BlackRock Floating Rate Income Strat. Fn Stock Price, News & Analysis (NYSE:FRA)

$14.18 0.01 (0.07 %)
(As of 01/19/2018 04:00 PM ET)
Previous Close$14.18
Today's Range$14.08 - $14.21
52-Week Range$13.70 - $14.85
Volume125,017 shs
Average Volume181,294 shs
Market Capitalization$526.10 million
P/E RatioN/A
Dividend Yield5.16%
Beta0.38

About BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)

BlackRock Floating Rate Income Strategies Fund, Inc. is a diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments. It seeks to achieve its investment objective by investing at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a specified interest rate changes and/or which reset on predetermined dates. It invests a substantial portion of its investments in floating rate debt securities consisting of secured or unsecured senior floating rate loans that are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality. Its investment advisor is BlackRock Advisors, LLC.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorClosed End Funds
SymbolNYSE:FRA
CUSIPN/A
Phone+1-800-4417762

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares37,230,000

BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) Frequently Asked Questions

What is BlackRock Floating Rate Income Strat. Fn's stock symbol?

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

How often does BlackRock Floating Rate Income Strat. Fn pay dividends? What is the dividend yield for BlackRock Floating Rate Income Strat. Fn?

BlackRock Floating Rate Income Strat. Fn declared a monthly dividend on Wednesday, December 20th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.061 per share on Tuesday, January 9th. This represents a $0.73 annualized dividend and a yield of 5.16%. The ex-dividend date is Thursday, December 28th. View BlackRock Floating Rate Income Strat. Fn's Dividend History.

Who are some of BlackRock Floating Rate Income Strat. Fn's key competitors?

Who are BlackRock Floating Rate Income Strat. Fn's key executives?

BlackRock Floating Rate Income Strat. Fn's management team includes the folowing people:

  • Richard E. Cavanagh, Independent Chairman of the Board of Trustees (Age 71)
  • John M. Perlowski, President, Chief Executive Officer, Trustee (Age 53)
  • Karen P. Robards, Independent Vice Chairman of the Board of Trustees (Age 67)
  • Neal J. Andrews, Chief Financial Officer (Age 51)
  • Charles Park J.D., Chief Compliance Officer (“CCO”) and Anti-Money Laundering Officer (Age 50)
  • Robert W. Crothers, Vice President (Age 36)
  • Jay M. Fife, Treasurer (Age 47)
  • Janey Ahn, Secretary (Age 42)
  • Michael J. Castellano, Independent Trustee (Age 71)
  • Frank J. Fabozzi CPA, Independent Trustee (Age 69)

Who owns BlackRock Floating Rate Income Strat. Fn stock?

BlackRock Floating Rate Income Strat. Fn's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Coastline Trust Co (0.31%) and Hollencrest Capital Management (0.05%). View Institutional Ownership Trends for BlackRock Floating Rate Income Strat. Fn.

Who bought BlackRock Floating Rate Income Strat. Fn stock? Who is buying BlackRock Floating Rate Income Strat. Fn stock?

BlackRock Floating Rate Income Strat. Fn's stock was purchased by a variety of institutional investors in the last quarter, including Hollencrest Capital Management and Coastline Trust Co. View Insider Buying and Selling for BlackRock Floating Rate Income Strat. Fn.

How do I buy BlackRock Floating Rate Income Strat. Fn stock?

Shares of BlackRock Floating Rate Income Strat. Fn can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackRock Floating Rate Income Strat. Fn's stock price today?

One share of BlackRock Floating Rate Income Strat. Fn stock can currently be purchased for approximately $14.18.

How big of a company is BlackRock Floating Rate Income Strat. Fn?

BlackRock Floating Rate Income Strat. Fn has a market capitalization of $526.10 million.

How can I contact BlackRock Floating Rate Income Strat. Fn?

BlackRock Floating Rate Income Strat. Fn's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The investment management company can be reached via phone at +1-800-4417762.


