FRA: Leveraged Loan Fund With A Macro Issue [Seeking Alpha]
Blackrock Floating Rate Income Strategies Fund Inc (FRA)
US:NYSE Investor Relations:
blackrock.com/investing/products/240189/blackrock-floating-rate-income-strategies-fund-inc-usd-fund
Company Research
Source: Seeking Alpha
FRA's premium to NAV is unsustainable as peers trade at discounts and the fund lacks alpha versus competitors (VVR, JFR). Falling Fed Funds rates and tight credit spreads threaten leveraged loan yields, pressuring FRA's NAV and distribution sustainability. A distribution cut to 9%-10% is likely, with FRA expected to move to a discount, negatively impacting the share price. Images By Tang Ming Tung/DigitalVision via Getty Images Thesis BlackRock Floating Rate Income Strategies Fund Inc ( FRA ) is a closed end fund we have not covered before. The CEF comes from BlackRock and focuses on leveraged loans. In today's This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busin
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FRA
Sec Filings
- 11/28/25 - Form EFFECT
- 11/26/25 - Form NPORT-P
- 10/31/25 - Form N-2/A
- FRA's page on the SEC website