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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000930413-06-008250.txt : 20061129
<SEC-HEADER>0000930413-06-008250.hdr.sgml : 20061129
<ACCEPTANCE-DATETIME>20061129101836
ACCESSION NUMBER:		0000930413-06-008250
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060930
FILED AS OF DATE:		20061129
DATE AS OF CHANGE:		20061129
EFFECTIVENESS DATE:		20061129

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK GLOBAL FLOATING RATE INCOME TRUST
		CENTRAL INDEX KEY:			0001287480
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21566
		FILM NUMBER:		061243877

	BUSINESS ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-754-5336

	MAIL ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK VARIABLE RATE & INFLATION PROTECTED SECURITIES
		DATE OF NAME CHANGE:	20040416
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>c45339_nq.htm
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>

<P align="center">
<FONT face="serif">UNITED STATES <br>
SECURITIES AND EXCHANGE COMMISSION <br>
Washington, D.C. 20549 </FONT></P>
<P align="center">
<B><FONT size=4 face="serif">FORM N-Q </FONT></B></P>
<P align="center">
<B><FONT face="serif">QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED <br>
MANAGEMENT INVESTMENT COMPANY </FONT></B></P>
<P>
<FONT face="serif">Investment Company Act file number:__</FONT><U><FONT face="serif">811-21566</FONT></U><FONT face="serif">______ </FONT></P>
<P align="center">
<FONT face="serif">_______</FONT><U><FONT face="serif">BlackRock Global Floating Rate Income Trust</FONT></U><FONT face="serif">_______<BR> (Exact name of registrant as specified in charter) </FONT></P>

<table width="100%"  border="0">
  <tr>
    <td width="50%"><center>
      <font face="serif">100 Bellevue Parkway, Wilmington, DE</font>
    </center></td>
    <td><center>
      <font face="serif">19809</font>
    </center></td>
  </tr>
  <tr>
    <td width="50%"><center><hr noshade size=2>
    </center></td>
    <td><center>
      <hr noshade size=2>
    </center></td>
  </tr>
  <tr>
    <td width="50%"><center>
      <font face="serif">(Address of principal executive offices)</font>
    </center></td>
    <td><center>
      <font face="serif">(Zip code)</font>
    </center></td>
  </tr>
</table>
<P><FONT face="serif">        </FONT></P>
<P align="center">
<FONT face="serif"> Robert S. Kapito, President</FONT></P>
<P align="center"><FONT face="sans-serif">  <b>BlackRock Global Floating Rate Income Trust</b></FONT><b><FONT face="serif">  </FONT></b></P>
<P align="center">
<FONT face="serif"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 East 52nd Street, New York, NY 10022&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>   <br>
(Name and address of agent for service) </FONT></P>
<P>
<FONT face="serif"><br>
Registrant&#146;s telephone number, including area code:_</FONT><U><FONT face="serif">888-825-2257</FONT></U><FONT face="serif">__________________ </FONT></P>
<P>
<FONT face="serif">Date of fiscal year end:___</FONT><U><FONT face="serif">December 31, 2006</FONT></U><FONT face="serif"> <br>
Date of reporting period:__</FONT><U><FONT face="serif">September 30, 2006</FONT></U></P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>


<P>
<B><FONT face="serif">Item 1. Schedule of Investments.</FONT></B></P>
<P> <FONT face="serif">The Registrant&#146;s unaudited schedule of investments as of the close of the reporting period pursuant to Rule 30b1-5 under the Investment Company Act of 1940 is as follows: </FONT></P>
<br>



<p><font size="3"><b>PORTFOLIO OF INVESTMENTS (Unaudited)<br>SEPTEMBER
30, 2006</b></font>
<p><b><font size="3"> BlackRock Global Floating Rate Income Trust (BGT)</font>
</b>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
        </center></td>
    <td width="10%" align=right><center>
      <b><font size="2">Principal</font>
      </b>
    </center></td>
    <td width="6%"><center>
        </center></td>
    <td width="60%" align=left><center>
        </center></td>
    <td width="2%"><center>
        </center></td>
    <td width="10%" align=right><center>
        </center></td>
    <td width="2%"><center>
    </center></td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        </center></td>
    <td width="10%" align=right><center>
      <b><font size="2">Amount</font>
      </b>
    </center></td>
    <td width="6%"><center>
        </center></td>
    <td width="60%" align=left><center>
        </center></td>
    <td width="2%"><center>
        </center></td>
    <td width="10%" align=right><center>
        </center></td>
    <td width="2%"><center>
    </center></td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
      <b><font size="2">Rating<sup>1</sup></font>
      </b>
    </center></td>
    <td width="10%" align=right><center>
      <b><font size="2">(000)</font>
      </b>
    </center></td>
    <td width="6%"><center>
        </center></td>
    <td width="60%" align=left><center>
      <b><font size="2">Description</font>
      </b>
    </center></td>
    <td width="2%"><center>
        </center></td>
    <td width="10%" align=right><center>
      <b><font size="2">Value</font>
      </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
      <HR noshade size=2>
    </center></td>
    <td width="10%" align=right><center>
      <HR noshade size=2>
    </center></td>
    <td width="6%"><center>
      <HR noshade size=2>
    </center></td>
    <td width="60%" align=left><center>
      <HR noshade size=2>
    </center></td>
    <td width="2%"><center>
      <HR noshade size=2>
    </center></td>
    <td width="10%" align=right><center>
      <HR noshade size=2>
    </center></td>
    <td width="2%"><center>
      <HR noshade size=2>
    </center></td>
  </tr>
  <tr valign=top><td width="10%" align=center></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">LONG-TERM INVESTMENTS&#151;159.6%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Corporate Bonds&#151;21.4%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Aerospace &amp; Defense&#151;0.1%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">B</font></font></td>
<td width="10%" align=right><font size="2">$&nbsp;  671</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">DI Finance/DynCorp Intl., 9.50%,
2/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;   &nbsp;694,485</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2"><b>Automotive&#151;0.3%</b></font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">&nbsp;</font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Autonation, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">60</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 4/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">59,700</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">70</font></td>
<td width="6%"><font size="2"><sup> 2,3</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;7.507%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">71,050</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">150</font></td>
<td width="6%"><font size="2"><sup> 2,3</sup></font></td>
<td width="60%" align=left><font size="2">Avis Budget Car Rental LLC/Avis Budget
Finance, Inc., 7.905%, 5/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">147,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">775</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Delco Remy Intl., Inc., 9.507%, 4/15/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">751,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B</font></td>
<td width="10%" align=right><font size="2">250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Lear Corp., 8.11%, 5/15/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">242,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">CCC+</font></td>
<td width="10%" align=right><font size="2">120</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Metaldyne Corp., 10.00%, 11/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">121,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Automotive</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,393,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2"><b>Basic Materials&#151;2.0%</b></font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2">B+</font></font></td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Abitibi-Consolidated, Inc., 8.89%,
6/15/11 (Canada)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">980,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">970</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">AK Steel Corp., 7.75%, 6/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">943,325</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">260</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Boise Cascade LLC, 8.382%, 10/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">261,300</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">2,040</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Bowater, Inc., 8.39%, 3/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,060,400</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">10</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Chemtura Corp., 6.875%, 6/01/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">9,850</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">90</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">CPG International I, Inc., 10.50%,
7/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">91,350</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B2</font></td>
<td width="10%" align=right><font size="2">20</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Domtar, Inc., 7.125%, 8/15/15 (Canada)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">18,650</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">70</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Donohue Forest Products, 7.625%,
5/15/07 (Canada)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">70,525</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">190</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Georgia Gulf Corp., 9.50%, 10/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">188,678</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">Ba3</font></td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Hercules, Inc., 6.75%, 10/15/29</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">713,437</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Ineos Group Holdings PLC (United
Kingdom)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B2</font></td>
<td width="10%" align=right><font size="2">225</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 2/15/16 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">266,766</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B2</font></td>
<td width="10%" align=right><font size="2">430</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 2/15/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">409,575</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Lyondell Chemical Co.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">100</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;8.00%, 9/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">100,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">170</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;8.25%, 9/15/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">172,763</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">300</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;11.125%, 7/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">328,125</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">565</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nalco Co., 8.875%, 11/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">591,837</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">NewPage Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">55</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;10.00%, 5/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">57,338</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;11.739%, 5/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,620,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">50</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">PQ Corp., 7.50%, 2/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">47,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Basic Materials</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">8,931,919</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Building &amp; Development&#151;0.2%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2">B+</font></font></td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Ainsworth Lumber Co. Ltd., 9.117%,
10/01/10 (Canada)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">810,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">20</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Goodman Global Holding Co., Inc.,
7.875%, 12/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">19,050</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Building &amp; Development</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">829,050</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Consumer Products&#151;1.3%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2">B3</font></font></td>
<td width="10%" align=right><font size="2">45</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">ALH Finance LLC, 8.50%, 1/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">43,988</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">CCC+</font></td>
<td width="10%" align=right><font size="2">700</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Ames True Temper, Inc., 9.507%, 1/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">705,250</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">400</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cenveo Corp., 7.875%, 12/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">380,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">75</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Finlay Fine Jewelry Corp., 8.375%,
6/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">66,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B2</font></td>
<td width="10%" align=right><font size="2">505</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Knowledge Learning Corp., Inc., 7.75%,
2/01/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">472,175</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">400</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Lazydays RV Center, Inc., 11.75%,
5/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">378,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B</font></td>
<td width="10%" align=right><font size="2">180</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Levi Strauss &amp; Co., 10.122%,
4/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">185,400</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">530</font></td>
<td width="6%"><font size="2"><sup> 2,3</sup></font></td>
<td width="60%" align=left><font size="2">Nutro Products, Inc., 9.23%, 10/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">547,225</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">80</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Quebecor World Capital Corp., 8.75%,
3/15/16 (Canada)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">77,200</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right valign="top"><font size="2">2,000</font></td>
<td width="6%" valign="top"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Reynolds American, Inc., 7.625%,
6/01/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,087,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B</font></td>
<td width="10%" align=right><font size="2">825</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">United Rentals NA, Inc., 7.00%, 2/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">781,687</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Consumer Products</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,724,800</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
</table>
<p align='center'><font face="serif">1</font>
<p>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>

