-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 SzZfh2CXMse9B0Sqx08YrRp8FNwJZIsNDEokKqxJ+dpU69/IjTCXChNfbzYZiCDC
 ZpwqikZk67gA9Ejb4Izh2g==

<SEC-DOCUMENT>0000930413-07-004711.txt : 20070525
<SEC-HEADER>0000930413-07-004711.hdr.sgml : 20070525
<ACCEPTANCE-DATETIME>20070525092120
ACCESSION NUMBER:		0000930413-07-004711
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070331
FILED AS OF DATE:		20070525
DATE AS OF CHANGE:		20070525
EFFECTIVENESS DATE:		20070525

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:		07878761

	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>c48116_nq.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE></TITLE>
</HEAD>

<BODY bgcolor="#ffffff">




<P align="center">
<FONT face="serif">UNITED STATES <br>
</FONT><FONT face="serif">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 align="left">
<FONT face="serif">Investment Company Act file number:</FONT><U><FONT face="serif">&nbsp;&nbsp;&nbsp;811-21566&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT face="serif"></FONT></P>
<TABLE width="80%" border=0 align="center" cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center style="border-bottom:1px solid #000000;"><FONT face="serif">BlackRock Global Floating Rate Income Trust</FONT>&nbsp;
        </TD>
</TR>
<TR valign="bottom">
        <TD align=center> <FONT face="serif">(Exact name of registrant as specified in charter)</FONT>&nbsp;
        </TD>
</TR>
</TABLE>
<br>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR align="center" valign="bottom">
        <TD width=67% style="border-bottom:1px solid #000000;"> <FONT face="serif">100 Bellevue Parkway, Wilmington, DE</FONT>&nbsp;
        </TD>
        <TD width=33% style="border-bottom:1px solid #000000;">
 &nbsp;<FONT face="serif">19809</FONT>&nbsp;
        </TD>
</TR>
<TR align="center" valign="bottom">
        <TD>
<FONT face="serif">(Address of principal executive offices)</FONT>&nbsp;
        </TD>
        <TD>
<FONT face="serif">(Zip code)</FONT>&nbsp;
        </TD>
</TR>
</TABLE>
<br>
<BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=center>
<FONT face="serif">Robert S. Kapito, President</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT face="sans-serif"><b>BlackRock Global Floating Rate Income Trust</b></FONT>&nbsp;
        </TD>
</TR>
<TR valign="bottom">
        <TD align=center style="border-bottom:1px solid #000000;">
<FONT face="serif">40 East 52nd Street, New York, NY 10022</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=center>
<FONT face="serif">(Name and address of agent for service)</FONT>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT face="serif">Registrant&#146;s telephone number, including area code:</FONT><U><FONT face="serif">&nbsp; 888-825-2257&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</FONT></U><FONT face="serif"></FONT></P>
<P align="left">
<FONT face="serif">Date of fiscal year end:</FONT><U><FONT face="serif">&nbsp; &nbsp; &nbsp; &nbsp;December 31, 2007</FONT></U><FONT face="serif"> <br>
Date of reporting period:</FONT><U><FONT face="serif">&nbsp; &nbsp;&nbsp;March 31, 2007</FONT></U></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<P align="left">
<B><FONT face="serif">Item 1. Schedule of Investments.</FONT></B><FONT face="serif"> <br>
</FONT><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>

<P align="left">
<B><FONT face="serif">PORTFOLIO OF INVESTMENTS (unaudited) </FONT></B><BR>
<B><FONT face="serif">MARCH 31, 2007 </FONT></B></P>
<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets) </FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=10% align=right nowrap>
      <div align="center"><B><FONT size=2 face="serif">Principal</FONT></B>
            </div></TD>
        <TD width=6%>&nbsp;
        </TD>
        <TD width=64% align=left nowrap>&nbsp;

        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=1% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
      <div align="center"><B><FONT size=2 face="serif">Amount</FONT></B>
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
    </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">LONG-TERM INVESTMENTS&#151;158.0%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Corporate Bonds&#151;22.4%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Aerospace &amp; Defense&#151;0.2%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Bombardier, Inc., 8.00%, 11/15/14 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 77,625</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">671</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">DI Finance/DynCorp Intl., Ser. B, 9.50%, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">714,615</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Aerospace &amp; Defense</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">792,240</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Automotive&#151;0.1%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">AutoNation, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">60</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">7.00%, 4/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">60,600</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">70</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">7.36%, 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">70,700</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">150</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 7.86%, 5/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">153,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">60</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Goodyear Tire &amp; Rubber Co., 9.14%, 12/01/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">60,300</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">150</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Lear Corp., Ser. B, 8.75%, 12/01/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">143,250</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">120</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Metaldyne Corp., 10.00%, 11/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">122,700</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Automotive</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">610,550</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Basic Materials&#151;3.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Abitibi-Consolidated, Inc., 8.855%, 6/15/11 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">962,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">970</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">AK Steel Corp., 7.75%, 6/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">985,763</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">125</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">American Pacific Corp., 9.00%, 2/01/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">125,781</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">260</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Boise Cascade LLC, 8.235%, 10/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">260,975</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,040</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Bowater, Inc., 8.355%, 3/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,045,100</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Chemtura Corp., 6.875%, 6/01/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">9,675</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">90</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">CPG Intl. I, Inc., 10.50%, 7/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">94,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">20</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Domtar, Inc., 7.125%, 8/15/15 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">19,900</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">70</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Donohue Forest Products, 7.625%, 5/15/07 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">70,175</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Freeport-McMoRan Copper &amp; Gold, Inc., 8.564%, 4/01/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">262,500</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Hercules, Inc., 6.75%, 10/15/29</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">750,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Ineos Group Holdings Plc (United Kingdom)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">225</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">7.875%, 2/07/16 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">281,029</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">430</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">8.50%, 2/15/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">411,725</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">625</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Key Plastics LLC/Key Plastics Finance Corp., 11.75%, 3/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">631,250</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,000</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">3</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Lecta S.A., Zero Coupon, 2/15/14 (EUR) (Luxembourg)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,396,834</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Lyondell Chemical Co.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">100</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">8.00%, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">104,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">170</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">8.25%, 9/15/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">181,900</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">300</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">11.125%, 7/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">321,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">565</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nalco Co., 8.875%, 11/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">600,313</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">NewPage Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">55</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">10.00%, 5/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">60,156</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">11.61%, 5/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,640,625</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">50</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">PQ Corp., Zero Coupon, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">50,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Basic Materials</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">15,266,951</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Building &amp; Development&#151;0.2%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Ainsworth Lumber Co. Ltd., 9.10%, 10/01/10 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">795,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">20</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Goodman Global Holding Co., Inc., 7.875%, 12/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">20,100</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Building &amp; Development</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">815,100</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Commercial Services&#151;0.0%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">40</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">NCO Group, Inc., 10.23%, 11/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">40,100</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">100</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Quebecor World, Inc., 9.75%, 1/15/15 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">105,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Commercial Services</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">145,100</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Consumer Products&#151;1.1%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,100</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Ames True Temper, Inc., 9.36%, 1/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,124,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">50</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Finlay Fine Jewelry Corp., 8.375%, 6/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">46,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">General Nutrition Centers, Inc., 9.796%, 3/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">490,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">388</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Lazy Days RV Center, Inc., 11.75%, 5/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">397,700</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">180</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Levi Strauss &amp; Co., 10.099%, 4/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">183,600</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">210</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Michaels Stores, Inc., 10.00%, 11/01/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">225,487</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">530</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nutro Products, Inc., 9.40%, 10/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">545,900</FONT>
        </TD>
</TR>
</TABLE>

<P align="center">
<FONT size=2 face="serif">1 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=10% align=right nowrap>
      <div align="center"><B><FONT size=2 face="serif">Principal</FONT></B>
            </div></TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=66% align=left nowrap>&nbsp;

