FRA
Price:
$11.88
Market Cap:
$420.31M
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.
Industry
Asset Management - Income
IPO Date
2003-10-29
Stock Exchange
NYSE
Ticker
FRA
According to BlackRock Floating Rate Income Strategies Fund, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 558.29M. This represents a change of -8.32% compared to the average of 608.95M of the last 4 quarters.
The mean historical Enterprise Value of BlackRock Floating Rate Income Strategies Fund, Inc. over the last ten years is 654.14M. The current 558.29M Enterprise Value has changed 8.43% with respect to the historical average. Over the past ten years (40 quarters), FRA's Enterprise Value was at its highest in in the February 2018 quarter at 770.36M. The Enterprise Value was at its lowest in in the September 2022 quarter at 531.72M.
Average
654.14M
Median
661.81M
Minimum
531.08M
Maximum
756.84M
Discovering the peaks and valleys of BlackRock Floating Rate Income Strategies Fund, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 30.78%
Maximum Annual Enterprise Value = 756.84M
Minimum Annual Increase = -22.17%
Minimum Annual Enterprise Value = 531.08M
| Year | Enterprise Value | Change |
|---|---|---|
| 2024 | 628.61M | 6.40% |
| 2023 | 590.80M | 9.30% |
| 2022 | 540.53M | -22.17% |
| 2021 | 694.53M | 30.78% |
| 2020 | 531.08M | -18.96% |
| 2019 | 655.37M | -11.59% |
| 2018 | 741.24M | -2.06% |
| 2017 | 756.84M | 3.10% |
| 2016 | 734.12M | 9.86% |
| 2015 | 668.25M | -12.93% |
The current Enterprise Value of BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
586.65M
5-year avg
597.11M
10-year avg
654.14M
BlackRock Floating Rate Income Strategies Fund, Inc.’s Enterprise Value is less than Advent Convertible and Income Fund (788.98M), less than Nuveen Pennsylvania Quality Municipal Income Fund (773.33M), greater than Eaton Vance Tax-Managed Buy-Write Income Fund (447.70M), less than John Hancock Preferred Income Fund (711.01M), greater than Virtus Convertible & Income Fund (447.49M), greater than Crossmark Steward Global Equity Income Fund (0), less than Nuveen Multi-Asset Income Fund (645.58M), greater than PIMCO Income Strategy Fund (434.30M), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (595.13M), less than Calamos Global Dynamic Income Fund (600.30M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 788.98M | $439.00M | |
| 773.33M | $449.59M | |
| 447.70M | $447.38M | |
| 711.01M | $453.91M | |
| 447.49M | $348.84M | |
| 0 | $452.55M | |
| 645.58M | $444.56M | |
| 434.30M | $385.59M | |
| 595.13M | $406.56M | |
| 600.30M | $469.40M |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is BlackRock Floating Rate Income Strategies Fund, Inc.'s Enterprise Value?
What is the highest Enterprise Value for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
What is the 3-year average Enterprise Value for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
What is the 5-year average Enterprise Value for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
How does the current Enterprise Value for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) compare to its historical average?