BLACKROCK Ltd DURATION INCOME TRUST (BLW)
The BlackRock Limited Duration Income Trust is a closed-end fund, specializing in fixed-income investments. This trust was established by BlackRock, Inc. and is managed by BlackRock Advisors, LLC. Its investment strategy concentrates on U.S. fixed income securities, deriving from companies across a diverse range of sectors. The portfolio's primary holdings include high-grade corporate bonds, mortgage-backed securities, asset-backed securities, debt issued by the U.S. Government and its agencies, and senior, secured floating-rate loans. The fund maintains a short average portfolio duration, specifically under five years. Its performance is evaluated against the Lehman Brothers U.S. Aggregate Index. Formed on July 31, 2003, the trust is domiciled within the United States.
Industry: Asset Management - Income
BlackRock Limited Duration Income Trust
NYSE:BLWFinancial Services · Asset Management - Income
-0.87%$11.40
AH Close$11.40+0.00%vs close
AH Close$11.40+0.00%vs close
Mkt Cap$445.73M
Float39.1M
O/S39.1M
Inst Own30.0%
SI0.1%
Div Yield11.92%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$57.29M
Net Income$46.88M
Total Assets$851.53M
Free Cash Flow$38.21M
Debt & Equity
Debt 35%
Equity 65%
Total Debt$292.48M
Total Equity$543.32M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BLW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$851.53M
Liabilities$308.21M
Accounts Receivable$13.11M
Accounts Payable$14.41M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 |
| Revenue | $57.29M | $52.96M | $57.29M | $15.8M | $55.89M | $34.58M | $45.06M | $23.77M | $54.33M | $27.23M | $50.54M | $54.25M | $55.51M | $55.07M |
| YoY Growth | 8.2% | -7.6% | 262.7% | -71.7% | 61.6% | -23.2% | 89.6% | -56.3% | 99.5% | -46.1% | -6.8% | -2.3% | 0.8% | - |
| Cost of Revenue | $5.16M | $4.9M | $13.2M | $4.79M | $5.37M | $4.9M | $4.91M | $5.25M | $5.29M | $5.09M | $0 | $0 | $0 | $0 |
| Gross Profit | $52.14M | $48.05M | $57.29M | $11.01M | $50.52M | $29.68M | $40.14M | $18.51M | $49.04M | $22.14M | $50.54M | $54.25M | $55.51M | $55.07M |
| Gross Margin | 91.0% | 90.7% | 100.0% | 69.7% | 90.4% | 85.8% | 89.1% | 77.9% | 90.3% | 81.3% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $553K | $513K | $4.57M | $403K | $566K | $561K | $550K | $643K | $635K | $5.4M | $5.95M | $6.16M | $5.93M | $5.5M |
| Other | -$9.74M | $72K | $0 | $4.53M | $5.02M | $4.63M | $79K | $64K | $79K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$9.19M | $584K | $4.57M | $4.94M | $5.58M | $5.19M | $629K | $707K | $714K | $13.51M | $40.25M | $12.73M | $3.06M | $26.87M |
| Operating Income (EBIT) | $61.33M | $62.52M | $52.73M | -$60.59M | $26.12M | $40M | $50.24M | -$707K | -$714K | $39.66M | $44.59M | $48.09M | $49.58M | $49.57M |
| Operating Margin | 107.0% | 118.0% | 92.0% | -383.5% | 46.7% | 115.7% | 111.5% | -3.0% | -1.3% | 145.6% | 88.2% | 88.6% | 89.3% | 90.0% |
| Interest Expense | $14.43M | $17.46M | $13.2M | $5.61M | $1.53M | $2.79M | $5.81M | $5.27M | $3.47M | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $60.41M | $62.58M | $55.88M | $44.15M | $41.76M | $41.53M | $43.28M | $44.61M | $45.53M | $1.94M | $1.51M | $1.42M | $1.5M | $1.03M |
| Other Income (Expense) | -$14.44M | -$17.5M | $11.55M | -$5.44M | -$1.73M | -$2.71M | $0 | -$17.15M | $12.69M | $3.12M | -$35.81M | $17.47M | $7.49M | $31.34M |
| Income Before Tax (EBT) | $46.88M | $45.02M | $64.27M | -$66.02M | $24.39M | $37.29M | $44.43M | $23.06M | $53.62M | $40.84M | $8.78M | $65.56M | $57.08M | $80.91M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $37.17M | -$29.04M | -$57.8M | $50.89M | $0 | $0 | $300 | $0 |
| Net Income | $46.88M | $45.02M | $64.27M | -$66.02M | $24.39M | $37.29M | $44.43M | $23.06M | $53.62M | $40.84M | $8.78M | $65.56M | $57.08M | $80.91M |
| Net Income Margin | 81.8% | 85.0% | 112.2% | -418.0% | 43.6% | 107.8% | 98.6% | 97.0% | 98.7% | 150.0% | 17.4% | 120.8% | 102.8% | 146.9% |
| Supplementary Data | ||||||||||||||
| EPS | 1.22 | 1.23 | 1.80 | -1.85 | 0.68 | 1.05 | 1.24 | 0.63 | 1.45 | 1.10 | 0.24 | 1.77 | 1.54 | 2.19 |
| Diluted EPS | 1.22 | 1.23 | 1.80 | -1.85 | 0.68 | 1.05 | 1.24 | 0.63 | 1.45 | 1.10 | 0.24 | 1.77 | 1.54 | 2.19 |
| Weighted Average OS | 38.43M | 35.73M | 35.71M | 35.71M | 35.71M | 35.66M | 35.83M | 36.64M | 37.00M | 37.00M | 37.00M | 37.00M | 37.00M | 36.95M |
| EBITDA | $61.32M | $62.52M | $52.73M | -$60.59M | $26.12M | $40M | $37.17M | $23.46M | $3.71B | $37.72M | $44.59M | $48.09M | $49.58M | $0 |
| EBITDA Margin | 107.0% | 118.0% | 92.0% | -383.5% | 46.7% | 115.7% | 82.5% | 98.7% | 6830.5% | 138.5% | 88.2% | 88.6% | 89.3% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $2.41M | $1.86M | $1.76M | $2.58M | $1.75M | $4.24M | $988K | $173K | $1.29M | $1.26M | $397K | $1.51M | $548K | $365K |
| Short-Term Investments | $4.08M | $346K | $0 | $0 | $0 | $9.76M | $1.71M | $0 | $0 | $2.91M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $6.49M | $2.21M | $1.76M | $2.58M | $1.75M | $14M | $1.81M | $173K | $1.29M | $4.17M | $397K | $1.51M | $548K | $365K |
| Accounts Receivable | $13.11M | $15.26M | $17.93M | $17.81M | $25.48M | $11.94M | $10.04M | $11.09M | $13.72M | $13.81M | $14.48M | $23.9M | $13.11M | $12.08M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $15.42M | $12.88M | $16.89M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$6K | -$15.27M | $3.41M | -$2.59M | -$1.76M | -$25.95M | -$15.46M | $7.73M | $8.23M | $4.63M | $5.13M | $3.44M | $2.73M | $1.48M |
| Total Current Assets | $19.6M | $2.21M | $23.11M | $17.81M | $25.48M | $0 | $11.8M | $12.23M | $13.72M | $19.71M | $20.01M | $28.86M | $16.41M | $13.93M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22.26B | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.59B | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $829.5M | $850.72M | $796.07M | $772.71M | $939.52M | $882.38M | $817.29M | $842.98M | $885.79M | $887.97M | $883.24M | $948.12M | $929.59M | $941.94M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26.8B | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $2.43M | $868.43M | $817.33M | $25.49M | $39.04M | $0 | $0 | $18.37M | -$53.62B | $107K | $370K | $340K | $226K | -$941.94M |
| Total Long-Term Assets | $831.93M | $850.72M | $796.07M | $798.2M | $978.56M | $882.38M | $817.29M | $861.36M | $907.16M | $888.08M | $883.61M | $948.46M | $929.81M | $941.94M |
| Other Assets | $0 | $17.96M | $11K | -$17.81M | -$25.48M | $906.66M | $2.97M | -$12.23M | -$13.72M | $0 | $0 | $0 | $0 | $801K |
| Total Assets | $851.53M | $870.89M | $819.19M | $798.2M | $978.56M | $906.66M | $832.06M | $861.36M | $907.16M | $907.79M | $903.62M | $977.32M | $946.22M | $956.66M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $14.41M | $16.92M | $28.6M | $32.58M | $52.06M | $14.25M | $13.55M | $8.72M | $14.31M | $15.08M | $6.88M | $11.53M | $18.83M | $13.17M |
