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FRA · BlackRock Floating Rate Income Strategies Fund, Inc.

Know the company

Company overview

BlackRock Floating Rate Income Strategies Fund owns floating-rate credit. Borrower interest payments can reset as rates move, but weaker borrowers and financing costs still matter to the cash reaching common shareholders.

Business: Floating-rate credit CEF
Listing: FRA · New York Stock Exchange
Reporting period: 2026-06-30
Dividend schedule: Monthly

How the business works

Interest from loans and other floating-rate holdings becomes net investment income after expenses and borrowing costs. Credit losses and changes in loan values affect the broader portfolio result and NAV separately.

BlackRock Floating Rate Income Strategies Fund, Inc.: financial report supporting reported earnings

Dividend & earnings snapshot

Dividend payments

Per common share

$0.12384Reviewed declaration · Payment Dec 22, 2026

Regular dividend

Announced Sep 10, 2026

Dates and company reports

Announcement: Sep 10, 2026
Declaration: Sep 10, 2026
Ex-dividend: Dec 11, 2026
Record: Dec 11, 2026
Payment: Dec 22, 2026

Dividend declaration for payment Dec 22, 2026 · www.businesswire.com · Announced Sep 10, 2026

Extras are shown separately and are not assumed to repeat.

Reported earnings

Each measure shown separately, per share

Net investment income$0.37

Jan 1, 2026 to Jun 30, 2026

Distribution yield13.74%Sourced distributions divided by dated market price

Reported annual income yield7.72%Reported net investment income $0.9100 per share for 2025-01-01 to 2025-12-31, divided by approved 2025-12-31 market price $11.7800. Excludes capital gains; historical, not a current yield or forecast.

Reported annual investment income$0.91Per share for 2025 FY. Excludes investment gains.

Annual dividend$1.49Current regular payment annualized per share

Reported earnings and sources

Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.

Reporting period	Per share	Source
Jan 1, 2026 to Jun 30, 2026	$0.37	SEC Announced Sep 3, 2026

Cash distributions and reported returns

Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.

Reporting period	Ending NAV	NAV change	Distributions / share	Reported NAV total return	Source
Jan 1, 2026 to Jun 30, 2026	$11.38	-5.95%	$0.74	+0.45%	FRA SEC financial highlights. Reported cash includes all components; partial periods are not annualized.
Jan 1, 2025 to Dec 31, 2025	$12.10	-6.13%	$1.49	+5.76%	FRA SEC financial highlights. Reported cash includes all components; partial periods are not annualized.
Jan 1, 2024 to Dec 31, 2024	$12.89	-2.79%	$1.49	+8.88%	FRA SEC financial highlights. Reported cash includes all components; partial periods are not annualized.

View older history (up to 7 years)

Reporting period	Ending NAV	NAV change	Distributions / share	Reported NAV total return	Source
Jan 1, 2023 to Dec 31, 2023	$13.26	+3.51%	$1.32	+15.35%	FRA SEC financial highlights. Reported cash includes all components; partial periods are not annualized.
Jan 1, 2022 to Dec 31, 2022	$12.81	-7.51%	$0.77	-1.34%	Exact FY2022 common-share Financial Highlights in the SEC semiannual report. Cash distributions and reported NAV return are historical outcomes, not earnings coverage or a distribution-funding assessment.
Jan 1, 2021 to Dec 31, 2021	$13.85	+0.29%	$0.80	+6.48%	Exact FY2021 common-share Financial Highlights in the SEC semiannual report. Cash distributions and company NAV total return are historical outcomes, not earnings coverage or a distribution-funding assessment. HYT's separately reported FY2022 rights-offer dilution does not apply to this FY2021 row.

NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.

How to read FRA income

Interest after fund expenses is the main recurring income measure. Compare it with distributions for the same full reporting period.

Watch defaults, interest-rate changes and expenses. Income can hold up while falling bond or loan values reduce NAV.

Income and distributions

Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Interest after fund expenses is the main recurring income measure. Compare it with distributions for the same full reporting period.

