BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)
BlackRock Floating Rate Income Strategies Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $10.50, up 0.57% on the session, giving a market capitalisation of $372.1M. On trailing twelve-month figures it carries a trailing P/E of 13.95, a net margin of 49.6%. Its beta of 0.41 implies it has historically moved less than the broad market.
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.
BlackRock Floating Rate Income Strategies Fund, Inc. is most often compared with the following Financial Services names: