(FRA) BlackRock Floating Rate - Overview
Fund: Bonds, Loans, Debt, Securities, Income
Dividends
| Dividend Yield | 11.78% |
| Yield on Cost 5y | 21.92% |
| Yield CAGR 5y | 16.64% |
| Payout Consistency | 94.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 9.65% |
| Relative Tail Risk | -0.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.15 |
| Alpha | -7.51 |
| Character TTM | |
|---|---|
| Beta | 0.380 |
| Beta Downside | 0.499 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.77% |
| CAGR/Max DD | 0.59 |
Description: FRA BlackRock Floating Rate December 28, 2025
BlackRock Floating Rate Income Strategies Closed Fund (NYSE: FRA) is a U.S.-based closed-end fund that invests primarily in bank-loan assets, offering investors exposure to floating-rate debt that typically benefits from rising short-term interest rates.
Key metrics (as of the most recent quarterly report) include an average weighted yield of roughly 5.3%, a portfolio duration of about 1.2 years, and a credit quality distribution weighted toward BB-BBB ratings, reflecting a focus on senior secured loans. The fund’s performance is closely tied to Federal Reserve policy cycles, with higher Fed rates generally boosting the fund’s income while also increasing credit-spread volatility in the leveraged loan market.
For a deeper, data-driven look at how FRA’s risk-adjusted returns compare to peers, you might explore the fund’s profile on ValueRay.
What is the price of FRA shares?
Over the past week, the price has changed by -0.60%, over one month by -0.33%, over three months by -3.22% and over the past year by +1.21%.
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 | 14.6 | 25% |
FRA Fundamental Data Overview February 04, 2026
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)
EV/FCF = unknown (FCF 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 = 7.32% (E(452.4m)/V(452.4m) * Re(7.32%) + (debt-free company))
Discount Rate = 7.32% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)