<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%" align=center><font size="2"><font size="2"></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Containers &amp; Packaging&#151;0.2%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">&nbsp;</font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Berry Plastics Holding Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B2</font></td>
<td width="10%" align=right><font size="2">$&nbsp;  110</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;8.875%, 9/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;   &nbsp;110,550</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B2</font></td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%"><font size="2"><sup> 2,3</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;9.265%, 9/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">502,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">215</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Smurfit-Stone Container Enterprises,
Inc., 9.75%, 2/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">221,719</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Containers &amp; Packaging</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">834,769</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Ecological Services &amp; Equipment&#151;0.1%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">BB-</font></font></td>
<td width="10%" align=right><font size="2">625</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Allied Waste NA, Inc., 5.75%, 2/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">596,094</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Energy&#151;7.9%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">BB+</font></font></td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">AES Corp., 9.00%, 5/15/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">804,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">Ba1</font></td>
<td width="10%" align=right><font size="2">130</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">ANR Pipeline Co., 9.625%, 11/01/21</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">160,225</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">CCC+</font></td>
<td width="10%" align=right><font size="2">35</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Chaparral Energy, Inc., 8.50%, 12/01/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">34,825</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">70</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Compagnie Generale de Geophysique
SA, 7.50%, 5/15/15 (France)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">69,300</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">375</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">El Paso Production Holding Co., 7.75%,
6/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">384,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">Ba3</font></td>
<td width="10%" align=right><font size="2">505</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Foundation Pennsylvania Coal Co.,
7.25%, 8/01/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">492,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">14,430</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Gazprom OAO, 9.625%, 3/01/13 (Germany)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">17,051,931</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">40</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Grant Prideco, Inc., 6.125%, 8/15/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">38,300</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">730</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">KCS Energy, Inc., 7.125%, 4/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">700,800</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Pemex Project Funding Master Trust,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BBB</font></td>
<td width="10%" align=right><font size="2">800</font></td>
<td width="6%"><font size="2"><sup> 4</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;9.375%, 12/02/08</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">860,400</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">Baa1</font></td>
<td width="10%" align=right><font size="2">12,700</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;Ser. 15, 7.307%, 10/15/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">13,112,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Reliant Energy, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">180</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;6.75%, 12/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">171,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;9.25%, 7/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">776,250</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B1</font></td>
<td width="10%" align=right><font size="2">300</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Whiting Petroleum Corp., 7.25%, 5/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">294,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">490</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Williams Cos., Inc., 8.75%, 3/15/32</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">536,550</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Energy</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">35,487,456</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Entertainment &amp; Leisure&#151;0.1%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2">B3</font></font></td>
<td width="10%" align=right><font size="2">130</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Greektown Holdings LLC, 10.75%, 12/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">136,825</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B</font></td>
<td width="10%" align=right><font size="2">60</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Pokagon Gaming Authority, 10.375%,
6/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">63,975</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">25</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Poster Financial Group, Inc., 8.75%,
12/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">26,094</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Travelport, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">220</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;9.875%, 9/01/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">212,300</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">150</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;11.875%, 9/01/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">144,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">20</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Wynn Las Vegas LLC/Wynn Las Vegas
Capital Corp., 6.625%, 12/01/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">19,425</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Entertainment &amp; Leisure</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">602,619</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Financial Institutions&#151;4.0%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">B+</font></font></td>
<td width="10%" align=right><font size="2">92</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">AES Ironwood LLC, 8.857%, 11/30/25</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">100,684</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">Ba2</font></td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Alrosa Finance Ltd., 8.125%, 5/06/08
(Luxembourg)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,060,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">140</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">American Real Estate Partners LP/American
Real Estate Finance Corp., 7.125%, 2/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">139,300</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">Ba3</font></td>
<td width="10%" align=right><font size="2">630</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Crum &amp; Forster Holdings Corp.,
10.375%, 6/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">645,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">60</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Ford Motor Credit Co., 7.25%, 10/25/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">56,974</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">General Motors Acceptance Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB</font></td>
<td width="10%" align=right><font size="2">3,000</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;6.407%, 1/16/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,998,144</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB</font></td>
<td width="10%" align=right><font size="2">200</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;6.875%, 8/28/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">198,454</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Kazkommerts Intl. BV (Netherlands)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">Baa1</font></td>
<td width="10%" align=right><font size="2">3,000</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 4/16/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,150,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">5,455</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;8.50%, 4/16/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,711,494</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BBB</font></td>
<td width="10%" align=right><font size="2">25</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Marsh &amp; McLennan Cos., Inc.,
5.64%, 7/13/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">25,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Rainbow National Services LLC, 8.75%,
9/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">802,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">A2</font></td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Sberbank, 7.235%, 10/24/06 (Russia)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,003,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">300</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Universal City Florida Holding Co.
I/II, 10.239%, 5/01/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">309,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Financial Institutions</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">18,201,175</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Health Care&#151;0.7%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2">B</font></font></td>
<td width="10%" align=right><font size="2">280</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Angiotech Pharmaceuticals, Inc.,
7.75%, 4/01/14 (Canada)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">267,400</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">CCC+</font></td>
<td width="10%" align=right><font size="2">1,915</font></td>
<td width="6%"><font size="2"><sup> 2,3</sup></font></td>
<td width="60%" align=left><font size="2">Healthsouth Corp., 11.418%, 6/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,958,087</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">150</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Tenet Healthcare Corp., 6.875%, 11/15/31</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">116,250</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">600</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Universal Hospital Services, Inc.,
10.125%, 11/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">633,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Health Care</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,974,737</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7'><HR noshade size=2></td></tr></table>
<p align='center'><font face="serif">2</font>
<p>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>

