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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000900092-09-000428.txt : 20090723
<SEC-HEADER>0000900092-09-000428.hdr.sgml : 20090723
<ACCEPTANCE-DATETIME>20090723161812
ACCESSION NUMBER:		0000900092-09-000428
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20090531
FILED AS OF DATE:		20090723
DATE AS OF CHANGE:		20090723
EFFECTIVENESS DATE:		20090723

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK FLOATING RATE INCOME STRATEGIES FUND INC
		CENTRAL INDEX KEY:			0001259708
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21413
		FILM NUMBER:		09959610

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		800-441-7762

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FLOATING RATE INCOME STRATEGIES FUND INC
		DATE OF NAME CHANGE:	20030813
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>frafinal.htm
<DESCRIPTION>BR FLOATING RATE INCOME STRATEGIES FUND, INC.
<TEXT>

<HTML>
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   <TITLE>frafinal.htm - Generated by SEC Publisher for SEC Filing</TITLE>
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<P align="center">
<FONT face="ArialMT,Arial,Helvetica,sans-serif">UNITEDSTATES</FONT><BR>
<FONT face="ArialMT,Arial,Helvetica,sans-serif">SECURITIESANDEXCHANGECOMMISSION</FONT><BR>
<FONT face="ArialMT,Arial,Helvetica,sans-serif">Washington,D.C.20549</FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FORM N-Q</FONT></B><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MANAGEMENT INVESTMENT COMPANY</FONT></B></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Investment Company Act file number 811-21413</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Name of Fund: BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Floating Rate Income Strategies Fund, Inc., 800 Scudders Mill Road, Plainsboro, NJ, 08536.</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Registrant&#146;s telephone number, including area code: (800) 882-0052, Option 4</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date of fiscal year end: 08/31/2009</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date of reporting period: 05/31/2009</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 1 &#150; Schedule of Investments</FONT></P>

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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="27%"></TD>
     <TD width="35%"></TD>
     <TD width="10%"></TD>
     <TD width="4%"></TD>
     <TD width="9%"></TD>
     <TD width="12%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Corporate Bonds</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Auto Components - 2.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The Goodyear Tire &amp; Rubber Co., 5.01%, 12/01/09 (a)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 4,477,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Building Products - 1.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CPG International I, Inc., 8.561%, 7/01/12 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,855,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CPG International I, Inc., 10.50%, 7/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,575,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Momentive Performance Materials, Inc. Series WI,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9.75%, 12/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">750</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">285,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,715,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Capital Markets - 1.0%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">E*Trade Financial Corp., 12.50%, 11/30/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,052</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,359,450</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Co., LLC, 10.625%, 1/15/16 (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,168</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">478,880</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Holdco, LLC, 12.50%, 7/15/16 (b)(c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">471</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">193,273</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Superholdco, LLC, 14.50%, 1/15/18 (b)(c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">323</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">132,378</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,163,981</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Chemicals - 0.6%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GEO Specialty Chemicals Corp., 7.50%, 3/31/15 (b)(c)(d)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">836</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">543,208</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GEO Specialty Chemicals, Inc., 10%, 3/31/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">844</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">548,704</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Wellman Holdings, Inc. Third Lien Subordinate Note,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5%, 1/29/19 (d)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">430</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">215,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,306,912</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Construction Materials - 0.8%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nortek, Inc., 10%, 12/01/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,610</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,689,975</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Containers &amp; Packaging - 2.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Berry Plastics Holding Corp., 5.195%, 9/15/14 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,450</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">949,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Clondalkin Acquisition BV, 3.32%, 12/15/13 (a)(b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,640,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Crown European Holdings SA, 6.25%, 9/01/11</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">795</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,118,277</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Owens-Brockway Glass Container, Inc., 6.75%, 12/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">395</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">516,533</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Packaging Dynamics Finance Corp., 10%, 5/01/16 (b)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,350</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">787,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,011,810</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Financial</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FCE Bank Plc, 7.125%, 1/16/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,806,605</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 2.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Telecommunication</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Qwest Corp., 4.57%, 6/15/13 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,141,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 1.5%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Food &amp; Staples Retailing - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">AmeriQual Group LLC, 9.50%, 4/01/12 (b)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">250</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">150,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Equipment &amp;</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DJO Finance LLC, 10.875%, 11/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,250</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,665,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Supplies - 1.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Hotels, Restaurants &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">American Real Estate Partners LP, 7.125%, 2/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,275,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Leisure - 2.6%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Harrah's Operating Co., Inc., 10%, 12/15/18 (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">918</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">612,765</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Little Traverse Bay Bands of Odawa Indians, 10.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/15/14 (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,565</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">676,863</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,564,628</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">IT Services - 0.6%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Data Corp., 9.875%, 9/24/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,020</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">693,600</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Data Corp., 11.25%, 3/31/16 (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,265</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">683,100</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,376,700</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Independent Power Producers &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Calpine Construction Finance Co. LP, 8%, 6/01/16 (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,250</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,189,062</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Energy Traders - 1.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Texas Competitive Electric Holdings Co. LLC, 10.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/01/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,705</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,787,713</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,976,775</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industrial Conglomerates - 0.4%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sequa Corp., 11.75%, 12/01/15 (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">640</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">284,800</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sequa Corp., 13.50%, 12/01/15 (b)(c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,591</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">515,014</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">799,814</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Machinery - 0.7%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sunstate Equipment Co. LLC, 10.50%, 4/01/13 (b)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,440,000</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>1</FONT></P>
