BlackRock Limited Duration Income Trust (BLW) Stock

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.