BlackRock Floating Rate Income Strategies Closed Fund (FRA)

NYSE
Currency in USD
12.93
+0.02(+0.15%)
Real-time Data·
FRA Scorecard
Full Analysis
Pays a significant dividend to shareholders
High dividend Yield
Fair Value
Day's Range
12.9012.95
52 wk Range
10.9014.50
Key Statistics
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Prev. Close
12.91
Open
12.95
Day's Range
12.9-12.95
52 wk Range
10.9-14.5
Volume
34.79K
Average Vol. (3m)
131.24K
1-Year Change
-0.31%
Book Value / Share
-
Fair Value
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Fair Value Upside
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FRA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
0.00
Downside
-100.00%
Members' Sentiments
Bearish
Bullish
ProTips
Short term obligations exceed liquid assets
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BlackRock Floating Rate Income Strategies Closed Fund Company Profile

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.

Employees
3

BlackRock Floating Rate Income Strategies Closed Fund Earnings Call Summary for Q4/2024

  • Record EBITDA of €1.3B in 2024; group result over €500M approaching 2018 levels
  • 2025 guidance: moderate EBITDA growth, flat to declining group result; breakeven free cash flow targeted
  • Terminal 3 opening in 2026 expected to boost retail revenues by 50% vs Terminal 2
  • German market lags 22% behind European peers in traffic recovery; high taxes and security costs pose challenges
  • Strong 11.6% dividend yield; 23 consecutive years of payments despite financial pressures
Last Updated: 03/18/2025, 10:46 AM
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Compare FRA to Peers and Sector

Metrics to compare
FRA
Peers
Sector
Relationship
P/E Ratio
0.0x0.0x9.1x
PEG Ratio
0.000.000.03
Price / Book
0.0x0.0x1.0x
Price / LTM Sales
0.0x0.0x2.7x
Upside (Analyst Target)
0.0%0.0%13.1%
Fair Value Upside
Unlock0.0%2.7%Unlock

Analyst Ratings

1 Buy
0 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 0.00

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.11%
Dividend Yield
11.53%
Industry Median 6.76%
Annualized Payout
1.49
Paid monthly
5-Years Growth
+10.12%
Growth Streak

Earnings

Latest Release
Mar 07, 2025
EPS / Forecast
0.55 / --
Revenue / Forecast
26.66M / --
EPS Revisions
Last 90 days

FRA Income Statement

FAQ

What Is the BlackRock Floating Rateome Closed (FRA) Stock Price Today?

The BlackRock Floating Rateome Closed stock price today is 12.93

What Stock Exchange Does BlackRock Floating Rateome Closed Trade On?

BlackRock Floating Rateome Closed is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for BlackRock Floating Rateome Closed?

The stock symbol for BlackRock Floating Rateome Closed is "FRA."

Does BlackRock Floating Rateome Closed Pay Dividends? What’s The Current Dividend Yield?

The BlackRock Floating Rateome Closed dividend yield is 11.51%.

What Is the BlackRock Floating Rateome Closed Market Cap?

As of today, BlackRock Floating Rateome Closed market cap is 457.15M.

What Is BlackRock Floating Rateome Closed's Earnings Per Share (TTM)?

The BlackRock Floating Rateome Closed EPS (TTM) is 1.11.

From a Technical Analysis Perspective, Is FRA a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has BlackRock Floating Rateome Closed Stock Split?

BlackRock Floating Rateome Closed has split 0 times.

How Many Employees Does BlackRock Floating Rateome Closed Have?

BlackRock Floating Rateome Closed has 3 employees.

What is the current trading status of BlackRock Floating Rateome Closed (FRA)?

As of Jun 24, 2025, BlackRock Floating Rateome Closed (FRA) is trading at a price of 12.93, with a previous close of 12.91. The stock has fluctuated within a day range of 12.90 to 12.95, while its 52-week range spans from 10.90 to 14.50.
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