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 52nd Street, New York, NY 10055

 

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

 

Date of fiscal year end: 08/31/2014

 

Date of reporting period: 11/30/2013

 

Item 1 – Schedule of Investments

 
 
Consolidated Schedule of Investments November 30, 2013 (Unaudited)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

Common Stocks
Shares
  Value  
 
Auto Components — 0.0%  
Lear Corp.   807       $                        66,908  
 
Construction & Engineering — 0.0%  
USI United Subcontractors (a)   6,454   6,454  
 
Diversified Financial Services — 0.3%  
Kcad Holdings I Ltd. (a)   384,412,912   2,191,154  
 
Hotels, Restaurants & Leisure — 0.4%  
BLB Worldwide Holdings, Inc. (a)   51,947   1,272,701  
Travelport Worldwide Ltd. (a)   1,158,668   1,494,682  
       
    2,767,383  
 
Metals & Mining — 0.0%  
Euramax International (a)   234   56,088  
 
Paper & Forest Products — 0.2%  
NewPage Corp. (a)   13,780   1,171,300  
 
Software — 0.3%  
HMH Holdings/EduMedia (a)   128,441   1,990,836  
 
Total Common Stocks1.2%   8,250,123  
 
   
Asset-Backed Securities Par
(000)
     
 
Asset-Backed Securities — 6.7%  
321 Henderson Receivables I LLC, Class A (b):          
  Series 2010-2A, 4.07%, 1/15/48 USD 1,302   1,401,124  
  Series 2010-3A, 3.82%, 12/15/48   3,758   4,000,700  
ACAS CLO Ltd. (b)(c):          
  Series 2007-1A, Class A1S, 0.45%, 4/20/21   746   734,474  
  Series 2013-1A, Class D, 3.84%, 4/20/25   750   716,250  
Adirondack Park CLO Ltd., Series 2013-1A, Class D, 3.89%, 4/15/24 (b)(c)   1,750   1,680,000  
Aircraft Lease Securitisation, Ltd., Series 2007-1A, Class G3, 0.43%, 5/10/32 (b)(c)   815   778,714  
ALM Loan Funding (b)(c):          
  Series 2010-3AR, Class D, 4.49%, 11/20/20   4,000   4,000,000  
  Series 2013-7R2A, Class B, 2.86%, 4/24/24   865   837,493  
  Series 2013-7RA, Class C, 3.71%, 4/24/24   2,410   2,331,916  
  Series 2013-7RA, Class D, 5.26%, 4/24/24   1,040   956,488  
              
Asset-Backed Securities Par
(000)
  Value  
 
Asset-Backed Securities (continued)  
Atrium CDO Corp., Series 9A, Class D, 3.74%, 2/28/24 (b)(c) USD 1,100 $ 1,052,150  
Battalion CLO IV, Ltd., Series 2013-4A, Class C, 3.64%, 10/22/25 (b)(c)   500   468,300  
Capital One Multi-Asset Execution Trust, Series 4-3C, 6.63%, 4/19/17 GBP 2,650   4,415,434  
Carlyle Global Market Strategies CLO Ltd., Series 2013-1A, Class C, 4.24%, 2/14/25 (b)(c) USD 250   247,625  
CarMax Auto Owner Trust 2012-3, Series 2012-3, Class D, 2.29%, 4/15/19   2,530   2,540,269  
Cavalry CLO II, Series 2A, Class D, 4.24%, 1/17/24 (b)(c)   500   490,000  
Central Park CLO Ltd., Series 2011-1A, Class D, 3.44%, 7/23/22 (b)(c)   500   481,250  
Countrywide Asset-Backed Certificates, Series 2007-7, Class 2A2, 0.33%, 10/25/47 (c)   1,932   1,892,121  
Credit Suisse ABS Repackaging Trust, Series 2013-A, Class B, 2.50%, 1/25/30 (b)   2,883   2,703,089  
ECP CLO Ltd., Series 2013-5A, Class C, 3.74%, 1/20/25 (b)(c)   1,500   1,419,600  
Fraser Sullivan CLO VII Ltd., Series 2012-7A, Class C, 4.24%, 4/20/23 (b)(c)   1,090   1,081,171  
GSAA Trust, Series 2007-3, Class 1A2, 0.34%, 3/25/47 (c)   2,832   1,347,171  
Halcyon Loan Advisors Funding Ltd., Series 2013-1A, Class C, 3.74%, 4/15/25 (b)(c)   1,000   957,100  
Madison Park Funding XI Ltd., Series 2013-11A, Class D, 3.80%, 10/23/25 (b)(c)   420   398,832  
Neuberger Berman CLO XV, Series 2013-15A, Class C, 3.10%, 10/15/25 (b)(c)   1,000   963,780  
Octagon Investment Partners XVI Ltd., Series 2013-1A, Class D, 3.62%, 7/17/25 (b)(c)   500   470,450  
OZLM Funding Ltd., Series 2012-2A, Class C, 4.59%, 10/30/23 (b)(c)   500   495,400  
Regatta Funding LP, Series 2013-2A, Class C, 4.24%, 1/15/25 (b)(c)   500   495,350  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20131
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

                   
Asset-Backed Securities Par
(000)
  Value  
 
Asset-Backed Securities (concluded)  
Santander Consumer Acquired Receivables Trust, Series 2011-S1A, Class D, 3.15%, 8/15/16 (b) USD 1,563 $ 1,566,653  
Santander Drive Auto Receivables Trust, Series 2011-S2A (b):          
  Class B, 2.06%, 6/15/17   241   242,317  
  Class C, 2.86%, 6/15/17   250   250,933  
SLC Student Loan Trust, Series 2006-A, Class A4, 0.36%, 1/15/19 (c)   183   183,185  
World Financial Network Credit Card Master Trust, Series 2012-C, Class B, 3.57%, 8/15/22   3,000   3,071,184  
       
    44,670,523  
 
Interest Only Asset-Backed Securities — 0.2%  
Sterling Bank Trust, Series 2004-2, Class Note, 2.08%, 3/30/30 (b)   8,801   635,332  
Sterling Coofs Trust, Series 2004-1, Class A, 2.36%, 4/15/29 (b)   9,013   605,592  
       
    1,240,924  
 
Total Asset-Backed Securities6.9%   45,911,447  
 
   
Corporate Bonds        
 
   
Aerospace & Defense — 0.6%  
DigitalGlobe, Inc., 5.25%, 2/01/21 (b)(d)   928   904,800  
Huntington Ingalls Industries, Inc., 7.13%, 3/15/21 (d)   570   621,300  
Kratos Defense & Security Solutions, Inc., 10.00%, 6/01/17 (d)   1,966   2,128,195  
Meccanica Holdings USA, Inc., 6.25%, 7/15/19 (b)   339   352,503  
       
    4,006,798  
 
Airlines — 2.5%  
Air Canada Pass-Through Trust, Series 2013-1, Class C, 6.63%, 5/15/18 (b)   651   647,745  
American Airlines Pass-Through Trust, Series 2013-2 (b):          
  Class A, 4.95%, 7/15/24 (d)   3,250   3,404,375  
  Class B, 5.60%, 1/15/22   755   757,831  
Continental Airlines Pass-Through Trust, Series 2012-3, Class C, 6.13%, 4/29/18 (d)   2,090   2,163,150  
            
Corporate Bonds Par
(000)
  Value  
 
Airlines (concluded)  
Continental Airlines, Inc., 6.75%, 9/15/15 (b)(d) USD 1,350 $ 1,387,125  
Delta Air Lines Pass-Through Trust, Series 2009-1, Class B, 9.75%, 6/17/18   234   264,932  
United Continental Holdings, Inc., 6.00%, 12/01/20   950   945,250  
US Airways Pass-Through Trust, Class C (d):          
  Series 2011-1, 10.88%, 10/22/14   847   887,267  
  Series 2012-1, 9.13%, 10/01/15   2,115   2,220,757  
Virgin Australia Trust (b):          
  Series 2013-1A, 5.00%, 10/23/23   800   817,697  
  Series 2013-1B, 6.00%, 10/23/20   1,700   1,742,500  
  Series 2013-1, Class C, 7.13%, 10/23/18   1,240   1,244,550  
       
    16,483,179  
 
Auto Components — 1.0%  
Affinia Group, Inc., 7.75%, 5/01/21 (b)(d)   1,095   1,144,275  
Brighthouse Group PLC, 7.88%, 5/15/18 GBP 100   168,539  
GKN Holdings PLC, 5.38%, 9/19/22   120   207,989  
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 8.00%, 1/15/18 USD 610   636,687  
Jaguar Land Rover Automotive PLC, 8.25%, 3/15/20 GBP 554   1,022,090  
Pittsburgh Glass Works LLC, 8.00%, 11/15/18 (b) USD 445   462,800  
Rhino Bondco SpA, 7.25%, 11/15/20 EUR 110   151,538  
Schaeffler Holding Finance BV (e):          
  6.88%, 8/15/18 (b)(d) USD 1,085   1,155,525  
  6.88%, 8/15/18 EUR 375   543,690  
Servus Luxembourg Holdings SCA, 7.75%, 6/15/18   342   486,384  
Titan International, Inc., 6.88%, 10/01/20 (b) USD 555   573,038  
       
    6,552,555  
 
Automobiles — 0.5%  
Ford Motor Co., 4.25%,  11/15/16 (f)   434   878,036  

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20132
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

                   
Corporate Bonds Par
(000)
  Value  
 
Automobiles (concluded)  
General Motors Co., 3.50%, 10/02/18 (b)(d) USD 2,478 $ 2,524,463  
       
    3,402,499  
 
Beverages — 0.0%  
Constellation Brands, Inc., 7.25%, 5/15/17   82   95,018  
 
Building Products — 1.2%  
American Builders & Contractors Supply Co., Inc., 5.63%, 4/15/21 (b)   415   420,188  
Builders FirstSource, Inc., 7.63%, 6/01/21 (b)(d)   890   923,375  
Building Materials Corp. of  America (b)(d):          
  7.00%, 2/15/20   1,345   1,445,875  
  6.75%, 5/01/21   1,030   1,109,825  
CPG Merger Sub LLC, 8.00%, 10/01/21 (b)(d)   1,030   1,073,775  
Momentive Performance Materials, Inc., 8.88%, 10/15/20   530   557,825  
Texas Industries, Inc., 9.25%, 8/15/20   523   573,992  
USG Corp., 9.75%, 1/15/18 (d)   1,390   1,626,300  
       
    7,731,155  
 
Capital Markets — 0.4%  
American Capital Ltd., 6.50%, 9/15/18 (b)(d)   975   1,010,344  
E*Trade Financial Corp., 0.00%, 8/31/19 (b)(f)(g)   249   431,392  
KCG Holdings, Inc., 8.25%, 6/15/18 (b)   240   246,900  
SteelRiver Transmission Co. LLC, 4.71%, 6/30/17 (b)(d)   1,097   1,139,615  
       
