BlackRock declares monthly distribution on Funds
- BySeeking Alpha
- •
BlackRock Limited Duration Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income and capital appreciation. The Fund seeks to achieve its objective by investing primarily in three distinct asset classes, such as intermediate duration, investment grade corporate bonds, mortgage related securities and asset-backed securities and the United States government and agency securities; senior, secured floating rate loans made to corporate and other business entities, and the United States dollar-denominated securities of the United States and non-United States issuers rated below investment grade and, to a limited extent, non-United States dollar denominated securities of non-United States issuers rated below investment grade or unrated and deemed by the investment adviser to be of comparable quality. The Fund's investment advisor is BlackRock Advisors, LLC.