BlackRock Floating Rate Income Strat. Fn (FRA) Receiving Somewhat Critical Media Coverage, Study Shows

Headlines about BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) have trended somewhat negative on Wednesday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BlackRock Floating Rate Income Strat. Fn earned a daily sentiment score of -0.13 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 46.9083682186271 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) opened at $13.95 on Wednesday. BlackRock Floating Rate Income Strat. Fn has a 12 month low of $13.70 and a 12 month high of $14.85.

The business also recently announced a monthly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Friday, December 29th will be paid a $0.061 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date of this dividend is Thursday, December 28th.

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About BlackRock Floating Rate Income Strat. Fn

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.

Insider Buying and Selling by Quarter for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)

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