| Browse All

BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)

Financial Services | Asset Management | New York, United States | NYSE
11.11 USD +0.10 (0.908%) ⇧ (April 17, 2026, 2:13 p.m. EDT)
Short-term: ★☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 11, 2026, 1:38 p.m. EDT

FRA is a high-yield fund with a dividend yield of 13.34%, but the recent price history shows a downward trend, with the current price at $11.06, just below the 52-week low of $10.50. The dividend payouts have been consistent at $0.124 per quarter, but the payout ratio of 212.3% indicates that the fund is not sustainable in the long term. The recent news headlines suggest caution, with several warnings about the fund's distribution and potential erosion of NAV. The forecasting model stats show minimal predicted price direction, indicating a lack of momentum. Overall, the fund appears to be a high-risk investment with a low short-term and long-term rating, and the dividend is not reliable enough to justify a higher rating.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.046446
AutoARIMA0.046859
MSTL0.048819
AutoTheta0.052732

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 45%
H-stat 7.67
Ljung-Box p 0.000
Jarque-Bera p 0.363
Excess Kurtosis -0.94
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-05-14
Last Dividend Date 2026-04-14
Debt to Equity Ratio 42.618
Revenue per Share 1.233
Market Cap 393,680,160
Trailing P/E 15.87
Beta 0.42
Profit Margins 55.85%
Website https://www.blackrock.com/investing/products/240189/blackrock-floating-rate-income-strategies-fund-inc-usd-fund

