BlackRock Debt Strategies Fund : Section 19 Notice - DSU October 2022
October 31, 2022 at 04:30 am EDT
Share
BlackRock Debt Strategies Fund, Inc.
Cusip: 09255R202
Ticker: DSU
Record Date
October 14, 2022
Pay Date
October 31, 2022
Distribution Amount per share
$
0.070500
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net income, net realized capital gains and return of capital. All amounts are expressed per common share.
% Breakdown of the
% Breakdown
Total Cumulative
Total Cumulative
of the Current
Distributions for the Fiscal
Distributions for the
Current Distribution
Distribution
Year to Date
Fiscal Year to Date
Net Income
$
0.064173
91%
$
0.536859
97%
Net Realized Short-Term Capital Gains
$
-
0%
$
-
0%
Net Realized Long-Term Capital Gains
$
-
0%
$
-
0%
Return of Capital
$
0.006327
9%
$
0.017641
3%
Total (per common share)
$
0.070500
100%
$
0.554500
100%
Average annual total return (in relation to NAV) for the 5-year period ending on September 30, 2022
3.05%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2022
8.29%
Cumulative total return (in relation to NAV) for the fiscal year through September 30, 2022
-7.21%
Cumulative fiscal year distributions as a percentage of NAV as of September 30, 2022
4.74%
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Funds Managed Distribution Plan.
The Fund estimates that it has distributed more than its net income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
When distributions exceed total return performance, the difference will reduce the Fund's net asset value per share.
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during
its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Contact Number: 800-882-0052
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Disclaimer
BlackRock Debt Strategies Fund Inc. published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 08:29:02 UTC.
BlackRock Debt Strategies Fund, Inc. (the Fund) is a closed-end management investment company. The Fund's primary investment objective is to seek to provide current income by investing primarily in a diversified portfolio of the United States companies debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services or unrated debt instruments. The Fund's secondary investment objective is to provide capital appreciation. Under normal market conditions, at least 80% of the Fund's total assets will be invested in debt instruments. The Fund may invest directly in debt instruments or synthetically using derivatives. The Fund has no restrictions on portfolio maturity or duration of the debt securities in which it may invest. Up to 20% of the Fund's total assets may be invested in distressed securities, which includes debt securities and corporate loans. Investment manager of the Fund is BlackRock Advisors, LLC.
BLACKROCK DEBT STRATEGIES FUND, INC. 
