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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 9.9%.

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 11.3% higher than minimum and 5.7% 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:  (0.0%)13.78
year average price 13.95  


year start price 14.35 2025-02-08

max close price 14.37 2025-03-03

min close price 12.75 2025-04-07

current price 13.78 2026-02-07
Common stocks: 35 711 299

Dividend Yield:  9.9%
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): 492
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


2025-09-14seekingalpha.com

BLW: History Of Preserving Investor Capital But Weak Dividend Coverage

2025-06-18seekingalpha.com

BLW: A Good Option For Debt Exposure If The Price Falls

2025-02-20seekingalpha.com

BLW: Too Expensive, Too Leveraged (Rating Downgrade)

2024-12-06seekingalpha.com

BLW: Positioned For U.S. Dollar Strength, But Very Expensive

2024-09-01seekingalpha.com

BLW: Leveraged High-Yield Bond And Loan CEF, Strong 9.6% Yield And Performance Track Record

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 2025 q2 2025 q1 2024 q4 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2021 q4 2020 q4 2020 q1 2019 q4
date 2025-06-30 2025-03-31 2024-12-31 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2021-12-31 2020-12-31 2020-03-31 2019-12-31
symbol BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
fillingDate 2025-06-30 2025-03-31 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2020-05-04 2019-12-31
acceptedDate 2025-06-30 00:00:00 2025-03-31 00:00:00 2024-12-31 00:00:00 2024-06-28 20:00:00 2024-03-30 20:00:00 2023-12-30 19:00:00 2023-09-29 20:00:00 2023-06-29 20:00:00 2023-03-30 20:00:00 2022-12-31 00:00:00 2021-12-31 00:00:00 2020-12-31 00:00:00 2020-05-04 13:27:21 2019-12-31 00:00:00
calendarYear 2025 2025 2024 2024 2023 2023 2023 2020 2019
period Q2 Q1 FY Q2 Q1 FY Q3 Q2 Q1 FY FY FY Q1 Q4
revenue 15M 15M 53M 16M 16M 57M 15M 12M 14M 16M 56M 35M 20 731M 18M
costOfRevenue 0 0 5M 2M 0 13M 0 2M 0 5M 5M 5M 7 027M 0
grossProfit 15M 15M 48M 13M 16M 57M 15M 10M 14M 11M 51M 30M 13 704M 18M
grossProfitRatio 1 1 0.851 1 1 0.827 1 0.661 1
researchAndDevelopmentExpenses 0 0 0 0 0 0 0 0 0 0 0 0 1 723M 0
generalAndAdministrativeExpenses 1M 1M 512 755 1M 1M 5M 1M 1M 1M 403 153 565 540 560 603 5 326M 279 386
sellingAndMarketingExpenses 0 0 0 0 0 0 0 0 0 0 0 0 328M 0
sellingGeneralAndAdministrativeExpenses 1M 1M 512 755 1M 1M 5M 1M 1M 1M 403 153 565 540 560 603 5 654M 279 386
otherExpenses 0 0 71 583 0 0 0 0 21M 0 5M 5M 5M 0 43 644
operatingExpenses 1M 1M 584 338 1M 1M 5M 8M -21M 2M 5M 6M 5M 7 377M 323 030
costAndExpenses 1M 1M -10M 1M 1M 14M 8M -19M 2M 76M 30M -5M 14 404M 323 030
interestIncome 0 0 63M 0 0 56M 4M 3M 3M 44M 42M 42M 0 14M
interestExpense 4M 4M 17M 0 0 13M 0 6M 0 6M 2M 3M -12M 2M
depreciationAndAmortization -14M -14M -59M -15M -15M -53M -14M -13M -13M -40M -37M 0 927M 0
ebitda 0 0 45M 11M 14 487M 0 5M 32M 293 803 -66M -11M 40M 4 025M 18M
ebitdaratio 0 0 0.706 0 0.365 2.55 0.022 0.194 0.982
operatingIncome 14M 14M 63M 15M 15M 53M 14M 32M 13M -61M 26M 40M 3 098M 18M
operatingIncomeRatio 0.915 0.915 0.922 0.922 0.923 2.55 0.917 0.149 0.982
totalOtherIncomeExpensesNet -2M -2M -17M -6M 8 693M 12M 5M -6M 293 803 -5M -2M -3M 12M 0
incomeBeforeTax 12M 12M 45M 9M 9M 64M 19M 26M 13M -66M 24M 37M 3 110M 18M
incomeBeforeTaxRatio 0.779 0.779 0.554 0.554 1.289 2.06 0.938 0.15 0.982
incomeTaxExpense 0 0 0 0 0 0 5M 13M 293 803 0 0 0 576M 0
netIncome 12M 12M 45M 9M 9M 64M 19M 26M 13M -66M 24M 37M 2 534M 18M
netIncomeRatio 0.779 0.779 0.554 0.554 1.289 2.06 0.938 0.122 0.982
eps 0.31 0.31 1.23 0.24 0.24 1.8 0.54 0.72 0 -1.85 0.68 1.05 1.21 0.49
epsdiluted 0.31 0.31 0.24 0.24 0.54 0.72 0 1.2 0.49
weightedAverageShsOut 39M 39M 37M 36M 36M 36M 36M 36M 0 36M 36M 36M 2 098M 36M
weightedAverageShsOutDil 39M 39M 36M 36M 36M 36M 36M 36M 0 36M 36M 36M 2 114M 36M
link Link
finalLink Link
filingDate 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
fiscalYear 2024 2023 2022 2021 2020
netInterestIncome 45M 43M 39M 40M 39M
ebit 63M 53M -61M 26M 40M
nonOperatingIncomeExcludingInterest 0 0 0 0 0
netIncomeFromContinuingOperations 45M 64M -66M 24M 37M
netIncomeFromDiscontinuedOperations 0 0 0 0 0
otherAdjustmentsToNetIncome 0 0 0 0 0
netIncomeDeductions 0 0 0 0 0
bottomLineNetIncome 45M 64M -66M 24M 37M
epsDiluted 1.23 1.8 -1.85 0.68 1.05