Reporting period	Net investment income/share	Total distributions/share	Income coverage
2026-01-01 to 2026-06-30	$0.37	$0.74	50.0%
2025-01-01 to 2025-12-31	$0.91	$1.49	61.1%
2024-01-01 to 2024-12-31	$1.16	$1.49	77.9%

View older history (up to 7 years)

Reporting period	Net investment income/share	Total distributions/share	Income coverage
2023-01-01 to 2023-12-31	$1.24	$1.32	93.9%
2022-01-01 to 2022-12-31	$0.84	$0.77	109.1%
2021-01-01 to 2021-12-31	$0.67	$0.80	83.8%

The assets behind the earnings

How FRA makes money

Financial snapshot: 2026-06-30. Research reviewed 2026-09-18. Compare results for the reporting periods shown. Historical results are not a forecast.

The assets it owns

$402.539 million net assets477 holdings · As of 6/30/2026

Net assets checked 2026-09-11. Borrowings and preferred financing are excluded from this net-assets figure.

A complete, comparable portfolio allocation is not available for this chart. No percentages have been estimated.

BlackRock Floating Rate Income Strategies Fund, Inc.: net assets and portfolio information, checked 2026-09-11

Reported earnings and distributions

2026-01-01 through 2026-06-30 · $ per share

Fund net investment income per common share; actual reporting period, not annualized$0.3700

In the first half of 2026, FRA recorded $0.37 of net investment income per common share and $0.74 of distributions. NAV moved from $12.10 to $11.38. The income line provided half of the cash paid, so the investment result and distribution sources matter before judging whether the payment preserved shareholder capital.

BlackRock Floating Rate Income Strategies Fund, Inc.: financial report supporting reported earnings

The income-producing business

Portfolio dividends and interest, realized investment results and any option activity contribute to distribution resources after expenses. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.

The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.

BlackRock Floating Rate Income Strategies Fund, Inc.: financial report supporting reported earnings

Financing can amplify income and losses

The portfolio information checked September 11, 2026 reports effective leverage of 23.11%.

Financing can increase earning assets, but its cost reduces income available to common shareholders. When borrowing costs rise or portfolio income falls, the distribution can become harder to sustain.

BlackRock Floating Rate Income Strategies Fund, Inc.: net assets and portfolio information, checked 2026-09-11

What the reported earnings support

BlackRock Floating Rate Income Strategies Fund, Inc. reported $0.3700 per share for 2026-01-01 through 2026-06-30, measured as Fund net investment income per common share; actual reporting period, not annualized.

Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.

BlackRock Floating Rate Income Strategies Fund, Inc.: financial report supporting reported earnings

Portfolio risk

Losses or weaker cash generation in corporate floating-rate loans can reduce the resources available for future distributions.

Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.

BlackRock Floating Rate Income Strategies Fund, Inc.: financial report supporting reported earnings

Distribution sustainability

A maintained payment can exceed investment results. Review NAV and reported income together rather than treating distribution yield as total return.

Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.

BlackRock Floating Rate Income Strategies Fund, Inc.: financial report supporting reported earnings

What would change the earnings picture?

Read the next matching six-month income and cash figures with loan defaults, financing costs and NAV. A rate reset helps only if borrowers keep paying and costs stay in check.

Net asset value (NAV)

NAV per share$11.21Sep 29, 2026

Market price$10.63Sep 29, 2026

PREMIUM / DISCOUNT TO NAV5.17% discountCalculated from the displayed same-date values.

NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.

CEFConnect current common-share NAV and closing market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.

NAV source · Market-price source

Fly High context

Read the next matching six-month income and cash figures with loan defaults, financing costs and NAV. A rate reset helps only if borrowers keep paying and costs stay in check.

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U.S. federal · Tax year 2025

Dividend tax treatment

The company's 2025 estimate shows mainly ordinary dividends and return of capital. The mix can change from year to year.

Ordinary, nonqualified: 61.22%
Qualified dividends: 0%
Capital-gain distributions: 0%
Return of capital: 38.78%

This 2025 estimate gives you a useful sense of where the cash may land for tax purposes. It may differ from the final forms. Think of it as a guide to the year, then use your own tax statement for the final split.

Read the source behind these figures. Your Form 1099-DIV is the guide for your own filing.

The company calls this breakdown an estimate. The company explicitly calls these amounts estimates and says they are not for tax reporting. Actual tax character depends on each shareholder's Form 1099-DIV. Never mark these rows final. Your Form 1099-DIV may show a different final mix. See the company's estimate.

Tax year: 2025.

Tax details and source

Total ordinary dividends (includes qualified): 61.22%
Section 199A portion (within ordinary dividends): Not confirmed
Exempt-interest distributions: Not confirmed
Reporting form: Form 1099-DIV
Source date: Not stated

Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.

Tax source

Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.

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