Readystate Asset Management LP Sells 314,720 Shares of BlackRock Floating Rate Income Strategies Fund, Inc. $FRA

Posted by on Jul 29th, 2026

Readystate Asset Management LP trimmed its position in shares of BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA – Free Report) by 64.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 175,418 shares of the investment management company’s stock after selling 314,720 shares during the quarter. Readystate Asset Management LP’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $1,933,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Marathon Strategic Advisors LLC raised its stake in shares of BlackRock Floating Rate Income Strategies Fund by 6.3% in the first quarter. Marathon Strategic Advisors LLC now owns 392,654 shares of the investment management company’s stock valued at $4,327,000 after acquiring an additional 23,411 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of BlackRock Floating Rate Income Strategies Fund by 5.4% in the 4th quarter. Invesco Ltd. now owns 374,050 shares of the investment management company’s stock worth $4,406,000 after acquiring an additional 19,089 shares in the last quarter. Raymond James Financial Inc. grew its position in BlackRock Floating Rate Income Strategies Fund by 42.4% during the 3rd quarter. Raymond James Financial Inc. now owns 323,357 shares of the investment management company’s stock worth $4,197,000 after acquiring an additional 96,273 shares during the last quarter. Edgemoor Investment Advisors Inc. grew its position in BlackRock Floating Rate Income Strategies Fund by 47.1% during the 4th quarter. Edgemoor Investment Advisors Inc. now owns 296,213 shares of the investment management company’s stock worth $3,489,000 after acquiring an additional 94,860 shares during the last quarter. Finally, Balyasny Asset Management L.P. acquired a new stake in BlackRock Floating Rate Income Strategies Fund during the 4th quarter valued at $2,772,000.

BlackRock Floating Rate Income Strategies Fund Trading Down 0.7%

Shares of FRA opened at $10.74 on Wednesday. The stock has a fifty day moving average price of $10.91 and a two-hundred day moving average price of $11.16. BlackRock Floating Rate Income Strategies Fund, Inc. has a 52-week low of $10.50 and a 52-week high of $13.41.

BlackRock Floating Rate Income Strategies Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.1238 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Floating Rate Income Strategies Fund Company Profile

(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.

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Want to see what other hedge funds are holding FRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA – Free Report).

Institutional Ownership by Quarter for BlackRock Floating Rate Income Strategies Fund (NYSE:FRA)

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