| FRA: Price Cannot Be Justified By Fundamentals |
The BlackRock Floating Rate Income Strategies Fund offers an 11.64% yield but invests in riskier, floating-rate securities, making it vulnerable to interest rate cuts. The fund's recent performance has been disappointing, with a 7.34% total loss, underperforming both the S&P 500 and the Bloomberg U.S. Aggregate Bond Index. The market is expecting rate cuts going forward, and a recession could result in even larger cuts than expected. |
seekingalpha.com |
2025-03-17 10:46:54 |
Czytaj oryginał (ang.) |
| FRA: Sell This Fund Before It Cuts Its Distribution |
The BlackRock Floating Rate Income Strategies Fund offers a 10.49% yield but is slightly below the median yield of similar funds, suggesting market confidence in its sustainability. The fund's share price increased by 4.27% despite declining portfolio income due to Federal Reserve rate cuts, raising concerns about future distribution sustainability. The coupon payments made by the fund's assets will decrease as the Federal Reserve continues to cut interest rates. |
seekingalpha.com |
2024-12-26 02:22:50 |
Czytaj oryginał (ang.) |
| Bonds Are in Turmoil Again. How to Protect Your Portfolio. |
Consider shifting to areas of the market that are less sensitive to inflation expectations. |
barrons.com |
2024-11-08 15:20:00 |
Czytaj oryginał (ang.) |
| These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month |
According to |
247wallst.com |
2024-11-01 13:36:16 |
Czytaj oryginał (ang.) |
| FRA: This Floating Rate Fund Is Overvalued, It Is Time To Sell Or Trim |
The BlackRock Floating Rate Income Strategies Fund currently trades at a 4% premium. It has historically traded at a discount, making it less attractive now. FRA's income may decrease as the Fed is likely to lower short-term rates, impacting floating rate loans negatively. The possibility of a distribution cut could deter investors seeking high payouts, further reducing FRA's appeal. |
seekingalpha.com |
2024-10-11 16:13:02 |
Czytaj oryginał (ang.) |
| Don't Buy AI Stocks, Buy The Best Dividend Total Return Stocks |
I have a diversified portfolio of stocks, funds, and bonds. My stocks are primarily dividend paying value stocks. One can find dividend stocks with superior estimated total returns by comparing their return drivers – earnings growth, dividend yield and valuation - to historic trends. This article compares the earnings growth, dividend yield, current valuation, and estimated future return of 53 stocks. |
seekingalpha.com |
2024-08-01 07:29:08 |
Czytaj oryginał (ang.) |
| FRA: Latest GDP Report Casts Doubt On Rate Cut Narrative |
The BlackRock Floating Rate Income Strategies Fund offers a competitive yield of 11.06%, in line with its peers. The Fund has delivered a fairly impressive return over the past few months, but there are signs that it is now overvalued. The fund appears to be reducing the risk profile of its portfolio, which is a smart move given the potential for rising default rates. |
seekingalpha.com |
2024-07-26 13:04:44 |
Czytaj oryginał (ang.) |
| Want $1,200 per Month in Passive Income? Invest in These Stocks |
$178.25 Dynamic Income Opportunities Fund (NYSE:PDO) 14.21% $177.63 Apollo Senior Floating Rate Fund Inc. |
247wallst.com |
2024-05-04 11:19:28 |
Czytaj oryginał (ang.) |
| FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade) |
The BlackRock Floating Rate Income Strategies Fund Inc offers a high yield of 11.46% due to its investment in speculative-grade floating-rate securities. |
seekingalpha.com |
2024-03-08 17:09:35 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024 Ex-Date- 3/14/2024 Record- 3/15/2024 Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.043500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund, Inc. |
businesswire.com |
2024-03-01 18:30:00 |
Czytaj oryginał (ang.) |
| 5 Closed-End Fund Buys In The Month Of December 2023 (Plus 1 Sell) |
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 broader participation lifting some of the beaten-down sectors for the year. That said, closed-end fund discounts remain historically wide, and that continues to drive opportunity in the CEF wrapper. |
seekingalpha.com |
2024-01-16 07:02:15 |
Czytaj oryginał (ang.) |
| FRA: A Good Way To Hedge Your 2024 Interest Rate Risk |
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 floating-rate securities, which are stable in terms of price regardless of interest rate movements. While the FRA fund has not seen significant gains in the current market environment, investors have made a 4.50% total return in four months. |
seekingalpha.com |
2023-12-20 16:58:52 |
Czytaj oryginał (ang.) |
| CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities |
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, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly. |
seekingalpha.com |
2023-12-15 15:00:00 |
Czytaj oryginał (ang.) |
| Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds |
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 Rate Income Strategies Fund, Inc. (NYSE: FRA) and BlackRock Debt Strategies Fund, Inc. (NYSE: DSU) announced increases to their monthly distributions. Certain BlackRock municipal Funds previously declared their December, January and February distributions and declared special distributions today in order. |
businesswire.com |
2023-12-05 19:00:00 |
Czytaj oryginał (ang.) |
| Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions |
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), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla. |
businesswire.com |
2023-10-31 19:15:00 |
Czytaj oryginał (ang.) |
| FRA: Continuing To Benefit From Higher Rates |
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 entry at the current price, but in my opinion, it remains a viable option for maintaining a position. FRA offers a high distribution yield and, with the anticipation of fewer rate cuts going forward, is likely to remain attractive for longer. |
seekingalpha.com |
2023-10-15 14:42:22 |
Czytaj oryginał (ang.) |
| Rising Interest Rates Got You Down? Try Floating Above The Fear |
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 market concerns. Investing in CEFs that hold floating rate senior loans can provide a high yield income stream that benefits from rising interest rates. |
seekingalpha.com |
2023-09-25 16:00:16 |
Czytaj oryginał (ang.) |
| CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best |
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 exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation. |
seekingalpha.com |
2023-09-01 19:47:25 |
Czytaj oryginał (ang.) |
| Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions |
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), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla. |
businesswire.com |
2023-08-31 20:30:00 |
Czytaj oryginał (ang.) |
| FRA: A Good 11%-Yielding CEF To Buy For Income Today |
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 of living, forcing people to resort to desperate measures to support themselves. Investing in closed-end funds that specialize in generating income, such as the BlackRock Floating Rate Income Strategies Fund, can be a way to earn income and combat inflation. |
seekingalpha.com |
2023-08-16 22:56:59 |
Czytaj oryginał (ang.) |
| CEF Weekly Review: Discount Pro-Cyclicality Is Not Fully Rational |
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. CEF discounts tend to be procyclical, which remains an odd but welcome feature of the CEF market. |
seekingalpha.com |
2023-07-15 12:55:25 |
Czytaj oryginał (ang.) |