Capital Investment Advisors LLC Trims Stock Position in BlackRock Floating Rate Income Strategies Fund, Inc. $FRA

Posted by Editorial Team on Oct 3rd, 2025

Capital Investment Advisors LLC cut its stake in shares of BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA – Free Report) by 4.1% in the 2nd quarter, Holdings Channel reports. The fund owned 28,672 shares of the investment management company’s stock after selling 1,238 shares during the quarter. Capital Investment Advisors LLC’s holdings in BlackRock Floating Rate Income Strategies Fund were worth $377,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FRA. NBC Securities Inc. increased its position in BlackRock Floating Rate Income Strategies Fund by 108,525.0% during the 1st quarter. NBC Securities Inc. now owns 8,690 shares of the investment management company’s stock worth $112,000 after purchasing an additional 8,682 shares during the period. Jane Street Group LLC acquired a new position in BlackRock Floating Rate Income Strategies Fund during the 4th quarter worth approximately $144,000. Insigneo Advisory Services LLC acquired a new position in BlackRock Floating Rate Income Strategies Fund during the 1st quarter worth approximately $146,000. OneDigital Investment Advisors LLC acquired a new position in BlackRock Floating Rate Income Strategies Fund during the 1st quarter worth approximately $147,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in BlackRock Floating Rate Income Strategies Fund during the 2nd quarter worth approximately $250,000.

BlackRock Floating Rate Income Strategies Fund Trading Down 0.3%

NYSE FRA opened at $12.94 on Friday. The business’s 50 day moving average is $13.19 and its two-hundred day moving average is $12.87. BlackRock Floating Rate Income Strategies Fund, Inc. has a 12-month low of $10.90 and a 12-month high of $14.50.

BlackRock Floating Rate Income Strategies Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be given a dividend of $0.1238 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 11.5%.

About BlackRock Floating Rate Income Strategies Fund

(Free Report)

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.