Business Context and Reporting Period
This Form 8-K was filed by BlackRock Floating Rate Income Trust on October 28, 2016. The report discloses a corporate governance update regarding the amendment of the Fund's bylaws.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report focused on regulatory disclosure and does not contain financial performance data.
Material Changes
On October 28, 2016, the Board of Trustees amended and restated the Fund's bylaws in their entirety. The specific change relates to Article I, Section 11, which governs the election of Trustees. The Amended and Restated Bylaws were deemed effective immediately on the date of the report.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document serves solely to satisfy Regulation FD disclosure requirements regarding the bylaw amendment.
Key Facts for Investor Verification
- The Fund amended its bylaws to modify the procedures for the election of Trustees.
- The amendment became effective on October 28, 2016.
- The full text of the Amended and Restated Bylaws is available as Exhibit 3.1 to this filing.
- No financial results or operational metrics are reported in this document.