FRA

Blackrock Floating Rate Income Strategies Fund, Inc.

A closed-end investment fund that pools money to buy floating-rate debt securities — mainly senior bank loans whose interest payments rise and fall with benchmark rates — aiming to deliver steady current income to shareholders. It was formed in 2003 and is managed by BlackRock, the world's largest asset manager. Its ticker symbol, FRA, is a nod to its focus on floating-rate loans.

Common Shares