<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%" align=center></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Industrials&#151;0.2%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">B</font></font></td>
<td width="10%" align=right><font size="2">$&nbsp;  150</font></td>
<td width="6%"><font size="2"><sup> 2,3</sup></font></td>
<td width="60%" align=left><font size="2">Impress Holdings BV, 8.512%, 9/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;   &nbsp;150,354</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">300</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Park-Ohio Industries, Inc., 8.375%,
11/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">273,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">210</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Sunstate Equipment Co. LLC, 10.50%,
4/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">218,137</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">445</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Trimas Corp., 9.875%, 6/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">411,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Industrials</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,053,116</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Media&#151;0.8%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">B-</font></font></td>
<td width="10%" align=right><font size="2">50</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Affinion Group, Inc., 10.125%, 10/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">52,313</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">100</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Cablevision Systems Corp., 9.87%,
4/01/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">106,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Charter Communications Holdings II
LLC/Charter Communications Holdings II Capital Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">CCC</font></td>
<td width="10%" align=right><font size="2">680</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;10.25%, 9/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">695,300</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">CCC</font></td>
<td width="10%" align=right><font size="2">45</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;Ser. B, 10.25%, 9/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">45,675</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Echostar DBS Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">820</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 10/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">799,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">275</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">269,453</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">230</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;7.125%, 2/01/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">223,100</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B</font></td>
<td width="10%" align=right><font size="2">80</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Medianews Group, Inc., 6.875%, 10/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">73,400</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">80</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Network Communications, Inc., 10.75%,
12/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">80,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B2</font></td>
<td width="10%" align=right><font size="2">70</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nexstar Finance, Inc., 7.00%, 1/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">63,700</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">CCC+</font></td>
<td width="10%" align=right><font size="2">410</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Nielsen Finance LLC/Nielsen Finance
Co., 10.00%, 8/01/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">423,325</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B1</font></td>
<td width="10%" align=right><font size="2">350</font></td>
<td width="6%"><font size="2"><sup> 2,3</sup></font></td>
<td width="60%" align=left><font size="2">Paxson Communications Corp., 8.757%,
1/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">352,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B</font></td>
<td width="10%" align=right><font size="2">250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">RH Donnelley Corp., 8.875%, 1/15/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">251,562</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">CCC+</font></td>
<td width="10%" align=right><font size="2">100</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Unity Media GmbH, 10.375%, 2/15/15
(Germany)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">93,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Media</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,530,203</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Real Estate&#151;1.3%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">BB+</font></font></td>
<td width="10%" align=right><font size="2">6,350</font></td>
<td width="6%"><font size="2"><sup> 4</sup></font></td>
<td width="60%" align=left><font size="2">Rouse Co., 5.375%, 11/26/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,865,161</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Technology&#151;0.1%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2">B-</font></font></td>
<td width="10%" align=right><font size="2">50</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Sensata Technologies BV, 8.00%, 5/01/14
(Netherlands)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">49,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">B-</font></td>
<td width="10%" align=right><font size="2">250</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Sungard Data Systems, Inc., 9.973%,
8/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">259,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B</font></td>
<td width="10%" align=right><font size="2">140</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Superior Essex Communications LLC/Essex
Group, Inc., 9.00%, 4/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">143,150</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Technology</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">451,525</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Telecommunications&#151;2.0%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2">BB-</font></font></td>
<td width="10%" align=right><font size="2">310</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cincinnati Bell, Inc., 7.25%, 7/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">316,975</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B3</font></td>
<td width="10%" align=right><font size="2">115</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Hawaiian Telcom Communications, Inc.,
10.789%, 5/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">117,875</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Intelsat Ltd. (Bermuda)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B</font></td>
<td width="10%" align=right><font size="2">75</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;5.25%, 11/01/08</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">72,094</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">50</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;8.25%, 1/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">50,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">200</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;8.625%, 1/15/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">204,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB-</font></td>
<td width="10%" align=right><font size="2">485</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;10.484%, 1/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">491,063</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">Ba2</font></td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Nordic Telephone Co. Holding ApS,
8.649%, 5/03/16 (Denmark) (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,917,435</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB</font></td>
<td width="10%" align=right><font size="2">2,350</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Qwest Communications Intl., Inc.,
8.905%, 2/15/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,388,187</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">2,500</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Qwest Corp., 8.64%, 6/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,690,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">BB+</font></td>
<td width="10%" align=right><font size="2">400</font></td>
<td width="6%"><font size="2"><sup> 3</sup></font></td>
<td width="60%" align=left><font size="2">Rogers Wireless Communications, Inc.,
8.515%, 12/15/10 (Canada)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">409,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">B+</font></td>
<td width="10%" align=right><font size="2">150</font></td>
<td width="6%"><font size="2"><sup> 2</sup></font></td>
<td width="60%" align=left><font size="2">Wind Acquisition Finance SA, 10.75%,
12/01/15 (Luxembourg)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">164,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Telecommunications</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">8,823,629</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Transportation&#151;0.1%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2">B3</font></font></td>
<td width="10%" align=right><font size="2">315</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Horizon Lines LLC, 9.00%, 11/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">324,450</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Corporate Bonds</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">96,318,688</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2"><b>&nbsp;</b></font></font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Bank Loans&#151;116.6%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Aerospace &amp; Defense&#151;1.7%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2"><font size="2">&nbsp;</font></font></td>
<td width="10%" align=right><font size="2">2,173</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Caci Intl., Inc., LIBOR + 1.50%,
2/04/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,172,243</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">878</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Camp Acquisition Co., Loan A, LIBOR
+ 3.00%, 8/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">877,622</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">988</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">DI Finance/DynCorp Intl., Loan B,
LIBOR + 2.25%, 1/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">990,380</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">MRO Acquisition LLC, LIBOR + 5.25%,
9/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,012,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Primus Intl., Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">30</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 0.50%, 6/16/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">29,724</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">471</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 6/16/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">470,901</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">793</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Standard Aero Holdings, Inc., LIBOR
+ 2.25%, 8/18/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">792,667</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">493</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">U.S. Investigations Services LLC,
Loan B, LIBOR + 2.50%, 10/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">494,532</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%" align=center><font size="2">&nbsp;</font></td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Aerospace &amp; Defense</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">7,840,569</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td></tr></table>
<p align='center'><font face="serif">3</font>
<p>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Automotive&#151;3.2%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;  700</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Dana Corp., LIBOR + 2.25%, 4/12/08</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;   &nbsp;699,125</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Goodyear Tire &amp; Rubber Co.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.75%, 4/01/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">502,708</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 3.50%, 4/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,010,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">GPX Intl. Tire Corp., LIBOR + 2.50%,
3/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">998,747</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">746</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">IAP Worldwide Services, Inc., LIBOR
+ 3.00%, 12/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">749,670</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">498</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Keystone Automotive, Inc., Loan C,
LIBOR + 2.50%, 11/30/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">498,122</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Lear Corp., LIBOR + 2.50%, 3/23/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">974,464</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Mark IV Industries, Inc., LIBOR +
2.50%, 6/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">999,578</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">925</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Metaldyne Corp., Loan D, LIBOR +
4.50%, 12/31/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">933,201</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,242</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Progressive Moulded Products Ltd.,
Loan B, LIBOR + 5.50%, 8/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,068,478</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,986</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">TI Group Automotive Systems, Loan
C, LIBOR + 3.25%, 6/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,926,674</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">TRW Automotive Acquisitions Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">490</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 1.50%, 6/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">488,398</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,463</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan E, LIBOR + 1.50%, 10/31/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,454,805</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Automotive</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">14,304,595</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Basic Materials&#151;10.1%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,419</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Appleton Papers, Inc., LIBOR + 2.25%,
6/30/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,425,030</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Basell NV,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">417</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 2.25%, 9/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">420,443</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">83</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B4, LIBOR + 2.25%, 8/01/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">84,089</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">83</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C4, LIBOR + 3.00%, 8/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">84,089</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">417</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C2, LIBOR + 3.00%, 9/30/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">420,443</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,621</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Boise Cascade Corp., Loan D, LIBOR
+ 1.75%, 10/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,624,812</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Brenntag Group,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">393</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 1/18/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">397,636</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 6.50%, 12/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,012,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,607</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 2.50%, 12/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,617,821</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 2.50%, 9/15/14
(EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">640,366</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">602</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Buckeye Technologies, Inc., LIBOR
+ 2.00%, 4/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">600,583</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Celanese AG,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,389</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 4/06/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,392,128</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,963</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 6/03/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,967,849</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cognis Deutschland, Loan B, LIBOR
+ 4.75%, 11/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,028,334</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">938</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Compass Minerals Group, Inc., LIBOR
+ 1.50%, 12/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">937,485</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,860</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Huntsman Intl. LLC, Loan B, LIBOR
+ 1.75%, 8/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,844,665</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Ineos Group Holdings PLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan A4, LIBOR + 2.25%, 12/16/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,259,844</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 2.25%, 12/16/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,763,855</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C2, LIBOR + 2.75%, 12/16/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,763,855</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,434</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Innophos, Inc., LIBOR + 2.25%, 8/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,443,132</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Invista BV,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,464</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B1, LIBOR + 1.75%, 4/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,461,149</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,252</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 1.50%, 4/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,252,646</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">658</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">John Maneely Co., Loan B, LIBOR +
3.00%, 3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">662,266</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">219</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Kraton Polymers LLC, LIBOR + 2.00%,
12/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">219,028</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,496</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nalco Co., Loan B, LIBOR + 1.75%,
11/04/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,496,851</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">494</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">PQ Corp., LIBOR + 2.00%, 2/28/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">494,367</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">496</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Pregis Corp., Loan B2, LIBOR + 2.50%,
10/15/12 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">630,843</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Professional Paint, Inc., LIBOR +
2.25%, 5/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">501,250</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,819</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Rockwood Specialties Group, Inc.,
Loan E, LIBOR + 2.00%, 8/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,828,673</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">UPC Technology Corp. (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">883</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan J, LIBOR, 12/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,118,114</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan K, LIBOR, 3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,264,859</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Basic Materials</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">45,659,005</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
</table>
<p align='center'><font face="serif">4</font>
<p>
<hr noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Building &amp; Development&#151;3.1%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;  498</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Contech Construction Products, Inc.,
LIBOR + 2.00%, 2/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;   &nbsp;498,089</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Custom Building Products, Inc., LIBOR
+ 5.00%, 4/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,502,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Euramax Intl., Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">334</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 7.00%, 7/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">335,464</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">166</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 7.00%, 7/15/13 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">166,411</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Harmon Koval, 3.25%, 12/31/06</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,253,125</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Landsource Communities Development
LLC, Loan B, LIBOR + 2.50%, 3/31/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,993,334</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nacco Industries, Inc., LIBOR + 2.00%,
3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">497,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">980</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nortek, Inc., Loan B, LIBOR, 8/24/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">974,708</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Ply Gem Industries, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,636</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 8/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,620,158</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">109</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 8/15/11 (CND)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">108,011</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">650</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Pro Build Holdings, Loan B, LIBOR
+ 1.75%, 6/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">649,187</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">925</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Rhodes Ranch, LIBOR + 3.25%, 11/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">920,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Stolle Machinery Co. LLC, LIBOR +
2.50, 9/29/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,487</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">United Subcontractors, Inc., LIBOR
+ 2.75%, 12/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,481,281</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Building &amp; Development</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">14,000,143</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Business Equipment &amp; Services&#151;0.2%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">987</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Latham Intl., LIBOR + 3.75%, 12/31/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">977,635</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Conglomerates&#151;5.6%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">499</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">AGY Holding Corp., LIBOR + 2.75%,
4/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">500,309</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Atlantis Plastics, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">990</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.75%, 9/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">982,575</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">748</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 7.25%, 9/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">736,287</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,243</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Blount Intl., Loan B, LIBOR + 1.75%,
8/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,243,276</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">4976</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Colfax Corp., LIBOR + 2.25%, 11/30/11
(EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,316,437</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,710</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Fidelity National Information Solutions,
Inc., Loan B, LIBOR + 1.75%, 3/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,712,426</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">419</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Gentek, Inc., LIBOR + 4.25%, 3/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">421,553</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,430</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Honeywell Security, Loan B, LIBOR
+ 3.25%, 6/28/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,438,651</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Invensys Intl. Holdings Ltd, LIBOR
+ 2.25%, 12/15/10 (GBP)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,875,472</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Invensys PLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 12/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,002,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">783</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 12/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,468,021</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Jarden Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">477</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 1/24/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">475,422</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">860</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 1.75%, 1/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">860,166</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">497</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B3, LIBOR + 1.75%, 1/24/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">494,920</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">393</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Lionbridge Technologies, Inc., LIBOR
+ 3.50%, 9/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">392,682</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">758</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Mueller Group, Inc., Loan B, LIBOR
+ 2.00%, 9/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">761,033</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,439</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Polypore, Inc., LIBOR + 3.00%, 11/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,447,082</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Conglomerates</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">25,128,812</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Consumer Products&#151;14.9%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Aearo Technologies, Inc., LIBOR +
6.50%, 9/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,012,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">24 Hour Fitness Worldwide, Inc.,
Loan B, LIBOR + 3.00%, 6/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,002,488</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Aearo Technologies, Inc., LIBOR +
2.50%, 3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,004,981</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,975</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Alliance One Intl., Inc., Loan B,
LIBOR + 3.50%, 5/13/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,984,875</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">American Safety Razor Co., LIBOR
+ 6.25%, 2/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">761,250</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">459</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Arby&#146;s Restaurant Group, Inc.,
Loan B, LIBOR + 2.25%, 7/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">458,710</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Bare Escentuals Beauty, Inc., PRIME
+ 6.00%, 7/10/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">500,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Berkline Bench Craft,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">100</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 3.75%, 10/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">87,667</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 10.0%, 4/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">550,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Bumble Bee Foods LLC, Loan B, LIBOR
+ 1.75%, 4/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">749,062</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,493</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Burlington Coat Factory Warehouse
Corp., Loan B, LIBOR + 2.25%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,451,456</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">868</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Carrols Corp., LIBOR + 2.50%, 12/31/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">872,089</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">495</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Centerplate, Inc., LIBOR + 3.25%,
10/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">497,153</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">723</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Central Garden &amp; Pet Co., Loan
B, LIBOR + 1.50%, 9/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">721,597</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">494</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Chiquita Brands Intl., Inc., Loan
C, LIBOR + 2.25%, 7/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">491,898</font></td>

