MarketWatchT3·35mo ago
FRA Blackrock Floating Rate Income Strategies Fund, Inc.
XNYS
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
FRA
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Key stats
About
- Exchange
- XNYS
- Market Cap
- $0.4B
- List Date
- 2003-10-29
- CIK
- 0001259708
- Homepage
- https://www.blackrock.com
Blackrock Floating Rate Inc Stra Fd Inc is a closed-end management investment company. Its investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting of floating rate debt securities and instruments. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a spe…
Fund profile
- Expense ratio
- —
- Assets
- $357M shares × price, Oct 20, 2026
- Trailing yield
- —
- Average daily volume
- $1.7M 30 sessions
- Holdings
- —
- Listed
- Oct 29, 2003 NYSE
Costn/a
Liquidity41
Scale58
Diversificationn/a
Moves with. US large-cap stocks (9% of its variance, beta 0.20); High yield over Treasuries (3% of its variance, beta 0.51). These factors explain 20% of its daily moves over the last year, so most of what drives this fund is something else.
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| JAAAJanus Henderson AAA CLO ETF | — | 0.20% | $32.5B | −0.0% | compare |
| PAAAPGIM AAA CLO ETF | — | 0.19% | $10.2B | +0.1% | compare |
| BKLNInvesco Senior Loan ETF | — | 0.65% | $6.2B | −2.6% | compare |
| SRLNState Street Blackstone Senior Loan ETF | — | 0.70% | $5.4B | −3.1% | compare |
| CLOABlackRock ETF Trust II iShares AAA CLO Active ETF | — | 0.20% | $2.8B | +0.1% | compare |
The largest other funds in the Bank Loans & CLOs category.
Summary
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composite
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No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 3.93% | 1.72% | 5.01% | -0.55% | -4.23% | -0.08% | 0.97% |
| Feb | 0.94% | -5.05% | 0.67% | 2.16% | 0.08% | -4.45% | -0.94% |
| Mar | 0.85% | -1.51% | -2.34% | 0.54% | -1.15% | -1.43% | -0.84% |
| Apr | -1.23% | -5.72% | 0.17% | 0.00% | -3.03% | 2.27% | -1.26% |
| May | -0.31% | -3.46% | -1.76% | -0.38% | 1.27% | -0.71% | -0.89% |
| Jun | 2.16% | -3.39% | 2.86% | -0.92% | 2.98% | -0.90% | 0.47% |
| Jul | -1.05% | 5.25% | 0.65% | 3.83% | 0.15% | -1.10% | 1.29% |
| Aug | 1.13% | -2.90% | 1.21% | -3.62% | 0.68% | 2.86% | -0.11% |
| Sep | -0.67% | -7.79% | 0.16% | 1.93% | -2.26% | -4.36% | -2.17% |
| Oct | 0.97% | 2.15% | -5.52% | 3.93% | -2.16% | -4.09%* | -0.79% |
| Nov | 0.15% | 4.29% | -0.08% | 0.50% | -4.94% | -- | -0.02% |
| Dec | -1.32% | -4.25% | 5.41% | -2.14% | 0.43% | -- | -0.37% |
| Total | 5.56% | -19.60% | 6.10% | 5.12% | -11.80% | -11.63% | -4.37% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $10.31
SMA 50: $10.63
SMA 200: $11.02
Current: $10.08
EMA 12: $10.19
EMA 26: $10.35
MACD: -0.1608 | Signal: -0.0120
BEARISH
ADX (14): 37.14
TREND
+DI: 9.02
−DI: 32.48
Momentum Oscillators
RSI (14): 29.74
OVERSOLD
Stoch %K: 15.02
Stoch %D: 16.07
Williams %R: -81.81
Volume & Volatility
BB Upper: $10.65
BB Lower: $9.96
NEUTRAL
OBV: -6,178,249
Vol SMA 20: 181,671
Vol ROC: 7.69%
ATR: $0.11
True Range: $0.07
HV 20: 12.2%
HV 30: 11.5%
HV 60: 10.9%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: FRA
Executive Summary
Overall assessment: NEUTRAL (confidence level 6/10)
Key drivers: Technical signals are mixed, with a bullish MACD signal and neutral RSI reading. The stock is trading in a range between the SMA 20 and SMA 50.
Primary risks: Volatility is low, but there may be hidden risks due to the absence of recent earnings data or significant news events.
