Shaker Financial Services adds BlackRock Floating Rate Income Trust (BGT) to its portfolio

BlackRock Floating Rate Income Trust (BGT) : Shaker Financial Services added new position in BlackRock Floating Rate Income Trust during the most recent quarter end. The investment management firm now holds 71,602 shares of BlackRock Floating Rate Income Trust which is valued at $942,998 , the company said in a statement filed on Aug 1, 2016 with the SEC.BlackRock Floating Rate Income Trust makes up approximately 0.64% of Shaker Financial Services’s portfolio.

Other Hedge Funds, Including , Conning boosted its stake in BGT in the latest quarter, The investment management firm added 1,020 additional shares and now holds a total of 92,504 shares of BlackRock Floating Rate Income Trust which is valued at $1,211,802. BlackRock Floating Rate Income Trust makes up approx 0.05% of Conning’s portfolio.Msi Financial Services Inc reduced its stake in BGT by selling 6,697 shares or 9.22% in the most recent quarter. The Hedge Fund company now holds 65,976 shares of BGT which is valued at $864,286. BlackRock Floating Rate Income Trust makes up approx 0.03% of Msi Financial Services Inc’s portfolio.Capital Investment Advisors boosted its stake in BGT in the latest quarter, The investment management firm added 5 additional shares and now holds a total of 37,593 shares of BlackRock Floating Rate Income Trust which is valued at $493,972. BlackRock Floating Rate Income Trust makes up approx 0.05% of Capital Investment Advisors’s portfolio. Trust Asset Management sold out all of its stake in BGT during the most recent quarter. The investment firm sold 63,933 shares of BGT which is valued $840,719.

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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