024-12-31
$11.07
Market cap 297.79M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $31.36 | +183.29% |
| Intrinsic Value(DCF) | $5.57 | -49.68% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | |||||
| 2011 | |||||
| 2012 | $5.75 | ||||
| 2013 | $5.77 | $58.45 | $6.64 | $5.93 | $7.89 |
| 2014 | $5.49 | $18.64 | $7.23 | $5.03 | $0.00 |
| 2015 | $5.54 | $21.65 | $5.01 | $4.12 | $0.84 |
| 2016 | $6.79 | $37.37 | $10.29 | $8.57 | $0.00 |
| 2017 | $7.05 | $21.58 | $6.44 | $7.29 | $23.01 |
| 2018 | $6.39 | $18.10 | $9.65 | $6.39 | $0.00 |
| 2019 | $7.40 | $19.26 | $9.66 | $3.53 | $0.00 |
| 2020 | $7.70 | $30.64 | $9.85 | $0.26 | $0.00 |
| 2021 | $8.00 | $74.51 | $3.05 | $5.95 | $413.63 |
| 2022 | $8.03 | $63.25 | $0.00 | $0.00 | $30.99 |
| 2023 | $10.40 | $212.11 | $0.32 | $2.41 | |
| 2024 | $11.18 | $31.36 | $7.34 | $0.00 | $0.00 |
AI valuation
Our deep-learning model estimates BlackRock Floating Rate Income Trust's (BGT) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $31.36
- Current price
- $11.07
- AI upside
- +183.29%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$5.57
-49.68% upside
Graham-Dodd
—
— upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| BGT | BlackRock Floating Rate I… | $11.07 | 297.79M | +183% | -50% | — | — | 11.40 | 0.89 | 9.32 | 13.85 | — | 0.89 | 83.00% | 81.75% | 81.75% | 8.23% | 6.52% | 6.33% | 0.19 | 4.81 | 0.55 | 0.55 | 2.45 | -3657.00% | -2222.00% | 4275.00% | 10.31% | 2.11 | 7.67% | 11.39% | 129.80% | 24.13% | 13.85 | 11.78 | 11.32 | 2.36 |
| BFZ | BlackRock California Muni… | $11.11 | 334.01M | +2,154% | +272% | -37% | +7,112% | 27.68 | 0.86 | 13.34 | — | 1.17 | 0.86 | 87.17% | 83.57% | 48.21% | 3.08% | 4.23% | 2.00% | 0.00 | 2.35 | 1.37 | 1.37 | — | 236914.00% | 208822.00% | -8004.00% | 5.29% | 3.07 | 3.58% | 4.74% | 131.10% | 68.43% | 15.96 | 18.89 | 13.34 | 1.03 |
| BKT | BlackRock Income Trust, I… | $11.16 | 271.01M | +335% | -20% | — | +223% | 80.24 | 0.91 | 63.76 | 39.22 | — | 0.91 | 100.00% | 79.67% | 79.46% | 1.09% | 0.82% | 0.71% | 0.31 | 0.60 | 0.19 | 0.24 | 10.22 | -8116.00% | 27280.00% | 11738.00% | 25.40% | 1.27 | 16.73% | 9.85% | 790.50% | 24.80% | 104.04 | 5.12 | 82.88 | 0.42 |
| BYM | BlackRock Municipal Incom… | $11.05 | 286.23M | +239% | -26% | -33% | +86% | 21.88 | 0.87 | 21.64 | — | — | 0.87 | 100.00% | 98.91% | 98.91% | 3.93% | 2.63% | 2.58% | 0.49 | 1.70 | 0.10 | 0.13 | — | -25152.00% | 3422.00% | 19423.00% | 12.25% | 0.54 | 7.05% | 4.76% | 104.00% | 28.84% | 33.93 | 12.66 | 33.56 | 0.95 |
| EFR | Eaton Vance Senior Floati… | $10.66 | 314.72M | +85% | -29% | — | — | 14.39 | 0.74 | 10.69 | 18.89 | — | 0.74 | 76.81% | 74.29% | 74.29% | 5.04% | 4.03% | 3.80% | 0.25 | 3.20 | 1.11 | 1.11 | 4.50 | -10000.00% | -4655.00% | 10302.00% | 17.41% | 2.93 | 10.09% | 11.55% | 166.20% | 18.15% | 18.89 | 7.54 | 14.03 | 1.68 |
| EFT | Eaton Vance Floating-Rate… | $10.91 | 289.97M | +271% | +346% | — | — | 15.51 | 0.89 | 9.18 | 21.41 | — | 0.89 | 61.35% | 59.16% | 59.16% | 5.70% | 4.33% | 3.51% | 0.35 | 1.53 | 0.84 | 0.83 | 5.90 | -6493.00% | -4201.00% | -8238.00% | 4.80% | 0.90 | 3.23% | 10.63% | 164.90% | 10.63% | 21.41 | 28.74 | 12.67 | 0.78 |
| FINS | Angel Oak Financial Strat… | $13.17 | 330M | +208% | +514% | -82% | +4,221% | 7.62 | 0.85 | 7.43 | 10.96 | 1.81 | 0.85 | 100.00% | 97.51% | 97.51% | 11.24% | 8.11% | 8.09% | 0.37 | 6.25 | 1772.98 | 1768.09 | 3.34 | 42000.00% | 37329.00% | -871.00% | 13.47% | 7512.75 | 8.32% | 10.92% | 83.20% | 13.47% | 10.96 | 10.68 | 10.69 | 1.60 |
| HIO | Western Asset High Income… | $3.75 | 356.62M | +627% | -63% | +80% | -32% | 6.87 | 0.82 | 9.14 | — | 9.81 | 0.82 | 100.00% | 89.76% | 132.98% | 12.05% | 8.14% | 11.89% | 0.00 | 579141.30 | 31.46 | 31.42 | — | 7000.00% | -317.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.01% | 10.17 | — | 9.13 | 47.55 |
| HPF | John Hancock Preferred In… | $16.15 | 349.17M | +90% | +41% | -93% | -46% | 11.84 | 1.01 | 9.11 | — | — | 1.01 | 100.00% | 88.23% | 76.90% | 8.55% | 6.13% | 5.32% | 0.60 | — | 5.31 | 4.43 | — | -4087.00% | -187.00% | -929.00% | 8.78% | 25.22 | 5.55% | 8.91% | 105.60% | 8.91% | 16.45 | 18.14 | 14.51 | 1.08 |
| MIN | MFS Intermediate Income T… | $2.60 | 295.88M | +2,407% | -63% | +54% | +4,159% | 10.00 | 0.85 | 9.80 | 10.00 | 5.45 | 0.85 | 100.00% | 97.98% | 97.98% | 8.53% | 8.53% | 8.45% | 0.00 | — | 2.16 | 2.16 | 0.00 | 18369.00% | 47383.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 10.00 | — | 9.80 | 136.88 |
| PPT | Putnam Premier Income Tru… | $3.65 | 348.82M | +684% | +6,662% | +40% | — | 13.54 | 0.93 | 13.14 | 13.44 | — | 0.93 | 100.00% | 97.07% | 97.07% | 6.84% | 6.86% | 4.99% | 0.00 | 39346.76 | 0.18 | 0.18 | -0.10 | -2121.00% | -2127.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.72% | 13.44 | — | 13.04 | 1.25 |
About BlackRock Floating Rate Income Trust
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.
- CEO
- Charles Choon Sik Park
- Employees
- 0
- Beta
- 0.48
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($5.57 ÷ $11.07) − 1 = -49.68% (DCF, example).