BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Get Free Report) announced a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Tuesday, July 15th will be given a dividend of 0.0987 per share by the financial services provider on Thursday, July 31st. This represents a $1.18 annualized dividend and a dividend yield of 11.15%. The ex-dividend date is Tuesday, July 15th.
BlackRock Debt Strategies Fund Stock Performance
NYSE DSU traded down $0.02 on Thursday, reaching $10.63. 200,768 shares of the company were exchanged, compared to its average volume of 219,547. The business's fifty day moving average price is $10.43 and its 200 day moving average price is $10.50. BlackRock Debt Strategies Fund has a fifty-two week low of $8.72 and a fifty-two week high of $11.19.
Hedge Funds Weigh In On BlackRock Debt Strategies Fund
An institutional investor recently raised its position in BlackRock Debt Strategies Fund stock. NewEdge Advisors LLC boosted its stake in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Free Report) by 7.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 84,379 shares of the financial services provider's stock after buying an additional 5,530 shares during the period. NewEdge Advisors LLC owned approximately 0.15% of BlackRock Debt Strategies Fund worth $881,000 at the end of the most recent quarter. 24.29% of the stock is owned by institutional investors.
BlackRock Debt Strategies Fund Company Profile
(
Get Free Report)
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.
Further Reading
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