FRA
Price:
$13.91
Market Cap:
$490.08M
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 ROE is 13.77%. This represents a change of 301.05% compared to the average of 3.43% of the last 4 quarters.
The mean historical ROE of BlackRock Floating Rate Income Strategies Fund, Inc. over the last ten years is 4.39%. The current 13.77% ROE has changed 213.45% with respect to the historical average. Over the past ten years (40 quarters), FRA's ROE was at its highest in in the June 2022 quarter at 8.02%. The ROE was at its lowest in in the March 2020 quarter at -4.65%.
Average
4.39%
Median
4.52%
Minimum
-3.01%
Maximum
13.42%
Discovering the peaks and valleys of BlackRock Floating Rate Income Strategies Fund, Inc. ROE, 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 = 502.33%
Maximum Annual ROE = 13.42%
Minimum Annual Increase = -545.85%
Minimum Annual ROE = -3.01%
Year | ROE | Change |
---|---|---|
2023 | 13.42% | -545.85% |
2022 | -3.01% | -150.23% |
2021 | 5.99% | 502.33% |
2020 | 0.99% | -64.14% |
2019 | 2.77% | -42.75% |
2018 | 4.85% | -25.18% |
2017 | 6.48% | 54.06% |
2016 | 4.20% | 81.60% |
2015 | 2.32% | -60.87% |
2014 | 5.92% | -29.30% |
The current ROE of BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.47%
5-year avg
4.03%
10-year avg
4.39%
BlackRock Floating Rate Income Strategies Fund, Inc.’s ROE is less than BlackRock Floating Rate Income Trust (18.80%), greater than Nuveen Floating Rate Income Opportunity Fund (-2.65%), less than Eaton Vance Floating-Rate Income Trust (19.51%), less than Eaton Vance Senior Floating-Rate Trust (6.25%), less than Nuveen Floating Rate Income Fund (12.57%),
Company | ROE | Market cap |
---|---|---|
18.80% | $296.95M | |
-2.65% | $319.46M | |
19.51% | $343.50M | |
6.25% | $374.36M | |
12.57% | $1.19B |
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What is the 5-year average ROE for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
How does the current ROE for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) compare to its historical average?