    2,828,251  
 
Chemicals — 1.4%  
Ashland, Inc., 3.88%, 4/15/18 (d)   675   678,375  
Chemtura Corp., 5.75%, 7/15/21   200   202,500  
Huntsman International LLC, 8.63%, 3/15/21 (d)   655   733,600  
INEOS Finance PLC, 7.50%, 5/01/20 (b)(d)   445   487,275  
INEOS Group Holdings SA:          
  6.13%, 8/15/18 (b)   680   684,250  
  6.50%, 8/15/18 EUR 328   452,916  
LSB Industries, Inc., 7.75%, 8/01/19 (b) USD 301   313,793  
Nufarm Australia Ltd., 6.38%, 10/15/19 (b)(d)   320   331,200  
            
Corporate Bonds Par
(000)
  Value  
 
Chemicals (concluded)  
Orion Engineered Carbons Bondco GmbH, 9.63%, 6/15/18 (b)(d) USD 898 $ 992,290  
PetroLogistics LP/PetroLogistics Finance Corp., 6.25%,  4/01/20 (b)   260   260,975  
Rockwood Specialties Group, Inc., 4.63%, 10/15/20 (d)   3,175   3,262,312  
Solvay Finance SA, 4.20% (c)(h) EUR 360   494,451  
US Coatings Acquisition, Inc./Axalta Coating Systems Dutch Holding B BV:          
  5.75%, 2/01/21   200   281,978  
  7.38%, 5/01/21 (b) USD 398   421,880  
       
    9,597,795  
 
Commercial Banks — 2.3%  
BNP Paribas SA, 2.38%,  9/14/17 (d)   3,225   3,310,572  
CIT Group, Inc. (d):          
  5.00%, 5/15/17   890   950,075  
  5.50%, 2/15/19 (b)   1,370   1,476,175  
HSBC Bank PLC, 3.10%,  5/24/16 (b)(d)   2,560   2,694,817  
HSBC Holdings PLC, 6.25%, 3/19/18 EUR 1,000   1,587,823  
ING Bank NV, 2.00%,  9/25/15 (b)(d) USD 3,245   3,296,660  
Lloyds Bank PLC, 11.88%, 12/16/21 (c) EUR 52   87,616  
Nordea Bank AB, 4.50%, 3/26/20   1,020   1,526,626  
       
    14,930,364  
 
Commercial Services & Supplies — 1.6%  
AA Bond Co., Ltd., 9.50%, 7/31/43 GBP 200   357,531  
ACCO Brands Corp., 6.75%, 4/30/20 USD 100   99,625  
ADS Waste Holdings, Inc., 8.25%, 10/01/20 (b)   292   308,790  
The ADT Corp., 6.25%,  10/15/21 (b)   401   418,544  
ARAMARK Corp., 5.75%,  3/15/20 (b)(d)   712   742,260  
Aviation Capital Group Corp., 4.63%, 1/31/18 (b)(d)   1,000   1,023,961  
Bilbao Luxembourg SA, 10.50%, 12/01/18 (e) EUR 100   133,162  
Brand Energy & Infrastructure Services, Inc., 8.50%,  12/01/21 (b) USD 617   629,340  
Brickman Group Holdings, Inc., 9.13%, 11/01/18 (b)   63   67,337  

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20133
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

                   
Corporate Bonds Par
(000)
  Value  
 
Commercial Services & Supplies (concluded)  
Catalent Pharma Solutions, Inc., 7.88%, 10/15/18 USD 306 $ 311,355  
Covanta Holding Corp., 6.38%, 10/01/22   100   103,047  
EC Finance PLC, 9.75%, 8/01/17 EUR 100   148,449  
Interactive Data Corp., 10.25%, 8/01/18 (d) USD 2,210   2,489,123  
Mobile Mini, Inc., 7.88%, 12/01/20 (d)   915   1,008,787  
United Rentals North America,  Inc. (d):          
  5.75%, 7/15/18   494   530,433  
  7.63%, 4/15/22   1,518   1,700,160  
Verisure Holding AB:          
  8.75%, 9/01/18 EUR 199   296,090  
  8.75%, 12/01/18   111   162,214  
West Corp., 8.63%, 10/01/18 USD 165   179,644  
       
    10,709,852  
 
Communications Equipment — 2.0%  
ADC Telecommunications, Inc., 3.50%, 7/15/15 (d)(f)   6,670   6,753,375  
Alcatel-Lucent USA, Inc., 6.75%, 11/15/20 (b)(d)   1,770   1,785,487  
Avaya, Inc., 7.00%, 4/01/19 (b)   437   424,983  
CommScope Holding Co., Inc., 6.63%, 6/01/20 (b)(e)   605   626,175  
Zayo Group LLC/Zayo Capital, Inc. (d):          
  8.13%, 1/01/20   1,800   1,984,500  
  10.13%, 7/01/20   1,460   1,686,300  
       
    13,260,820  
 
Construction & Engineering — 0.1%  
Astaldi SpA, 7.13%, 12/01/20 EUR 215   303,623  
Safway Group Holding LLC/Safway Finance Corp., 7.00%,  5/15/18 (b) USD 258   270,255  
Weekley Homes LLC/Weekley Finance Corp., 6.00%,  2/01/23 (b)   320   307,200  
       
    881,078  
 
Construction Materials — 1.5%  
Buzzi Unicem SpA, 6.25%, 9/28/18 EUR 154   234,445  
HD Supply, Inc.:          
  8.13%, 4/15/19 (d) USD 4,285   4,783,131  
  11.00%, 4/15/20 (d)   770   914,375  
  7.50%, 7/15/20 (d)   2,696   2,857,760  
  11.50%, 7/15/20   335   400,325  
              
Corporate Bonds Par
(000)
  Value  
 
Construction Materials (concluded)  
HeidelbergCement Finance Luxembourg SA, 7.50%, 4/03/20 EUR 64 $ 106,313  
Lafarge SA, 4.75%, 9/30/20   245   348,899  
       
    9,645,248  
 
Consumer Finance — 0.7%  
Ford Motor Credit Co. LLC (d):          
  3.88%, 1/15/15 USD 2,475   2,558,133  
  7.00%, 4/15/15   400   432,855  
Hyundai Capital America, 3.75%, 4/06/16 (b)(d)   1,285   1,347,729  
IVS F. SpA, 7.13%, 4/01/20 EUR 235   328,099  
Springleaf Finance Corp. (b):          
  7.75%, 10/01/21 USD 52   55,250  
  8.25%, 10/01/23   94   101,050  
       
    4,823,116  
 
Containers & Packaging — 0.3%  
Ardagh Packaging Finance PLC:          
  7.38%, 10/15/17 EUR 100   145,392  
  5.00%, 11/15/22   260   350,639  
Berry Plastics Corp., 9.75%, 1/15/21 USD 290   337,487  
Beverage Packaging Holdings Luxembourg II SA, 8.00%, 12/15/16 EUR 274   372,311  
Crown Americas LLC/Crown Americas Capital Corp. III, 6.25%, 2/01/21 (d) USD 144   155,520  
OI European Group BV, 4.88%, 3/31/21 EUR 311   442,280  
       
    1,803,629  
 
Distributors — 0.1%  
VWR Funding, Inc., 7.25%, 9/15/17 (d) USD 874   935,180  
 
Diversified Consumer Services — 0.6%  
APX Group, Inc.:          
  6.38%, 12/01/19   566   571,660  
  8.75%, 12/01/20 (d)   1,387   1,425,143  
Garda World Security Corp., 7.25%, 11/15/21 (b)   275   279,125  
Laureate Education, Inc., 9.25%, 9/01/19 (b)(d)   1,460   1,598,700  
       
    3,874,628  
 
Diversified Financial Services — 3.7%  
Aircastle Ltd., 6.25%, 12/01/19 (d)   367   396,360  
Ally Financial, Inc. (d):          
  8.30%, 2/12/15   2,460   2,656,800  
  8.00%, 11/01/31   2,766   3,282,600  

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20134
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

 

                   
Corporate Bonds Par
(000)
  Value  
 
Diversified Financial Services (concluded)  
Citigroup, Inc., 5.95% (c)(d)(h) USD 1,370 $ 1,279,237  
Co-Operative Group Ltd.:          
  6.88%, 7/08/20 GBP 300   499,476  
  7.50%, 7/08/26 (i)   600   997,500  
DPL, Inc.:          
  6.50%, 10/15/16 USD 70   75,600  
  7.25%, 10/15/21   185   188,700  
Gala Group Finance PLC, 8.88%, 9/01/18 GBP 700   1,231,315  
The Goldman Sachs Group, Inc., 3.30%, 5/03/15 (d) USD 3,285   3,395,103  
Jefferies Finance LLC/JFIN Co-Issuer Corp., 7.38%, 4/01/20 (b)(d)   585   606,206  
Jefferies LoanCore LLC/JLC Finance Corp., 6.88%, 6/01/20 (b)   567   559,913  
Leucadia National Corp., 8.13%, 9/15/15 (d)   1,870   2,075,700  
Macquarie Bank Ltd., 10.25%, 6/20/57 (c)   1,450   1,631,250  
Reynolds Group Issuer, Inc.:          
  7.13%, 4/15/19 (d)   1,294   1,384,580  
  9.00%, 4/15/19   180   192,600  
  9.88%, 8/15/19   535   593,850  
  5.75%, 10/15/20 (d)   800   820,000  
  6.88%, 2/15/21 (d)   820   885,600  
WMG Acquisition Corp.:          
  11.50%, 10/01/18   753   871,598  
  6.00%, 1/15/21 (b)(d)   841   876,743  
       
    24,500,731  
 
Diversified Telecommunication Services — 3.9%  
CenturyLink, Inc., Series V, 5.63%, 4/01/20 (d)   906   921,855  
Level 3 Communications, Inc., 8.88%, 6/01/19   735   805,744  
Level 3 Financing, Inc.:          
  4.15%, 2/15/15 (c)(d)   1,725   1,725,949  
  3.83%, 1/15/18 (b)(c)   411   414,082  
  8.13%, 7/01/19 (d)   3,083   3,375,885  
  7.00%, 6/01/20   495   524,700  
  6.13%, 1/15/21 (b)(d)   1,682   1,707,230  
Telecom Italia SpA:          
  6.38%, 6/24/19 GBP 200   339,107  
  4.88%, 9/25/20 EUR 220   300,606  
  5.88%, 5/19/23 GBP 450   698,425  
  Series TIT, 6.13%, 11/15/16 EUR 300   417,464  
Telenet Finance V Luxembourg SCA:          
  6.25%, 8/15/22   271   388,562  
  6.75%, 8/15/24   397   570,300  
Verizon Communications, Inc., 3.65%, 9/14/18 (d) USD 13,000   13,821,418  
            
Corporate Bonds Par
(000)
  Value  
 
Diversified Telecommunication Services (concluded)  
Windstream Corp., 7.75%, 10/15/20 USD 46 $ 49,220  
       
    26,060,547  
 
Electric Utilities — 0.2%  
Homer City Generation LP (e):          
  8.14%, 10/01/19   345   356,213  
  8.73%, 10/01/26   495   508,612  
Mirant Mid Atlantic Pass-Through Trust B, Series B, 9.13%, 6/30/17 (d)   538   568,212  
       
