DSU Stock Summary and Trading Ideas (Blackrock Debt Strategies | NYSE:DSU)

BlackRock Debt Strategies Fund, Inc.’s (DSU) (the “Fund”) primary investment objective is to provide current income by investing primarily in a diversified portfolio of US 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. The Fund’s secondary objective is to provide capital appreciation. Corporate loans include senior and subordinated corporate loans, both secured and unsecured. The Fund may invest directly in such securities or synthetically through the use of derivatives.

Blackrock Debt Strategies trades on the NYSE stock market under the symbol DSU.

As of May 13, 2024, DSU stock price climbed to $11.00 with 105,238 million shares trading.

DSU has a beta of 0.45, meaning it tends to be less sensitive to market movements. DSU has a correlation of 0.34 to the broad based SPY ETF.

DSU has a market cap of $512.71 million. This is considered a Small Cap stock.

In the last 3 years, DSU stock traded as high as $12.50 and as low as $8.77.

DSU has underperformed the market in the last year with a return of +25.3%, while the SPY ETF gained +27.8%. In the last 3 month period, DSU fell short of the market, returning +0.3%, while SPY returned +4.3%. However, in the most recent 2 weeks DSU has outperformed the stock market by returning +2.8%, while SPY returned +2.5%.

DSU support price is $10.88 and resistance is $11.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DSU stock will trade within this expected range on the day.