FRA:NYE-BlackRock Floating Rate Income Strategies Closed Fund (USD)

FUND | Airports & Air Services |

Last Closing

USD 13.24

Change

+0.04 (+0.30)%

Market Cap

USD 4.97B

Volume

0.15M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-10-01 )

Largest Industry Peers for Airports & Air Services

Symbol Name Price(Change) Market Cap
ASR Grupo Aeroportuario del Surest..

-3.64 (-1.29%)

USD 8.58B
JOBY Joby Aviation

-0.23 (-4.57%)

USD 3.66B
CAAP Corporacion America Airports

+0.01 (+0.06%)

USD 2.90B
UP Wheels Up Experience Inc

-0.19 (-7.85%)

USD 1.57B
PAC Grupo Aeroportuario del Pacifi..

-0.82 (-0.47%)

N/A
SOAR Volato Group Inc.

-0.06 (-14.54%)

N/A

ETFs Containing FRA

YYY Amplify High Income ETF 2.48 % 0.50 %

-0.01 (-0.08%)

USD 0.52B

Market Performance

  Market Performance vs. Industry/Classification (Airports & Air Services) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.58% 86% B+ 41% F
Dividend Return 9.78% 100% F 97% N/A
Total Return 14.36% 100% F 62% D
Trailing 12 Months  
Capital Gain 7.21% 33% F 29% F
Dividend Return 11.92% 100% F 95% A
Total Return 19.13% 67% D+ 44% F
Trailing 5 Years  
Capital Gain 4.75% 25% F 47% F
Dividend Return 40.60% 100% F 92% A
Total Return 45.35% 25% F 60% D-
Average Annual (5 Year Horizon)  
Capital Gain 2.43% N/A N/A 47% F
Dividend Return 10.13% N/A N/A 62% D
Total Return 7.70% N/A N/A 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 12.77% N/A N/A 70% C-
Risk Adjusted Return 79.34% N/A N/A 89% A-
Market Capitalization 4.97B 80% B- 77% C+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.