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Blackrock Floating Rate Income Strategies Fund (FRA) vs Blackrock Corporate High Yield Fund (HYT)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

On valuation, Blackrock Corporate High Yield Fund trades at a lower trailing P/E (13.0x vs 26.3x for Blackrock Floating Rate Income Strategies Fund). Blackrock Floating Rate Income Strategies Fund offers the higher dividend yield (14.50% vs 11.71%).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

FRA versus HYT key metrics
MetricFRAHYT
Share price$10.25$7.83
Market cap—$1.53B
1-day change-0.58%+0.51%
YTD return-12.48%—
1-year return-20.39%—
5-year return-23.91%—
P/E ratio (TTM)26.2813.05
EPS (TTM)$0.39$0.60
Dividend yield14.50%11.71%
Annual dividend$1.49$0.917
52-week high$13.00$9.55
52-week low$10.21$7.70
Distance from 52-week high-21.15%-18.01%
Average volume154.49K936.45K
Shares outstanding—195.66M
SectorFinanceFinance
IndustryInvestment Bankers/Brokers/ServiceFinance Companies

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Blackrock Floating Rate Income Strategies Fund trades at a higher earnings multiple (26.3x vs 13.0x trailing P/E).
  • Blackrock Floating Rate Income Strategies Fund offers a meaningfully higher dividend yield (14.50% vs 11.71%).

About Blackrock Floating Rate Income Strategies Fund

FRA stock →

BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc.

Finance · Investment Bankers/Brokers/Service

About Blackrock Corporate High Yield Fund

HYT stock →

BlackRock Corporate High Yield Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc.

Finance · Finance Companies

FRA vs HYT FAQ

Which has the lower P/E ratio, FRA or HYT?

HYT has the lower trailing P/E at 13.0, versus 26.3 for FRA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Blackrock Floating Rate Income Strategies Fund or Blackrock Corporate High Yield Fund?

Blackrock Floating Rate Income Strategies Fund has the higher yield at 14.50%, compared with 11.71% for Blackrock Corporate High Yield Fund.

Are Blackrock Floating Rate Income Strategies Fund and Blackrock Corporate High Yield Fund in the same industry?

Both are in the Finance sector, but in different industries: Investment Bankers/Brokers/Service for Blackrock Floating Rate Income Strategies Fund and Finance Companies for Blackrock Corporate High Yield Fund.

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