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General information

Country: UNITED STATES

Sector: Asset Management

BlackRock Limited Duration Income Trust is a diversified, closed-end management investment company. The Fund`s investment objective is to provide current income and capital appreciation. It seeks to achieve its investment objective by investing in three asset classes, such as intermediate duration, investment grade corporate bonds, mortgage-related securities, asset-backed securities and the United States Government and agency securities; senior, secured floating rate loans made to corporate and other business entities, and the United States dollar-denominated securities of the United States and non-United States issuers rated below investment grade or unrated and deemed by the investment advisor to be of comparable quality and, to a limited extent, non-United States dollar denominated securities of non-United States issuers rated below investment grade or unrated and deemed by the investment advisor to be of comparable quality. Its investment advisor is BlackRock Advisors, LLC.
Website: blackrock.cominvestingproducts240191blackrock-limited-duration-income-trust-usd-fund



Growth: Good revenue growth rate 11.6%, there is acceleration compared to average historical growth rates -6.1%. The revenue growth dynamics is unstable

Profitability: LTM net profit margin is positive, +21.1%. On average the margin is decreasing unsteadily. Gross margin is high, +66.1%.

Cash Flow Generation: Dividend yield for the last twelve months 7.9%.

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 13.7% higher than minimum and 23.9% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, Net Income margin, industries and geography on average are valued 2.5x by P / Sales multiple , the company can be >100% undervalued

Key Financials (Download financials)

Ticker: BLW
Share price, USD:  (-1.0%)13.37
year average price 13.29  


year start price 12.97 2023-05-03

min close price 12.38 2023-10-27

max close price 14.22 2024-03-12

current price 13.37 2024-05-01
Common stocks: 35 711 299

Dividend Yield:  7.9%
P / E LTM: 0.0x
P / E annualized: 0.0x
Last revenue growth (y/y):  11.6%
Last growth of Net Income (y/y):  -46.5%
Historical revenue growth:  -6.1%
Historical growth of Net Income:  1.2%
P / Sales: 0.0x
Margin (Net Income LTM / Revenue): 21.1%
Fundamental value created in LTM:
Market Cap ($m): 477
Price to Book: 0.9x

Revenue and Net Income

Quarterly values ($m)

Change (y/y)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-04-25Seeking Alpha

BLW: A Reasonable Choice For Today's Bond Market, But Watch Its NAV

2024-01-08Seeking Alpha

BLW: A Nice Compromise Holding For Your Debt Allocation, But Current Price Is Too High

2023-10-23Seeking Alpha

BLW: Leveraged High-Yield Bond CEF, Strong 10.4% Yield And Performance

2023-10-06Seeking Alpha

BLW: Silently Outperforming Due To Its Low Duration
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q2 2023 q1 2020 q1 2019 q4
date 2023-12-31 2023-06-30 2023-03-31 2020-03-31 2019-12-31
symbol BLW BLW BLW BLW BLW
reportedCurrency USD USD USD USD USD
cik 1M 1M 1M 1M 1M
fillingDate 2023-12-31 2023-06-30 2023-03-31 2020-05-04 2019-12-31
acceptedDate 2023-12-29 19:00:00 2023-06-29 20:00:00 2023-03-30 20:00:00 2020-05-04 13:27:21 2019-12-31 00:00:00
calendarYear 2023.000 2023.000 2023.000 2020.000 2019.000
period Q4 Q2 Q1 Q1 Q4
revenue 21M 12M 14M 20 731M 18M
costOfRevenue 2M 2M 0 7 027M 0
grossProfit 18M 10M 14M 13 704M 18M
grossProfitRatio 0.892 0.827 1.000 0.661 1.000
researchAndDevelopmentExpenses 0 0 0 1 723M 0
generalAndAdministrativeExpenses 0 1M 1M 5 326M 279 386
sellingAndMarketingExpenses 0 0 0 328M 0
sellingGeneralAndAdministrativeExpenses 0 1M 1M 5 654M 279 386
otherExpenses 27M 21M 0 0 43 644
operatingExpenses -27M -21M 2M 7 377M 323 030
costAndExpenses -25M -19M 2M 14 404M 323 030
interestIncome 0 3M 3M 0 14M
interestExpense 7M 6M 0 -12M 2M
depreciationAndAmortization 0 -13M -13M 927M 0
ebitda 46M 32M 293 803 4 025M 18M
ebitdaratio 2.212 2.550 0.022 0.194 0.982
operatingIncome 46M 32M 13M 3 098M 18M
operatingIncomeRatio 2.212 2.550 0.917 0.149 0.982
totalOtherIncomeExpensesNet -7M -6M 293 803 12M 0
incomeBeforeTax 39M 26M 13M 3 110M 18M
incomeBeforeTaxRatio 1.868 2.060 0.938 0.150 0.982
incomeTaxExpense 0 13M 293 803 576M 0
netIncome 39M 26M 13M 2 534M 18M
netIncomeRatio 1.868 2.060 0.938 0.122 0.982
eps 1.080 0.720 0 1.210 0.490
epsdiluted 1.080 0.720 0 1.200 0.490
weightedAverageShsOut 36M 36M 0 2 098M 36M
weightedAverageShsOutDil 36M 36M 0 2 114M 36M
link Link
finalLink Link