| Short-Term Debt | $292.48M | $338.47M | $276.24M | $276.03M | $312.55M | $278.97M | $0 | $234.62M | $0 | $264.38M | $264.08M | $293.89M | $273.79M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.01B | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | -$251.26M | -$559.29M | -$339.62M | -$264.72M | -$199.9M | -$240.46M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$17.28M | -$340.32M | -$24.98M | $282.2M | $29.32M | -$29.54M | $199.06M | -$243.35M | -$15.28M | $3.65M | $781K | $1.38M | $1.5M | $300.84M |
| Total Current Liabilities | $292.48M | $16.92M | $28.6M | $32.58M | $55.57M | $0 | $13.55M | $8.82M | $14.31M | $284.57M | $273.22M | $307.94M | $295.03M | $314.01M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $276.24M | $0 | $312.36M | $0 | $0 | $0 | $0 | $0 | $7K | $872 | $2.07M | $260K |
| Long-Term Unearned Revenue | $0 | $0 | $6K | $8K | $0 | $0 | $0 | $0 | $39.9B | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $276.23M | -$8K | $0 | $0 | $0 | $0 | $4.32B | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $15.73M | $50K | -$276.24M | $63K | $23.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$260K |
| Total Long-Term Liabilities | $15.73M | $50K | $276.24M | $63K | $335.85M | $278.97M | $13.55M | $249.31M | $277.43M | $20.19M | $7K | $872 | $2.07M | $260K |
| Other Liabilities | $0 | $0 | $10.59M | -$32.58M | -$55.57M | $302.72M | $194.7M | -$8.82M | -$14.31M | -$20.19M | $0 | $0 | $0 | $0 |
| Total Liabilities | $308.21M | $356.6M | $315.42M | $315.61M | $391.42M | $302.72M | $221.81M | $249.31M | $277.43M | $284.57M | $273.23M | $307.94M | $297.1M | $314.27M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $24.04M | $0 | $36.61M | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $643.71M | $620.83M | $613.02M | $618.12M | $623.73M | $628.69M | $636.38M | $648.03M | $691.02M | $701.01M | $701.3M | $703.33M | $703.37M | $702.49M |
| Retained Earnings | -$100.39M | -$106.54M | -$109.25M | -$135.53M | -$36.58M | -$24.75M | -$26.13M | $634K | $232K | $8.76M | -$70.91M | -$33.95M | -$54.25M | -$60.1M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | -$24.04M | $0 | -$36.61M | -$34.67B | -$86.56M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$36.61M | -$61.52M | -$86.56M | $0 | $0 | $0 | $0 |
| Total Equity | $543.32M | $514.29M | $503.77M | $482.59M | $587.15M | $603.93M | $610.25M | $612.05M | $629.73M | $623.22M | $630.39M | $669.38M | $649.12M | $642.39M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $851.53M | $870.89M | $819.19M | $798.2M | $978.56M | $906.66M | $832.06M | $861.36M | $907.16M | $907.79M | $903.62M | $977.32M | $946.22M | $956.66M |
| Supplementary Data | ||||||||||||||
| Total Debt | $292.48M | $337.68M | $276.24M | $276.03M | $312.55M | $278.97M | $202.54M | $234.62M | $253.63M | $264.38M | $264.09M | $293.89M | $275.86M | $0 |
| Net Debt | $290.07M | $335.81M | $274.47M | $273.96M | $311.1M | $274.72M | $201.55M | $234.45M | $252.35M | $263.12M | $263.69M | $292.38M | $275.31M | -$365K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 |
| Operating Activities | ||||||||||||||
| Net Income | $46.88M | $45.02M | $64.27M | -$66.02M | $24.39M | $37.29M | $44.43M | $23.06M | $53.62M | $40.84M | $8.78M | $65.56M | $57.08M | $80.91M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.66B | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$24.88B | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21.22B | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $507K | $606K | -$2.38M | $65K | $368K | -$1.14M | $342K | $373K | -$5.31B | -$9K | $904K | -$261K | $164K | -$2.14M |
