Business Description
Launched in 2003 and based in the United States, BlackRock Limited Duration Income Trust is a closed-end fund operated by BlackRock Advisors LLC that focuses on U.S. fixed income securities, including corporate bonds, mortgage-related products, asset-backed securities, government bonds, and floating rate loans. The fund keeps its average portfolio duration under five years, making it a more conservative option for income-seeking investors. Its performance is measured against the U.S. Aggregate Index.