        </TD>
        <TD width=8%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=9% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
      <div align="center"><B><FONT size=2 face="serif">Amount</FONT></B>
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
    </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Consumer Products&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Quebecor World Capital Corp., 8.75%, 3/15/16 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 81,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Reynolds American, Inc., 7.625%, 6/01/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">2,127,662</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Consumer Products</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">5,222,099</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Containers &amp; Packaging&#151;0.2%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Berry Plastics Holding Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">110</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">8.875%, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">112,475</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">9.23%, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">512,500</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">150</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Impress Holdings BV, 8.485%, 9/15/13 (Netherlands)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">150,330</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Containers &amp; Packaging</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">775,305</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Energy&#151;7.8%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">AES Corp., 9.00%, 5/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">801,562</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">135</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Chaparral Energy, Inc., 8.50%, 12/01/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">133,313</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Compagnie Generale de Geophysique-Veritas (France)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">70</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">7.50%, 5/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">72,100</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">50</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">7.75%, 5/15/17</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">52,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">375</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">El Paso Production Holding Co., 7.75%, 6/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">391,875</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">505</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Foundation Pennsylvania Coal Co., 7.25%, 8/01/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">511,313</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">14,430</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Gazprom OAO, 9.625%, 3/01/13 (Germany)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">17,064,918</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">40</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Grant Prideco, Inc., Ser. B, 6.125%, 8/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">39,700</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">KCS Energy, Inc., 7.125%, 4/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">742,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Pemex Project Funding Master Trust,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">800</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">9.375%, 12/02/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">848,800</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">12,700</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Ser. 15, 7.16%, 10/15/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">13,150,850</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Reliant Energy, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">180</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">6.75%, 12/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">190,125</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">9.25%, 7/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">790,312</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">220</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">SemGroup LP, 8.75%, 11/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">223,300</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">300</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Whiting Petroleum Corp., 7.25%, 5/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">294,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Energy</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">35,307,668</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Entertainment &amp; Leisure&#151;0.1%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">130</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Greektown Holdings LLC, 10.75%, 12/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">139,100</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">25</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Poster Financial Group, Inc., 8.75%, 12/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">26,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">120</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">TDS Investor, 9.875%, 9/01/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">125,700</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">20</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 6.625%, 12/01/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">19,800</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Entertainment &amp; Leisure</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">310,600</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Financial Institutions&#151;3.6%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">90</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">AES Ironwood LLC, 8.857%, 11/30/25</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">101,722</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Alrosa Finance Ltd., 8.125%, 5/06/08 (Luxembourg)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,042,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">140</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">American Real Estate Partners LP/American Real Estate Finance Corp., 7.125%, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">138,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">630</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Crum &amp; Forster Holdings Corp., 10.375%, 6/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">680,400</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">5,455</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Kazkommerts Intl. BV, 8.50%, 4/16/13 (Netherlands)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,754,370</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,000</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Kazkommertsbank Intl. BV, 8.50%, 4/16/13 (Netherlands)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,172,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">25</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2,4</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Marsh &amp; McLennan Cos., Inc., 5.50%, 7/13/07</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">25,005</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Momentive Performance Materials, Inc., 10.125%, 12/01/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">258,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Rainbow National Services LLC, 8.75%, 9/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">797,813</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,000</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">TuranAlem Finance BV, 6.735%, 1/22/09 (Netherlands)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,110,961</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">300</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Universal City Florida Holding Co. I/II, 10.11%, 5/01/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">309,375</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Financial Institutions</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">16,390,521</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Health Care&#151;1.0%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,750</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Angiotech Pharmaceuticals, Inc., 9.11%, 12/01/13 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,787,187</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,915</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">HealthSouth Corp., 11.354%, 6/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,068,200</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">125</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Tenet Healthcare Corp., 6.875%, 11/15/31</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">98,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">600</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Universal Hospital Services, Inc., 10.125%, 11/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">637,500</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Health Care</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">4,591,637</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Industrials&#151;0.2%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">125</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Park-Ohio Industries, Inc., 8.375%, 11/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">122,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">210</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Sunstate Equipment Co. LLC, 10.50%, 4/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">222,600</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">2 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=10% align=right nowrap>
      <div align="center"><B><FONT size=2 face="serif">Principal</FONT></B>
            </div></TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=65% align=left nowrap>&nbsp;

        </TD>
        <TD width=8%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
      <div align="center"><B><FONT size=2 face="serif">Amount</FONT></B>
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
    </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Industrials&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 445</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Trimas Corp., 9.875%, 6/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;"><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif"> 444,444</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Industrials</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">789,544</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Media&#151;0.9%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">50</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Affinion Group, Inc., 10.125%, 10/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">54,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">100</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cablevision Systems Corp., Ser. B, 9.82%, 4/01/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">106,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Charter Communications Holdings II LLC/Charter Communications Holdings II Capital Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">680</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">10.25%, 9/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">717,400</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">45</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Ser. B, 10.25%, 9/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">47,419</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Echostar DBS Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">135</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">6.375%, 10/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">135,843</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,055</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">7.00%, 10/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,086,650</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">230</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">7.125%, 2/01/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">237,475</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Idearc, Inc., 8.00%, 11/15/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">256,875</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">100</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Iesy Repository GMBH, 10.375%, 2/15/15 (Germany)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">106,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">80</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">MediaNews Group, Inc., 6.875%, 10/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">72,800</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">80</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Network Communications, Inc., 10.75%, 12/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">81,700</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">70</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nexstar Finance, Inc., 7.00%, 1/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">67,200</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">410</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nielsen Finance LLC/Nielsen Finance Co., 10.00%, 8/01/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">446,900</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">350</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Paxson Communications Corp., 8.61%, 1/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">357,875</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">RH Donnelley Corp., Ser. A-3, 8.875%, 1/15/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">265,625</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Media</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">4,040,262</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Real Estate&#151;1.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">6,350</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Rouse Co., 5.375%, 11/26/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">5,975,426</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Technology&#151;0.1%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">35</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Conexant Systems, Inc., 9.11%, 11/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">35,919</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Freescale Semiconductor, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">320</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">9.125%, 12/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">317,600</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">100</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">9.23%, 12/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">99,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">45</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Sensata Technologies, 8.00%, 5/01/14 (Netherlands)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">44,719</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">20</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">SunGard Data Systems, Inc., 10.25%, 8/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">21,825</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">140</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Superior Essex Communications LLC/Essex Group, Inc., 9.00%, 4/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">144,550</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Technology</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">664,363</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Telecommunications&#151;2.2%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,250</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Centennial Communications Corp., 11.099%, 1/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,315,625</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">310</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cincinnati Bell, Inc., 7.25%, 7/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">321,625</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">115</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Hawaiian Telcom Communications, Inc., Ser. B, 10.889%, 5/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">116,725</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Intelsat Ltd. (Bermuda)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">50</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Zero Coupon, 1/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">52,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">75</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">5.25%, 11/01/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">73,781</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">100</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">8.872%, 1/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">102,452</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">200</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Intelsat Subsidiary Holding Co. Ltd., 8.625%, 1/15/15 (Bermuda)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">214,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nordic Telephone Co. Holding ApS, 9.281%, 5/03/16 (EUR) (Denmark)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,048,860</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,350</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Qwest Communications Intl., Inc., 8.86%, 2/15/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,373,500</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,500</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Qwest Corp., 8.605%, 6/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,725,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">400</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Rogers Wireless Communications, Inc., 8.48%, 12/15/10 (Canada)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">408,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">150</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wind Acquisition Finance S.A., 10.75%, 12/01/15 (Luxembourg)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">171,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Telecommunications</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">9,923,443</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Transportation&#151;0.1%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">100</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Britannia Bulk Plc, 11.00%, 12/01/11 (United Kingdom)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">97,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">315</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Horizon Lines LLC, 9.00%, 11/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">330,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Transportation</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">427,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Corporate Bonds</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">102,048,559</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Bank Loans&#151;115.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Aerospace &amp; Defense&#151;1.6%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,162</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Caci Intl., Inc., LIBOR + 1.50%, 5/03/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,160,508</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">842</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Camp Acquisition Co., Loan A, LIBOR + 3.00%, 8/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">842,370</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">983</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">DI Finance/DynCorp Intl., Loan B, LIBOR + 2.25%, 1/31/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">988,641</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">MRO Acquisition LLC, LIBOR + 2.50%, 9/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">501,875</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Primus Intl., Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">30</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">0.50%, 6/16/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">29,836</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">470</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.50%, 6/16/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">472,664</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">3 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="10%" align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width="5%">&nbsp;
        </TD>
        <TD width="64%" align=left nowrap>&nbsp;