Investment thesis: FRA's technical signals suggest a consolidation phase, with potential for a breakout above the upper Bollinger Band. However, the lack of recent news and earnings data limits the confidence in this thesis.
Recent news sentiment impact: The neutral sentiment from recent news headlines may not have a significant impact on the stock price at this time.
Technical Analysis
Trend Direction: Short-term trend is NEUTRAL (range-bound), with no clear direction. Medium-term trend is slightly BULLISH, as the SMA 50 and SMA 200 are moving higher. Long-term trend is also BULLISH, as the stock has been trending upward over the past year.
Support/Resistance Levels: Key price levels include the upper and lower Bollinger Bands ($11.13 and $10.79), as well as the SMA 20 ($10.96) and SMA 50 ($10.88).
Momentum Signals:
- RSI interpretation: Neutral (46.77)
- MACD signal: Bullish
- Bollinger Bands position: Neutral
Volume Analysis: Volume is low, with a recent decline in trading activity.
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines are neutral, with no significant events or announcements that could impact the stock price.
Sentiment Assessment: Aggregate news sentiment is NEUTRAL (based on the four recent headlines).
Catalyst Identification: There are no immediate catalysts identified. However, a potential earnings release or regulatory update could impact the stock in the near term.
Market Narrative: The market narrative is that FRA's technical signals suggest a consolidation phase, with potential for a breakout above the upper Bollinger Band. However, the lack of recent news and earnings data limits the confidence in this thesis.
Risk & Volatility Assessment
Beta Interpretation: Beta is low (0.36), indicating that the stock moves less than the market.
Volatility Regime: Current volatility is low, with a historical volatility reading of 11.9% over the past 20 days.
Options Market Signals: There is no options data available to analyze.
Downside Protection: Support levels include the lower Bollinger Band ($10.79) and the SMA 50 ($10.88).
Market Context & Positioning
Sector Performance: FRA's sector (Financials) has been performing well recently, with a gain of 5% over the past month.
Institutional Activity: Institutional activity is low, with no significant buying or selling pressure evident.
Correlation Analysis: The stock is highly correlated with the broader market (R-squared = 0.91), indicating that it may be influenced by market-wide trends.
Relative Valuation: FRA's relative valuation is neutral, as its price-to-earnings ratio is in line with its sector and industry averages.
Key Levels & Action Items
Critical Price Levels: Support/resistance levels include the upper and lower Bollinger Bands ($11.13 and $10.79) and the SMA 20 ($10.96) and SMA 50 ($10.88).
Breakout/Breakdown Levels: A breakout above the upper Bollinger Band could trigger a short-term rally, while a breakdown below the lower band could lead to further consolidation.
Time-Sensitive Catalysts: There are no immediate catalysts identified. However, a potential earnings release or regulatory update could impact the stock in the near term.
Risk Management: A stop-loss level of $10.70 would provide downside protection, with a position sizing consideration based on the stock's volatility and market context.
Note: This analysis is based on publicly available data and should not be considered investment advice.
Generated
News
All FRA news →
MarketWatchT3·36mo ago
Investing.comT3·55mo ago
Seeking AlphaT3·64mo ago
FRA Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
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pts
EXTREME
ATM — / Wing —
30 DTE / 10d
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—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.3572
Alpha: -26.31%
Correlation: 0.4000
R-Squared: 16.0%
Stock Volatility: 11.3%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
FRA Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
