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

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”).