NYSE:FRA

BlackRock Floating Rate Income Strategies Fund (FRA) Stock Price, News & Analysis

$13.20
+0.10 (+0.76%)
(As of 04/23/2024 ET)
Today's Range
$13.12
$13.21
50-Day Range
$12.60
$13.21
52-Week Range
$11.43
$13.22
Volume
86,206 shs
Average Volume
160,130 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
10.84%
Price Target
N/A
FRA stock logo

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

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.

FRA Stock Price History

FRA Stock News Headlines

Expert Outlook: BlackRock Through The Eyes Of 5 Analysts
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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Blackrock Floating Rate Income Strategies Fund Inc
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
FRA: Another Distribution Increase
BlackRock Floating Rate Income Instl
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Ex-Dividend for 4/30 Dividend
4/12/2024
Today
4/24/2024
Dividend Payable
4/30/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$63.00 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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FRA Stock Analysis - Frequently Asked Questions

How have FRA shares performed in 2024?

BlackRock Floating Rate Income Strategies Fund's stock was trading at $12.66 at the beginning of 2024. Since then, FRA shares have increased by 4.2% and is now trading at $13.1950.
View the best growth stocks for 2024 here
.

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 announced a monthly dividend on Monday, April 1st. Shareholders of record on Monday, April 15th will be paid a dividend of $0.1238 per share on Tuesday, April 30th. This represents a $1.49 dividend on an annualized basis and a yield of 11.26%. The ex-dividend date of this dividend is Friday, April 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 $1.43 per share and currently has a dividend yield of 0.06%.
Read our dividend analysis for FRA.

What ETF holds BlackRock Floating Rate Income Strategies Fund's stock?

Virtus Private Credit Strategy ETF holds 42,990 shares of FRA stock, representing 1.49% of its portfolio.

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?
Who are BlackRock Floating Rate Income Strategies Fund's major shareholders?

BlackRock Floating Rate Income Strategies Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include Byrne Asset Management LLC (0.00%), Congress Park Capital LLC (0.00%), Future Financial Wealth Managment LLC (0.00%), RBA Wealth Management LLC (0.00%) and Cornerstone Wealth Group LLC (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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FRA) was last updated on 4/24/2024 by MarketBeat.com Staff

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