BlackRock Debt Strategies Fund, Inc. (NYSE:DSU – Get Free Report) announced a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0987 per share by the financial services provider on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 12.2%. The ex-dividend date of this dividend is Wednesday, July 15th.
BlackRock Debt Strategies Fund Price Performance
DSU opened at $9.71 on Monday. BlackRock Debt Strategies Fund has a 1 year low of $9.31 and a 1 year high of $10.67. The stock has a fifty day moving average price of $9.77 and a 200 day moving average price of $9.90.
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.
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