BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) Shares Break Below 200-Day Moving Average – Here’s What Happened

Posted by Brenda Bartman on Oct 7th, 2026

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA – Get Free Report) shares passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $10.90 and traded as low as $10.21. BlackRock Floating Rate Income Strategies Fund shares last traded at $10.3050, with a volume of 336,406 shares changing hands.

BlackRock Floating Rate Income Strategies Fund Stock Down 0.6%

The business has a fifty day moving average price of $10.78 and a 200 day moving average price of $10.90.

BlackRock Floating Rate Income Strategies Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be given a $0.1238 dividend. This represents a $1.49 dividend on an annualized basis and a yield of 14.4%. The ex-dividend date of this dividend is Friday, December 11th.

Hedge Funds Weigh In On BlackRock Floating Rate Income Strategies Fund

Large investors have recently bought and sold shares of the company. Marathon Strategic Advisors LLC raised its holdings 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 purchasing an additional 23,411 shares during the last quarter. Cetera Investment Advisers grew its position in BlackRock Floating Rate Income Strategies Fund by 3.1% in the first quarter. Cetera Investment Advisers now owns 149,418 shares of the investment management company’s stock valued at $1,647,000 after purchasing an additional 4,555 shares in the last quarter. Byrne Asset Management LLC grew its position in BlackRock Floating Rate Income Strategies Fund by 1.6% in the third quarter. Byrne Asset Management LLC now owns 134,900 shares of the investment management company’s stock valued at $1,418,000 after purchasing an additional 2,150 shares in the last quarter. Absolute Investment Advisers LLC bought a new position in BlackRock Floating Rate Income Strategies Fund in the first quarter valued at $1,204,000. Finally, Chicago Partners Investment Group LLC increased its stake in BlackRock Floating Rate Income Strategies Fund by 75.5% in the 1st quarter. Chicago Partners Investment Group LLC now owns 73,057 shares of the investment management company’s stock valued at $814,000 after buying an additional 31,423 shares during the last quarter.

About BlackRock Floating Rate Income Strategies Fund

(Get Free Report)

BlackRock Floating Rate Income Strategies Fund, Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol FRA. The fund seeks to provide a high level of current income, while also considering preservation of capital, by investing primarily in floating-rate loans and other floating-rate debt instruments.

The fund’s portfolio may include senior secured loans, corporate debt securities and other income-producing investments issued by companies across a range of industries.