    1,433,037  
 
Electrical Equipment — 0.4%  
Belden, Inc., 5.50%, 4/15/23 EUR 140   186,427  
Pentair Finance SA, 1.88%, 9/15/17 (d) USD 371   369,485  
Rexel SA, 5.13%, 6/15/20 EUR 439   632,304  
Techem GmbH:          
  6.13%, 10/01/19   300   442,290  
  7.88%, 10/01/20   106   160,597  
Trionista Holdco GmbH, 5.00%, 4/30/20   410   565,521  
Trionista TopCo GmbH, 6.88%, 4/30/21   100   142,144  
       
    2,498,768  
 
Energy Equipment & Services — 1.9%  
Calfrac Holdings LP, 7.50%, 12/01/20 (b)(d) USD 503   509,287  
CGG, 7.75%, 5/15/17 (d)   330   339,488  
Gulfmark Offshore, Inc., 6.38%, 3/15/22 (d)   185   187,775  
Hornbeck Offshore Services, Inc., 5.88%, 4/01/20 (d)   375   386,250  
MEG Energy Corp. (b)(d):          
  6.50%, 3/15/21   358   372,320  
  7.00%, 3/31/24   864   881,280  
Oil States International, Inc. (d):          
  6.50%, 6/01/19   1,614   1,716,892  
  5.13%, 1/15/23   908   1,019,230  
Peabody Energy Corp. (d):          
  6.00%, 11/15/18   1,004   1,066,750  
  6.25%, 11/15/21   991   1,013,297  
Rain CII Carbon LLC/CII Carbon Corp., 8.25%, 1/15/21 (b)(d)   535   548,375  
Seadrill Ltd., 5.63%, 9/15/17 (b)   2,320   2,383,800  
Transocean, Inc. (d):          
  4.95%, 11/15/15   1,040   1,116,537  
  5.05%, 12/15/16   180   198,624  
  2.50%, 10/15/17   725   735,502  

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20135
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

 

                   
Corporate Bonds Par
(000)
  Value  
 
Energy Equipment & Services (concluded)  
Transocean, Inc. (d) (concluded):          
  6.00%, 3/15/18 USD 230 $ 260,504  
       
    12,735,911  
 
Food & Staples Retailing — 0.8%  
Bakkavor Finance 2 PLC:          
  8.25%, 2/15/18 GBP 312   544,986  
  8.75%, 6/15/20   200   357,532  
Brakes Capital, 7.13%, 12/15/18   1,655   2,700,223  
R&R Ice Cream PLC, 9.25%, 5/15/18 (e) EUR 314   439,463  
Rite Aid Corp., 9.25%, 3/15/20 (d) USD 1,095   1,263,356  
       
    5,305,560  
 
Food Products — 0.3%  
Findus Bondco SA:          
  9.13%, 7/01/18 EUR 187   278,235  
  9.50%, 7/01/18 GBP 100   177,538  
Post Holdings, Inc., 6.75%, 12/01/21 (b) USD 252   257,040  
Smithfield Foods, Inc., 6.63%, 8/15/22 (d)   783   827,044  
Sun Merger Sub, Inc. (b):          
  5.25%, 8/01/18   207   216,315  
  5.88%, 8/01/21   193   199,755  
Univeg Holding BV, 7.88%, 11/15/20 EUR 135   182,521  
       
    2,138,448  
 
Gas Utilities — 0.2%  
Targa Resources Partners LP/Targa Resources Partners Finance Corp., 7.88%, 10/15/18 (d) USD 1,515   1,643,775  
 
Health Care Equipment & Supplies — 1.1%  
Biomet, Inc. (d):          
  6.50%, 8/01/20   1,720   1,823,200  
  6.50%, 10/01/20   418   434,720  
CareFusion Corp., 5.13%,  8/01/14 (d)   3,000   3,087,651  
DJO Finance LLC/DJO Finance Corp., 8.75%, 3/15/18 (d)   413   452,235  
IDH Finance PLC, 6.00%, 12/01/18 GBP 113   187,213  
Kinetic Concepts, Inc./KCI USA, Inc., 12.50%, 11/01/19 USD 328   362,440  
Teleflex, Inc., 6.88%, 6/01/19 (d)   675   708,750  
       
    7,056,209  
 
          
Corporate Bonds Par
(000)
  Value  
 
Health Care Providers & Services — 1.7%  
Aviv Healthcare Properties LP/Aviv Healthcare Capital Corp.:          
  7.75%, 2/15/19 (d) USD 995 $ 1,069,625  
  6.00%, 10/15/21 (b)   232   237,800  
CHS/Community Health Systems, Inc., 5.13%, 8/15/18 (d)   490   509,600  
Crown Newco 3 PLC, 7.00%, 2/15/18 GBP 441   755,343  
HCA, Inc. (d):          
  7.88%, 2/15/20 USD 1,896   2,045,310  
  7.25%, 9/15/20   711   776,768  
Hologic, Inc., 6.25%, 8/01/20 (d)   1,289   1,359,895  
LifePoint Hospitals, Inc., 5.50%, 12/01/21 (b)(j)   240   241,200  
Tenet Healthcare Corp.:          
  6.25%, 11/01/18 (d)   1,134   1,241,730  
  8.00%, 8/01/20 (d)   775   844,750  
  6.00%, 10/01/20 (b)   461   481,745  
  8.13%, 4/01/22 (d)   1,198   1,299,830  
Voyage Care Bondco PLC, 6.50%, 8/01/18 GBP 355   589,600  
       
    11,453,196  
 
Health Care Technology — 0.8%  
IMS Health, Inc., 12.50%,  3/01/18 (b)(d) USD 4,300   5,074,000  
 
Hotels, Restaurants & Leisure — 4.1%  
Carlson Wagonlit BV, 6.88%, 6/15/19 (b)(d)   370   382,950  
Cirsa Funding Luxembourg SA, 8.75%, 5/15/18 EUR 355   507,699  
Enterprise Funding Ltd., Series ETI, 3.50%, 9/10/20 (f) GBP 100   169,030  
Enterprise Inns PLC, 6.50%, 12/06/18   926   1,575,822  
Gategroup Finance Luxembourg SA, 6.75%, 3/01/19 EUR 290   415,757  
GLP Capital LP/GLP Financing II, Inc. (b):          
  4.38%, 11/01/18 USD 357   364,140  
  4.88%, 11/01/20   458   456,855  
Intralot Finance Luxembourg SA, 9.75%, 8/15/18 EUR 480   706,848  
Isle of Capri Casinos, Inc.:          
  7.75%, 3/15/19 USD 70   74,900  
  5.88%, 3/15/21   294   285,180  
MCE Finance Ltd., 5.00%, 2/15/21 (b)(d)   941   910,418  
Playa Resorts Holding BV, 8.00%, 8/15/20 (b)   165   173,250  
PNK Finance Corp., 6.38%, 8/01/21 (b)   518   534,835  

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20136
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

 

                   
Corporate Bonds Par
(000)
  Value  
 
Hotels, Restaurants & Leisure (concluded)  
Six Flags Entertainment Corp., 5.25%, 1/15/21 (b)(d) USD 576 $ 564,480  
Snai SpA, 7.63%, 6/15/18 EUR 205   283,150  
Spirit Issuer PLC (c):          
  Series A1, 1.07%, 12/28/28 GBP 655   876,177  
  Series A2, 3.22%, 12/28/31   1,800   2,577,172  
  Series A5, 5.47%, 12/28/28   4,500   6,792,689  
  Series A6, 2.32%, 12/28/36   2,670   4,008,484  
Station Casinos LLC, 7.50%, 3/01/21 (d) USD 2,245   2,396,538  
Travelport LLC/Travelport Holdings, Inc., 11.88%,  9/01/16 (b)   78   78,404  
Tropicana Entertainment LLC/Tropicana Finance Corp., 9.63%, 12/15/14 (a)(k)   375    
The Unique Pub Finance Co. PLC:          
  Series A3, 6.54%, 3/30/21 GBP 400   682,337  
  Series A4, 5.66%, 6/30/27   822   1,318,210  
Vougeot Bidco PLC, 7.88%, 7/15/20   218   378,116  
Wynn Macau Ltd., 5.25%, 10/15/21 (b)(d) USD 428   432,280  
       
    26,945,721  
 
Household Durables — 1.4%  
Algeco Scotsman Global Finance PLC, 9.00%, 10/15/18 EUR 530   784,979  
Ashton Woods USA LLC/Ashton Woods Finance Co., 6.88%, 2/15/21 (b)(d) USD 510   499,800  
Beazer Homes USA, Inc., 6.63%, 4/15/18 (d)   910   978,250  
Berkline/Benchcraft LLC, 4.50%, 11/03/14 (a)(k)   200    
Brookfield Residential Properties, Inc., 6.50%, 12/15/20 (b)(d)   925   964,313  
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.13%, 7/01/22 (b)   259   257,705  
K. Hovnanian Enterprises, Inc., 7.25%, 10/15/20 (b)(d)   2,130   2,252,475  
KB Home, 7.25%, 6/15/18 (d)   880   963,600  
Libbey Glass, Inc., 6.88%, 5/15/20 (d)   226   241,255  
Spie BondCo 3 SCA, 11.00%, 8/15/19 EUR 248   382,475  
Standard Pacific Corp., 8.38%, 1/15/21 (d) USD 1,000   1,150,000  
            
Corporate Bonds Par
(000)
  Value  
 
Household Durables (concluded)  
Taylor Morrison Communities, Inc./Monarch Communities, Inc., 5.25%, 4/15/21 (b) USD 597 $ 576,105  
       
    9,050,957  
 
Household Products — 0.2%  
Ontex IV SA, 9.00%, 4/15/19 EUR 353   518,787  
Spectrum Brands Escrow Corp. (b):          
  6.38%, 11/15/20 USD 250   266,250  
  6.63%, 11/15/22   285   303,525  
       
    1,088,562  
 
Independent Power Producers & Energy Traders — 1.9%  
AES Corp., 7.75%, 10/15/15 (d)   972   1,074,060  
Calpine Corp. (b):          
  7.50%, 2/15/21   147   160,230  
  6.00%, 1/15/22   143   146,933  
  5.88%, 1/15/24   438   435,810  
Energy Future Intermediate Holding Co. LLC/EFIH Finance, Inc.:          
  6.88%, 8/15/17 (b)   625   640,625  
  10.00%, 12/01/20   390   414,375  
  10.00%, 12/01/20 (b)(d)   2,105   2,231,300  
  12.25%, 3/01/22 (b)   3,408   3,953,280  
GenOn REMA LLC:          
  Series B, 9.24%, 7/02/17   247   254,213  
  Series C, 9.68%, 7/02/26 (d)   1,001   1,031,030  
Laredo Petroleum, Inc.:          
  9.50%, 2/15/19   630   702,450  
  7.38%, 5/01/22   515   557,487  
NRG Energy, Inc., 7.63%,  1/15/18 (d)   913   1,040,820  
       
