(FRA) BlackRock Floating Rate - Ratings and Ratios
Floating,Rate,Bonds,Leveraged,Loans
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 |
FRA Fund Ratings
| Growth Rating | 59.2% |
| Fundamental | - |
| Dividend Rating | 94.3% |
| Return 12m vs S&P 500 | -14.0% |
| Analyst Rating | - |
FRA Dividends
| Dividend Yield 12m | 12.04% |
| Yield on Cost 5y | 20.03% |
| Annual Growth 5y | 12.65% |
| Payout Consistency | 94.0% |
| Payout Ratio | % |
FRA Growth Ratios
| Growth Correlation 3m | -80.1% |
| Growth Correlation 12m | 41.2% |
| Growth Correlation 5y | 87.3% |
| CAGR 5y | 13.31% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.71 |
| CAGR/Mean DD 3y (Pain Ratio) | 5.18 |
| Sharpe Ratio 12m | -0.30 |
| Alpha | -12.80 |
| Beta | |
| Volatility | 11.10% |
| Current Volume | 185.7k |
| Average Volume 20d | 122.9k |
| Stop Loss | 11.9 (-3.7%) |
| Signal | -0.23 |
What is the price of FRA shares?
Over the past week, the price has changed by -1.51%, over one month by -3.48%, over three months by -3.95% and over the past year by -2.50%.
Is BlackRock Floating Rate a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FRA is around 13.21 USD . This means that FRA is currently overvalued and has a potential downside of 6.88%.
Is FRA a buy, sell or hold?
What are the forecasts/targets for the FRA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 14.7 | 18.7% |
FRA Fundamental Data Overview November 04, 2025
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 = 8.03% (E(452.4m)/V(452.4m) * Re(8.03%) + (debt-free company))
Discount Rate = 8.03% (= 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
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle