BGT
You can trade this ETF now.
BGT
BlackRock Floating Rate Income Trust’s (BGT) (the 'Trust') primary investment objective is to provide a high level of current income. The Trust’s secondary
investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing primarily, under normal conditions,
at least 80% of its assets in floating and variable rate instruments of US and non-US issuers, including a substantial portion of its assets in global
floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities. Under normal market conditions,
the Trust expects that the average effective duration of its portfolio will be no more than 1.5 years. The Trust may invest directly in such securities or
synthetically through the use of derivatives.
No assurance can be given that the Trust’s investment objective will be achieved.
INCOME THAT SEEKS TO KEEP UP WITH INTEREST RATES
Unlike traditional bonds, floating rate loans provide income that adjusts with rates
A POWERFUL DIVERSIFIER
May serve as a hedge against rates and inflation with a low correlation to core bonds
THE FUND SEEKS ATTRACTIVE INCOME & RETURNS
The fund seeks to offer attractive income and total return in diverse markets