# BlackRock Floating Rate Income Trust (BGT) fundamentals

Data as of 2026-11-10. NYSE, United States. Sector: Financial Services / Capital Markets. Price $10.05, market value $300 million.

## Valuation
- **P/E (trailing): 23.9×** (5-yr avg 7.4×, 3-yr avg 7.4×). BlackRock Floating Rate Income Trust trades at 23.9× trailing earnings, well above its own five-year average of 7.4×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 15.2×**. Each dollar of revenue is priced at 15.2×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: -7.9%** (5-yr avg 21.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Net margin: 98.8%**. 98.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.5%**. 5.5% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 4.4%**. Each dollar of assets produces 4.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -22.7%**. Revenue fell 22.7% over the last year.

## Financial health
- **Cash and short-term investments: $2,653**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 14.29%** ($1.44 per share, trailing). BlackRock Floating Rate Income Trust yields 14.29%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 203%**. The dividend exceeds earnings (203% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 10.1%/yr** (1-yr 0.0%). The dividend has compounded at 10.1% a year over five years, doubling roughly every 7 years at that pace.
- **Shareholder yield: -3.4%**. Dividends plus net buybacks return -3.4% of the market value a year.

## Price and momentum
- **Total return (1 yr): -3.8%** (YTD -3.8%, 3-mo -8.1%). The shares are down 3.8% over twelve months including dividends.
- **From 52-week high: -13.9%** (3.5% above the low). Trading 14% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.33** (volatility 11%). Beta of 0.33 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BGT · Page: https://foliofundamentals.com/stocks/bgt

Not investment advice.