<td width="2%">&nbsp;</td></tr>
</table>
<p align='center'><font face="serif">5</font>
<p>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Consumer Products&#151;(cont&#146;d)</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Coinmach Corp., Loan B1, LIBOR +
2.50%, 12/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$  &nbsp;&nbsp;&nbsp;&nbsp;1,004,843</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,640</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Commonwealth Brands, Inc., LIBOR
+ 2.25%, 12/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,647,568</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,493</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cracker Barrel, Loan B, LIBOR + 1.50%,
5/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,481,261</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">603</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Culligan Intl. Co., Loan B, LIBOR
+ 2.00%, 10/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">602,777</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Denny&#146;s Corp., LIBOR + 5.13%,
8/25/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,020,834</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,092</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Desa Intl., Inc., LIBOR + 5.75%,
12/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,091,043</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Deutsch Connectors, LIBOR + 4.75%,
2/11/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">509,583</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Eastman Kodak Co.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">876</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B1, LIBOR + 2.25%, 10/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">875,836</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">367</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 2.25%, 10/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">366,794</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Fender Musical Instruments Corp.,
LIBOR + 6.00%, 9/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">502,187</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Foodvest Ltd., (GBP)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">438</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.75%, 4/30/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">822,225</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">438</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR, 4/30/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">826,321</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Fresh Start Bakeries,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50, 9/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">500,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 5.75, 3/30/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">500,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">FTD, Inc., LIBOR, 8/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">501,250</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Hertz Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">919</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 12/31/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">923,595</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">358</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 12/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">360,037</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">985</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Landry&#146;s Restaurants, Inc.,
Loan B, LIBOR + 1.75%, 12/31/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">983,769</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">709</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Language Line, Inc., Loan B, LIBOR
+ 4.25%, 6/14/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">716,361</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">501</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Latimer/Weetabix, LIBOR + 8.00%,
7/26/16 (GBP)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">956,666</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Le-Natures, Inc., Loan B, LIBOR +
4.00%, 9/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,267,187</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,673</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Maidenform, Inc., LIBOR + 1.75%,
5/14/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,666,455</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">896</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Mapco Express, Inc., LIBOR + 2.75%,
5/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">900,439</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,042</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Movie Gallery, Inc., Loan B, LIBOR
+ 5.25%, 4/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">974,906</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,661</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Neiman-Marcus Group, Inc., LIBOR
+ 2.50%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,671,781</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,548</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">New Page, Loan B, LIBOR + 3.00%,
4/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,555,972</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Olympus Cable Holdings LLC, Loan
B, PRIME + 2.00%, 9/30/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,398,283</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%"><font size="2"><sup> 5</sup></font></td>
<td width="60%" align=left><font size="2">Orchard Supply Hardware Stores Corp.,
Loan B2, LIBOR + 2.45%, 12/09/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">542</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Oreck Corp., Loan B, LIBOR + 2.75%,
1/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">541,201</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Oriental Trading Co.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,001</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.75%, 6/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">997,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 4.75%, 1/30/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">499,583</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">OSI Group LLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,714</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 1.75%, 9/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,711,216</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,714</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 1.75%, 9/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,711,223</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">899</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">PBM Products LLC, Loan B, LIBOR +
3.00%, 7/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">898,595</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,065</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Pierre Foods, Inc., Loan B, LIBOR
+ 2.00%, 7/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,066,331</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Pivotal Promontory LLC, LIBOR + 6.50%,
9/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">742,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,955</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Prestige Brands Holdings, Inc., Loan
B, LIBOR + 2.25%, 4/07/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,960,703</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Quiznos Corp., LIBOR + 2.25%, 5/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,987,858</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,152</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">RH Donnelley, Inc., Loan D2, LIBOR
+ 1.50%, 12/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,134,355</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,493</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Roundy&#146;s Supermarkets, Inc.,
LIBOR + 3.00%, 11/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,503,072</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">673</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Spectrum Brands, Inc., Loan B, LIBOR
+ 3.00%, 1/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">674,242</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,400</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Sturm Foods, Inc., LIBOR + 2.25%,
5/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,401,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,497</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Supervalu, Inc., Loan B, LIBOR +
1.75%, 6/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,495,939</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Synventive Acquisition, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">812</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 14.0%, 2/17/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">665,926</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">744</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 3.50%, 7/27/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">677,381</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">497</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Travelcenters of America, Inc., Loan
B, LIBOR + 1.75%, 6/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">497,127</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">915</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Tupperware Corp., LIBOR + 1.50%,
11/07/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">907,477</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">524</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Warnaco, Inc., Loan B, LIBOR + 1.50%,
1/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">519,105</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Waterpik Technologies, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">499,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 6.50%, 10/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">757,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Consumer Products</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">67,123,658</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
</table>
<p align='center'><font face="serif">6</font>
<p>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Containers &amp; Packaging&#151;5.2%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Bluegrass Container Co. LLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  346</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 6/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;   &nbsp;347,614</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 5.00%, 12/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,515,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,155</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.25%, 6/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,161,761</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">200</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Covalence Specialty Materials Corp.,
LIBOR + 3.25%, 8/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">201,833</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Georgia-Pacific Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,488</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 2/28/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,492,077</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 3.00%, 2/28/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,513,062</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Graham Packaging Co. LP,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,673</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.25%, 10/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,683,164</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,414</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR + 4.25%, 4/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,424,228</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,425</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Graphic Packaging Intl., Inc., Loan
C, LIBOR + 2.50%, 8/08/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,455,181</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Smurfit-Stone Container Enterprises,
Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">597</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.25%, 11/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">599,477</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B1, LIBOR + 2.50%, 2/15/15
(EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">959,994</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C1, LIBOR + 3.00%, 2/15/14
(EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">957,576</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,932</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Solo Cup, Inc., PRIME + 1.50%, 2/27/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,923,953</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Containers &amp; Packaging</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">23,234,920</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Ecological Services &amp; Equipment&#151;0.4%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Envirosolutions, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">927</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 3.50%, 2/28/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">928,975</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,073</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 3.50%, 7/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,074,775</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Ecological Services &amp; Equipment</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,003,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Energy&#151;6.4%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">AES Corp., LIBOR + 1.75%, 4/30/08</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500,124</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Astoria Generating Co. Acquisitions
LLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">133</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 2/23/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">133,749</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">564</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.00%, 2/23/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">565,580</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Boart Longyear Co.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 7.00%, 4/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">505,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">187</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;PRIME + 2.00%, 7/28/12 (CND)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">188,370</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,301</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;PRIME + 2.00%, 11/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,304,102</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">955</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cellnet Technology, Inc., Loan B,
LIBOR + 3.00%, 4/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">961,748</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Coffeyville Resources LLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">600</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 6/22/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">602,550</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">891</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR + 2.25%, 7/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">894,821</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Coleto Creek Power,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">127</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR, 7/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">126,592</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,873</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR, 7/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,860,907</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">249</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Complete Production Services, Inc.,
Loan B, LIBOR + 2.50%, 8/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">248,823</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,493</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Key Energy Services, Inc., Loan B,
LIBOR + 3.25%, 8/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,498,097</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">LSP General Finance Co. LLC, LIBOR
+ 1.75%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">996,873</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">499</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Meg Energy Corp., Loan B, LIBOR +
2.25%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">499,195</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">996</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Mirant NA LLC, Loan B, LIBOR + 1.75%,
1/05/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">991,179</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">4,990</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">NRG Energy, Inc., LIBOR + 2.00%,
1/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,008,143</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">626</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Petro Geological Services, Loan B,
LIBOR + 2.50%, 12/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">629,859</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Plum Point Energy Associates,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">194</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 3.75%, 3/14/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">196,229</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">716</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 3.25%, 3/14/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">722,833</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Regency Gas, LIBOR, 8/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,260,547</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,976</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Reliant Energy, Inc., LIBOR + 2.38%,
4/30/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,974,062</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Semcrude LP,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,438</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 2/28/11 (CND)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,443,230</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">678</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 2/28/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">680,269</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,494</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Trinidad Energy Services Income Trust,
LIBOR + 2.50%, 4/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,493,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Wolf Hollow I LP,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">100</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 0.50%, 6/22/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">99,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">400</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 6/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">396,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR, 12/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">495,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">485</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.25%, 6/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">480,748</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Energy</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">28,757,380</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td></tr></table>
<p align='center'><font face="serif">7</font>
<p>
<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Entertainment &amp; Leisure&#151;6.5%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  990</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Blockbuster Entertainment Corp.,
Loan B, LIBOR + 3.50%, 8/20/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;   &nbsp;984,926</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,229</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">CCM Merger, Inc., Loan B, LIBOR +
2.00%, 7/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,214,168</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Edge Las Vegas, LIBOR, 6/15/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">750,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Fairmont Hotels &amp; Resorts, Inc.,
Loan B, LIBOR + 3.25%, 7/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,512,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Greektown Holdings LLC, Loan B, LIBOR
+ 2.50%, 12/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,012,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Hallmark Entertainment LLC, Loan
B, LIBOR + 2.50%, 12/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,493,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,485</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Hit Entertainment Ltd., LIBOR + 2.25%,
8/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,489,949</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Hollywood Theaters, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,715</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 3.25%, 8/01/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,723,575</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 7.00%, 1/21/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,525,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,485</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Kerasotes Theatres, Inc., Loan B,
LIBOR + 2.50%, 11/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,485,620</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,993</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Metro-Goldwyn-Mayer Studios, Inc.,
Loan B, LIBOR + 3.25%, 4/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,959,903</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Riverside Casino &amp; Golf Resort
LLC, Loan B, LIBOR + 4.00%, 11/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">750,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">925</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Universal City Development Partners
LP, Loan B, LIBOR + 2.00%, 6/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">925,455</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Venetian Casino Resorts LLC, Loan
B, LIBOR + 1.75%, 6/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,499,296</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Wembley, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">990</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 8/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">996,187</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 4.25%, 8/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,513,125</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,099</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Wyndham Intl., Inc., Loan E, LIBOR
+ 4.50%, 9/11/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,104,847</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">475</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Yellowstone Mountain Club, LIBOR
+ 2.38%, 10/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">473,536</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Entertainment &amp; Leisure</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">29,414,337</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Financial Institutions&#151;13.8%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Advantage Sales &amp; Marketing,
Inc., LIBOR + 2.00%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">992,096</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,007</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Arias Acquisitions, Inc., LIBOR +
3.75%, 7/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">971,681</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Arrowhead General Insurance Agency,
Inc., LIBOR, 8/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">252,188</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Asurion Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,199</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 3.00%, 8/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,201,435</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 6.25%, 2/28/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">505,313</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Audatex, LIBOR + 5.50%, 10/15/13
(EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,586,823</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Bankruptcy Management,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.75%, 6/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,005,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 6.25%, 7/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">507,813</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Billing Services Group,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">63</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 5/05/12 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">79,253</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">4,875</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 5/05/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,181,747</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">BNY Convergex Group LLC, LIBOR +
3.00%, 8/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Brock Holdings, LIBOR + 2.50%, 8/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">501,875</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">CCC Information Services Group, Inc.,
Loan B, LIBOR + 2.50%, 2/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">501,459</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">10,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Century Corp., PRIME + 2.00%, 12/31/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">9,714,290</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Charter Mac, Loan B, LIBOR + 2.50%,
8/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,251,562</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">GS Holdings Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">499</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 1.75%, 5/15/13 (CND)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">497,326</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">95</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 1.75%, 5/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">94,933</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">91</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR, 5/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">90,852</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">64</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR, 5/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">63,597</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,943</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Jostens, Inc., Loan C, LIBOR + 2.00%,
10/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,953,544</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">850</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Lucite Intl. Finance PLC, LIBOR +
9.00%, 7/15/14 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,060,665</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Moeller Group, LIBOR, 9/17/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,569,071</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">N.E.W. Holdings I LLC, LIBOR, 8/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">752,812</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nasdaq Stock Market, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,246</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 1.75%, 4/18/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,244,879</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">723</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR + 1.75%, 4/18/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">721,696</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Navistar Financial Corp., LIBOR +
5.00%, 2/28/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,060,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Owens Illinois Group, Inc., Loan
B, LIBOR, 6/30/13 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,536,101</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,493</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Pinnoak Resources LLC, LIBOR + 3.25%,
11/22/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,462,650</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,244</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Professional Service, Inc., Loan
B, LIBOR + 2.75%, 10/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,245,305</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,823</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Ripplewood Phosphorus U.S. LLC, LIBOR
+ 3.25%, 7/16/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,785,700</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,125</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Sedgewick Claims Management Services,
Inc., Loan B, LIBOR + 2.00%, 2/28/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,123,593</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Targa Resources, Inc., LIBOR + 2.25%,
10/31/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,499,532</font></td>