        </TD>
        <TD width="9%">&nbsp;
        </TD>
        <TD width="2%" align=left nowrap>&nbsp;</TD>
        <TD width="10%" align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Aerospace &amp; Defense&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 702</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Standard Aero Holdings, Inc., LIBOR + 2.25%, 8/18/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 704,913</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">493</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">US Investigations Services LLC, Loan B, LIBOR + 2.50%, 10/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">494,962</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wesco Aircraft Hardware Corp., LIBOR + 2.25%, 9/29/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">1,006,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Aerospace &amp; Defense</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">7,202,019</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Automotive&#151;5.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Goodyear Tire &amp; Rubber Co.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.75%, 4/01/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">503,541</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 3.50%, 4/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,005,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">993</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">GPX Intl. Tire Corp., LIBOR + 2.50%, 3/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">962,725</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">743</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">IAP Worldwide Services, Inc., LIBOR + 4.25%, 12/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">744,356</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Keystone Automotive Industries, Inc., Loan B, LIBOR, 1/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,763,125</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">449</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Lear Corp., LIBOR + 2.50%, 3/23/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">449,051</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">993</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Mark IV Industries, Inc., LIBOR + 2.50%, 6/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">999,530</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Metaldyne Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">104</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 4.50%, 1/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">104,625</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">706</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 1/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">711,450</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">5,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Navistar Intl. Corp., LIBOR + 3.25%, 1/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,066,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,496</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Rent-A-Center, Inc., Loan B, LIBOR + 1.75%, 6/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,498,735</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Reynolds &amp; Reynolds Co.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,993</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 10/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,004,258</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 5.50%, 10/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,277,735</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,986</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">TI Group Automotive Systems, Loan C, LIBOR + 3.25%, 6/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,964,004</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">TRW Automotive Acquisitions Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">488</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 1.50%, 6/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">487,087</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,450</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan E, LIBOR + 1.50%, 10/31/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">2,456,125</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Automotive</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">23,997,597</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Basic Materials&#151;8.8%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,346</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Appleton Papers, Inc., LIBOR + 2.25%, 6/30/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,352,263</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Basell N.V.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">417</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B2, LIBOR + 2.25%, 9/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">420,964</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">83</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B4, LIBOR + 2.25%, 8/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">84,193</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">417</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C2, LIBOR + 3.00%, 9/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">420,964</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">83</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C4, LIBOR + 3.00%, 8/01/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">84,193</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Brenntag Group,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">393</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 1/18/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">394,200</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 6.50%, 12/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,010,625</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,607</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B2, LIBOR + 2.50%, 12/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,626,359</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B6, LIBOR + 2.25%, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">675,976</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">414</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Buckeye Technologies, Inc., LIBOR + 2.00%, 4/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">414,463</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cognis Deutschland, Loan B, LIBOR + 4.75%, 11/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,032,322</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">848</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Compass Minerals Group, Inc., LIBOR + 1.50%, 12/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">847,433</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">5,316</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Huntsman Intl. LLC, Loan B, LIBOR + 1.75%, 8/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,326,832</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Ineos Group Holdings Plc,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,025</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan A4, LIBOR + 2.25%, 12/16/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,036,137</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,733</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B2, LIBOR + 2.25%, 12/16/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,750,547</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,733</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C2, LIBOR + 2.75%, 12/16/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,750,547</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,709</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Innophos, Inc., LIBOR + 2.25%, 8/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,718,120</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Invista B.V.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,351</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B-1, LIBOR + 1.50%, 4/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,354,220</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,246</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B-2, LIBOR + 1.50%, 4/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,251,026</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,232</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">John Maneely Co., Loan B, LIBOR + 3.25%, 12/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,237,607</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">218</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Kraton Polymers LLC, LIBOR + 2.00%, 12/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">218,928</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,271</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nalco Co., Loan B, LIBOR + 1.75%, 11/04/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,282,771</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">491</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">PQ Corp., LIBOR + 2.00%, 2/28/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">492,683</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">494</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Pregis Corp., Loan B-2, LIBOR + 2.50%, 10/15/12 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">661,225</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">498</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Professional Paint, Inc., LIBOR + 2.25%, 5/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">497,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,804</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Rockwood Specialties Group, Inc., Loan E, LIBOR + 2.00%, 8/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,824,130</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Solutia, LIBOR, 3/31/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">504,375</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">4 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=63% align=left nowrap>&nbsp;

        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Basic Materials&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">UPC Technology Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 883</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan J, LIBOR, 12/31/13 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 1,186,274</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan K, LIBOR, 3/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">1,342,847</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Basic Materials</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">39,799,724</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Building &amp; Development&#151;4.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">499</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Armstrong World Industries, Inc., LIBOR + 1.75%, 10/12/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">499,997</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,247</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Beacon Roofing Supply, Inc., Loan B, LIBOR + 2.00%, 10/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,249,992</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Building Materials America, LIBOR, 3/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,495,313</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Brand Energy &amp; Infrastructure Services,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 2/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">500,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 2/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">503,125</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.25%, 2/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">502,344</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">495</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Contech Construction Products, Inc., LIBOR + 2.00%, 2/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">497,135</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Custom Building Products, Inc., LIBOR + 5.00%, 4/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,492,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Edge-Star Partners, LIBOR + 4.00%, 11/18/07</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,250,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,214</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Euramax Intl., Inc., LIBOR + 7.00% , 7/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,217,321</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Hanley Wood, LIBOR + 2.25%, 3/07/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,996,666</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">498</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nacco Industries, Inc., LIBOR + 2.00%, 3/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">499,988</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">975</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nortek, Inc., Loan B, LIBOR + 3.00%, 8/24/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">978,900</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,737</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Ply Gem Industries, Inc., LIBOR + 3.00% , 8/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,736,875</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">875</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Rhodes Ranch, LIBOR + 3.25%, 11/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">873,906</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,475</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">United Subcontractors, Inc., LIBOR + 2.75%, 12/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">2,461,593</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Building &amp; Development</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">19,755,655</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Conglomerates&#151;3.6%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Atlantis Plastics, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">5</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.75%, 9/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,950</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">495</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 9.00%, 9/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">455,400</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">737</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Blount Intl., Loan B, LIBOR + 1.75%, 8/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">736,885</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,950</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Colfax Corp., LIBOR + 2.25%, 11/30/11 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">6,645,520</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Invensys Plc,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan A, LIBOR + 2.00%, 12/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,006,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,783</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.13%, 12/15/10 (GBP)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,512,564</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Jarden Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 1.75%, 1/24/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">250,833</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">651</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B3, LIBOR + 1.75%, 1/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">652,494</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">754</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Mueller Group, Inc., Loan B, LIBOR + 2.00%, 9/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">759,376</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,433</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Polypore, Inc., LIBOR + 3.00%, 11/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">2,441,838</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Conglomerates</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">16,466,110</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Consumer Products&#151;11.9%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">993</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">24 Hour Fitness Worldwide, Inc., Loan B, LIBOR + 2.50%, 6/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">996,222</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Aearo Technologies, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">993</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 3/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,001,598</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 6.50%, 9/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,016,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">American Safety Razor Co., LIBOR + 6.25%, 2/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">759,375</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Aramark Corp., LIBOR, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,008,181</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">450</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Arby's Restaurant Group, Inc., Loan B, LIBOR + 2.25%, 7/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">453,403</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Berkline Bench Craft,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">98</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">5</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, PRIME + 4.75%, 10/31/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">64,823</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,010</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">5</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">PRIME + 7.00%, 4/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">201,010</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,050</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Brickman Group Ltd., LIBOR + 2.00%, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,051,969</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Bumble Bee Foods LLC, Loan B, LIBOR + 1.75%, 4/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">750,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">524</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Burlington Coat Factory Warehouse Corp., Loan B, LIBOR + 2.25%, 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">519,560</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">492</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Centerplate, Inc., LIBOR + 3.25%, 10/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">493,712</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">491</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Chiquita Brands Intl., Inc., Loan C, LIBOR + 3.00%, 7/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">495,917</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">995</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Coinmach Corp., Loan B-1, LIBOR + 2.50%, 12/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,003,124</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,613</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Commonwealth Brands, Inc., PRIME + 1.25%, 12/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,619,522</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,221</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cracker Barrel, Loan B, LIBOR + 1.50%, 5/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,222,796</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">David's Bridal, Inc., LIBOR + 2.00%, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">995,417</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Deutsch Connectors, LIBOR + 4.50%, 2/11/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">511,250</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">5 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=63% align=left nowrap>&nbsp;

