Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Blackrock Floating Rateome Trust's Beta is -0.0281.
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
Blackrock Floating Rateome Trust Beta Related Terms
Blackrock Floating Rateome Trust Beta Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Blackrock Floating Rateome Trust's Beta, along with its competitors' market caps and Beta data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Blackrock Floating Rateome Trust Beta vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Floating Rateome Trust's Beta distribution charts can be found below:
* The bar in red indicates where Blackrock Floating Rateome Trust's Beta falls into.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.
Blackrock Floating Rateome Trust (BGT) has a Beta of -0.0281 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Blackrock Floating Rateome Trust and its competitors.
Is Blackrock Floating Rateome Trust's Beta too high?
Blackrock Floating Rateome Trust's current Beta is -0.0281. Overall, Blackrock Floating Rateome Trust has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackrock Floating Rateome Trust's Beta compare to TCPC and RIV?
Blackrock Floating Rateome Trust's Beta of -0.0281 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Asset Management company?
A good Beta depends on the Asset Management industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Blackrock Floating Rateome Trust and its competitors. Blackrock Floating Rateome Trust's current Beta is -0.0281. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Floating Rateome Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackrock Floating Rateome Trust (BGT) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.59, compared to a current price of $10.60 — trading 60.8% above its estimated fair value. The current Beta is -0.0281. Blackrock Floating Rateome Trust's overall GF Score™ is 45/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Blackrock Floating Rateome Trust (BGT), the current Beta is -0.0281 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Blackrock Floating Rateome Trust (BGT) Overvalued in 2026?
Based on GuruFocus' analysis, Blackrock Floating Rateome Trust stock appears to be overvalued.
The current stock price of $10.60 is trading 60.8% above its estimated GF Value™ of $6.59.
GuruFocus considers Blackrock Floating Rateome Trust to be Significantly Overvalued.
Key valuation signals for BGT:
Beta: -0.0281
GF Value™: $6.59 vs. price of $10.60 (60.8% above fair value)
No single metric tells the full story. See the BGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackrock Floating Rateome Trust Business Description
Blackrock Floating Rate Income Trust is a diversified closed-end management investment company. Its investment objective is to provide a high level of current income. The company, as a secondary objective, also focuses on preservation of capital to the extent consistent with its primary objective of high current income. The Trust seeks to achieve its investment objectives by investing in worl-wide portfolio of floating rate securities, including investing a substantial amount in U.S. and non-U.S. senior secured floating rate loans (Senior Loans), made to corporate and other business entities.
45GF Score
Get the complete analysis for BGT
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BGT has been successfully added to your 