    12,642,613  
 
Insurance — 1.8%  
Allied World Assurance Co., Ltd., 7.50%, 8/01/16 (d)   3,000   3,473,064  
American International Group, Inc., 3.00%, 3/20/15 (d)   3,120   3,212,764  
CNO Financial Group, Inc., 6.38%, 10/01/20 (b)(d)   304   325,280  
Forethought Financial Group, Inc., 8.63%, 4/15/21 (b)(d)   750   826,300  
Galaxy Bidco Ltd., 6.38%, 11/15/20 GBP 100   163,630  
Hockey Merger Sub 2, Inc., 7.88%, 10/01/21 (b) USD 255   263,606  
Liberty Mutual Group, Inc., 7.00%, 3/15/37 (b)(c)(d)   1,575   1,638,000  
MPL 2 Acquisition Canco, Inc., 9.88%, 8/15/18 (b)   595   614,338  

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20137
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

 

                   
Corporate Bonds Par
(000)
  Value  
 
Insurance (concluded)  
Muenchener Rueckversicherungs AG, 6.00%, 5/26/41 (c) EUR 400 $ 637,536  
TMF Group Holding BV, 9.88%, 12/01/19 (c)   310   454,927  
       
    11,609,445  
 
Internet Software & Services — 0.1%  
Cerved Group SpA:          
  6.38%, 1/15/20   100   143,989  
  8.00%, 1/15/21   100   144,237  
Equinix, Inc., 4.88%, 4/01/20 USD 139   138,652  
IAC/InterActiveCorp, 4.88%, 11/30/18 (b)   495   505,519  
       
    932,397  
 
IT Services — 2.3%  
Ceridian Corp., 8.88%,  7/15/19 (b)(d)   1,395   1,612,969  
Ceridian HCM Holding, Inc., 11.00%, 3/15/21 (b)(d)   1,004   1,159,620  
Epicor Software Corp., 8.63%, 5/01/19 (d)   1,260   1,370,250  
First Data Corp. (b):          
  7.38%, 6/15/19 (d)   1,775   1,899,250  
  6.75%, 11/01/20 (d)   1,250   1,309,375  
  11.75%, 8/15/21   582   603,825  
SunGard Data Systems, Inc., 6.63%, 11/01/19 (d)   1,040   1,085,500  
The Western Union Co. (d):          
  2.88%, 12/10/17   4,000   4,105,212  
  3.35%, 5/22/19   1,650   1,665,008  
WEX, Inc., 4.75%, 2/01/23 (b)(d)   550   507,375  
       
    15,318,384  
 
Machinery — 0.0%  
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc., 8.75%, 2/01/19 (b)   167   170,340  
 
Media — 4.0%  
Adria Bidco BV, 7.88%, 11/15/20 EUR 140   190,470  
AMC Networks, Inc., 7.75%, 7/15/21 (d) USD 865   973,125  
Cengage Learning Acquisitions, Inc., 11.50%, 4/15/20 (a)(b)(k)   509   394,475  
Checkout Holding Corp., 10.72%, 11/15/15 (b)(d)(g)   1,056   860,640  
Clear Channel Communications, Inc., 9.00%, 3/01/21   1,311   1,324,110  
Clear Channel Worldwide Holdings, Inc.:          
  7.63%, 3/15/20 (d)   677   714,235  
  6.50%, 11/15/22 (d)   965   993,950  
  6.50%, 11/15/22   213   220,455  
              
Corporate Bonds Par
(000)
  Value  
 
Media (continued)  
DIRECTV Holdings LLC / DIRECTV Financing Co., Inc., 3.13%, 2/15/16 (d) USD 3,000 $ 3,128,679  
DISH DBS Corp. (d):          
  7.13%, 2/01/16   200   221,000  
  4.25%, 4/01/18   1,330   1,353,275  
DreamWorks Animation SKG, Inc., 6.88%, 8/15/20 (b)   305   324,063  
Gannett Co., Inc. (b):          
  5.13%, 10/15/19   197   203,156  
  5.13%, 7/15/20   218   222,360  
  6.38%, 10/15/23   304   316,920  
Gray Television, Inc., 7.50%, 10/01/20 (b)(d)   428   450,470  
Intelsat Jackson Holdings SA:          
  7.25%, 10/15/20 (d)   1,660   1,813,550  
  5.50%, 8/01/23 (b)   515   493,112  
Intelsat Luxembourg SA, 6.75%, 6/01/18 (b)(d)   910   953,225  
Live Nation Entertainment, Inc., 7.00%, 9/01/20 (b)   185   199,800  
The McClatchy Co., 9.00%, 12/15/22   330   358,050  
MDC Partners, Inc., 6.75%, 4/01/20 (b)   493   512,720  
Midcontinent Communications & Midcontinent Finance Corp., 6.25%, 8/01/21 (b)   245   248,675  
NAI Entertainment Holdings/NAI Entertainment Holdings Finance Corp., 5.00%, 8/01/18 (b)   345   356,212  
RCN Telecom Services LLC/RCN Capital Corp., 8.50%,  8/15/20 (b)   580   585,800  
Sirius XM Holdings, Inc. (b):          
  5.88%, 10/01/20   342   352,688  
  5.75%, 8/01/21   424   429,300  
  4.63%, 5/15/23   311   277,568  
Sterling Entertainment Corp., 10.00%, 12/15/19   1,175   1,175,000  
Townsquare Radio LLC / Townsquare Radio, Inc., 9.00%, 4/01/19 (b)(d)   789   848,175  
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH:          
  7.50%, 3/15/19   1,440   1,566,000  
  5.63%, 4/15/23 EUR 104   142,409  
Univision Communications, Inc., 6.75%, 9/15/22 (b)(d) USD 286   314,600  
Virgin Media Secured Finance PLC:          
  6.50%, 1/15/18 (d)   1,000   1,036,250  
  6.00%, 4/15/21 GBP 1,274   2,141,974  
Ziggo BV, 3.63%, 3/27/20 EUR 455   618,254  

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20138
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

 

                   
Corporate Bonds Par
(000)
  Value  
 
Media (concluded)  
Ziggo Finance BV, 6.13%, 11/15/17 EUR  100 $ 140,293  
       
    26,455,038  
 
Metals & Mining — 2.0%  
APERAM (b):          
  7.38%, 4/01/16 USD 150   154,875  
  7.75%, 4/01/18   150   154,875  
ArcelorMittal:          
  9.50%, 2/15/15 (d)   1,910   2,081,900  
  4.25%, 8/05/15 (d)   738   763,830  
  5.00%, 2/25/17   343   364,009  
  6.13%, 6/01/18 (d)   498   540,953  
Eco-Bat Finance PLC, 7.75%, 2/15/17 EUR 495   703,714  
Glencore Funding LLC, 1.70%, 5/27/16 (b)(d) USD 2,450   2,454,246  
Global Brass & Copper, Inc., 9.50%, 6/01/19 (d)   695   776,662  
Kaiser Aluminum Corp., 8.25%, 6/01/20 (d)   510   577,575  
Novelis, Inc., 8.75%, 12/15/20 (d)   2,375   2,660,000  
Perstorp Holding AB, 8.75%, 5/15/17 (b)   290   310,300  
Steel Dynamics, Inc., 6.38%, 8/15/22   555   603,563  
Wise Metals Group LLC/Wise Alloys Finance Corp., 8.75%, 12/15/18 (b)(j)   1,301   1,336,777  
       
    13,483,279  
 
Multiline Retail — 0.5%  
Dollar General Corp., 1.88%, 4/15/18 (d)   2,133   2,087,943  
Dufry Finance SCA, 5.50%, 10/15/20 (b)(d)   557   573,710  
The Neiman Marcus Group, Inc., 8.00%, 10/15/21 (b)(d)   856   879,540  
       
    3,541,193  
 
Oil, Gas & Consumable Fuels — 3.7%  
Access Midstream Partners LP/ACMP Finance Corp., 4.88%, 5/15/23   455   445,900  
Alpha Natural Resources, Inc., 6.25%, 6/01/21   209   179,218  
Antero Resources Finance Corp., 5.38%, 11/01/21 (b)(d)   774   781,740  
Athlon Holdings LP/Athlon Finance Corp., 7.38%, 4/15/21 (b)   254   266,065  
Bonanza Creek Energy, Inc., 6.75%, 4/15/21   95   100,463  
            
Corporate Bonds Par
(000)
  Value  
 
Oil, Gas & Consumable Fuels (continued)  
Chaparral Energy, Inc., 7.63%, 11/15/22 USD 305 $ 330,162  
Concho Resources, Inc., 6.50%, 1/15/22 (d)   221   239,232  
CONSOL Energy, Inc., 8.25%, 4/01/20 (d)   1,890   2,055,375  
EP Energy LLC/Everest Acquisition Finance, Inc., Series WI, 6.88%, 5/01/19 (d)   630   678,825  
Holly Energy Partners LP/Holly Energy Finance Corp., 6.50%, 3/01/20 (d)   215   225,212  
Kinder Morgan Finance Co. LLC, 6.00%, 1/15/18 (b)(d)   1,285   1,412,860  
Kinder Morgan, Inc., 5.63%, 11/15/23 (b)   662   651,280  
Kodiak Oil & Gas Corp., 8.13%, 12/01/19 (d)   1,470   1,628,025  
Lightstream Resources Ltd., 8.63%, 2/01/20 (b)   379   377,105  
Linn Energy LLC/Linn Energy Finance Corp.:          
  8.63%, 4/15/20 (d)   903   966,210  
  7.75%, 2/01/21   215   223,063  
Memorial Production Partners LP/Memorial Production Finance Corp., 7.63%, 5/01/21   344   353,460  
Oasis Petroleum, Inc.:          
  7.25%, 2/01/19   380   409,450  
  6.50%, 11/01/21   410   442,800  
  6.88%, 3/15/22 (b)   479   514,925  
Offshore Group Investment Ltd., 7.13%, 4/01/23   656   675,680  
PBF Holding Co. LLC/PBF Finance Corp., 8.25%, 2/15/20   202   212,100  
Penn Virginia Resource Partners LP/Penn Virginia Resource Finance Corp. II, 8.38%, 6/01/20   351   387,855  
Petrobras Global Finance BV, 3.00%, 1/15/19 (d)   768   729,436  
Range Resources Corp. (d):          
  6.75%, 8/01/20   815   884,275  
  5.75%, 6/01/21   161   171,666  
RKI Exploration & Production LLC/RKI Finance Corp., 8.50%, 8/01/21 (b)   143   149,435  
Rosetta Resources, Inc., 5.63%, 5/01/21   379   380,421  
Sabine Pass Liquefaction LLC, 5.63%, 4/15/23 (b)(d)   754   714,415  
Sabine Pass LNG LP, 7.50%, 11/30/16 (d)   3,110   3,514,300  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 20139
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

                   
Corporate Bonds Par
(000)
  Value  
 
Oil, Gas & Consumable Fuels (concluded)  
SandRidge Energy, Inc.:          
  8.75%, 1/15/20 USD 94 $ 101,520  
  7.50%, 2/15/23 (d)   1,096   1,117,920  
SESI LLC, 6.38%, 5/01/19 (d)   475   505,875  
SM Energy Co.:          
  6.63%, 2/15/19   60   63,600  
  6.50%, 11/15/21 (d)   605   647,350  
Summit Midstream Holdings LLC/Summit Midstream Finance Corp., 7.50%, 7/01/21 (b)   636   664,620  
Tesoro Logistics LP/Tesoro Logistics Finance Corp., 5.88%, 10/01/20 (d)   176   180,840  
Whiting Petroleum Corp., 5.00%, 3/15/19 (d)   1,426   1,458,085  
       
