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S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
Graphite versus Lithium - What Investors Should Know (Ad)
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Graphite versus Lithium - What Investors Should Know (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
6 Best Online and Direct Marketing Retail Stocks to Invest in
Will Airline Stocks Recover? What is the Outlook?
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
Graphite versus Lithium - What Investors Should Know (Ad)
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
Graphite versus Lithium - What Investors Should Know (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
6 Best Online and Direct Marketing Retail Stocks to Invest in
Will Airline Stocks Recover? What is the Outlook?
NYSE:FRA

BlackRock Floating Rate Income Strategies Fund (FRA) Stock Forecast, Price & News

$11.84
-0.12 (-1.00%)
(As of 06/8/2023 ET)
Compare
Today's Range
$11.83
▼
$11.99
50-Day Range
$11.47
▼
$12.01
52-Week Range
$10.92
▼
$12.79
Volume
130,530 shs
Average Volume
135,810 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
8.45%
Price Target
N/A
ProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

FRA stock logo

About BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) Stock

BlackRock Floating Rate Income Strategies Fund, Inc. operates as a closed-end investment fund. It intends to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting of floating rate debt securities and instruments. The company was founded on August 14, 2003 and is headquartered in Wilmington, DE.

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FRA Stock News Headlines

May 25, 2023 | marketbeat.com
5 Floating-Rate Funds Paying Up to 11.7% at Big Discounts
June 7, 2023 | fool.com
BlackRock Floating Rate Income Trust (NYSE: BGT)
June 9, 2023 | Edge On The Street (Ad)
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
June 7, 2023 | americanbankingnews.com
BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Declares Monthly Dividend of $0.12
June 5, 2023 | msn.com
FRA: Another Distribution Increase
May 9, 2023 | msn.com
BlackRock Floating Rate Income Trust Fund declares $0.1083 dividend
May 5, 2023 | americanbankingnews.com
BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) To Go Ex-Dividend on May 12th
May 3, 2023 | msn.com
Blackrock Floating Rate Income Strategies Fund (FRA) Declares $0.11 Dividend
June 9, 2023 | Edge On The Street (Ad)
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
April 20, 2023 | msn.com
3 BlackRock Mutual Funds to Reduce Risk in Volatile Markets
April 6, 2023 | americanbankingnews.com
BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) to Issue $0.11 Monthly Dividend
February 16, 2023 | msn.com
Investors should 'judiciously' embrace risk and split between growth and value, says a BlackRock fund manager
January 25, 2023 | morningstar.com
BlackRock Floating Rate Income Instl
January 22, 2023 | morningstar.com
BlackRock Floating Rate Income K
January 18, 2023 | msn.com
There'll be a reckoning for investors who haven't realized the Fed's got a whole new playbook, says BlackRock iShares strategist
January 12, 2023 | msn.com
If You Invested $1000 in BlackRock a Decade Ago, This is How Much It'd Be Worth Now
January 7, 2023 | msn.com
BlackRock Floating Rate Income Strategies Fund declares $0.0804 dividend
December 17, 2022 | seekingalpha.com
BRLN BlackRock Floating Rate Loan ETF
December 9, 2022 | msn.com
Blackrock Floating Rate: Dividend Insights
October 12, 2022 | money.usnews.com
BlackRock's Fink Defends Energy Investments Amid Criticism From 'Left and Right'
September 24, 2022 | fool.com
BlackRock Floating Rate Income Strategies Fund (NYSE: FRA)
August 12, 2022 | finance.yahoo.com
Travel Woes in Europe Won’t End This Summer
August 9, 2022 | msn.com
BlackRock Says There Is No 'Soft-Landing': Central Banks Will Have To Plunge Economy Into A Deep Recession To Stop Inflation
August 9, 2022 | msn.com
The market is driving toward stagflation and investors should seek safety in low-volatility stocks and fixed income, BlackRock says
July 17, 2022 | barrons.com
BlackRock’s Earnings Sink but Inflows Surge in Second Quarter
January 23, 2022 | nasdaq.com
Blackrock Floating Rate Income Strategies Fund Inc Common Stock (FRA)
October 15, 2021 | investing.com
BlackRock Floating Rate Income Strategies Closed Fund (FRA)
See More Headlines

