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Posted by
Two Blokes Jul 14 -
Filed in
Stock
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BGT offers high monthly income (11.5% yield) from floating rate loans, benefiting from the current high interest rate environment. The fund's heavy exposure to below-investment-grade borrowers increases risk, especially if defaults rise amid economic slowdown or trade disruptions. BGT trades at a slight premium to NAV, but historically has traded at a discount; future rate cuts could pressure both NAV and distributions.
