BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) Research
The BlackRock Floating Rate Income Strategies Fund, Inc. is a closed-end mutual fund focused on fixed income, created by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund's investment strategy targets the fixed income markets of the United States, particularly focusing on bonds from companies across a variety of sectors. Its primary allocations are to floating-rate debt securities, specifically senior floating-rate loans (which may be secured or unsecured) that are rated below investment grade. This U.S.-domiciled fund commenced operations on October 31, 2003.
Market snapshot
- Symbol
- FRA
- Price
- $10.87
- Day change
- +0.83%
- Market cap
- $385.2M
- P/E ratio
- 8.78x
- 52-week range
- 10.5-13.41
- Sector
- Financial Services
- Industry
- Asset Management - Income
Recent news
- Blockmate Ventures advances Wyoming AI infrastructure opportunity, launches investor roadshow
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.
Peer companies
- Advent Convertible and Income Fund (AVK)
- Calamos Global Dynamic Income Fund (CHW)
- Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD)
- Eaton Vance Tax-Managed Buy-Write Income Fund (ETB)
- John Hancock Preferred Income Fund (HPI)
- Virtus Convertible & Income Fund (NCV)
- Nuveen Multi-Asset Income Fund (NMAI)
- Nuveen Pennsylvania Quality Municipal Income Fund (NQP)
Recent insider activity
- Garfin Mitchell — M-Exempt (2950.6621 shares) on 2026-01-30
- Garfin Mitchell — M-Exempt (2950.6621 shares) on 2026-01-30
- Garfin Mitchell — D-Return (2950.6621 shares) on 2026-01-30
- Wilson Carly — A-Award (2889.0306 shares) on 2026-01-30
- Wilson Carly — M-Exempt (865.8913 shares) on 2026-01-30
Open BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.