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DSU: NAV Destruction And Poor Outlook For Debt Securities Is TroublingSeeking Alpha · Aug 21, 2026The BlackRock Debt Strategies Fund, Inc. is a closed-end mutual fund, established by BlackRock, Inc., that focuses on fixed-income investments. Managed by BlackRock Advisors, LLC, the fund primarily allocates capital within U.S. fixed income markets. Its core strategy involves building a diverse portfolio of corporate debt instruments, including corporate loans.