Shares of BlackRock Floating Rate Income Trust (NYSE:BGT – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.13 and traded as low as $11.20. BlackRock Floating Rate Income Trust shares last traded at $11.24, with a volume of 146,569 shares traded.
BlackRock Floating Rate Income Trust Stock Performance
The firm has a 50-day moving average price of $11.59 and a two-hundred day moving average price of $12.13.
BlackRock Floating Rate Income Trust Announces Dividend
The business also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were given a dividend of $0.1203 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%.
Institutional Inflows and Outflows
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.
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