NYSE:FRA

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

$13.19
-0.07 (-0.53%)
(As of 11:21 AM ET)
Today's Range
$13.17
$13.25
50-Day Range
$12.77
$13.32
52-Week Range
$11.43
$13.34
Volume
50,363 shs
Average Volume
151,652 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
10.92%
Price Target
N/A
FRA stock logo

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

BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.

FRA Stock Price History

FRA Stock News Headlines

Expert Outlook: BlackRock Through The Eyes Of 5 Analysts
Blackrock Floating Rate Income Strategies Fund Inc
FRA: Another Distribution Increase
BlackRock Floating Rate Income Instl
BlackRock Floating Rate Income K
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/12/2024
Dividend Payable
4/30/2024
Ex-Dividend for 5/31 Dividend
5/14/2024
Today
5/20/2024
Dividend Payable
5/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$63.00 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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FRA Stock Analysis - Frequently Asked Questions

How have FRA shares performed in 2024?

BlackRock Floating Rate Income Strategies Fund's stock was trading at $12.66 at the start of the year. Since then, FRA stock has increased by 4.7% and is now trading at $13.26.
View the best growth stocks for 2024 here
.

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 Wednesday, May 1st. Investors of record on Wednesday, May 15th will be given a dividend of $0.1238 per share on Friday, May 31st. This represents a $1.49 annualized dividend and a dividend yield of 11.21%. The ex-dividend date of this dividend is Tuesday, May 14th.
Read our dividend analysis for FRA
.

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

BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) pays an annual dividend of $1.44 per share and currently has a dividend yield of 0.06%.
Read our dividend analysis for FRA.

What ETF holds BlackRock Floating Rate Income Strategies Fund's stock?

Virtus Private Credit Strategy ETF holds 53,319 shares of FRA stock, representing 1.47% of its portfolio.

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

BlackRock Floating Rate Income Strategies Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Marathon Strategic Advisors LLC (0.00%), Graypoint LLC (0.00%), Byrne Asset Management LLC (0.00%), Commonwealth Equity Services LLC (0.00%) and Congress Park Capital LLC (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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FRA) was last updated on 5/20/2024 by MarketBeat.com Staff

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