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<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Corporate Bonds</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Media - 1.6%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CSC Holdings, Inc., 8.50%, 4/15/14 (b)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">420</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 417,900</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CSC Holdings, Inc. Series B, 7.625%, 4/01/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,995,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cablevision Systems Corp. Series B, 8%, 4/15/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">575</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">564,937</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Local Insight Regatta Holdings, Inc., 11%, 12/01/17</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,244</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">335,880</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,313,717</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Metals &amp; Mining - 0.5%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FMG Finance Property Ltd., 4.668%, 9/01/11 (a)(b)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">265</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">235,850</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ryerson, Inc., 8.403%, 11/01/14 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,680</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">926,100</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,161,950</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Oil, Gas &amp; Consumable</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">SandRidge Energy, Inc., 4.833%, 4/01/14 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,600</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,264,494</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Fuels - 0.6%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Paper &amp; Forest Products - 2.7%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Abitibi-Consolidated, Inc., 5.496%, 6/15/11 (a)(e)(f)(g)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,650</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">251,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ainsworth Lumber Co. Ltd., 11%, 7/29/15 (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,147</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">314,054</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NewPage Corp., 7.278%, 5/01/12 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,925</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,903,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NewPage Corp., 10%, 5/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,120,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Verso Paper Holdings LLC Series B, 4.778%, 8/01/14 (a)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,160,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,749,429</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Pharmaceuticals - 1.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Angiotech Pharmaceuticals, Inc., 4.418%, 12/01/13 (a)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">720,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Elan Finance Plc, 4.883%, 11/15/11 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,162,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,882,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Real Estate Management &amp;</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realogy Corp., 10.50%, 4/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">920</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">338,100</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Development - 0.2%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Semiconductors &amp; Semiconductor</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Avago Technologies Finance Pte. Ltd., 6.168%, 6/01/13 (a)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">900</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">760,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Equipment - 1.2%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Spansion, Inc., 4.386%, 6/01/13 (b)(e)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,870</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,808,100</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,568,600</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Specialty Retail - 0.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">General Nutrition Centers, Inc., 6.404%, 3/15/14 (a)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">700</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">577,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Wireless Telecommunication</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cricket Communications, Inc., 7.75%, 5/15/16 (b)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,415,624</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 2.0%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Crown Castle International Corp., 9%, 1/15/15</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">255</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">257,550</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Digicel Group Ltd., 9.125%, 1/15/15 (b)(c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">278</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">211,280</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">iPCS, Inc., 3.153%, 5/01/13 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,241,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,125,704</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Corporate Bonds - 31.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">65,267,944</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Non-U.S. Government Agency Mortgage-Backed Securities</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Commercial Mortgage-Backed</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Crown Castle Towers LLC Series 2005-1A Class AFL,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Securities - 2.0%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">0.724%, 6/15/35 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,950</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,852,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Crown Castle Towers LLC Series 2005-1A Class AFX,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4.643%, 6/15/35 (b)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,420</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,359,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Non-U.S. Government Agency</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Mortgage-Backed Securities - 2.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,212,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Aerospace &amp; Defense - 3.5%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Avio SpA Dollar Mezzanine Term Loan, 5.811%, 12/13/16</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,078</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">488,438</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Avio SpA Facility B2, 2.444% - 3.936%, 12/15/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,661</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,127,619</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Avio SpA Facility C2, 3.069% - 4.561%, 12/14/15</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,771</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,202,091</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hawker Beechcraft Acquisition Co. LLC Letter of Credit</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility Deposit, 1.12%, 3/26/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">240</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">137,791</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hawker Beechcraft Acquisition Co. LLC Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.319% - 3.22%, 3/26/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,079</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,340,613</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>2</FONT></P>
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<TR>
     <TD width="23%"></TD>
     <TD width="37%"></TD>
     <TD width="16%"></TD>
     <TD width="9%"></TD>
     <TD width="12%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">IAP Worldwide Services, Inc. Term Loan (First-Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7.25%, 12/30/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 610,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Vought Aircraft Industries, Inc. Revolver,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.56% - 2.57%, 12/22/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,550</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,201,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vought Aircraft Industries, Inc. Tranche B Letter of Credit</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deposit, 2.916%, 12/22/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">373</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">298,667</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,406,469</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Airlines - 0.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Delta Air Lines, Inc. Credit-Linked Deposit Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">0.166% - 2.414%, 4/30/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,225</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,037,167</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">US Airways Group, Inc. Term Loan, 2.809%, 3/21/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,460</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">786,778</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,823,945</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Auto Components - 3.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Affinia Group Inc. Tranche B Term Loan, 4.039%, 11/30/11</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,460</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,025,399</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Allison Transmission, Inc. Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.12% - 3.15%, 8/07/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,837</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,730,885</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dana Holding Corp. Term Advance, 7.25%, 1/31/15</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,571</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">743,087</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GPX International Tire Corp. Term Loan, 12%, 4/11/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">21</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,394</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GPX International Tire Corp. Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.37%, 3/30/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,266</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">506,321</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,014,086</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Automobiles - 0.2%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">General Motors Corp. Assignment Term Loan, 8%, 11/29/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">421</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">394,052</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Beverages - 0.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Culligan International Co. Term Loan (Second Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.694% - 6.561%, 4/24/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">125,467</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Building Products - 1.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Building Materials Corp. of America Term Loan Advance,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.063%, 2/22/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,973</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,663,561</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">PGT Industries, Inc. Tranche A-2 Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6.75%, 2/14/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,923</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,173,106</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Stile Acquisition Corp (aka Masonite) Canadian Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4.75%, 4/06/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">918</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">470,016</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Stile U.S. Acquisition Corp. (aka Masonite) U.S. Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 4.25%, 4/06/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">929</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">475,202</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,781,885</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Capital Markets - 0.6%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">RiskMetrics Group Holdings, LLC Term B Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 3.22%, 1/10/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,453</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,344,114</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Chemicals - 5.7%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ashland, Inc. Term Loan B, 7.65%, 5/13/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,325</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,323,344</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Edwards (Cayman Islands II) Ltd. Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 2.428%, 5/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">491</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">303,961</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Huish Detergents Inc. Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.07%, 4/26/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,474</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,355,850</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nalco Co. Term Loan B, 6.50%, 5/06/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,450</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,454,594</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">PQ Corp. (fka Niagara Acquisition, Inc.) Original Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 4.29% - 4.47%, 7/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,970</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,997,350</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Solutia Inc. Term Loan, 7.25%, 2/28/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,474</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,602,829</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12,037,928</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Commercial Services &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">John Maneely Co. Term Loan, 3.599% - 4.389%, 12/09/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">849</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">664,173</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Supplies - 0.5%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">West Corp. Term B-2 Loan, 2.684% - 2.789%, 10/24/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">535</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">462,153</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,126,326</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>3</FONT></P>