        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
 <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Consumer Products&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Dole Food Co., Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 1.88%, 4/12/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 467,586</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,046</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 4/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,044,179</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,486</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 2.00%, 3/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,480,595</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Eastman Kodak Co.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">271</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B1, LIBOR + 2.25%, 10/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">271,111</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">222</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B2, LIBOR + 2.25%, 10/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">222,115</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Fender Musical Instruments Corp., LIBOR + 6.00%, 9/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">505,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Foamex Intl., Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">501,250</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 4.75%, 2/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">253,125</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">FoodVest Ltd., (GBP)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">438</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.50%, 4/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">864,701</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">438</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 3.00%, 4/30/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">866,853</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Fresh Start Bakeries, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 3/31/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">505,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 5.75%, 9/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">505,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">474</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">FTD, Inc., LIBOR, 8/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">475,945</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">350</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Gold Toe, LIBOR + 6.00%, 4/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">355,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">262</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Landry's Restaurants, Inc., Loan B, LIBOR + 1.75%, 12/31/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">262,159</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">689</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Language Line, Inc., Loan B1, LIBOR + 3.25%, 6/14/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">694,245</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">501</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Latimer/Weetabix, LIBOR + 8.00%, 7/26/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,015,940</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">5</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Le-Natures, Inc., Loan B, LIBOR + 4.00%, 9/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">603,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,200</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Maidenform, Inc., LIBOR + 1.75%, 5/14/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,203,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">891</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Mapco Express, Inc., LIBOR + 2.75%, 5/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">893,662</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,506</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Neiman-Marcus Group, Inc., LIBOR + 2.00%, 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,518,333</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,394</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">New Page, Loan B, LIBOR + 2.25%, 4/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,404,572</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Orchard Supply Hardware Stores Corp., Loan B2, LIBOR + 2.45%, 12/09/07</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,515,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">539</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Oreck Corp., Loan B, PRIME + 1.75%, 1/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">536,768</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Oriental Trading Co.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">995</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 6/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">998,109</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 4.75%, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">508,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">OSI Group LLC,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,706</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 9/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,709,948</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,706</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.00%, 9/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,709,977</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">400</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">PETCO Animal Supplies, Inc., LIBOR + 2.75%, 10/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">402,643</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,047</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Pierre Foods, Inc., Loan B, LIBOR + 2.25%, 7/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,050,483</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Pivotal Promontory LLC, LIBOR + 6.50%, 9/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">718,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,906</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Prestige Brands Holdings, Inc., Loan B, LIBOR + 2.25%, 4/07/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,911,122</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,485</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Roundy's Supermarkets, Inc., LIBOR + 2.75%, 11/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,493,910</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">673</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Spectrum Brands, Inc., LIBOR + 3.00%, 1/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">678,030</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Sturm Foods, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,375</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,375,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 7.00%, 6/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">750,465</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">837</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">5</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Synventive Acquisition, Inc., LIBOR + 14.00%, 2/17/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">313,842</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">831</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Tupperware Corp., LIBOR + 1.50%, 11/07/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">830,595</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">375</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Warnaco, Inc., Loan B, LIBOR + 1.50%, 1/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">375,229</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wastequip, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">311</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">313,512</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">689</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.25%, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">693,988</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Waterpik Technologies, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">451</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">450,875</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 6.50%, 10/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">746,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Consumer Products</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">54,158,746</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Containers &amp; Packaging&#151;4.7%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Bluegrass Container Co. LLC,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">344</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 6/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">347,349</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,497</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 5.00%, 12/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,524,552</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,151</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.25%, 6/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,163,306</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">200</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Covalence Specialty Materials Corp., LIBOR + 3.25%, 8/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">201,250</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Georgia-Pacific Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">975</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 1.75%, 2/28/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">979,552</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 1.75%, 2/28/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,502,046</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">6 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=63% align=left nowrap>&nbsp;

        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Containers &amp; Packaging&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Graham Packaging Co., LP</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5,658</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 10/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 5,676,353</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,400</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.25%, 10/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,412,099</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,258</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Graphic Packaging Intl., Inc., Loan C, LIBOR + 2.50%, 8/08/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,287,959</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Smurfit-Stone Container Enterprises, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">495</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.00%, 11/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">498,591</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B1, LIBOR + 2.50%, 2/15/15 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,013,941</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C1, LIBOR + 3.00%, 2/15/14 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,010,654</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,917</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Solo Cup, Inc., LIBOR + 3.50%, 2/27/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">2,954,673</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Containers &amp; Packaging</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">21,572,325</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Ecological Services &amp; Equipment&#151;0.6%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Envirosolutions, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">927</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 3.50%, 2/28/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">934,770</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,073</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 3.50%, 7/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,081,480</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Global Geophysical, LIBOR, 2/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">504,063</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Ecological Services &amp; Equipment</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">2,520,313</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Energy&#151;7.5%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">AES Corp., LIBOR + 1.75%, 4/30/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,508,437</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">532</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Astoria Generating Co. Acquisitions LLC, Loan B, LIBOR + 2.00%, 2/23/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">533,824</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Boart Longyear Co., LIBOR + 7.00%, 10/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">508,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Coffeyville Resources LLC,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">324</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 12/21/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">327,703</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,676</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan D, LIBOR + 3.00%, 12/21/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,693,131</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Coleto Creek Power,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">127</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.75%, 7/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">127,813</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,863</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.75%, 7/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,869,459</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Exco Resources, Inc., LIBOR + 5.50%, 10/31/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,008,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Flint, (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">833</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B7, LIBOR + 2.50%, 12/20/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,122,080</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">833</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C7, LIBOR + 3.00%, 12/20/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,122,080</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Generac Power Systems, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">990</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 11/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">994,207</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 6.00%, 5/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">753,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,485</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Key Energy Services, Inc., Loan C, LIBOR + 2.50%, 8/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,494,281</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">962</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">LSP General Finance Co. LLC, LIBOR + 1.75% , 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">962,201</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">MACH Gen LLC,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">70</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 2/22/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">70,277</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">680</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 2/22/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">677,988</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">McJunkin Corp., Loan B, LIBOR + 2.25%, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,007,188</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">496</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">MEG Energy Corp., Loan B, LIBOR + 2.00%, 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">500,049</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">990</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Mirant N.A. LLC, Loan B, LIBOR + 1.75%, 1/05/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">991,114</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Northeast Energy,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">159</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 10/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">159,567</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 4.50%, 10/31/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">758,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,341</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.50%, 10/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,350,183</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,514</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">NRG Energy, Inc., LIBOR + 2.00%, 1/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,540,963</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">358</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Petro Geological Services, Loan B, LIBOR + 2.50%, 12/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">360,063</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Plum Point Energy Associates,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">678</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">TBD, 3/14/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">684,174</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">186</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 3.25%, 3/14/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">187,910</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">104</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Regency Gas, LIBOR + 2.50%, 8/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">104,460</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,400</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">SandRidge Energy, Inc., LIBOR, 3/01/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,396,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,100</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">SemCrude LP, LIBOR + 2.25% , 2/28/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,099,422</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">TPF Generation Holdings LLC,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">151</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 12/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">151,413</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">47</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.10%, 12/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">47,465</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">802</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.00%, 4/12/26</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">806,903</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,486</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Trinidad Energy Services Income Trust, LIBOR + 2.50%, 4/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,489,966</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Western Refining, TBD, 3/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,002,656</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">7 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=63% align=left nowrap>&nbsp;

