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

FUND | Airports & Air Services |

Last Closing

USD 13.99

Change

-0.04 (-0.29)%

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: 2024-11-14 )

Largest Industry Peers for Airports & Air Services

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

+4.60 (+1.77%)

USD 7.89B
JOBY Joby Aviation

+0.01 (+0.17%)

USD 3.80B
CAAP Corporacion America Airports

+0.55 (+2.90%)

USD 3.07B
UP Wheels Up Experience Inc

-0.16 (-7.37%)

USD 1.45B
PAC Grupo Aeroportuario del Pacifi..

+5.55 (+3.14%)

N/A
SOAR Volato Group Inc.

-0.02 (-10.60%)

N/A

ETFs Containing FRA

YYY Amplify High Income ETF 2.71 % 0.50 %

-0.08 (-0.66%)

USD 0.55B

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 10.51% 86% B+ 57% F
Dividend Return 9.79% 100% F 95% A
Total Return 20.30% 86% B+ 71% C-
Trailing 12 Months  
Capital Gain 17.96% 50% F 58% F
Dividend Return 11.50% 100% F 94% A
Total Return 29.46% 50% F 70% C-
Trailing 5 Years  
Capital Gain 9.04% 25% F 51% F
Dividend Return 40.72% 100% F 91% A-
Total Return 49.76% 25% F 64% D
Average Annual (5 Year Horizon)  
Capital Gain 3.03% 33% F 45% F
Dividend Return 8.79% 50% F 57% F
Total Return 5.76% 100% F 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 20.59% 100% F 54% F
Risk Adjusted Return 42.68% 50% F 60% D-
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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.