BlackRock Floating Rate Income Strategies Fund, Inc.’s (FRA) (the 'Fund') 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. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a specified interest rate changes and/or which reset on predetermined dates (such as the last day of a month or calendar quarter). The Fund invests a substantial portion of its investments in floating rate debt securities consisting of secured or unsecured senior floating rate loans that are rated below investment grade. The Fund may invest directly in such securities or synthetically through the use of derivatives.
Company profile
Ticker
FRA
Exchange
Website
CEO
John Perlowski
Employees
Location
Former names
BLACKROCK FLOATING RATE INCOME STRATEGIES FUND INC, FLOATING RATE INCOME STRATEGIES FUND INC
SEC CIK
Corporate docs
FRA stock data
Latest filings (excl ownership)
N-CEN
Annual report (registered investment company)
14 Mar 24
N-CSR
Certified annual shareholder report (management investment company)
6 Mar 24
N-CSRS
Certified semi-annual shareholder report (management investment company)
1 Sep 23
N-PX
Annual report of proxy voting record
25 Aug 23
CORRESP
Correspondence with SEC
4 Aug 23
DEF 14A
Definitive proxy
23 May 23
N-CEN
Annual report (registered investment company)
10 Mar 23
N-CSR
Certified annual shareholder report (management investment company)
6 Mar 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
1 Sep 22
N-PX
Annual report of proxy voting record
25 Aug 22
Latest ownership filings
NPORT-P
BlackRock Floating Rate Income Strategies Fund, Inc. (Dec 2023 report)
26 Feb 24
NPORT-P
BlackRock Floating Rate Income Strategies Fund, Inc. (Sep 2023 report)
28 Nov 23
3
Arthur Philip Steinmetz
14 Sep 23
NPORT-P
BlackRock Floating Rate Income Strategies Fund, Inc. (Jun 2023 report)
25 Aug 23
3
Aaron David Wasserman
6 Jul 23
NPORT-P
BlackRock Floating Rate Income Strategies Fund, Inc. (Mar 2023 report)
26 May 23
NPORT-P
BlackRock Floating Rate Income Strategies Fund, Inc. (Dec 2022 report)
24 Feb 23
SC 13G/A
FIRST TRUST PORTFOLIOS LP
13 Feb 23
4
David Delbos
2 Feb 23
4
Mitchell Garfin
2 Feb 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
BlackRock Floating Rate Income Strategies Fund, Inc. | – | 1.40 | 1.16 | 0.78 | 627.91 mm | 470 | Sep 2023 |
Institutional ownership, Q3 2023
29.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 77 |
Opened positions | 6 |
Closed positions | 6 |
Increased positions | 26 |
Reduced positions | 25 |
13F shares | Current |
---|---|
Total value | 111.19 bn |
Total shares | 10.47 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
First Trust Portfolios | 1.47 mm | $0.00 |
Guggenheim Capital | 807.30 k | $10.19 bn |
Wagner Wealth Management | 716.64 k | $9.04 bn |
MS Morgan Stanley | 712.70 k | $8.99 bn |
LPL Financial | 652.94 k | $8.24 bn |
Advisor | 645.75 k | $8.15 bn |
IVZ Invesco | 640.73 k | $8.09 bn |
BAC Bank Of America | 441.33 k | $5.57 bn |
Relative Value Partners | 416.99 k | $5.26 bn |
TFC Truist Financial | 370.79 k | $4.68 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Jan 23 | Abigail Apistolas | Common Stock | Sale back to company | Dispose D | No | No | 11.95 | 118.354 | 1.41 k | 0 |
31 Jan 23 | Abigail Apistolas | Common Stock | Option exercise | Acquire M | No | No | 0 | 118.354 | 0.00 | 118.354 |
31 Jan 23 | Abigail Apistolas | Phantom Shares Common Stock | Option exercise | Dispose M | No | No | 0 | 118.354 | 0.00 | 0 |
31 Jan 23 | Carly Wilson | Common Stock | Sale back to company | Dispose D | No | No | 11.95 | 899.328 | 10.75 k | 0 |
31 Jan 23 | Carly Wilson | Common Stock | Option exercise | Acquire M | No | No | 0 | 899.328 | 0.00 | 899.328 |
31 Jan 23 | Carly Wilson | Phantom Shares Common Stock | Option exercise | Dispose M | No | No | 0 | 899.328 | 0.00 | 0 |
31 Jan 23 | Mitchell Garfin | Common Stock | Sale back to company | Dispose D | No | No | 11.95 | 2,047.527 | 24.47 k | 0 |
31 Jan 23 | Mitchell Garfin | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,047.527 | 0.00 | 2,047.527 |
31 Jan 23 | Mitchell Garfin | Phantom Shares Common Stock | Option exercise | Dispose M | No | No | 0 | 2,047.527 | 0.00 | 0 |
31 Jan 23 | David Delbos | Common Stock | Sale back to company | Dispose D | No | No | 11.95 | 3,203.533 | 38.28 k | 22,502.718 |
Press releases
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
28 Mar 24
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
1 Mar 24
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
29 Feb 24
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
1 Feb 24
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
31 Jan 24