<SEC-DOCUMENT>0000844779-17-000455.txt : 20171226
<SEC-HEADER>0000844779-17-000455.hdr.sgml : 20171226
<ACCEPTANCE-DATETIME>20171226164007
ACCESSION NUMBER:		0000844779-17-000455
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20171031
FILED AS OF DATE:		20171226
DATE AS OF CHANGE:		20171226
EFFECTIVENESS DATE:		20171226

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:		171274725

	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 10/31/2017
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
007 C010100  1
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 and Trust Company
<PAGE>      PAGE  2
015 B000001 C
015 C010001 Boston
015 C020001 MA
015 C030001 02111
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
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015 D010004 HUNGARY
015 E040004 X
015 A000005 DEUTSCHE BANK
015 B000005 S
015 C010005 MILAN
015 D010005 ITALY
015 E040005 X
015 A000006 HSBC JAPAN
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015 C010006 TOKYO
015 D010006 JAPAN
015 E040006 X
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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
015 E040009 X
015 A000010 SEB NORWAY
015 B000010 S
015 C010010 OSLO
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015 A000011 CITIBANK SINGAPORE
<PAGE>      PAGE  3
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015 E040012 X
015 A000013 CREDIT SUISSE ZURICH
015 B000013 S
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015 D010013 SWITZERLAND
015 E040013 X
015 A000014 STATE STREET TRUST CO CDA CDSX
015 B000014 S
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015 D010014 CANADA
015 E040014 X
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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 E040016 X
015 A000017 STATE STREET BANK LONDON - PHYSICAL
015 B000017 S
015 C010017 LONDON
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018  000000 Y
019 A000000 Y
019 B000000  274
019 C000000 BLKRKADVSR
020 A000001 BANK OF AMERICA CORP
020 B000001 56-0906609
020 C000001      1
020 A000002 GOLDMAN SACHS & CO
020 B000002 13-5108880
020 C000002      1
021  000000        2
022 A000001 BLK LIQUIDITY FUNDS, T-FUND, INST. CLASS
022 B000001 52-0983343
022 C000001    206601
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022 A000002 BANK OF AMERICA CORP
022 B000002 56-0906609
<PAGE>      PAGE  4
022 C000002     57256
022 D000002     19441
022 A000003 GOLDMAN SACHS & CO
022 B000003 13-5108880
022 C000003     40034
022 D000003     17620
022 A000004 J.P. MORGAN SECURITIES INC
022 B000004 13-3299429
022 C000004     40831
022 D000004     13366
022 A000005 MORGAN STANLEY & CO INC
022 B000005 13-2655998
022 C000005     36083
022 D000005     13032
022 A000006 CITIGROUP GLOBAL MARKETS INC
022 B000006 11-2418191
022 C000006     27702
022 D000006     16270
022 A000007 CREDIT SUISSE SECURITIES (USA) LLC
022 B000007 05-0546650
022 C000007     31647
022 D000007     10581
022 A000008 BARCLAYS CAPITAL INC.
022 B000008 13-3297824
022 C000008     27188
022 D000008     11721
022 A000009 DEUTSCHE BANK AG
022 B000009 13-2944988
022 C000009     19907
022 D000009     11771
022 A000010 JEFFERIES & COMPANY, INC.
022 B000010 95-2622990
022 C000010     14234
022 D000010      4835
023 C000000     544835
023 D000000     345232
024  000000 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 N
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  8
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080 A000000 Federal Insurance Company
080 B000000 St. Paul Fire & Marine Ins. Co.
080 C000000    60650
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087 A020000 091941104
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088 A000000 N
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SIGNATURE   NEAL J. ANDREWS
TITLE       CFO

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>2
<FILENAME>77BTAX3.txt
<TEXT>

 LOGO                                              DELOITTE & TOUCHE LLP

                                                   200 Berkeley St
                                                   Boston, MA 02116
                                                   USA

                                                   Tel: (781) 437-2000
                                                   Fax: (781) 437-2000
                                                   www.deloitte.com

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 "Funds"), as of and for
the year ended October 31, 2017, in accordance with the standards of the Public
Company Accounting Oversight Board (United States) (PCAOB), we considered the
Funds' 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 Funds' internal control over financial
reporting. Accordingly, we express no such opinion.

The management of the Funds 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 fund'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 fund'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 fund;
(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 fund
are being made only in accordance with authorizations of management and
directors of the fund; and (3) provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use, or disposition
of a fund'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
fund's annual or interim financial statements will not be prevented or detected
on a timely basis.

Our consideration of the Funds' 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 PCAOB. However, we noted
no deficiencies in the Funds' 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, 2017.

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.

Deloitte & Touche LLP
Boston, Massachusetts
December 21, 2017
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77O RULE 10F-3
<SEQUENCE>3
<FILENAME>77o4.txt
<TEXT>
<PAGE>

                                                            [LOGO OF BLACKROCK]

Rule 10f-3 Transaction Form

Acquisition of Securities During Affiliated Underwritings

PARTICIPATING FUNDS

..   U.S. Registered Funds (Name of Fund, Aladdin Ticker):
    ISHARES GLOBAL HIGH YIELD CORPORATE BOND ETF (ISHGHYG)
    ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF (ISHHYLD)
    ISHARES CORE TOTAL USD BOND MARKET ETF (ISHIUSB)
    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, BlackRock Global Long/Short Credit Fund (BR-GC)
    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)
    JNL/BlackRock Global Long Short Credit Fund (SMF_CC-GC)

THE OFFERING

KEY CHARACTERISTICS (COMPLETE ALL FIELDS)

Date of                    12-15-2016
Offering Commencement:

Security Type:             BND/CORP

Issuer                     Gulfport Energy Corporation (2025)

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., PNC Capital Markets LLC, Wells Fargo
                           Securities, LLC, Merrill Lynch, Pierce, Fenner &
                           Smith Incorporated, Morgan Stanley & Co. LLC, BBVA
                           Securities Inc., U.S. Bancorp Investments, Inc.,
                           IBERIA Capital Partners L.L.C., Samuel A. Ramirez &
                           Company, Inc., BOK Financial Securities, Inc.

                                                                    Page 1 of 2

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]


TRANSACTION DETAILS

Date of Purchase           12-15-2016

Purchase Price/Share
(PER SHARE / % OF PAR)     $100 Total Commission, Spread or Profit   1.440%

<TABLE>
<S>                                                                <C>
1.  Aggregate Principal Amount Purchased (a+b)                     $ 50,000,000

    a.  US Registered Funds
        (Appendix attached with individual Fund/Client purchase)   $ 28,362,000

    b.  Other BlackRock Clients                                    $ 21,638,000

2.  Aggregate Principal Amount of Offering                         $600,000,000

FUND RATIO
[Divide Sum of #1 by #2]
Must be less than 0.25                                                  0.08333
</TABLE>

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

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, or
[_] NO   benefited directly or indirectly from, the transaction.

Completed by:             Dipankar Banerjee                 Date:   12-21-2016
                          --------------------------------         ------------
                          Global Syndicate Team Member

Approved by:              Steven DeLaura                    Date:   12-21-2016
                          --------------------------------         ------------
                          Global Syndicate Team Member

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

DEFINITIONS

TERM                           DEFINITION
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)

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

TERM                           DEFINITION
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.

<PAGE>

Rule 10f-3 Report - Definitions                            [LOGO OF BLACKROCK]

TERM                              DEFINITION
U.S. Registered Public Offering.  The securities offered are registered under
                                  the Securities Act of 1933 that are being
                                  offered to the public.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
