Blackrock Floating Rate Income Strategies Fund (FRA) stock price, chart and financials
Price chart
Financials
- Revenue (quarter)
- $17.7M
- Net income (quarter)
- $1.2M
- Net margin
- 36.83%
- Return on equity
- 3.41%
- Book value per share
- $11.38
- Price to book
- 0.89
- Debt to assets
- 23.23%
- Payout ratio
- 215.20%
- Dividend yield
- 14.63%
Company profile
Blackrock Floating Rate Inc Stra Fd Inc is a closed-end management investment company. Its 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 of floating rate debt securities and instruments. The Fund seeks to achieve its investment objective by investing, under normal market conditions, 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 (such as the last day of a month or calendar quarter).
Frequently asked questions
Is Blackrock Floating Rate Income Strategies Fund (FRA) profitable?
Yes. Blackrock Floating Rate Income Strategies Fund earned $14.4M in net income over the trailing twelve months, a net margin of 36.83%.
How much revenue does Blackrock Floating Rate Income Strategies Fund (FRA) make?
Blackrock Floating Rate Income Strategies Fund generated $39.1M in revenue over the trailing twelve months, down 20.63% year over year.
What is FRA's P/E ratio?
Blackrock Floating Rate Income Strategies Fund trades at 25.0 times trailing twelve-month earnings, on an EPS of $0.41.
How do I buy stock in Blackrock Floating Rate Income Strategies Fund (FRA)?
FRA trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at Light Horse Dashboard, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.
Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
