Guggenheim Capital LLC Boosts Stock Holdings in BlackRock Debt Strategies Fund, Inc. $DSU

Guggenheim Capital LLC lifted its holdings in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) by 15.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,403,471 shares of the financial services provider’s stock after purchasing an additional 186,480 shares during the period. Guggenheim Capital LLC’s holdings in BlackRock Debt Strategies Fund were worth $14,821,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of DSU. Invesco Ltd. raised its stake in BlackRock Debt Strategies Fund by 0.7% in the second quarter. Invesco Ltd. now owns 655,619 shares of the financial services provider’s stock worth $6,923,000 after buying an additional 4,353 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in shares of BlackRock Debt Strategies Fund by 9.5% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 16,472 shares of the financial services provider’s stock valued at $174,000 after acquiring an additional 1,430 shares during the period. MTM Investment Management LLC bought a new position in shares of BlackRock Debt Strategies Fund in the 2nd quarter worth $63,000. Allworth Financial LP raised its position in shares of BlackRock Debt Strategies Fund by 67.7% in the 2nd quarter. Allworth Financial LP now owns 19,820 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 8,000 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in BlackRock Debt Strategies Fund by 11.3% during the second quarter. Envestnet Asset Management Inc. now owns 66,879 shares of the financial services provider’s stock valued at $706,000 after purchasing an additional 6,804 shares in the last quarter. 24.29% of the stock is owned by hedge funds and other institutional investors.

BlackRock Debt Strategies Fund Trading Down 0.3%

DSU opened at $10.28 on Friday. The business’s 50-day moving average is $10.32 and its two-hundred day moving average is $10.46. BlackRock Debt Strategies Fund, Inc. has a 1 year low of $8.72 and a 1 year high of $10.93.

BlackRock Debt Strategies Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were paid a dividend of $0.0987 per share. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date was Friday, November 14th.

BlackRock Debt Strategies Fund Company Profile

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.