BRF Profile
BRF is the ticker symbol for the BlackRock Floating Rate Income 2022 Fund, which is a closed-end fund that seeks to provide current income and capital appreciation by investing primarily in a portfolio of U.S. dollar-denominated floating rate senior loans. The fund has a target termination date of August 31, 2022.
As of its last market close, BRF had total net assets of approximately $256 million USD and was trading at approximately $13.95 USD per share. The fund has a distribution yield of approximately 4.16% and its expense ratio is 1.32%.
Investing in BRF carries risks, including risks associated with fluctuations in interest rates, credit risk, and the performance of the underlying securities in the fund. Additionally, the fund may be subject to regulatory and geopolitical risks. Investors should carefully consider these risks before making any investment decisions.
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