Intrinsiqs

Is BlackRock Floating Rate Income Strategies Fund, Inc. overvalued?

BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) looks undervalued — trading about 78% below its fair value.

Undervalued
Current price $10.96 Fair value $19.51
Price
$10.96
Fair value
$19.51
Current P/E
9.1
Normal P/E
16.2
Market cap
$388.2M
Dividend yield
12.2%
Return on equity
5.7%
Sector
Financial Services

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Fair value compares FRA's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.