News articles about BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BlackRock Floating Rate Income Strategies Fund earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 46.1962115403503 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of NYSE FRA traded down $0.01 during trading on Monday, reaching $14.47. The company had a trading volume of 15,802 shares, compared to its average volume of 197,672. BlackRock Floating Rate Income Strategies Fund has a 12 month low of $13.70 and a 12 month high of $14.63.
The business also recently declared a monthly dividend, which will be paid on Monday, April 30th. Shareholders of record on Monday, April 16th will be given a $0.061 dividend. The ex-dividend date of this dividend is Friday, April 13th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.06%.
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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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