UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act File Number 811-21413 Name of Fund: Floating Rate Income Strategies Fund, Inc. Fund Address: P.O. Box 9011 Princeton, NJ 08543-9011 Name and address of agent for service: Robert C. Doll, Jr., Chief Executive Officer, Floating Rate Income Strategies Fund, Inc., 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011 Registrant's telephone number, including area code: (609) 282-2800 Date of fiscal year end: 08/31/2006 Date of reporting period: 07/01/2005 - 06/30/2006 Item 1 - Proxy Voting Record The information contained herein discloses the following information for each matter relating to a portfolio security considered at any shareholder meeting held during the period covered by the report and with respect to which the registrant was entitled to vote: (a) The name of the issuer of the portfolio security; (b) The exchange ticker symbol of the portfolio security; (c) The Council on Uniform Securities Identification Procedures ("CUSIP") number for the portfolio security; (d) The shareholder meeting date; (e) A brief identification of the matter voted on; (f) Whether the matter was proposed by the issuer or by a security holder; (g) Whether the registrant cast its vote on the matter; (h) How the registrant cast its vote; and (i) Whether the registrant cast its vote for or against management. ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-21413 Reporting Period: 07/01/2005 - 06/30/2006 Floating Rate Income Strategies Fund, Inc. ================== FLOATING RATE INCOME STRATEGIES FUND, INC. ================== GEO SPECIALTY CHEMICALS INC. Ticker: GSCQ Security ID: 37246R205 Meeting Date: NOV 17, 2005 Meeting Type: Annual Record Date: OCT 7, 2005 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Director David L. Eaton For For Management 2 Elect Director Charles Macaluso For For Management 3 Elect Director Michael Y. McGovern For For Management 4 Elect Director Nathaniel Mass For For Management 5 Amend Articles/Bylaws/Charter-Non-Routine For For Management ========== END NPX REPORT Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Floating Rate Income Strategies Fund, Inc. By: /s/ Robert C. Doll, Jr. ----------------------- Robert C. Doll, Jr. Chief Executive Officer Floating Rate Income Strategies Fund, Inc. Date: August 24, 2006