FRA Price History

FRA Company Calendar

Ex-Dividend for 5/31 Dividend
5/12/2023
Dividend Payable
5/31/2023
Today
6/08/2023
Ex-Dividend for 6/30 Dividend
6/14/2023
Dividend Payable
6/30/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Investment Trusts & Mutual Funds
Sub-Industry
N/A
Sector
Miscellaneous
Current Symbol
NYSE:FRA
CUSIP
N/A
CIK
1259708
Web
www.blackrock.com
Phone
(800) 882-0052
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$-8,984,040.00
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
N/A

Key Executives

  • John M. Perlowski
    President, Chief Executive Officer & Director
  • Trent W. Walker
    Chief Financial Officer
  • Charles C. S. Park
    Chief Compliance Officer
  • Jonathan Diorio
    Vice President
  • Jay M. Fife
    Treasurer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













FRA Stock - Frequently Asked Questions

How have FRA shares performed in 2023?

BlackRock Floating Rate Income Strategies Fund's stock was trading at $11.26 at the beginning of the year. Since then, FRA stock has increased by 5.2% and is now trading at $11.84.
View the best growth stocks for 2023 here.

Are investors shorting BlackRock Floating Rate Income Strategies Fund?

BlackRock Floating Rate Income Strategies Fund saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 57,400 shares, a drop of 52.4% from the April 30th total of 120,500 shares. Based on an average daily volume of 153,200 shares, the days-to-cover ratio is currently 0.4 days.
View BlackRock Floating Rate Income Strategies Fund's Short Interest.

How often does BlackRock Floating Rate Income Strategies Fund pay dividends? What is the dividend yield for BlackRock Floating Rate Income Strategies Fund?

BlackRock Floating Rate Income Strategies Fund announced a monthly dividend on Monday, June 5th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.117 per share on Friday, June 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 11.86%. The ex-dividend date is Wednesday, June 14th. This is an increase from the stock's previous monthly dividend of $0.11.
Read our dividend analysis for FRA.

What ETFs hold BlackRock Floating Rate Income Strategies Fund's stock?

ETFs with the largest weight of BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) stock in their portfolio include Virtus Private Credit Strategy ETF (VPC).Invesco CEF Income Composite ETF (PCEF).

Is BlackRock Floating Rate Income Strategies Fund a good dividend stock?

BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.06%.
Read our dividend analysis for FRA.

What is Stefan Schulte's approval rating as BlackRock Floating Rate Income Strategies Fund's CEO?

27 employees have rated BlackRock Floating Rate Income Strategies Fund Chief Executive Officer Stefan Schulte on Glassdoor.com. Stefan Schulte has an approval rating of 77% among the company's employees.

What other stocks do shareholders of BlackRock Floating Rate Income Strategies Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock Floating Rate Income Strategies Fund investors own include AT&T (T), Verizon Communications (VZ), AllianceBernstein Global High Income Fund (AWF), New Residential Investment (NRZ), PIMCO Dynamic Credit and Mortgage Income Fund (PCI), Exxon Mobil (XOM), AbbVie (ABBV), Enterprise Products Partners (EPD), Nuveen Preferred Securities Income Fund (JPS) and Ladder Capital (LADR).

What is BlackRock Floating Rate Income Strategies Fund's stock symbol?

BlackRock Floating Rate Income Strategies Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRA."

Who are BlackRock Floating Rate Income Strategies Fund's major shareholders?

BlackRock Floating Rate Income Strategies Fund's stock is owned by many different retail and institutional investors. Top institutional investors include Relative Value Partners Group LLC (0.00%), LPL Financial LLC (0.00%), Guggenheim Capital LLC (0.00%), Wagner Wealth Management LLC (0.00%), Advisors Asset Management Inc. (0.00%) and Truist Financial Corp (0.00%).
View institutional ownership trends.

How do I buy shares of BlackRock Floating Rate Income Strategies Fund?

Shares of FRA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BlackRock Floating Rate Income Strategies Fund's stock price today?

One share of FRA stock can currently be purchased for approximately $11.84.

How can I contact BlackRock Floating Rate Income Strategies Fund?

BlackRock Floating Rate Income Strategies Fund's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The official website for the company is www.blackrock.com. The investment management company can be reached via phone at (800) 882-0052.

This page (NYSE:FRA) was last updated on 6/9/2023 by MarketBeat.com Staff

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