Equities

BlackRock Floating Rate Income Strategies Fund Inc

FRA:NYQ

BlackRock Floating Rate Income Strategies Fund Inc

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FinancialsClosed End Investments
  • Price (USD)13.26
  • Today's Change0.09 / 0.68%
  • Shares traded156.14k
  • 1 Year change+14.81%
  • Beta0.6189
Data delayed at least 15 minutes, as of May 17 2024 21:10 BST.
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About the company

BlackRock Floating Rate Income Strategies Fund, Inc. is a closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments. It seeks to achieve its investment objective by investing at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a specified interest rate changes and/or which reset on predetermined dates. It invests a substantial portion of its investments in floating rate debt securities consisting of secured or unsecured senior floating rate loans that are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality. The Fund's investment advisor is BlackRock Advisors, LLC.

  • Revenue in USD (TTM)56.86m
  • Net income in USD62.71m
  • Incorporated2003
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Nuveen Pennsylvania Quty Mul Ince Fund-100.00bn-100.00bn444.06m--------------------------------------------------------------
Western Asset Managed Municipals Fnd Inc32.02m26.56m448.42m0.0019.030.9022--14.010.54340.54340.652511.460.0376--21.42--3.170.81973.230.829276.9878.3084.1921.12----0.3206373.307.65-4.7582.95-----9.83
BlackRock MuniVest Fund Inc32.96m14.13m449.83m--31.840.8823--13.650.22270.22270.519910.460.0423--12.25--1.810.64241.830.64752.2169.3642.8816.86--6.250.1045412.093.36-6.8685.42-----11.93
Highland Opportunities and Income Fund55.78m-14.09m453.95m----0.5226--8.14-0.2054-0.20540.816714.790.0514--2.29---1.303.25-1.343.4077.3175.30-25.2554.33--0.71070.0267154.10-47.15---145.58------
Mainstay Macky Dfndtrm Mncpl Opprtnts Fd26.26m19.49m460.79m--23.650.9847--17.550.69760.69760.940116.760.0364--2.38--2.701.224.151.8443.2867.7774.2229.32----0.2893264.03-20.55-6.7184.80-----1.73
Royce Micro-Cap Trust Inc8.26m72.89m465.50m--6.550.9142--56.331.461.460.166210.470.0161--2.04--14.23--14.59--0.3882--882.04------0.0038--10.29--170.94------
Invesco California Value Mncpl Incm Trst24.14m6.32m466.93m--73.850.9033--19.340.1320.1320.50410.790.0264--1.37--0.69060.59630.71940.601518.5364.9426.1916.51----0.396433.71-54.99-17.94-35,344.77-----6.57
BlackRock Flotng Rt Incm Strtgs Fund Inc56.86m62.71m467.18m--7.450.9997--8.221.781.781.6113.260.0928--5.84--10.23--10.37--77.27--110.28------0.2365--43.89--770.87------
Orchid Island Capital Inc205.35m-22.98m473.19m0.00--0.9542--2.30-0.4961-0.49614.859.120.0484--14.29---0.5419-1.48-4.80-13.04-7.66-264.12-11.19-291.79----0.8851--201.0736.7284.82-----21.06
PGIM Global High Yield Fund Inc48.12m48.71m476.76m--9.790.9038--9.911.191.191.1812.890.0719------7.282.527.422.5670.9877.22101.2340.96----0.2156227.51-2.44-1.27136.056.11--52.59
Abrdn Global Infrastructure Income Fund37.04m8.25m477.67m--57.890.9891--12.900.32730.32731.4719.160.1127--39.03--2.51--2.53--84.41--22.28----1.410.00--126.25--147.39------
PennantPark Investment Corp.149.37m59.95m480.70m0.008.020.9585--3.220.91920.91922.297.690.1191--12.40--4.781.754.921.7952.4150.1440.1419.85--8.390.6051191.5738.496.07-36.65----1.09
Gladstone Capital Corporation93.80m68.62m481.64m73.006.731.12--5.133.293.294.5519.870.1241--9.851,284,890.009.086.179.176.2236.6535.9173.1654.71----0.461783.9736.8713.65114.2618.00--7.93
BlackRock Ltd Duration Income Trust-100.00bn-100.00bn487.82m0.00------------------------------------------------------------
Data as of May 17 2024. Currency figures normalised to BlackRock Floating Rate Income Strategies Fund Inc's reporting currency: US Dollar USD

Institutional shareholders

11.02%Per cent of shares held by top holders
HolderShares% Held
Guggenheim Partners Investment Management LLCas of 31 Mar 2024688.71k1.96%
LPL Financial LLCas of 31 Mar 2024641.02k1.82%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 31 Mar 2024583.42k1.66%
Advisors Asset Management, Inc.as of 31 Mar 2024309.24k0.88%
Invesco Capital Management LLCas of 31 Mar 2024305.56k0.87%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Mar 2024302.37k0.86%
Osaic Wealth, Inc. (Investment Management)as of 31 Mar 2024279.00k0.79%
Invesco Investment Advisers LLCas of 31 Mar 2024262.79k0.75%
Eaton Vance Managementas of 31 Mar 2024260.63k0.74%
Marathon Strategic Advisors LLCas of 31 Mar 2024247.92k0.70%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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