    24,840,763  
 
Paper & Forest Products — 0.2%  
Ainsworth Lumber Co., Ltd., 7.50%, 12/15/17 (b)(d)   728   784,420  
NewPage Corp., 11.38%, 12/31/14 (a)(k)   3,177    
Sappi Papier Holding GmbH, 8.38%, 6/15/19 (b)(d)   305   332,450  
       
    1,116,870  
 
Pharmaceuticals — 0.8%  
Capsugel SA, 7.00%, 5/15/19 (b)(e)   156   158,730  
Valeant Pharmaceuticals International (b):          
  6.75%, 8/15/18 (d)   2,214   2,438,167  
  6.88%, 12/01/18 (d)   1,210   1,297,725  
  6.38%, 10/15/20 (d)   613   645,949  
  7.50%, 7/15/21   335   368,500  
  5.63%, 12/01/21 (j)   520   522,600  
       
    5,431,671  
 
Professional Services — 0.1%  
La Financiere Atalian SA, 7.25%, 1/15/20 EUR 202   283,887  
Truven Health Analytics, Inc., 10.63%, 6/01/20 USD 540   610,875  
       
    894,762  
 
Real Estate Investment Trusts (REITs) — 0.6%  
Cantor Commercial Real Estate Co. LP/CCRE Finance Corp., 7.75%, 2/15/18 (b)(d)   634   670,455  
Felcor Lodging LP, 6.75%, 6/01/19 (d)   820   877,400  
            
Corporate Bonds Par
(000)
  Value  
 
Real Estate Investment Trusts (REITs) (concluded)  
The Geo Group, Inc., 5.88%, 1/15/22 (b) USD 340 $ 340,000  
iStar Financial, Inc., 4.88%, 7/01/18   449   446,755  
Ventas Realty LP / Ventas Capital Corp., 4.75%, 6/01/21 (d)   1,300   1,378,367  
       
    3,712,977  
 
Real Estate Management & Development — 1.1%  
Realogy Corp. (b):          
  7.88%, 2/15/19 (d)   1,833   2,002,552  
  7.63%, 1/15/20 (d)   1,015   1,134,263  
  9.00%, 1/15/20   367   425,720  
The Realogy Group LLC/Sunshine Group Florida Ltd., 3.38%, 5/01/16 (b)   756   757,890  
Rialto Holdings LLC/Rialto Corp., 7.00%, 12/01/18 (b)   220   220,000  
RPG Byty Sro, 6.75%, 5/01/20 EUR 220   302,673  
Shea Homes LP/Shea Homes Funding Corp., 8.63%,  5/15/19 (d) USD 2,110   2,331,550  
       
    7,174,648  
 
Road & Rail — 0.9%  
Asciano Finance, Ltd., 3.13%, 9/23/15 (b)(d)   3,400   3,488,148  
The Hertz Corp.:          
  7.50%, 10/15/18   540   583,875  
  6.75%, 4/15/19   405   436,388  
  5.88%, 10/15/20   435   451,312  
  7.38%, 1/15/21 (d)   675   740,812  
Watco Cos. LLC/Watco Finance Corp., 6.38%, 4/01/23 (b)   319   318,203  
       
    6,018,738  
 
Semiconductors & Semiconductor Equipment — 0.3%  
GCS Holdco Finance I SA, 6.50%, 11/15/18 EUR 100   138,937  
NXP BV/NXP Funding LLC (b)(d):          
  3.75%, 6/01/18 USD 950   957,125  
  5.75%, 2/15/21   560   583,100  
       
    1,679,162  
 
Software — 0.7%  
Activision Blizzard, Inc. (b):          
  5.63%, 9/15/21 (d)   467   485,096  
  6.13%, 9/15/23   163   170,743  
Healthcare Technology Intermediate, Inc., 7.38%, 9/01/18 (b)(e)   298   306,195  
Infor US, Inc., 9.38%, 4/01/19 (d)   2,000   2,255,000  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201310
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

                   
Corporate Bonds Par
(000)
  Value  
 
Software (concluded)  
Nuance Communications, Inc., 5.38%, 8/15/20 (b)(d) USD 1,715 $ 1,616,387  
       
    4,833,421  
 
Specialty Retail — 1.1%  
Claire's Stores, Inc. (b):          
  9.00%, 3/15/19 (d)   1,034   1,156,788  
  7.75%, 6/01/20   219   219,000  
Magnolia BC SA, 9.00%, 8/01/20 EUR 274   389,065  
Michaels FinCo Holdings LLC/Michaels FinCo, Inc., 7.50%, 8/01/18 (b)(d)(e) USD 620   641,700  
Michaels Stores, Inc., 7.75%, 11/01/18   317   343,153  
New Academy Finance Co. LLC/New Academy Finance Corp., 8.00%, 6/15/18 (b)(e)   218   223,180  
New Look Bondco I PLC, 8.75%, 5/14/18 GBP 100   172,016  
Party City Holdings, Inc., 8.88%, 8/01/20 USD 599   664,890  
PC Nextco Holdings LLC/PC Nextco Finance, Inc., 8.75%,  8/15/19 (b)(e)   252   260,190  
QVC, Inc. (b)(d):          
  7.50%, 10/01/19   410   440,939  
  7.38%, 10/15/20   1,260   1,363,393  
Sally Holdings LLC / Sally Capital, Inc.:          
  6.88%, 11/15/19 (d)   920   1,017,750  
  5.50%, 11/01/23   508   505,460  
       
    7,397,524  
 
Textiles, Apparel & Luxury Goods — 0.2%  
Levi Strauss & Co., 6.88%, 5/01/22 (d)   380   415,150  
SIWF Merger Sub, Inc., 6.25%, 6/01/21 (b)   645   648,225  
The William Carter Co., 5.25%, 8/15/21 (b)   346   352,055  
       
    1,415,430  
 
Transportation Infrastructure — 1.8%  
Aguila 3 SA (b):          
  7.88%, 1/31/18   498   528,502  
  Series 144, 7.88%, 1/31/18   350   371,438  
Federal Express Corp. 2012 Pass Through Trust, 2.63%, 1/15/18 (b)(d)   1,212   1,225,253  
Penske Truck Leasing Co. LP / PTL Finance Corp. (b)(d):          
  3.13%, 5/11/15   3,372   3,469,087  
              
Corporate Bonds Par
(000)
  Value  
 
Transportation Infrastructure (concluded)  
Penske Truck Leasing Co. LP / PTL Finance Corp. (b)(d) (concluded):          
  3.38%, 3/15/18 USD 6,155 $ 6,350,095  
       
    11,944,375  
 
Wireless Telecommunication Services — 2.4%  
Crown Castle Towers LLC, 4.52%, 1/15/35 (b)(d)   3,000   3,104,556  
Digicel Ltd., 6.00%, 4/15/21 (b)(d)   2,073   2,000,445  
Sprint Communications, Inc. (b)(d):          
  9.00%, 11/15/18   2,020   2,444,200  
  7.00%, 3/01/20   1,361   1,514,113  
Sprint Corp., 7.88%, 9/15/23 (b)(d)   2,590   2,836,050  
T-Mobile USA, Inc.:          
  6.63%, 4/28/21 (d)   1,380   1,445,550  
  6.13%, 1/15/22   215   219,031  
  6.73%, 4/28/22 (d)   1,455   1,516,837  
  6.50%, 1/15/24   395   399,938  
Wind Acquisition Finance SA, 6.50%, 4/30/20 (b)   311   328,105  
       
    15,808,825  
 
Total Corporate Bonds64.0%   424,968,442  
 
   
Floating Rate Loan Interests (c)  
 
Aerospace & Defense — 0.7%  
DigitalGlobe, Inc., Term Loan B, 3.75%, 1/31/20   1,294   1,304,818  
Transdigm, Inc., Term Loan C, 3.75%, 2/28/20   655   657,834  
TransUnion LLC, Term Loan, 4.25%, 2/10/19   2,577   2,591,797  
       
    4,554,449  
 
Airlines — 0.4%  
Delta Air Lines, Inc., Term Loan B1, 4.00%, 10/18/18   681   683,451  
Northwest Airlines, Inc.:          
  Term Loan, 2.24%, 3/10/17   527   485,747  
  Term Loan, 1.62%, 9/10/18   690   608,925  
US Airways Group, Inc., Term Loan B1, 4.25%, 5/23/19   840   842,520  
       
    2,620,643  
 
Auto Components — 2.1%  
Affinia Group Intermediate Holdings, Inc., Term Loan B2, 4.75%, 4/27/20   908   919,071  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201311
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

                   
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Auto Components (concluded)  
Autoparts Holdings Ltd.:          
  1st Lien Term Loan, 6.50%, 7/28/17 USD 964 $ 946,399  
  2nd Lien Term Loan, 10.50%, 1/29/18   1,500   1,395,000  
Federal-Mogul Corp.:          
  Term Loan B, 2.10% - 2.11%, 12/29/14   3,463   3,418,164  
  Term Loan C, 2.10% – 2.11%, 12/28/15   3,177   3,136,176  
The Goodyear Tire & Rubber Co., 2nd Lien Term Loan, 4.75%, 4/30/19   2,985   3,011,119  
Schaeffler AG, Term Loan C, 4.25%, 1/27/17   140   140,759  
Transtar Holding Co., 1st Lien Term Loan, 5.50%, 10/09/18   1,272   1,256,248  
       
    14,222,936  
 
Beverages — 0.0%  
Le-Nature's, Inc., Tranche B Term Loan, 0.00%, 3/01/11 (a)(k)   1,000   100  
 
Biotechnology — 0.1%  
Grifols, Inc., Term Loan B, 4.25%, 6/01/17   529   531,749  
 
Building Products — 0.7%  
Continental Building Products LLC, 1st Lien Term Loan, 4.50%, 8/14/20   915   910,425  
CPG International, Inc., Term Loan, 4.75%, 9/30/20   1,380   1,381,725  
Quikrete Holdings, Inc., 1st Lien Term Loan, 4.00%, 9/28/20   550   552,161  
United Subcontractors, Inc., Term Loan, 4.25%, 6/30/15   172   162,963  
Wilsonart International Holdings LLC:          
  Incremental Term Loan B2, 4.00%, 10/31/19   770   760,375  
  Term Loan B, 4.00%, 10/31/19   814   806,054  
       
    4,573,703  
 
Capital Markets — 0.4%  
American Capital Holdings, Inc., Term Loan, 4.00%, 8/22/16   557   558,821  
HarbourVest Partners LLC, Term Loan B, 4.75%, 11/21/17   793   795,250  
KCG Holdings, Inc., Term Loan B, 5.75%, 12/05/17   492   493,385  
            
