BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) To Go Ex-Dividend on June 15th

Posted by Stanley Muller on Jun 13th, 2026

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA – Get Free Report) announced a monthly dividend on Friday, February 27th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.1238 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 13.5%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Floating Rate Income Strategies Fund Trading Down 0.1%

Shares of FRA traded down $0.01 during midday trading on Friday, hitting $10.99. The stock had a trading volume of 62,546 shares, compared to its average volume of 175,361. BlackRock Floating Rate Income Strategies Fund has a 1 year low of $10.50 and a 1 year high of $13.41. The stock’s 50 day moving average is $11.06 and its 200 day moving average is $11.37.

Hedge Funds Weigh In On BlackRock Floating Rate Income Strategies Fund

A number of institutional investors have recently modified their holdings of FRA. Greykasell Wealth Strategies Inc. purchased a new stake in shares of BlackRock Floating Rate Income Strategies Fund in the fourth quarter valued at approximately $39,000. Fifth Third Bancorp purchased a new position in BlackRock Floating Rate Income Strategies Fund during the 1st quarter worth $44,000. CoreCap Advisors LLC raised its position in BlackRock Floating Rate Income Strategies Fund by 24.2% during the 4th quarter. CoreCap Advisors LLC now owns 7,710 shares of the investment management company’s stock valued at $91,000 after purchasing an additional 1,500 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of BlackRock Floating Rate Income Strategies Fund in the 4th quarter worth $123,000. Finally, Alpine Global Management LLC purchased a new stake in shares of BlackRock Floating Rate Income Strategies Fund in the 4th quarter worth $131,000.

About BlackRock Floating Rate Income Strategies Fund

(Get Free Report)

BlackRock Floating Rate Income Strategies Fund (NYSE: FRA) is a diversified, closed-end management investment company managed by BlackRock Fund Advisors. The fund primarily seeks to provide current income by investing in floating rate debt instruments, with a focus on senior secured loans and other bank-originated credit facilities. As a publicly traded vehicle, FRA offers investors exposure to a portfolio of floating rate assets designed to adjust coupon payments in response to changes in benchmark interest rates.

In constructing its portfolio, the fund typically allocates a significant portion of its assets to U.S.