Ausdal Financial Partners Inc. Makes New $1.21 Million Investment in BlackRock Debt Strategies Fund, Inc. $DSU

Ausdal Financial Partners Inc. acquired a new stake in BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 114,101 shares of the financial services provider’s stock, valued at approximately $1,212,000.

Several other large investors have also recently made changes to their positions in the business. Global Retirement Partners LLC boosted its holdings in shares of BlackRock Debt Strategies Fund by 93.7% in the 3rd quarter. Global Retirement Partners LLC now owns 3,724 shares of the financial services provider’s stock worth $40,000 after buying an additional 1,801 shares during the last quarter. MTM Investment Management LLC bought a new position in BlackRock Debt Strategies Fund during the second quarter valued at about $63,000. Ameritas Advisory Services LLC increased its holdings in BlackRock Debt Strategies Fund by 188.8% during the third quarter. Ameritas Advisory Services LLC now owns 9,652 shares of the financial services provider’s stock worth $103,000 after buying an additional 6,310 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in BlackRock Debt Strategies Fund during the second quarter worth about $103,000. Finally, Concurrent Investment Advisors LLC bought a new stake in BlackRock Debt Strategies Fund in the third quarter worth about $163,000. 24.29% of the stock is owned by hedge funds and other institutional investors.

BlackRock Debt Strategies Fund Trading Up 1.6%

DSU opened at $9.76 on Tuesday. BlackRock Debt Strategies Fund, Inc. has a twelve month low of $8.72 and a twelve month high of $10.67. The company’s 50-day moving average price is $10.06 and its two-hundred day moving average price is $10.25.

BlackRock Debt Strategies Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.0987 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Debt Strategies Fund Company 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.