Trust Asset Management Exits Position in BlackRock Floating Rate Income Trust (BGT)

BlackRock Floating Rate Income Trust (BGT) : Trust Asset Management has sold out all of its stake in BlackRock Floating Rate Income Trust during the most recent quarter, according to the disclosure filed by the company on Jul 19, 2016 with the SEC. The investment management company has sold out 63,933 shares of BlackRock Floating Rate Income Trust which is valued at $840,719.

Other Hedge Funds, Including , Creative Planning reduced its stake in BGT by selling 1 shares or 0.03% in the most recent quarter. The Hedge Fund company now holds 3,227 shares of BGT which is valued at $42,112.

BlackRock Floating Rate Income Trust is a non-diversified closed-ended management investment companies. The Trust’s primary investment objective is to provide a high level of current income. The Trust’s secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing at least 80% of its assets in floating and variable rate instruments of United States and non- United States 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. BlackRock Advisors LLC is the investment advisor of BlackRock Floating Rate Income Trust.

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