BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.07 and traded as low as $9.84. BlackRock Debt Strategies Fund shares last traded at $9.8750, with a volume of 303,170 shares traded.
BlackRock Debt Strategies Fund Stock Performance
The firm has a 50-day moving average of $9.78 and a 200-day moving average of $10.07.
BlackRock Debt Strategies Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.0987 per share. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 12.0%.
Hedge Funds Weigh In On BlackRock Debt Strategies Fund
Several institutional investors have recently added to or reduced their stakes in DSU. Penserra Capital Management LLC purchased a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at approximately $6,822,000. Greenup Street Wealth Management LLC purchased a new position in BlackRock Debt Strategies Fund during the 4th quarter valued at approximately $2,770,000. NewEdge Wealth LLC purchased a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at approximately $1,962,000. Ausdal Financial Partners Inc. purchased a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at approximately $1,212,000. Finally, PMG Family Office LLC purchased a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at approximately $1,133,000. Hedge funds and other institutional investors own 24.29% of the company's stock.
About BlackRock Debt Strategies Fund
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider BlackRock Debt Strategies Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock Debt Strategies Fund wasn't on the list.
While BlackRock Debt Strategies Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