        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;
        </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Description</FONT></B>
        </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Energy &#151;(cont&#146;d)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wolf Hollow I LP,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 12/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 500,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">400</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 6/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">392,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">100</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 6/22/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">98,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">474</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.25%, 6/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">464,676</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Energy</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">33,866,903</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Entertainment &amp; Leisure&#151;6.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">898</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Blockbuster Entertainment Corp., Loan B, LIBOR + 3.50%, 8/20/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">906,116</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,122</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cinemark, Inc., Loan B, LIBOR + 1.75%, 10/05/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,126,396</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Edge Las Vegas, LIBOR + 3.50%, 6/15/07</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">748,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">938</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Fairmont Hotels &amp; Resorts, Inc., Loan B, LIBOR + 3.25%, 7/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">942,598</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,995</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Greektown Holdings LLC, Loan B, LIBOR + 2.50%, 12/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,009,962</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Green Valley Ranch Gaming LLC,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 8/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">252,313</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">482</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 1/29/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">483,324</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 3.25%, 1/29/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">504,625</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Hallmark Entertainment LLC, Loan B, LIBOR + 3.25%, 12/31/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,500,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,478</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Hit Entertainment Ltd., LIBOR + 2.25%, 8/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,483,041</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Hollywood Theaters, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 7.00%, 1/21/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,521,875</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,706</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 3.25%, 8/01/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,721,180</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,477</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Kerasotes Theatres, Inc., Loan B, LIBOR + 2.50%, 11/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,483,618</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,978</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Metro-Goldwyn-Mayer Studios, Inc., Loan B, LIBOR + 3.25%, 4/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,977,268</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Riverside Casino &amp; Golf Resort LLC, Loan B, LIBOR + 3.50%, 11/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">764,063</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Time Warner, Inc., Loan B, LIBOR + 2.00%, 10/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">753,281</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">524</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Travelport, Inc., LIBOR + 2.50% , 8/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">528,387</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">925</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Universal City Development Partners LP, Loan B, LIBOR + 2.00%, 6/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">930,660</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Venetian Casino Resorts LLC, Loan B, LIBOR + 1.75% , 6/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,508,943</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wembley, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,495</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 8/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,506,221</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">990</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 4.25%, 8/31/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">998,662</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,099</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wyndham Intl., Inc., Loan E, LIBOR + 4.50%, 9/11/07</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,104,847</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">818</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Yellowstone Mountain Club, LIBOR + 2.38%, 10/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">817,648</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Entertainment &amp; Leisure</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">28,573,153</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Financial Institutions&#151;11.6%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">993</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Advantage Sales &amp; Marketing, Inc., LIBOR + 2.00%, 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">991,673</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">969</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Arias Acquisitions, Inc., LIBOR + 3.75%, 7/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">917,950</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">249</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Arrowhead General Insurance Agency, Inc., LIBOR + 3.00%, 8/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">250,926</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Asurion Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">979</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 3.00%, 8/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">990,143</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 6.25%, 2/28/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">511,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Audatex, LIBOR + 5.50%, 10/15/13 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,720,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">955</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Avio, LIBOR, 9/25/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">980,888</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Bankruptcy Management,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">998</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.75%, 6/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,003,111</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">499</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 6.25%, 7/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">504,984</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,813</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Billing Services Group, LIBOR + 2.50%, 5/05/12 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">6,428,778</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">929</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">BNY Convergex Group LLC, LIBOR + 3.00%, 8/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">934,375</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">BST Textile, LIBOR, 6/03/09 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,349,209</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">451</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">CCC Information Services Group, Inc., Loan B, LIBOR + 2.50%, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">452,245</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,247</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Charter Mac, Loan B, LIBOR + 2.50%, 8/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,251,551</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">748</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Conseco, Inc., LIBOR + 2.00%, 9/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">749,528</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">GS Holdings Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">83</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 1.75%, 5/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">83,580</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">627</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 1.75%, 5/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">627,754</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,943</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Jostens, Inc., Loan C, LIBOR + 2.00%, 10/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,953,667</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Liberato Midco Ltd.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">367</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 4.00%, 10/27/16 (GBP)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">743,562</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B1, LIBOR, 10/27/14 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">676,820</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C1, LIBOR, 10/27/15 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">679,646</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">906</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Lucite Intl. Finance Plc, LIBOR + 9.00%, 7/15/14 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,237,383</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Moeller Group, LIBOR, 9/17/12 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,710,440</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">8 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=63% align=left nowrap>&nbsp;

        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Financial Institutions&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 659</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">N.E.W. Holdings I LLC, LIBOR + 2.25%, 8/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 661,829</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nasdaq Stock Market, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">974</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 1.75%, 4/18/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">975,882</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">564</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 1.75%, 4/18/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">565,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,955</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Owens Illinois Group, Inc., Loan B, LIBOR + 1.50%, 6/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,596,353</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,485</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">PinnOak Resources LLC, LIBOR + 3.25%, 11/22/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,455,300</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">858</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Professional Service, Inc., Loan B, LIBOR + 2.75%, 10/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">859,957</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">499</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Renfro Corp., LIBOR + 1.00%, 9/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">502,795</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,729</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Ripplewood Phosphorus U.S. LLC, LIBOR + 3.25%, 7/16/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,729,286</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">RiskMetrics Group Holdings LLC, LIBOR + 5.50%, 6/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">253,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,119</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Sedgewick Claims Management Services, Inc., Loan B, LIBOR + 2.25%, 2/28/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,120,717</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">TPG Springs Ltd.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,757</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 5.25%, 3/22/15 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,372,961</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">886</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.75%, 3/22/13 (GBP)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,740,807</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">886</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 3.25%, 3/22/14 (GBP)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,746,412</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">TransFirst Holdings, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 6.25%, 8/09/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,008,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">995</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.50%, 8/09/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">999,975</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">United Biscuits,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,651</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B1, LIBOR + 2.50%, 12/31/14 (GBP)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,296,050</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">535</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B2, LIBOR, 12/31/14 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">724,482</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">457</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">USI Holdings Corp., Loan B, LIBOR + 2.25%, 7/30/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">457,215</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Financial Institutions</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">52,817,859</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Health Care&#151;7.0%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,297</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Arizant, Inc., LIBOR + 3.25%, 8/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,313,045</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,345</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Community Health Systems, Inc., LIBOR + 1.75%, 8/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,351,547</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,100</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Concentra Operating Corp., Loan B, LIBOR + 2.00%, 9/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,103,694</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">335</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Duloxetine Royalty, LIBOR + 4.50%, 10/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">334,513</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Emdeon Business Services LLC, LIBOR, 5/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">510,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Health Mamagement Associates, LIBOR + 1.75%, 2/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,005,312</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">5,970</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">HealthSouth Corp., Loan B, LIBOR + 2.50%, 3/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,995,104</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,925</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">IASIS Healthcare Corp., Loan B, LIBOR + 2.25%, 6/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,946,937</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,370</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Jean Coutu Group, Inc., Loan B, LIBOR + 2.50%, 6/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,370,260</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">437</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Multiplan, Inc., LIBOR + 2.50%, 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">440,351</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">497</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">National Renal Institutes, Inc., Loan B, LIBOR + 2.25%, 4/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">496,566</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Quintiles Transnational Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">993</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 3/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">992,811</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 4.00%, 3/31/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">253,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">983</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Select Medical Corp., Loan B, LIBOR + 2.00%, 2/28/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">977,922</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,989</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">US Oncology, Inc., LIBOR + 2.25%, 6/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,006,261</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">983</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Vanguard Health Holding Co. II LLC, LIBOR + 2.25%, 9/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">988,294</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Warner Chilcott Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">416</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 1/18/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">416,622</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,891</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.00%, 1/18/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,899,069</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">519</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 2.00%, 1/18/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">521,389</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Health Care</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">31,922,822</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Industrials&#151;3.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,492</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Acosta, Inc., LIBOR + 2.25%, 8/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,502,451</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Bolthouse Farms, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">990</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 12/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">993,404</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 5.50%, 12/16/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">505,625</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">333</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Chart Industries, Inc., Loan B, LIBOR + 2.00%, 10/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">334,583</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,850</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Drummond Co., Inc., LIBOR + 1.50%, 2/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,803,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Kion Group,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR, 3/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">253,476</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR, 3/15/16 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">254,726</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan D, LIBOR, 9/15/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">684,385</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Novelis, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">199</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.25%, 1/13/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">199,136</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">346</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.25%, 12/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">345,868</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Oshkosh Truck Corp., Loan B, LIBOR + 2.00%, 11/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,508,482</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">625</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">QTC Acquisition, Inc., LIBOR + 6.50%, 5/04/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">626,563</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">9 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=63% align=left nowrap>&nbsp;

        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;
        </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Description</FONT></B>
        </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;
        </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Industrials&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Standard Steel LLC,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">1.00%, 7/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 82,600</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">416</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.50%, 7/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">417,184</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">998</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Stolle Machinery Co. LLC, LIBOR + 2.50%, 9/29/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,003,111</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,263</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Thermo Fluids, Inc., Loan B, LIBOR + 3.00%, 8/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,263,477</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Tinnerman Palnut Engineered Products, Inc., LIBOR + 7.75%, 11/01/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,880,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Trimas Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">94</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.75%, 7/31/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">95,039</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">405</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.75%, 7/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">410,806</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Industrials</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">15,164,666</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Media&#151;21.8%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">475</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Affinion Group, Inc., LIBOR, 3/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">463,125</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">American Lawyers Media, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,706</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.50%, 3/15/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,706,364</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 5.75%, 3/07/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">American Media Operations, Inc., Loan B, LIBOR + 3.00%, 1/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,004,792</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Audio Visual Services Group, Inc., LIBOR + 5.50%, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,003,125</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Bresnan Communications Group LLC, LIBOR + 4.50%, 4/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">253,594</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">8,398</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cablecom SCA, Loan A, LIBOR, 12/31/10 (CHF)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">6,911,207</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,970</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cablevision Systems Corp., LIBOR + 1.75%, 3/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,982,406</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Casema Kabelcom (EUR),</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.50%, 9/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,013,785</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">875</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B1, LIBOR + 2.50%, 9/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,182,868</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">875</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR, 9/30/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,188,685</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 3.00%, 9/30/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,018,920</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">6,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cequel Communications LLC, LIBOR + 2.25%, 11/01/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">6,007,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Charter Communications Holdings LLC/Charter Communication Holdings Capital Corp., LIBOR + 2.63%,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">4/28/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,492,016</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,235</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Dex Media East LLC/Dex Media East Finance Co., Loan B, LIBOR + 1.50%, 12/31/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,229,599</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Dex Media West LLC/Dex Media Finance Co.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">780</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B1, LIBOR + 1.50%, 9/09/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">778,708</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,406</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B2, LIBOR + 1.50%, 9/01/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,404,297</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Emmis Communications Corp., LIBOR + 2.00%, 10/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">502,952</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Gatehouse Media Operating, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">592</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 0.50%, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">590,188</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,386</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 1.75%, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,384,137</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">5,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Idearc, Inc., Loan B, LIBOR + 2.00%, 11/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,028,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">KDG Media Technologies AG, Loan A, LIBOR + 2.00%, 3/31/12 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,376,043</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Knology, LIBOR + 2.25%, 3/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">500,625</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,485</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Liberty Cablevision of Puerto Rico Ltd., LIBOR + 2.25%, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,489,641</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Mediacom Broadband LLC, Loan D1, LIBOR + 1.75%, 1/31/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,499,532</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,754</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Mediacom Communications Corp., Loan A, LIBOR + 2.00%, 3/31/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,740,154</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,975</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Mediacom Illinois LLC, Loan C, LIBOR + 1.75%, 1/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,976,234</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,922</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Mission Broadcasting, Inc., Loan B, LIBOR + 1.75%, 8/14/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,917,689</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">400</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Multicultural Radio Broadcasting, Inc., LIBOR + 2.75%, 12/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">401,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">National CineMedia, Inc., Loan B, LIBOR + 1.75%, 2/28/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,001,250</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">New Wave Communications,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">230</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 6/20/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">230,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,015</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 3.25%, 6/20/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,015,250</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,821</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nexstar Finance, Inc., Loan B, LIBOR + 1.75%, 8/14/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,817,175</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,491</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nielsen Finance LLC/Nielsen Finance Co., Loan B, LIBOR + 2.25%, 8/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,518,527</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">PagesJaunes Groupe SA (EUR),</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B2, LIBOR + 2.25%, 1/11/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,354,126</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 2.75%, 1/11/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,354,126</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan D, LIBOR + 4.25%, 1/11/17</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">687,545</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Penton Media, Inc.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,125</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 2/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,128,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 5.00%, 2/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,008,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Persona Communications, Inc., LIBOR + 6.00%, 4/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,006,250</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Prysmian Cables &amp; Systems</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 1/28/15 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,708,436</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,034</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B3A, LIBOR + 2.50%, 8/22/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,038,684</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">508</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C5A, LIBOR + 3.00%, 8/22/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">510,942</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">10 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=63% align=left nowrap>&nbsp;

        </TD>
        <TD width=9%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=10% align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Media&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Puerto Rico Cable Acquisition Co., LIBOR + 6.25%, 7/31/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 755,625</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">743</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Quebecor Media, Inc., Loan B, LIBOR + 2.00%, 1/17/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">746,522</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,079</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">RH Donnelley, Inc., Loan D2, LIBOR + 1.50%, 12/31/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,079,015</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">TDC (EUR),</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR, 11/12/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,685,849</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C2, LIBOR, 11/12/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,692,749</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Univision Communications,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">604</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">603,478</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 3/31/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">998,750</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">5,638</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,632,459</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wide Open West Finance LLC, Loan B, LIBOR + 2.25%, 4/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">502,917</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,902</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">WMG Acquisition Corp., LIBOR + 2.00%, 4/08/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,906,924</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Yell Group Plc, Loan B, LIBOR + 2.00%, 2/15/13 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,374,935</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">989</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Young Broadcasting, Inc., LIBOR + 2.50%, 11/01/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">991,963</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Media</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">99,398,933</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Real Estate&#151;1.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">904</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Acoustical Materials, LIBOR + 2.75%, 4/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">895,046</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Foster Wheeler Ltd., LIBOR - 0.10%, 9/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,255,625</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,641</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Headwaters, Inc., LIBOR + 2.00%, 4/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,643,701</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Kyle Acquisition Group LLC, Loan B, LIBOR + 3.50%, 7/20/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">252,813</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">491</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Masonite Intl. Corp., LIBOR + 2.00% , 3/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">483,382</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">372</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Stewart Enterprises, Inc., Loan B, LIBOR + 1.75%, 11/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">372,148</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Real Estate</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">5,902,715</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Technology&#151;4.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">465</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Activant Solutions, Inc., Loan B, LIBOR + 2.00%, 4/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">465,449</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">743</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Affiliated Computer Services, Inc., Loan B, LIBOR + 2.00%, 3/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">743,428</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">ClientLogic Corp., LIBOR + 2.50%, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,510,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Electrical Components Intl. Holdings Co., LIBOR + 6.50%, 5/19/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">503,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Intergraph Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.25%, 5/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">502,292</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">750</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR, 11/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">764,531</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">997</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Marvell Technology Group Ltd., Loan B, LIBOR + 2.00%, 11/06/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,001,859</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">RedPrairie Corp.,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,250</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 6.50%, 1/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,262,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">995</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR, 7/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">995,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">San Juan Cable, LIBOR + 6.50%, 3/15/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,501,875</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Sensata Technologies BV,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,493</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">LIBOR + 2.00%, 4/30/13 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000,164</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,990</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 1.75%, 4/27/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,986,947</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">218</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">SS&amp;C Technologies, Inc., LIBOR + 2.50%, 11/04/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">219,288</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,463</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">SunGard Data Systems, Inc., Loan B, LIBOR + 2.00%, 1/05/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,480,969</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,027</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">UGS Corp., LIBOR + 1.75%, 5/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,027,090</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,179</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Westcom Corp., Loan B, LIBOR + 2.75%, 12/31/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,179,443</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wire Rope Corp., LIBOR + 2.25%, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">503,322</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Technology</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">19,647,907</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Telecommunications&#151;9.6%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,985</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Atlantic Broadband Finance LLC, Loan B2, LIBOR + 2.25%, 1/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,002,372</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Cavalier Telephone Corp., Loan B, LIBOR + 4.75%, 11/30/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">507,500</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,169</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Centennial Cellular Operating Co., LIBOR + 2.00%, 2/09/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,183,576</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Country Road Communications LLC, LIBOR + 7.75%, 6/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">505,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Eircom Group Plc (EUR),</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B, LIBOR + 2.38%, 9/15/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,013,277</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 2.75%, 9/15/15</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,052,479</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan D, LIBOR, 3/15/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,367,368</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Insight Midwest Holdings LLC, Loan B, LIBOR + 2.00%, 4/03/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,028,332</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Iowa Telecommunications Services, Inc., Loan B, LIBOR + 1.75%, 11/30/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,013,750</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">748</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">IPC Acquisition Corp., LIBOR + 2.50%, 8/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">753,736</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">990</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Madison River Capital LLC, Loan B1, LIBOR + 2.25%, 7/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">991,467</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,730</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">NTELOS, Inc., LIBOR + 2.25%, 2/24/10</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,737,759</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">NTL Investment Holding Ltd. (GBP),</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,420</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B-2, LIBOR + 2.13%, 9/03/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,773,891</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C, LIBOR + 2.75%, 3/03/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,027,873</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">746</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Nuvox Communications, LIBOR + 5.00%, 5/15/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">749,981</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">11 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=62% align=left nowrap>&nbsp;

