Media headlines about BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock Floating Rate Income Strat. Fn earned a news impact score of 0.09 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 46.5892528903897 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
BlackRock Floating Rate Income Strat. Fn (NYSE FRA) traded up $0.01 during midday trading on Wednesday, reaching $14.52. The company had a trading volume of 80,610 shares, compared to its average volume of 210,184. BlackRock Floating Rate Income Strat. Fn has a fifty-two week low of $13.70 and a fifty-two week high of $14.77.
The firm also recently declared a monthly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be issued a $0.061 dividend. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.73 annualized dividend and a dividend yield of 5.04%.
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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