BlackRock Floating Rate Income Strategies Fd, Inc. (FRA)

Competitors to BlackRock Floating Rate Income Strategies Fd, Inc. (FRA)

Franklin Floating Rate Trust 

Franklin Floating Rate Trust focuses exclusively on investments in floating rate loans, making it a direct competitor to BlackRock Floating Rate Income Strategies Fund. Both funds aim to provide income in a rising interest rate environment, but Franklin’s distinctive investment approach and active management style may resonate with investors looking for more tailored solutions, positioning them as a strong competitor in this segment.

Invesco Senior Income Trust 

Invesco Senior Income Trust offers similar investment strategies focused on floating rate loans and fixed income securities. Both companies target income-oriented investors looking for high-yield strategies; however, Invesco's lower expense ratios and strong brand reputation in the fixed income space may attract investors. This competition emphasizes performance and cost-effectiveness in managing floating rate exposure to market volatility.

MFS Intermediate Income Trust

MFS Intermediate Income Trust competes by providing a diversified portfolio that includes floating rate instruments along with other fixed income securities. The firm's established investment management process and strong research capabilities may give them an edge in identifying attractive opportunities in the floating rate space, potentially making them a preferred choice for investors aiming for risk-adjusted returns in varying interest rate environments.

Nuveen Floating Rate Income Fund

Nuveen Floating Rate Income Fund provides competitive floating rate investment options designed for income generation. Their differentiated approach lies in their comprehensive market research and risk assessment, potentially giving them an advantage in volatility-prone markets. The emphasis on sustainable income can appeal to socially conscious investors, offering a unique selling proposition in the competitive landscape of floating rate funds.

T. Rowe Price Institutional Floating Rate Fund

T. Rowe Price Institutional Floating Rate Fund competes by leveraging its institutional expertise in credit analysis and risk management to deliver superior floating rate income products. The firm’s strong track record and large-scale resources might allow for better pricing access and investment opportunities, which can be advantageous in obtaining higher returns, making them a strong contender in the floating rate income market.