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<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Computers &amp; Peripherals - 0.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Intergraph Corp. Initial Term Loan (First Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.664%, 5/29/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">419</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 383,102</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Intergraph Corp. Second Lien Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6.316% - 6.664%, 11/28/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">437,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">820,602</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Construction Materials - 0.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Headwaters Inc., Term Loan B1 (First Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6.22%, 4/30/11</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,012</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">658,113</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Containers &amp; Packaging - 2.0%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Graham Packaging Co., LP Term Loan B,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.625% - 2.688%, 10/07/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">109</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">105,361</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Graham Packaging Co., LP Term Loan C, 6.75%, 4/30/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,090</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,060,766</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Graphic Packaging International, Inc. Incremental Term</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 3.099% - 3.958%, 5/16/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,970</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,827,288</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit-Stone Container Enterprises, Inc., U.S. Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan (Debtor in Possession), 10%, 7/28/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,195</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,205,955</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,199,370</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Distributors - 0.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Keystone Automotive Operations, Inc. Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.835% - 5.75%, 1/12/12</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,423</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">640,222</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Consumer</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Coinmach Service Corp. Term Loan, 3.31% - 3.76%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 1.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/14/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,722</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,069,048</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Financial</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">J.G. Wentworth, LLC Loan (First Lien), 3.47%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/04/14 (e)(f)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,300</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">199,334</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Telecommunication</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">PAETEC Holding Corp. Incremental Term Loan, 2.819%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 0.8%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/28/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">400</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">362,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Wind Finance SA Euro Facility (Second Lien), 7.099%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/17/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,291,068</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,653,068</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Electrical Equipment - 0.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Generac Acquisition Corp. First Lien Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.911%, 11/10/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">548</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">376,749</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sensus Metering Systems New Term B-1,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.613% - 2.716%, 12/17/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,549</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,394,130</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,770,879</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Energy Equipment &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dresser, Inc. Term B Loan, 3.104%, 5/04/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,200</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,040,572</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 1.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">MEG Energy Corp. Delayed Draw Term Loan, 3.22%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/02/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">989</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">851,561</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">MEG Energy Corp. Initial Term Loan, 3.22%, 4/03/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">970</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">835,413</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,727,546</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Food &amp; Staples Retailing - 2.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">AB Acquisitions UK Topco 2 Ltd. (fka Alliance Boots)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility B1 UK Borrower, 3.60%, 7/09/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,702,462</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DS Waters of America, Inc. Term Loan, 2.566%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/02/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">922</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">755,994</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">McJunkin Corp. Term Loan, 4.47%, 1/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">445,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,903,956</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Food Products - 3.8%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dole Food Co., Inc. Credit-Linked Deposit,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1.139%, 4/12/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">390</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">387,054</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dole Food Co., Inc. Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7.25% - 8%, 4/12/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">684</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">678,354</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>4</FONT></P>
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     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
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     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
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     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
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     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Solvest, Ltd. (Dole) Tranche C Term Loan,</FONT>&nbsp;</TD>
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     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7.25% - 8%, 4/12/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,548</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,527,610</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sturm Foods, Inc. Initial Term Loan Second Lien,</FONT>&nbsp;</TD>
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     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7.125%, 7/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">395,000</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Wm. Wrigley Jr. Co. Tranche B Term Loan, 6.50%,</FONT>&nbsp;</TD>
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     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/06/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,975</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,980,366</FONT>&nbsp;</TD></TR>
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     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,968,384</FONT>&nbsp;</TD></TR>
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     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Equipment &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DJO Finance LLC (ReAble Therapeutics Fin LLC) Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
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     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Supplies - 0.5%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.319% - 4.22%, 5/20/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">988</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">871,962</FONT>&nbsp;</TD></TR>
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     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hologic, Inc. Tranche B Term Loan, 3.625%, 3/31/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">311</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">298,206</FONT>&nbsp;</TD></TR>
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     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,170,168</FONT>&nbsp;</TD></TR>
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     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Providers &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CCS Medical, Inc. (Chronic Care) Term Loan (First Lien),</FONT>&nbsp;</TD>
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     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 6.8%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4.97%, 9/30/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">469</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">214,078</FONT>&nbsp;</TD></TR>
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     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CHS/Community Health Systems, Inc. Delayed Draw</FONT>&nbsp;</TD>
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     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan, 2.569%, 7/25/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">88</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">78,314</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CHS/Community Health Systems, Inc. Funded Term</FONT>&nbsp;</TD>
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     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 2.569% - 2.924%, 7/25/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,320</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,832,801</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DaVita, Inc. Tranche B-1 Term Loan, 1.82% - 2.74%,</FONT>&nbsp;</TD>
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     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/05/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">933,906</FONT>&nbsp;</TD></TR>
