---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-009184"
form_type: "8-K"
ticker: "BGT"
cik: "0001287480"
company_name: "BLACKROCK FLOATING RATE INCOME TRUST"
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T21:57:12.026004+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BlackRock Floating Rate Income Trust enters standstill with Saba Capital through 2027

## Summary
- Saba Capital agrees to vote its Common Shares in line with Board recommendations until August 31, 2027 or the day after the 2027 annual meeting.
- Standstill prohibits Saba from proxy contests, shareholder proposals, seeking board representation, or engaging in short sales.
- Fund and advisor agree to refrain from disparaging Saba; exceptions for ECAT and ECAT/MUI litigation.
- Agreement terminates earlier upon material uncured breach or mutual written consent.
- Saba represents it beneficially owns Common Shares as of the date and holds no derivative positions.

## SEC filing metadata
- accession: 0001193125-25-009184
- form_type: 8-K
- ticker: BGT
- cik: 0001287480
- company_name: BLACKROCK FLOATING RATE INCOME TRUST
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287480/000119312525009184/0001193125-25-009184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287480/000119312525009184/d926799d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-009184
- JSON: https://secwatch.observer/filing/0001193125-25-009184.json
- Plain text: https://secwatch.observer/filing/0001193125-25-009184.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.