BlackRock Advisors, LLC announced today that the Boards of
Trustees of each of BlackRock Diversified Income Strategies Fund,
Inc. (NYSE:DVF), BlackRock Floating Rate Income Strategies Fund II,
Inc. (NYSE:FRB) and BlackRock Floating Rate Income Strategies Fund,
Inc. (NYSE:FRA) unanimously approved the reorganization of DVF and
FRB into FRA, with FRA continuing as the surviving fund (the
“Reorganizations”).
It is currently expected that the Reorganizations will be
completed in late 2012, subject to required shareholder approvals
and the satisfaction of applicable regulatory requirements and
other customary closing conditions.
Additional Information about the Reorganizations and Where to
Find It
This press release is not intended to, and does not, constitute
an offer to purchase or sell shares of any of the funds; nor is
this press release intended to solicit a proxy from any shareholder
of any of the funds. The solicitation of the purchase or sale of
securities or of proxies to effect each Reorganization may only be
made by a final, effective Registration Statement, which includes a
definitive Joint Proxy Statement/Prospectus, after the Registration
Statement is declared effective by the Securities and Exchange
Commission (the “SEC”).
This press release references a Registration Statement, which
includes a Joint Proxy Statement/Prospectus, to be filed by the
funds. This Registration Statement has yet to be filed with the
SEC. After the Registration Statement is filed with the SEC, it may
be amended or withdrawn and the Joint Proxy Statement/Prospectus
will not be distributed to shareholders of the funds unless and
until the Registration Statement is declared effective by the
SEC.
The funds and their respective trustees, officers and employees,
and BlackRock, and its shareholders, officers and employees and
other persons may be deemed to be participants in the solicitation
of proxies with respect to the Reorganizations. Investors and
shareholders may obtain more detailed information regarding the
direct and indirect interests of the funds' respective trustees,
officers and employees, and BlackRock and its shareholders,
officers and employees and other persons by reading the Joint Proxy
Statement/Prospectus relating to the Reorganizations when it is
filed with the SEC.
INVESTORS AND SECURITY HOLDERS OF THE FUNDS ARE URGED TO READ
THE JOINT PROXY STATEMENT/PROSPECTUSES AND OTHER DOCUMENTS FILED
WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME
AVAILABLE BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT
INFORMATION ABOUT THE REORGANIZATIONS. INVESTORS SHOULD CONSIDER
THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE FUNDS
CAREFULLY. THE JOINT PROXY STATEMENT/PROSPECTUSES WILL CONTAIN
INFORMATION WITH RESPECT TO THE INVESTMENT OBJECTIVES, RISKS,
CHARGES AND EXPENSES OF THE FUNDS AND OTHER IMPORTANT INFORMATION
ABOUT THE FUNDS. The Joint Proxy Statement/Prospectus will not
constitute an offer to sell securities, nor will it constitute a
solicitation of an offer to buy securities, in any state where such
offer or sale is not permitted.
Security holders may obtain free copies of the Registration
Statement and Joint Proxy Statement/Prospectus and other documents
(when they become available) filed with the SEC at the SEC's web
site at www.sec.gov. In addition, free copies of the Joint Proxy
Statement/Prospectus and other documents filed with the SEC may
also be obtained after each Registration Statement becomes
effective by directing a request to BlackRock at (800)
882-0052.
About BlackRock
BlackRock is a leader in investment management, risk management
and advisory services for institutional and retail clients
worldwide. At March 31, 2012, BlackRock’s AUM was $3.684 trillion.
BlackRock offers products that span the risk spectrum to meet
clients’ needs, including active, enhanced and index strategies
across markets and asset classes. Products are offered in a variety
of structures including separate accounts, mutual funds, iShares®
(exchange-traded funds), and other pooled investment vehicles.
BlackRock also offers risk management, advisory and enterprise
investment system services to a broad base of institutional
investors through BlackRock Solutions®. Headquartered in New York
City, as of March 31, 2012, the firm has approximately 9,900
employees in 27 countries and a major presence in key global
markets, including North and South America, Europe, Asia,
Australia, and the Middle East and Africa. For additional
information, please visit BlackRock’s website at
www.blackrock.com.
Forward-Looking Statements
This press release, and other statements that BlackRock or the
Funds may make, may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act, with
respect to the Fund or BlackRock’s future financial or business
performance, strategies or expectations. Forward-looking statements
are typically identified by words or phrases such as “trend,”
“potential,” “opportunity,” “pipeline,” “believe,” “comfortable,”
“expect,” “anticipate,” “current,” “intention,” “estimate,”
“position,” “assume,” “outlook,” “continue,” “remain,” “maintain,”
“sustain,” “seek,” “achieve,” and similar expressions, or future or
conditional verbs such as “will,” “would,” “should,” “could,” “may”
or similar expressions.
BlackRock cautions that forward-looking statements are subject
to numerous assumptions, risks and uncertainties, which change over
time. Forward-looking statements speak only as of the date they are
made, and BlackRock assumes no duty to and does not undertake to
update forward-looking statements. Actual results could differ
materially from those anticipated in forward-looking statements and
future results could differ materially from historical
performance.
With respect to the Funds, the following factors, among others,
could cause actual events to differ materially from forward-looking
statements or historical performance: (1) changes and volatility in
political, economic or industry conditions, the interest rate
environment, foreign exchange rates or financial and capital
markets, which could result in changes in demand for a Fund or in a
Fund’s net asset value; (2) the relative and absolute investment
performance of the fund and its investments; (3) the impact of
increased competition; (4) the unfavorable resolution of any legal
proceedings; (5) the extent and timing of any distributions or
share repurchases; (6) the impact, extent and timing of
technological changes; (7) the impact of legislative and regulatory
actions and reforms, including the Dodd-Frank Wall Street Reform
and Consumer Protection Act, and regulatory, supervisory or
enforcement actions of government agencies relating to the fund or
BlackRock, as applicable; (8) terrorist activities, international
hostilities and natural disasters, which may adversely affect the
general economy, domestic and local financial and capital markets,
specific industries or BlackRock; (9) BlackRock’s ability to
attract and retain highly talented professionals; (10) the impact
of BlackRock electing to provide support to its products from time
to time; and (11) the impact of problems at other financial
institutions or the failure or negative performance of products at
other financial institutions.
Annual and Semi-Annual Reports and other regulatory filings of
the Funds with the SEC are accessible on the SEC's website at
www.sec.gov and on BlackRock’s website at
www.blackrock.com, and may discuss these or other factors
that affect the funds. The information contained on BlackRock’s
website is not a part of this press release.
Blackrock Floating Rate Income Strategies Fund II, Inc. (NYSE:FRB)
過去 株価チャート
から 12 2024 まで 1 2025
Blackrock Floating Rate Income Strategies Fund II, Inc. (NYSE:FRB)
過去 株価チャート
から 1 2024 まで 1 2025
