Edgar Filing: BLACKROCK Ltd DURATION INCOME TRUST

BlackRock Limited Duration Income Trust

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-21349

Name of Fund: BlackRock Limited Duration Income Trust (BLW)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Limited Duration Income Trust, 55 East 52^nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 08/31/2019

Date of reporting period: 11/30/2018

Item 1 – Schedule of Investments

Schedule of Investments (unaudited)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Shares		Value

Common Stocks — 0.2%

Chemicals — 0.0%
LyondellBasell Industries NV, Class A			37	$	3,452


Diversified Financial Services — 0.1%
Kcad Holdings I Ltd.^(a)(b)			546,753,936		924,014


Health Care Management Services — 0.0%
New Millennium HoldCo, Inc.^(b)			8,511		528


Hotels, Restaurants & Leisure — 0.0%
Caesars Entertainment Corp.^(b)			8,330		70,972


Household Durables — 0.0%
Berkline Benchcraft Equity LLC^(a)			3,155		—


Metals & Mining — 0.0%
Ameriforge Group, Inc.			801		47,259


Software — 0.0%
Avaya Holdings Corp.^(b)			18		280


Utilities — 0.1%
Texgen LLC^(a)			7,331		300,571


Total Common Stocks — 0.2% (Cost — $6,481,691)					1,347,076


		Par (000)

Asset-Backed Securities — 8.5%

Asset-Backed Securities — 8.5%
AIMCO CLO, Series 2014-AA, Class DR, (3 mo. LIBOR US + 3.25%), 5.72%, 07/20/26^(c)(d)	USD		250		250,104
Allegro CLO II-S Ltd., Series 2014-1RA, Class C, 5.15%, 10/21/28^(c)(e)			1,000		999,975
ALM VI Ltd., Series 2012-6A, Class BR3, 4.19%, 07/15/26^(c)(e)			1,000		989,278
ALM XII Ltd., Series 2015-12A, Class C1R2, 5.09%, 04/16/27^(c)(e)			1,000		992,410
ALM XVI Ltd./ALM XVI LLC, Series 2015-16A, Class CR2, 5.14%, 07/15/27^(c)(e)			270		265,495
AmeriCredit Automobile Receivables, Series 2014-3, Class C, 2.58%, 09/08/20			1,002		1,000,962
AMMC CLO Ltd., Series 2014-15A, Class D, (3 mo. LIBOR US + 4.20%), 6.53%, 12/09/26^(c)(d)			2,000		2,012,701
Anchorage Capital CLO Ltd.^(c):
Series 2014-3RA, Class E, 8.01%, 01/28/31^(e)			850		836,898
Series 2014-4RA, Class D, 5.11%, 01/28/31^(e)			250		245,656
Series 2014-5RA, Class E, 7.84%, 01/15/30^(e)			860		864,177


Security		Par (000)		Value

Asset-Backed Securities (continued)
Anchorage Capital CLO Ltd.^(c) (continued):
Series 2015-7A, Class DR, 5.14%, 10/15/27^(e)	USD		1,000	$	998,562
Series 2016-8A, Class ER, 8.26%, 07/28/28^(e)			1,000		980,588
Series 2016-9A, Class D, (3 mo. LIBOR US + 4.00%), 6.44%, 01/15/29^(d)			350		352,375
Ares XL CLO Ltd., Series 2016-40A, Class D, (3 mo. LIBOR US + 6.60%), 9.04%, 10/15/27^(c)(d)			500		500,013
Battalion CLO XI Ltd., Series 2017-11A, Class E, 8.47%, 10/24/29^(c)(e)			325		325,895
Benefit Street Partners CLO XII Ltd., Series 2017-12A, Class D, 8.85%, 10/15/30^(c)(e)			500		503,957
Carlyle Global Market Strategies CLO Ltd., Series 2015-1A, Class CR, (3 mo. LIBOR US + 2.00%), 4.47%, 04/20/27^(c)(d)			600		600,568
Credit Suisse ABS Repackaging Trust, Series 2013-A, Class B, 2.50%, 01/25/30^(c)			515		475,465
DCP Rights LLC, Series 2014-1A, Class A, 5.46%, 10/25/44^(c)			3,036		3,032,083
Dryden 64 CLO Ltd., Series 2018-64A, Class D, 5.09%, 04/18/31^(c)(e)			250		247,715
Galaxy CLO Ltd., Series 2015-21A, 7.72%, 04/20/31^(c)(e)			500		457,701
Highbridge Loan Management Ltd., Series 5A-2015, Class ERR, 8.43%, 10/15/30^(c)(e)			450		429,676
Litigation Fee Residual Funding, 4.00%, 10/30/27^(a)			1,221		1,215,329
Madison Park Funding X Ltd., Series 2012-10A, Class ER, (3 mo. LIBOR US + 7.62%), 10.09%, 01/20/29^(c)(d)			500		505,562
Madison Park Funding XI Ltd., Series 2013-11A, Class ER, 8.93%, 07/23/29^(c)(e)			250		250,032
Madison Park Funding XIII Ltd., Series 2014-13A, Class ER, 8.20%, 04/19/30^(c)(e)			1,250		1,211,947
Madison Park Funding XV Ltd., Series 2014-15A, Class B1R, (3 mo. LIBOR US + 2.20%), 4.71%, 01/27/26^(c)(d)			1,500		1,502,089
Neuberger Berman CLO XX Ltd., Series 2015-20A, Class ER, 7.44%, 01/15/28^(c)(e)			1,250		1,203,706
Oaktree CLO Ltd., Series 2015-1A, Class DR, 7.67%, 10/20/27^(c)(e)			500		486,514


			1

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Asset-Backed Securities (continued)
Octagon Investment Partners LLC, Series 2017-1A, Class E, (3 mo. LIBOR US + 6.30%), 8.77%, 07/20/30^(c)(d)	USD		500	$	504,205
OneMain Financial Issuance Trust, Series 2015-2A, Class C, 4.32%, 07/18/25^(c)			4,000		4,003,866
OZLM VIII Ltd., Series 2014-8A^(c)(e):
Class BRR, 4.66%, 10/17/29			2,500		2,500,000
Class CRR, 5.61%, 10/17/29			500		500,000
OZLM XIX Ltd., Series 2017-19A, Class D, 9.04%, 11/22/30^(c)(e)			500		506,047
OZLM XV Ltd., Series 2016-15A, Class C, (3 mo. LIBOR US + 4.00%), 6.47%, 01/20/29^(c)(d)			1,000		1,005,932
OZLM XXI, Series 2017-21A, Class D, 8.01%, 01/20/31^(c)(e)			250		234,393
Park Avenue Institutional Advisers CLO Ltd., Series 2017-1A, Class D, 8.83%, 11/14/29^(c)(e)			1,750		1,760,554
Rockford Tower CLO Ltd.^(c)(d):
Series 2017-1A, Class D, (3 mo. LIBOR US + 3.25%), 5.69%, 04/15/29			250		250,889
Series 2017-2A, Class D, (3 mo. LIBOR US + 3.45%), 5.89%, 10/15/29			500		503,114
Santander Drive Auto Receivables Trust, Class D:
Series 2014-3, 2.65%, 08/17/20			1,813		1,812,516
Series 2014-4, 3.10%, 11/16/20			3,295		3,296,523
Shackleton CLO Ltd., Series 2013-3A, Class DR, 5.46%, 07/15/30^(c)(e)			500		495,157
Sound Point CLO XIV Ltd., Series 2016-3A, Class E, (3 mo. LIBOR US + 6.65%), 9.13%, 01/23/29^(c)(d)			1,000		1,009,483
Symphony CLO XV Ltd., Series 2014-15A, Class CR, (3 mo. LIBOR US + 2.20%), 4.65%, 10/17/26^(c)(d)			1,250		1,248,356
Symphony CLO XVIII Ltd., Series 2016-18A, Class D, (3 mo. LIBOR US + 4.00%), 6.48%, 01/23/28^(c)(d)			1,000		1,009,252
Thayer Park CLO Ltd., Series 2017-1A, Class D, (3 mo. LIBOR US + 6.10%), 8.57%, 04/20/29^(c)(d)			500		500,955
TICP CLO VII Ltd., Series 2017-7A, Class E, (3 mo. LIBOR US + 6.51%), 8.95%, 07/15/29^(c)(d)			500		503,559
Venture XXVI CLO Ltd., Series 2017-26A^(c)(d):
Class D, (3 mo. LIBOR US + 4.25%), 6.72%, 01/20/29			1,000		1,009,684


Security		Par (000)		Value

Asset-Backed Securities (continued)
Venture XXVI CLO Ltd., Series 2017- 26A^(c)(d) (continued):
Class E, (3 mo. LIBOR US + 6.80%), 9.27%, 01/20/29	USD		500	$	504,596
Vibrant CLO IV Ltd., Series 2016-4A, Class D, (3 mo. LIBOR US + 4.50%), 6.97%, 07/20/28^(c)^(d)			1,000		1,006,734
Wellfleet CLO Ltd., Series 2017-3A, Class B, 4.40%, 01/17/31^(c)^(e)			500		494,394
York CLO Ltd.^(c):
Series 2015-1A, Class ER, 8.12%, 01/22/31^(e)			250		237,553
Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.60%), 6.07%, 10/20/29^(d)			250		249,827
Series 2016-2A, Class E, (3 mo. LIBOR US + 6.94%), 9.41%, 01/20/30^(d)			1,000		1,012,170

					49,897,192

Interest Only Asset-Backed Securities — 0.0%
Sterling Bank Trust, Series 2004-2, Class Note, 2.08%, 03/30/30^(a)^(c)			2,905		144,513
Sterling Coofs Trust, Series 2004-1, Class A, 2.00%, 04/15/29^(a)			2,231		97,724

					242,237


Total Asset-Backed Securities — 8.5% (Cost — $50,489,307)					50,139,429


Corporate Bonds — 58.5%

Aerospace — 0.0%
Koninklijke KPN NV(5 year GBP Swap + 5.51%), 6.88%, 03/14/73^(f)	GBP		100		132,720


Aerospace & Defense — 1.5%
Arconic, Inc.:
5.87%, 02/23/22	USD		730		742,045
5.13%, 10/01/24			742		719,740
5.90%, 02/01/27			67		64,320
BBA US Holdings, Inc., 5.38%, 05/01/26^(c)			271		262,193
Bombardier, Inc.^(c):
7.75%, 03/15/20			172		175,225
8.75%, 12/01/21^(g)			721		743,531
5.75%, 03/15/22			102		96,900
6.00%, 10/15/22			19		18,004
6.13%, 01/15/23^(g)			912		866,400
7.50%, 12/01/24^(g)			790		751,488


