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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
05/22/2023 |
$11.07 |
$11.10 |
$11.04 |
$11.05 |
40.40K | 05/23/2023 |
$11.08 |
$11.09 |
$11.05 |
$11.06 |
79.50K | 05/24/2023 |
$11.06 |
$11.06 |
$10.97 |
$11.00 |
53.20K | 05/25/2023 |
$11.00 |
$11.00 |
$10.95 |
$10.98 |
57.10K | 05/26/2023 |
$10.96 |
$11.05 |
$10.95 |
$11.03 |
58.60K |
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BlackRock Floating Rate Income Trust is registered as a diversified, closed-end management investment company. 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. | |
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BlackRock Floating Rate Income Trust (BGT) has the following price history information. Looking back at BGT historical stock prices for the last five trading days, on May 22, 2023, BGT opened at $11.07, traded as high as $11.10 and as low as $11.04, and closed at $11.05. Trading volume was a total of 40.40K shares. On May 23, 2023, BGT opened at $11.08, traded as high as $11.09 and as low as $11.05, and closed at $11.06. Trading volume was a total of 79.50K shares. On May 24, 2023, BGT opened at $11.06, traded as high as $11.06 and as low as $10.97, and closed at $11.00. Trading volume was a total of 53.20K shares. On May 25, 2023, BGT opened at $11.00, traded as high as $11.00 and as low as $10.95, and closed at $10.98. Trading volume was a total of 57.10K shares. On May 26, 2023, BGT opened at $10.96, traded as high as $11.05 and as low as $10.95, and closed at $11.03. Trading volume was a total of 58.60K shares.
BGT Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into BlackRock Floating Rate Income Trust shares, starting with a $10,000 purchase of BGT, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
05/29/2013 |
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End date: |
05/26/2023 |
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Start price/share: |
$15.51 |
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End price/share: |
$11.03 |
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Starting shares: |
644.75 |
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Ending shares: |
1,221.56 |
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Dividends reinvested/share: |
$8.14 |
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Total return: |
34.74% |
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Average Annual Total Return: |
3.03% |
|
Starting investment: |
$10,000.00 |
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Ending investment: |
$13,477.26 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
05/29/2013 |
|
End date: |
05/26/2023 |
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Start price/share: |
$15.51 |
|
End price/share: |
$11.03 |
|
Dividends collected/share: |
$8.14 |
|
Total return: |
23.58% |
|
Average Annual Total Return: |
2.14% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$12,357.58 |
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Years: |
10.00 |
|
|
 |
Date |
Close |
05/22/2023 | $11.05 | 05/23/2023 | $11.06 | 05/24/2023 | $11.00 | 05/25/2023 | $10.98 | 05/26/2023 | $11.03 |
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