BlackRock Limited Duration Income Trust
BLW
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Charles Choon Sik Park
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 55 East 52nd Street New York City NY United States of America 10055
- IPO Date
- Jul 29, 2003
- CIK
- 0001233681
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock Limited Duration Income Trust (NYSE: BLW) is a diversified, closed-end management investment company sponsored by BlackRock Advisors, LLC. The Fund seeks to provide current income and capital appreciation by investing primarily in three distinct asset classes: intermediate duration, investment grade corporate bonds, mortgage-related securities and asset-backed securities, and U.S. government and agency securities; senior, secured floating rate loans made to corporate and other business entities; and U.S. dollar-denominated securities of U.S. and non-U.S. issuers rated below investment grade, with limited exposure to non-U.S. dollar denominated securities of non-U.S. issuers rated below investment grade or unrated equivalents. It maintains an average portfolio duration of less than five years, including the effects of leverage, and employs leverage at approximately 37% of assets to enhance returns. The Fund targets income-oriented investors through its high-yield monthly distributions, recently declared at $0.1132 per share, with ongoing announcements supporting level monthly payouts that may include income, capital gains, or return of capital; it benchmarks performance against the Bloomberg U.S. Aggregate Index. Headquartered in the United States and formed on July 31, 2003, the Fund operates globally in its fixed income investments, with top holdings including U.S. Treasury securities, TransDigm Inc., Cloud Software Group Inc., and Federal Home Loan Mortgage Corporation debentures. In recent developments, the Fund has sustained consistent monthly distribution declarations through 2025, including announcements on December 12, 2025, for certain BlackRock closed-end funds, signaling portfolio stability amid interest rate environments; it filed a definitive proxy statement (DEF 14A) with the SEC on May 22, 2025, reflecting ongoing governance activities. Portfolio management remains led by Mitchell S. Garfin, David Delbos, Akiva Dickstein, and Scott MacLellan, CFA, CMT, with no major acquisitions, funding rounds, or strategic shifts reported in the last 1-2 years, though leverage and holdings adjustments continue to adapt to market conditions such as U.S. dollar strength and credit opportunities.