Balance Sheet Statement

Property 2023 q4 2023 q2 2023 q1 2022 q4 2022 q2 2021 q4
date 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2021-12-31
symbol BLW BLW BLW BLW BLW BLW
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2021-12-31
acceptedDate 2023-12-30 19:00:00 2023-06-30 00:00:00 2023-03-30 20:00:00 2022-12-31 00:00:00 2022-06-30 00:00:00 2021-12-31
calendarYear 2023.000 2023.000 2023.000 2022.000 2022.000 2021.000
period Q4 Q2 Q1 Q4 Q2 Q4
cashAndCashEquivalents 2M 41 855 41 855 2M 278 525 1M
shortTermInvestments 6M 0 0 0 0 0
cashAndShortTermInvestments 2M 41 855 41 855 2M 278 525 1M
netReceivables 18M 18M 12M 18M 23M 25M
inventory 27M 1.000 1.000 0 0 0
otherCurrentAssets -27M -20M 11M 0 0 0
totalCurrentAssets 20M 19M 23M 18M 23M 0
propertyPlantEquipmentNet 0 0 0 0 0 0
goodwill 0 0 0 0 0 0
intangibleAssets 0 0 0 0 0 0
goodwillAndIntangibleAssets 0 0 0 0 0 0
longTermInvestments 796M 739M 739M 773M 761M 940M
taxAssets 0 0 0 0 0 0
otherNonCurrentAssets -796M -739M -739M 25M 51M 0
totalNonCurrentAssets 796M 739M 739M 798M 812M 0
otherAssets 3M 4M 110 250 -18M -23M 979M
totalAssets 819M 762M 762M 798M 812M 979M
accountPayables 29M 30M 30M 33M 26M 56M
shortTermDebt 280M 243M 0 0 0 0
taxPayables 0 0 0 0 0 0
deferredRevenue -251M -213M 0 0 0 0
otherCurrentLiabilities -29M -30M 245M 0 0 0
totalCurrentLiabilities 29M 30M 274M 33M 26M 0
longTermDebt 276M 243M 0 276M 293M 313M
deferredRevenueNonCurrent 6226.000 8226.000 0 0 0 0
deferredTaxLiabilitiesNonCurrent 276M 243M 0 0 0 0
otherNonCurrentLiabilities -276M -243M 0 40M 37M 0
totalNonCurrentLiabilities 276M 243M 0 316M 330M 313M
otherLiabilities 11M 2M -0.000 -33M -26M 79M
capitalLeaseObligations 0 0 0 0 0 0
totalLiabilities 315M 275M 275M 316M 330M 391M
preferredStock 0 0 0 0 0 0
commonStock 613M 618M 618M 618M 624M 624M
retainedEarnings -109M -131M -131M -136M -142M -37M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0 0
othertotalStockholdersEquity 0 0 0 0 0 0
totalStockholdersEquity 504M 487M 487M 483M 482M 587M
totalEquity 504M 487M 487M 483M 482M 587M
totalLiabilitiesAndStockholdersEquity 819M 762M 762M 798M 812M 979M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 819M 762M 762M 798M 812M 979M
totalInvestments 796M 739M 739M 773M 761M 0
totalDebt 276M 243M 0 276M 293M 313M
netDebt 274M 243M -41 855 274M 293M 311M
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finalLink