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     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Fresenius SE Tranche B1 Term Loan, 6.75%, 7/06/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,490</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,488,615</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Fresenius SE Tranche B2 Term Loan, 6.75%, 7/06/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">910</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">909,585</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HCA Inc. Tranche A-1 Term Loan, 2.97%, 11/17/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,230</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,995,090</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HCA Inc. Tranche B-1 Term Loan, 3.47%, 11/18/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,510</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,123,784</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Vanguard Health Holding Co. II, LLC (Vanguard Health</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
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     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">System, Inc.) Replacement Term Loan, 2.569%, 9/23/11</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,773</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,675,666</FONT>&nbsp;</TD></TR>
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     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">14,251,839</FONT>&nbsp;</TD></TR>
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     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Hotels, Restaurants &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Golden Nugget, Inc. Second Lien Term Loan, 3.57%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
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     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Leisure - 3.3%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">120,000</FONT>&nbsp;</TD></TR>
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     <TD colSpan=5 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Green Valley Ranch Gaming, LLC Second Lien Term Loan,</FONT></TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.599%, 8/16/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">50,000</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Harrah's Operating Co., Inc. Term B-1 Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.319% - 4.092%, 1/28/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">236</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">181,101</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Harrah's Operating Co., Inc. Term B-2 Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.319% - 4.092%, 1/28/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,772</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,124,430</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Harrah's Operating Co., Inc. Term B-3 Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.286% - 4.092%, 1/28/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">210</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">160,979</FONT>&nbsp;</TD></TR>
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     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Las Vegas Sands, LLC Delayed Draw I Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.07%, 5/23/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">229</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">163,751</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Las Vegas Sands, LLC Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.07%, 5/23/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">740</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">529,387</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Penn National Gaming, Inc. Term Loan B,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.06% - 2.72%, 10/03/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,192</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,120,591</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">QCE, LLC (Quiznos) Term Loan (First Lien), 3.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/05/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">981</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">625,981</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travelport LLC (fka Travelport Inc.) Original Post-First</FONT></TD></TR>
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     <TD colSpan=5 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amendment and Restatement Synthetic L/C Loan, 3.72%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8/23/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">178</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">130,208</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>5</FONT></P>
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     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Travelport LLC (fka Travelport Inc.) Tranche B Dollar</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan, 2.819% - 3.72%, 8/23/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">889</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 648,931</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">VML US Finance LLC (aka Venetian Macau) Term B</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Delayed Draw Project Loan, 2.57%, 5/25/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">384</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">320,147</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">VML US Finance LLC (aka Venetian Macau) Term B</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Funded Project Loan, 2.57%, 5/27/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">866</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">722,353</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,897,859</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Household Durables - 3.2%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">American Residential Services LLC Term Loan (Second Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10%, 4/17/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,030</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,745,380</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Jarden Corp. Term Loan B3, 3.72%, 1/24/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,375</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,318,281</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Simmons Bedding Co. Tranche D Term Loan, 10.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/19/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,166</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,665,742</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Yankee Candle Co., Inc. Term Loan, 2.32% - 3.22%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/06/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,184</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,008,303</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,737,706</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">IT Services - 2.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Audio Visual Services Group, Inc. Loan (Second Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7.72%, 8/28/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,020</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">64,593</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Audio Visual Services Group, Inc. Tranche B Term Loan</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 3.47%, 2/28/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,478</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">568,838</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ceridian Corp. U.S. Term Loan, 3.316%, 11/09/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,977</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,455,745</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Data Corp. Initial Tranche B-2 Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.059% - 3.069%, 9/24/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,283</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">940,385</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Data Corp. Initial Tranche B-3 Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.059% - 3.069%, 9/24/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">342</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">251,222</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">RedPrairie Corp. Loan (Second Lien), 7.507%, 1/20/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">300</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">154,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">RedPrairie Corp. Term Loan, 3.688% - 5.25%, 7/20/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">563</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">405,640</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">SunGard Data Systems Inc. (Solar Capital Corp.) New U.S.</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan, 2.071%, 2/28/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,378</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,155,872</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,996,795</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Independent Power Producers &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Texas Competitive Electric Holdings Co., LLC (TXU) Initial</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Energy Traders - 1.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tranche B-1 Term Loan, 3.819% - 3.882%, 10/10/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,535</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,730,138</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Texas Competitive Electric Holdings Co., LLC (TXU) Initial</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tranche B-2 Term Loan, 3.819% - 3.882%, 10/10/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">980</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">674,747</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Texas Competitive Electric Holdings Co., LLC (TXU) Initial</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tranche B-3 Term Loan, 3.819% - 3.882%, 10/10/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,950</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,332,894</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,737,779</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industrial Conglomerates - 1.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sequa Corp. Term Loan, 3.61% - 4.08%, 12/03/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,794</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,102,384</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Insurance - 0.2%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Alliant Holdings I, Inc. Term Loan, 4.232%, 8/21/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">493</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">418,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Internet &amp; Catalog Retail - 0.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FTD Group, Inc. Tranche B Term Loan, 6.75%, 8/04/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">746</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">716,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Leisure Equipment &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">24 Hour Fitness Worldwide, Inc. Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Products - 1.4%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.82% - 3.67%, 6/08/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,880</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,638,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Fender Musical Instruments Corp. Delayed Draw Loan,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.67%, 6/09/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">166</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">102,730</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Fender Musical Instruments Corp. Initial Loan, 3.47%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/09/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">328</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">203,389</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,944,519</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>6</FONT></P>
