BlackRock Debt Strategies Fund
Sponsor: BlackRock · Inception Mar 30, 1998 · Pays monthly
Market priceShare price
$8.65
-0.23% ($-0.02)
NAVAsset value per share
$9.36
as of Oct 14, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
7.59% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
13.70%
regular, annualised · on NAV 12.66%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:40 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 25, 2026. 1,305 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Loans | 70.67% | $530M |
| Equity (common) | 7.25% | $54.4M |
| Debt | 20.17% | $151M |
| Short-term investment vehicle | 1.08% | $8.1M |
| CDO/CLO | 0.74% | $5.6M |
| Equity (preferred) | 0.07% | $520K |
| Derivative (interest rate) | 0.01% | $59K |
| Derivative (credit) | 0.01% | $41.6K |
| Derivative (FX) | 0.01% | $37.9K |
| Derivative (equity) | 0.00% | $785 |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 90.13% | $676M |
| Canada | 3.07% | $23M |
| Luxembourg | 1.82% | $13.6M |
| Cayman Islands | 0.93% | $6.9M |
| Netherlands | 0.74% | $5.6M |
| Jersey | 0.62% | $4.7M |
| Bermuda | 0.45% | $3.4M |
| United Kingdom | 0.44% | $3.3M |
| Australia | 0.41% | $3.1M |
| XX | 0.37% | $2.8M |
| France | 0.36% | $2.7M |
| Ireland | 0.14% | $1M |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 90.13% | $676M |
| Developed Europe | 4.48% | $33.6M |
| Canada | 3.07% | $23M |
| Offshore domiciles | 1.38% | $10.3M |
| Other | 0.42% | $3.1M |
| Australia & New Zealand | 0.41% | $3.1M |
| Japan | 0.07% | $536K |
| Asia ex-Japan | 0.05% | $340K |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 91.12% | $684M |
| Registered fund | 8.16% | $61.2M |
| Other | 0.72% | $5.4M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 90.35% | $678M |
| Level 1 | 8.14% | $61.1M |
| Level 3 | 1.50% | $11.3M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 99.98% | $750M |
| N/A | 0.02% | $139K |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 1,305 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| TRANSMONTAIGNE PARTNERS | 89377AAA3 | Debt | CORP | United States | 15,000 | principal | $15.3K | 0.00% | 2 |
| DORMAN PRODUCTS INC | 258278AA8 | Debt | CORP | United States | 15,000 | principal | $15.2K | 0.00% | 2 |
| DIRECTV FIN LLC/COINC | 25461LAA0 | Debt | CORP | United States | 15,000 | principal | $15K | 0.00% | 2 |
| BAIN CAPITAL SPECIALTY F | 05684BAD9 | Debt | CORP | United States | 15,000 | principal | $14.6K | 0.00% | 2 |
| LAMAR MEDIA CORP | 513075BT7 | Debt | CORP | United States | 15,000 | principal | $14.3K | 0.00% | 2 |
| ENERFLEX INC | 29281WAA6 | Debt | CORP | United States | 14,000 | principal | $14.3K | 0.00% | 2 |
| CCO HLDGS LLC/CAP CORP | 1248EPCS0 | Debt | CORP | United States | 14,000 | principal | $14K | 0.00% | 2 |
| GrafTech Finance Inc | — | Loan | CORP | United States | 14,490 | principal | $13.8K | 0.00% | 2 |
| COREWEAVE INC | 21873SAC2 | Debt | CORP | United States | 14,000 | principal | $13.8K | 0.00% | 2 |
| ROCKIES EXPRESS PIPELINE | 77340RAR8 | Debt | CORP | United States | 14,000 | principal | $13.8K | 0.00% | 2 |
| NCL CORPORATION LTD | 62886HBY6 | Debt | CORP | Bermuda | 14,000 | principal | $13.6K | 0.00% | 2 |
| NOBLE FINANCE II LLC | 65505PAA5 | Debt | CORP | United States | 13,000 | principal | $13.5K | 0.00% | 2 |
| EMPIRE COMMUNITIES CORP | 29163VAG8 | Debt | CORP | Canada | 13,000 | principal | $13.4K | 0.00% | 2 |
| NCL CORPORATION LTD | 62886HBR1 | Debt | CORP | Bermuda | 13,000 | principal | $13K | 0.00% | 2 |
| LIGHT & WONDER INTL INC | 531968AB1 | Debt | CORP | United States | 13,000 | principal | $12.9K | 0.00% | 2 |
| ONEMAIN FINANCE CORP | 682691AF7 | Debt | CORP | United States | 12,000 | principal | $12.4K | 0.00% | 2 |
| DAVITA INC | 23918KAY4 | Debt | CORP | United States | 12,000 | principal | $12.4K | 0.00% | 2 |
| CROCS INC | 227046AB5 | Debt | CORP | United States | 13,000 | principal | $12.1K | 0.00% | 2 |
| DANA INC | 235825AH9 | Debt | CORP | United States | 11,000 | principal | $11K | 0.00% | 2 |
| CELANESE US HOLDINGS LLC | 15089QBC7 | Debt | CORP | United States | 10,000 | principal | $10.3K | 0.00% | 2 |
