The Blackstone/GSO Floating Rate Enhanced Income Fund (BGFTX) is a mutual fund that seeks to provide investors with a high level of current income by investing in a diversified portfolio of floating rate loans and other floating rate debt securities. The fund is managed by Blackstone/GSO, a leading global alternative asset management firm, and aims to enhance income through active management and opportunistic investments. With a focus on floating rate securities, the fund aims to provide investors with protection against rising interest rates.