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.13% 12.92% 13.93% 12.69%
Dividend History
Date Dividend Yield %
2026-04-15 0.124 1.131387
2026-03-13 0.124 1.177497
2026-02-13 0.124 1.090603
2026-01-20 0.124 1.074537
2025-12-22 0.124 1.106079
2025-11-14 0.124 1.080903
2025-10-15 0.124 1.037144
2025-09-15 0.124 1.012331
2025-08-15 0.124 1.023446
2025-07-15 0.124 1.029214
2025-06-13 0.124 1.063023
2025-05-15 0.124 1.093550
2025-04-15 0.124 1.146710
2025-03-14 0.124 1.107626
2025-02-14 0.124 1.085233
2025-01-15 0.124 1.097168
2024-12-16 0.124 1.017713
2024-11-15 0.124 1.054654
2024-10-15 0.124 1.084339
2024-09-16 0.124 1.138374
2024-08-15 0.124 1.174168
2024-07-15 0.124 1.144522
2024-06-14 0.124 1.194867
2024-05-14 0.124 1.170815
2024-04-12 0.124 1.214797
2024-03-14 0.124 1.225359
2024-02-14 0.124 1.239995
2024-01-11 0.124 1.311149
2023-12-14 0.124 1.304277
2023-11-14 0.117 1.299189
2023-10-13 0.117 1.265306
2023-09-14 0.117 1.258972
2023-08-14 0.117 1.275753
2023-07-13 0.117 1.320543
2023-06-14 0.117 1.366764
2023-05-12 0.112 1.357651
2023-04-13 0.112 1.348697
2023-03-14 0.112 1.400762
2023-02-14 0.080 0.957833
2023-01-12 0.080 0.999768
2022-12-14 0.080 1.024253
2022-11-14 0.080 1.005902
2022-10-13 0.080 1.073046
2022-09-14 0.067 0.849951
2022-08-12 0.067 0.796722
2022-07-14 0.067 0.844303
2022-06-14 0.067 0.882119
2022-05-13 0.067 0.899755
2022-04-13 0.067 0.794912
2022-03-14 0.067 0.821147
2022-02-14 0.067 0.773351
2021-12-30 0.067 0.775407
2021-12-14 0.067 0.785671
2021-11-12 0.067 0.776859
2021-10-14 0.067 0.772167
2021-09-14 0.067 0.799177
2021-08-13 0.067 0.804390
2021-07-14 0.067 0.806020
2021-06-14 0.067 0.836300
2021-05-13 0.067 0.847867
2021-04-14 0.067 0.846360
2021-03-12 0.067 0.852051
2021-02-12 0.067 0.861786
2020-12-30 0.067 0.928403
2020-12-14 0.067 0.925080
2020-11-13 0.079 1.118057
2020-10-14 0.079 1.137999
2020-09-14 0.079 1.135028
2020-08-13 0.079 1.170324
2020-07-14 0.079 1.220503
2020-06-12 0.079 1.222622
2020-05-14 0.079 1.313226
2020-04-14 0.079 1.281587
2020-03-13 0.079 1.303009
2020-02-13 0.079 1.042795
2019-12-30 0.079 1.057453
2019-12-13 0.079 1.087122
2019-11-14 0.079 1.124416
2019-10-11 0.079 1.163177
2019-09-13 0.070 1.024845
2019-08-14 0.070 1.038769
2019-07-12 0.070 1.020861
2019-06-13 0.070 1.024046
2019-05-14 0.070 1.023256
2019-04-12 0.070 1.036886
2019-03-14 0.070 1.044197
2019-02-14 0.065 0.978731
2018-12-28 0.129 2.099139
2018-12-12 0.065 1.008822
2018-11-14 0.065 0.977500
2018-10-12 0.065 0.953816
2018-09-13 0.065 0.931367
2018-08-14 0.065 0.931730
2018-07-13 0.065 0.936101
2018-06-14 0.061 0.873152
2018-05-14 0.061 0.851435
2018-04-13 0.061 0.852107
2018-03-14 0.061 0.849248
2018-02-14 0.061 0.872554
2017-12-28 0.061 0.904857
2017-12-11 0.061 0.899727
2017-11-14 0.061 0.912828
2017-10-13 0.061 0.888545
2017-09-14 0.061 0.910897
2017-08-11 0.061 0.914214
2017-07-12 0.061 0.909767
2017-06-13 0.061 0.907916
2017-05-11 0.061 0.900392
2017-04-11 0.061 0.906085
2017-03-13 0.061 0.901152
2016-12-28 0.143 2.151094
2016-12-08 0.061 0.941995
2016-11-10 0.061 0.989018
2016-10-12 0.061 0.971039
2016-09-13 0.061 1.002305
2016-08-11 0.061 1.006055
2016-07-13 0.061 1.015206
2016-06-13 0.061 1.026034
2016-05-12 0.061 1.036172
2016-04-13 0.061 1.061917
2016-03-11 0.061 1.081138
2016-02-11 0.061 1.149471
2015-12-29 0.074 1.312194
2015-12-10 0.061 1.115674
2015-11-12 0.061 1.113106
2015-10-13 0.061 1.105331
2015-09-11 0.067 1.201917
2015-08-12 0.067 1.189792
2015-07-13 0.067 1.169211
2015-06-11 0.067 1.159538
2015-05-13 0.067 1.153399
2015-04-13 0.067 1.138374
2015-03-11 0.067 1.154500
2015-02-11 0.067 1.197062
2014-12-29 0.067 1.222986
2014-12-10 0.067 1.214497
