FRA icon

Blackrock Floating Rate (FRA)

NYSE

$11.16

-$0.100 (

-0.89%

)

1D
5D
1M
6M
1Y
5Y
Market closed

FRA: $11.16 / ₿ 0.0002 BTC / 16797 Sats

1D
5D
1M
6M
1Y
5Y

Key statistics

$11.26
$10.90 - $13.41
$395.45M
12.45
$11.22
$143,006.20
35.43M
12.83
$11.05 - $12.00
13.32
$11.14 - $11.24
Yes

What is Blackrock Floating Rate (FRA)?

Blackrock Floating Rate Inc Stra Fd Inc is a United States-based diversified closed-ended management investment company. The Fund's investment objective is to provide shareholders with high current income and preservation of capital with investment in a diversified, leveraged portfolio consisting of floating-rate debt securities and instruments.

The Blackrock Floating Rate (FRA) stock price has been falling

The Blackrock Floating Rate Income Strategies Fund, Inc. (FRA) stock price today is $11.16, reflecting a -0.89% move since the market opened. The company’s market capitalization stands at $395.45M, with a daily trading volume of $143.01K shares. For investors tracking price trends, Blackrock Floating Rate Income Strategies Fund, Inc. stock has ranged between $11.14 and $11.24 today. The previous closing price was $11.26.

Get started with Blackrock Floating Rate (FRA)

Ready to get started? Follow the steps below, or read our guide on how to buy Blackrock Floating Rate stock on Kraken starting from $10.

Create an account

Create an account

Open the Kraken app to confirm your eligibility and follow the steps for account verification.



Deposit funds

Deposit funds

Once your account has been verified and stock trading is unlocked, you can deposit funds into your account using your preferred payment method.

Buy

Buy FRA

Search for FRA in the Kraken app, enter the amount you want to invest, review the important details and tap Confirm to place an order to buy FRA.

FRA FAQs

FRA is in the Financial Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

FRA is in the Asset Management industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Blackrock Floating Rate Income Strategies Fund, Inc. (FRA) has traded between a low of $10.90 and a high of $13.41.

FRA is in the Asset Management industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

FRA’s payout ratio is 1.71. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

FRA’s trailing dividend yield is 13.320000000000002. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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