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Capital Markets (concluded)  
Santander Asset Management, Term Loan, 1.00%, 11/11/20 USD 1,125 $ 1,125,000  
       
    2,972,456  
 
Chemicals — 1.8%  
Allnex USA, Inc.:          
  Term Loan B1, 4.50%, 10/03/19   322   323,012  
  Term Loan B2, 4.50%, 10/03/19   167   167,596  
American Rock Salt Holdings LLC, Term Loan, 5.50%, 4/25/17   525   528,691  
CeramTec Acquisition Corp., Term Loan B2, 4.25%, 8/28/20   46   45,764  
Chemtura Corp., Term Loan B, 3.50%, 8/27/16   378   380,043  
Chromaflo Technologies Corp.:          
  1st Lien Term Loan, 4.50%, 11/30/19   660   660,000  
  2nd Lien Term Loan, 8.25%, 5/30/20   560   562,800  
Evergreen Acquisition 1 LP, Term Loan, 5.00%, 7/09/19   775   776,416  
INEOS US Finance LLC, 6 Year Term Loan, 4.00%, 5/04/18   507   507,619  
MacDermid, Inc., 1st Lien Term Loan, 3.16%, 6/08/20   668   671,667  
Nexeo Solutions LLC, Term Loan B, 5.00%, 9/08/17   1,268   1,258,792  
OXEA Finance LLC:          
  2nd Lien Term Loan, 8.25%, 7/15/20   705   716,238  
  Term Loan B2, 4.25%, 1/15/20   680   683,570  
Royal Adhesives and Sealants LLC, 1st Lien Term Loan, 5.50%, 7/31/18   790   796,093  
Tata Chemicals North America, Inc., Term Loan B, 3.75%, 8/07/20   663   661,679  
Tronox Pigments (Netherlands) BV, 2013 Term Loan, 4.50%, 3/19/20   940   950,543  
US Coatings Acquisition, Inc., Term Loan, 4.75%, 2/01/20   2,099   2,114,314  
       
    11,804,837  
 
Commercial Banks — 0.1%  
Redtop Acquisitions Ltd.:          
  1st Lien Term Loan, 3.27%, 11/30/20   420   421,575  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201312
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

                   
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Commercial Banks (concluded)  
Redtop Acquisitions Ltd. (concluded):          
  2nd Lien Term Loan, 8.25%, 5/31/21 USD 355 $ 356,775  
       
    778,350  
 
Commercial Services & Supplies — 1.4%  
ADS Waste Holdings, Inc., Term Loan B, 4.25%, 10/09/19   1,478   1,484,195  
AWAS Finance Luxembourg 2012 SA, Term Loan, 3.50%, 7/16/18   1,259   1,262,221  
AWAS Finance Luxembourg Sarl, Term Loan B, 3.50%, 6/10/16   600   601,493  
Catalent Pharma Solutions, Inc., Term Loan, 6.50%, 12/29/17   370   374,163  
KAR Auction Services, Inc., Term Loan B, 3.75%, 5/19/17   967   970,046  
Learning Care Group (US) No. 2, Inc., Term Loan B, 6.00%, 5/08/19   204   204,535  
Livingston International, Inc.:          
  1st Lien Term Loan, 5.00%, 4/16/19   778   777,077  
  2nd Lien Term Loan, 9.00%, 4/20/20   352   354,169  
Protection One, Inc., Term Loan, 4.25%, 3/21/19   573   572,218  
Spin Holdco, Inc., Term Loan B, 4.25%, 11/14/19   1,790   1,791,128  
West Corp., Term Loan B8, 3.75%, 6/29/18   982   985,466  
       
    9,376,711  
 
Communications Equipment — 1.7%  
Alcatel-Lucent USA, Inc.:          
  Term Loan C, 5.75%, 1/30/19   3,623   3,652,077  
  Term Loan D, 6.25%, 1/30/19 EUR 1,226   1,665,533  
Avaya, Inc.:          
  Extended Term Loan B3, 4.74%, 10/26/17 USD 767   734,362  
  Term Loan B5, 8.00%, 3/30/18   171   169,868  
CommScope, Inc., Term Loan, 3.75%, 1/12/18   1,219   1,219,359  
Telesat Canada, Term Loan A, 4.38%, 3/24/17 CAD 1,766   1,664,294  
Zayo Group LLC, Term Loan B, 4.00%, 7/02/19 USD 2,301   2,299,546  
       
    11,405,039  
 
          
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Construction & Engineering — 0.4%  
Centaur LLC:          
  1st Lien Term Loan, 5.25%, 2/20/19 USD 1,438 $ 1,452,153  
  2nd Lien Term Loan, 8.75%, 2/15/20   710   724,200  
USIC Holdings, Inc., 1st Lien Term Loan, 4.75%, 7/10/20   474   475,589  
       
    2,651,942  
 
Construction Materials — 0.5%  
Filtration Group Corp.:          
  1st Lien Term Loan, 4.50%, 11/30/20   505   508,575  
  2nd Lien Term Loan, 8.25%, 11/30/21   605   614,831  
HD Supply, Inc., Senior Debt B, 4.50%, 10/12/17   1,883   1,892,802  
McJunkin Red Man Corp., Term Loan, 5.00%, 11/12/19   380   382,732  
       
    3,398,940  
 
Consumer Finance — 0.2%  
Springleaf Financial Funding Co., Term Loan B2, 4.75%, 9/25/19   1,220   1,232,200  
 
Containers & Packaging — 0.4%  
Pact Group (USA), Inc., Term  Loan B, 3.75%, 5/29/20   1,247   1,235,192  
Polarpak, Inc., 1st Lien Canadian Borrower, 4.50%, 6/05/20   167   168,294  
Sealed Air Corp., 2013 Term Loan, 4.00%, 10/03/18   452   452,228  
WNA Holdings, Inc.:          
  1st Lien US Borrower, 4.50% - 5.50%, 6/05/20   91   91,419  
  2nd Lien Term Loan, 8.50%, 12/07/20   475   478,562  
       
    2,425,695  
 
Distributors — 0.4%  
ABC Supply Co., Inc., Term Loan, 3.50%, 4/16/20   2,105   2,102,369  
Crossmark Holdings, Inc., 1st Lien Term Loan, 4.50%, 12/20/19   382   380,202  
VWR Funding, Inc., Extended Add on Term Loan, 4.16%, 4/03/17   457   457,691  
       
    2,940,262  
 
Diversified Consumer Services — 0.7%  
Bright Horizons Family Solutions, Inc., Term Loan B, 4.00% - 5.25%, 1/30/20   779   782,525  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201313
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

                   
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Diversified Consumer Services (concluded)  
Doncasters Finance US LLC, Term Loan, 5.50%, 4/09/20 USD 552 $ 556,715  
Garda World Security Corp., Term Loan B, 4.00%, 11/06/20   299   300,359  
ROC Finance LLC, Term Loan, 5.00%, 5/15/19   630   602,834  
ServiceMaster Co., Term Loan, 4.25%, 1/31/17   1,041   1,024,323  
Weight Watchers International, Inc., Term Loan B2, 3.75%, 4/02/20   1,669   1,431,167  
       
    4,697,923  
 
Diversified Financial Services — 0.8%  
ION Trading Technologies Sarl:          
  1st Lien Term Loan, 4.50%, 5/22/20   559   561,046  
  2nd Lien Term Loan, 8.25%, 5/21/21   310   312,843  
Kasima LLC, Term Loan B, 3.25%, 5/17/21   740   737,691  
Reynolds Group Holdings, Inc., Dollar Term Loan, 4.00%, 12/31/18   1,517   1,526,545  
RPI Finance Trust, Term Loan B3, 3.50%, 11/09/18   454   455,667  
WMG Acquisition Corp., Term Loan, 3.75%, 7/01/20   1,740   1,737,825  
       
    5,331,617  
 
Diversified Telecommunication Services — 1.8%  
Consolidated Communications, Inc., Term Loan B3, 5.25%, 12/31/18   2,238   2,249,949  
Hawaiian Telcom Communications, Inc., Term Loan B, 5.00%, 6/06/19   1,737   1,740,358  
Integra Telecom, Inc.:          
  1st Lien Term Loan, 5.25%, 2/22/19   1,169   1,180,454  
  2nd Lien Term Loan, 9.75%, 2/21/20   590   604,502  
Level 3 Financing, Inc., 2020 Term Loan B, 4.00%, 1/15/20   4,865   4,895,406  
Syniverse Holdings, Inc., Term Loan B, 4.00%, 4/23/19   509   512,180  
US Telepacific Corp., Term Loan B, 5.75%, 2/23/17   995   993,383  
       
    12,176,232  
 
                   

 

Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Electric Utilities — 0.1%  
Sandy Creek Energy Associates, L.P., Term Loan B, 5.00%, 11/06/20 USD 485 $ 486,324  
 
Electrical Equipment — 0.4%  
Texas Competitive Electric Holdings Co. LLC, Extended Term Loan, 4.67% - 4.74%, 10/10/17   3,490   2,413,789  
 
Electronic Equipment, Instruments & Components — 0.1%  
CDW LLC, Term Loan, 3.50%, 4/29/20   846   841,522  
 
Energy Equipment & Services — 0.3%  
Dynegy Holdings, Inc., Term  Loan B2, 4.00%, 4/23/20   1,107   1,108,377  
MEG Energy Corp., Refinancing Term Loan, 3.75%, 3/31/20   648   652,422  
Unifrax Corp., Term Loan, 4.25%, 11/28/18   551   551,636  
   
    2,312,435  
 
Food & Staples Retailing — 0.3%  
Rite Aid Corp.:          
  2nd Lien Term Loan, 5.75%, 8/21/20   240   245,700  
  Term Loan 6, 4.00%, 2/21/20   259   260,500  
Supervalu, Inc., Refinancing Term Loan B, 5.00%, 3/21/19   914   917,455  
US Foods, Inc., Refinancing Term Loan, 4.50%, 3/29/19   299   299,998  
   
    1,723,653  
 
Food Products — 1.3%  
AdvancePierre Foods, Inc., Term Loan, 5.75%, 7/10/17   779   774,048  
CTI Foods Holding Co. LLC, 1st Lien Term Loan, 4.50%, 6/29/20   655   655,000  
Del Monte Foods Co.:          
  1st Lien Term Loan, 1.00%, 11/06/20   645   648,225  
  Term Loan, 4.00%, 3/08/18   327   327,760  
Dole Food Co., Inc., Term Loan B, 4.50%, 11/01/18   1,065   1,069,729  
Performance Food Group Co., 2nd Lien Term Loan, 6.25%, 11/14/19   1,047   1,043,447  
Pinnacle Foods Finance LLC, Term Loan G, 3.25%, 4/29/20   1,194   1,192,209  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201314
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

             
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Food Products (concluded)  
Reddy Ice Corp.:          
  1st Lien Term Loan, 6.75%, 5/01/19 USD 1,483 $ 1,481,631  
  2nd Lien Term Loan, 10.75%, 11/01/19   1,380   1,355,850  
   
    8,547,899  
 
Gas Utilities — 0.1%  
EFS Cogen Holdings I, Inc., Term Loan B, 1.00%, 12/01/20   585   585,000  
 
