BGT News and Press, BlackRock Floating Rate Income Trust From 02/03/21

The parallels to 2017 and early 2018 and now are very clear. We have a new administration with single party control of Congress. We are likely to see significant fiscal stimulus driving GDP growth. The results are that a steepening yield curve and a rotation in the markets could b...

2021 will be a challenging year for bond investors, as we are starting off with low interest rates and rising inflation, explains Marvin Appel of Signalert Asset Management. As a result, I believe the most productive strategy for 2021 will be to search for higher yields in the form of...

We recently included PPR in our Tactical Income- 100 portfolio from PHD to take advantage of a tender offer. PHD is also set for a tender offer, but the price has appreciated considerably since announcement. PPR invests mostly in senior loans, and they recently increased their dis...

BlackRock Floating Rate Income Trust (BGT) declares $0.0647/share monthly dividend, -15.3% decrease from prior dividend of $0.0764.Forward yield 6.47%Payable Dec. 21; for shareholders of record Dec. 15; ex-div Dec. 14.See BGT Dividend Scorecard, Yield Chart, & Dividend Growth. For furth...

CEFs may be more susceptible to tax loss selling given they trade on a stock exchange and market prices can deviate from underlying net asset values. Tax loss selling into year-end may continue to pressure CEF discounts in the short term. These wide discounts may offer long-term i...

The broader market took a dip later in the month, dragging most sectors but utilities down for the month. Opportunity may soon present itself over the coming months so I raised some cash to hopefully take advantage. This is the first month, in a long time, where I have raised a ne...

Markets returned to volatility as the tech boom became a tech wreck. The Nasdaq entered a full bear market falling over 20% from the peak. Our Core Income Portfolio is now over four years old and did well in September bucking the downward trend in the markets. Income (after tax) c...

Like most areas of the market, the time when people dislike the sector the most is typically the best time to get in. Forward returns in the traditional bond space will be far lower so looking at historical three- and five-year total returns is meaningless. Some funds to consider ...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of sixty two BlackRock municipal, taxable fixed-income, and equity closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Prog...

(This report was issued to members of Yield Hunting on Aug. 26. All data herein is from then or prior. Please due additional due diligence on current prices and discounts.) This is part II of our new recurring ideas format that will help some of the non-model followers find new ideas for...