BlackRock Debt Strategies Fund, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Charles Choon Sik Park
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 55 East 52nd Street New York City NY United States of America 10055
- IPO Date
- Mar 30, 1998
- CIK
- 0001051003
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock Debt Strategies Fund, Inc. (DSU) is a closed-end management investment company that seeks to provide current income through a diversified portfolio of U.S. companies' debt instruments, including corporate loans rated in the lower rating categories (BBB or lower by S&P or Baa or lower by Moody's) or unrated debt of equivalent quality; its secondary objective is capital appreciation. The Fund, managed by BlackRock Advisors, LLC, invests primarily in high yield corporate bonds, senior secured loans, subordinated loans (both secured and unsecured), CLOs, and asset-backed securities, with top holdings including Powershares Senior Loan Portfolio, Beignet Investor LLC term loans, TransDigm Inc. bonds, and iShares Broad USD High Yield Corporate Bond ETF; it may also employ derivatives for synthetic exposure and holds minor common stock positions in sectors such as financial services and media. Formed on March 27, 1998 and domiciled in Wilmington, Delaware with principal operations in New York, the Fund focuses on the U.S. fixed income market, leveraging BlackRock's credit research platform, and trades on the NYSE under ticker DSU with a gross expense ratio of 2.33% including management fees of 0.68% and interest expenses. In recent developments, the Fund has adjusted its portfolio allocations, increasing exposure to high yield bonds while maintaining stable ratings positioning with slight increases in Bs and reductions in CCCs; it announced monthly distributions of $0.0711 per share starting October 2019 under a managed distribution plan, with updates to net asset value calculation methods effective December 1, 2025, and added new positions such as Polaris Newco LLC term loans and Zayo Group Holdings term loans in its latest filings.
DSU: Vulnerable To The Uncertainty Of Interest Rates
Grant of Options & Director DSU
Allworth Financial LP Raises Stock Holdings in BlackRock Debt Strategies Fund, Inc. $DSU
DSU: Preserves Capital, But Distributions Are Likely Not Sustainable
Electric Metals Announces Mutual Termination of Altair Resources Option and Acquisition Agreement, Strategic Partnership Opportunities on Nevada Silver Assets, and Board DSU Grants
DSU Can Be An Opportunistic Strategy During Periods Of Economic Uncertainty
DSU: This Floating-Rate Heavy Fund Is Not Worth The Premium
Modine launches DSU destratification fan, bringing best-in-class airflow solutions to commercial and industrial spaces
Voyageur Pharmaceuticals Announces Changes to Board of Directors and DSU Grant
DSU: Consistent Performer But Questionable Dividend Coverage
DSU: Wait For Discount To NAV Before Buying
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Premium Resources Announces Quarterly Director DSU Grants
Electric Metals Announces DSU and Stock Option Grant
DSU: This Fund Will Have To Cut Its Distribution, But It Might Still Be Attractive
Bunker Hill Announces Agreement to Issue Shares for DSU Settlement
DSU: Rate Cuts Projected, But This CEF Can Still Deliver An Attractive Yield
Premium Nickel Resources Ltd. Announces Director DSU Grant
DSU: A Senior Loan CEF With Solid Performance And Well-Covered Distributions
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