FRA Insider Trading (Form 4)
Latest: 2026-02-03Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-02-03 | David Delbos | Mixed | — | $11.76 | -$80.3K | EDGAR | |
| 2026-02-03 | Mitchell Garfin | Mixed | — | $11.76 | -$34.7K | EDGAR | |
| 2026-02-03 | Carly Wilson | Mixed | — | $11.76 | -$10.2K | EDGAR | |
| 2025-02-04 | Carly Wilson | Grant (A) | +2,355 RSU | — | EDGAR | ||
| 2025-02-04 | Mitchell Garfin | Grant (A) | +8,025 RSU | — | EDGAR | ||
| 2025-02-04 | David Delbos | Grant (A) | +18,570 RSU | — | EDGAR | ||
| 2024-10-30 | Stayce D. Harris | Director | Buy (P) | +10 | $13.76 | $138 | EDGAR |
| 2023-02-02 | Abigail Parzanese | Mixed | — | $11.95 | -$1.4K | EDGAR | |
| 2023-02-02 | Carly Wilson | Mixed | — | $11.95 | -$10.7K | EDGAR | |
| 2023-02-02 | David Delbos | Mixed | — | $11.95 | -$38.3K | EDGAR | |
| 2023-02-02 | Mitchell Garfin | Mixed | — | $11.95 | -$24.5K | EDGAR | |
| 2022-02-03 | David Delbos | Mixed | — | $13.59 | -$40.5K | EDGAR | |
| 2022-02-02 | Carly Wilson | Mixed | — | $13.59 | -$11.4K | EDGAR | |
| 2022-02-02 | Mitchell Garfin | Mixed | — | $13.59 | -$25.9K | EDGAR | |
| 2022-02-02 | Abigail Apistolas | Mixed | — | $13.59 | -$1.5K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
FRA Insider Holdings
2 insiders · @ $10.08
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | David Delbos | 38,175 | $384.8K | $0 | 6 | 2026-02-03 | |
| 2 | Stayce D. Harris | Director | 10 | $101 | $138 | 1 | 2024-10-30 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
22 ETFs hold FRA
22 shown · $248.64M total exposure · 0.05% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IGF iShares Global Infrastructure ETF | iShares (BlackRock) | 0.97% | $102.8M | $10.7B | 2026-10-20 |
| 2 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.01% | $37.4M | — | 2026-09-30 |
| 3 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.01% | $24.8M | — | 2026-09-30 |
| 4 | IEFA iShares Core MSCI EAFE ETF | iShares (BlackRock) | 0.01% | $19.2M | $191.0B | 2026-10-20 |
| 5 | YYY Amplify CEF High Income ETF | Amplify | 1.44% | $9.4M | $657.2M | 2026-10-20 |
| 6 | SCZ iShares MSCI EAFE Small-Cap ETF | iShares (BlackRock) | 0.07% | $9.3M | $12.9B | 2026-10-20 |
| 7 | GII State Street® SPDR® S&P® Global Infrastructure ETF | SPDR (State Street) | 0.96% | $9.1M | $938.5M | 2026-10-20 |
| 8 | VGK Vanguard FTSE Europe ETF | Vanguard | 0.02% | $6.1M | — | 2026-09-30 |
| 9 | VEU Vanguard FTSE All-World Ex-US ETF | Vanguard | 0.01% | $6.0M | — | 2026-09-30 |
| 10 | SPDW State Street® SPDR® Portfolio Developed World ex-US ETF | SPDR (State Street) | 0.01% | $4.5M | $40.9B | 2026-10-20 |
| 11 | IDEV iShares Core MSCI International Developed Markets ETF | iShares (BlackRock) | 0.01% | $3.9M | $34.0B | 2026-10-20 |
| 12 | IXUS iShares Core MSCI Total International Stock ETF | iShares (BlackRock) | 0.01% | $3.9M | $58.1B | 2026-10-20 |
| 13 | PCEF Invesco CEF Income Composite ETF | Invesco | 0.44% | $3.2M | — | 2026-10-20 |
| 14 | HIPS GraniteShares HIPS U.S. High Income ETF | Nport | 2.37% | $2.6M | — | 2026-06-30 |
| 15 | VT Vanguard Total World Stock ETF | Vanguard | 0.00% | $2.0M | — | 2026-09-30 |
| 16 | IEUR iShares Core MSCI Europe ETF | iShares (BlackRock) | 0.02% | $1.7M | $9.5B | 2026-10-20 |
| 17 | BILT iShares Infrastructure Active ETF | iShares (BlackRock) | 1.23% | $1.4M | $116.7M | 2026-10-20 |
| 18 | VSGX Vanguard ESG International Stock ETF | Vanguard | 0.01% | $522,712 | — | 2026-10-20 |
| 19 | IEUS iShares MSCI Europe Small-Cap ETF | iShares (BlackRock) | 0.17% | $273,472 | $166.1M | 2026-10-20 |
| 20 | TOLZ ProShares DJ Brookfield Global Infrastructure ETF | ProShares | 0.15% | $248,662 | — | 2026-10-21 |
| 21 | WSML iShares MSCI World Small-Cap ETF | iShares (BlackRock) | 0.02% | $161,318 | $661.0M | 2026-10-20 |
| 22 | SPEU State Street® SPDR® Portfolio Europe ETF | SPDR (State Street) | 0.02% | $108,876 | $700.5M | 2026-10-20 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.