Closed-end management investment company investing in a diversified portfolio of fixed-income securities with a limited duration.
BlackRock Limited Duration Income Trust operates as a closed-end fixed income mutual fund managed by BlackRock Advisors, LLC, a renowned investment management firm. Launched on July 31, 2003, the fund specializes in investing in a diversified range of fixed income securities within the United States market. Its investment strategy focuses on maintaining a portfolio with an average duration of less than five years, aiming to balance income generation with risk management for its investors.
The fund's portfolio composition includes investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior secured floating rate loans. By diversifying across these sectors and asset classes, BlackRock Limited Duration Income Trust seeks to optimize yield while mitigating interest rate risk. The fund benchmarks its performance against the Lehman Brothers U.S. Aggregate Index, a widely recognized index tracking the performance of the broader U.S. fixed income market.
Operating under the regulatory framework governing closed-end funds, BlackRock Limited Duration Income Trust adheres to rigorous investment criteria and risk management practices. This disciplined approach, coupled with BlackRock's extensive research capabilities and market insights, positions the fund to deliver competitive returns and preserve capital over the medium term. As an integral part of BlackRock's investment offerings, the Limited Duration Income Trust continues to attract investors seeking stable income and prudent exposure to the U.S. fixed income markets.