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

        </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">Description</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;"> <div align="center"><B><FONT size=2 face="serif">Value</FONT></B>
    </div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Telecommunications&#151;(cont'd)</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 446</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Triton PCS, Inc., LIBOR + 3.25%, 11/15/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 448,723</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">West Corp., Loan B2, LIBOR + 2.38%, 10/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,018,375</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Wind Acquisition Finance S.A. (EUR),</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,664</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan A1, LIBOR + 2.00%, 6/17/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,224,641</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan B1, LIBOR + 2.50%, 7/31/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,686,728</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">Loan C1, LIBOR + 3.25%, 7/31/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">2,700,087</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Telecommunications</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">43,786,915</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Transportation&#151;1.8%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">824</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Delta Air Lines, Inc., Loan A, LIBOR + 2.75%, 4/15/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">825,761</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">398</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Kenan Advantage Group, LIBOR + 3.00%, 12/15/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">401,474</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">327</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Sirva Worldwide, Inc., LIBOR + 6.25%, 12/31/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">318,939</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">U.S. Airways, Loan B, LIBOR, 3/22/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,008,751</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,500</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">United Air Lines, Inc., Loan B, LIBOR + 2.00%, 1/30/14</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,499,413</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,863</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Vanguard Car Rental Holdings, Inc., Loan B, LIBOR + 3.00%, 6/30/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">1,880,127</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Transportation</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">7,934,465</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Bank Loans</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">524,488,827</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Foreign Government Bonds&#151;20.3%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,840</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Argentina Republic, 5.475%, 8/03/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,759,040</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,904</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Bolivarian Republic of Venezuela, 11.00%, 12/18/07</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,904,326</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Federative Republic of Brazil,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">475</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">10.25%, 6/17/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">592,088</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">9,435</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">11.10%, 6/29/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">10,548,330</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,600</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Islamic Republic of Pakistan, 6.75%, 2/19/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,600,133</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,356</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Kingdom of Morocco, 6.344%, 1/05/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,385,171</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">800</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">4</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Malaysia, 8.75%, 6/01/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">857,556</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,400</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">4</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of Chile, 6.875%, 4/28/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,485,200</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,200</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of Colombia, 8.90%, 3/17/13</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,329,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">3,200</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of Costa Rica, 9.335%, 5/15/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,448,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of Panama, 8.25%, 4/22/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,058,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of Peru,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">5,264</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">6.072%, 3/07/17</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">5,250,840</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,400</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">9.125%, 1/15/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,460,000</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,400</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">4</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of South Africa, 7.375%, 4/25/12</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,607,000</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,400</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of the Philippines, 8.875%, 4/15/08</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,481,062</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">950</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of Uruguay, 6.875%, 1/19/16 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">1,359,085</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Republic of Venezuela,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,000</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">6.36%, 4/20/11 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">3,963,600</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,800</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">9.125%, 6/18/07 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,843,200</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">11.00%, 3/05/08 (EUR)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,814,583</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Russian Federation, 10.00%, 6/26/07</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,037,200</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,735</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Turkey, 7.00%, 9/26/16</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,782,862</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Ukraine,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">2,800</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">6.875%, 3/04/11</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">2,894,500</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">16,100</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">1,2</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">8.775%, 8/05/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">17,106,250</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">United Mexican States,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">4,800</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">2,4</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">6.06%, 1/13/09</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">4,840,800</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">10,000</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">8.00%, 12/24/08 (MXN)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">915,453</FONT>
        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">9,820</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">9.00%, 12/22/11 (MXN)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">943,012</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Foreign Government Bonds</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">92,266,291</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">Shares</FONT></B>
            </div></TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

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

        </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">947</FONT>
        </TD>
        <TD><SUP><FONT size=1 face="serif">6</FONT></SUP>
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Critical Care Systems Intl., Inc.</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">5,919</FONT>
        </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Long-Term Investments (cost &#36;712,710,792)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">718,809,596</FONT>
        </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="serif">12 </FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE border=0 cellspacing=0 cellpadding=3>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#000000">
<B><FONT color="#FFFFFF" face="serif">BlackRock Global Floating Rate Income Trust (BGT) (continued)</FONT></B>
        </TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="serif">(Percentages shown are based on Net Assets)</FONT><B><FONT color="#ff0000" face="serif"> </FONT></B></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=11% align=center nowrap>
<B><FONT size=2 face="serif">Principal</FONT></B>
        </TD>
        <TD width=5%>&nbsp;
        </TD>
        <TD width=62% align=left nowrap>&nbsp;

        </TD>
        <TD width=10%>&nbsp;
        </TD>
        <TD width=2% align=left nowrap>&nbsp;</TD>
        <TD width=9% align=left nowrap>&nbsp;

        </TD>
    <TD width=1% align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Amount</FONT></B>
        </TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
      <div align="center"><B><FONT size=2 face="serif">(000)</FONT></B>
            </div></TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;
        </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Description</FONT></B>
        </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;
        </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Value</FONT></B>
        </TD>
    <TD align=center nowrap>&nbsp;

  </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">SHORT-TERM INVESTMENTS&#151;0.5%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">U.S. Government and Agency Discount Notes&#151;0.5%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Federal Home Loan Bank Disc. Notes,</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>&nbsp;</TD>
        <TD align=left nowrap>&nbsp;

        </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=right nowrap>
<FONT size=1 face="serif">&#36;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,325</FONT><SUP></SUP>
        </TD>
        <TD><SUP><FONT size=1 face="serif">7</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">5.169%, 4/11/07 N/A</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 1,323,101</FONT>
        </TD>
    <TD align=right nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=right nowrap>
<FONT size=1 face="serif">1,000</FONT><SUP></SUP>
        </TD>
        <TD><SUP><FONT size=1 face="serif">7</FONT></SUP>
        </TD>
        <TD align=left nowrap>
 &nbsp; &nbsp;<FONT size=1 face="serif">5.172%, 4/13/07 N/A</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">998,280</FONT>
        </TD>
    <TD align=right nowrap>&nbsp;

  </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Total Short-Term Investments (cost &#36;2,321,381)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">2,321,381</FONT>
        </TD>
    <TD align=right nowrap>&nbsp;

  </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=1 face="serif">Total Investments</FONT></B><FONT size=1 face="serif">&#151;158.5% (cost &#36;715,032,173</FONT><SUP><FONT size=1 face="serif">8</FONT></SUP><FONT size=1 face="serif">)</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap>
<FONT size=1 face="serif"> 721,130,977</FONT>
        </TD>
    <TD align=right nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<FONT size=1 face="serif">Liabilities in excess of other assets (including &#36;25,221,218 in payable for investments purchased)&#151;(5.0)%</FONT>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>
<FONT size=1 face="serif">(22,492,266</FONT></TD>
    <TD align=right valign="bottom" nowrap><div align="left"><FONT size=1 face="serif">)</FONT></div></TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap bgcolor="#E6E6E6">&nbsp;

        </TD>
        <TD bgcolor="#E6E6E6">&nbsp;
        </TD>
        <TD align=left nowrap bgcolor="#E6E6E6">
<FONT size=1 face="serif">Preferred shares at redemption value, including dividends payable &#151;(53.5)%</FONT>
        </TD>
        <TD bgcolor="#E6E6E6">&nbsp;
        </TD>
        <TD align=right nowrap bgcolor="#E6E6E6" style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap bgcolor="#E6E6E6" style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif">(243,552,345</FONT>
        </TD>
    <TD align=right valign="middle" nowrap><div align="left"><FONT size=1 face="serif">)</FONT>

  </div></TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;

        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=left nowrap>
<B><FONT size=1 face="serif">Net Assets Applicable to Common Shareholders&#151;100%</FONT></B>
        </TD>
        <TD>&nbsp;
        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;"><div align="left"><FONT size=1 face="serif">&#36;</FONT></div></TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=1 face="serif"> 455,086,366</FONT>
        </TD>
    <TD align=right nowrap>

