Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
29 July 2003Website:
http://www.blackrock.comNext earnings report:
N/ALast dividends:
15 November 2024Next dividends:
N/APrice
regular market | 19 min agoAnalysts recommendations
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BLW is a leveraged high-yield bond and loan CEF. It focuses on low-duration securities, with a duration of just 1.9 years. It sports a strong 9.6% distribution yield, and has significantly outperformed these past few years.
The BlackRock Limited Duration Income fund offers a decent 9.53% yield, although it is lower than other funds with similar assets. Its performance has been varied, falling short of the Bloomberg U.S. Aggregate Bond Index in 2022 but outperforming it so far this year. The fund uses leverage to increase its yield, but its leverage level is higher than some competitors and its expenses are relatively high.
The BlackRock Limited Duration Income Trust specializes in providing investors with a high level of current income from low-duration securities. The fund has outperformed the Bloomberg Aggregate Bond Index over the past three years, delivering a gain of 13.41% compared to a loss of 10.48% for the index. The fund's distribution of $0.1079 per share results in a current yield of 9.23%, which is higher than some of BlackRock's other fixed-income closed-end funds.
BlackRock Limited Duration Income Trust has significantly outperformed bond and high-yield bond benchmarks. BLW has a strong distribution yield of 10.4% and a moderate discount to NAV of 5.7%. The fund has low interest rate risk and remains a strong investment opportunity.
BlackRock Limited Duration Income Trust (BLW) has silently outperformed other fixed-income instruments, with a total return of over 10% in a year of rising rates. The fund's outperformance is attributed to its collateral composition, which contains over 40% floating rate loans. BLW has recently increased its dividend, but this move may have an adverse effect on the fund's NAV in the long term since the vehicle utilizes ROC.
What type of business is BlackRock Limited Duration Income Trust?
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.
What sector is BlackRock Limited Duration Income Trust in?
BlackRock Limited Duration Income Trust is in the Financial Services sector
What industry is BlackRock Limited Duration Income Trust in?
BlackRock Limited Duration Income Trust is in the Asset Management industry
What country is BlackRock Limited Duration Income Trust from?
BlackRock Limited Duration Income Trust is headquartered in United States
When did BlackRock Limited Duration Income Trust go public?
BlackRock Limited Duration Income Trust initial public offering (IPO) was on 29 July 2003
What is BlackRock Limited Duration Income Trust website?
https://www.blackrock.com/investing/products/240191/blackrock-limited-duration-income-trust-usd-fund
Is BlackRock Limited Duration Income Trust in the S&P 500?
No, BlackRock Limited Duration Income Trust is not included in the S&P 500 index
Is BlackRock Limited Duration Income Trust in the NASDAQ 100?
No, BlackRock Limited Duration Income Trust is not included in the NASDAQ 100 index
Is BlackRock Limited Duration Income Trust in the Dow Jones?
No, BlackRock Limited Duration Income Trust is not included in the Dow Jones index
When was BlackRock Limited Duration Income Trust the previous earnings report?
No data
When does BlackRock Limited Duration Income Trust earnings report?
Next earnings report date is not announced yet