BlackRock Debt Strategies Fund (DSU) : Aegon Usa Investment Management reduced its stake in BlackRock Debt Strategies Fund by 22.74% during the most recent quarter end. The investment management company now holds a total of 930,350 shares of BlackRock Debt Strategies Fund which is valued at $3,256,225 after selling 273,854 shares in BlackRock Debt Strategies Fund , the firm said in a disclosure report filed with the SEC on Apr 19, 2016.BlackRock Debt Strategies Fund makes up approximately 1.14% of Aegon Usa Investment Management’s portfolio.
BlackRock Debt Strategies Fund closed down -0.01 points or -0.28% at $3.5 with 1,89,917 shares getting traded on Friday. Post opening the session at $3.5, the shares hit an intraday low of $3.5 and an intraday high of $3.5101 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Prospera Financial Services Inc reduced its stake in DSU by selling 14,466 shares or 45.16% in the most recent quarter. The Hedge Fund company now holds 17,568 shares of DSU which is valued at $61,137. BlackRock Debt Strategies Fund makes up approx 0.01% of Prospera Financial Services Inc’s portfolio.Edge Wealth Management boosted its stake in DSU in the latest quarter, The investment management firm added 14,373 additional shares and now holds a total of 115,682 shares of BlackRock Debt Strategies Fund which is valued at $403,730. BlackRock Debt Strategies Fund makes up approx 0.18% of Edge Wealth Management’s portfolio.
BlackRock Debt Strategies Fund Inc. is a diversified closed-end management investment company. The Fund’s primary investment objective is to provide current income by investing primarily in a diversified portfolio of United States 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. The Fund’s secondary objective is to provide capital appreciation. Corporate loans include senior and subordinated corporate loans both secured and unsecured. The Fund invests directly in such securities or synthetically through the use of derivatives. It invests in various industries including chemicals paper automotive financial services healthcare leisure manufacturing telecommunications transportation infrastructure and utilities among others. BlackRock Advisors LLC is the investment advisor of the Fund.