Somewhat Favorable Media Coverage Somewhat Unlikely to Impact BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) Stock Price

Media stories about BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) have been trending somewhat positive on Thursday, according to Accern. The research group identifies negative and positive news 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 closest to one being the most favorable. BlackRock Floating Rate Income Strategies Fund earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the investment management company an impact score of 46.5892528903897 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

NYSE:FRA traded down $0.01 during trading hours on Thursday, hitting $14.53. 113,539 shares of the stock traded hands, compared to its average volume of 210,593. BlackRock Floating Rate Income Strategies Fund has a 1 year low of $13.70 and a 1 year high of $14.70.

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The business also recently announced a monthly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th will be issued a $0.061 dividend. This represents a $0.73 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend is Wednesday, March 14th.

TRADEMARK VIOLATION NOTICE: “Somewhat Favorable Media Coverage Somewhat Unlikely to Impact BlackRock Floating Rate Income Strategies Fund (NYSE:FRA) Stock Price” was originally published by BBNS and is the property of of BBNS. If you are viewing this story on another publication, it was copied illegally and republished in violation of US & international trademark and copyright legislation. The original version of this story can be viewed at https://baseballnewssource.com/2018/03/29/blackrock-floating-rate-income-strat-fn-fra-receiving-somewhat-positive-news-coverage-report-finds/1973250.html.

BlackRock Floating Rate Income Strategies Fund Company Profile

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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