2014-11-12 0.067 1.203520
2014-10-10 0.067 1.188508
2014-09-11 0.070 1.237021
2014-08-13 0.070 1.229130
2014-07-11 0.070 1.207858
2014-06-12 0.070 1.224708
2014-05-13 0.070 1.222145
2014-04-11 0.070 1.243587
2014-03-12 0.070 1.228993
2014-02-12 0.076 1.336143
2013-12-27 0.094 1.661234
2013-12-11 0.076 1.352741
2013-11-13 0.075 1.342895
2013-10-11 0.075 1.342423
2013-09-12 0.076 1.357126
2013-08-13 0.075 1.300224
2013-07-11 0.075 1.284714
2013-06-12 0.077 1.311111
2013-05-13 0.077 1.285478
2013-04-11 0.077 1.309626
2013-03-13 0.077 1.260167
2013-02-13 0.077 1.296636
2012-12-27 0.077 1.383401
2012-12-12 0.077 1.393158
2012-11-13 0.077 1.422761
2012-10-11 0.077 1.422475
2012-09-20 0.108 1.985489
2012-09-12 0.077 1.450562
2012-08-13 0.077 1.466886
2012-07-12 0.077 1.510207
2012-06-13 0.077 1.571535
2012-05-11 0.077 1.470691
2012-04-12 0.077 1.504374
2012-03-13 0.077 1.512257
2012-02-13 0.077 1.599377
2011-12-28 0.077 1.675031
2011-12-12 0.077 1.740161
2011-11-10 0.077 1.717398
2011-10-12 0.077 1.748458
2011-09-13 0.077 1.739001
2011-08-11 0.077 1.753083
2011-07-13 0.077 1.532067
2011-06-13 0.077 1.500450
2011-05-12 0.077 1.486920
2011-04-13 0.077 1.504628
2011-03-11 0.077 1.546294
2011-02-11 0.077 1.545065
2010-12-29 0.077 1.623052
2010-12-13 0.077 1.682661
2010-11-10 0.077 1.621589
2010-10-13 0.077 1.633142
2010-09-13 0.077 1.595681
2010-08-12 0.077 1.668862
2010-07-13 0.077 1.684378
2010-06-11 0.077 1.757670
2010-05-12 0.082 1.669050
2010-04-13 0.082 1.645847
2010-03-11 0.082 1.650137
2010-02-10 0.082 1.842100
2009-12-29 0.082 1.898867
2009-12-11 0.082 1.884804
2009-11-10 0.082 2.103761
2009-10-13 0.082 2.166499
2009-09-11 0.082 2.287386
2009-08-12 0.090 2.513005
2009-07-13 0.090 2.821059
2009-06-11 0.090 2.798577
2009-05-13 0.105 3.675224
2009-04-13 0.105 3.875271
2009-03-12 0.105 4.274212
2009-02-11 0.115 4.175425
2008-12-29 0.123 5.104793
2008-12-11 0.115 5.097200
2008-11-12 0.115 4.339546
2008-10-10 0.125 5.156145
2008-09-11 0.125 3.453872
2008-08-13 0.125 3.380582
2008-07-11 0.125 3.381653
2008-06-12 0.125 3.209769
2008-05-13 0.125 3.136372
2008-04-11 0.125 3.339057
2008-03-12 0.125 3.565127
2008-02-13 0.125 3.522051
2007-12-27 0.174 4.542011
2007-12-11 0.125 3.219551
2007-11-13 0.125 3.268443
2007-10-11 0.125 3.065501
2007-09-12 0.125 3.168234
2007-08-13 0.121 3.117146
2007-07-12 0.121 2.820976
2007-06-13 0.121 2.766410
2007-05-11 0.121 2.789815
2007-04-12 0.121 2.817897
2007-03-13 0.121 2.887562
2007-02-13 0.121 2.821573
2006-12-27 0.208 5.188759
2006-12-08 0.121 3.070381
2006-11-10 0.121 3.113615
2006-10-12 0.121 3.181130
2006-09-13 0.121 3.197596
2006-08-10 0.113 3.042948
2006-07-13 0.113 3.057478
2006-06-09 0.113 3.079138
2006-05-11 0.108 2.994577
2006-04-12 0.108 2.951538
2006-03-10 0.108 2.952726
2006-02-10 0.108 2.996123
2005-12-28 0.163 4.744343
2005-12-08 0.108 3.189466
2005-11-10 0.108 3.155545
2005-10-13 0.108 3.160670
2005-09-12 0.108 3.034953
2005-08-11 0.104 2.898069
2005-07-12 0.104 2.965186
2005-06-10 0.096 2.766984
2005-05-11 0.096 2.705935
2005-04-13 0.096 2.666211
2005-03-11 0.096 2.576352
2005-02-11 0.096 2.611921
2004-12-28 0.112 3.186589
2004-12-08 0.087 2.489127
2004-11-09 0.075 2.133989
2004-10-13 0.075 2.091096
2004-09-10 0.075 2.070076
2004-08-12 0.075 2.072772
2004-07-13 0.075 2.083954
2004-06-10 0.075 2.102849
2004-05-12 0.075 2.117569
2004-04-14 0.075 2.114823
2004-03-11 0.075 2.079044
2004-02-11 0.075 2.144327
Additional Data
dividendRate 1.49
dividendYield 13.5
exDividendDate 2026-05-15
trailingAnnualDividendRate 1.486
trailingAnnualDividendYield 0.1349682
lastDividendValue 0.124
lastDividendDate 2026-04-15
dividendDate 2019-01-09

