NYSE:FRA

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

$12.04

+0.13 (+1.09%)

(As of 02/2/2023 10:34 AM ET)

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Today's Range: $11.94
▼
$12.04
50-Day Range: $11.20
▼
$11.95
52-Week Range: $10.92
▼
$14.42

Volume: 14,881 shs
Average Volume: 117,095 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 0.06%
Price Target: N/A

Institutional Ownership

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

January 25, 2023 | morningstar.com

BlackRock Floating Rate Income Instl

January 22, 2023 | morningstar.com

BlackRock Floating Rate Income K

February 2, 2023 | PressReach (Ad)

Stocks Positioned For The Year

This breakthrough stock has bright future this decade.

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

February 2, 2023 | PressReach (Ad)

Stocks Positioned For The Year

This breakthrough stock has bright future this decade.

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)

September 28, 2021 | nasdaq.com

These 560 Investments Pay 6%+ Dividends (with 79% Payout Growth)

April 8, 2021 | seekingalpha.com

BlackRock Floating Rate Income Strategies Fund declares $0.0667 dividend

May 23, 2020 | www.nasdaq.com

FRA Blackrock Floating Rate Income Strategies Fund Inc Common Stock

March 19, 2020 | www.barrons.com

BlackRock Floating Rate Income Strategies Fund Inc.

March 12, 2020 | seekingalpha.com

BlackRock Floating Rate Income Strategies Fund goes ex-dividend tomorrow

December 31, 2019 | finance.yahoo.com

BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)

November 20, 2019 | finance.yahoo.com

High Yield from a Floating Rate Strategy

October 28, 2019 | seekingalpha.com

Assessing If The Time Is Right To Get Into Floating Rate

October 3, 2019 | markets.ft.com

BlackRock Floating Rate Income Strategies Fund Inc

February 6, 2019 | www.nasdaq.com

You’ll Never Guess: These 6%+ Yields Could Return 20%, Fast

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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FRA Company Calendar

Ex-Dividend for 12/22 Dividend: 12/14/2022
Dividend Payable: 12/22/2022
Ex-Dividend for 1/31 Dividend: 1/12/2023
Dividend Payable: 1/31/2023
Today: 2/02/2023

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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: $-25,877,303.00
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

Insiders & Institutions

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 shares have increased by 5.8% and is now trading at $11.91.
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 increase in short interest during the month of December. As of December 30th, there was short interest totaling 10,000 shares, an increase of 42.9% from the December 15th total of 7,000 shares. Based on an average daily trading volume, of 135,800 shares, the short-interest ratio is currently 0.1 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 declared a monthly dividend on Tuesday, January 3rd. Shareholders of record on Friday, January 13th will be given a dividend of $0.0804 per share on Tuesday, January 31st. This represents a $0.96 dividend on an annualized basis and a yield of 8.10%. The ex-dividend date is Thursday, January 12th.
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 $0.85 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 a variety of retail and institutional investors. Top institutional investors include Byrne Asset Management LLC (0.00%), Congress Park Capital LLC (0.00%), Melfa Wealth Management LLC (0.00%), Shufro Rose & Co. LLC (0.00%), Wolverine Asset Management LLC (0.00%) and Waterfront Wealth Inc. (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 $11.91.
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 2/2/2023 by MarketBeat.com Staff

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