Cash Flow Statement

Property 2023 q4 2023 q2 2023 q1 2020 q1 2019 q4
date 2023-12-31 2023-06-30 2023-03-31 2020-03-31 2019-12-31
symbol BLW BLW BLW BLW BLW
reportedCurrency USD USD USD USD USD
cik 1M 1M 1M 1M 1M
fillingDate 2023-12-31 2023-06-30 2023-03-31 2020-05-04 2019-12-31
acceptedDate 2023-12-29 19:00:00 2023-06-29 20:00:00 2023-03-30 20:00:00 2020-05-04 13:27:21 2019-12-31 00:00:00
calendarYear 2023.000 2023.000 2023.000 2020.000 2019.000
period Q4 Q2 Q1 Q1 Q4
netIncome 39M 26M 13M 2 522M 18M
depreciationAndAmortization 0 0 0 927M 0
deferredIncomeTax 0 0 0 0 0
stockBasedCompensation 0 0 0 0 0
changeInWorkingCapital -3M -136 673 -251 190 718 612M 1M
accountsReceivables -2M -165 770 -251 190 -2 931M 0
inventory 0 0 0 0 0
accountsPayables -482 923 460 824 0 0 0
otherWorkingCapital 117 368 -431 727 0 721 543M 0
otherNonCashItems -20M -15M 16M -747 594M -21M
netCashProvidedByOperatingActivities 16M 11M 28M -25 533M -3M
investmentsInPropertyPlantAndEquipment 0 0 0 -460M 0
acquisitionsNet 0 0 0 0 0
purchasesOfInvestments -390M -416M 0 -111 583M 0
salesMaturitiesOfInvestments 362M 460M 0 0 0
otherInvestingActivites 0 0 0 39 186M 0
netCashUsedForInvestingActivites -28M 44M 0 -72 857M 0
debtRepayment -40M -40M 0 -13 081M 0
commonStockIssued 0 0 0 0 0
commonStockRepurchased 0 0 0 -2 925M 0
dividendsPaid -22M -21M -10M -1 365M -14M
otherFinancingActivites 2000.000 -20M -20M 208 729M 11M
netCashUsedProvidedByFinancingActivities 18M -61M -31M 191 358M -2M
effectOfForexChangesOnCash -5M -532.000 -532.000 -967M 130 785
netChangeInCash 2M -3M -3M 92 001M -5M
cashAtEndOfPeriod 2M 41 855 -3M 23 755M 9M
cashAtBeginningOfPeriod 41 855 3M 0 -68 246M 13M
operatingCashFlow 16M 11M 28M -25 533M -3M
capitalExpenditure 0 0 0 -460M 0
freeCashFlow 16M 11M 28M -25 993M -3M
link Link
finalLink Link

Earning call transcript

Press-releases

Show financial reports only

2024-04-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2024-03-28 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2024-03-01 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2024-02-29 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2024-02-01 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2024-01-31 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2024-01-11 21:30 ET
BlackRock Closed-End Funds have Repurchased approximately $1.3 Billion of Shares since the Share Repurchase Program’s Inception
2024-01-02 22:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-12-20 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-12-05 22:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-11-30 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-11-15 21:30 ET
BlackRock Closed-End Funds Announce Renewal of Share Repurchase Programs
2023-11-01 22:00 ET
 Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-10-31 21:15 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-10-10 20:30 ET
BlackRock Closed-End Funds have Repurchased over $1 Billion of Shares since the Share Repurchase Program’s Inception
2023-10-02 23:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-09-29 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-09-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-08-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-08-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-07-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-07-12 20:30 ET
BlackRock Closed-End Fund Share Repurchase Program Update
2023-07-03 17:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-06-30 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-06-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-05-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-05-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-04-28 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-04-14 20:30 ET
CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update
2023-04-11 20:30 ET
BlackRock Closed-End Fund Share Repurchase Program Update
2023-04-03 21:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-03-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-03-01 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-02-28 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-02-01 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2023-01-31 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2023-01-09 21:30 ET
BlackRock Closed-End Fund Share Repurchase Program Update
2023-01-03 22:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-12-22 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-12-05 22:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-11-30 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-11-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-10-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-10-05 20:30 ET
BlackRock Closed-End Fund Share Repurchase Program Update
2022-10-03 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-09-30 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-09-08 21:30 ET
BlackRock Closed-End Funds Announce Renewal of Share Repurchase Programs
2022-09-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-08-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-08-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-07-29 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-07-05 21:30 ET
BlackRock Closed-End Fund Share Repurchase Program Update
2022-07-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-06-30 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-06-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-05-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-05-02 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-04-29 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-04-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-03-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-03-01 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-02-28 22:00 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2022-02-01 22:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2022-01-11 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-12-20 22:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-12-03 22:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-11-30 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-11-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-10-29 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-10-01 21:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-09-30 21:00 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-09-27 22:00 ET
Certain Closed-End Funds Announce Renewal of Share Repurchase Programs
2021-09-01 22:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-08-31 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-08-02 22:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-07-30 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-07-01 21:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-06-30 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-06-01 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-05-28 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-05-03 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-04-30 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-04-01 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-03-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-03-01 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-02-26 22:00 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-02-01 23:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2021-01-11 21:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2021-01-04 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2020-12-21 22:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2020-12-04 21:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2020-11-30 22:00 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2020-11-02 23:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2020-10-30 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2020-10-01 21:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2020-09-30 21:00 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2020-09-28 20:30 ET
Certain Closed-End Funds Announce Renewal of Share Repurchase Programs
2020-09-01 21:00 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2020-08-31 20:30 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
2020-08-03 20:30 ET
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
2020-07-31 21:00 ET
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions