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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) declared a monthly dividend on Thursday, September 10th. Investors 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) annualized dividend and a dividend yield of 12.7%. The ex-dividend date of this dividend is Thursday, October 15th.

BlackRock Debt Strategies Fund Stock Down 0.6%

BlackRock Debt Strategies Fund stock opened at $9.35 on Friday. BlackRock Debt Strategies Fund has a 12-month low of $9.31 and a 12-month high of $10.67. The firm’s 50-day moving average is $9.49 and its two-hundred day moving average is $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.