BGT: Earnings Unlikely To Improve As Long As Interest Rates Are High (Rating Downgrade)

BlackRock Floating Rate Income Trust Fund is downgraded to Sell due to persistent earnings weakness & unsupported dividends.
Seeking Alpha

BGT: The Golden Era For Floating Rate Funds Has Passed

BGT offers high monthly income (11.5% yield) from floating rate loans, benefiting from the current high interest rate environment. The fund's heavy exposure to below-investment-grade borrowers ...