<SEC-DOCUMENT>0000844779-16-000384.txt : 20161227
<SEC-HEADER>0000844779-16-000384.hdr.sgml : 20161226
<ACCEPTANCE-DATETIME>20161227103040
ACCESSION NUMBER:		0000844779-16-000384
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20161031
FILED AS OF DATE:		20161227
DATE AS OF CHANGE:		20161227
EFFECTIVENESS DATE:		20161227

FILER:

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

	FILING VALUES:
		FORM TYPE:		NSAR-B
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21566
		FILM NUMBER:		162069810

	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 GLOBAL FLOATING RATE INCOME TRUST
		DATE OF NAME CHANGE:	20040528

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK VARIABLE RATE & INFLATION PROTECTED SECURITIES
		DATE OF NAME CHANGE:	20040416
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-B
<SEQUENCE>1
<FILENAME>bgtanswer.fil
<TEXT>
<PAGE>      PAGE  1
000 B000000 10/31/2016
000 C000000 0001287480
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 BLK FLOATING RATE INCOME TRUST
001 B000000 811-21566
001 C000000 8004417762
002 A000000 100 BELLEVUE PARKWAY
002 B000000 WILMINGTON
002 C000000 DE
002 D010000 19809
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
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008 A000001 BLACKROCK ADVISORS, LLC
008 B000001 A
008 C000001 801-47710
008 D010001 WILMINGTON
008 D020001 DE
008 D030001 19809
012 A000001 COMPUTERSHARE TRUST COMPANY, N.A. (COMMON)
012 B000001 85-11340
012 C010001 CANTON
012 C020001 MA
012 C030001 02021
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 BOSTON
013 B020001 MA
013 B030001 02116
014 A000001 BLACKROCK INVESTMENTS, LLC
014 B000001 8-48436
014 A000002 HARRIS WILLIAMS LLC
014 B000002 8-53380
014 A000003 PNC CAPITAL MARKETS, INC.
014 B000003 8-32493
014 A000004 PNC INVESTMENTS LLC
014 B000004 8-66195
014 A000005 BLACKROCK EXECUTION SERVICES
014 B000005 8-48719
014 A000006 SOLEBURY CAPITAL, LLC
014 B000006 8-67548
015 A000001 STATE STREET BANK & TRUST COMPANY
<PAGE>      PAGE  2
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
015 A000002 HSBC AUSTRALIA
015 B000002 S
015 C010002 SYDNEY
015 D010002 AUSTRALIA
015 E040002 X
015 A000003 SKANDINAVISKA ENSKILDA BANKEN AB
015 B000003 S
015 C010003 COPENHAGEN
015 D010003 DENMARK
015 E040003 X
015 A000004 UNICREDIT BANK HUNGARY ZRT
015 B000004 S
015 C010004 BUDAPEST
015 D010004 HUNGARY
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015 A000005 DEUTSCHE BANK
015 B000005 S
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015 D010005 ITALY
015 E040005 X
015 A000006 HSBC JAPAN
015 B000006 S
015 C010006 TOKYO
015 D010006 JAPAN
015 E040006 X
015 A000007 CLEARSTREAM BANKING SA
015 B000007 S
015 C010007 LUXEMBOURG
015 D010007 LUXEMBOURG
015 E040007 X
015 A000008 BANCO NACIONAL DE MEXICO SA
015 B000008 S
015 C010008 MEXICO CITY
015 D010008 MEXICO
015 E040008 X
015 A000009 HSBC NEW ZEALAND
015 B000009 S
015 C010009 AUCKLAND
015 D010009 NEW ZEALAND
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015 A000010 SEB NORWAY
015 B000010 S
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015 A000011 CITIBANK SINGAPORE
<PAGE>      PAGE  3
015 B000011 S
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015 B000012 S
015 C010012 JOHANNESBURG
015 D010012 SOUTH AFRICA
015 E040012 X
015 A000013 CREDIT SUISSE ZURICH
015 B000013 S
015 C010013 ZURICH
015 D010013 SWITZERLAND
015 E040013 X
015 A000014 STATE STREET TRUST CO CDA CDSX
015 B000014 S
015 C010014 TORONTO
015 D010014 CANADA
015 E040014 X
015 A000015 STATE STREET TR CO CDA RBCPHYS
015 B000015 S
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015 D010015 CANADA
015 E040015 X
015 A000016 STATE STREET BK LONDON-CREST
015 B000016 S
015 C010016 London
015 D010016 Great Britain
015 A000017 STATE STREET BANK LONDON - PHYSICAL
015 B000017 S
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015 D010017 UNITED KINGDOM
018  000000 Y
019 A000000 Y
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020 A000001 BARCLAYS CAPITAL INC
020 B000001 13-3297824
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020 C000002      1
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020 C000003      0
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022 A000001 BLK LIQUIDITY FUNDS, TEMPFUND, INST. CLASS
022 B000001 52-0983343
022 C000001     76986
022 D000001     78080
022 A000002 BANK OF AMERICA CORP
<PAGE>      PAGE  4
022 B000002 56-0906609
022 C000002     44820
022 D000002      8871
022 A000003 CREDIT SUISSE SECURITIES (USA) LLC
022 B000003 05-0546650
022 C000003     40969
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022 A000004 BLK LIQUIDITY FUNDS, T-FUND, INST. CLASS
022 B000004 52-0983343
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022 D000004     18117
022 A000005 DEUTSCHE BANK SECURITIES, INC.
022 B000005 13-2730828
022 C000005     25962
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022 A000006 BARCLAYS CAPITAL INC.
022 B000006 13-3297824
022 C000006     19125
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022 A000007 CITIGROUP GLOBAL MARKETS INC
022 B000007 11-2418191
022 C000007     27441
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022 A000008 GOLDMAN SACHS & CO
022 B000008 13-5108880
022 C000008     25811
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022 A000009 J.P. MORGAN SECURITIES INC
022 B000009 13-3299429
022 C000009     26498
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022 A000010 MORGAN STANLEY & CO INC
022 B000010 13-2655998
022 C000010     22412
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023 C000000     371570
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<PAGE>      PAGE  6
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080 A000000 FEDERAL INSURANCE COMPANY
080 B000000 St. Paul Fire & Marine Insurance Company
080 C000000    61550
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087 A020000 091941104
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SIGNATURE   NEAL J. ANDREWS
TITLE       CFO

