I am downgrading BlackRock Debt Strategies Fund to a 'Sell' as worsening debt markets and unsustainable payouts erode its value proposition. DSU trades at a small premium to NAV, but its 12.1% yield is unsupported by earnings, risking a significant dividend cut by 2027. With 86% of assets below investment grade and 15.7% leverage, the fund faces heightened default and NAV erosion risks if rates rise.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 4,104 | $40,515.36 | $39,377.88 | -$1,137.48 | -2.81% |
Jeff Ameen Spire Wealth Management | 1,758 | $16,859.22 | $17,087.76 | $228.54 | 1.36% |
Kimberly Cappellano Private Wealth Asset Management LLC | 300 | $3,186 | $2,875.5 | -$310.5 | -9.75% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 4,242 | $42,511.56 | $40,680.78 | -$1,830.78 | -4.31% |
| SS Seth Scher Matrix Private Capital Group LLC | 10,000 | $95,900 | $95,900 | - | - |