Media headlines about BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock Floating Rate Income Strategies Fund earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 45.8440770143808 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
BlackRock Floating Rate Income Strategies Fund (FRA) opened at $13.98 on Thursday. BlackRock Floating Rate Income Strategies Fund has a fifty-two week low of $13.70 and a fifty-two week high of $14.85.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Tuesday, December 12th will be issued a dividend of $0.061 per share. The ex-dividend date of this dividend is Monday, December 11th. This represents a $0.73 annualized dividend and a dividend yield of 5.24%.
BlackRock Floating Rate Income Strategies Fund Company Profile
BlackRock Floating Rate Income Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments.
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