BGT

BlackRock Floating Rate Income Trust is a closed-end investment trust that primarily invests in floating rate debt securities. The trust aims to provide income and capital appreciation by focusing on loans and bonds that offer interest payments that adjust with market rates. Its investment strategy targets a diverse range of sectors and industries, catering to investors seeking exposure to fixed income with lower interest rate risk. The trust operates within the broader framework of BlackRock's investment management services, serving clients across various geographies.