BlackRock Limited Duration Income Trust·Financial Services
BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans. It has an average portfolio duration of less than five years. The fund benchmarks the performance of its portfolio against the Lehman Brothers U.S. Aggregate Index. BlackRock Limited Duration Income Trust was formed on July 31, 2003 and is domiciled in the United States.
Financial Services
Asset Management - Income
0
2003-07-29
0.62

BlackRock Limited Duration Income Trust (NYSE: BLW - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $13.71 and traded as low as $12.18. BlackRock Limited Duration Income Trust shares last traded at $12.5070, with a volume

BlackRock Limited Duration Income Trust is downgraded to Hold as it now trades near fair value with a diminished discount to NAV. BLW's 10% yield is attractive, but dividend coverage remains poor, with payouts exceeding net investment income and risking future cuts. The fund's aggressive 35% leverage and heavy fixed income allocation make it sensitive to elevated interest rates, limiting near-term growth.