MarketBeat Community Rating for BlackRock Floating Rate Income Strat. Fn (FRA)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  27 (Vote Outperform)
Underperform Votes:  30 (Vote Underperform)
Total Votes:  57
MarketBeat's community ratings are surveys of what our community members think about BlackRock Floating Rate Income Strat. Fn and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) Dividend Information

Most Recent Dividend:1/9/2018
Annual Dividend:$0.73
Dividend Yield:5.15%
Dividend Growth:-7.30% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)

BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/20/2017monthly$0.065.28%12/28/201712/29/20171/9/2018
12/4/2017monthly$0.065.28%12/11/201712/12/201712/19/2017
11/2/2017monthly$0.065.17%11/14/201711/15/201711/30/2017
10/3/2017monthly$0.065.09%10/13/201710/16/201710/31/2017
9/5/2017monthly$0.065.22%9/14/20179/15/20179/29/2017
8/3/2017monthly$0.065.19%8/11/20178/15/20178/31/2017
7/5/2017monthly$0.065.2%7/12/20177/14/20177/31/2017
6/2/2017monthly$0.065.08%6/13/20176/15/20176/30/2017
5/2/2017monthly$0.065.05%5/11/20175/15/20175/31/2017
4/4/2017monthly$0.065.08%4/11/20174/13/20174/28/2017
3/2/2017monthly$0.064.97%3/13/20173/15/20173/31/2017
2/15/2017monthly$0.064.96%2/13/20172/15/20172/28/2017
12/20/2016monthly$0.065.14%12/28/201612/30/20161/9/2017
7/2/2015monthly$0.075.96%7/13/20157/15/20157/31/2015
6/2/2015monthly$0.075.88%6/11/20156/15/20156/30/2015
5/4/2015monthly$0.075.79%5/13/20155/15/20155/29/2015
4/2/2015monthly$0.075.84%4/13/20154/15/20154/30/2015
3/3/2015monthly$0.075.81%3/11/20153/13/20153/31/2015
2/3/2015monthly$0.076.04%2/11/20152/13/20152/27/2015
12/23/2014monthly$0.076.07%12/29/201412/31/20141/9/2015
12/2/2014monthly$0.075.95%12/10/201412/12/201412/19/2014
11/4/2014monthly$0.075.93%11/12/201411/14/201411/28/2014
10/2/2014monthly$0.075.81%10/10/201410/15/201410/31/2014
9/4/2014monthly$0.075.88%9/11/20149/15/20149/30/2014
8/4/2014monthly$0.075.89%8/13/20148/15/20148/29/2014
7/2/2014monthly$0.075.81%7/11/20147/15/20147/31/2014
6/3/2014monthly$0.075.86%6/12/20146/16/20146/30/2014
5/2/2014monthly$0.075.83%5/13/20145/15/20145/30/2014
4/2/2014monthly$0.075.81%4/11/20144/15/20144/30/2014
3/4/2014monthly$0.075.71%3/12/20143/14/20143/31/2014
2/4/2014monthly$0.021.55%2/12/20142/14/20142/28/2014
12/20/2013special$0.026.25%12/27/201312/31/20131/8/2014
12/20/2013monthly$0.086.25%12/27/201312/31/20131/8/2014
12/3/2013monthly$0.086.2%12/11/201312/13/201312/19/2013
11/4/2013monthly$0.086.23%11/13/201311/15/201311/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

BlackRock Floating Rate Income Strat. Fn (NYSE FRA) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)
Insider Trades by Quarter for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)

BlackRock Floating Rate Income Strat. Fn (NYSE FRA) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/25/2015Leland HartPortfolio ManagerBuy7,000$12.81$89,670.0026,740View SEC Filing  
10/9/2013Leland HartPortfolio ManagerBuy7,000$14.41$100,870.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

BlackRock Floating Rate Income Strat. Fn (NYSE FRA) News Headlines

Source:

SEC Filings

BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

BlackRock Floating Rate Income Strat. Fn (NYSE FRA) Stock Chart for Saturday, January, 20, 2018

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This page was last updated on 1/20/2018 by MarketBeat.com Staff

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