Key information

🔎 Fund Overview

BlackRock Floating Rate Income Trust (the Trust) is a diversified, closed-end management investment Company. The Trust's investment objective to provide a high level of current income. The Trust’s secondary investment objective is to seek the 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 primarily at least 80% of its assets in floating and variable rate instruments of United States and other non- United States issuers, including a substantial portion of its assets in global floating and variable rate securities. The Trust also invest up to 20% of its managed assets in fixed-rate instruments of United States and other non- United States issuers, including developed and emerging markets debt, investment grade and high yield corporate debt, sovereign debt, and mortgage-related and asset-backed securities. Its investment manager is BlackRock Advisors, LLC.