BlackRock Floating Rate Income Strategies FundFRA
FRA
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
7% more capital invested
Capital invested by funds: $95.9M [Q2] → $103M (+$6.77M) [Q3]
5% more funds holding
Funds holding: 81 [Q2] → 85 (+4) [Q3]
1.45% more ownership
Funds ownership: 21.03% [Q2] → 22.48% (+1.45%) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FRA.
Financial journalist opinion
Positive
Seeking Alpha
1 month 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
2 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
3 months ago
These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month
According to
Negative
Seeking Alpha
3 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
6 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
6 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
8 months 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
9 months 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.
Positive
Seeking Alpha
10 months ago
FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade)
The BlackRock Floating Rate Income Strategies Fund Inc offers a high yield of 11.46% due to its investment in speculative-grade floating-rate securities.
Neutral
Business Wire
11 months ago
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024 Ex-Date- 3/14/2024 Record- 3/15/2024 Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund, Inc.
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