| FREEDOM MORTGAGE HOLD | 35641AAD0 | Debt | CORP | United States | 10,000 | principal | $9.8K | 0.00% | 2 |
| STARWOOD PROPERTY TRUST | 85571BBB0 | Debt | OTHER | United States | 8,000 | principal | $8.3K | 0.00% | 2 |
| DAVITA INC | 23918KAW8 | Debt | CORP | United States | 8,000 | principal | $8.3K | 0.00% | 2 |
| ROCKETMTGE CO-ISSUER INC | 77313LAB9 | Debt | CORP | United States | 9,000 | principal | $8.1K | 0.00% | 2 |
| CCO HLDGS LLC/CAP CORP | 1248EPCN1 | Debt | CORP | United States | 9,000 | principal | $7.9K | 0.00% | 2 |
| CLEARWAY ENERGY OP LLC | 18539UAC9 | Debt | CORP | United States | 8,000 | principal | $7.9K | 0.00% | 2 |
| PATTERN ENERGY OP LP/PAT | 70339PAA7 | Debt | CORP | United States | 8,000 | principal | $7.8K | 0.00% | 2 |
| GFL ENVIRONMENTAL INC | 36168QAL8 | Debt | CORP | Canada | 8,000 | principal | $7.8K | 0.00% | 2 |
| EyeCare Partners LLC | 30233PAR1 | Loan | CORP | United States | 47,718 | principal | $7.8K | 0.00% | 2 |
| LEARFIELD COMMUNICATIONS LLCrestricted | — | Equity | CORP | United States | 2,526 | shares | $7.6K | 0.00% | 2 |
| CLEAN HARBORS INC | 184496AQ0 | Debt | CORP | United States | 7,000 | principal | $7.1K | 0.00% | 2 |
| KINETIK HOLDINGS LP | 49461MAA8 | Debt | CORP | United States | 6,000 | principal | $6K | 0.00% | 2 |
| HILCORP ENERGY I/HILCORP | 431318AY0 | Debt | CORP | United States | 5,000 | principal | $4.9K | 0.00% | 2 |
| SCOTTS MIRACLE-GRO CO | 810186AS5 | Debt | CORP | United States | 5,000 | principal | $4.9K | 0.00% | 2 |
| HILCORP ENERGY I/HILCORP | 431318AZ7 | Debt | CORP | United States | 5,000 | principal | $4.8K | 0.00% | 2 |
| BUCKEYE PARTNERS LP | 118230AV3 | Debt | CORP | United States | 4,000 | principal | $4.1K | 0.00% | 2 |
| Wells Fargo Bank NA | — | FX deriv. | OTHER | United States | 1 | contracts | $3.5K | 0.00% | 2 |
| STARWOOD PROPERTY TRUST | 85571BBD6 | Debt | OTHER | United States | 3,000 | principal | $3.1K | 0.00% | 2 |
| HILCORP ENERGY I/HILCORP | 431318AS3 | Debt | CORP | United States | 3,000 | principal | $3K | 0.00% | 2 |
| COMSTOCK RESOURCES INC | 205768AT1 | Debt | CORP | United States | 2,000 | principal | $1.9K | 0.00% | 2 |
| SERVICE CORP INTL | 817565CF9 | Debt | CORP | United States | 2,000 | principal | $1.9K | 0.00% | 2 |
| CCO HLDGS LLC/CAP CORP | 1248EPCL5 | Debt | CORP | United States | 2,000 | principal | $1.7K | 0.00% | 2 |
| SIRVA BGRS HOLDINGS INC | — | Equity | CORP | United States | 1,661 | shares | $1.4K | 0.00% | 2 |
| LABELS BUYER LLC | 504917113 | Equity deriv. | OTHER | United States | 314 | shares | $785 | 0.00% | 2 |
| Venture Holdings | 92326YAH2 | Debt | CORP | United States | 5,150,000 | principal | $1 | 0.00% | 3 |
| Maxeon Solar Technologies Ltd | SGXZ57724486 | Equity | CORP | Singapore | 2 | shares | $1 | 0.00% | 1 |
| NM HOLDINGS CO LLC | 92326YAD1 | Debt | CORP | United States | 5,125,000 | principal | $1 | 0.00% | 3 |
| TEXAS COMPETITIVE ELECTRIC HOL | — | Loan | CORP | United States | 2,375,000 | principal | $0 | 0.00% | 3 |
| ADELPHIA COMMUNICATIONS CORP | 006ESCAR8 | Debt | CORP | United States | 400,000 | principal | $0 | 0.00% | 3 |
| AMERIFORGE GROUP INC COMMON STOCK | — | Equity | CORP | United States | 1,664 | shares | $0 | 0.00% | 3 |
| SERVICE KING (CARNELIAN POINT) | — | Equity deriv. | OTHER | United States | 2,435 | shares | $0 | 0.00% | 2 |
| TMK Hawk Parent Corp | 87258WAW5 | Loan | CORP | United States | 69,788 | principal | $0 | 0.00% | 3 |
| TURBO CAYMAN LIMITED WARRANTS EQUITY WARRANT EXP | — | Equity deriv. | OTHER | Cayman Islands | 1 | shares | $0 | 0.00% | 3 |
| Chicago Board of Trade | — | Rate deriv. | OTHER | United States | -35 | contracts | $-48.6K | -0.01% | 1 |
| Chicago Board of Trade | — | Rate deriv. | OTHER | United States | -18 | contracts | $-48.4K | -0.01% | 1 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 25, 2026 | 1,305 | 100.0% | $750M | full |
| Mar 31, 2026 | May 28, 2026 | 1,286 | 100.0% | $735M | full |
| Dec 31, 2025 | Feb 24, 2026 | 1,284 | 100.0% | $753M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for BlackRock Debt Strategies Fund, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.