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FRA BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. Insider Trading

1 filing analyzed · Latest 2024-10-30
Insider buys
1
Insider sells
0
Unique insiders
1
Direction
Net buying
October 2024
2024-10-30
low
10 shares
$138
@ $13.76
Significance 3/10

Director Harris Stayce D. buys 10 shares of FRA at $13.76, first position in this fund.

Harris Stayce D., a director, purchased 10 shares of BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. (FRA) at $13.76 on 2024-10-29, establishing an initial position in this holding. The transaction represents a modest value at $137.58 and comes as the stock trades at $13.79, within 0.6% of its 52-week high of $13.88. This is the director's first-ever purchase in FRA, though his cross-ticker track record shows 20 prior buys across other securities. Without additional context on the timing or circumstances of this acquisition, the small position size and new-to-the-fund status suggest limited immediate signal regarding conviction or material strategic intent.

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