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<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Life Sciences Tools &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Life Technologies Corp. Term B Facility, 5.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 1.5%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/20/15</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,175&nbsp;</FONT></TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 3,166,666</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Machinery - 3.0%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NACCO Materials Handling Group, Inc. Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.319% - 4.25%, 3/21/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,459</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">583,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navistar Financial Corp. Tranche A Term loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.375%, 3/27/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,496</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,352,487</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navistar International Corp. Revolving Credit-Linked</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deposit, 0.166% - 8.47%, 1/19/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,067</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">889,524</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navistar International Corp. Term Advance, 3.569%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/19/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,933</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,446,192</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Oshkosh Truck Corp. Term B Loan, 7.15% - 7.32%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/06/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,195</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,022,889</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,294,592</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Media - 24.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Affinion Group Holdings, Inc. Loan, 9.273%, 3/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,300,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">AlixPartners, LLP Tranche C Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.35% - 3.14%, 10/12/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,591</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,503,157</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bresnan Communications, LLC Additional Term Loan B</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 2.31% - 3.11%, 6/30/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,364,063</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Catalina Marketing Corp. Initial Term Loan, 3.40%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,527</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,386,172</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cengage Learning Acquisitions, Inc. (Thomson Learning)</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tranche 1 Incremental Term Loan, 7.50%, 7/03/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,458</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,231,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cequel Communications, LLC Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.349% - 2.401%, 11/05/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,116</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,907,150</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cequel Communications, LLC Tranche A Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Second Lien), 4.911%, 5/05/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,619,376</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Charter Communications Term Loan B1, 7.939%, 3/25/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,465</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,393,103</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Clarke American Corp. Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.819% - 3.72%, 6/30/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">983</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">757,344</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HMH Publishing Co. Ltd. Mezzanine, 6.25%, 11/14/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,724</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,944,754</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HMH Publishing Co. Ltd. Tranche A Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7.66%, 6/12/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,640</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,880,862</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hanley-Wood, LLC (FSC Acquisition) Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.563% - 2.599%, 3/08/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,479</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">526,740</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Insight Midwest Holdings, LLC B Term Loan, 2.41%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/07/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,825</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,682,801</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Intelsat Subsidiary Holding Co. Ltd. Tranche B Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 2.914%, 1/03/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,901</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,768,970</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Knology, Inc. Term Loan, 2.668%, 6/30/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">726</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">638,921</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lamar Advertising Co. Term Loan B, 5.50%, 9/30/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,460</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,438,100</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lavena Holding 3 GmbH (Prosiebensat.1 Media AG)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility B1, 4.589%, 6/30/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">337</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">111,759</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lavena Holding 3 GmbH (Prosiebensat.1 Media AG)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility C1, 4.839%, 6/30/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">337</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">111,759</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MCC Iowa LLC (Mediacom Broadband Group) Tranche A</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan, 1.79%, 3/31/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">716</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">697,734</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>7</FONT></P>
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<TR>
     <TD width="23%"></TD>
     <TD width="38%"></TD>
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     <TD width="5%"></TD>
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     <TD width="12%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">MCNA Cable Holdings LLC (OneLink Communications)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan (PIK Facility), 8.31%, 3/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,236</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 247,284</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Mediacom Broadband (Term Loan E), 6.50%, 11/30/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,875</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,857,031</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Mediannuaire Holding (Pages Jaunes) Term Loan D,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.913%, 1/11/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">175,300</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Metro-Goldwyn-Mayer Inc. Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.569%, 4/09/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,305</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,887,232</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Multicultural Radio Broadcasting, Inc. Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.164%, 12/18/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">327</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">207,645</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Newsday, LLC Fixed Rate Term Loan, 9.75%, 8/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">997,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NextMedia Operating, Inc. Delay Draw Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8.25%, 11/15/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">200</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">96,152</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NextMedia Operating, Inc. Initial Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 8.25%, 11/15/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">267</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">128,130</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NextMedia Operating, Inc. Loan (Second Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11.25%, 11/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,768</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">185,620</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nielsen Finance LLC Dollar Term Loan, 2.382%, 8/09/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,850</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,150,798</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Penton Media, Inc. Loan (Second Lien), 6.039%, 2/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">96,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sunshine Acquisition Ltd. (aka HIT Entertainment) Term</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility, 3.26%, 7/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">732</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">387,978</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">TWCC Holding Corp. Term Loan, 7.25%, 9/14/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,746</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,730,802</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">UPC Financing Partnership Facility M, 2.946%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,057,340</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Virgin Media NTL Term Loan A, 2.52%, 3/03/11</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,465,439</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">50,934,891</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Multi-Utilities - 2.0%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Energy Transfer Equity, L.P. Term Loan, 2.706%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">945,833</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FirstLight Power Resources, Inc. (fka NE Energy, Inc.)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Lien Term Loan B, 3.75%, 11/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">664</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">594,080</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FirstLight Power Resources, Inc. (fka NE Energy, Inc.)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Second Lien Term Loan, 5.75%, 5/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">346,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FirstLight Power Resources, Inc. (fka NE Energy, Inc.)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Synthetic Letter of Credit, 1.10%, 11/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">86</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">76,545</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Riverside Energy Center Term Loan, 5.289%, 6/24/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,531</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,408,678</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Rocky Mountain Energy Center, LLC Credit Linked</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deposit, 0.939%, 6/24/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">134</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">123,249</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rocky Mountain Energy Center, LLC Term Loan, 5.289%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/24/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">701</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">645,216</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,139,851</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Multiline Retail - 0.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dollar General Corp. Tranche B-2 Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.069% - 3.07%, 7/07/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,975</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,805,715</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Oil, Gas &amp; Consumable</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Big West Oil, LLC Delayed Advance Loan, 6.50%, 5/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">550</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">431,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Fuels - 2.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Big West Oil, LLC Initial Advance Loan, 6.50%, 5/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">438</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">343,438</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Coffeyville Resources, LLC Funded Letter of Credit,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.15%, 12/28/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">486</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">431,352</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Coffeyville Resources, LLC Tranche D Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8.75%, 12/30/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,563</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,385,817</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>8</FONT></P>
