Core Insights - The article discusses the BlackRock Floating Rate Income Trust (NYSE: BGT) and its performance in relation to the Federal Reserve's interest rate cuts in 2024, indicating a downgrade to 'Hold' status a year ago [1] Group 1: Company Overview - BlackRock Floating Rate Income Trust is a closed-end fund (CEF) that focuses on providing income through floating rate investments [1] - The fund's performance is closely tied to changes in interest rates, particularly the actions of the Federal Reserve [1] Group 2: Investment Strategy - The article highlights the investment philosophy of Binary Tree Analytics (BTA), which aims to deliver high annualized returns with low volatility by focusing on CEFs, ETFs, and special situations [1] - BTA has over 20 years of investment experience and emphasizes transparency and analytics in capital markets [1]
BGT: Floating Rate Loans CEF Under Pressure
Seeking Alpha·2025-10-16 22:20