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77O RULE 10F-3
<SEQUENCE>2
<FILENAME>77o14.txt
<TEXT>

                                                                          LOGO

 Rule 10f-3 Transaction Form

 Acquisition of Securities During Affiliated Underwritings


PARTICIPATING FUNDS

[_]  U.S. Registered Funds (Name of Fund, Aladdin Ticker):
     ISHARES EDGE U.S. FIXED INCOME BALANCED RISK ETF (ISHFIBR)
     ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF (ISHHYLD)
     BlackRock Floating Rate Income Trust (BGT2)
     BlackRock Core Bond Trust - High Yield (BHK-HYLD)
     BlackRock Defined Opportunity Credit Trust (BHL)
     BlackRock Multi-Sector Income Trust - High Yield (BIT-HYLD)
     BlackRock Limited Duration Income Trust - High Yield (BLW-HYLD)
     BlackRock Limited Duration Income Trust - Bank Loans (BLW-LOAN)
     BlackRock Floating Rate Income Portfolio (BR-FRI)
     BlackRock Funds II, High Yield Bond Portfolio (BR-HIYLD)
     BlackRock Multi-Asset Income - High Yield Portfolio (BR-INC-HY)
     BlackRock Multi-Asset Income - Passive High Yield Portfolio (BR-INC-PHY)
     BlackRock Credit Strategies Income - High Yield (BR-MSBHY)
     BlackRock Credit Allocation Income Trust (Preferred Sleeve) (BTZ-PREF)
     BlackRock High Yield Portfolio of BlackRock Series Fund, Inc (BVA-HI)
     BlackRock High Yield V.I. Fund (BVA-HY)
     BlackRock Debt Strategies Fund, Inc. (DSU)
     BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)
     BlackRock Corporate High Yield Fund, Inc. (HYT)
     MIST BlackRock High Yield Portfolio (MIST-HY)
     AST BlackRock Global Strategies Portfolio (US High Yield) (PRU-AA-HY)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                    10-06-2016
Offering Commencement:

Security Type:             BND/CORP

Issuer                     Gulfport Energy Corporation. (2024)

Selling Underwriter        Credit Suisse Securities (USA) LLC

Affiliated Underwriter(s)  [X] PNC Capital Markets LLC
                           [_] Other:

List of Underwriter(s)     Credit Suisse Securities (USA) LLC., Scotia Capital
                           (USA) Inc., Barclays Capital Inc, KeyBanc Capital
                           Markets Inc, Wells Fargo Securities,LLC,BNP Paribas
                           Securities Corp, BBVA Securities Inc, PNC Capital
                           Markets LLC, U.S. Bancorp Investments,Inc,IBERIA
                           Capital Partners L.L.C, Samuel A. Ramirez &
                           Company,Inc.

TRANSACTION DETAILS

Date of Purchase      10-06-2016

Purchase Price/Share
(PER SHARE / % OF PAR)  $100.00  Total Commission, Spread or Profit    1.43625%
                        --------                                       --------

                                                                    Page 1 of 2

                                                                          LOGO


<TABLE>
<S>                                                                  <C>
1.  Aggregate Principal Amount Purchased (a+b)                       $ 35,000,000
                                                                     ------------

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase)     $ 17,753,000

    b.  Other BlackRock Clients                                      $ 17,247,000

2.  Aggregate Principal Amount of Offering                           $650,000,000
                                                                     ------------
FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                    0.05385
</TABLE>

                                                                          LOGO

LEGAL REQUIREMENTS

OFFERING TYPE (CHECK ONE)

The securities fall into one of the following transaction types (see
Definitions):

[_] U.S. Registered Public Offering... [Issuer must have 3 years of continuous
                                       operations]

[X] Eligible Rule 144A Offering....... [Issuer must have 3 years of continuous
                                       operations]

[_] Eligible Municipal Securities

[_] Eligible Foreign Offering......... [Issuer must have 3 years of continuous
                                       operations]

[_] Government Securities Offering.... [Issuer must have 3 years of continuous
                                       operations]

TIMING AND PRICE (CHECK ONE OR BOTH)

[X] The securities were purchased before the end of the first day on which any
    sales were made, at a price that was not more than the price paid by each
    other purchaser of securities in that offering or in any concurrent
    offering of the securities; and

[_] If the securities are offered for subscription upon exercise of rights, the
    securities were purchased on or before the fourth day before the day on
    which the rights offering terminated.

FIRM COMMITMENT OFFERING (CHECK ONE)

[X]  YES  The securities were offered pursuant to an underwriting or similar
[_]  NO   agreement under which the underwriters were committed to purchase
          all of the securities being offered, except those purchased by
          others pursuant to a rights offering, if the underwriters purchased
          any of the securities.

NO BENEFIT TO AFFILIATED UNDERWRITER (CHECK ONE)

[X]  YES  No affiliated underwriter was a direct or indirect participant in,
[_]  NO   or benefited directly or indirectly from, the transaction.


Completed by:            Dillip Behera                   Date:  10-13-2016
                         ------------------------------         ---------------
                         Global Syndicate Team Member

Approved by:             Steven DeLaura                  Date:  10-13-2016
                         ------------------------------         ---------------
                         Global Syndicate Team Member

                                                                          LOGO

DEFINITIONS

<TABLE>
<CAPTION>
TERM                       DEFINITION
<S>                        <C>
Fund Ratio                 Number appearing at the bottom of page 1 of 2 of
                           the Rule 10f-3 Report form. It is the sum of the
                           Funds' participation in the offering by the Funds
                           and other accounts managed by BlackRock divided by
                           the total amount of the offering.

Eligible Foreign Offering  The securities are sold in a public offering
                           conducted under the laws of a country other than
                           the United States and

                           (a) the offering is subject to regulation in such
                               country by a "foreign financial regulatory
                               authority," as defined in Section 2(a)(50) of
                               the Investment Company Act of 1940;

                           (b) the securities were offered at a fixed price to
                               all purchasers in the offering (except for any
                               rights to purchase securities that are required
                               by law to be granted to existing security
                               holders of the issuer);

                           (c) financial statements, prepared and audited as
                               required or permitted by the appropriate
                               foreign financial regulatory authority in such
                               country, for the two years prior to the
                               offering, were made available to the public and
                               prospective purchasers in connection with the
                               offering; and

                           (d) if the issuer is a "domestic issuer," i.e.,
                               other than a foreign government, a national of
                               any foreign country, or a corporation or other
                               organization incorporated or organized under
                               the laws of any foreign country, it (1) has a
                               class of securities registered pursuant to
                               section 12(b) or 12(g) of the Securities
                               Exchange Act of 1934 or is required to file
                               reports pursuant to section 15(d) of that act,
                               and (2) has filed all the material required to
                               be filed pursuant to section 13(a) or 15(d) of
                               that act for a period of at least 12 months
                               immediately preceding the sale of securities
                               (or for such shorter period that the issuer was
                               required to file such material)
</TABLE>

                                                                          LOGO

<TABLE>
<CAPTION>
TERM                              DEFINITION
<S>                               <C>
Eligible Municipal Securities     The securities:

                                  (a) are direct obligations of, or obligations
                                      guaranteed as to principal or interest by,
                                      a State or any political subdivision
                                      thereof, or any agency or instrumentality
                                      of a State or any political subdivision
                                      thereof, or any municipal corporate
                                      instrumentality of one or more States, or
                                      any security which is an industrial
                                      development bond (as defined in section
                                      103(c)(2) of Title 26) the interest on
                                      which is excludable from gross income
                                      under certain provisions of the Internal
                                      Revenue Code;