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<TR>
     <TD width="26%"></TD>
     <TD width="34%"></TD>
     <TD width="11%"></TD>
     <TD width="4%"></TD>
     <TD width="9%"></TD>
     <TD width="12%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Petroleum GEO-Services ASA/PGS Finance, Inc. Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 2.97%, 6/29/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">538</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 489,580</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Vulcan Energy Corp. (fka Plains Resources Inc.) Term B3</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 5.50%, 8/12/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,447,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,529,437</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Paper &amp; Forest Products - 2.7%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Georgia-Pacific LLC Term B Loan, 2.319%, 12/20/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,750</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,548,219</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Georgia-Pacific LLC Term B Loan, 2.323%, 12/20/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,240</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,075,640</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NewPage Corp. Term Loan, 4.063% - 5%, 12/22/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,222</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">982,273</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Verso Paper Finance Holdings LLC Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7.728% - 8.028%, 2/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,946</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">97,286</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,703,418</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Pharmaceuticals - 0.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Catalent Pharma Solutions, Inc. (fka Cardinal Health</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">409, Inc.) Euro Term Loan, 3.191%, 4/15/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">983</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000,057</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Warner Chilcott Co., Inc. Tranche B Acquisition Date</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan, 2.319%, 1/18/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">740</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">699,998</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Warner Chilcott Corp. Tranche C Acquisition Date Term</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 2.139%, 1/18/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">260</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">245,502</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,945,557</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Real Estate Management &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Mattamy Funding Partnership Loan, 2.938%, 4/11/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">970</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">533,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Development - 0.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realogy Corp. Initial Term B Loan, 4.177%, 10/10/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,965</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,365,675</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,899,175</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Road &amp; Rail - 0.6%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">RailAmerica, Inc. Canadian Term Loan, 5.20%, 8/14/09</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">76</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">72,580</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">RailAmerica, Inc. U.S. Term Loan, 5.20%, 8/14/09</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,174</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,121,170</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,193,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Specialty Retail - 0.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Adesa, Inc. (KAR Holdings, Inc.) Initial Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.57% - 3.47%, 10/20/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">856,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Transportation</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">SBA Telecommunications Term Loan, 1.994%, 11/01/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,116</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,882,848</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Infrastructure - 0.9%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Wireless Telecommunication</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cricket Communications, Inc. (aka Leap Wireless) Term B</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 2.1%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 5.75%, 6/16/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,240</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,253,501</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Digicel International Finance Ltd. Tranche A, 3.75%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,250</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,134,375</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,387,876</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Floating Rate Loan Interests - 93.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">196,378,894</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Common Stocks</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Shares</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Chemicals - 0.0%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GEO Specialty Chemicals, Inc. (e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">13,117</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,036</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Wellman Holdings, Inc.</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">430</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">108</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,144</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Electrical Equipment - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Medis Technologies Ltd. (e)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">71,654</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">19,347</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Energy Equipment &amp;</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Trico Marine Services, Inc. (e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">119,185</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">351,596</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 0.2%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Paper &amp; Forest Products - 0.2%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ainsworth Lumber Co. Ltd. (e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">136,289</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">193,495</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ainsworth Lumber Co. Ltd. (b)(e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">152,951</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">216,348</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Western Forest Products, Inc. (e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">84,448</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">20,111</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">429,954</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Common Stocks - 0.4%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">806,041</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>9</FONT></P>
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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="26%"></TD>
     <TD width="35%"></TD>
     <TD width="11%"></TD>
     <TD width="13%"></TD>
     <TD width="13%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Preferred Stocks</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Shares</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Capital Markets - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Superholdco, LLC, 16.75% (b)(h)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">78</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 21,840</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Preferred Stocks - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">21,840</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Long-Term Investments (Cost - $350,340,506) - 126.5%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">266,686,719</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Short-Term Securities</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">BlackRock Liquidity Funds, TempFund, 0.535% (i)(j)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,779,400</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,779,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Short-Term Securities</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Cost - $2,779,400) - 1.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,779,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Options Purchased</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Contracts</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Over-the-Counter Call Options</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Superholdco LLC, expiring December</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2009 at USD 942.86, Broker Goldman Sachs &amp; Co.</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">20</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">32,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Options Purchased</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Cost - $19,556) - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">32,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Investments (Cost - $353,139,462*)</FONT></B>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">- 127.8%</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">269,498,119</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Liabilities in Excess of Other Assets - (27.8)%</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(58,652,135)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Net Assets - 100.0%</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 210,845,984</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">* The cost and unrealized appreciation (depreciation) of investments as of May 31, 2009,</FONT></P>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">as computed for federal income tax purposes, were as follows:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="48%"></TD>
     <TD width="51%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Aggregate cost</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 353,084,852</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Gross unrealized appreciation</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 4,131,032</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Gross unrealized depreciation</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet &#13;&#10;MS,Arial,Helvetica,sans-serif">(87,717,765)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Net unrealized depreciation</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (83,586,733)</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(a) Variable rate security. Rate shown is as of report date.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(b) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">transactions exempt from registration to qualified institutional investors.</FONT><BR>
<BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(c) Represents a payment-in-kind security which may pay interest/dividends in additional par/shares.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(d) Convertible security.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(e) Non-income producing security.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(f) Issuer filed for bankruptcy and/or is in default of interest payments.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(g) Represents a zero-coupon bond. Rate shown represents the current yield as of report date.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(h) Security is perpetual in nature and has no stated maturity date.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(i) Investments in companies considered to be an affiliate of the Fund, for purposes of Section 2(a)(3) of the Investment Co.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Act of 1940, were as follows:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="55%"></TD>
     <TD width="26%"></TD>
     <TD width="17%"></TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Affiliate</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Net Activity</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Income</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">BlackRock Liquidity Funds, TempFund</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,779,400</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 3,656</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">BlackRock Liquidity Series, LLC Cash Sweep Series</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD (1,634,669)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 26,042</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(j) Represents the current yield as of report date.</FONT><BR>
<FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">For Fund compliance purposes, the Fund's industry classifications refer to any one or more of the industry sub-</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">management. This definition may not apply for purposes of this report which may combine industry sub-classifications for</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">reporting ease.</FONT><BR>
<BR>
<FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Foreign currency exchange contracts as of May 31, 2009 were as follows:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="17%"></TD>
     <TD width="22%"></TD>
     <TD width="24%"></TD>
     <TD width="18%"></TD>
     <TD width="17%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Currency</FONT></B>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Currency</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Settlement</FONT></B>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Purchased</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Sold</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Date</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Depreciation</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD 243,351</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CAD 315,000</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Citibank NA</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/10/09</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (45,197)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD 2,908,285</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP 2,079,500</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">UBS AG</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/10/09</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(452,639)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD 14,125,983</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR 10,371,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Citibank NA</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7/15/09</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(530,736)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (1,028,572)</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>10</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="19%"></TD>
     <TD width="9%"></TD>
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     <TD width="15%"></TD>
     <TD width="13%"></TD>
     <TD width="3%"></TD>
     <TD width="11%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=3 align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=6 align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Credit default swaps on single-name issues - buy protection outstanding as of May 31, 2009 were as follows:</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Pay</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Notional</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Fixed</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Amount</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Issuer</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Rate</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Expiration</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Depreciation</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Motor Co.</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.80%</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">UBS AG</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/20/10</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD 10,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (1,736,876)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=6 align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Credit default swaps on single-name issues - sold protection outstanding as of May 31, 2009 were as follows:</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Pay</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Notional</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Fixed</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Amount</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Issuer</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Rate</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Expiration</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Depreciation)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Data Corp.</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.00%</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">JPMorgan Chase Bank, NA</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/20/13</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD 3,000</FONT>&nbsp;</TD>
     <TD colSpan=2 align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 148,396</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Host Hotels &amp;</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Resorts LP</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.00%</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Goldman Sachs Bank USA</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/20/14</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD 2,500</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(308,771)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Masco Corp.</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.30%</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">JPMorgan Chase Bank, NA</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/20/14</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD 1,000</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(81,238)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Mohawk</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Industries, Inc.</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4.45%</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">JPMorgan Chase Bank, NA</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/20/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD 1,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(70,014)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" colSpan=2 align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (311,627)</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Currency Abbreviations:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="27%"></TD>
     <TD width="72%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CAD</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Canadian Dollar</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Euro</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">British Pound</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">US Dollar</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face=Wingdings,WingDings>&#159; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Effective September 1, 2008, the Fund adopted Financial Accounting Standards Board Statement of Financial Accounting</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Standards No. 157, "Fair Value Measurements" ("FAS 157"). FAS 157 clarifies the definition of fair value, establishes a</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">framework for measuring fair values and requires additional disclosures about the use of fair value measurements.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Various inputs are used in determining the fair value of investments, which are as follows:</FONT></P>
<P align=left><FONT size=2 face=Wingdings,WingDings>&#159; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 1 - price quotations in active markets/exchanges for identical securities</FONT><BR>
<FONT size=2 face=Wingdings,WingDings>&#159; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 2 - other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates,</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">corroborated inputs)</FONT><BR>
<BR>
<FONT size=2 face=Wingdings,WingDings>&#159; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 3 - unobservable inputs based on the best information available in the circumstances, to the extent</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">observable inputs are not available (including the Fund's own assumptions used in determining the fair value of</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">investments)</FONT></P>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">investing in those securities. For information about the Fund's policy regarding valuation of investments and other</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">significant accounting policies, please refer to the Fund's most recent financial statements as contained in its</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">semi-annual report.</FONT></P>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>11</FONT></P>
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<P align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></B><BR>
<BR>
<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments May 31, 2009 (Unaudited)</FONT></B><BR>
<BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The following table summarizes the inputs used as of May 31, 2009 in determining the fair valuation of the Fund's</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">investments:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="20%"></TD>
     <TD width="34%"></TD>
     <TD width="27%"></TD>
     <TD width="17%"></TD></TR>
<TR vAlign=bottom>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Valuation</FONT></B>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Investment in</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Inputs</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Securities</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Other Financial Instruments*</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Assets</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Assets</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Liabilities</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 1</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 3,363,948</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 2</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">199,226,542</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 180,396</FONT></TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$(3,225,471)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 3</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">66,907,629</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 269,498,119</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 180,396</FONT></TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$(3,225,471)</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">* Other financial instruments are swaps, options and foreign currency exchange contracts.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Swaps and foreign currency exchange contracts are valued at the unrealized</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">appreciation/depreciation on the instrument and options are shown at market value.</FONT></P>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The following is a reconciliation of investments for unobservable inputs (Level 3)</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">used in determining fair value:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="57%"></TD>
