EX-99.SECTION19 8 d161472dex99section19.htm SECTION 19 NOTICES Section 19 Notices

BlackRock Floating Rate Income Trust

Cusip: 091941104

Ticker: BGT

 

Record Date 

     December 15, 2023  

Pay Date

     December 20, 2023  

Distribution Amount per share

   $     0.120280  

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net income, net realized capital gains and return of capital. All amounts are expressed per common share.

 

    Current Distribution   

% Breakdown

of the Current

Distribution

     

Total Cumulative

Distributions for the Fiscal

Year to Date

   

% Breakdown of the Total

Cumulative Distributions for

the Fiscal Year to Date

  

Net Income

    $ 0.106170        88%       $ 1.236255        96%  

Net Realized Short-Term Capital Gains

    $ -         0%       $ -         0%  

Net Realized Long-Term Capital Gains

    $ -         0%       $ -         0%  

Return of Capital

    $ 0.014110        12%       $ 0.046605        4%  
 

 

 

 

   

 

 

     

 

 

 

   

 

 

  

Total (per common share)

    $      0.120280             100%       $      1.282860             100%  
 

 

 

 

   

 

 

     

 

 

 

   

 

 

  

Average annual total return (in relation to NAV) for the 5-year period ending on November 30, 2023

 

      5.82%  
          

 

 

  

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2023

 

         11.31%  
          

 

 

  

Cumulative total return (in relation to NAV) for the fiscal year through November 30, 2023

 

         13.39%  
          

 

 

  

Cumulative fiscal year distributions as a percentage of NAV as of November 30, 2023

 

         9.11%  
          

 

 

  

You should not draw any conclusions about the Trust’s investment performance from the amount of this distribution or from the terms of the Trusts Managed Distribution Plan.

The Fund estimates that it has distributed more than its net income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Contact Number: 800-882-0052

NM1223U-3293336-1/1

BlackRock Floating Rate Income Trust

Cusip: 091941104

Ticker: BGT

 

Record Date 

     January 12, 2024  

Pay Date

     January 31, 2024  

Distribution Amount per share

   $     0.120280  

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net income, net realized capital gains and return of capital. All amounts are expressed per common share.

 

    Current Distribution   

% Breakdown

of the Current

Distribution

     

Total Cumulative

Distributions for the

Fiscal Year to Date

   

% Breakdown of the

Total Cumulative

Distributions for the

Fiscal Year to Date

  

Net Income

    $ 0.100398        83%       $ 0.100398        83%  

Net Realized Short-Term Capital Gains

    $ -         0%       $ -         0%  

Net Realized Long-Term Capital Gains

    $ -         0%       $ -         0%  

Return of Capital

    $ 0.019882        17%       $ 0.019882        17%  
 

 

 

 

   

 

 

     

 

 

 

   

 

 

  

Total (per common share)

    $      0.120280             100%       $      0.120280             100%  
 

 

 

 

   

 

 

     

 

 

 

   

 

 

  

Average annual total return (in relation to NAV) for the 5-year period ending on December 31, 2023

 

      7.08%  
          

 

 

  

Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2023

 

         11.19%  
          

 

 

  

Cumulative total return (in relation to NAV) for the fiscal year through December 31, 2023

 

         15.78%  
          

 

 

  

Cumulative fiscal year distributions as a percentage of NAV as of December 31, 2023

 

         0.93%  
          

 

 

  

You should not draw any conclusions about the Trust’s investment performance from the amount of this distribution or from the terms of the Trusts Managed Distribution Plan.

The Fund estimates that it has distributed more than its net income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Contact Number:  800-882-0052