BlackRock Debt Strategies Fund, Inc. (NYSE:DSU – Get Free Report) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Thursday, October 15th will be paid a dividend of 0.0987 per share by the financial services provider on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Thursday, October 15th.
BlackRock Debt Strategies Fund Stock Performance
DSU opened at $9.32 on Friday. The company’s fifty day moving average price is $9.48 and its two-hundred day moving average price is $9.67. BlackRock Debt Strategies Fund has a 1-year low of $9.31 and a 1-year high of $10.67.
About BlackRock Debt Strategies Fund
BlackRock Debt Strategies Fund, Inc (NYSE: DSU) is a diversified, closed-end management investment company designed to provide investors with a combination of current income and capital preservation. Managed by BlackRock Fund Advisors, the fund employs a multi-sector, global fixed-income strategy that seeks to deliver attractive risk-adjusted returns through a portfolio of debt instruments. As an interval fund, DSU offers quarterly liquidity to shareholders who wish to redeem shares at specified intervals.
The fund’s investment approach centers on allocation across various credit sectors, including high-yield corporate bonds, emerging markets debt, bank loans and securitized products.
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