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Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) 5-Year Yield-on-Cost %

: 16.93 (As of Today)
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Blackrock Floating Rateome Trust's yield on cost for the quarter that ended in Dec. 2023 was 16.93.


The historical rank and industry rank for Blackrock Floating Rateome Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

BGT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.7   Med: 10.48   Max: 17.08
Current: 16.93


During the past 7 years, Blackrock Floating Rateome Trust's highest Yield on Cost was 17.08. The lowest was 7.70. And the median was 10.48.


BGT's 5-Year Yield-on-Cost % is ranked better than
93.5% of 1216 companies
in the Asset Management industry
Industry Median: 6.08 vs BGT: 16.93

Competitive Comparison

For the Asset Management subindustry, Blackrock Floating Rateome Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Blackrock Floating Rateome Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rateome Trust's 5-Year Yield-on-Cost % falls into.



Blackrock Floating Rateome Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Blackrock Floating Rateome Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Blackrock Floating Rateome Trust  (NYSE:BGT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Blackrock Floating Rateome Trust 5-Year Yield-on-Cost % Related Terms

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Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
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 global floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.
Executives
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
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
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 (Blackrock Floating Rateome Trust) Headlines

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