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ISIN
US09255R2022
CUSIP
09255R202
Issuer
BlackRock
Inception Date
Nov 6, 1998
Category
Bank Loan
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

DSU Performance Chart

BlackRock Debt Strategies Fund, Inc. (DSU) is up 1.6% since the beginning of the year. DSU is currently trading at $10 per share. Investors who bought $1,000 worth of DSU shares 5 years ago would now be looking at an investment worth $1,393.


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S&P 500 Index

Returns By Period

BlackRock Debt Strategies Fund, Inc. (DSU) has returned 1.58% so far this year and 4.96% over the past 12 months. Over the last ten years, DSU has returned 8.13% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.


BlackRock Debt Strategies Fund, Inc.

1D
0.41%
1M
0.10%
YTD
1.58%
6M
1.58%
1Y
4.96%
3Y*
12.35%
5Y*
6.85%
10Y*
8.13%

Benchmark (S&P 500 Index)

1D
-1.44%
1M
-1.45%
YTD
7.60%
6M
6.59%
1Y
22.24%
3Y*
19.20%
5Y*
11.54%
10Y*
13.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DSU Monthly Returns History

Based on dividend-adjusted daily data since Mar 30, 1998, DSU's average daily return is +0.03%, while the average monthly return is +0.55%. At this rate, an investment would double in approximately 10.5 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +24.4%, while the worst month was Feb 2009 at -32.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DSU closed higher 47% of trading days. The best single day was Oct 13, 2008 with a return of +31.1%, while the worst single day was Mar 18, 2020 at -25.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.27%-2.18%-2.04%5.65%-1.22%0.31%1.58%
20250.83%0.45%-1.51%-0.36%2.61%1.81%1.03%1.42%0.94%-1.79%0.67%-0.21%5.97%
20243.35%0.80%1.06%-2.55%3.55%-0.19%2.40%-0.45%2.57%-1.21%1.48%-0.02%11.13%
20237.42%1.33%-2.75%2.39%-2.13%5.60%4.11%2.01%1.48%-2.84%6.11%4.72%30.34%
2022-4.70%-4.41%-1.13%-2.21%-4.52%-4.26%6.71%0.08%-6.87%2.82%8.17%-5.14%-15.51%
20210.96%2.47%2.90%0.55%2.66%2.50%-2.54%4.52%0.52%2.27%-0.69%1.90%19.36%

Benchmark Metrics

BlackRock Debt Strategies Fund, Inc. has an annualized alpha of 3.12%, beta of 0.50, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since March 30, 1998.

  • This fund participated in 67.82% of S&P 500 Index downside but only 61.13% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.50 may look defensive, but with R2 of 0.19 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.19 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
3.12%
Beta
0.50
0.19
Upside Capture
61.13%
Downside Capture
67.82%

Expense Ratio

DSU has a high expense ratio of 2.47%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

DSU ranks 8 for risk / return — in the bottom 8% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


DSU Risk / Return Rank: 88
Overall Rank
DSU Sharpe Ratio Rank: 88
Sharpe Ratio Rank
DSU Sortino Ratio Rank: 88
Sortino Ratio Rank
DSU Omega Ratio Rank: 88
Omega Ratio Rank
DSU Calmar Ratio Rank: 88
Calmar Ratio Rank
DSU Martin Ratio Rank: 99
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for BlackRock Debt Strategies Fund, Inc. (DSU) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


DSUBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.17

Sortino ratioReturn per unit of downside risk

-1.47

Omega ratioGain probability vs. loss probability

1.12

1.32

-0.21

Calmar ratioReturn relative to maximum drawdown

0.69

2.46

-1.77

Martin ratioReturn relative to average drawdown

2.50

10.92

-8.42

Dividends

Dividend History

BlackRock Debt Strategies Fund, Inc. provided a 12.16% dividend yield over the last twelve months, with an annual payout of $1.18 per share. The fund has been increasing its distributions for 3 consecutive years.


6.00%7.00%8.00%9.00%10.00%11.00%12.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.18$1.18$1.18$1.05$0.70$0.73$0.83$0.83$0.82$0.82$0.75$0.82

Dividend yield

12.16%11.64%11.01%9.70%7.56%6.21%7.96%7.43%8.41%6.98%6.60%8.07%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Debt Strategies Fund, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.10$0.10$0.10$0.10$0.10$0.10$0.59
2025$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$1.18
2024$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$1.18
2023$0.07$0.07$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.10$1.05
2022$0.00$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.07$0.07$0.07$0.70
2021$0.00$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.12$0.73

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Debt Strategies Fund, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock Debt Strategies Fund, Inc. was 72.03%, occurring on Mar 9, 2009. Recovery took 846 trading sessions.

The current BlackRock Debt Strategies Fund, Inc. drawdown is 0.91%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-72.03%Mar 2009
2y 1mo3y 4mo
5y 5moFeb 2007 - Jul 2012
COVID crash2020
-45.36%Mar 2020
27d10mo 3d
11moFeb 2020 - Jan 2021
Dot-com crash2000–2002
-41.18%Jul 2002
4y 3mo11mo 21d
5y 2moApr 1998 - Jul 2003
Bear market2022
-24.23%Jun 2022
5mo 19d1y 5mo
1y 11moDec 2021 - Nov 2023
2004 correction2004
-18.04%May 2004
3mo 19d4mo 28d
8mo 17dJan 2004 - Oct 2004

Drawdown Indicators


DSUBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-72.03%

-56.78%

-15.25%

Max Drawdown (1Y)

Largest decline over 1 year

-7.21%

-9.10%

+1.89%

Max Drawdown (3Y)

Largest decline over 3 years

-14.59%

-18.90%

+4.31%

Max Drawdown (5Y)

Largest decline over 5 years

-24.23%

-25.43%

+1.20%

Max Drawdown (10Y)

Largest decline over 10 years

-45.36%

-33.92%

-11.44%

Current Drawdown

Current decline from peak

-0.91%

-3.21%

+2.30%

Average Drawdown

Average peak-to-trough decline

-11.58%

-10.71%

-0.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

2.04%

-0.05%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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