NYSE : FRA

BlackRock Floating Rate Income Strategies Fund, Inc.

$10.73 USD

-$0.06 (-0.56%)

Volume
145.76K
Average Volume
133.85K
Market Capitalization
$380.21M
P/E Ratio
12.19
Dividend Yield
13.85%
Price Target
Year High
$13.41
Year Low
$10.50
Day High
—
Day Low
—
Payout Ratio
$2.05
Current Ratio
$519.55
Company Overview

NYSE

John Perlowski

Asset Management

Financial Services

FRA

3

US

USD

https://www.blackrock.com/investing/products/240189/blackrock-floating-rate-income-strategies-fund-inc-usd-fund

212 810 5300

09255X100

0001259708

Liquidity Metrics

0.27

519.55

519.55

20.38

2.05

Sales & Valuation

$36.49M

7.41

0.89

5.38

2.00

Profitability

$0.69

$24.41M

60.45%

60.45%

7.14%

5.54%

P/E Metrics

12.19

-0.33

-0.33

Analyst Price Target & Rating

Buy

4/5

0 Analysts

%

Poll Results

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

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. ...

Haydale shares surge 44% as combined group lifts revenue 463%

2026-06-24 04:55:17

Shares in Haydale Graphene Inds PLC (LSE:HAYD, OTC:HDGHF, FRA:6HG) jumped 44% to 0.0065p after the advanced materials and clean-technology group reported a sharp rise in revenue, reflecting its first full quarter as an enlarged business. The AIM-listed company said revenue for the six months to 31 March rose 463% to £2.25 million, up from £400,000 a year earlier.

NEXE compostable coffee pod adoption gains traction as partner expands orders

2026-06-23 11:22:25

NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF, FRA:FRA: NX5) said that adoption of its compostable coffee pod platform is gaining momentum, as a North American distribution partner ramps up orders, adds new brands and expands marketing efforts ahead of the key fall and winter sales season. The Vancouver-based company, which develops compostable materials and coffee pods, said it and its commercial partner have advanced a transition to NEXE's BPI-certified compostable coffee pod platform that was first announced in March.

Winshear Provides Update on Thunder Bay Project, Purchases Assessment Credit

2026-06-23 07:30:00

VANCOUVER, British Columbia, June 23, 2026 (GLOBE NEWSWIRE) -- Winshear Metals Corp. (TSX-V: WINS, FRA: 9HR0) (“Winshear” or the “Company”) provides the following update on its field activities from the Thunder Bay Gold Project, NW Ontario, as well as the purchase of an assessment credit valued at $608,000. Thunder Bay 2026 Field Program The Company has engaged Fladgate Exploration, a geological services company based in Thunder Bay, to execute this summer's field program, comprising soil sampling over the Inflection, MacGregor, El Dorado and Kingfisher Targets, till sampling over newly staked claims to the NE of the Kingfisher Target, and airborne magnetic surveys over both Inflection and El Dorado (see Figure 1 here).

Blockmate Ventures targets up to $1M through private placement to support Wyoming AI project

2026-06-22 09:03:29

Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF, FRA:8MH) announced that it plans to complete a non-brokered private placement to raise gross proceeds of up to $750,000, with the possibility of increasing the total amount to as much as $1 million through oversubscriptions. The offering will consist of up to 15 million units priced at $0.05 each.

NextEnergy Solar Fund reaffirms value creation plans

2026-06-22 02:55:21

NextEnergy Solar Fund Ltd (LSE:NESF, FRA:5NE), a specialist investor in solar power and energy storage, has restated its belief that it can unlock between £60 million and £100 million of additional value over time. The strategic reset, first announced in March, aims to capture value through asset-life extensions, hybridisation of part of the portfolio and the realisation of the company's development pipeline.

Grey Matters raises $1.25M for Alzheimer's clinics – ICYMI

2026-06-19 16:33:15

Grey Matters Health (CSE:GREY, OTCQB:AGNPD, FRA:AGW0) earlier this week announced a financing of approximately $1.25 million, providing the company with additional resources to advance its strategy of building a network of Alzheimer's-focused diagnostic clinics across Florida. Speaking with Proactive, chief executive officer Christopher Moreau said investor response to the financing reflected growing interest in the company's revised business model, which combines medical clinics, nuclear medicine and diagnostic imaging focused on Alzheimer's disease.

Blockmate Ventures advances Wyoming AI infrastructure opportunity, launches investor roadshow

2026-06-16 08:40:44

Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF, FRA:8MH) has provided an update on its Wyoming-based AI infrastructure opportunity, outlining ongoing discussions with potential partners and steps being taken to advance the site's development prospects. The venture builder, which focuses on artificial intelligence, Bitcoin and digital infrastructure, said it remains engaged with multiple interested parties regarding the potential development of a controlled site in Wyoming into an AI-focused data centre.

CEF Market Weekly Review: Muni And Loan CEF Incomes Diverge

2026-04-25 22:21:16

We review the CEF market valuation and performance through the third week of April and highlight recent market action. CEFs had a strong week in response to positive news relating to the Iran conflict with MLPs underperforming. Loan CEFs face NII pressure from falling short-term rates, with funds like VVR, FCT, FRA, and BGT most vulnerable to distribution cuts as they haven't already adjusted.

Frequently Asked Questions

What is the current BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) stock price?

BlackRock Floating Rate Income Strategies Fund, Inc.(NYSE:FRA) stock price is $10.73 in the last trading session. During the trading session, FRA stock reached the peak price of $13.41 while $10.5 was the lowest point it dropped to. The percentage change in FRA stock occurred in the recent session was --0.56% while the dollar amount for the price change in FRA stock was -$0.06.

FRA's industry and sector of operation?

The NYSE listed FRA is part of Asset Management industry that operates in the broader Financial Services sector.

Who are the executives of FRA?

Charles Choon Sik Park | Chief Compliance Officer and Anti-Money Laundering Officer
Joshua Tarnow | Portfolio Manager
Leland Tiffany Hart | Portfolio Manager
C. Adrian Marshall | Portfolio Manager
|

How many employees does FRA have?

Number of FRA employees currently stands at 3. FRA operates from 50 Hudson Yards, New York, NY 10001, US.

Link for FRA official website?

Official Website of FRA is: https://www.blackrock.com/investing/products/240189/blackrock-floating-rate-income-strategies-fund-inc-usd-fund

How do I contact FRA?

FRA could be contacted at phone #212 810 5300 and can also be accessed through its website. FRA operates from 50 Hudson Yards, New York, NY 10001, US.

How many shares of FRA are traded daily?

The average number of FRA shares traded daily for last 3 months was 133.85K.

What is the market cap of FRA currently?

The market value of FRA currently stands at $380.21M with its latest stock price at $10.73