BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) to Issue Monthly Dividend of $0.10

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0987 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Tuesday, September 15th.

BlackRock Debt Strategies Fund Stock Down 0.5%

NYSE:DSU opened at $9.32 on Friday. BlackRock Debt Strategies Fund has a 1 year low of $9.31 and a 1 year high of $10.67. The business has a 50 day simple moving average of $9.48 and a 200-day simple moving average of $9.67.

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.