BlackRock Floating Rate Income Strategies FundFRA
FRA
About: Blackrock Floating Rate Inc Stra Fd Inc is a United States-based diversified closed-ended management investment company. The Fund's investment objective is to provide shareholders with high current income and preservation of capital with investment in a diversified, leveraged portfolio consisting of floating-rate debt securities and instruments.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
3.36% less ownership
Funds ownership: 23.64% [Q4 2024] → 20.28% (-3.36%) [Q1 2025]
5% less funds holding
Funds holding: 88 [Q4 2024] → 84 (-4) [Q1 2025]
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
19% less capital invested
Capital invested by funds: $114M [Q4 2024] → $92.3M (-$22.1M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for FRA.
Financial journalist opinion
Negative
Seeking Alpha
1 week ago
FRA: Net Asset Value Destruction Continues As The Fund Maintains Distributions
FRA offers a high yield (11.69%) but is overdistributing, causing net asset value destruction and threatening sustainability. The fund is trading at a premium to NAV, while most peers trade at discounts, making it relatively expensive given its risks. FRA's income will likely decline further as the Fed cuts rates, increasing the likelihood of a distribution cut and share price drop.
Neutral
Seeking Alpha
2 months ago
FRA: Price Cannot Be Justified By Fundamentals
The BlackRock Floating Rate Income Strategies Fund offers an 11.64% yield but invests in riskier, floating-rate securities, making it vulnerable to interest rate cuts. The fund's recent performance has been disappointing, with a 7.34% total loss, underperforming both the S&P 500 and the Bloomberg U.S. Aggregate Bond Index. The market is expecting rate cuts going forward, and a recession could result in even larger cuts than expected.
Positive
Seeking Alpha
5 months ago
FRA: Sell This Fund Before It Cuts Its Distribution
The BlackRock Floating Rate Income Strategies Fund offers a 10.49% yield but is slightly below the median yield of similar funds, suggesting market confidence in its sustainability. The fund's share price increased by 4.27% despite declining portfolio income due to Federal Reserve rate cuts, raising concerns about future distribution sustainability. The coupon payments made by the fund's assets will decrease as the Federal Reserve continues to cut interest rates.
Negative
Barrons
7 months ago
Bonds Are in Turmoil Again. How to Protect Your Portfolio.
Consider shifting to areas of the market that are less sensitive to inflation expectations.
Positive
24/7 Wall Street
7 months ago
These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month
According to
Negative
Seeking Alpha
8 months ago
FRA: This Floating Rate Fund Is Overvalued, It Is Time To Sell Or Trim
The BlackRock Floating Rate Income Strategies Fund currently trades at a 4% premium. It has historically traded at a discount, making it less attractive now. FRA's income may decrease as the Fed is likely to lower short-term rates, impacting floating rate loans negatively. The possibility of a distribution cut could deter investors seeking high payouts, further reducing FRA's appeal.
Negative
Seeking Alpha
10 months ago
Don't Buy AI Stocks, Buy The Best Dividend Total Return Stocks
I have a diversified portfolio of stocks, funds, and bonds. My stocks are primarily dividend paying value stocks. One can find dividend stocks with superior estimated total returns by comparing their return drivers – earnings growth, dividend yield and valuation - to historic trends. This article compares the earnings growth, dividend yield, current valuation, and estimated future return of 53 stocks.
Positive
Seeking Alpha
10 months ago
FRA: Latest GDP Report Casts Doubt On Rate Cut Narrative
The BlackRock Floating Rate Income Strategies Fund offers a competitive yield of 11.06%, in line with its peers. The Fund has delivered a fairly impressive return over the past few months, but there are signs that it is now overvalued. The fund appears to be reducing the risk profile of its portfolio, which is a smart move given the potential for rising default rates.
Neutral
Business Wire
1 year ago
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Funds previously declared their June distributions on May 20, 2024 BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) previous.
Positive
24/7 Wall Street
1 year ago
Want $1,200 per Month in Passive Income? Invest in These Stocks
$178.25 Dynamic Income Opportunities Fund (NYSE:PDO) 14.21% $177.63 Apollo Senior Floating Rate Fund Inc.
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