| Inventory | $0 | $0 | $3.32M | $30K | -$3.6M | $3.8M | -$303K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $9K | $35K | -$22K | -$222K | $35K | -$324K | $395K | $2K | $3.01M | $720K | $0 | $0 | $0 | $0 |
| Other Working Capital | $863K | -$3.71M | -$314K | -$727K | -$1.14M | -$2.21M | $303K | -$1.09M | $5.31B | $2.69M | -$2.71M | -$56K | -$2.13M | $0 |
| Total Working Capital Change | $1.38M | -$3.1M | $606K | -$854K | -$4.33M | $128K | $738K | -$716K | -$546K | $3.41M | -$1.81M | -$317K | -$1.97M | -$2.14M |
| Other Non-Cash Items | -$10.05M | -$69.32M | -$26.17M | $141.27M | -$16.18M | -$50.59M | $40.4M | $34.15M | $855K | $9.15M | $70.41M | -$38.89M | $18.48M | -$83.7M |
| Net Cash from Operating | $38.21M | -$27.4M | $38.7M | $74.39M | $3.88M | -$13.17M | $85.56M | $56.5M | $59.72M | $54.11M | $77.38M | $26.35M | $73.59M | -$2.79M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.36B | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$416.78M | -$879.55M | -$805.83M | -$645.65M | -$632M | -$582.81M | -$126.3M | -$451.1M | -$200.28B | -$461.57M | $0 | $0 | $0 | $0 |
| Sales of Investments | $447.05M | $807.63M | $821.91M | $679.68M | $594.82M | $540.35M | $110.73M | $460.67M | $505.16M | $453.73M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $145.41B | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $30.27M | -$71.91M | $16.08M | $34.03M | -$37.17M | -$42.45M | -$15.57M | $9.57M | -$58.23B | -$7.85M | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | -$61.8M | -$16K | $36.93M | -$37.39M | -$62.78M | $33.37M | $17.64M | $10.74M | - | - | - | - | - |
| Common Stock Issuance | $32.19M | $11.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$785 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$2.36M | -$11.77M | -$5.36M | -$14.54B | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$49.85M | -$46.21M | -$43.09M | -$42.04M | -$41.17M | -$42.08M | -$34.56M | -$35.26M | -$47.11M | -$48.01M | -$47.76M | -$45.28M | -$50.26M | -$48.46M |
| Other Financing Activities | $57K | -$6K | -$2K | $8K | $37.39M | $0 | -$21.06M | -$17.64M | $0 | -$233K | -$30.74M | $19.91M | -$23.14M | $51.35M |
| Net Cash from Financing | -$64.8M | $27.3M | -$43.07M | -$78.96M | -$3.78M | $18.33M | -$79.7M | -$58.25M | -$57.85M | -$48.24M | -$78.5M | -$25.38M | -$73.4M | $2.89M |
| Forex Effect | -$3.14M | -$31K | $9K | $7K | -$28K | -$10K | -$57K | -$39K | $6K | -$4K | $12K | -$13K | -$6K | $2K |
| Net Change in Cash | $545K | -$136K | -$4.36M | -$4.56M | $71K | $5.15M | $5.8M | -$1.79M | $1.88M | $860K | -$1.11M | $963K | $183K | $105K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $38.21M | -$27.4M | $38.7M | $74.39M | $3.88M | -$13.17M | $85.56M | $56.5M | $59.72M | $54.11M | $77.38M | $26.35M | $73.59M | -$2.79M |
| Capital Expenditure | $5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.36B | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $38.21M | -$27.4M | $38.7M | $74.39M | $3.88M | -$13.17M | $85.56M | $56.5M | -$3.3B | $54.11M | $77.38M | $26.35M | $73.59M | -$2.79M |
| Cash at Beginning | $1.86M | $4.94M | $9.3M | $13.86M | $13.79M | $8.64M | $7.7M | $9.49M | $1.26M | $397K | $1.51M | $548K | $365K | $260K |
| Cash at End | $2.41M | $4.8M | $4.94M | $9.3M | $13.86M | $13.79M | $13.5M | $7.7M | $3.14M | $1.26M | $397K | $1.51M | $548K | $365K |