BlackRock Debt Strategies Fund, Inc. (DSU) To Go Ex-Dividend on February 13th

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.0987 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date is Friday, February 13th.

BlackRock Debt Strategies Fund Price Performance

Shares of NYSE DSU traded down $0.03 during mid-day trading on Wednesday, hitting $10.11. The company had a trading volume of 126,903 shares, compared to its average volume of 320,241. The firm has a 50-day simple moving average of $10.22 and a two-hundred day simple moving average of $10.36. BlackRock Debt Strategies Fund has a one year low of $8.72 and a one year high of $10.81.

BlackRock Debt Strategies Fund Company Profile

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.