TrueMark Investments LLC Takes $830,000 Position in BlackRock Debt Strategies Fund, Inc. $DSU

TrueMark Investments LLC acquired a new position in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 81,573 shares of the financial services provider’s stock, valued at approximately $830,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DSU. Penserra Capital Management LLC acquired a new position in BlackRock Debt Strategies Fund during the 3rd quarter valued at $6,822,000. NewEdge Wealth LLC acquired a new stake in BlackRock Debt Strategies Fund in the 3rd quarter worth $1,962,000. Guggenheim Capital LLC increased its holdings in shares of BlackRock Debt Strategies Fund by 15.3% during the 2nd quarter. Guggenheim Capital LLC now owns 1,403,471 shares of the financial services provider’s stock worth $14,821,000 after purchasing an additional 186,480 shares during the period. Ausdal Financial Partners Inc. bought a new position in shares of BlackRock Debt Strategies Fund during the 3rd quarter worth about $1,212,000. Finally, PMG Family Office LLC acquired a new position in shares of BlackRock Debt Strategies Fund during the third quarter valued at about $1,133,000. Institutional investors own 24.29% of the company’s stock.

BlackRock Debt Strategies Fund Trading Up 0.1%

NYSE DSU opened at $9.36 on Monday. BlackRock Debt Strategies Fund, Inc. has a twelve month low of $8.72 and a twelve month high of $10.67. The firm has a 50-day simple moving average of $9.95 and a 200 day simple moving average of $10.19.

BlackRock Debt Strategies Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.0987 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a yield of 12.7%.

BlackRock Debt Strategies Fund 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.