BlackRock Floating Rate Income Strategies Fund, Inc.
FRAFinancial ServicesNASDAQAsset Management · Last scanned Jul 18, 2026
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Daily timeframeOperating under the Asset Management umbrella, BlackRock Floating Rate Income Strategies Fund, Inc. is a financial services company. BlackRock Floating Rate Income Strategies Fund, Inc. Valued at $380.2M, FRA is a small-cap name in its sector. is a close ended fixed income mutual fund launched by BlackRock, Inc.
Market Cap
$380.2M
Beta
0.41
P/E (TTM)
15.33
P/E (Fwd)
—
EPS (TTM)
$0.70
EPS (Fwd)
—
ROE
5.5%
ROA
4.2%
Cash
$3.6M
Total Debt
$208.0M
Free CF
$27.8M
52W Change
-18.8%
Annual Financials
Cash vs Debt
On the balance sheet, FRA has $3.6M in cash with $208.0M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $27.8M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 5.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.2% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from -$9.0M to $24.7M.
FRA's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence BlackRock Floating Rate Income Strategies Fund, Inc.'s trajectory.