BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. (FRA)
About BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC.
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).
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Financial summary
- Market cap
- $381.3M
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $381.3M
- Dividend yield
- 15.0%
- Shares outstanding
- 38.5M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 29, 2003
Blackrock Floating Rate Income Strategies Fund, Inc. (FRA) Stock Price
- Trading 25% below its 52-week high.
- Pays a dividend yielding about 15.0% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Blackrock Floating Rate Income Strategies Fund, Inc.: frequently asked questions
Is Blackrock Floating Rate Income Strategies Fund, Inc. an American company?
Blackrock Floating Rate Income Strategies Fund, Inc. is a US-based company headquartered in Wilmington, Delaware, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Blackrock Floating Rate Income Strategies Fund, Inc. headquartered?
Blackrock Floating Rate Income Strategies Fund, Inc. is headquartered in Wilmington, Delaware, United States.
Is Blackrock Floating Rate Income Strategies Fund, Inc. publicly traded?
Yes — Blackrock Floating Rate Income Strategies Fund, Inc. is a publicly traded company. Its stock trades under the ticker symbol FRA on the NYSE.