Info Dump

Attribute Value
52 Week Change -0.084788024
Address1 50 Hudson Yards
All Time High 20.19
All Time Low 6.72
Ask 11.12
Ask Size 400
Average Daily Volume10 Day 128,190
Average Daily Volume3 Month 172,257
Average Volume 172,257
Average Volume10Days 128,190
Beta 0.423
Bid 11.1
Bid Size 100
Book Value 12.972
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.11
Current Ratio 0.327
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 11.14
Day Low 11.035
Debt To Equity 42.618
Display Name BlackRock Floating Rate Income Strategies Fund
Dividend Date 1,546,992,000
Dividend Rate 1.49
Dividend Yield 13.5
Earnings Timestamp End 1,757,592,000
Earnings Timestamp Start 1,756,897,140
Ebitda Margins 0.0
Enterprise To Revenue 13.666
Enterprise Value 597,278,464
Eps Trailing Twelve Months 0.7
Esg Populated 0
Ex Dividend Date 1,778,803,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 212 810 5801
Fifty Day Average 11.1374
Fifty Day Average Change -0.027400017
Fifty Day Average Change Percent -0.0024601808
Fifty Two Week Change Percent -8.478803
Fifty Two Week High 13.41
Fifty Two Week High Change -2.3000002
Fifty Two Week High Change Percent -0.17151381
Fifty Two Week Low 10.5
Fifty Two Week Low Change 0.60999966
Fifty Two Week Low Change Percent 0.058095206
Fifty Two Week Range 10.5 - 13.41
Financial Currency USD
First Trade Date Milliseconds 1,067,437,800,000
Five Year Avg Dividend Yield 9.25
Free Cashflow 27,782,676
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 43,705,544
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.31598
Implied Shares Outstanding 35,434,758
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,776,211,200
Last Dividend Value 0.124
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name BlackRock Floating Rate Income Strategies Fund, Inc.
Market us_market
Market Cap 393,680,160
Market State REGULAR
Max Age 86,400
Message Board Id finmb_6692320
Most Recent Quarter 1,609,372,800
Net Income To Common 24,409,180
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 390,136,685
Open 11.08
Operating Cashflow 77,146,192
Operating Margins 0.82695997
Payout Ratio 2.1230001
Phone 212 810 5300
Previous Close 11.01
Price Hint 2
Price To Book 0.85646003
Price To Sales Trailing12 Months 9.007557
Profit Margins 0.55849
Quick Ratio 0.32
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.09999943
Regular Market Change Percent 0.90826
Regular Market Day High 11.14
Regular Market Day Low 11.035
Regular Market Day Range 11.035 - 11.14
Regular Market Open 11.08
Regular Market Previous Close 11.01
Regular Market Price 11.11
Regular Market Time 1,776,449,591
Regular Market Volume 126,363
Return On Assets 0.04165
Return On Equity 0.05524
Revenue Per Share 1.233
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 35,434,758
Shares Percent Shares Out 0.003
Shares Short 106,221
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 179,687
Short Name Blackrock Floating Rate Income
Short Percent Of Float 0.003
Short Ratio 0.83
Source Interval 15
State NY
Symbol FRA
Total Cash 3,571,867
Total Cash Per Share 0.1
Total Debt 208,000,000
Total Revenue 43,705,544
Tradeable 0
Trailing Annual Dividend Rate 1.486
Trailing Annual Dividend Yield 0.1349682
Trailing Eps 0.7
Trailing P E 15.8714285
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.2255
Two Hundred Day Average Change -1.1155005
Two Hundred Day Average Change Percent -0.09124375
Type Disp Equity
Volume 126,363
Website https://www.blackrock.com/investing/products/240189/blackrock-floating-rate-income-strategies-fund-inc-usd-fund
Zip 10,001