<td width="2%">&nbsp;</td></tr>
</table>
<p align='center'><font face="serif">8</font>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Financial Institutions&#151;(cont&#146;d)</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">TPG Springs,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  997</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR, 3/22/13 (GBP)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,863,868</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR, 3/22/15 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,217,702</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">997</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR, 3/22/14 (GBP)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,873,199</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Transfirst Holdings, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 6.25%, 8/09/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,007,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.50%, 8/09/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,003,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">460</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">USI Holdings Corp., Loan B, LIBOR
+ 2.25%, 7/30/08</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">460,672</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Vertellus, LIBOR + 3.25%, 7/08/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">749,063</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Financial Institutions</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">62,191,170</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Health Care&#151;7.5%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,339</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Arizant, Inc., LIBOR + 3.75%, 8/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,351,898</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,113</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">CCS Medical, Loan B, LIBOR + 3.25%,
10/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,035,249</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,357</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Community Health Systems, Inc., LIBOR
+ 1.75%, 8/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,354,736</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,263</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Concentra Operating Corp., Loan B,
LIBOR + 2.00%, 9/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,265,497</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">855</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Davita, Inc., Loan B, LIBOR + 2.00%,
6/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">857,536</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">682</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Duloxetine Royalty, LIBOR + 4.50%,
10/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">682,199</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Healthsouth Corp., Loan B, LIBOR
+ 3.25%, 3/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,019,998</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,941</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">IASIS Healthcare Corp., Loan B, LIBOR
+ 2.25%, 6/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,951,637</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,476</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Jean Coutu Group, Inc., Loan B, LIBOR
+ 2.50%, 6/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,477,948</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">463</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Multiplan, Inc., LIBOR + 2.00%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">461,449</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">National Renal Institutes, Inc.,
Loan B, LIBOR + 2.25%, 4/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">750,469</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Quintiles Transnational Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">995,629</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 4.00%, 3/31/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">253,828</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">498</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Radnet Management, Inc., Loan B,
LIBOR + 4.00%, 3/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">498,744</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">988</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Select Medical Corp., Loan B, LIBOR
+ 1.75%, 2/28/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">967,997</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,014</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">U.S. Oncology, Inc., LIBOR + 2.25%,
6/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,019,203</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">988</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Vanguard Health Holding Co. II LLC,
LIBOR + 2.25%, 9/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">986,901</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Warner Chilcott Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">88</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 1/18/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">88,236</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">440</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 1/18/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">440,977</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,901</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.50%, 1/18/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,903,698</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">522</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR + 2.50%, 1/18/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">522,660</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Health Care</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">33,886,489</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Industrials&#151;2.5%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Acosta, Inc., LIBOR + 2.75%, 8/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,513,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Bolthouse Farms, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">995</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 12/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">999,975</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 5.50%, 12/16/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">508,334</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">333</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Chart Industries, Inc., Loan B, LIBOR
+ 2.00%, 10/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">333,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,950</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Drummond Co., Inc., LIBOR + 1.75%,
2/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,901,250</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Novelis, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">224</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.25%, 1/13/10
(CND)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">224,676</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">389</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.25%, 12/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">390,227</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">625</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">QTC Acquisition, Inc., LIBOR + 6.50%,
5/04/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">625,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Standard Steel LLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">83</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 1.00%, 7/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">83,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">417</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.50%, 7/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">418,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,375</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Thermo Fluids, Inc., Loan B, LIBOR
+ 3.00%, 8/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,375,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Tinnerman Palnut Engineered Products,
Inc., LIBOR + 7.75%, 11/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,920,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Trimas Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">94</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.75%, 7/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">94,277</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">406</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR, 7/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">408,535</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">278</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Worldspan LP, LIBOR + 2.75%, 6/30/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">277,040</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Industrials</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">11,074,314</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
</table>
<p align='center'><font face="serif">9</font>
<hr noshade  width="100%" size=4>