Health Care Equipment & Supplies — 1.7%  
Arysta LifeScience Corp.:          
  1st Lien Term Loan, 4.50%, 5/29/20   1,481   1,487,775  
  2nd Lien Term Loan, 8.25%, 11/30/20   530   538,612  
Biomet, Inc., Term Loan B2, 3.67% - 3.75%, 7/25/17   1,242   1,251,003  
Capital Safety North America Holding, Inc., Term Loan, 4.50%, 1/21/19   985   982,594  
Capsugel Holdings US, Inc., Term Loan B, 3.50%, 8/01/18   583   581,988  
DJO Finance LLC, Term Loan B3, 4.75%, 9/15/17   1,709   1,726,121  
The Hologic, Inc., Term Loan B, 3.75%, 8/01/19   1,321   1,326,028  
Immucor, Inc., Refinancing Term Loan B2, 5.00%, 8/17/18   638   639,818  
Kinetic Concepts, Inc., Term Loan D1, 4.50%, 5/04/18   275   277,681  
LHP Hospital Group, Inc., Term Loan, 9.00%, 7/03/18   849   794,049  
Onex Carestream Finance LP:          
  1st Lien Term Loan, 5.00%, 6/07/19   844   853,212  
  2nd Lien Term Loan, 9.50%, 6/07/19   740   744,625  
   
    11,203,506  
 
Health Care Providers & Services — 1.8%  
American Renal Holdings, Inc.:          
  1st Lien Term Loan, 4.50%, 9/20/19   851   848,598  
  2nd Lien Term Loan, 8.50%, 2/14/20   890   876,650  
Ardent Medical Services, Inc., Term Loan, 6.75%, 7/02/18   476   475,209  
CHG Buyer Corp., Term Loan, 4.25%, 11/19/19   707   710,274  
ConvaTec, Inc., Term Loan, 4.00%, 12/22/16   1,220   1,225,806  
            
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Health Care Providers & Services (concluded)  
DaVita, Inc., Term Loan B, 4.50%, 10/20/16 USD 1,945 $ 1,954,239  
Envision Acquisition Co. LLC, 1st Lien Term Loan, 5.75%, 11/04/20   905   907,263  
Envision Healthcare Corp., Term Loan, 4.00%, 5/25/18   277   277,225  
Fresenius SE & Co. KGaA, Incremental Term Loan B, 2.25%, 6/30/19 EUR 610   826,796  
Genesis HealthCare Corp., Term Loan B, 10.00% - 10.75%, 9/25/17 USD 1,055   1,065,427  
Ikaria Acquisition, Inc., 1st Lien Term Loan, 7.25%, 7/03/18   499   502,428  
inVentiv Health, Inc.:          
  Combined Term Loan, 7.50%, 8/04/16   360   355,636  
  Incremental Term Loan B3, 7.75%, 5/15/18   232   229,815  
Surgical Care Affiliates, Inc.,  Class C Incremental Term Loan, 4.25%, 6/29/18   599   599,996  
US Renal Care, Inc., Incremental 1st Lien Term Loan, 5.25%, 7/03/19   1,152   1,162,483  
   
    12,017,845  
 
Health Care Technology — 0.1%  
IMS Health, Inc., Term Loan B1, 3.75%, 9/01/17   640   642,179  
MedAssets, Inc., Term Loan B, 4.00%, 12/13/19   265   265,041  
   
    907,220  
 
Hotels, Restaurants & Leisure — 6.5%  
Bally Technologies, Inc., Term  Loan B, 4.25%, 8/31/20   675   678,935  
Bronco Midstream Funding LLC, Term Loan B, 5.00%, 8/17/20   1,330   1,343,300  
Caesars Entertainment Resort Properties, LLC, Term Loan B, 7.00%, 10/12/20   17,560   17,241,813  
Drumm Investors LLC, Term Loan, 5.00%, 5/04/18   1,057   1,029,067  
Four Seasons Holdings, Inc., 2nd Lien Term Loan, 6.25%, 12/28/20   585   598,894  
Hilton Worldwide Finance LLC, Term Loan B2, 4.00%, 10/26/20   6,507   6,524,780  
Intrawest ULC, Term Loan, 5.50%, 11/26/20   615   615,769  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201315
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Hotels, Restaurants & Leisure (concluded)  
Marina District Finance Co., Inc., Term Loan B, 6.75%, 8/15/18 USD 1,375 $ 1,376,719  
MGM Resorts International, Term Loan B, 3.50%, 12/20/19   1,078   1,076,535  
OSI Restaurant Partners LLC, Term Loan, 3.50%, 10/25/19   605   605,127  
Pinnacle Entertainment, Inc., Term Loan B2, 3.75%, 8/13/20   923   925,861  
Playa Resorts Holding BV, Term Loan B, 4.75%, 8/06/19   725   730,894  
Sabre, Inc.:          
  Incremental Term Loan, 4.50%, 2/19/19   400   399,252  
  Term Loan B, 5.25%, 2/19/19   566   568,910  
Station Casinos, Inc., Term Loan B, 5.00%, 3/02/20   3,269   3,301,947  
Travelport LLC:          
  2nd Lien Term Loan 1, 9.50%, 1/29/16   1,178   1,218,720  
  2nd Lien Term Loan 2, 4.00%, 12/01/16 (e)   1,033   1,051,026  
  Refinancing Term Loan, 6.25%, 6/26/19   1,581   1,614,065  
Twin River Management Group, Inc., Term Loan B, 5.25%, 11/09/18   1,423   1,437,520  
Wendy's International, Inc., Term Loan B, 3.25%, 5/15/19   668   667,722  
   
    43,006,856  
 
Household Products — 0.4%  
Prestige Brands, Inc., Term Loan, 3.75% - 5.00%, 1/31/19   640   641,432  
Spectrum Brands, Inc.:          
  Term Loan, 4.50%, 12/17/19   887   890,455  
  Term Loan A, 3.00%, 9/07/17   720   720,598  
  Term Loan C, 3.50%, 9/04/19   180   180,446  
   
    2,432,931  
 
Independent Power Producers & Energy Traders — 0.7%  
AES Corp., Refinancing Term Loan B, 3.75%, 6/01/18   381   383,228  
Calpine Corp., Term Loan B1, 4.00%, 4/02/18   1,056   1,062,351  
La Frontera Generation LLC, Term Loan, 4.50%, 9/30/20   1,831   1,848,654  
Star West Generation LLC, Term Loan B, 4.25%, 3/13/20   1,025   1,031,255  
   
    4,325,488  
 

 

Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Industrial Conglomerates — 0.3%  
Sequa Corp., Term Loan B, 5.25%, 12/19/17 USD 1,839 $ 1,814,283  
 
Insurance — 1.1%  
Alliant Holdings I, Inc., Term Loan B, 4.75%, 12/20/19   1,067   1,068,943  
Asurion LLC, Term Loan B1, 4.50%, 5/24/19   1,533   1,532,355  
CNO Financial Group, Inc., Term Loan B2, 3.75%, 9/20/18   1,312   1,313,350  
Cooper Gay Swett & Crawford Ltd.:          
  1st Lien Term Loan, 5.00%, 4/16/20   1,057   1,043,139  
  2nd Lien Term Loan, 8.25%, 10/16/20   500   490,415  
Cunningham Lindsey US, Inc., 1st Lien Term Loan, 5.00%, 12/10/19   923   920,718  
Hub International Ltd., Term Loan B, 4.75%, 10/02/20   780   787,511  
National Financial Partners Corp., Term Loan, 5.25%, 7/01/20   304   307,660  
   
    7,464,091  
 
Internet Software & Services — 0.6%  
Interactive Data Corp., Term Loan B, 3.75%, 2/11/18   2,121   2,118,650  
W3 Co.:          
  1st Lien Term Loan, 5.75%, 3/13/20   1,035   1,037,387  
  2nd Lien Term Loan, 9.25%, 9/11/20   404   408,027  
Web.com Group, Inc., Term Loan B, 4.50%, 10/27/17   545   549,508  
   
    4,113,572  
 
IT Services — 1.0%  
CCC Information Services, Inc., Term Loan, 4.00%, 12/20/19   308   307,675  
Ceridian Corp., Term Loan B, 4.42%, 5/09/17   1,115   1,119,094  
First Data Corp., 2018 Term Loan:          
  4.17%, 9/24/18   1,615   1,618,521  
  Extended B, 4.17%, 3/23/18   2,169   2,173,541  
InfoGroup, Inc., Term Loan, 8.00%, 5/25/18   754   610,602  
Moneygram International, Inc., Term Loan B, 4.25%, 3/27/20   142   142,623  
SunGard Data Systems, Inc.:          
  Term Loan D, 4.50%, 1/31/20   387   389,130  
  Term Loan E, 4.00%, 3/09/20   433   436,071  
   
    6,797,257  
 

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201316
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Life Sciences Tools & Services — 0.1%  
Patheon, Inc., Term Loan, 7.25%, 12/06/18 USD 465 $ 469,665  
 
Machinery — 2.0%  
Allegion PLC, Term Loan B, 3.00%, 9/30/20   795   795,246  
Alliance Laundry Systems LLC, Refinancing Term Loan, 4.25%, 12/10/18   274   274,863  
Dayco Products LLC, Term Loan B, 5.25%, 11/26/19   860   853,550  
Faenza Acquisition GmbH:          
  Term Loan B1, 4.25%, 8/31/20   463   464,768  
  Term Loan B3, 4.25%, 8/28/20   141   141,366  
Gardner Denver, Inc.:          
  4.25%, 7/30/20   1,348   1,340,997  
  4.75%, 7/30/20 EUR 223   304,850  
Generac Power Systems, Inc., Term Loan B, 3.50%, 5/31/20 USD 1,421   1,421,438  
Intelligrated, Inc., 1st Lien Term Loan, 4.50%, 7/30/18   1,089   1,091,723  
Mirror Bidco Corp., Term Loan, 5.25%, 12/27/19   1,434   1,440,731  
Navistar International Corp., Term Loan B, 5.75%, 8/17/17   525   532,997  
Pacific Industrial Services US Finance Co., LLC:          
  1st Lien Term Loan, 5.00%, 10/02/18   895   904,514  
  2nd Lien Term Loan, 8.75%, 4/02/19   730   744,600  
Rexnord LLC, 1st Lien Term Loan B, 4.00%, 8/21/20   1,326   1,325,607  
Silver II US Holdings LLC, Term Loan, 4.00%, 12/13/19   592   591,443  
Terex Corp., Term Loan, 4.00%, 4/28/17 EUR 176   240,068  
Wabash National Corp., Term Loan B, 4.50%, 5/02/19 USD 1,086   1,090,524  
   
    13,559,285  
 
Marine — 0.2%  
HGIM Corp., Term Loan B, 5.50%, 6/18/20   1,650   1,656,187  
 
Media — 5.6%  
Activision Blizzard, Inc., Term Loan B, 3.25%, 10/12/20   1,380   1,383,022  
Advanstar Communications, Inc., 2nd Lien Term Loan, 9.50%, 6/06/20   465   465,000  
            