      <div align="left"></div></TD>
</TR>
</TABLE>
<BR>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
  <TD nowrap valign=top>&nbsp;</TD>
  <TD><div style="border-bottom:1px solid #000000; width:100px">&nbsp;</div>
    </TD>
</TR>
<TR>
  <TD colspan="2" valign=top nowrap><p><font size=1>&nbsp;</font></p></TD>
  </TR>
<TR>
        <TD nowrap valign=top>
<FONT size=1 face="serif">1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
        <TD width=100%>
<P align="left"><FONT size=1 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 March 31,
2007, the Trust held 8.3% of its net assets, with a current market value of &#36;37,797,417, in securities restricted as to resale.</FONT></P>
        </TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
        <TD nowrap valign=top>
<FONT size=1 face="serif">2</FONT></TD>
        <TD width=100%>
<P align="left"><FONT size=1 face="serif">Variable rate security. Rate shown is interest rate as of March 31, 2007.</FONT></P>
        </TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
        <TD nowrap valign=top>
<FONT size=1 face="serif">3</FONT></TD>
        <TD width=100%>
<P align="left"><FONT size=1 face="serif">Security is fair valued.</FONT></P>
        </TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
        <TD nowrap valign=top>
<FONT size=1 face="serif">4</FONT></TD>
        <TD width=100%>
<P align="left"><FONT size=1 face="serif">Entire or partial principal amount pledged as collateral for reverse repurchase agreements.</FONT></P>
        </TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
        <TD nowrap valign=top>
<FONT size=1 face="serif">5</FONT></TD>
        <TD width=100%>
<P align="left"><FONT size=1 face="serif">Issuer is in default and/or bankruptcy.</FONT></P>
        </TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
        <TD nowrap valign=top>
<FONT size=1 face="serif">6</FONT></TD>
        <TD width=100%>
<P align="left"><FONT size=1 face="serif">Non-income producing security.</FONT></P>
        </TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
        <TD nowrap valign=top>
<FONT size=1 face="serif">7</FONT></TD>
        <TD width=100%>
<P align="left"><FONT size=1 face="serif">Rate shown is the yield to maturity as of the date of purchase.</FONT></P>
        </TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
        <TD nowrap valign=top>
<FONT size=1 face="serif">8</FONT></TD>
        <TD width=100%>
<P align="left"><FONT size=1 face="serif">Cost for federal income tax purposes is &#36;709,684,677. The net unrealized appreciation on a tax basis is &#36;11,446,300, consisting of &#36;14,230,125 gross unrealized appreciation and &#36;2,783,825
gross unrealized depreciation.</FONT></P>
        </TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR>
<TR>
  <TD>&nbsp;</TD>
  <TD><SUP><FONT size=1 face="serif"> </FONT></SUP><FONT size=1 face="serif">For
      Trust compliance purposes, the Trust's sector and industry classifications
      refer to any one or more of the Standard Industry Codes as defined by the
      SEC. This definition may not apply for purposes of this report, which may
    combine sector and industry sub-classifications for reporting ease. </FONT></TD>
</TR>
</TABLE>
<P align="left">&nbsp;</P>
<div style="margin-left:45%">

  <p align="left"><b><font size=2 face="serif">KEY TO ABBREVIATIONS </font></b><br>
      <font size=1 face="serif">CHF &#151; Swiss Franc </font><br>
      <font size=1 face="serif">EUR &#151; Euro </font><br>
      <font size=1 face="serif">GBP &#151; British Pound </font><br>
      <font size=1 face="serif">LIBOR &#151; London Interbank Offered Rate </font><br>
      <font size=1 face="serif">MXN &#151; Mexican Peso </font><br>
      <font size=1 face="serif">TBD &#151; To be determined </font><br>
      <font size=1 face="serif">PRIME &#151; Prime Rate </font></p>
</div>
<P align="center">&nbsp;</P>
<P align="center"><FONT size=2 face="serif">13 </FONT></P>
<HR noshade align="center" width="100%" size=4>




<P align="left" style="page-break-before:always"></P><PAGE>


<P align="left">
<B><FONT face="serif">Item 2. Controls and Procedures.</FONT></B><FONT face="serif"> </FONT></P>
<P align="left">
<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 align="left">
<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 align="left">
<B><FONT face="serif">Item 3. Exhibits.</FONT></B></P>
<P align="left">
<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>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<P align="center">
<B><FONT face="serif">SIGNATURES</FONT></B></P>
<P align="left">
<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 align="left">
<FONT face="serif">(Registrant)</FONT><U><FONT face="serif">&nbsp; &nbsp; BlackRock Global Floating Rate Income Trust&nbsp; &nbsp; &nbsp;</FONT></U></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=3% align=left nowrap><font face="serif">By:</font></TD>
        <TD width=97% align=left style="border-bottom:1px solid #000000;"><font face="serif">&nbsp; /s/
            Donald C. Burke</font>
</TD>
</TR>
<TR valign="bottom">
  <TD colspan="2" align=left>
<FONT face="serif">Name: Donald C. Burke</FONT>&nbsp;   </TD>
  </TR>
<TR valign="bottom">
  <TD colspan="2" align=left>
<FONT face="serif">Title: Treasurer and Principal Financial Officer</FONT>&nbsp;        </TD>
  </TR>
<TR valign="bottom">
  <TD colspan="2" align=left>
<FONT face="serif">Date: May 25, 2007</FONT>&nbsp;      </TD>
  </TR>
</TABLE>
<BR>
<P align="left">
<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>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=3% align=left nowrap><font face="serif">By:</font></TD>
    <TD width=97% align=left style="border-bottom:1px solid #000000;"><font face="serif">&nbsp; /s/
        Robert S. Kapito</font></TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=left><font face="serif">Name: Robert S. Kapito</font></TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=left><font face="serif">Title: President and Principal
    Executive Officer</font></TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=left><font face="serif">Date: May 25, 2007</font></TD>
  </TR>
</TABLE>
<p>&nbsp;</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=3% align=left nowrap><font face="serif">By:</font></TD>
    <TD width=97% align=left style="border-bottom:1px solid #000000;"><font face="serif">&nbsp; /s/
        Donald C. Burke</font></TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=left><font face="serif">Name: Donald C. Burke</font></TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=left><font face="serif">Title: Treasurer and Principal
    Financial Officer</font></TD>
  </TR>
  <TR valign="bottom">
    <TD colspan="2" align=left><font face="serif">Date: May 25, 2007</font></TD>
  </TR>
</TABLE>
<p><BR>
</p>
<HR noshade align="center" width="100%" size=4>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>c48116_ex99cert.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE></TITLE>
</HEAD>

<BODY bgcolor="#ffffff">




<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></P>
<P align="left">
<FONT face="serif">I, Robert S. Kapito, certify that:</FONT></P>
<P align="left">
<FONT face="serif">1. I have reviewed this report on Form N-Q of BlackRock Global Floating Rate Income Trust; </FONT></P>
<P align="left">
<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 align="left">
<FONT face="serif">3. Based on my knowledge, the schedule 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 align="left">
<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 align="left">
<FONT face="serif">(a)</FONT><FONT size=2 face="sans-serif"> </FONT><FONT face="serif">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 align="left">
<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 align="left">
<FONT face="serif">(c)</FONT><FONT size=2 face="sans-serif"> </FONT><FONT face="serif">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 align="left">
<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 align="left">
<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 align="left">
<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 align="left">
<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 align="left">
<FONT face="serif">Date: May 25, 2007</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD width=54% align=center>&nbsp;</TD>
	<TD width=35% align=center style="border-bottom:1px solid #000000">
<FONT face="serif">/s/ Robert S. Kapito</FONT></TD>
    <TD width=11% align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
  <TD align=center><FONT face="serif">Robert S. Kapito</FONT></TD>
  <TD align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=center>&nbsp;</TD>
	<TD align=center>
<FONT face="serif">President and Principal Executive Officer</FONT>&nbsp;
	</TD>
    <TD align=center>&nbsp;</TD>
</TR>
</TABLE>
<BR>

<HR noshade align="center" width="100%" size=4>



<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></P>
<P align="left">
<FONT face="serif">I, Donald C. Burke, certify that:</FONT></P>
<P align="left">
<FONT face="serif">1. I have reviewed this report on Form N-Q of BlackRock Global Floating Rate Income Trust; </FONT></P>
<P align="left">
<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 align="left">
<FONT face="serif">3. Based on my knowledge, the schedule 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 align="left">
<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 align="left">
<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 align="left">
<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 align="left">
<FONT face="serif">(c)</FONT><FONT size=2 face="sans-serif"> </FONT><FONT face="serif">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 align="left">
<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 align="left">
<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 align="left">
<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 align="left">
<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 align="left">
<FONT face="serif">Date: May 25, 2007</FONT></P>
<P align="left">&nbsp;</P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD width=54% align=center>&nbsp;</TD>
    <TD width=35% align=center style="border-bottom:1px solid #000000"><FONT face="serif">/s/
        Donald C. Burke</FONT></TD>
    <TD width=11% align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD align=center><FONT face="serif">Donald C. Burke</FONT></TD>
    <TD align=center>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=center>&nbsp;</TD>
    <TD align=center><FONT face="serif">Treasurer and Principal Financial Officer</FONT>&nbsp; </TD>
    <TD align=center>&nbsp;</TD>
  </TR>
</TABLE>
<BR>

<HR noshade align="center" width="100%" size=4>


</BODY>

</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
