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BlackRock Floating Rate Income Strategies Fund(NYSE) FRA

Market Cap$385.53MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2003)+217%
5 Year+37%
1 Year-7%
1 Month+2%
$10.89
-0.37%
-0.04Today
After hours$10.88-$0.01 (-0.09%)
BlackRock Floating Rate Income Strategies Fund last closing stock price
MetricPriceDate
Last closeUSD 10.882026-09-04
BlackRock Floating Rate Income Strategies Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.72%USD 11.072026-08-28
1 month+1.51%USD 10.722026-08-05
3 month+3.27%USD 10.542026-06-05
Year to date+0.92%USD 10.782025-12-31
1 year-6.98%USD 11.702025-09-04
3 year+23.28%USD 8.832023-09-05
5 year+36.78%USD 7.952021-09-03
Since inception+216.92%USD 3.432003-10-29

BlackRock Floating Rate Income Strategies Fund Financials at a Glance

Market Cap

$385.53MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$53.65M

Net Income (TTM)

$26.61M

EPS (TTM)

$0.41

P/E Ratio

26.77

Dividend

$1.49

Beta (Volatility)

0.35 (Low)

Price

$10.89

Volume

178,332

Open

$10.96

Previous Close

$10.88

Daily Range

$10.85 - $10.96

52-Week Range

$10.50 - $13.38

Estimated Earnings Date

Aug 6, 2024

FRA News

No articles available.

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About BlackRock Floating Rate Income Strategies Fund

BlackRock Floating Rate Income Strategies Fund, Inc. is a closed-end fixed income mutual fund managed by BlackRock Advisors, LLC. The fund primarily invests in floating rate debt securities and instruments, focusing on companies across various sectors in the United States.

Products and Services
  • Invests in floating rate debt securities
  • Focuses on secured and unsecured senior floating rate loans
  • Targets below investment grade rated companies
Growth Outlook
  • Recent quarterly revenue reached $18.34 million, indicating strong performance
  • Trailing twelve months (TTM) revenue of $66.43 million shows consistent growth
  • Dividend yield of 13.79% reflects attractive income potential for investors
Financial Highlights
  • Net income for Q4 2025 was $13.24 million, showcasing profitability
  • Operating income margin of 90.33% indicates efficient operations
  • Current ratio of 519.55 suggests strong liquidity position
BlackRock Floating Rate Income Strategies Fund, Inc. offers a unique investment opportunity in the fixed income market, particularly for those interested in floating rate securities. The fund's focus on below investment grade loans allows for potential higher returns, albeit with associated risks. The recent financial performance highlights a robust revenue stream and strong profitability, making it an appealing option for income-focused investors. The high dividend yield further enhances its attractiveness, positioning the fund as a noteworthy consideration in the asset management sector.
AI Generated • Aug 22, 2026

Industry

Capital Markets

Sector

Financials

CEO

John M. Perlowski, CPA

Headquarters

New York, NY 10001, US

FRA Financials

Key Financial Metrics (TTM)

Gross Margin

92.12%

Operating Margin

73.82%

Net Income Margin

49.59%

Return on Equity

6.26%

Return on Capital

5.73%

Return on Assets

5.06%

Earnings Yield

3.74%

Dividend Yield

13.66%

Payout Ratio

2.90%

Stock Overview

Market Cap

$385.53MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

35.43M

Volume

178.33K

Avg. Volume

149.88K

Financials (TTM)

Gross Profit

$49.43M

Operating Income

$39.61M

EBITDA

$30.03M

Operating Cash Flow

$68.14M

Capital Expenditure

$0.00

Free Cash Flow

$68.14M

Cash & ST Invst.

$2.05M

Total Debt

$94.11M

BlackRock Floating Rate Income Strategies Fund Performance Analysis

BlackRock Floating Rate Income Strategies Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 32,998,503-12.2%
20232023-12-31USD 52,955,21160.5%
20242024-12-31USD 45,404,656-14.3%
20252025-12-31USD 36,487,812-19.6%
BlackRock Floating Rate Income Strategies Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30N/A
Q32025-09-30-3.8%
Q42025-12-3171.2%
Q22026-06-30N/A
BlackRock Floating Rate Income Strategies Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.27N/A
20232023-12-31USD 1.78N/A
20242024-12-31USD 1.11-37.6%
20252025-12-31USD 0.69-38.0%
BlackRock Floating Rate Income Strategies Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30N/A
Q32025-09-3018.8%
Q42025-12-3194.7%
Q22026-06-30N/A

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$13.46M

+20.8%

Gross Profit

$11.46M

+2.9%

Gross Margin

85.14%

N/A

Market Cap

$385.53MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$128.51M

N/A

Employees

3

N/A

Net Income

$1.16M

-79.2%

EBITDA

$3.49M

-65.1%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$2.05M

+4334.3%

Total Debt

$94.11M

-31.8%

Accounts Receivable

$9.57M

-19.6%

Inventory

$0.00

N/A

Long Term Debt

$94.00M

-29.9%

Short Term Debt

$113.61K

-97.2%

Return on Assets

5.06%

N/A

Return on Invested Capital

7.54%

N/A

Free Cash Flow

$12.65M

-17.0%

Operating Cash Flow

$12.65M

-17.0%

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Questions About FRA

What is the current price of BlackRock Floating Rate Income Strategies Fund?

BlackRock Floating Rate Income Strategies Fund is trading at $10.88 per share.

What is the 52-week range for BlackRock Floating Rate Income Strategies Fund?

Over the past 52 weeks, BlackRock Floating Rate Income Strategies Fund has traded between $10.50 and $13.38.

How much debt does BlackRock Floating Rate Income Strategies Fund have?

As of the most recent reporting period, BlackRock Floating Rate Income Strategies Fund reported total debt of $117.01M.

How much cash does BlackRock Floating Rate Income Strategies Fund have on hand?

BlackRock Floating Rate Income Strategies Fund reported $184.59K in cash and cash equivalents in its most recent financial results.

What is BlackRock Floating Rate Income Strategies Fund’s dividend yield?

BlackRock Floating Rate Income Strategies Fund currently has a dividend yield of 13.66%.

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