BlackRock Limited Duration Income Trust (NYSE:BLW – Get Free Report) declared a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.1132 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend is Tuesday, September 15th.
BlackRock Limited Duration Income Trust Trading Down 0.2%
BLW opened at $12.35 on Friday. BlackRock Limited Duration Income Trust has a 12 month low of $12.06 and a 12 month high of $14.25. The business’s 50-day moving average price is $12.64 and its 200-day moving average price is $12.68.
BlackRock Limited Duration Income Trust Company Profile
BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.
Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.
Recommended Stories
- Five stocks we like better than BlackRock Limited Duration Income Trust
- Nasdaq’s $100 Million Kraken Bet Prepares It for a Market That Never Closes
- Copper’s Record Rally Highlights a Deeper Supply Problem
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
Receive News & Ratings for BlackRock Limited Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Limited Duration Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