     <TD width="42%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Investments in</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Securities</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Balance, as of August 31, 2008</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 27,977,920</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realized gain</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,589,682</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Change in unrealized appreciation/depreciation</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,116,814</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Net purchases (sal</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(25,357,574)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Net transfers in Level 3</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">58,580,787</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Balance, as of May 31, 2009</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 66,907,629</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>12</FONT></P>
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<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 2 &#150; Controls and Procedures</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2(a) &#150; The registrant&#146;s principal executive and principal financial officers or persons performing</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">similar functions have concluded that the registrant&#146;s disclosure controls and procedures (as</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#147;1940 Act&#148;)) are effective as of a date within 90 days of the filing of this report based on the</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">and Rule 13(a)-15(b) under the Securities Exchange Act of 1934, as amended.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2(b) &#150; There were no changes in the registrant&#146;s internal control over financial reporting (as</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant&#146;s last fiscal</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">quarter that have materially affected, or are reasonably likely to materially affect, the</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">registrant&#146;s internal control over financial reporting.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 3 &#150; Exhibits</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Certifications &#150; Attached hereto</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the undersigned, thereunto duly authorized.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: </FONT><U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Donald C. Burke</FONT></U><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Donald C. Burke</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Executive Officer of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: July 15, 2009</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Company Act of 1940, this report has been signed below by the following persons on behalf</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">of the registrant and in the capacities and on the dates indicated.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: </FONT><U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Donald C. Burke</FONT></U><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Donald C. Burke</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Executive Officer (principal executive officer) of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: July 15, 2009</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: </FONT><U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Neal J. Andrews</FONT></U><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Neal J. Andrews</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Financial Officer (principal financial officer) of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: July 15, 2009</FONT></P>

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<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>certsfra.htm
<DESCRIPTION>CERTIFICATION
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<P align="left"> <B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">EX-99.CERT</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">THE SARBANES-OXLEY ACT OF 2002</FONT></B><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">I, Donald C. Burke, Chief Executive Officer (principal executive officer) of BlackRock Floating Rate Income Strategies</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Fund, Inc., certify that:</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1. I have reviewed this report on Form N-Q of BlackRock Floating Rate Income Strategies Fund, Inc.;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">material fact necessary to make the statements made, in light of the circumstances under which such statements were made,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">not misleading with respect to the period covered by this report;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the investments of the registrant as of the end of the fiscal quarter for which the report is filed;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">designed under our supervision, to ensure that material information relating to the registrant, including its</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">which this report is being prepared;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b) designed such internal control over financial reporting, or caused such internal control over financial</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">financial reporting and the preparation of financial statements for external purposes in accordance with generally</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">accepted accounting principles;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">days prior to the filing date of this report, based on such evaluation; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">d) disclosed in this report any change in the registrant's internal control over financial reporting that</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">materially affect, the registrant's internal control over financial reporting; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">of the registrant's board of directors (or persons performing the equivalent functions):</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a) all significant deficiencies and material weaknesses in the design or operation of internal control over</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">summarize, and report financial information; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b) any fraud, whether or not material, that involves management or other employees who have a significant</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">role in the registrant's internal control over financial reporting.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: July 15, 2009</FONT><BR>
<BR>
<U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Donald C. Burke</FONT></U><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Donald C. Burke</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Executive Officer (principal executive officer) of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></P>
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<P align="left"> <B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">EX-99.CERT</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002</FONT></B><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">I, Neal J. Andrews, Chief Financial Officer (principal financial officer) of BlackRock Floating Rate Income</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Strategies Fund, Inc., certify that:</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1. I have reviewed this report on Form N-Q of BlackRock Floating Rate Income Strategies Fund,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Inc.;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">omit to state a material fact necessary to make the statements made, in light of the circumstances under</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">which such statements were made, not misleading with respect to the period covered by this report;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3. Based on my knowledge, the schedules of investments included in this report fairly present in all</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">material respects the investments of the registrant as of the end of the fiscal quarter for which the report is</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">filed;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Company Act of 1940) for the registrant and have:</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a) designed such disclosure controls and procedures, or caused such disclosure controls and</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">procedures to be designed under our supervision, to ensure that material information relating to the</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">registrant, including its consolidated subsidiaries, is made known to us by others within those</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">entities, particularly during the period in which this report is being prepared;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b) designed such internal control over financial reporting, or caused such internal control</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">over financial reporting to be designed under our supervision, to provide reasonable assurance</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">regarding the reliability of financial reporting and the preparation of financial statements for</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">external purposes in accordance with generally accepted accounting principles;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">c) evaluated the effectiveness of the registrant's disclosure controls and procedures and</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">presented in this report our conclusions about the effectiveness of the disclosure controls and</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">procedures, as of a date within 90 days prior to the filing date of this report, based on such</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">evaluation; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">d) disclosed in this report any change in the registrant's internal control over financial</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">reporting that occurred during the registrant's most recent fiscal quarter that has materially</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">affected, or is reasonably likely to materially affect, the registrant's internal control over financial</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">reporting; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">audit committee of the registrant's board of directors (or persons performing the equivalent functions):</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a) all significant deficiencies and material weaknesses in the design or operation of internal</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">control over financial reporting which are reasonably likely to adversely affect the registrant's</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">ability to record, process, summarize, and report financial information; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b) any fraud, whether or not material, that involves management or other employees who</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">have a significant role in the registrant's internal control over financial reporting.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: July 15, 2009</FONT></P>
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<P align="left"> <U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Neal J. Andrews</FONT></U><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Neal J. Andrews</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Financial Officer (principal financial officer) of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Floating Rate Income Strategies Fund, Inc.</FONT></P>
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