BlackRock Floating Rate Income Trust, Inc. (BGT)

BlackRock Floating Rate Income Trust, Inc. is an investment management company that specializes in providing investors with exposure to floating rate income securities

The trust primarily invests in a diversified portfolio of loans and other debt instruments that have interest rates that adjust based on market conditions, aimed at generating income and preserving capital. By focusing on floating rate assets, the trust seeks to mitigate interest rate risk, making it an appealing option for investors looking for stability and income in fluctuating interest rate environments. Additionally, the company is managed by BlackRock, a leading global investment firm known for its expertise in asset management.