Floating Rate Income Trust
INVESTMENT APPROACHBlackRock Floating Rate Income Trust’s (BGT) (the 'Trust') primary investment objective is to provide a high level of current income. The Trust’s secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing primarily, under normal conditions, at least 80% of its assets in floating and variable rate instruments of US and non-US issuers, including a substantial portion of its assets in global floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities. Under normal market conditions, the Trust expects that the average effective duration of its portfolio will be no more than 1.5 years. The Trust may invest directly in such securities or synthetically through the use of derivatives.
No assurance can be given that the Trust’s investment objective will be achieved.
|Total Return (%)||6.79||10.32||10.53||5.85||5.81|
|Market Price Total Return (%)||4.88||8.80||11.36||4.90||4.90|
|Total Return (%)||3.59||0.29||6.79||34.25||64.96||76.60||75.95|
|Market Price Total Return (%)||5.08||1.35||4.88||28.79||71.25||61.32||61.32|
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Past distributions are not indicative of future distributions.
as of 29-Aug-2014
|FIRST DATA CORPORATION||2.36|
|SIG EURO HOLDING AG & CO KGAA||1.85|
|LA QUINTA INTERMEDIATE HOLDINGS LLC||1.85|
|DAVITA HEALTHCARE PARTNERS INC||1.68|
|LEVEL 3 FINANCING INC||1.63|
Allocations are subject to change.