(FRA) BlackRock Floating Rate - Ratings and Ratios

Exchange: NYSE • Country: USA • Currency: USD • Type: Fund • ISIN: US09255X1000

Floating,Rate,Bonds,Leveraged,Loans

Risk via 10d forecast
Volatility 10.3%
Value at Risk 5%th 16.7%
Relative Tail Risk -1.91%
Reward TTM
Sharpe Ratio -0.41
Alpha -10.29
Character TTM
Hurst Exponent 0.343
Beta 0.386
Beta Downside 0.511
Drawdowns 3y
Max DD 18.77%
Mean DD 2.60%
Median DD 1.34%

Description: FRA BlackRock Floating Rate October 25, 2025

BlackRock Floating Rate Income Strategies Closed Fund (NYSE:FRA) is a U.S.-based closed-end fund that invests primarily in senior secured bank loans, positioning itself within the “bank loan” style of floating-rate securities.

Key performance metrics as of the most recent quarter include a 30-day SEC yield of roughly 4.2%, a weighted-average loan spread of about 300 basis points over LIBOR, and a portfolio-wide average credit rating of B+. The fund’s expense ratio sits near 0.80%, and its net asset value (NAV) per share has trended within a 5% band of its market price, indicating modest discount/premium volatility.

The fund’s returns are highly sensitive to Federal Reserve policy because floating-rate loans reset with short-term rates; therefore, the pace of Fed rate hikes or cuts directly influences income generation. Additionally, the health of the leveraged-loan market-driven by corporate issuance volumes and credit-cycle dynamics-acts as a primary sector driver, with energy and industrial borrowers accounting for a sizable share of the portfolio.

For a deeper, data-driven look at FRA’s risk-adjusted performance, you might explore ValueRay’s analytics platform.

FRA Fund Overview

Market Cap in USD 452m
Style Bank Loan
TER 1.72%
IPO / Inception 2003-10-31
Return 12m vs S&P 500 -16.5%
Analyst Rating -

FRA Dividends

Dividend Yield 12.29%
Yield on Cost 5y 19.97%
Yield CAGR 5y 12.65%
Payout Consistency 94.0%
Payout Ratio -

FRA Growth Ratios

CAGR 3y 13.64%
CAGR/Max DD Calmar Ratio 0.73
CAGR/Mean DD Pain Ratio 5.25
Current Volume 192.6k
Average Volume 132.6k

What is the price of FRA shares?

As of November 17, 2025, the stock is trading at USD 12.11 with a total of 192,621 shares traded.
Over the past week, the price has changed by -1.02%, over one month by -2.91%, over three months by -5.32% and over the past year by -3.47%.

Is BlackRock Floating Rate a good stock to buy?

Partly, yes. Based on ValueRay´s Analyses, BlackRock Floating Rate (NYSE:FRA) is currently (November 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 59.56 and therefor an somewhat technical positive rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FRA is around 12.96 USD . This means that FRA is currently overvalued and has a potential downside of 7.02%.

Is FRA a buy, sell or hold?

BlackRock Floating Rate has no consensus analysts rating.

What are the forecasts/targets for the FRA price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 14.3 18.2%

FRA Fundamental Data Overview November 04, 2025

Market Cap USD = 452.4m (452.4m USD * 1.0 USD.USD)
Beta = None
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 452.4m USD (452.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 452.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 452.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.44% (E(452.4m)/V(452.4m) * Re(7.44%) + (debt-free company))
Discount Rate = 7.44% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for FRA Fund

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle