BlackRock Floating Rate Income Strategies Fund Inc (FRA)
The BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) aims to provide investors with high current income and capital preservation by primarily investing in floating rate debt securities, including those that are below investment grade, either directly or through derivatives.
Fund Info
US09255X1000
09255X100
Oct 29, 2003
Expense Ratio
FRA has a high expense ratio of 2.17%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
BlackRock Floating Rate Income Strategies Fund Inc (FRA) returned -4.68% year-to-date (YTD) and 6.61% over the past 12 months. Over the past 10 years, FRA returned 6.82% annually, underperforming the S&P 500 benchmark at 10.46%.
FRA
-4.68%
6.69%
-5.05%
6.61%
12.77%
6.82%
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
Monthly Returns
The table below presents the monthly returns of FRA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -3.53% | 0.18% | 0.04% | -2.42% | 1.04% | -4.68% | |||||||
| 2024 | 0.30% | 2.74% | 1.99% | 1.57% | 1.41% | 0.03% | 5.78% | -2.83% | 2.11% | 5.20% | 2.51% | -0.78% | 21.58% |
| 2023 | 6.86% | 1.00% | -1.44% | 2.42% | -0.48% | 5.38% | 2.94% | 1.68% | 1.57% | -5.61% | 2.77% | 6.47% | 25.46% |
| 2022 | 1.19% | -2.62% | -0.63% | -4.58% | -4.62% | -2.25% | 8.07% | -0.95% | -8.19% | 4.11% | 5.45% | -4.88% | -10.59% |
| 2021 | 2.64% | 3.84% | 1.77% | -0.26% | 0.91% | 2.85% | 0.12% | 2.03% | 0.20% | 1.62% | 1.09% | -0.19% | 17.85% |
| 2020 | 0.22% | -6.59% | -19.37% | 8.69% | 4.38% | 0.63% | 2.96% | 3.24% | -1.22% | -0.73% | 6.97% | 1.62% | -2.36% |
| 2019 | 5.38% | 3.64% | -2.80% | 3.20% | 0.70% | 0.39% | 0.47% | -2.27% | 1.85% | 1.35% | 2.28% | 5.27% | 20.86% |
| 2018 | 3.12% | 2.41% | 0.63% | 0.56% | -2.27% | -1.41% | -0.69% | 0.91% | 0.40% | -5.49% | -1.82% | -4.55% | -8.25% |
| 2017 | 1.39% | 1.31% | -1.29% | 0.15% | 0.28% | -2.01% | 2.00% | -0.97% | 2.29% | 0.08% | -2.51% | 0.16% | 0.76% |
| 2016 | -2.79% | -1.98% | 7.39% | 1.78% | 1.45% | -1.20% | 3.44% | 1.65% | 1.62% | -0.14% | 1.25% | 5.24% | 18.68% |
| 2015 | -0.60% | 4.42% | 0.99% | 1.06% | -1.38% | -0.97% | -0.47% | -2.87% | 0.52% | 1.17% | -0.99% | 1.54% | 2.25% |
| 2014 | 0.34% | 0.80% | -0.41% | -0.13% | 0.28% | 1.88% | -1.51% | -0.21% | -0.91% | -1.80% | -0.53% | -0.56% | -2.77% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FRA is 52, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Floating Rate Income Strategies Fund Inc (FRA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
BlackRock Floating Rate Income Strategies Fund Inc provided a 11.78% dividend yield over the last twelve months, with an annual payout of $1.49 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.49 | $1.49 | $1.32 | $0.77 | $0.80 | $0.92 | $0.85 | $0.82 | $0.73 | $0.81 | $0.80 | $0.84 |
Dividend yield | 11.78% | 10.81% | 10.44% | 6.88% | 5.96% | 7.61% | 6.31% | 6.90% | 5.31% | 5.65% | 6.17% | 6.24% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Floating Rate Income Strategies Fund Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.12 | $0.12 | $0.12 | $0.12 | $0.00 | $0.50 | |||||||
| 2024 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.49 |
| 2023 | $0.08 | $0.08 | $0.11 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $1.32 |
| 2022 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.77 |
| 2021 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.13 | $0.80 |
| 2020 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.13 | $0.92 |
| 2019 | $0.00 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.14 | $0.85 |
| 2018 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.19 | $0.82 |
| 2017 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.12 | $0.73 |
| 2016 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.20 | $0.81 |
| 2015 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.13 | $0.80 |
| 2014 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.13 | $0.84 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Floating Rate Income Strategies Fund Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Floating Rate Income Strategies Fund Inc was 51.42%, occurring on Dec 15, 2008. Recovery took 278 trading sessions.
The current BlackRock Floating Rate Income Strategies Fund Inc drawdown is 8.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.42% | Jun 20, 2007 | 377 | Dec 15, 2008 | 278 | Jan 25, 2010 | 655 |
| -42.8% | Jan 23, 2020 | 39 | Mar 18, 2020 | 209 | Jan 14, 2021 | 248 |
| -21.87% | Jun 3, 2011 | 86 | Oct 4, 2011 | 229 | Aug 30, 2012 | 315 |
| -20.13% | Apr 27, 2010 | 18 | May 20, 2010 | 247 | May 12, 2011 | 265 |
| -18.77% | Dec 17, 2024 | 75 | Apr 7, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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