BlackRock Announces Board Approval of the Reorganization of Three Taxable Fixed Income Closed-End Funds

by Paul Quintaro, Benzinga Editor

May 23, 2012 5:30 PM | 22 seconds read | Make a Comment

BlackRock Advisors, LLC announced today that the Boards of Trustees of each of BlackRock Diversified Income Strategies Fund, Inc.

DVF

, BlackRock Floating Rate Income Strategies Fund II, Inc.

FRB

and BlackRock Floating Rate Income Strategies Fund, Inc.

FRA

unanimously approved the reorganization of DVF and FRB into FRA, with FRA continuing as the surviving fund (the “Reorganizations”).

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