Guggenheim Capital LLC Acquires 186,480 Shares of BlackRock Debt Strategies Fund, Inc. $DSU

Guggenheim Capital LLC grew its holdings in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 15.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,403,471 shares of the financial services provider’s stock after purchasing an additional 186,480 shares during the period. Guggenheim Capital LLC owned about 2.58% of BlackRock Debt Strategies Fund worth $14,821,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DSU. Invesco Ltd. grew its holdings in shares of BlackRock Debt Strategies Fund by 0.7% in the second quarter. Invesco Ltd. now owns 655,619 shares of the financial services provider’s stock worth $6,923,000 after purchasing an additional 4,353 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in BlackRock Debt Strategies Fund by 9.5% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 16,472 shares of the financial services provider’s stock valued at $174,000 after buying an additional 1,430 shares during the period. MTM Investment Management LLC purchased a new stake in BlackRock Debt Strategies Fund in the 2nd quarter valued at about $63,000. Allworth Financial LP grew its stake in BlackRock Debt Strategies Fund by 67.7% in the 2nd quarter. Allworth Financial LP now owns 19,820 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 8,000 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of BlackRock Debt Strategies Fund by 11.3% during the second quarter. Envestnet Asset Management Inc. now owns 66,879 shares of the financial services provider’s stock worth $706,000 after acquiring an additional 6,804 shares during the period. 24.29% of the stock is currently owned by institutional investors.

BlackRock Debt Strategies Fund Stock Down 0.3%

BlackRock Debt Strategies Fund stock opened at $10.28 on Friday. The company has a 50 day moving average price of $10.32 and a 200-day moving average price of $10.46. BlackRock Debt Strategies Fund, Inc. has a fifty-two week low of $8.72 and a fifty-two week high of $10.93.

BlackRock Debt Strategies Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were given a dividend of $0.0987 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 11.5%.

About BlackRock Debt Strategies Fund

BlackRock Debt Strategies Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of companies' debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services (BBB or lower by S&P's or Baa or lower by Moody's) or unrated debt instruments, which are in the judgment of the investment adviser of equivalent quality.