<P align="left" style="page-break-before:always"></P><PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Media&#151;18.7%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp; 1,835</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Alliance Atlantis Communications,
Inc., Loan C, LIBOR + 1.50%, 11/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,833,131</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">American Lawyers Media, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,715</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.50%, 3/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,709,066</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 5.75%, 3/07/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,005,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">American Media Operations, Inc.,
Loan B, LIBOR + 3.00%, 1/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,002,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Bresnan Communications Group LLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">450</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 10/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">448,875</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 4.50%, 4/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">255,417</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">8,398</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cablecom SCA, Loan A, LIBOR, 12/31/10
(CHF)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,703,512</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">10</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cablevision Systems Corp., LIBOR
+ 1.75%, 3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">9,956</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Century TCI California LP, PRIME,
12/31/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,975,416</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">6,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cequel Communications LLC, LIBOR
+ 2.25%, 11/01/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,945,628</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Charter Communications Holdings LLC/Charter
Communication Holdings Capital Corp.,<br>
&nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.63%, 4/28/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right valign="bottom"><font size="2">3,513,825</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">734</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">CMP Susquehanna Corp., Loan B, LIBOR
+ 2.00%, 5/05/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">732,782</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,980</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">CSC Holdings, Inc., LIBOR + 1.75%,
3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,962,587</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,407</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Dex Media East LLC/Dex Media East
Finance Co., Loan B, LIBOR + 1.50%, 12/31/08</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,385,928</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Dex Media West LLC/Dex Media Finance
Co.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">837</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B1, LIBOR + 1.50%, 9/09/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">831,764</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,508</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 1.50%, 9/01/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,498,866</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Gatehouse Media Operating, Inc.,
LIBOR + 2.25%, 12/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,249,219</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">4,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">German Media Partners LP, LIBOR,
6/06/13 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,084,883</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Insight Midwest Holdings LLC,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,324</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan A, LIBOR + 1.25%, 6/30/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,318,926</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,970</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR + 2.00%, 12/31/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,976,658</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">4,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">KDG Media Technologies AG, Loan A,
PRIME + 2.00%, 3/31/12 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,074,379</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,493</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Liberty Cablevision of Puerto Rico
Ltd., LIBOR + 2.25%, 2/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,492,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,900</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Mediacom Communications Corp., Loan
A, LIBOR + 1.00%, 3/31/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,862,444</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,975</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Mediacom Illinois LLC, Loan C, LIBOR
+ 1.75%, 1/15/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,965,479</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Meidacom Broadband LLC, Loan D1,
LIBOR + 1.75%, 1/31/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,490,157</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,931</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Mission Broadcasting, Inc., Loan
B, LIBOR + 1.75%, 8/14/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,924,079</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">NEP Supershooters LP,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">674</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 4.00%, 2/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">679,880</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 8.00%, 8/01/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">505,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">New Wave Communications, LIBOR +
3.25%, 6/20/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,876</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nexstar Finance, Inc., Loan B, LIBOR
+ 1.75%, 8/14/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,868,813</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nielsen Finance LLC/Nielsen Finance
Co., Loan B, LIBOR + 2.75%, 8/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,989,167</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">498</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Prism Business Media, Inc., Loan
B, LIBOR + 2.25%, 10/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">498,329</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Prysmian Cables &amp; Systems,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,034</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B3a, LIBOR, 8/22/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,036,142</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">508</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C5a, LIBOR, 8/22/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">510,306</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Puerto Rico Cable Acquisition Co.,
LIBOR + 6.25%, 7/31/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">753,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">746</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Quebecor Media, Inc., Loan B, LIBOR
+ 2.00%, 1/17/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">749,981</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">TDC, (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2"></font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR, 11/12/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,597,863</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C2, LIBOR, 11/12/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,604,572</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">146</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Triple Crown Media, Inc., LIBOR +
3.25%, 12/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">145,939</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Wide Open West Finance LLC, Loan
B, LIBOR + 2.25%, 4/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">499,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,913</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">WMG Acquisition Corp., LIBOR + 2.00%,
4/08/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,918,395</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Yell Group PLC, Loan B, LIBOR + 2.00%,
2/15/13 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,191,031</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">993</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Young Broadcasting, Inc., LIBOR +
2.50%, 11/01/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">988,160</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Media</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">84,039,680</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Real Estate&#151;1.6%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,051</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Acoustical Materials, LIBOR + 2.75%,
4/30/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,051,442</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Foster Wheeler Ltd., TBD, 9/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,252,812</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,596</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Headwaters, Inc., LIBOR + 2.00%,
4/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,587,631</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">300</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Kyle Acquisition Group LLC, LIBOR
+ 2.00%, 7/31/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">300,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Masonite Intl. Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">247</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 3/31/13 (CND)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">241,610</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">247</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">242,019</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">401</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Stewart Enterprises, Inc., Loan B,
LIBOR + 1.75%, 11/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">400,986</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Real Estate</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">7,076,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td></tr></table>
<p align='center'><font face="serif">10</font>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Principal</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Amount</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%" align=center><center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">(000)</font> </b>
    </center></td>
    <td width="6%"><center>
    </center></td>
    <td width="60%" align=left><center>
        <b><font size="2">Description</font> </b>
    </center></td>
    <td width="2%"><center>
    </center></td>
    <td width="10%" align=right><center>
        <b><font size="2">Value</font> </b>
    </center></td>
    <td width="2%">&nbsp;</td>
  </tr>
  <tr valign=top>
    <td width="10%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="6%"><HR noshade size=2></td>
    <td width="60%" align=left><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
    <td width="10%" align=right><HR noshade size=2></td>
    <td width="2%"><HR noshade size=2></td>
  </tr>
  <tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Technology&#151;5.1%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  499</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Activant Solutions, Inc., Loan B,
LIBOR + 2.00%, 4/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;   &nbsp;493,763</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">746</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Affiliated Computer Services, Inc.,
Loan B, LIBOR + 2.00%, 3/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">747,766</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Crown Castle Intl. Corp., Loan B,
LIBOR + 2.25%, 6/15/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">752,410</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Directed Electronics, Inc.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,901</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.25%, 3/15/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,899,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;PRIME + 1.25%, 9/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">750,937</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Electrical Components Intl. Holdings
Co., LIBOR + 6.50%, 5/19/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">502,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">494</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Federal IT Systems, Inc., LIBOR +
2.50%, 4/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">494,987</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nuance Communications, Inc., LIBOR
+ 2.00%, 12/29/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">987,525</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Redprarie Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 6.50%, 1/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">998</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR, 7/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">997,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Sensata Technologies BV,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.00%, 4/30/13 (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,906,831</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 1.75%, 4/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,985,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">351</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">SS&amp;C Technologies, Inc., LIBOR
+ 2.50%, 11/04/12 (CND)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">352,088</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,475</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Sungard Data Systems, Inc., Loan
B, LIBOR + 2.50%, 1/05/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,490,689</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,114</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">UGS Corp., LIBOR + 1.75%, 5/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,109,317</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,861</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Verifone, Inc., Loan B, LIBOR + 1.75%,
6/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,856,950</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,251</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Westcom Corp., Loan B, LIBOR + 2.75%,
12/31/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,250,522</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Technology</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">22,828,285</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Telecommunications&#151;8.8%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">American Cellular Corp., LIBOR +
0.50%, 8/15/07</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">750,469</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,995</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Atlantic Broadband Finance LLC, Loan
B1, PRIME + 1.75%, 1/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,009,962</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">449</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Cavalier Telecom, Loan B, LIBOR +
4.50%, 3/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">453,925</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,169</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Centennial Cellular Operating Co.,
LIBOR + 2.25%, 2/09/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,179,572</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Communication Supply Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">403</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.75%, 2/28/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">402,837</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">96</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.75%, 2/28/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">96,154</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Country Road Communications LLC,
LIBOR, 6/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">505,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Eircom Group PLC, (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B, LIBOR + 2.38%, 9/15/15</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,814,720</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR, 9/15/14</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">3,793,162</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan D, LIBOR, 3/15/16</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,301,020</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Fairpoint Communications, Inc., LIBOR
+ 1.75%, 2/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">744,375</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Iowa Telecommunications Services,
Inc., Loan B, LIBOR + 1.75%, 11/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,998,750</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">IPC Acquisition Corp.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">956</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR + 2.75%, 8/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">960,248</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;LIBOR, 9/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">752,969</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;TBD, 8/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">754,687</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Madison River Capital LLC, Loan B1,
LIBOR + 2.25%, 7/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,003,125</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,738</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">NTELOS, Inc., LIBOR + 2.25%, 2/24/10</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,737,455</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">NTL Investment Holding Ltd.,</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,420</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 2.13%, 9/03/12
(GBP)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">4,515,235</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">80</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B2, LIBOR + 2.13%, 9/03/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">149,469</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,500</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C, LIBOR, 3/03/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,833,101</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">750</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Nuvox Communications, LIBOR + 5.00%,
5/15/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">750,937</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">448</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Triton PCS, Inc., LIBOR + 3.25%,
11/15/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">450,918</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Wind Acquisition Finance SA, (EUR)</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan A1, LIBOR + 2.25%, 7/31/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,551,952</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan B1, LIBOR + 2.75%, 6/17/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,527,859</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,000</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;Loan C1, LIBOR + 3.25%, 7/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,539,272</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Telecommunications</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">39,577,173</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><b><font size="2">Transportation&#151;1.3%</font></b></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">875</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Delta Air Lines, Inc., Loan A, LIBOR
+ 2.75%, 4/15/08</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">882,500</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">400</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Kenan Advantage Group, LIBOR + 3.00%,
12/15/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">402,000</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">360</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Sirva Worldwide, Inc., LIBOR + 6.00%,
12/31/09</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">341,502</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">605</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Transport Industries LP, Loan B,
LIBOR + 2.50%, 9/30/11</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">606,921</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">995</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">UAL Corp., LIBOR + 3.75%, 1/31/12</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">1,008,474</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,501</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Vanguard Car Rental Holdings, Inc.,
Loan B, LIBOR + 3.00%, 6/30/13</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">2,500,625</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top bgcolor='#DDDDDD'><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Transportation</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">5,742,022</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top bgcolor='#DDDDDD'><td COLSPAN='7' ><HR noshade size=2></td>
</tr>
<tr valign=top><td width="10%">&nbsp;</td>
<td width="10%" align=right><font size="2">&nbsp;</font></td>
<td width="6%">&nbsp;</td>
<td width="60%" align=left><font size="2">Total Bank Loans</font></td>
<td width="2%">&nbsp;</td>
<td width="10%" align=right><font size="2">524,860,437</font></td>

<td width="2%">&nbsp;</td></tr>
<tr valign=top><td COLSPAN='7' ><HR noshade size=2></td></tr></table>
<p align='center'><font face="serif">11</font>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P>
<PAGE>
<p><font size="3"><b> BlackRock Global Floating Rate Income Trust (BGT) (continued)</b></font>

<br>
<TABLE border=0 cellspacing=0 cellpadding=0 width=100%>
<TR align="center" valign="bottom">
	<TD width=8%>      <center>
        <b></b>
        <center>
        </center>
          </center></TD>
	<TD width=8%>
      <center>
        <B><FONT size=2 face="serif">Principal</FONT></B>
      </center></TD>
	<TD width=5%><b>
    <center>
    </center>
	</b></TD>
	<TD width=64%><b>
    <center>
    </center>
	</b></TD>
	<TD width=2%><b>
    <center>
    </center>
	</b></TD>
	<TD width=10%><b>
    <center>
    </center>
	</b></TD>
	<TD width=3%><b>&nbsp; </b></TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>      <center>
    </center></TD>
	<TD width=8% align=center>
      <center>
        <B><FONT size=2 face="serif">Amount</FONT></B>
      </center></TD>
	<TD width=5%>
	  <center>
    </center></TD>
	<TD width=64% align=left>

	  <center>
    </center></TD>
	<TD width=2%>
	  <center>
    </center></TD>
	<TD width=10% align=left>

	  <center>
    </center></TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=8%>      <center>
        <b><font size="2">Rating<sup>1</sup></font> </b>
	</center></TD>
	<TD width=8% align=right>
      <center>
        <B><FONT size=2 face="serif">(000)</FONT></B>
      </center></TD>
	<TD width=5%>
	  <center>
    </center></TD>
	<TD width=64% align=left>

 <center>
   <B><FONT size=2
face="serif">Description</FONT></B>&nbsp;
    </center></TD>
	<TD width=2%>
	  <center>
    </center></TD>
	<TD width=10% align=right>
      <center>
        <B><FONT size=2 face="serif">Value</FONT></B>
      </center></TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR bgcolor="white">
	<TD colspan=7><HR align="center" size=2 noshade>

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<B><FONT size=2 face="serif">Foreign Government Bonds&#151;21.6%</FONT></B>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left>

	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">B+</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,840</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Argentina Republic, 4.005%, 8/03/12</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,686,080</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">4,357</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Bolivarian Republic of Venezuela, 2.75%, 12/18/07</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">4,345,844</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Federative Republic of Brazil,</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left>

	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">9,435</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">3,4</font></sup>
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">11.117%, 6/29/09</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">10,826,663</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">640</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">Ser. B, 10.00%, 8/07/11</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">751,360</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">B+</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">1,600</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Islamic Republic of Pakistan, 6.75%, 2/19/09</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">1,597,440</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB+</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">5,689</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Kingdom of Morocco, 6.344%, 1/02/09</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">5,717,331</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">A-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">800</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">4</font></sup>
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Malaysia, 8.75%, 6/01/09</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">867,000</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">A</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,400</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">4</font></sup>
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of Chile, 6.875%, 4/28/09</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,496,000</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">1,200</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">3</font></sup>
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of Colombia, 8.94%, 3/17/13</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">1,317,000</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">3,200</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of Costa Rica, 9.335%, 5/15/09</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">3,446,400</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB+</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,000</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of Panama, 8.25%, 4/22/08</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,070,500</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of Peru,</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left>

	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">5,376</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">4.50%, 3/07/17</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">5,281,920</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB+</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,400</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">9.125%, 1/15/08</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,508,000</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BBB+</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,400</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">4</font></sup>
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of South Africa, 7.375%, 4/25/12</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,595,000</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,400</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of the Philippines, 8.875%, 4/15/08</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,505,444</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">B+</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">950</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of Uruguay, 6.875%, 1/19/16 (EUR)</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">1,252,834</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Republic of Venezuela,</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left>

	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,214</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">3.063%, 3/31/07</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,202,862</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">4,000</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">3</font></sup>
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">6.511%, 4/20/11</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">3,960,000</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">4,800</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">9.125%, 6/18/07</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">4,900,800</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,000</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">11.00%, 3/05/08 (EUR)</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,754,409</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BBB+</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">4,000</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Russian Federation, 10.00%, 6/26/07</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">4,127,600</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,735</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Turkey, 7.00%, 9/26/16</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,680,300</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Ukraine,</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left>

