BGT (Blackrock Floating Rateome Trust) Moat Score: 2/10 (As of Jul. 01, 2026)


BGT Blackrock Floating Rate Income Trust BGT
45 GF Score
Price $10.66
GF Value $6.59
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Blackrock Floating Rateome Trust Moat Score?

Blackrock Floating Rateome Trust BGT +1.04% 45 Moat Score is 2 as of Jul. 01, 2026. GuruFocus rates BGT with a GF Score™ of 45/100 and a GF Value™ of $6.59 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,694 Asset Management companies, Blackrock Floating Rateome Trust ranks better than 80.05% on this metric.

Blackrock Floating Rateome Trust has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

Blackrock Floating Rateome Trust has No Moat: As a financial trust, BGT lacks proprietary technology, brand strength, or significant regulatory barriers. The competitive landscape in financial services is intense, with limited differentiation or customer loyalty.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Blackrock Floating Rateome Trust might have No Moat - Very weak/transient advantages.

Blackrock Floating Rateome Trust  (NYSE:BGT) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Blackrock Floating Rateome Trust Moat Score Related Terms

BGT vs AGD, NBH, RIV: Moat Score Comparison

For the Asset Management subindustry, Blackrock Floating Rateome Trust's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Floating Rateome Trust's Moat Score distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rateome Trust's Moat Score falls into.


BGT
45GF Score
Blackrock Floating Rate Income Trust BGT
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
Blackrock Floating Rateome Trust (BGT) has a Moat Score of 2 as of Jul. 01, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Blackrock Floating Rateome Trust ranks #338 out of 1694 companies in the Asset Management industry, placing it in the top 20%.
Is Blackrock Floating Rateome Trust's Moat Score too high?
Blackrock Floating Rateome Trust's current Moat Score is 2. Based on the distribution chart, Blackrock Floating Rateome Trust ranks #338 out of 1694 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. 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 Moat Score compare to AGD and NBH?
According to the Asset Management industry distribution chart, Blackrock Floating Rateome Trust ranks #338 out of 1694 companies for Moat Score. This places Blackrock Floating Rateome Trust in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Blackrock Floating Rateome Trust's current Moat Score is 2. 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 $10.66 — trading 61.8% above its estimated fair value. The current Moat Score is 2. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Blackrock Floating Rateome Trust (BGT), the current Moat Score is 2 as of Jul. 01, 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 $10.66 is trading 61.8% above its estimated GF Value™ of $6.59. GuruFocus considers Blackrock Floating Rateome Trust to be Significantly Overvalued.

Key valuation signals for BGT:

  • Moat Score: 2
  • GF Value™: $6.59 vs. price of $10.66 (61.8% above fair value)
  • GF Score™: 45/100 with 6 warning signs

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

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
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

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.66
Price
$6.59
GF Value