FRA
Price:
$12.93
Market Cap:
$455.55M
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.[Read more]
Industry
Asset Management - Income
IPO Date
2003-10-29
Stock Exchange
NYSE
Ticker
FRA
According to BlackRock Floating Rate Income Strategies Fund, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 7.31. This represents a change of 46.47% compared to the average of 4.99 of the last 4 quarters.
The mean historical PE Ratio of BlackRock Floating Rate Income Strategies Fund, Inc. over the last ten years is 20.11. The current 7.31 PE Ratio has changed 3.53% with respect to the historical average. Over the past ten years (40 quarters), FRA's PE Ratio was at its highest in in the November 2018 quarter at 95.60. The PE Ratio was at its lowest in in the November 2015 quarter at -11.90.
Average
20.11
Median
17.55
Minimum
-29.21
Maximum
67.28
Discovering the peaks and valleys of BlackRock Floating Rate Income Strategies Fund, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 138.29%
Maximum Annual PE Ratio = 67.28
Minimum Annual Increase = -280.48%
Minimum Annual PE Ratio = -29.21
Year | PE Ratio | Change |
---|---|---|
2023 | 7.11 | -124.35% |
2022 | -29.21 | -280.48% |
2021 | 16.19 | -75.94% |
2020 | 67.28 | 117.08% |
2019 | 30.99 | 63.94% |
2018 | 18.90 | 29.66% |
2017 | 14.58 | -33.88% |
2016 | 22.05 | -41.19% |
2015 | 37.49 | 138.29% |
2014 | 15.73 | 35.14% |
The current PE Ratio of BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-1.97
5-year avg
18.47
10-year avg
20.11
BlackRock Floating Rate Income Strategies Fund, Inc.’s PE Ratio is greater than BlackRock Floating Rate Income Trust (4.44), greater than Nuveen Floating Rate Income Opportunity Fund (-30.31), greater than Eaton Vance Floating-Rate Income Trust (4.16), less than Eaton Vance Senior Floating-Rate Trust (8.75), less than Nuveen Floating Rate Income Fund (8.33),
Company | PE Ratio | Market cap |
---|---|---|
4.44 | $287.27M | |
-30.31 | $319.46M | |
4.16 | $341.67M | |
8.75 | $371.58M | |
8.33 | $1.19B |
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