	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">2,800</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">2</font></sup>
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">6.875%, 3/04/11</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">2,828,000</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">BB-</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">16,100</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">2,3,4</font></sup>
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">8.903%, 8/05/09</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">17,005,625</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">United Mexican States,</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left>

	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">Baa1</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">4,800</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">3,4</font></sup>
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">6.20%, 1/13/09</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">4,850,400</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">Baa1</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">10,000</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">8.00%, 12/24/08 (MXN)</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">916,318</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>
      <center>
        <FONT size=2 face="serif">A</FONT>&nbsp;
      </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">9,820</FONT>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
 &nbsp; &nbsp;<FONT size=2 face="serif">9.00%, 12/22/11 (MXN)</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">926,710</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR bgcolor="white">
	<TD width="8%">
	  <center>
	    <HR noshade size=2>
      </center></TD>
	<TD width="8%"><HR noshade size=2>
	</TD>
	<TD width="5%"><HR noshade size=2>
	</TD>
	<TD width="64%"><HR noshade size=2>
	</TD>
	<TD width="2%"><HR noshade size=2>
	</TD>
	<TD width="10%">
<HR noshade size=2>	</TD>
	<TD width="3%">
<HR noshade size=2>	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Total Foreign Government Bonds</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">97,417,840</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR bgcolor="white">
	<TD width="8%">
	  <center>
	    <HR noshade size=2>
      </center></TD>
	<TD width="8%">
<HR noshade size=2>	</TD>
	<TD width="5%"><HR noshade size=2>
	</TD>
	<TD width="64%"><HR noshade size=2>
	</TD>
	<TD width="2%"><HR noshade size=2>
	</TD>
	<TD width="10%">
<HR noshade size=2>	</TD>
	<TD width="3%">
<HR noshade size=2>	</TD>
</TR>
<TR bgcolor="lightgrey">
	<TD colspan=7>

	  <center>
    </center></TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=center>
<B><FONT size=2 face="serif">Shares</FONT></B>
	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left>

	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR bgcolor="lightgrey">
	<TD width="8%">
	  <center>
    </center></TD>
	<TD width="8%">
<HR noshade size=2>	</TD>
	<TD width="5%">
	</TD>
	<TD width="64%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="10%">
	</TD>
	<TD width="3%">
	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<B><FONT size=2 face="serif">Common Stocks&#151;0.0%</FONT></B>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left>

	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=right>
<FONT size=2 face="serif">947</FONT></TD>
	<TD width=5%><sup><font size=2 face="serif">5,6</font></sup>
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Critical Care Systems Intl., Inc.</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">6,629</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR bgcolor="white">
	<TD width="8%">
	  <center>
	    <HR noshade size=2>
      </center></TD>
	<TD width="8%"><HR noshade size=2>
	</TD>
	<TD width="5%"><HR noshade size=2>
	</TD>
	<TD width="64%"><HR noshade size=2>
	</TD>
	<TD width="2%"><HR noshade size=2>
	</TD>
	<TD width="10%">
<HR noshade size=2>	</TD>
	<TD width="3%">
<HR noshade size=2>	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<B><FONT size=2 face="serif">Total investments&#151;159.6% </FONT></B><FONT size=2 face="serif">(cost &#36;715,560,265</FONT><SUP><FONT size=2 face="serif">7</FONT></SUP><FONT size=2 face="serif">)</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">$&nbsp;&nbsp;&nbsp;&nbsp;718,603,594</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Liabilities in excess of other assets (including &#36;35,089,641 in reverse repurchase agreements payable, &#36;18,427,821 in investments purchased payable, &#36;16,938,058 in receivable from investments sold and 10,448,854 in interest receivable)&#151;(5.5)%</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=left><div align="right"><FONT size=2 face="serif">(24,646,215</FONT>

	</div></TD>
	<TD width=3% align=left><FONT size=2 face="serif">)</FONT>&nbsp;

	</TD>
</TR>
<TR valign="bottom" bgcolor="lightgrey">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<FONT size=2 face="serif">Preferred shares at redemption value, including dividends payable&#151;(54.1)%</FONT>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">(243,549,058</FONT>
	</TD>
	<TD width=3% align=left>
<FONT size=2 face="serif">)</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom" bgcolor="white">
  <TD><HR noshade size=2></TD>
  <TD align=left><HR noshade size=2></TD>
  <TD><HR noshade size=2></TD>
  <TD align=left><HR noshade size=2></TD>
  <TD><HR noshade size=2></TD>
  <TD align=right><HR noshade size=2></TD>
  <TD align=left><HR noshade size=2></TD>
</TR>
<TR valign="bottom" bgcolor="white">
	<TD width=8%>

	  <center>
    </center></TD>
	<TD width=8% align=left>

	</TD>
	<TD width=5%>&nbsp;
	</TD>
	<TD width=64% align=left>
<B><FONT size=2 face="serif">Net Assets Applicable to Common Shareholders&#151;100%</FONT></B>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=10% align=right>
<FONT size=2 face="serif">$&nbsp;&nbsp;&nbsp;&nbsp;450,408,321</FONT>
	</TD>
	<TD width=3% align=left>&nbsp;

	</TD>
</TR>
<TR bgcolor="lightgrey">
	<TD width="8%">
<HR align="center" size=3 noshade>	</TD>
	<TD width="8%">
      <HR align="center" size=3 noshade>	</TD>
	<TD width="5%"><HR align="center" size=3 noshade>
	</TD>
	<TD width="64%"><HR align="center" size=3 noshade>
	</TD>
	<TD width="2%"><HR align="center" size=3 noshade>
	</TD>
	<TD width="10%">
      <HR align="center" size=3 noshade>	</TD>
	<TD width="3%">
      <HR align="center" size=3 noshade>	</TD>
</TR>
</TABLE>
<BR>
<hr noshade size=1 width=150 align=left>
<TABLE border=0 cellspacing=5 cellpadding=0>
<TR>
	<TD width="36" valign=top nowrap>
<SUP><FONT size=2 face="serif">1</FONT></SUP>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width="1163">
<FONT size=2 face="serif">Using the highest of Standard &amp;Poor&#146;s, Moody&#146;s Investors Service or Fitch ratings.</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<SUP><FONT size=2 face="serif">2</FONT></SUP>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD>
<FONT size=2 face="serif">Security is not registered under the Securities Act of 1933. These securities may be resold in transactions in accordance with Rule 144A under that Act, to qualified institutional buyers. As of September 30, 2006, the Trust
held 7.4% of its net assets, with a current market value of &#36;33,532,353, in securities restricted as to resale.</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<SUP><FONT size=2 face="serif">3</FONT></SUP>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD>
<FONT size=2 face="serif">Variable rate security. Rate shown is interest rate as of September 30, 2006.</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<SUP><FONT size=2 face="serif">4</FONT></SUP>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD>
<FONT size=2 face="serif">Entire or partial principal amount pledged as collateral for reverse repurchase agreements.</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<SUP><FONT size=2 face="serif">5</FONT></SUP>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD>
<FONT size=2 face="serif">Security is fair valued.</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<SUP><FONT size=2 face="serif">6</FONT></SUP>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD>
<FONT size=2 face="serif">Non-income producing security.</FONT>	</TD>
</TR>
<TR>
	<TD nowrap valign=top>
<SUP><FONT size=2 face="serif">7</FONT></SUP>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD>
<FONT size=2 face="serif">Cost for Federal income tax purposes is &#36;715,693,341. The net unrealized appreciation on a tax basis is &#36;2,910,253, consisting of &#36;8,288,970 gross unrealized appreciation and &#36;5,378,717 gross unrealized
depreciation.</FONT>	</TD>
</TR>
<TR>
<TD>&nbsp;</TD>	<TD>
<FONT size=2 face="serif">A category in the Corporate Bonds and Bank Loans sections may contain multiple industries as defined by the Securities and Exchange Commission&#146;s Standard Industry Codes.</FONT>	</TD>
</TR>
<TR><TD colspan=2></TD>
</TR></TABLE>
<TABLE width=100% border=0 cellpadding=0 cellspacing=0>
  <TR bgcolor="#FFFFFF">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR bgcolor="#FFFFFF">
    <TD width="8%">
    <HR align="center" size=2 noshade>    </TD>
    <TD width="8%">
      <HR align="center" size=2 noshade>
</TD>
    <TD width="5%"><HR align="center" size=2 noshade></TD>
    <TD width="64%"><HR align="center" size=2 noshade></TD>
    <TD width="2%"><HR align="center" size=2 noshade></TD>
    <TD width="10%">
      <HR align="center" size=2 noshade>
</TD>
    <TD width="3%">
      <HR align="center" size=2 noshade>
</TD>
  </TR>
</TABLE>
<TABLE border=0 cellspacing=0 cellpadding=0 width=100%>
<TR valign="bottom">
	<TD colspan="6" align=left>
      <center>
        <B><FONT size=2 face="serif">KEY TO ABBREVIATIONS</FONT></B>&nbsp;
      </center></TD>
  </TR>
<TR valign="bottom">
	<TD width=6% align=right>
      <div align="left"><FONT size=2 face="serif">CHF</FONT>&nbsp;
      </div></TD>
	<TD width=4% align=right>
      <div align="left"><FONT size=2 face="serif">&#151;</FONT>&nbsp;
      </div></TD>
	<TD width=30% align=left>
<FONT size=2 face="serif">Swiss Franc</FONT>&nbsp;
	</TD>
	<TD width=7% align=right> <div align="left"><FONT size=2 face="serif">LIBOR</FONT> </div></TD>
	<TD width=5% align=right><div align="left"><FONT size=2 face="serif">&#151;</FONT>&nbsp;
    </div></TD>
	<TD width=48% align=left>
<FONT size=2 face="serif">London Interbank Offered Rate</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=6% align=right>
      <div align="left"><FONT size=2 face="serif">CND</FONT>&nbsp;
      </div></TD>
	<TD width=4% align=right>
      <div align="left"><FONT size=2 face="serif">&#151;</FONT>&nbsp;
      </div></TD>
	<TD width=30% align=left>
<FONT size=2 face="serif">Canadian Dollar</FONT>
	</TD>
	<TD width=7% align=right> <div align="left"><FONT size=2 face="serif">MXN</FONT></div></TD>
	<TD width=5% align=right><div align="left"><FONT size=2 face="serif">&#151;</FONT>&nbsp;
    </div></TD>
	<TD width=48% align=left>
<FONT size=2 face="serif">Mexican Peso</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=6% align=right>
      <div align="left"><FONT size=2 face="serif">EUR</FONT>&nbsp;
      </div></TD>
	<TD width=4% align=right>
      <div align="left"><FONT size=2 face="serif">&#151;</FONT>&nbsp;
      </div></TD>
	<TD width=30% align=left>
<FONT size=2 face="serif">Euro</FONT>&nbsp;
	</TD>
	<TD width=7% align=right> <div align="left"><FONT size=2 face="serif">PRIME</FONT></div></TD>
	<TD width=5% align=right><div align="left"><FONT size=2 face="serif">&#151;</FONT>&nbsp;
    </div></TD>
	<TD width=48% align=left>
<FONT size=2 face="serif">Prime Rate</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=6% align=right>
      <div align="left"><FONT size=2 face="serif">GBP</FONT>&nbsp;
      </div></TD>
	<TD width=4% align=right>
      <div align="left"><FONT size=2 face="serif">&#151;</FONT>&nbsp;
      </div></TD>
	<TD width=30% align=left>
<FONT size=2 face="serif">British Pound</FONT>&nbsp;
	</TD>
	<TD width=7% align=right> <div align="left"><FONT size=2 face="serif">TBD</FONT></div></TD>
	<TD width=5% align=right><div align="left"><FONT size=2 face="serif">&#151;</FONT>&nbsp;
    </div></TD>
	<TD width=48% align=left>
<FONT size=2 face="serif">To Be Determined</FONT>&nbsp;
	</TD>
</TR>
</TABLE>
<TABLE width=100% border=0 cellpadding=0 cellspacing=0>
  <TR bgcolor="#FFFFFF">
    <TD width="8%">
      <HR align="center" size=2 noshade>
    </TD>
    <TD width="8%">
      <HR align="center" size=2 noshade>
    </TD>
    <TD width="5%"><HR align="center" size=2 noshade></TD>
    <TD width="64%"><HR align="center" size=2 noshade></TD>
    <TD width="2%"><HR align="center" size=2 noshade></TD>
    <TD width="10%">
      <HR align="center" size=2 noshade>
    </TD>
    <TD width="3%">
      <HR align="center" size=2 noshade>
    </TD>
  </TR>
</TABLE>
<p align='center'><font face="serif">12</font>
<hr noshade  width="100%" size=4>
<p align='center'>
<P align="left" style="page-break-before:always"></P><PAGE>
<P>
<B><FONT face="serif">Item 2. Controls and Procedures.</FONT></B><FONT face="serif"> </FONT></P>
<P>
<FONT face="serif">(a) The Registrant&#146;s principal executive and principal financial officers have evaluated the Registrant&#146;s disclosure controls and procedures within 90 days of this filing and have concluded, as of that date, that the
Registrant&#146;s disclosure controls and procedures were reasonably designed to ensure that information required to be disclosed by the Registrant in this Form N-Q was recorded, processed, summarized, and reported within the required time periods
and that information to be disclosed by the Registrant in this Form N-Q was accumulated and communicated to the Registrant&#146;s management, including its principal executive and principal financial officers, as appropriate, to allow timely
decisions regarding required disclosure. </FONT></P>
<P>
<FONT face="serif">(b) There were no changes in the Registrant&#146;s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a -3(d)) that occurred during the Registrant&#146;s last fiscal quarter
that have materially affected, or are reasonably likely to materially affect, the Registrant&#146;s internal control over financial reporting. </FONT></P>
<P>
<B><FONT face="serif">Item 3. Exhibits.</FONT></B><FONT face="serif"> </FONT></P>
<P>
<FONT face="serif">Separate certifications of the Registrant&#146;s Principal Executive and Financial Officers pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are attached as EX-99.CERT. </FONT></P>
<P>&nbsp;</P>

<HR noshade  width="100%" size=4>
<P align="left" style="page-break-before:always"></P><PAGE>

<P align="center">
<B><FONT face="serif">SIGNATURES</FONT></B><FONT face="serif"> </FONT></P>
<P>
<FONT face="serif"> Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
</FONT></P>
<P>
<FONT face="serif">(Registrant)___</FONT><U><FONT face="serif">BlackRock Global Floating Rate Income Trust</FONT></U><FONT face="serif">___ </FONT></P>
<P>
<FONT face="serif">By: /s/ Donald C. Burke <BR>
_____________________________________________________________________<BR>
 Name: Donald C. Burke<br>
Title: Treasurer and Principal Financial Officer <br>
Date: November 29, 2006 </FONT></P>
<P>
<FONT face="serif"> Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the
dates indicated. </FONT></P>
<P>
<FONT face="serif">By: /s/ Robert S. Kapito<BR>_____________________________________________________________________<BR> Name: Robert S. Kapito <br>
Title: President and Principal Executive Officer <br>
Date: November 29, 2006 </FONT></P>
<P>
<FONT face="serif">By: /s/ Donald C. Burke<BR>_____________________________________________________________________<BR>
 Name: Donald C. Burke<br>
Title: Treasurer and Principal Financial Officer <br>
Date: November 29, 2006 </FONT></P>
<P>&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
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<P align="right">
<B><FONT face="serif">EX-99.CERT </FONT></B></P>
<P align="center">
<B><FONT face="serif">CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER </FONT></B></P>
<P align="center">
<B><U><FONT face="serif">CERTIFICATIONS</FONT></U></B><B><FONT face="serif"> </FONT></B></P>
<P>
<FONT face="serif">I, Robert S. Kapito, certify that: </FONT></P>
<P>
<FONT face="serif">1. I have reviewed this report on Form N-Q of BlackRock Global Floating Rate Income Trust; </FONT></P>
<P>
<FONT face="serif">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this report; </FONT></P>
<P>
<FONT face="serif">3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the Registrant as of the end of the fiscal quarter for which the report is filed; </FONT></P>
<P>
<FONT face="serif">4. The Registrant&#146;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal
control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have: </FONT></P>
<P>
<FONT face="serif">(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its
consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </FONT></P>
<P>
<FONT face="serif">(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></P>
<P>
<FONT face="serif">(c) Evaluated the effectiveness of the Registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report, based on such evaluation; and</FONT><FONT size=2 face="sans-serif"> </FONT></P>
<P>
<FONT face="serif">(d) Disclosed in this report any change in the Registrant&#146;s internal control over financial reporting that occurred during the Registrant&#146;s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant&#146;s internal control over financial reporting; and</FONT></P>

<P><FONT face="serif">5. The Registrant&#146;s other certifying officer(s) and I have disclosed to the Registrant&#146;s auditors and the audit committee of the Registrant&#146;s board of directors (or persons performing the equivalent functions): </FONT></P>
<P>
<FONT face="serif">(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant&#146;s ability to record, process,
summarize, and report financial information; and </FONT></P>
<P>
<FONT face="serif">(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant&#146;s internal control over financial reporting. </FONT></P>
<P>
<FONT face="serif">Date: November 29, 2006 </FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width=100%>
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  <TD align=center>&nbsp;</TD>
  <TD align=center> <FONT face="serif">/s/ Robert S. Kapito</FONT> </TD>
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  <TD align=center>&nbsp;</TD>
  <TD align=center><hr noshade size=1></TD>
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  <TD align=center width=58%>&nbsp;</TD>
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<FONT face="serif">Robert S. Kapito</FONT>
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  <TD width=58% align=center>&nbsp;</TD>
	<TD width=42% align=center>
<FONT face="serif">President and Principal Executive Officer</FONT>&nbsp;
	</TD>
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<P align="left" style="page-break-before:always"></P><PAGE>


<P align="right">
<B><FONT face="serif">EX-99.CERT </FONT></B></P>
<P align="center">
<B><FONT face="serif">CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER </FONT></B></P>
<P align="center">
<B><U><FONT face="serif">CERTIFICATIONS</FONT></U></B><B><FONT face="serif"> </FONT></B></P>
<P>
<FONT face="serif">I, Donald C. Burke, certify that: </FONT></P>
<P>
<FONT face="serif">1. I have reviewed this report on Form N-Q of BlackRock Global Floating Rate Income Trust; </FONT></P>
<P>
<FONT face="serif">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this report; </FONT></P>
<P>
<FONT face="serif">3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the Registrant as of the end of the fiscal quarter for which the report is filed; </FONT></P>
<P>
<FONT face="serif">4. The Registrant&#146;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal
control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have: </FONT></P>
<P>
<FONT face="serif">(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its
consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </FONT></P>
<P>
<FONT face="serif">(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></P>
<P>
<FONT face="serif">(c) Evaluated the effectiveness of the Registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report, based on such evaluation; and</FONT><FONT size=2 face="sans-serif"> </FONT></P>
<P>
<FONT face="serif">(d) Disclosed in this report any change in the Registrant&#146;s internal control over financial reporting that occurred during the Registrant&#146;s most recent fiscal quarter that has </FONT><FONT face="serif">materially affected, or is reasonably likely to materially affect, the Registrant&#146;s internal control over financial reporting; and </FONT></P>
<P>
<FONT face="serif">5. The Registrant&#146;s other certifying officer(s) and I have disclosed to the Registrant&#146;s auditors and the audit committee of the Registrant&#146;s board of directors (or persons performing the equivalent functions):
</FONT></P>
<P>
<FONT face="serif">(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant&#146;s ability to record, process,
summarize, and report financial information; and </FONT></P>
<P>
<FONT face="serif">(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant&#146;s internal control over financial reporting. </FONT></P>
<P>
<FONT face="serif">Date: November 29, 2006 </FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0 width=100%>
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  <TD align=center>&nbsp;</TD>
  <TD align=center> <FONT face="serif">/s/ Donald C. Burke</FONT> </TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD align=center><hr noshade size=1></TD>
</TR>
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  <TD align=center width=58%>&nbsp;</TD>
	<TD align=center width=42%>
      <FONT face="serif">Donald C. Burke</FONT>	</TD>
</TR>
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  <TD width=58% align=center>&nbsp;</TD>
	<TD width=42% align=center>
<FONT face="serif">Treasurer and Principal Financial Officer</FONT>&nbsp;
	</TD>
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</TABLE>
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