BGT (Blackrock Floating Rateome Trust) 3-Year Book Growth Rate : -1.30% (As of Jun. 2024)

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What is Blackrock Floating Rateome Trust 3-Year Book Growth Rate?

Blackrock Floating Rateome Trust's Book Value per Share for the quarter that ended in Jun. 2024 was $12.74.

During the past 12 months, Blackrock Floating Rateome Trust's average Book Value per Share Growth Rate was -0.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was -2.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 7 years, the highest 3-Year average Book Value per Share Growth Rate of Blackrock Floating Rateome Trust was -1.30% per year. The lowest was -3.80% per year. And the median was -2.35% per year.

Competitive Comparison of Blackrock Floating Rateome Trust's 3-Year Book Growth Rate

For the Asset Management subindustry, Blackrock Floating Rateome Trust's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Floating Rateome Trust's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rateome Trust's 3-Year Book Growth Rate falls into.

Blackrock Floating Rateome Trust 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Blackrock Floating Rateome Trust (NYSE:BGT) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Blackrock Floating Rateome Trust 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Blackrock Floating Rateome Trust's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Floating Rateome Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Floating Rate Income Trust (NYSE:BGT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.

Executives

Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd.	other: Investment Adviser	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
James Keenan	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abigail Apistolas	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay	officer: Treasurer	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Carly Wilson	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Floating Rateome Trust Headlines

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