BlackRock Floating Rate I... (FRA)
NYSE: FRA
· Real-Time Price · USD
13.25
-0.03 (-0.23%)
At close: Jul 09, 2025, 3:59 PM
-0.23% (1D)
| Bid | 12.75 |
| Market Cap | 468.46M |
| Revenue (ttm) | 75.62M |
| Net Income (ttm) | 68.66M |
| EPS (ttm) | 1.12 |
| PE Ratio (ttm) | 11.83 |
| Forward PE | n/a |
| Analyst | n/a |
| Ask | 13.4 |
| Volume | 164,439 |
| Avg. Volume (20D) | 109,525 |
| Open | 13.32 |
| Previous Close | 13.28 |
| Day's Range | 13.23 - 13.32 |
| 52-Week Range | 10.90 - 14.50 |
| Beta | 0.43 |
2 months ago · seekingalpha.com
FRA: Net Asset Value Destruction Continues As The Fund Maintains DistributionsFRA offers a high yield (11.69%) but is overdistributing, causing net asset value destruction and threatening sustainability. The fund is trading at a premium to NAV, while most peers trade at discoun...