BlackRock Credit Strategies Fund is a diversified, closed‑end interval fund with an objective of providing high income and attractive risk‑adjusted returns. It invests at least 80% of assets in fixed‑income securities, with emphasis on public and private corporate credit, including below‑investment grade (“high yield”) bonds. It may use leverage and has a “private credit sleeve” for less liquid corporate borrowers. The fund’s investments span various credit sectors, maturities, and geographies.
News and Notices
BlackRock, Inc.
2019
'40 Act
Interval CEF
USD
Quarterly
Daily
1.00%
December 31
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Tender Offers
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
Notices
Mar 17, 2026
17:37
Ownership, Personnel
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BlackRock HPS Credit Strategies Fund ownership disclosure identified Director Francis C. Mahoney as a reporting owner as of September 8, 2026, with no securities owned.
May 28, 2025
11:30
Compliance
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BlackRock HPS Credit Strategies Fund reported its 2026 annual proxy voting record, identified BlackRock Advisors as one included investment manager, and noted its former name was BlackRock Credit Strategies Fund.
Jul 27, 2025
18:11
Ownership, Personnel
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BlackRock HPS Credit Strategies Fund disclosed that Director Robert Glenn Hubbard reported no securities owned as of July 22, 2026. The disclosure provides investors with his reported beneficial ownership position.
Dec 27, 2023
18:11
Ownership, Personnel
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BlackRock HPS Credit Strategies Fund Director James Phillip Holloman disclosed no securities owned as of July 22, 2026, providing an ownership disclosure rather than reporting a transaction.
Jul 27, 2026
18:10
Ownership, Personnel
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BlackRock HPS Credit Strategies Fund disclosed in an initial ownership report that Director Robert W. Fairbairn owned no securities as of July 22, 2026.
Mar 27, 2026
18:10
Ownership, Personnel
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Director Lorenzo Flores disclosed no ownership of BlackRock HPS Credit Strategies Fund securities as of July 22, 2026, establishing his initial reported ownership position.
Nov 27, 2024
18:09
Ownership, Personnel
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BlackRock HPS Credit Strategies Fund disclosed Director Stayce D. Harris as a reporting owner with no securities owned as of July 22, 2026. The disclosure indicates no reportable ownership position by the Director.
Jun 15, 2024
19:39
Ownership, Personnel
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BlackRock HPS Credit Strategies Fund disclosed that Chief Financial Officer Walker Trent reported no securities owned as of July 10, 2026. The disclosure indicates he had no reportable beneficial ownership on that date.
Aug 10, 2025
16:22
Debt Issuances, Marketing Materials
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BlackRock HPS Credit Strategies Fund amended its revolving credit agreement with Société Générale, providing a $125 million commitment, increasable to $400 million, and $48 million outstanding at June 30, 2026. Covenants may limit additional debt, certain transactions and distributions.
Jan 08, 2024
09:01
Redemptions
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BlackRock HPS Credit Strategies Fund commenced a quarterly offer to repurchase up to 5% of common shares at net asset value, with requests due August 7, 2026. Accepted sellers are paid within seven days after pricing; sales are taxable events.
Preview
BlackRock HPS Credit Strategies Fund
BlackRock, Inc. is responsible for managing BlackRock HPS Credit Strategies Fund.
BlackRock HPS Credit Strategies Fund launched in 2019.
BlackRock HPS Credit Strategies Fund is registered as a '40 Act fund.
BlackRock HPS Credit Strategies Fund is structured as a Interval CEF fund.
You can invest in BlackRock HPS Credit Strategies Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in BlackRock HPS Credit Strategies Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of BlackRock HPS Credit Strategies Fund quarterly, subject to redemption limits and notice requirements.
Shares of BlackRock HPS Credit Strategies Fund can be purchased in USD.
BlackRock HPS Credit Strategies Fund's fiscal year end is December 31.
BlackRock HPS Credit Strategies Fund's net asset value was $530 million and its portfolio had a fair value of $602.8 million as of March 31, 2026.
Among other deal types, BlackRock HPS Credit Strategies Fund primarily makes Debt Investments.
Among other asset classes, BlackRock HPS Credit Strategies Fund primarily invests in Direct Lending.
Among other regions, BlackRock HPS Credit Strategies Fund primarily invests in the USA and Globally.
BlackRock HPS Credit Strategies Fund charges a 1.06% annual management fee, which is calculated based on NAV.
There is no minimum initial investment for CRDJX shares, allowing you to invest any amount.
There is no minimum subsequent investment for CREDX shares, allowing you to invest any amount.
You will be subject to paying an early repurchase/redemption fee of 0%.
BlackRock HPS Credit Strategies Fund's CREDX share class generated an annualized 1-month return of 5.62% and since-inception return of 5.07% as of December 31, 2025.
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