Equities

BlackRock Floating Rate Income Strategies Fund Inc

FRA:NYQ

BlackRock Floating Rate Income Strategies Fund Inc

Actions
FinancialsClosed End Investments
  • Price (USD)13.00
  • Today's Change0.09 / 0.70%
  • Shares traded106.81k
  • 1 Year change+9.98%
  • Beta0.5928
Data delayed at least 15 minutes, as of Apr 19 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)
Highland Opportunities and Income Fund55.78m-14.09m434.19m----0.4999--7.78-0.2054-0.20540.816714.790.0514--2.29---1.303.25-1.343.4077.3175.30-25.2554.33--0.71070.0267154.10-47.15---145.58------
Blackrock Municipal Income Trust35.64m4.61m436.79m--94.740.8614--12.260.10510.10510.812611.560.0432--2.40--0.5584--0.7714--50.52--12.94----1.350.1738--------------
Orchid Island Capital Inc181.22m-39.23m437.57m0.00--0.9076--2.41-0.7876-0.78764.649.100.0446--13.69---0.9649-1.48-8.22-13.04-17.21-264.12-21.65-291.79----0.8875--201.0736.7284.82-----21.06
First Trust MLP and Energy Income Fund11.72m26.11m437.82m--16.771.06--37.360.57740.57740.25919.150.0225--2.97--5.023.885.043.890.298-1.60222.82226.64----0.1858165.5923.92-4.67-60.77-----15.34
Agriculture & Naturl Solutns Acqstn Corp0.001.31m440.74m0.00337.631.31----0.03030.03030.007.78----------------------------0.00------106,229.30------
Mainstay Macky Dfndtrm Mncpl Opprtnts Fd26.26m19.49m449.90m--23.090.9614--17.130.69760.69760.940116.760.0364--2.38--2.701.224.151.8443.2867.7774.2229.32----0.2893264.03-20.55-6.7184.80-----1.73
Dong Fang Hui Le Inc0.00-4.73m450.45m7.00---------236.28-236.280.00-180.500.00----0.00-1,205.92-----------------86.65--------74.53------
PennantPark Investment Corp.149.74m48.74m457.22m0.009.380.916--3.050.74730.74732.307.650.1196--13.12--3.891.753.981.7953.1150.1432.5519.85--3.370.5995191.5738.496.07-36.65----1.09
Gladstone Capital Corporation90.36m56.97m457.93m73.007.351.10--5.072.862.864.5919.210.1285--9.791,237,822.008.106.178.206.2236.5835.9163.0554.71----0.447483.9736.8713.65114.2618.00--7.93
BlackRock Flotng Rt Incm Strtgs Fund Inc56.86m62.71m458.02m--7.300.9801--8.051.781.781.6113.260.0928--5.84--10.23--10.37--77.27--110.28------0.2365--43.89--770.87------
Invesco California Value Mncpl Incm Trst24.14m6.32m460.71m--72.870.8913--19.090.1320.1320.50410.790.0264--1.37--0.69060.59630.71940.601518.5364.9426.1916.51----0.396433.71-54.99-17.94-35,344.77-----6.57
PGIM Global High Yield Fund Inc48.12m48.71m460.80m--9.460.8736--9.581.191.191.1812.890.0719------7.282.527.422.5670.9877.22101.2340.96----0.2156227.51-2.44-1.27136.056.11--52.59
Guggenheim Active Allocation Fund48.90m47.93m467.66m--9.760.8864--9.561.451.451.4816.000.0675--2.50--6.61--9.04--59.37--98.02------0.2055--183.02--89.63------
John Hancock Preferred Income Fund III-100.00bn-100.00bn470.84m--------------------------------------------------------------
BlackRock Ltd Duration Income Trust-100.00bn-100.00bn478.89m0.00------------------------------------------------------------
abrdn World Healthcare Fund12.78m37.62m480.68m--12.741.08--37.620.99320.99320.335211.730.0222--4.48--6.533.716.583.78-6.2819.07294.44180.74----0.2116215.115.47-1.33159.873.10---0.4599
Data as of Apr 19 2024. Currency figures normalised to BlackRock Floating Rate Income Strategies Fund Inc's reporting currency: US Dollar USD

Institutional shareholders

12.75%Per cent of shares held by top holders
HolderShares% Held
Wealth Management Advisors LLC (South Carolina)as of 31 Dec 2023762.54k2.16%
Guggenheim Partners Investment Management LLCas of 31 Dec 2023747.11k2.12%
LPL Financial LLCas of 31 Dec 2023629.31k1.79%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 31 Dec 2023458.03k1.30%
Invesco Capital Management LLCas of 31 Dec 2023398.05k1.13%
Truist Advisory Services, Inc.as of 31 Dec 2023346.47k0.98%
Relative Value Partners Group LLCas of 31 Dec 2023320.48k0.91%
Advisors Asset Management, Inc.as of 31 Dec 2023282.80k0.80%
Osaic Wealth, Inc. (Investment Management)as of 31 Dec 2023275.35k0.78%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 2023272.77k0.77%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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