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Buy FRA
$10.89
+0.0400 (+0.369%)
At Close: Jun 23, 2026
5 Closed-End Fund Buys In The Month Of December 2023 (Plus 1 Sell)
05:02am, Tuesday, 16'th Jan 2024
Equity and fixed-income markets had another strong month in December, driven by continuing retreating risk-free Treasury rates. We even saw an improvement in the breadth of the overall market, with br
FRA: A Good Way To Hedge Your 2024 Interest Rate Risk
02:58pm, Wednesday, 20'th Dec 2023
The BlackRock Floating Rate Income Strategies Fund Inc specializes in providing investors with a high level of current income, with an attractive 11.97% yield. The FRA closed-end fund invests in float
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
01:00pm, Friday, 15'th Dec 2023
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
05:00pm, Tuesday, 05'th Dec 2023
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Ra
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
05:15pm, Tuesday, 31'st Oct 2023
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR),
FRA: Continuing To Benefit From Higher Rates
10:42am, Sunday, 15'th Oct 2023
BlackRock Floating Rate Income Strategies Fund is benefiting from higher rates by the Fed and continues to generate growing NII. The fund's discount has narrowed, making it even less appealing for ent
Rising Interest Rates Got You Down? Try Floating Above The Fear
12:00pm, Monday, 25'th Sep 2023
Interest rates are likely to remain elevated due to the strong U.S. economy, despite inflation concerns. The U.S. debt has reached a record high, and fears of a government shutdown are exacerbating ma
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
03:47pm, Friday, 01'st Sep 2023
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
04:30pm, Thursday, 31'st Aug 2023
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR),
FRA: A Good 11%-Yielding CEF To Buy For Income Today
06:56pm, Wednesday, 16'th Aug 2023
The high rate of inflation in the U.S. is a major problem, with the consumer price index showing a significant increase following the economic lockdowns in 2020. Wages have not kept up with the cost o
CEF Weekly Review: Discount Pro-Cyclicality Is Not Fully Rational
08:55am, Saturday, 15'th Jul 2023
We review CEF market valuation and performance through the first week of July and highlight recent market action. CEFs were roughly flat on the week as NAVs fell while discounts remained resilient. CE
FRA: Another Distribution Increase
02:50pm, Monday, 05'th Jun 2023
Floating rate funds, such as BlackRock Floating Rate Income Strategies Fund, have benefited from the Fed's interest rate hikes and could still be a worthwhile investment option. The fund's discount ha
FRA: Earn A High Yield And Reduce Your Interest Rate Risk
04:52pm, Tuesday, 09'th May 2023
Investors are in desperate need of additional sources of income since the rapidly rising cost of living has strained many budgets. BlackRock Floating Rate Income Strategies Fund Inc invests in a portf
Weekly Closed-End Fund Roundup - March 5, 2023
08:03am, Thursday, 16'th Mar 2023
19 out of 22 CEF sectors were positive on price and 12 out of 22 sectors were positive on NAV last week. Delaware/Abrdn mergers are closing this week.
FRA: Discounted Floating Rate Fund
02:58pm, Tuesday, 28'th Feb 2023
While interest rate hikes might be nearing an end, there are still some left to go that floating rate funds can benefit from. FRA continues to trade at an attractive discount, making it a potential op
