BGT: Floating Rate Loans CEF Under Pressure
Source: SeekingAlpha
2025-10-16 18:20:41 ET
Thesis
We last covered the BlackRock Floating Rate Income Trust (NYSE: BGT ) a year ago right before the first Fed rate cut in 2024. In that article we downgraded the CEF to 'Hold', articulating that we were witnessing the start of an easing cycle where floating rate assets will start being pressured. The fund has had a pedestrian performance since....
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BGT: Floating Rate Loans CEF Under Pressure
BlackRock Floating Rate Income Trust
NASDAQ: BGT
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