Blackrock Floating Rate Income Strategies Fund (FRA) vs Blackrock MuniYield Quality Fund III (MYI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Blackrock MuniYield Quality Fund III (MYI) has outperformed Blackrock Floating Rate Income Strategies Fund (FRA) over the past year, losing 14.5% versus a loss of 21.1%. Over five years, FRA leads with a -24.4% price change compared with -34.7% for MYI. On valuation, Blackrock MuniYield Quality Fund III trades at a lower trailing P/E (11.3x vs 26.3x for Blackrock Floating Rate Income Strategies Fund).
Blackrock Floating Rate Income Strategies Fund pays a dividend yielding 14.50%, while Blackrock MuniYield Quality Fund III does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FRA | MYI |
|---|---|---|
| Share price | $10.25 | $9.47 |
| Market cap | — | $1.16B |
| 1-day change | -0.58% | 0.00% |
| YTD return | -12.99% | -12.88% |
| 1-year return | -21.09% | -14.53% |
| 5-year return | -24.35% | -34.73% |
| P/E ratio (TTM) | 26.28 | 11.27 |
| EPS (TTM) | $0.39 | $0.84 |
| Dividend yield | 14.50% | 6.98% |
| Annual dividend | $1.49 | $0.00 |
| 52-week high | $12.96 | $11.46 |
| 52-week low | $10.21 | $9.37 |
| Distance from 52-week high | -20.91% | -17.36% |
| Average volume | 155.55K | 492.34K |
| Shares outstanding | — | 122.29M |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
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 11.3x trailing P/E).
- Blackrock Floating Rate Income Strategies Fund offers a meaningfully higher dividend yield (14.50% vs 6.98%).
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 MuniYield Quality Fund III
MYI stock →BlackRock MuniYield Quality Fund III, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc.
Finance · Investment Bankers/Brokers/Service
FRA vs MYI FAQ
Which stock has performed better over the past year, FRA or MYI?
MYI returned -14.53% over the past 12 months, compared with -21.09% for FRA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FRA or MYI?
MYI has the lower trailing P/E at 11.3, 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 MuniYield Quality Fund III?
Blackrock Floating Rate Income Strategies Fund has the higher yield at 14.50%, compared with 6.98% for Blackrock MuniYield Quality Fund III.
Are Blackrock Floating Rate Income Strategies Fund and Blackrock MuniYield Quality Fund III in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.