2

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Aerospace & Defense (continued)
Bombardier, Inc.^(c) (continued):
7.50%, 03/15/25^(g)	USD		855	$	812,250
7.45%, 05/01/34			188		163,560
KLX, Inc., 5.88%, 12/01/22^(c)			788		811,147
Koppers, Inc., 6.00%, 02/15/25^(c)			146		130,670
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25^(c)			298		306,940
Moog, Inc., 5.25%, 12/01/22^(c)			270		270,000
Pioneer Holdings LLC/Pioneer Finance Corp., 9.00%, 11/01/22^(c)			133		135,660
TransDigm UK Holdings PLC, 6.88%, 05/15/26^(c)^(g)			264		260,700
TransDigm, Inc.:
6.00%, 07/15/22^(g)			601		601,000
6.50%, 07/15/24^(g)			178		178,445
6.50%, 05/15/25			299		297,879
6.38%, 06/15/26^(g)			405		395,337

					8,803,434

Airlines — 1.7%
Air Canada Pass-Through Trust, Series 2015-1, Class B, 3.88%, 09/15/24^(c)			1,167		1,139,145
American Airlines Pass-Through Trust:
Series 2013-2, Class A, 4.95%, 07/15/24^(g)			2,574		2,628,899
Series 2013-2, Class B, 5.60%, 01/15/22^(c)			351		355,332
Series 2017-1, Class B, 4.95%, 08/15/26			1,351		1,370,665
Avianca Holdings SA/Avianca Leasing LLC/Grupo Taca Holdings Ltd., 8.38%, 05/10/20			239		238,104
Latam Finance Ltd., 6.88%, 04/11/24^(c)			203		200,462
United Airlines Pass-Through Trust:
Series 2014-2, Class B, 4.63%, 03/03/24^(g)			1,653		1,654,844
Series 2015-1, Class A, 3.70%, 06/01/24			2,430		2,391,606
Virgin Australia Trust, Series 2013-1, Class A, 5.00%, 04/23/25^(c)^(g)			192		195,390

					10,174,447

Auto Components — 0.4%
Adient Global Holdings Ltd., 3.50%, 08/15/24	EUR		100		90,566
Allison Transmission, Inc., 5.00%, 10/01/24^(c)	USD		28		26,950
Aptiv PLC, 4.40%, 10/01/46			240		204,069
Fiat Chrysler Finance Europe, 4.75%, 07/15/22	EUR		120		149,437
GKN Holdings PLC, 3.38%, 05/12/32	GBP		100		119,839
Goodyear Tire & Rubber Co., 5.00%, 05/31/26	USD		67		60,970


Security		Par (000)		Value

Auto Components (continued)
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
6.00%, 08/01/20	USD		28	$	28,210
6.25%, 02/01/22			299		303,859
6.75%, 02/01/24			279		280,744
6.38%, 12/15/25			149		147,138
IHO Verwaltungs GmbH^(h):
(2.75% Cash or 3.50% PIK), 2.75%, 09/15/21	EUR		100		112,644
(3.25% Cash or 4.00% PIK), 3.25%, 09/15/23			100		110,256
(3.75% Cash or 4.50% PIK), 3.75%, 09/15/26			100		109,106
(4.50% Cash or 5.25% PIK), 4.50%, 09/15/23^(c)	USD		200		186,000
Tesla, Inc., 5.30%, 08/15/25^(c)^(g)			471		406,826
Volvo Car AB, 2.00%, 01/24/25	EUR		100		105,593

					2,442,207

Banks — 2.0%
Allied Irish Banks PLC(5 year EUR Swap + 3.95%), 4.13%, 11/26/25^(f)			100		116,063
Banco BPM SpA, 2.75%, 07/27/20			100		113,458
Banco de Sabadell SA, 5.38%, 12/12/28^(e)			100		113,100
Banco Espirito Santo SA^(b)⁽ⁱ⁾:
4.75%, 01/15/19			100		32,548
4.00%, 01/21/19			100		33,397
Bank of Ireland(5 year EUR Swap + 3.55%), 4.25%, 06/11/24^(f)			100		114,214
Bankia SA(5 year EUR Swap + 3.35%), 3.38%, 03/15/27^(f)			100		114,127
Barclays PLC:
4.38%, 09/11/24^(g)	USD		580		538,477
3.65%, 03/16/25^(g)			3,600		3,305,901
5.20%, 05/12/26			200		190,445
BBVA Bancomer SA, 6.75%, 09/30/22^(c)			192		198,722
CaixaBank SA(5 year EUR Swap + 3.35%), 3.50%, 02/15/27^(f)	EUR		100		116,474
CIT Group, Inc.:
5.00%, 08/01/23^(g)	USD		582		583,455
5.25%, 03/07/25			127		127,610
6.13%, 03/09/28			98		100,450
HSBC Holdings PLC, 4.38%, 11/23/26^(g)			395		378,628
IKB Deutsche Industriebank AG, 4.00%, 01/31/28^(e)	EUR		100		110,234
Nordea Bank AB, 4.50%, 03/26/20			1,020		1,217,444
Promerica Financial Corp., 9.70%, 05/14/24^(c)	USD		200		207,100
Santander Holdings USA, Inc., 4.50%, 07/17/25^(g)			1,750		1,694,252


			3

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Banks (continued)
Santander UK Group Holdings PLC, 2.88%, 08/05/21^(g)	USD		950	$	913,032
Standard Chartered PLC, 3.89%, 03/15/24^(c)^(e)^(g)			1,500		1,445,918

					11,765,049

Beverage: Soft Drinks — 0.0%
Energizer Gamma Acquisition, Inc., 6.38%, 07/15/26^(c)			46		43,240


Beverages — 0.1%
BWAY Holding Co., 4.75%, 04/15/24	EUR		100		109,287
Central American Bottling Corp., 5.75%, 01/31/27^(c)	USD		176		172,920
Crown European Holdings SA, 2.25%, 02/01/23^(c)	EUR		100		114,047
OI European Group BV, 4.00%, 03/15/23^(c)	USD		176		164,560

					560,814

Building Materials — 0.0%
Jeld-Wen, Inc., 4.63%, 12/15/25^(c)			138		123,510


Building Products — 0.3%
American Builders & Contractors Supply Co., Inc., 5.75%, 12/15/23^(c)			184		183,761
CPG Merger Sub LLC, 8.00%, 10/01/21^(c)			324		320,760
Jeld-Wen, Inc., 4.88%, 12/15/27^(c)			19		16,578
Masonite International Corp.^(c):
5.63%, 03/15/23^(g)			384		383,040
5.75%, 09/15/26			160		151,000
PGT Escrow Issuer, Inc., 6.75%, 08/01/26^(c)			107		108,070
Standard Industries, Inc.^(c):
5.50%, 02/15/23			66		64,762
5.38%, 11/15/24			126		119,700
6.00%, 10/15/25^(g)			260		253,500
USG Corp.^(c):
5.50%, 03/01/25			11		11,083
4.88%, 06/01/27			198		198,247

					1,810,501

Cable Television Services — 0.0%
CB Escrow Corp., 8.00%, 10/15/25^(c)			146		129,210


Capital Markets — 0.6%
Blackstone CQP Holdco LP^(c):
6.50%, 03/20/21			2,040		1,978,994
6.00%, 08/18/21			332		331,553
Intertrust Group BV, 3.38%, 11/15/25	EUR		100		111,985
Lions Gate Capital Holdings LLC, 5.88%, 11/01/24^(c)	USD		85		85,638
Morgan Stanley, 4.00%, 07/23/25^(g)			965		944,678


Security		Par (000)		Value

Capital Markets (continued)
NFP Corp., 6.88%, 07/15/25^(c)	USD		85	$	80,538
Stevens Holding Co., Inc., 6.13%, 10/01/26^(c)			189		186,637

					3,720,023

Chemicals — 1.7%
Alpha 2 BV, (8.75% Cash or 9.50% PIK), 8.75%, 06/01/23^(c)^(h)			256		248,320
Alpha 3 BV/Alpha US Bidco, Inc., 6.25%, 02/01/25^(c)			800		768,000
Axalta Coating Systems Dutch Holding B BV, 3.75%, 01/15/25	EUR		100		109,889
Axalta Coating Systems LLC, 4.88%, 08/15/24^(c)	USD		454		439,563
Blue Cube Spinco, Inc.:
9.75%, 10/15/23			424		474,431
10.00%, 10/15/25			308		351,890
CF Industries, Inc., 4.95%, 06/01/43			45		34,847
Chemours Co.:
6.63%, 05/15/23			129		130,935
7.00%, 05/15/25			112		113,400
4.00%, 05/15/26	EUR		186		197,936
5.38%, 05/15/27	USD		134		120,935
Cydsa SAB de CV, 6.25%, 10/04/27^(c)			252		227,433
GCP Applied Technologies, Inc., 5.50%, 04/15/26^(c)			158		151,285
Hexion, Inc., 10.38%, 02/01/22^(c)			86		71,595
Huntsman International LLC, 5.13%, 11/15/22			280		285,043
INEOS Finance PLC, 4.00%, 05/01/23	EUR		100		114,329
Mexichem SAB de CV, 5.50%, 01/15/48^(c)	USD		200		166,500
Momentive Performance Materials, Inc., 3.88%, 10/24/21^(g)			377		403,861
NOVA Chemicals Corp., 4.88%, 06/01/24^(c)			267		248,310
Olin Corp., 5.00%, 02/01/30			117		104,130
Platform Specialty Products Corp.^(c)^(g):
6.50%, 02/01/22			2,210		2,251,437
5.88%, 12/01/25			1,024		998,400
PQ Corp.^(c):
6.75%, 11/15/22^(g)			444		460,650
5.75%, 12/15/25			528		493,353
PSPC Escrow Corp., 6.00%, 02/01/23	EUR		100		116,472
Starfruit Finco BV/ tarfruit US Holdco LLC, 6.50%, 10/01/26			100		105,166
Versum Materials, Inc., 5.50%, 09/30/24^(c)	USD		72		71,100
WR Grace & Co-Conn^(c):
5.13%, 10/01/21^(g)			741		746,335


4

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Chemicals (continued)
WR Grace & Co-Conn^(c) (continued):
5.63%, 10/01/24	USD		200	$	202,440

					10,207,985

Commercial Services & Supplies — 1.1%
ADT Corp.:
6.25%, 10/15/21			139		143,691
3.50%, 07/15/22^(g)			285		266,831
4.13%, 06/15/23			271		252,708
4.88%, 07/15/32^(c)			418		330,220
Advanced Disposal Services, Inc., 5.63%, 11/15/24^(c)			161		157,378
Avolon Holdings Funding Ltd., 5.13%, 10/01/23^(c)			386		384,552
Booz Allen Hamilton, Inc., 5.13%, 05/01/25^(c)			204		197,880
Core & Main LP, 6.13%, 08/15/25^(c)			410		374,125
Fortress Transportation & Infrastructure Investors LLC^(c):
6.75%, 03/15/22			71		72,150
6.50%, 10/01/25			78		75,465
GFL Environmental, Inc., 5.38%, 03/01/23^(c)			131		119,865
Harland Clarke Holdings Corp., 8.38%, 08/15/22^(c)			414		382,950
KAR Auction Services, Inc., 5.13%, 06/01/25^(c)			444		415,140
Mobile Mini, Inc., 5.88%, 07/01/24^(g)			499		501,490
Paprec Holding SA, 4.00%, 03/31/25	EUR		100		99,330
Park Aerospace Holdings Ltd.^(c):
3.63%, 03/15/21	USD		226		220,350
5.25%, 08/15/22			369		369,000
5.50%, 02/15/24			12		12,074
Pitney Bowes, Inc., 3.88%, 10/01/21^(g)			500		478,750
Ritchie Bros Auctioneers, Inc., 5.38%, 01/15/25^(c)			472		463,150
United Rentals North America, Inc.:
5.75%, 11/15/24^(g)			609		605,194
5.50%, 05/15/27			397		374,669

