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BlackRock Debt Strategies Fund (DSU)

Taxable Bond Funds - High Yield Bond Funds

Data as of Sept. 29, 2023
Market Price $10.27 (- $0.01)
NAV (Sept. 29, 2023) $10.76 (+ $0.01)
Fund Listed NYSE
Premium / Discount -4.55% (-0.18%)
Fund Info
Inception March 27, 1998
Sponsor BlackRock Advisors
Phone 1-800-882-0052
Location Delaware
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date N/A
Objective: Current income; US companies debt instruments
Related Indexes
15 Major CEF Sectors Index
High Yield Bond Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
US Bond Index
Capital & Leverage
Outstanding Shares 46,610,312
Total Assets (Reported: June 30, 2023) $644M
Estimated Total Assets $644M
Net Assets $502M
Market Cap $479M
Portfolio Turnover 16.00%
Total Leverage 22.09%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.35%
Non Lev Exp Ratio 0.79%
Rel Lev Cost 5.48%
Discount Data
Average Discount (3 Yr) -7.38%
Discount Low(3 Yr) -14.78%
Discount High(3 Yr) 4.57%
Discount Rel Range (3 Yr) 52.86%
Comp Discount 4.94
Discount St Dev (1Yr) 2.10
Z-Stat (6mo) 1.81
Z-Stat (1Yr) 2.21
Z-Stat (3Yr) 0.70
Comp Z-Stat (6mo) 2.55
Comp Z-Stat (3Yr) 1.44
Distribution Data
Market Yield 10.64%
Income Yield 10.64%
Lev Adj NAV Yield 8.32%
Distribution Frequency M
Current Distribution $0.091
Current Income $0.091
Ex-Date 9/14/23
Payable Date 9/29/23
Div Growth (3yr) 28.06%
Dividend Change 4.9% on 6/1/23
Expected Div 10/2/23
RoC (1yr) 4.16%
RoC (3yr) 9.35%
Tax Dividend Data 2022 2020 - 2022
Income 97.6% 85.6%
ST Gains 0% 0%
QDI 0.6% 0.8%
LT Gains 0% 0%
RoC 2.4% 14.4%
Volume & Liquidity
Average Daily $ (K) $1,395
Avg Volume 30 day 127,812
Avg Volume 90 day 135,851
Volume Trend -5.92%
Comp Volume Trend -5.93%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Bond Index
Most Correlated Peer (Mk Pr): EAD 89.0%
NAV - Price Correlation (30 d) 53.1%
NAV - Price Correlation (90 d) 69.2%
NAV - Price Correlation (1 Yr) 90.5%
Price St Dev (1Yr) 11.8%
NAV St Dev (1Yr) 3.8%
Earnings / Share (8/31/23) $0.085
Earn Coverage 92.81%
Earnings Trend Up
UNII / Share (8/31/23) $-0.034
Rel UNII -3.14
UNII Trend Down
Bond Specific Data
Maturity 5.35
Duration 0.75
Credit Rating (rbo) B
Investment Grade 3.71%
Non Investment Grade 94.19%
Unrated Bonds 2.09%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Bond Index

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NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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