                                  (b) are sufficiently liquid that they can be
                                      sold at or near their carrying value
                                      within a reasonably short period of time;
                                      and

                                  (c) either

                                      (1)  are subject to no greater than
                                           moderate credit risk; or

                                      (2)  if the issuer of the municipal
                                           securities, or the entity supplying
                                           the revenues or other payments from
                                           which the issue is to be paid, has
                                           been in continuous operation for less
                                           than three years, including the
                                           operation of any predecessors, the
                                           securities are subject to a minimal
                                           or low amount of credit risk.

                                  Also, purchases of municipal securities may
                                  not be designated as group sales or otherwise
                                  allocated to the account of any prohibited
                                  seller (i.e., an affiliated underwriter).

Eligible Rule 144A Offering       The securities are sold in an offering where

                                  (a) the securities are offered or sold in
                                      transactions exempt from registration
                                      under Section 4(2) of the Securities Act
                                      of 1933, Rule 144A thereunder, or Rules
                                      501-508 thereunder;

                                  (b) the securities were sold to persons that
                                      the seller and any person acting on behalf
                                      of the seller reasonably believe to
                                      include qualified institutional buyers, as
                                      defined in Rule 144A ("QIBs"); and

                                  (c) the seller and any person acting on behalf
                                      of the seller reasonably believe that the
                                      securities are eligible for resale to
                                      other QIBs pursuant to Rule 144A.

Government Securities Offering    The security is issued or guaranteed as to
                                  principal or interest by the United States, or
                                  by a person controlled or supervised by and
                                  acting as an instrumentality of the Government
                                  of the United States pursuant to authority
                                  granted by the Congress of the United States;
                                  or any certificate of deposit for any of the
                                  foregoing.

U.S. Registered Public Offering.  The securities offered are registered under
                                  the Securities Act of 1933 that are being
                                  offered to the public.
</TABLE>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>3
<FILENAME>tax377b.txt
<TEXT>
<PAGE>

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and Board of Trustees of BlackRock Credit Allocation Income
Trust, BlackRock Floating Rate Income Trust, and BlackRock Multi-Sector Income
Trust:

In planning and performing our audits of the financial statements of BlackRock
Credit Allocation Income Trust, BlackRock Floating Rate Income Trust, and
BlackRock Multi-Sector Income Trust (collectively, the "Trusts"), as of and for
the year ended October 31, 2016, in accordance with the standards of the Public
Company Accounting Oversight Board (United States), we considered the Trusts'
internal control over financial reporting, including controls over safeguarding
securities, as a basis for designing our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, but not for the purpose of expressing an opinion on
the effectiveness of the Trusts' internal control over financial reporting.
Accordingly, we express no such opinion.

The management of the Trusts is responsible for establishing and maintaining
effective internal control over financial reporting. In fulfilling this
responsibility, estimates and judgments by management are required to assess
the expected benefits and related costs of controls. A trust's internal control
over financial reporting is a process designed 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. A trust's internal control over financial
reporting includes those policies and procedures that (1) pertain to the
maintenance of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of the trust;
(2) provide reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the trust
are being made only in accordance with authorizations of management and
trustees of the trust; and (3) provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use, or disposition
of a trust's assets that could have a material effect on the financial
statements.

Because of its inherent limitations, internal control over financial reporting
may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may
become inadequate because of changes in conditions or that the degree of
compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the
design or operation of a control does not allow management or employees, in the
normal course of performing their assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial reporting, such
that there is a reasonable possibility that a material misstatement of the
trusts' annual or interim financial statements will not be prevented or
detected on a timely basis.

Our consideration of the Trusts' internal control over financial reporting was
for the limited purpose described in the first paragraph and would not
necessarily disclose all deficiencies in internal control that might be
material weaknesses under standards established by the Public Company
Accounting Oversight Board (United States). However, we noted no deficiencies
in the Trusts' internal control over financial reporting and their operation,
including controls for safeguarding securities that we consider to be a
material weakness, as defined above, as of October 31, 2016.

This report is intended solely for the information and use of management and
the Board of Trustees of the BlackRock Credit Allocation Income Trust,
BlackRock Floating Rate Income Trust, and BlackRock Multi-Sector Income Trust
and the Securities and Exchange Commission and is not intended to be and should
not be used by anyone other than these specified parties.

/s/ Deloitte & Touche LLP
Boston, Massachusetts
December 22, 2016
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