					6,296,962

Communications Equipment — 0.8%
CommScope Technologies LLC^(c):
6.00%, 06/15/25			3		2,779
5.00%, 03/15/27			367		302,316
CommScope, Inc.^(c):
5.00%, 06/15/21			465		461,047
5.50%, 06/15/24			102		94,085
Motorola Solutions, Inc., 3.75%, 05/15/22^(g)			1,500		1,480,671
Nokia OYJ:
3.38%, 06/12/22			106		100,568
4.38%, 06/12/27			149		139,173


Security		Par (000)		Value

Communications Equipment (continued)
Nokia OYJ (continued):
6.63%, 05/15/39	USD		200	$	206,260
Zayo Group LLC/Zayo Capital, Inc.^(g):
6.00%, 04/01/23			531		528,345
6.38%, 05/15/25			104		102,050
5.75%, 01/15/27^(c)			1,030		983,650

					4,400,944

Construction & Engineering — 0.3%
Aeropuertos Argentina 2000 SA, 6.88%, 02/01/27^(c)			293		272,856
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29^(c)			293		284,576
Brand Industrial Services, Inc., 8.50%, 07/15/25^(c)			288		254,160
Engility Corp., 8.88%, 09/01/24			216		233,010
frontdoor, Inc., 6.75%, 08/15/26^(c)			241		232,565
Pisces Midco, Inc., 8.00%, 04/15/26^(c)			94		89,300
SPIE SA, 3.13%, 03/22/24	EUR		100		110,750
SRS Distribution, Inc., 8.25%, 07/01/26^(c)^(g)	USD		185		173,900
Tutor Perini Corp., 6.88%, 05/01/25^(c)			219		210,240
Weekley Homes LLC/Weekley Finance Corp., 6.63%, 08/15/25			61		56,578

					1,917,935

Construction Materials — 0.5%
American Builders & Contractors Supply Co., Inc., 5.88%, 05/15/26^(c)			226		218,938
HD Supply, Inc., 5.38%, 10/15/26^(c)			1,778		1,716,303
LKQ Italia Bondco SpA, 3.88%, 04/01/24	EUR		100		116,040
Navistar International Corp., 6.63%, 11/01/25^(c)	USD		271		267,954
New Enterprise Stone & Lime Co., Inc., 10.13%, 04/01/22^(c)			160		164,800
Rexel SA, 3.50%, 06/15/23	EUR		116		133,950
Williams Scotsman International, Inc.^(c):
7.88%, 12/15/22	USD		109		110,090
6.88%, 08/15/23			185		181,763

					2,909,838

Consumer Discretionary — 0.3%
AA Bond Co. Ltd., 4.88%, 07/31/43	GBP		100		122,488
Blitz F18-674 GmbH, 6.00%, 07/30/26	EUR		100		110,449
Nielsen Co. Luxembourg Sarl, 5.00%, 02/01/25^(c)	USD		92		89,700
Silversea Cruise Finance Ltd., 7.25%, 02/01/25^(c)			56		60,060
Staples, Inc., 8.50%, 09/15/25^(c)			273		241,605
Viking Cruises Ltd.^(c):
6.25%, 05/15/25			225		222,750


			5

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Consumer Discretionary (continued)
Viking Cruises Ltd.^(c) (continued):
5.88%, 09/15/27^(g)	USD		771	$	724,740

					1,571,792

Consumer Finance — 1.4%
Alliance Data Systems Corp.^(c):
5.88%, 11/01/21			696		704,700
5.38%, 08/01/22			130		129,350
Ally Financial, Inc., 8.00%, 11/01/31^(g)			1,416		1,653,463
Credivalores-Crediservicios SAS, 9.75%, 07/27/22^(c)			200		182,500
Mulhacen Pte Ltd., (6.5% Cash or 7.25% PIK), 6.50%, 08/01/23^(h)	EUR		119		127,984
Navient Corp.:
5.00%, 10/26/20^(g)	USD		310		306,900
6.63%, 07/26/21			113		114,130
6.50%, 06/15/22			375		376,406
5.50%, 01/25/23			134		126,295
7.25%, 09/25/23^(g)			257		258,285
5.88%, 10/25/24			65		58,338
6.75%, 06/25/25			105		97,387
6.75%, 06/15/26			211		190,955
5.63%, 08/01/33			95		70,775
Nexi Capital SpA, 3.63%, 05/01/23^(e)	EUR		100		112,644
Refinitiv US Holdings, Inc.:
4.50%, 05/15/26			100		111,795
4.50%, 05/15/26^(c)			400		447,180
6.25%, 05/15/26^(c)	USD		1,480		1,460,575
8.25%, 11/15/26^(c)			612		582,930
Springleaf Finance Corp.:
6.13%, 05/15/22			70		70,000
5.63%, 03/15/23			8		7,700
6.88%, 03/15/25			311		292,729
7.13%, 03/15/26			298		280,120
Verscend Escrow Corp., 9.75%, 08/15/26^(c)			615		591,937

					8,355,078

Containers & Packaging — 1.1%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.:
4.63%, 05/15/23^(c)			790		768,275
6.75%, 05/15/24	EUR		100		119,612
7.25%, 05/15/24^(c)^(g)	USD		800		808,000
4.75%, 07/15/27^(c)	GBP		100		118,322
4.75%, 07/15/27			100		118,322
BWAY Holding Co., 5.50%, 04/15/24^(c)^(g)	USD		799		765,042
Crown Americas LLC/Crown Americas Capital Corp.:
4.75%, 02/01/26^(c)			150		144,570
4.25%, 09/30/26			166		154,380


Security		Par (000)		Value

Containers & Packaging (continued)
Intertape Polymer Group, Inc., 7.00%, 10/15/26^(c)	USD		122	$	122,305
Mercer International, Inc.:
6.50%, 02/01/24			113		112,435
5.50%, 01/15/26			117		106,470
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu:
5.75%, 10/15/20^(g)			1,029		1,027,906
(3 mo. LIBOR US + 3.50%), 5.94%, 07/15/21^(c)^(d)			433		436,204
5.13%, 07/15/23^(c)			42		41,003
7.00%, 07/15/24^(c)^(g)			729		727,177
Sealed Air Corp.^(c):
4.88%, 12/01/22			192		191,280
6.88%, 07/15/33			44		44,770
Silgan Holdings, Inc., 3.25%, 03/15/25	EUR		100		113,710
Smurfit Kappa Acquisitions ULC, 2.88%, 01/15/26			100		113,669
Suzano Austria GmbH, 6.00%, 01/15/29^(c)	USD		517		522,170

					6,555,622

Diversified Consumer Services — 0.5%
APX Group, Inc.^(g):
8.75%, 12/01/20			262		250,865
7.88%, 12/01/22			336		328,230
Ascend Learning LLC, 6.88%, 08/01/25^(c)			283		274,510
Graham Holdings Co., 5.75%, 06/01/26^(c)			173		175,163
Laureate Education, Inc., 8.25%, 05/01/25^(c)			114		121,695
Matthews International Corp., 5.25%, 12/01/25^(c)			62		57,660
Pinnacle Bidco PLC, 6.38%, 02/15/25	GBP		100		128,062
Prime Security Services Borrower LLC/Prime Finance, Inc., 9.25%, 05/15/23^(c)^(g)	USD		1,335		1,415,100
ServiceMaster Co. LLC, 5.13%, 11/15/24^(c)			244		234,850
Verisure Holding AB, 3.50%, 05/15/23	EUR		100		111,760

					3,097,895

Diversified Financial Services — 1.1%
Arrow Global Finance PLC(3 mo. Euribor + 2.88%), 2.88%, 04/01/25^(d)			100		104,201
Banca IFIS SpA, 4.50%, 10/17/27^(e)			100		90,199
Controladora Mabe SA de C.V., 5.60%, 10/23/28^(c)	USD		200		186,750
Docuformas SAPI de C.V., 9.25%, 10/11/22^(c)			421		368,375


6

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Diversified Financial Services (continued)
FS Energy & Power Fund, 7.50%, 08/15/23^(c)	USD		260	$	254,800
General Motors Financial Co., Inc., 4.38%, 09/25/21^(g)			530		529,474
Gilex Holding Sarl, 8.50%, 05/02/23^(c)			182		184,866
Intesa Sanpaolo SpA, 5.02%, 06/26/24^(c)^(g)			2,442		2,141,453
Intrum AB, 2.75%, 07/15/22	EUR		100		105,003
Jefferies Finance LLC/JFIN Co-Issuer Corp.^(c)^(g):
7.38%, 04/01/20	USD		290		291,087
6.88%, 04/15/22			480		478,944
LHC3 PLC, (4.13% Cash or 4.88% PIK), 4.13%, 08/15/24^(h)	EUR		101		110,340
MSCI, Inc., 5.25%, 11/15/24^(c)	USD		105		105,263
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 6.75%, 06/01/25^(c)^(g)			479		452,655
Travelport Corporate Finance PLC, 6.00%, 03/15/26^(c)			171		168,435
UniCredit SpA(5 year EUR Swap + 4.32%), 4.38%, 01/03/27^(f)	EUR		100		110,131
Vantiv LLC/Vanity Issuer Corp.^(c):
3.88%, 11/15/25	GBP		100		121,914
4.38%, 11/15/25	USD		200		186,250
WMG Acquisition Corp.:
4.13%, 11/01/24	EUR		90		105,582
5.50%, 04/15/26^(c)	USD		120		116,400

					6,212,122

Diversified Telecommunication Services — 1.3%
CenturyLink, Inc.:
5.63%, 04/01/25^(g)			526		491,810
Series P, 7.60%, 09/15/39			26		21,580
Series S, 6.45%, 06/15/21^(g)			412		421,270
Series U, 7.65%, 03/15/42			271		225,215
Series W, 6.75%, 12/01/23^(g)			325		325,812
Series Y, 7.50%, 04/01/24			332		340,715
Cincinnati Bell, Inc., 7.00%, 07/15/24^(c)			406		356,011
Embarq Corp., 8.00%, 06/01/36			428		401,785
Frontier Communications Corp.:
7.13%, 03/15/19			190		189,763
10.50%, 09/15/22			201		160,800
11.00%, 09/15/25^(g)			1,205		849,525
Level 3 Financing, Inc.:
5.38%, 08/15/22			184		183,540
5.63%, 02/01/23			115		114,943
5.13%, 05/01/23^(g)			295		291,681
5.38%, 01/15/24			325		318,984
5.38%, 05/01/25^(g)			303		295,046
5.25%, 03/15/26^(g)			937		904,673
OTE PLC, 3.50%, 07/09/20	EUR		100		116,460


Security		Par (000)		Value

Diversified Telecommunication Services (continued)
SoftBank Group Corp.:
(5 year USD ICE Swap + 4.85%), 6.88%^(f)^(j)	USD		290	$	245,198
4.00%, 04/20/23	EUR		200		232,402
Telecom Italia Capital SA:
6.38%, 11/15/33	USD		233		207,370
6.00%, 09/30/34			575		491,625
7.72%, 06/04/38			21		20,580
Telecom Italia Finance SA, 7.75%, 01/24/33	EUR		37		51,209
Telecom Italia SpA, 5.88%, 05/19/23	GBP		100		132,608
Telecom Italia SpA/Milano, 2.88%, 01/28/26	EUR		100		105,560
Verizon Communications, Inc., 3.38%, 02/15/25^(g)	USD		156		150,161

					7,646,326

Electric Utilities — 0.8%
AES Corp., 5.50%, 04/15/25			82		82,615
Black Hills Corp., 3.15%, 01/15/27^(g)			305		280,624
Celeo Redes Operacion Chile SA, 5.20%, 06/22/47^(c)^(g)			1,006		944,201
Centrais Eletricas Brasileiras SA, 5.75%, 10/27/21^(c)			1,200		1,194,012
DPL, Inc., 7.25%, 10/15/21			30		31,875
Enel Finance International NV, 3.63%, 05/25/27^(c)^(g)			900		775,120
Energuate Trust, 5.88%, 05/03/27^(c)			200		188,002
Eskom Holdings SOC Ltd., 6.35%, 08/10/28^(c)			325		307,612
Exelon Corp., 3.40%, 04/15/26^(g)			140		130,737
Inkia Energy Ltd., 5.88%, 11/09/27^(c)			377		351,085
NextEra Energy Operating Partners LP^(c):
4.25%, 09/15/24			101		95,193
4.50%, 09/15/27			10		9,175
Talen Energy Supply LLC, 6.50%, 06/01/25			176		127,160
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc.^(a):
10.25%, 11/01/15^(b)(i)			47		—
10.50%, 11/01/19			31		52
11.50%, 10/01/20			300		—

					4,517,463

Electrical Equipment — 0.0%
Orano SA, 4.88%, 09/23/24	EUR		100		115,757


Electronic Equipment, Instruments & Components — 0.1%
CDW LLC/CDW Finance Corp.:
5.00%, 09/01/23	USD		72		72,090
5.50%, 12/01/24^(g)			493		493,000
5.00%, 09/01/25			107		104,325


			7

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Electronic Equipment, Instruments & Components (continued)
Energizer Gamma Acquisition BV, 4.63%, 07/15/26	EUR		100	$	107,787
Itron, Inc., 5.00%, 01/15/26^(c)	USD		25		23,266

					800,468

Energy Equipment & Services — 0.8%
Calfrac Holdings LP, 8.50%, 06/15/26^(c)			163		134,882
CSI Compressco LP/CSI Compressco Finance, Inc., 7.50%, 04/01/25^(c)			330		322,575
Ensco PLC:
4.50%, 10/01/24			26		19,240
5.20%, 03/15/25			313		234,162
7.75%, 02/01/26			141		116,325
Gates Global LLC/Gates Global Co., 6.00%, 07/15/22^(c)^(g)			609		605,955
Halliburton Co., 3.80%, 11/15/25^(g)			100		95,525
McDermott Technology Americas, Inc./McDermott Technology U.S., Inc., 10.63%, 05/01/24^(c)			246		210,945
Oceaneering International, Inc., 4.65%, 11/15/24			46		40,423
Odebrecht Oil & Gas Finance Ltd., 0.00%^(c)^(j)(k)	BRL		43		503
Pattern Energy Group, Inc., 5.88%, 02/01/24^(c)	USD		299		290,777
Pioneer Energy Services Corp., 6.13%, 03/15/22			275		219,312
Precision Drilling Corp.:
6.50%, 12/15/21			54		53,782
7.13%, 01/15/26^(c)			8		7,500
SESI LLC, 7.75%, 09/15/24			208		185,640
Transocean, Inc.:
8.38%, 12/15/21			51		52,084
5.80%, 10/15/22			439		403,880
9.00%, 07/15/23^(c)^(g)			636		651,900
7.50%, 01/15/26^(c)			99		92,070
Trinidad Drilling Ltd., 6.63%, 02/15/25^(c)			263		264,683
USA Compression Partners LP/USA Compression Finance Corp., 6.88%, 04/01/26^(c)			277		270,421
Weatherford International Ltd.:
7.75%, 06/15/21			433		355,060
6.50%, 08/01/36			110		62,700
5.95%, 04/15/42			231		129,360

					4,819,704

Environmental, Maintenance, & Security Service — 0.1%
Hulk Finance Corp., 7.00%, 06/01/26^(c)			131		117,245
Tervita Escrow Corp., 7.63%, 12/01/21^(c)^(g)			424		415,520


Security		Par (000)		Value

Environmental, Maintenance, & Security Service (continued)
Waste Pro USA, Inc., 5.50%, 02/15/26^(c)	USD		132	$	121,440

					654,205

Equity Real Estate Investment Trusts (REITs) — 1.4%
AvalonBay Communities, Inc., 3.45%, 06/01/25^(g)			1,245		1,209,538
ERP Operating LP, 3.38%, 06/01/25^(g)			1,015		983,941
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25^(c)			145		142,644
GEO Group, Inc.:
5.13%, 04/01/23			249		224,722
5.88%, 10/15/24			170		153,000
6.00%, 04/15/26			10		8,875
Hilton Domestic Operating Co., Inc.:
4.25%, 09/01/24			263		250,810
5.13%, 05/01/26^(c)			434		424,235
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.63%, 04/01/25			30		28,950
iStar, Inc.:
4.63%, 09/15/20			33		32,711
6.00%, 04/01/22			62		61,166
5.25%, 09/15/22			67		63,985
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc.:
5.63%, 05/01/24^(g)			1,361		1,374,406
4.50%, 09/01/26^(g)			683		629,671
4.50%, 01/15/28			236		208,270
MPT Operating Partnership LP/MPT Finance Corp.:
6.38%, 03/01/24			42		43,470
5.50%, 05/01/24			50		50,375
5.00%, 10/15/27			303		287,850
NH Hotel Group SA, 3.75%, 10/01/23	EUR		129		149,152
Starwood Property Trust, Inc., 5.00%, 12/15/21	USD		234		233,678
Trust F/1401, 6.95%, 01/30/44			706		661,882
Ventas Realty LP, 4.13%, 01/15/26^(g)			650		635,583
VICI Properties 1 LLC/VICI FC, Inc., 8.00%, 10/15/23			244		265,283

					8,124,197

Food & Staples Retailing — 0.1%
Albertsons Cos. LLC/Safeway, Inc./New Albertson’s, Inc./Albertson’s LLC:
6.63%, 06/15/24			186		179,257
5.75%, 03/15/25			104		92,820
B&M European Value Retail SA, 4.13%, 02/01/22	GBP		100		125,513


8

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Food & Staples Retailing (continued)
Casino Guichard Perrachon SA, 4.50%, 03/07/24	EUR		200	$	207,746
Rite Aid Corp., 6.13%, 04/01/23^(c)	USD		110		94,600

					699,936

Food Products — 0.7%
Aramark Services, Inc.:
5.13%, 01/15/24^(g)			417		419,085
5.00%, 04/01/25^(c)			46		45,780
5.00%, 02/01/28^(c)			345		327,750
Arcor SAIC, 6.00%, 07/06/23^(c)			180		168,566
B&G Foods, Inc., 5.25%, 04/01/25			51		48,200
Chobani LLC/Chobani Finance Corp., Inc., 7.50%, 04/15/25^(c)			266		218,120
JBS USA LUX SA/JBS USA Finance, Inc.^(c):
5.88%, 07/15/24			335		329,137
5.75%, 06/15/25^(g)			942		911,385
6.75%, 02/15/28			319		309,430
MARB BondCo PLC:
7.00%, 03/15/24			200		188,750
6.88%, 01/19/25^(c)			200		184,000
Minerva Luxembourg SA, 6.50%, 09/20/26^(c)			200		182,250
Post Holdings, Inc.^(c):
5.50%, 03/01/25			246		234,623
5.75%, 03/01/27			253		237,188
5.63%, 01/15/28			73		67,708
Simmons Foods, Inc., 7.75%, 01/15/24^(c)			135		137,700

					4,009,672

Health Care Equipment & Supplies — 1.0%
Avantor, Inc.^(c):
6.00%, 10/01/24^(g)			1,388		1,375,855
9.00%, 10/01/25			517		524,109
DJO Finance LLC/DJO Finance Corp., 8.13%, 06/15/21^(c)^(g)			1,323		1,372,612
Immucor, Inc., 11.13%, 02/15/22^(c)			100		102,000
Mallinckrodt International Finance SA/Mallinckrodt CB LLC^(c):
4.88%, 04/15/20			284		280,308
5.75%, 08/01/22			467		425,670
5.63%, 10/15/23			81		69,255
5.50%, 04/15/25			11		8,718
Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics SA, 6.63%, 05/15/22^(c)^(g)			1,482		1,426,425
Teleflex, Inc.:
5.25%, 06/15/24			250		251,250


Security		Par (000)		Value

Health Care Equipment & Supplies (continued)
Teleflex, Inc. (continued):
4.88%, 06/01/26	USD		56	$	54,234

					5,890,436

Health Care Providers & Services — 2.8%
Acadia Healthcare Co., Inc.:
5.13%, 07/01/22			85		83,300
5.63%, 02/15/23			160		157,333
6.50%, 03/01/24			412		403,760
AHP Health Partners, Inc., 9.75%, 07/15/26^(c)			140		139,650
Centene Corp.:
4.75%, 05/15/22^(g)			314		315,177
6.13%, 02/15/24			37		38,476
4.75%, 01/15/25			200		198,750
5.38%, 06/01/26^(c)^(g)			1,371		1,379,569
CHS/Community Health Systems, Inc., 8.63%, 01/15/24^(c)			417		423,776
DaVita, Inc., 5.13%, 07/15/24^(g)			235		225,894
Eagle Holding Co. II LLC, (7.63% Cash or 8.38% PIK), 7.63%, 05/15/22^(c)^(h)			182		181,773
Encompass Health Corp., 5.75%, 11/01/24^(g)			80		79,600
HCA, Inc.:
4.75%, 05/01/23			16		16,000
5.00%, 03/15/24^(g)			1,388		1,391,470
5.25%, 04/15/25^(g)			1,652		1,668,520
5.25%, 06/15/26^(g)			84		84,630
5.38%, 09/01/26			357		353,430
5.63%, 09/01/28			378		371,857
5.50%, 06/15/47^(g)			1,239		1,192,537
MEDNAX, Inc., 5.25%, 12/01/23^(c)^(g)			123		121,463
Molina Healthcare, Inc., 4.88%, 06/15/25^(c)			108		101,790
MPH Acquisition Holdings LLC, 7.13%, 06/01/24^(c)^(g)			798		796,005
NVA Holdings, Inc., 6.88%, 04/01/26^(c)			265		252,744
Polaris Intermediate Corp., (8.50% Cash), 8.50%, 12/01/22^(c)^(g)(h)			924		919,380
RegionalCare Hospital Partners Holdings, Inc., 8.25%, 05/01/23^(c)			188		196,107
Sotera Health Holdings LLC, 6.50%, 05/15/23^(c)			188		185,180
Surgery Center Holdings, Inc.^(c):
8.88%, 04/15/21			139		141,085
6.75%, 07/01/25^(g)			272		251,940
Team Health Holdings, Inc., 6.38%, 02/01/25^(c)^(g)			419		345,675
Tenet Healthcare Corp.:
6.00%, 10/01/20^(g)			533		543,793
7.50%, 01/01/22^(c)			176		182,600
8.13%, 04/01/22^(g)			678		705,120
6.75%, 06/15/23			252		248,850


			9

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Health Care Providers & Services (continued)
Tenet Healthcare Corp. (continued):
4.63%, 07/15/24^(g)	USD		507	$	483,551
6.88%, 11/15/31			166		145,665
UnitedHealth Group, Inc., 3.75%, 07/15/25^(g)			1,470		1,463,539
Vizient, Inc., 10.38%, 03/01/24^(c)			322		350,175
WellCare Health Plans, Inc.:
5.25%, 04/01/25			85		84,256
5.38%, 08/15/26^(c)			313		310,709

					16,535,129

Health Care Services — 0.0%
Aveta, Inc. Escrow, 7.00%, 04/01/19^(a)			183		—


Health Care Technology — 0.1%
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25^(c)			242		233,833
IQVIA, Inc., 3.25%, 03/15/25^(c)	EUR		100		111,508
Quintiles IMS, Inc., 3.25%, 03/15/25			148		165,031

					510,372

Hotels, Restaurants & Leisure — 3.3%
1011778 BC ULC/New Red Finance, Inc., 5.00%, 10/15/25^(c)^(g)	USD		2,130		2,002,626
Boyd Gaming Corp., 6.00%, 08/15/26			194		187,695
Boyne USA, Inc., 7.25%, 05/01/25^(c)			80		83,200
Caesars Resort Collection LLC/CRC Finco, Inc., 5.25%, 10/15/25^(c)^(g)			297		272,497
Churchill Downs, Inc., 4.75%, 01/15/28^(c)			64		58,240
CPUK Finance Ltd., 4.25%, 02/28/47	GBP		100		124,765
Eldorado Resorts, Inc.:
6.00%, 04/01/25	USD		91		88,725
6.00%, 09/15/26^(c)			117		113,198
ESH Hospitality, Inc., 5.25%, 05/01/25^(c)^(g)			285		272,531
GLP Capital LP/GLP Financing II, Inc.:
5.38%, 11/01/23			126		127,692
5.25%, 06/01/25			48		47,688
Golden Nugget, Inc., 6.75%, 10/15/24^(c)			522		512,865
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27			2		1,908
International Game Technology PLC, 4.75%, 02/15/23	EUR		100		120,201
IRB Holding Corp., 6.75%, 02/15/26^(c)	USD		70		64,575
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC^(c):
5.00%, 06/01/24			35		34,519
5.25%, 06/01/26			368		360,868


Security		Par (000)		Value

Hotels, Restaurants & Leisure (continued)
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC^(c) (continued):
4.75%, 06/01/27	USD		5	$	4,686
McDonald’s Corp., 3.70%, 01/30/26^(g)			405		394,636
Melco Resorts Finance Ltd., 4.88%, 06/06/25^(c)			375		332,968
MGM Resorts International:
6.63%, 12/15/21^(g)			882		923,895
7.75%, 03/15/22			439		471,925
4.63%, 09/01/26			11		9,996
New Red Finance, Inc., 4.25%, 05/15/24^(c)			245		231,525
RHP Hotel Properties LP/RHP Finance Corp., 5.00%, 04/15/21^(g)			494		489,060
Sabre GLBL, Inc.^(c):
5.38%, 04/15/23			147		146,265
5.25%, 11/15/23			180		178,650
Scientific Games International, Inc.:
10.00%, 12/01/22^(g)			731		757,426
5.00%, 10/15/25(c)^(g)			743		695,559
3.38%, 02/15/26	EUR		100		105,002
Six Flags Entertainment Corp.^(c)^(g):
4.88%, 07/31/24	USD		782		748,765
5.50%, 04/15/27			61		58,408
Spirit Issuer PLC:
Series A2, (3 mo. LIBOR GBP + 2.70%), 3.50%, 12/28/31^(d)	GBP		1,800		2,224,984
Series A5, 5.47%, 12/28/34			4,500		5,950,878
Stars Group Holdings BV/Stars Group US Co-Borrower LLC, 7.00%, 07/15/26^(c)	USD		182		181,317
Station Casinos LLC, 5.00%, 10/01/25^(c)			133		121,529
Unique Pub Finance Co. PLC, Series A4, 5.66%, 06/30/27	GBP		59		82,184
Wyndham Destinations, Inc.:
5.40%, 04/01/24	USD		13		12,697
5.75%, 04/01/27			64		59,046
Wyndham Hotels & Resorts, Inc., 5.38%, 04/15/26^(c)			121		116,462
Wynn Macau Ltd., 5.50%, 10/01/27^(c)^(g)			600		531,000
Yum! Brands, Inc.:
3.88%, 11/01/23			98		93,100
5.35%, 11/01/43			6		5,175

					19,400,931

Household Durables — 0.6%
Algeco Scotsman Global Finance PLC, 8.00%, 02/15/23^(c)^(g)			600		588,000


10

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Household Durables (continued)
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.13%, 07/01/22^(c)	USD		207	$	200,014
K Hovnanian Enterprises, Inc., 10.00%, 07/15/22^(c)			204		188,700
Lennar Corp.:
8.38%, 01/15/21			134		144,217
6.25%, 12/15/21^(g)			380		392,350
4.88%, 12/15/23			122		119,255
4.75%, 05/30/25			260		246,675
5.25%, 06/01/26			28		26,810
4.75%, 11/29/27			360		331,200
Mattamy Group Corp.^(c):
6.88%, 12/15/23			143		137,280
6.50%, 10/01/25			172		161,465
MDC Holdings, Inc., 6.00%, 01/15/43			122		94,703
Meritage Homes Corp., 5.13%, 06/06/27			77		67,760
PulteGroup, Inc., 6.38%, 05/15/33^(g)			469		430,307
Tempur Sealy International, Inc., 5.50%, 06/15/26^(g)			180		169,650
TRI Pointe Group, Inc.:
4.88%, 07/01/21			112		108,080
5.25%, 06/01/27			15		12,188
TRI Pointe Group, Inc./TRI Pointe Homes, Inc.:
4.38%, 06/15/19			110		109,417
5.88%, 06/15/24			11		9,858

					3,537,929

Household Products — 0.2%
ACCO Brands Corp., 5.25%, 12/15/24^(c)			85		78,413
Berkline Benchcraft LLC, 4.50%, 06/01/19^(a)			200		—
Spectrum Brands, Inc., 6.63%, 11/15/22^(g)			815		831,707

					910,120

Independent Power and Renewable Electricity Producers — 0.9%
AES Corp.:
4.50%, 03/15/23			187		185,364
4.88%, 05/15/23			157		156,019
6.00%, 05/15/26			317		326,510
5.13%, 09/01/27			277		272,845
Calpine Corp.:
5.38%, 01/15/23			406		384,685
5.88%, 01/15/24^(c)			320		320,000
5.75%, 01/15/25			120		110,400
5.25%, 06/01/26^(c)(g)			835		776,550
Clearway Energy Operating LLC:
5.38%, 08/15/24^(g)			312		295,620
5.75%, 10/15/25^(c)			196		188,650
Genneia SA, 8.75%, 01/20/22^(c)			293		273,955


Security		Par (000)		Value

Independent Power and Renewable Electricity Producers (continued)
NRG Energy, Inc.:
6.63%, 01/15/27^(g)	USD		841	$	856,701
5.75%, 01/15/28			236		230,100
TerraForm Power Operating LLC^(c):
4.25%, 01/31/23			181		171,950
6.63%, 06/15/25^(l)			30		30,900
5.00%, 01/31/28			181		162,049
Vistra Energy Corp.:
7.38%, 11/01/22			324		336,150
7.63%, 11/01/24			124		131,750

					5,210,198

Industrial Conglomerates — 0.2%
Algeco Global Finance PLC, 6.50%, 02/15/23	EUR		100		111,286
Apergy Corp., 6.38%, 05/01/26^(c)	USD		101		99,990
BWX Technologies, Inc., 5.38%, 07/15/26^(c)			153		148,410
Colfax Corp., 3.25%, 05/15/25	EUR		100		105,323
Vertiv Group Corp., 9.25%, 10/15/24^(c)(g)	USD		604		585,880

					1,050,889

Insurance — 1.6%
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 8.25%, 08/01/23^(c)(g)			947		962,985
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25^(g)			360		348,203
American International Group, Inc., 3.75%, 07/10/25^(g)			2,705		2,556,836
AmWINS Group, Inc., 7.75%, 07/01/26^(c)			191		190,045
Aon PLC, 3.88%, 12/15/25^(g)			1,115		1,087,065
Assicurazioni Generali SpA^(f):
(3 mo. Euribor + 7.11%), 7.75%, 12/12/42	EUR		100		127,936
(3 mo. Euribor + 5.35%), 5.50%, 10/27/47			100		113,481
AssuredPartners, Inc., 7.00%, 08/15/25^(c)	USD		16		15,100
Caisse Nationale de Reassurance Mutuelle Agricole Groupama, 6.00%, 01/23/27	EUR		100		126,908
Forethought Financial Group, Inc., 8.63%, 04/15/21^(c)(g)	USD		750		823,763
HUB International Ltd., 7.00%, 05/01/26^(c)(g)			764		727,710
Lincoln National Corp., 3.35%, 03/09/25^(g)			845		810,086
Muenchener Rueckversicherungs AG (3 mo. Euribor + 3.50%), 6.00%, 05/26/41^(f)	EUR		400		506,573


			11

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Insurance (continued)
Nationstar Mortgage Holdings, Inc.^(c):
8.13%, 07/15/23	USD		272	$	274,720
9.13%, 07/15/26			185		187,197
Nationwide Building Society, 4.13%, 10/18/32^(c)(e)(g)			595		521,451
USIS Merger Sub, Inc., 6.88%, 05/01/25^(c)			63		59,850

					9,439,909

Internet Software & Services — 0.4%
Equinix, Inc.:
2.88%, 03/15/24	EUR		100		113,737
5.88%, 01/15/26^(g)	USD		823		835,345
Netflix, Inc.:
4.38%, 11/15/26			92		84,651
5.88%, 11/15/28^(c)(g)			497		489,992
4.63%, 05/15/29	EUR		100		111,229
Rackspace Hosting, Inc., 8.63%, 11/15/24^(c)(g)	USD		154		130,130
Symantec Corp., 5.00%, 04/15/25^(c)			158		152,902
Uber Technologies, Inc., 7.50%, 11/01/23^(c)			122		119,255
United Group BV, 4.38%, 07/01/22	EUR		126		141,515

					2,178,756

IT Services — 0.9%
Banff Merger Sub, Inc.:
8.38%, 09/01/26			110		120,770
9.75%, 09/01/26^(c)(g)	USD		1,256		1,182,210
First Data Corp.^(c):
7.00%, 12/01/23^(g)			1,190		1,231,650
5.00%, 01/15/24			180		177,516
5.75%, 01/15/24^(g)			2,024		2,031,590
Gartner, Inc., 5.13%, 04/01/25^(c)			174		171,607
InterXion Holding NV, 4.75%, 06/15/25	EUR		100		116,552
WEX, Inc., 4.75%, 02/01/23^(c)	USD		177		174,823

					5,206,718

Leisure Products — 0.1%
Mattel, Inc.:
6.75%, 12/31/25^(c)			323		304,428
6.20%, 10/01/40			68		53,380
5.45%, 11/01/41			40		31,200

					389,008

Machinery — 0.4%
Mueller Water Products, Inc., 5.50%, 06/15/26^(c)			170		168,300
Platin 1426 GmbH, 5.38%, 06/15/23	EUR		109		115,754
RBS Global, Inc./Rexnord LLC, 4.88%, 12/15/25^(c)	USD		283		268,496


Security		Par (000)		Value

Machinery (continued)
SPX FLOW, Inc.^(c):
5.63%, 08/15/24	USD		271	$	261,515
5.88%, 08/15/26			139		132,745
Terex Corp., 5.63%, 02/01/25^(c)(g)			758		697,588
Titan Acquisition Ltd./Titan Co-Borrower LLC, 7.75%, 04/15/26^(c)(g)			525		430,500
Wabash National Corp., 5.50%, 10/01/25^(c)			241		214,490

					2,289,388

Media — 6.8%
Altice Financing SA^(c):
6.63%, 02/15/23			200		197,500
7.50%, 05/15/26^(g)			309		290,460
Altice France SA^(c):
7.38%, 05/01/26^(g)			1,746		1,676,160
8.13%, 02/01/27			853		835,940
Altice Luxembourg SA, 7.75%, 05/15/22^(c)(g)			1,265		1,204,912
AMC Networks, Inc., 4.75%, 08/01/25			514		478,041
Cablevision SA, 6.50%, 06/15/21^(c)			176		171,380
Cablevision Systems Corp., 8.00%, 04/15/20			125		130,000
CBS Radio, Inc., 7.25%, 11/01/24^(c)			15		14,363
CCO Holdings LLC/CCO Holdings Capital Corp.:
5.13%, 02/15/23^(g)			270		267,975
4.00%, 03/01/23^(c)(g)			670		637,974
5.13%, 05/01/23^(c)(g)			375		372,656
5.13%, 05/01/27^(c)(g)			2,133		2,021,017
5.00%, 02/01/28^(c)			145		135,031
Charter Communications Operating LLC/Charter Communications Operating Capital, 4.91%, 07/23/25^(g)			2,425		2,408,298
Clear Channel International BV, 8.75%, 12/15/20^(c)(g)			560		572,600
Clear Channel Worldwide Holdings, Inc.^(g):
6.50%, 11/15/22			3,007		3,045,921
Series B, 7.63%, 03/15/20			1,199		1,197,501
Comcast Corp., 3.95%, 10/15/25^(g)			3,000		2,988,202
CSC Holdings LLC:
6.75%, 11/15/21			187		195,883
10.13%, 01/15/23^(c)(g)			1,210		1,309,946
5.38%, 07/15/23^(c)(g)			1,109		1,100,682
5.25%, 06/01/24^(g)			523		496,850
7.75%, 07/15/25^(c)(g)			476		498,600
6.63%, 10/15/25^(c)(g)			235		244,372
10.88%, 10/15/25^(c)(g)			1,614		1,860,135
5.50%, 05/15/26^(c)(g)			990		958,753


12

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Media (continued)
CSC Holdings LLC (continued):
7.50%, 04/01/28^(c)	USD		479	$	493,360
Series 144S, 5.13%, 12/15/21^(c)			493		491,151
Discovery Communications LLC^(g):
3.25%, 04/01/23			1,490		1,430,724
3.45%, 03/15/25			170		158,348
DISH DBS Corp.:
6.75%, 06/01/21			295		299,794
5.88%, 07/15/22			902		860,282
5.00%, 03/15/23			358		313,250
5.88%, 11/15/24			245		208,250
DKT Finance ApS, 7.00%, 06/17/23	EUR		158		190,265
eircom Finance DAC, 4.50%, 05/31/22			100		115,078
Gray Escrow, Inc., 7.00%, 05/15/27^(c)	USD		237		240,579
Hughes Satellite Systems Corp.:
7.63%, 06/15/21			93		97,273
5.25%, 08/01/26^(g)			413		385,122
Inmarsat Finance PLC, 4.88%, 05/15/22^(c)			100		96,250
Intelsat Jackson Holdings SA:
5.50%, 08/01/23^(g)			916		808,370
8.50%, 10/15/24^(c)			1,059		1,048,516
9.75%, 07/15/25^(c)			806		832,195
Level 3 Parent LLC, 5.75%, 12/01/22			405		405,000
Live Nation Entertainment, Inc., 4.88%, 11/01/24^(c)			29		28,058
MDC Partners, Inc., 6.50%, 05/01/24^(c)			341		289,850
Meredith Corp., 6.88%, 02/01/26^(c)			154		157,465
Midcontinent Communications/Midcontinent Finance Corp., 6.88%, 08/15/23^(c)			233		241,155
Nielsen Finance LLC/Nielsen Finance Co., 5.00%, 04/15/22^(c)			329		321,729
Qualitytech LP/QTS Finance Corp., 4.75%, 11/15/25^(c)			146		138,335
Radiate Holdco LLC/Radiate Finance, Inc., 6.88%, 02/15/23^(c)			60		56,100
Sirius XM Radio, Inc., 5.00%, 08/01/27^(c)			237		222,780
TEGNA, Inc.:
5.13%, 10/15/19			105		105,063
5.50%, 09/15/24^(c)			66		66,165
Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28^(c)			400		366,000
Telenet Finance VI Luxembourg SCA, 4.88%, 07/15/27	EUR		90		109,051
Telesat Canada/Telesat LLC, 8.88%, 11/15/24^(c)	USD		241		257,267
Tribune Media Co., 5.88%, 07/15/22			302		305,775
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, 3.50%, 01/15/27	EUR		100		117,372


Security		Par (000)		Value

Media (continued)
Univision Communications, Inc.^(c):
5.13%, 05/15/23^(g)	USD		336	$	314,580
5.13%, 02/15/25			133		121,312
UPCB Finance IV Ltd.:
5.38%, 01/15/25^(c)			200		191,876
4.00%, 01/15/27	EUR		90		104,419
Videotron Ltd., 5.13%, 04/15/27^(c)	USD		326		308,885
Virgin Media Finance PLC, 5.75%, 01/15/25^(c)(g)			855		812,250
Virgin Media Receivables Financing Notes I DAC, 5.50%, 09/15/24	GBP		100		123,123
Virgin Media Secured Finance PLC:
5.13%, 01/15/25			100		127,744
5.50%, 01/15/25			180		230,512
5.25%, 01/15/26^(c)(g)	USD		355		332,369
5.50%, 08/15/26^(c)(g)			200		188,310
Ziggo Bond Co. BV, 5.88%, 01/15/25^(c)(g)			470		428,584
Ziggo BV:
4.25%, 01/15/27	EUR		100		111,950
5.50%, 01/15/27^(c)	USD		300		279,375

					40,242,413

Metals & Mining — 1.9%
Alcoa Nederland Holding BV, 6.13%, 05/15/28^(c)			200		195,000
Big River Steel LLC/BRS Finance Corp., 7.25%, 09/01/25^(c)			175		178,500
Cleveland-Cliffs, Inc., 4.88%, 01/15/24^(c)			188		175,780
Constellium NV^(c):
5.75%, 05/15/24			500		467,500
6.63%, 03/01/25^(g)			573		548,647
5.88%, 02/15/26			250		226,875
Freeport-McMoRan, Inc.:
4.00%, 11/14/21			240		233,700
3.55%, 03/01/22			692		658,265
3.88%, 03/15/23			1,292		1,203,175
4.55%, 11/14/24			163		151,386
5.40%, 11/14/34			161		135,240
5.45%, 03/15/43			1,262		1,031,685
Grinding Media, Inc./Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23^(c)(g)			626		627,565
Joseph T Ryerson & Son, Inc., 11.00%, 05/15/22^(c)			172		183,180
Kaiser Aluminum Corp., 5.88%, 05/15/24			112		111,440
Novelis Corp.^(c):
6.25%, 08/15/24^(g)			765		757,350
5.88%, 09/30/26			569		530,592
Steel Dynamics, Inc.:
5.25%, 04/15/23^(g)			200		199,750


			13

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Metals & Mining (continued)
Steel Dynamics, Inc. (continued):
5.50%, 10/01/24	USD		56	$	55,860
4.13%, 09/15/25			195		179,888
5.00%, 12/15/26			15		14,483
SunCoke Energy Partners LP/SunCoke Energy Partners Finance Corp., 7.50%, 06/15/25^(c)			278		273,135
Teck Resources Ltd.:
4.50%, 01/15/21			21		21,105
8.50%, 06/01/24^(c)^(g)			1,191		1,292,473
5.20%, 03/01/42^(g)			473		416,883
5.40%, 02/01/43			142		126,380
United States Steel Corp.:
6.88%, 08/15/25			262		247,451
6.25%, 03/15/26			323		295,342
Vale Overseas Ltd., 6.25%, 08/10/26			188		200,690
VM Holdings SA, 5.38%, 05/04/27^(c)			237		228,113

					10,967,433

Multi-Utilities — 0.3%
Brooklyn Union Gas Co., 3.41%, 03/10/26^(c)^(g)			1,475		1,416,062
NGL Energy Partners LP/NGL Energy Finance Corp., 5.13%, 07/15/19			144		143,640
Superior Plus LP/Superior General Partner, Inc., 7.00%, 07/15/26^(c)			314		309,290

					1,868,992

Offshore Drilling & Other Services — 0.0%
Entegris, Inc., 4.63%, 02/10/26^(c)			190		175,824


Oil, Gas & Consumable Fuels — 6.7%
Andeavor Logistics LP/Tesoro Logistics Finance Corp., 4.25%, 12/01/27			185		172,304
Antero Midstream Partners LP/Antero Midstream Finance Corp., 5.38%, 09/15/24			55		53,636
Antero Resources Corp.:
5.13%, 12/01/22			76		74,480
5.63%, 06/01/23			104		103,220
5.00%, 03/01/25			422		400,900
Ascent Resources Utica Holdings LLC/ARU Finance Corp.^(c):
10.00%, 04/01/22			135		142,763
7.00%, 11/01/26			200		187,500
Berry Petroleum Co. LLC, 7.00%, 02/15/26^(c)			292		277,394
Bruin E&P Partners LLC, 8.88%, 08/01/23^(c)			425		395,250
California Resources Corp., 8.00%, 12/15/22^(c)^(g)			694		531,777


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Callon Petroleum Co.:
6.13%, 10/01/24	USD		202	$	194,930
Series WI, 6.38%, 07/01/26			108		103,950
Carrizo Oil & Gas, Inc.:
6.25%, 04/15/23			188		179,070
8.25%, 07/15/25			311		316,442
Chaparral Energy, Inc., 8.75%, 07/15/23^(c)			276		260,820
Cheniere Corpus Christi Holdings LLC:
7.00%, 06/30/24^(g)			623		671,282
5.88%, 03/31/25			252		259,560
5.13%, 06/30/27^(g)			614		594,812
Cheniere Energy Partners LP, Series WI, 5.25%, 10/01/25			162		157,748
Chesapeake Energy Corp.:
6.63%, 08/15/20			208		208,520
4.88%, 04/15/22			76		70,680
7.00%, 10/01/24			652		606,360
8.00%, 01/15/25			348		334,950
7.50%, 10/01/26			172		159,530
8.00%, 06/15/27			832		790,400
Citgo Holding, Inc., 10.75%, 02/15/20^(c)			135		139,388
CNX Resources Corp., 5.88%, 04/15/22^(g)			2,601		2,545,729
Comstock Escrow Corp., 9.75%, 08/15/26^(c)			207		188,370
CONSOL Energy, Inc., 11.00%, 11/15/25^(c)^(g)			585		653,737
Covey Park Energy LLC/Covey Park Finance Corp., 7.50%, 05/15/25^(c)			305		288,225
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., 6.25%, 04/01/23			35		34,738
CrownRock LP/CrownRock Finance, Inc., 5.63%, 10/15/25^(c)^(g)			1,273		1,190,255
DCP Midstream Operating LP:
4.75%, 09/30/21^(c)			80		79,800
5.38%, 07/15/25			94		94,118
6.45%, 11/03/36^(c)			226		226,000
6.75%, 09/15/37^(c)			373		375,797
DEA Finance SA, 7.50%, 10/15/22	EUR		100		118,598
Denbury Resources, Inc.^(c):
9.25%, 03/31/22	USD		402		400,995
7.50%, 02/15/24			134		118,423
Diamond Offshore Drilling, Inc.:
7.88%, 08/15/25			184		164,220
5.70%, 10/15/39			31		19,840
4.88%, 11/01/43			286		168,740
Diamondback Energy, Inc.:
4.75%, 11/01/24			109		105,866
4.75%, 11/01/24^(c)			150		145,688
5.38%, 05/31/25			310		306,512


14

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Enbridge, Inc., 6.25%, 03/01/78^(e)	USD		1,565	$	1,389,093
Endeavor Energy Resources LP/EER Finance, Inc.^(c):
5.50%, 01/30/26			427		438,742
5.75%, 01/30/28			133		136,658
EnLink Midstream Partners LP:
4.40%, 04/01/24			240		228,961
4.15%, 06/01/25			24		21,722
4.85%, 07/15/26			213		194,428
5.05%, 04/01/45			75		57,016
5.45%, 06/01/47			208		165,912
Ensco Jersey Finance Ltd., 3.00%, 01/31/24			734		578,724
Ensco PLC, 5.75%, 10/01/44			30		18,450
EP Energy LLC/Everest Acquisition Finance, Inc.:
9.38%, 05/01/20			8		7,440
9.38%, 05/01/24^(c)			458		251,900
7.75%, 05/15/26^(c)^(g)			498		479,325
Extraction Oil & Gas, Inc.^(c):
7.38%, 05/15/24			82		72,160
5.63%, 02/01/26			537		418,860
Genesis Energy LP/Genesis Energy Finance Corp.:
6.50%, 10/01/25			95		85,975
6.25%, 05/15/26			158		139,040
Geopark Ltd., 6.50%, 09/21/24^(c)			200		190,000
Great Western Petroleum LLC/Great Western Finance, Inc., 9.00%, 09/30/21^(c)^(g)			877		806,840
Gulfport Energy Corp.:
6.63%, 05/01/23			77		74,690
6.38%, 01/15/26			113		100,853
Halcon Resources Corp., 6.75%, 02/15/25			417		320,047
Hess Corp., 4.30%, 04/01/27			50		45,703
Hess Infrastructure Partners LP/Hess Infrastructure Partners Finance Corp., 5.63%, 02/15/26^(c)			261		253,170
Impulsora Pipeline LLC, 6.05%, 12/31/42^(a)			1,500		1,465,537
Jagged Peak Energy LLC, 5.88%, 05/01/26^(c)			14		13,405
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26^(c)			112		108,360
Matador Resources Co., 5.88%, 09/15/26^(c)			387		367,650
MEG Energy Corp.^(c):
6.38%, 01/30/23			125		116,563
6.50%, 01/15/25^(g)			481		490,620
Nabors Industries, Inc., 5.75%, 02/01/25			155		125,743


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Neptune Energy Bondco PLC, 6.63%, 05/15/25^(c)	USD		200	$	188,000
New Enterprise Stone & Lime Co., Inc., 6.25%, 03/15/26^(c)			74		68,265
Newfield Exploration Co., 5.38%, 01/01/26			193		192,276
NGPL PipeCo LLC^(c):
4.88%, 08/15/27			278		265,490
7.77%, 12/15/37^(g)			354		407,100
Noble Holding International Ltd.:
7.75%, 01/15/24			192		168,000
7.88%, 02/01/26^(c)			898		837,385
5.25%, 03/15/42			118		75,520
Northern Oil and Gas, Inc., (8.75% Cash or 1.00% PIK), 9.50%, 05/15/23^(c)(h)			286		280,995
Odebrecht Offshore Drilling Finance^(c):
6.72%, 12/01/22^(b)(i)	BRL		81		75,553
7.72%, 12/01/26^(h)			8		2,256
Pacific Drilling First Lien Escrow Issuer Ltd., 8.38%, 10/01/23	USD		613		603,805
Parsley Energy LLC/Parsley Finance Corp.^(c):
6.25%, 06/01/24			73		72,818
5.38%, 01/15/25			316		302,570
5.25%, 08/15/25			77		72,765
5.63%, 10/15/27			377		358,150
PBF Holding Co. LLC/ PBF Finance Corp., 7.25%, 06/15/25			212		210,410
PDC Energy, Inc.:
1.13%, 09/15/21			888		816,328
6.13%, 09/15/24			24		23,040
5.75%, 05/15/26			151		140,808
Petrobras Global Finance BV:
6.13%, 01/17/22			114		116,932
5.30%, 01/27/25			172		162,265
8.75%, 05/23/26			176		197,648
6.00%, 01/27/28			189		177,499
Petroleos Mexicanos:
5.38%, 03/13/22			39		38,140
6.50%, 03/13/27			117		109,454
5.35%, 02/12/28^(c)			89		76,700
QEP Resources, Inc.:
6.88%, 03/01/21			68		71,315
5.38%, 10/01/22^(g)			377		375,115
5.25%, 05/01/23			18		17,190
5.63%, 03/01/26			509		466,371
Range Resources Corp.:
5.88%, 07/01/22^(g)			232		229,100
5.00%, 03/15/23			148		139,583
4.88%, 05/15/25			168		152,040
Resolute Energy Corp., 8.50%, 05/01/20			412		415,296
Rowan Cos., Inc., 4.88%, 06/01/22			234		210,600


			15

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Sanchez Energy Corp.:
7.75%, 06/15/21^(g)	USD		1,234	$	360,945
7.25%, 02/15/23^(c)			117		100,035
SESI LLC, 7.13%, 12/15/21			85		80,325
Seven Generations Energy Ltd.^(c):
6.88%, 06/30/23			326		326,000
5.38%, 09/30/25^(g)			55		51,150
SM Energy Co.:
5.00%, 01/15/24			276		256,335
5.63%, 06/01/25^(g)			386		354,155
6.75%, 09/15/26			34		32,640
6.63%, 01/15/27			23		21,965
Southwestern Energy Co.:
6.20%, 01/23/25			179		171,616
7.50%, 04/01/26			178		179,335
7.75%, 10/01/27			396		400,435
Sunoco Logistics Partners Operations LP, 3.90%, 07/15/26^(g)			235		214,556
Sunoco LP/Sunoco Finance Corp.:
4.88%, 01/15/23			331		322,725
5.50%, 02/15/26			104		99,060
5.88%, 03/15/28			124		117,335
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.^(c):
4.75%, 10/01/23			26		25,675
5.50%, 09/15/24^(g)			462		463,155
5.50%, 01/15/28^(g)			1,103		1,083,697
Targa Resources Partners LP/Targa Resources Partners Finance Corp.:
5.25%, 05/01/23			15		14,963
5.13%, 02/01/25			68		65,620
5.88%, 04/15/26^(c)			338		336,310
5.00%, 01/15/28			356		329,019
Transcontinental Gas Pipe Line Co. LLC, 4.00%, 03/15/28^(g)			280		267,955
Transocean Guardian Ltd., 5.88%, 01/15/24^(c)			177		172,575
Transocean Pontus Ltd., 6.13%, 08/01/25^(c)			211		205,725
Transocean, Inc., 7.25%, 11/01/25^(c)			320		296,000
UGI International LLC, 3.25%, 11/01/25	EUR		100		113,776
Vantage Drilling International, 9.25%, 11/15/23^(c)	USD		132		131,670
W&T Offshore, Inc., 2018 Term Loan, 9.75%, 11/01/23^(c)			122		110,410
Whiting Petroleum Corp., 6.63%, 01/15/26			124		119,350
WildHorse Resource Development Corp., 6.88%, 02/01/25			160		156,000
WPX Energy, Inc.:
6.00%, 01/15/22			44		44,110
8.25%, 08/01/23			76		83,030


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
WPX Energy, Inc. (continued):
5.25%, 09/15/24	USD		84	$	79,800
YPF SA, 8.50%, 07/28/25			250		236,063

					39,317,201

Paper & Forest Products — 0.0%
Norbord, Inc., 6.25%, 04/15/23^(c)			152		152,190


Pharmaceuticals — 2.4%
AbbVie, Inc., 3.60%, 05/14/25^(g)			695		662,977
Allergan Funding SCS, 3.45%, 03/15/22			2,460		2,405,363
Bausch Health Cos., Inc.:
5.63%, 12/01/21^(c)			258		257,677
6.50%, 03/15/22^(c)			345		355,709
5.50%, 03/01/23^(c)			481		464,766
4.50%, 05/15/23	EUR		246		272,927
5.88%, 05/15/23^(c)^(g)	USD		872		849,110
7.00%, 03/15/24^(c)			476		498,015
6.13%, 04/15/25^(c)^(g)			1,362		1,278,509
5.50%, 11/01/25^(c)^(g)			571		561,007
9.00%, 12/15/25^(c)			144		151,920
Charles River Laboratories International, Inc., 5.50%, 04/01/26^(c)			127		127,000
CVS Health Corp.^(g):
4.75%, 12/01/22			165		170,221
4.10%, 03/25/25			2,355		2,317,344
Elanco Animal Health, Inc.^(c):
4.27%, 08/28/23			130		129,016
4.90%, 08/28/28			139		139,824
Endo Dac/Endo Finance LLC/Endo Finco, Inc., 6.00%, 07/15/23^(c)^(g)			233		193,423
Endo DAC/Endo Finance LLC/Endo Finco, Inc., 5.88%, 10/15/24^(c)			205		203,592
Endo Finance LLC/Endo Finco, Inc.^(c):
7.25%, 01/15/22			121		113,135
5.38%, 01/15/23			65		53,463
Jaguar Holding Co. II/Pharmaceutical Product Development LLC, 6.38%, 08/01/23^(c)^(g)			1,179		1,168,684
MEDNAX, Inc., 6.25%, 01/15/27^(c)			86		85,656
Nidda BondCo GmbH, 7.25%, 09/30/25	EUR		100		110,271
Rossini Sarl, 6.75%, 10/30/25			184		208,369
Syneos Health, Inc./inVentiv Health, Inc./inVentiv Health Clinical, Inc., 7.50%, 10/01/24^(c)	USD		162		170,100
Synlab Bondco PLC, 6.25%, 07/01/22	EUR		100		116,049
Valeant Pharmaceuticals International, 8.50%, 01/31/27^(c)^(g)	USD		591		611,685


16

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Pharmaceuticals (continued)
Valeant Pharmaceuticals International, Inc., 9.25%, 04/01/26^(c)	USD		218	$	232,102

					13,907,914

Real Estate — 0.0%
Prologis LP, 3.75%, 11/01/25^(g)			255		252,646


Real Estate Management & Development — 0.2%
ADLER Real Estate AG:
1.88%, 04/27/23	EUR		100		107,838
2.13%, 02/06/24			100		107,099
3.00%, 04/27/26			100		107,440
Greystar Real Estate Partners LLC, 5.75%, 12/01/25^(c)	USD		174		165,300
Howard Hughes Corp., 5.38%, 03/15/25^(c)			218		206,555
Newmark Group, Inc., 6.13%, 11/15/23^(c)			106		104,164
Realogy Group LLC/Realogy Co-Issuer Corp., 4.50%, 04/15/19^(c)^(g)			301		300,624
Residomo SRO, 3.38%, 10/15/24	EUR		100		112,010

					1,211,030

Road & Rail — 0.8%
Avis Budget Finance PLC, 4.75%, 01/30/26			100		108,540
CMA CGM SA, 5.25%, 01/15/25			100		94,416
EC Finance PLC, 2.38%, 11/15/22			200		222,277
Flexi-Van Leasing, Inc., 10.00%, 02/15/23^(c)	USD		169		139,002
Herc Rentals, Inc.^(c):
7.50%, 06/01/22			112		117,320
7.75%, 06/01/24			106		112,023
Hertz Corp., 7.63%, 06/01/22^(c)			404		396,930
Hertz Holdings Netherlands BV, 5.50%, 03/30/23	EUR		100		112,627
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34^(c)^(g)	USD		3,000		2,985,030
Loxam SAS, 3.50%, 05/03/23	EUR		100		114,356
United Rentals North America, Inc.:
4.63%, 07/15/23	USD		160		159,000
4.63%, 10/15/25			383		354,639
5.88%, 09/15/26			26		25,252

					4,941,412

Semiconductors & Semiconductor Equipment — 1.0%
Advanced Micro Devices, Inc., 7.50%, 08/15/22			73		79,479
Analog Devices, Inc.^(g):
3.90%, 12/15/25			375		365,471
3.50%, 12/05/26			275		257,449
Applied Materials, Inc., 3.90%, 10/01/25^(g)			285		282,949


Security		Par (000)		Value

Semiconductors & Semiconductor Equipment (continued)
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.63%, 01/15/24^(g)	USD		1,515	$	1,432,216
Microchip Technology, Inc., 1.63%, 02/15/25^(m)			506		739,037
ON Semiconductor Corp., 1.00%, 12/01/20^(m)			498		593,361
Qorvo, Inc., 5.50%, 07/15/26^(c)			422		409,340
QUALCOMM, Inc., 3.45%, 05/20/25^(g)			1,570		1,494,628
Sensata Technologies BV^(c):
5.63%, 11/01/24			179		179,448
5.00%, 10/01/25^(g)			278		267,575

					6,100,953

Software — 1.9%
ACI Worldwide, Inc., 5.75%, 08/15/26^(c)			554		549,845
CA, Inc., 3.60%, 08/15/22^(g)			555		544,609
CDK Global, Inc., 4.88%, 06/01/27			709		661,142
Citrix Systems, Inc., 0.50%, 04/15/19^(m)			140		210,410
Genesys Telecommunications Laboratories, Inc./Greeneden Lux 3 Sarl/Greeneden US Ho, 10.00%, 11/30/24^(c)^(g)			749		808,920
Infor Software Parent LLC/Infor Software Parent, Inc., (7.13% Cash or 7.88% PIK), 7.13%, 05/01/21^(c)(g)(h)			545		543,638
Infor US, Inc., 6.50%, 05/15/22^(g)			2,303		2,291,485
Informatica LLC, 7.13%, 07/15/23^(c)^(g)			1,725		1,729,312
Nuance Communications, Inc.:
5.38%, 08/15/20^(c)^(g)			24		24,045
6.00%, 07/01/24			174		173,130
5.63%, 12/15/26			143		137,323
PTC, Inc., 6.00%, 05/15/24			227		233,243
RP Crown Parent LLC, 7.38%, 10/15/24^(c)			480		486,600
Solera LLC/Solera Finance, Inc., 10.50%, 03/01/24^(c)^(g)			1,762		1,898,555
Sophia LP/Sophia Finance, Inc., 9.00%, 09/30/23^(c)^(g)			303		312,090
TIBCO Software, Inc., 11.38%, 12/01/21^(c)^(g)			784		830,060

					11,434,407

Specialty Retail — 0.3%
Asbury Automotive Group, Inc., 6.00%, 12/15/24^(g)			334		325,232
Catalent Pharma Solutions, Inc., 4.88%, 01/15/26^(c)			324		306,990
Group 1 Automotive, Inc.:
5.00%, 06/01/22^(g)			155		151,125
5.25%, 12/15/23^(c)			18		17,415
Hexion, Inc., 6.63%, 04/15/20			109		90,061


			17

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Specialty Retail (continued)
L Brands, Inc.:
6.88%, 11/01/35^(g)	USD		401	$	339,597
6.75%, 07/01/36			71		59,108
Penske Automotive Group, Inc., 5.50%, 05/15/26			32		29,600
PVH Corp., 3.13%, 12/15/27	EUR		100		108,072
Tendam Brands SAU, 5.00%, 09/15/24			100		104,436

					1,531,636

Technology Hardware, Storage & Peripherals — 0.4%
Dell International LLC/EMC Corp.^(c)^(g):
4.42%, 06/15/21	USD		40		40,020
7.13%, 06/15/24			651		680,425
6.02%, 06/15/26			135		136,474
8.35%, 07/15/46			80		88,183
Hewlett Packard Enterprise Co., 4.90%, 10/15/25^(g)			375		376,311
Western Digital Corp., 4.75%, 02/15/26^(g)			1,099		1,005,585

					2,326,998

Textiles, Apparel & Luxury Goods — 0.0%
SMCP Group SAS, 5.88%, 05/01/23	EUR		49		57,221


Thrifts & Mortgage Finance — 0.1%
Jerrold Finco PLC, 6.25%, 09/15/21	GBP		100		126,890
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.^(c):
5.25%, 03/15/22	USD		23		22,770
5.25%, 10/01/25			284		258,440

					408,100

Transportation Infrastructure — 0.1%
Rumo Luxembourg Sarl, 7.38%, 02/09/24^(c)			293		302,083
Transurban Finance Co. Property Ltd., 4.13%, 02/02/26^(c)^(g)			435		426,660

					728,743

Utilities — 0.1%
ContourGlobal Power Holdings SA, 3.38%, 08/01/23	EUR		100		108,104
Generacion Mediterranea SA/Generacion Frias SA/Central Termica Roca SA, 9.63%, 07/27/23^(c)	USD		293		246,855
Stoneway Capital Corp., 10.00%, 03/01/27^(c)^(g)			282		253,400


Security		Par (000)		Value

Utilities (continued)
Vistra Operations Co. LLC, 5.50%, 09/01/26^(c)	USD		210	$	206,588

					814,947

Wireless Telecommunication Services — 2.3%
Comunicaciones Celulares SA Via Comcel Trust, 6.88%, 02/06/24^(c)			2,073		2,099,348
CoreCivic, Inc., 4.75%, 10/15/27			169		142,805
CyrusOne LP/CyrusOne Finance Corp., 5.38%, 03/15/27			66		64,680
Equinix, Inc., 2.88%, 10/01/25	EUR		100		109,514
Frontier Communications Corp., 8.50%, 04/01/26^(c)	USD		377		342,154
Iron Mountain, Inc., 3.00%, 01/15/25	EUR		100		109,310
Matterhorn Telecom SA, 3.88%, 05/01/22			100		111,042
Radiate Holdco LLC/Radiate Finance, Inc., 6.63%, 02/15/25^(c)	USD		215		193,500
Rogers Communications, Inc., 5.00%, 03/15/44^(g)			545		548,894
SBA Communications Corp.:
4.00%, 10/01/22			401		386,965
4.88%, 09/01/24			908		880,896
Sprint Capital Corp.:
6.90%, 05/01/19			135		136,519
8.75%, 03/15/32^(g)			552		599,610
Sprint Communications, Inc., 7.00%, 03/01/20^(c)^(g)			904		934,510
Sprint Corp.^(g):
7.88%, 09/15/23			1,290		1,357,338
7.13%, 06/15/24			1,910		1,938,650
7.63%, 02/15/25			207		212,951
7.63%, 03/01/26			863		884,575
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC, 3.36%, 03/20/23^(c)^(g)			390		385,612
T-Mobile USA, Inc.:
4.00%, 04/15/22			197		193,799
6.38%, 03/01/25			282		290,107
6.50%, 01/15/26