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Private Credit

BlackRock HPS Credit Strategies Fund

Formation2018
CategoryInterval Fund
Net Assets

$588.0M

NAV YoY

+3%

Deeper Analysis

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Reported as of September 2025

Principal Portfolio Holdings

HoldingValueAllocation
CSC Holdings LLC - CSC Holdings LLC 2022 Term Loan B6
$9.9M1.69%
DIVERSIFIED HEALTHCARE T - Diversified Healthcare Trust
$9.7M1.64%
Magenta Security Holdings LLC - Magenta Security Holdings LLC 2024 Super Priority Term Loan
$9.5M1.62%
Proprietary Exposure
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Proprietary Exposure
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About This Fund

The BlackRock Credit Strategies Fund is a '40 Act registered diversified closed-end management investment company operating as an "interval fund" managed by BlackRock Advisors. It invests at least 80% of managed assets in fixed-income securities, emphasizing public and private corporate credit across multiple sectors including high-yield securities, investment grade corporate bonds, and collateralized loan obligations. The fund allocates approximately 30-50% to a Private Credit Sleeve for illiquid investments and offers quarterly repurchase opportunities between 5-25% of outstanding shares.