BLW vs. FRA
Compare and contrast key facts about BlackRock Limited Duration Income Trust (BLW) and BlackRock Floating Rate Income Strategies Fund Inc (FRA).
FRA is managed by Blackrock. It was launched on Oct 29, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLW or FRA.
Correlation
The correlation between BLW and FRA is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BLW vs. FRA - Performance Comparison
Key characteristics
BLW:
1.48
FRA:
1.69
BLW:
2.13
FRA:
2.21
BLW:
1.28
FRA:
1.32
BLW:
2.44
FRA:
2.51
BLW:
8.90
FRA:
9.41
BLW:
1.37%
FRA:
2.03%
BLW:
8.27%
FRA:
11.33%
BLW:
-44.58%
FRA:
-51.42%
BLW:
-0.89%
FRA:
-7.55%
Returns By Period
In the year-to-date period, BLW achieves a 0.35% return, which is significantly higher than FRA's -3.85% return. Both investments have delivered pretty close results over the past 10 years, with BLW having a 7.21% annualized return and FRA not far ahead at 7.52%.
BLW
0.35%
-0.61%
4.70%
12.03%
5.57%
7.21%
FRA
-3.85%
-6.61%
3.35%
19.89%
8.45%
7.52%
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Risk-Adjusted Performance
BLW vs. FRA — Risk-Adjusted Performance Rank
BLW
FRA
BLW vs. FRA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Limited Duration Income Trust (BLW) and BlackRock Floating Rate Income Strategies Fund Inc (FRA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BLW vs. FRA - Dividend Comparison
BLW's dividend yield for the trailing twelve months is around 8.59%, less than FRA's 10.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLW BlackRock Limited Duration Income Trust | 8.59% | 9.38% | 8.63% | 8.25% | 6.98% | 7.39% | 6.30% | 7.18% | 6.26% | 9.68% | 8.29% | 8.28% |
FRA BlackRock Floating Rate Income Strategies Fund Inc | 10.32% | 10.82% | 10.44% | 6.89% | 5.99% | 7.63% | 6.48% | 6.92% | 5.31% | 5.65% | 6.15% | 6.23% |
Drawdowns
BLW vs. FRA - Drawdown Comparison
The maximum BLW drawdown since its inception was -44.58%, smaller than the maximum FRA drawdown of -51.42%. Use the drawdown chart below to compare losses from any high point for BLW and FRA. For additional features, visit the drawdowns tool.
Volatility
BLW vs. FRA - Volatility Comparison
The current volatility for BlackRock Limited Duration Income Trust (BLW) is 2.14%, while BlackRock Floating Rate Income Strategies Fund Inc (FRA) has a volatility of 3.95%. This indicates that BLW experiences smaller price fluctuations and is considered to be less risky than FRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.