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)14.05
  • Today's Change-0.03 / -0.21%
  • Shares traded131.04k
  • 1 Year change+16.79%
  • Beta0.6123
Data delayed at least 15 minutes, as of Nov 09 2024.
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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)57.03m
  • Net income in USD49.18m
  • 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 Taxable Municipal Income Fund38.97m16.30m477.96m--29.331.02--12.270.55440.55441.3316.010.0547------2.290.67223.180.872458.3076.0141.8413.12--3.560.3243618.27-5.240.893-108.86-----1.53
BlackRock MuniAssets Fund Inc30.91m46.14m479.42m0.0010.391.05--15.511.201.200.80411.890.0484--58.24--7.22--7.33--63.20--149.28------0.282--1.20--318.10------
Nuveen Preferred and Income Term Fund46.08m61.27m484.82m--7.911.07--10.522.692.692.0219.960.0676--0.3965--8.981.5110.191.6553.6268.71132.9524.92----0.3385283.831.29-2.38285.427.10---6.32
John Hancock Preferred Income Fund-100.00bn-100.00bn487.66m--------------------------------------------------------------
Abrdn Global Infrastructure Income Fund28.92m32.84m488.00m--14.860.9296--16.871.301.301.1520.830.0542------6.16--6.21--72.08--113.56------0.00--126.25--147.39------
Gladstone Investment Corporation118.29m69.99m491.26m70.006.571.03--4.152.042.043.3613.010.1343--21.941,689,814.007.957.368.307.6540.4550.1259.1754.79----0.45387.7427.37-1.72139.980.8945--20.76
Invesco California Value Mncpl Incm Trst30.58m44.03m494.71m--11.230.9087--16.180.91950.91950.638511.370.0347--7.50--4.991.115.041.1234.2659.00144.0131.49----0.3762221.3480.15-5.14160.6417.14---7.93
BlackRock Flotng Rt Incm Strtgs Fund Inc57.03m49.18m495.01m--10.441.07--8.681.351.351.5413.080.0913--4.62--7.88--8.14--76.57--86.24------0.2432--43.89--770.87------
Neuberger Brmn Egy Iftrt and Inm Fnd Inc10.76m120.39m503.70m--4.181.01--46.832.122.120.18988.810.0189------21.173.2221.213.23-17.86-77.191,119.34312.54----0.1711150.6016.5715.49-100.47----1.21
Nuveen New Jersey Quality Mncpl Inc Fund-100.00bn-100.00bn514.17m--------------------------------------------------------------
BlackRock MuniYield Fund Inc38.27m23.93m514.50m--21.500.927--13.440.52320.52320.836817.630.0449--4.64--2.81--2.84--56.20--62.53------0.06--3.72--530.40------
Palmer Square Capital BDC Inc129.93m84.00m514.81m--6.070.9365--3.962.602.604.0216.850.1023--116.89--6.61--6.93--50.01--64.65------0.5992--50.64--244.78------
Innventure Inc0.00-5.79m515.16m----2.01-----0.3499-0.34990.005.760.00-------3.37---3.47--------------0.0419-------60.50------
BlackRock Ltd Duration Income Trust-100.00bn-100.00bn516.73m0.00------------------------------------------------------------
Royce Micro-Cap Trust Inc7.50m67.69m517.46m--7.660.9665--69.041.331.330.147710.560.0143--9.53--12.92--12.95--6.10--903.17------0.0037--10.29--170.94------
BlackRock Municipal Income Trust II38.53m27.86m518.32m0.0018.600.894--13.450.58380.58380.807312.150.0427--13.41--3.08-0.56573.15-0.573753.6364.2872.31-14.67----0.3166---6.898.711,046.23-1.83---7.11
Data as of Nov 09 2024. Currency figures normalised to BlackRock Floating Rate Income Strategies Fund Inc's reporting currency: US Dollar USD

Institutional shareholders

10.70%Per cent of shares held by top holders
HolderShares% Held
Guggenheim Partners Investment Management LLCas of 30 Jun 2024706.45k2.01%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 30 Jun 2024620.33k1.76%
LPL Financial LLCas of 30 Sep 2024512.80k1.46%
Advisors Asset Management, Inc.as of 30 Sep 2024362.93k1.03%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Jun 2024300.35k0.85%
Osaic Wealth, Inc. (Investment Management)as of 30 Jun 2024288.76k0.82%
Invesco Capital Management LLCas of 30 Jun 2024266.11k0.76%
Marathon Strategic Advisors LLCas of 30 Sep 2024240.80k0.68%
Invesco Investment Advisers LLCas of 30 Jun 2024238.20k0.68%
Relative Value Partners Group LLCas of 31 Mar 2024233.08k0.66%
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Data from 31 Mar 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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