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Media (continued)  
Catalina Marketing Corp., Term Loan B, 5.25%, 10/12/20 USD 1,020 $ 1,028,670  
Cengage Learning Acquisitions, Inc., Tranche 1 Incremental, 7.50%, 7/03/14   2,005   1,506,762  
Charter Communications Operating LLC, Term Loan E, 3.00%, 7/01/20   1,182   1,164,969  
Clear Channel Communications, Inc.:          
  Term Loan B, 3.81%, 1/29/16   316   304,483  
  Term Loan C, 3.81%, 1/29/16   210   200,226  
  Term Loan D, 6.91%, 1/30/19   4,063   3,829,052  
Cumulus Media Holdings, Inc., 1st Lien Term Loan, 4.50%, 9/17/18   1,362   1,368,899  
EMI Music Publishing Ltd., Term Loan B, 4.25%, 6/29/18   762   764,981  
EW Scripps Co., Term Loan B, 3.25%, 11/14/20   635   636,587  
Fender Musical Instruments Corp., 2019 Term Loan B, 5.75%, 4/03/19   264   266,970  
Foxco Acquisition Sub LLC, Term Loan B, 5.50%, 7/14/17   1,115   1,116,826  
Getty Images, Inc., Term Loan B, 4.75%, 10/18/19   209   193,325  
Hemisphere Media Group, Inc., Term Loan, 6.25%, 7/30/20   893   895,557  
Houghton Mifflin Harcourt Publishing Co., DIP Term Loan B, 4.25%, 6/01/18   2,147   2,151,766  
Hubbard Radio LLC, Term Loan B, 4.50%, 4/29/19   715   720,861  
Intelsat Jackson Holdings SA, Term Loan B2, 2.00%, 6/30/19   2,514   2,517,089  
Lions Gate Entertainment Corp., 2nd Lien Term Loan, 5.00%, 7/17/20   395   395,494  
Live Nation Entertainment, Inc., 2020 Term Loan B1, 3.50%, 8/17/20   565   565,283  
Media General, Inc., Delayed Draw Term Loan B, 5.50%, 7/31/20   750   757,035  
NEP/NCP Holdco, Inc., Term Loan:          
  2nd Lien, 9.50%, 7/22/20   340   348,289  
  4.75%, 1/22/20   1,667   1,671,568  
Rentpath, Inc., Term Loan B, 6.25%, 5/29/20   998   975,056  
Salem Communications Corp., Term Loan B, 4.50%, 3/13/20   1,007   1,010,342  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201317
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Media (concluded)  
Springer Science & Business Media Deutschland GmbH, Term Loan B2, 5.00%, 8/14/20 USD 990 $ 992,683  
Tribune Co., 2013 Term Loan, 4.00%, 11/12/20   1,175   1,169,489  
TWCC Holding Corp., 2nd Lien Term Loan, 7.00%, 6/26/20   840   859,950  
Univision Communications, Inc., Converted Extended Term Loan, 4.50%, 3/02/20   2,442   2,451,222  
UPC Financing Partnership, Term Loan AG, 3.88%, 3/31/21 EUR 442   603,738  
Virgin Media Investment Holdings Ltd.:          
  Term Loan B, 3.50%, 6/08/20 USD 410   409,967  
  Term Loan C, 4.50%, 6/05/20 GBP 2,340   3,864,857  
WideOpenWest Finance LLC, Term Loan B, 4.75%, 4/01/19 USD 736   739,703  
   
    37,329,721  
 
Metals & Mining — 1.9%  
Ameriforge Group, Inc.:          
  1st Lien Term Loan, 5.00%, 12/19/19   943   950,729  
  2nd Lien Term Loan, 8.75%, 12/18/20   470   479,400  
API Heat Transfer, Inc., Term Loan, 5.25%, 5/03/19   681   677,315  
Constellium Holdco BV, Term Loan B, 6.00%, 3/25/20   1,348   1,380,245  
FMG Resources August 2006 Property Ltd., Term Loan, 4.25%, 6/28/19   2,984   3,010,342  
Murray Energy Corp., Term Loan B, 4.75%, 5/24/19   164   164,946  
Novelis, Inc., Term Loan, 3.75%, 3/10/17   3,861   3,876,942  
Walter Energy, Inc., Term Loan B, 6.75%, 4/02/18   193   189,267  
Windsor Financing LLC, Term Loan B, 6.25%, 12/05/17   1,561   1,598,273  
   
    12,327,459  
 
Multiline Retail — 1.5%  
99 Cents Only Stores, Term Loan, 4.50%, 1/11/19   787   789,906  
Apex Tool Group LLC, Term Loan B, 4.50%, 1/31/20   697   697,663  
BJ's Wholesale Club, Inc.:          
  1st Lien Term Loan, 4.50%, 9/26/19   589   590,775  
  2nd Lien Term Loan, 8.50%, 3/26/20   575   585,781  
              
Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Multiline Retail (concluded)  
HEMA Holding BV:          
  Extended 2nd Lien Term Loan, 5.88%, 1/05/18 EUR 2,600 $ 3,273,816  
  Extended Term Loan B, 4.50%, 12/06/17   323   440,969  
  Extended Term Loan C, 4.50%, 12/06/17   295   403,839  
Hudson's Bay Co.:          
  1st Lien Term Loan, 4.75%, 11/04/20 USD 1,025   1,037,464  
  2nd Lien Term Loan, 8.25%, 11/04/21   130   133,467  
JC Penney Corp., Inc., 1st Lien Term Loan, 6.00%, 5/22/18   444   433,505  
The Neiman Marcus Group, Inc., Term Loan B, 5.00%, 10/26/20   1,655   1,664,930  
   
    10,052,115  
 
Oil, Gas & Consumable Fuels — 2.9%  
Brand Energy & Infrastructure Services, Inc., Term Loan B, 4.75%, 11/20/20   1,575   1,581,140  
Chesapeake Energy Corp., Unsecured Term Loan, 5.75%, 12/01/17   2,595   2,646,900  
Drillships Financing Holding, Inc., Term Loan B2, 5.50%, 7/15/16   1,491   1,508,666  
EP Energy LLC, Term Loan B3, 3.50%, 5/24/18   1,127   1,126,948  
Fieldwood Energy LLC, 1st Lien Term Loan, 3.88%, 9/28/18   470   472,862  
GIM Channelview Cogeneration LLC, Term Loan B, 4.25%, 5/08/20   484   486,811  
Obsidian Natural Gas Trust, Term Loan, 7.00%, 11/02/15   1,448   1,448,151  
Offshore Group Investment Ltd.:          
  Term Loan, 6.25%, 10/25/17   893   896,174  
  Term Loan B, 5.75%, 3/28/19   731   737,951  
Pacific Drilling SA, Term Loan B, 4.50%, 6/04/18   1,002   1,010,638  
Panda Temple II Power LLC, Term Loan B, 7.25%, 4/03/19   900   922,500  
Philadelphia Energy Solutions LLC, Term Loan B, 6.25%, 4/04/18   944   843,217  
PowerTeam Services LLC:          
  1st Lien Term Loan, 4.25%, 5/06/20   355   350,123  
  2nd Lien Term Loan, 8.25%, 11/06/20   275   270,188  
  Delayed Draw Term Loan, 4.25%, 5/06/20   19   19,086  

 

BLACKROCK LIMITED DURATION INCOME TRUSTNOVEMBER 30, 201318
 

Consolidated Schedule of Investments (continued)   BlackRock Limited Duration Income Trust (BLW)
  (Percentages shown are based on Net Assets)

Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Oil, Gas & Consumable Fuels (concluded)  
Ruby Western Pipeline Holdings LLC, Term Loan B, 3.50%, 3/27/20 USD 709 $ 711,100  
Samson Investment Co., 2nd Lien Term Loan, 6.00%, 9/25/18   740   741,850  
State Class Tankers II LLC, Term Loan B, 6.75%, 6/22/20   1,080   1,088,100  
Tesoro Corp., Term Loan B, 2.41%, 5/30/16   1,368   1,368,125  
Western Refining, Inc., Term  Loan B, 4.25%, 11/12/20   1,020   1,028,293  
   
    19,258,823  
 
Paper & Forest Products — 0.1%  
NewPage Corp., Exit Term Loan, 7.75%, 12/21/18 (a)(k)   821   837,282  
 
Pharmaceuticals — 1.2%  
Akorn, Inc., Term Loan B, 1.00%, 8/27/20   885   887,770  
Amneal Pharmaceuticals LLC, Term Loan, 7.00%, 11/01/19   610   610,000  
Aptalis Pharma, Inc., Term Loan B, 6.00%, 9/18/20   1,959   1,977,730  
Par Pharmaceutical Cos., Inc., Refinancing Term Loan B, 4.25%, 9/30/19   1,662   1,668,828  
Pharmaceutical Product Development LLC, Term Loan B, 4.25%, 12/05/18   1,403   1,410,298  
Valeant Pharmaceuticals International, Inc.:          
  Series C2 Term Loan B, 3.75%, 12/11/19   553   556,656  
  Term Loan E, 4.50%, 8/05/20   898   907,940  
   
    8,019,222  
 
Professional Services — 0.6%  
Emdeon Business Services LLC, Term Loan B2, 3.75%, 11/02/18   612   613,672  
ON Assignment, Inc., Refinancing Term Loan B, 3.50%, 4/30/20   435   433,205  
SIRVA Worldwide, Inc., Term Loan, 7.50%, 3/27/19   1,065   1,083,281  
TriNet Group, Inc., Term Loan B2, 5.00%, 8/14/20   605   605,000  
Truven Health Analytics, Inc., Term Loan B, 4.50%, 6/06/19   1,175   1,178,601  
   
    3,913,759  
 

 

Floating Rate Loan Interests (c) Par
(000)
  Value  
 
Real Estate Investment Trusts (REITs) — 0.5%  
iStar Financial, Inc., Term Loan, 4.50%, 10/16/17 USD 2,887 $ 2,899,560  
Starwood Property Trust, Inc., Term Loan B, 3.50%, 4/17/20   640   637,203  
   
    3,536,763  
 
Real Estate Management & Development — 0.5%  
CityCenter Holdings LLC, Term Loan B, 5.00%, 10/16/20   1,035   1,046,323  
Realogy Corp.:          
  Extended Letter of Credit, 4.45%, 10/10/16   102   102,938  
  Extended Term Loan, 4.50%, 3/05/20   2,117   2,138,007  
   
    3,287,268  
 
Road & Rail — 0.1%  
Road Infrastructure Investment LLC, Term Loan B, 6.25%, 3/30/18   629   631,469  
 
Semiconductors & Semiconductor Equipment — 0.6%  
Freescale Semiconductor, Inc.:          
  Term Loan B4, 5.00%, 2/28/20   1,567   1,583,282  
  Term Loan B5, 5.00%, 1/15/21   380   383,933  
NXP BV:          
  Term Loan C, 4.75%, 1/11/20   973   973,379  
  Term Loan D, 3.25%, 1/10/20   990   990,743  
   
    3,931,337  
 
Software — 1.9%  
BMC Software Finance, Inc., Term Loan, 5.00%, 9/10/20