Balance Sheet Statement

Property 2025 q2 2025 q1 2024 q4 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q2 2021 q4 2020 q4
date 2025-06-30 2025-03-31 2024-12-31 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2021-12-31 2020-12-31
symbol BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
fillingDate 2025-06-30 2025-03-31 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-06-30
acceptedDate 2025-06-30 00:00:00 2025-03-31 00:00:00 2024-12-31 00:00:00 2024-06-28 20:00:00 2024-03-30 20:00:00 2023-12-30 19:00:00 2023-09-29 20:00:00 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 00:00:00 2020-12-31 00:00:00
calendarYear 2025 2025 2024 2024 2023 2023 2023 2022
period Q2 Q1 FY Q2 Q1 FY Q3 Q2 Q1 FY Q2 FY FY
cashAndCashEquivalents 1M 1M 2M 229 851 229 851 2M 2M 41 855 41 855 3M 278 525 2M 4M
shortTermInvestments 0 0 346 004 0 0 0 0 0 0 0 0 0 10M
cashAndShortTermInvestments 1M 1M 2M 229 851 229 851 2M 2M 41 855 41 855 3M 278 525 2M 14M
netReceivables 23M 20M 15M 20M 20M 18M 18M 18M 12M 18M 23M 25M 12M
inventory 0 0 0 0 8100 0 1 1 1 0 0 0 0
otherCurrentAssets 8522 5M -15M 3M 3M 3M 3M -20M 11M -3M 0 -2M -26M
totalCurrentAssets 25M 26M 2M 23M 23M 23M 23M 19M 23M 18M 23M 25M 0
propertyPlantEquipmentNet 0 0 0 0 0 0 0 0 0 0 0 0 0
goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0
intangibleAssets 0 0 0 0 0 0 0 0 0 0 0 0 0
goodwillAndIntangibleAssets 0 0 0 0 0 0 0 0 0 0 0 0 0
longTermInvestments 271 652 877M 851M 864M 864M 796M 796M 739M 739M 773M 761M 940M 882M
taxAssets 0 0 0 0 0 0 0 0 0 0 0 0 0
otherNonCurrentAssets 879M 494 585 0 387 523 387 523 0 233 537 -739M -739M 25M 51M 39M 0
totalNonCurrentAssets 879M 878M 851M 865M 865M 796M 796M 739M 739M 798M 812M 979M 882M
otherAssets 0 0 18M 0 0 11 119 0 4M 110 250 -18M -23M -25M 907M
totalAssets 904M 904M 871M 888M 888M 819M 819M 762M 762M 798M 812M 979M 907M
accountPayables 25M 25M 17M 38M 38M 29M 29M 30M 30M 33M 26M 52M 14M
shortTermDebt 336M 336M 338M 350M 350M 276M 276M 243M 0 276M 0 313M 279M
taxPayables 0 0 0 0 0 0 0 0 0 0 0 0 0
deferredRevenue 0 0 0 0 846 155 -251M 0 -213M 0 -559M 0 -340M -265M
otherCurrentLiabilities -336M 4M -340M 1M 1M -25M 11M -30M 245M 282M 0 29M -30M
totalCurrentLiabilities 25M 364M 17M 389M 389M 29M 315M 30M 274M 33M 26M 56M 0
longTermDebt 330M 0 0 0 0 276M 0 243M 0 0 293M 312M 0
deferredRevenueNonCurrent 0 0 0 0 0 6226 0 8226 0 8226 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 276M 0 243M 0 -8226 0 0 0
otherNonCurrentLiabilities 10M 46 233 49 675 56 418 56 418 -276M 0 -243M 0 62 569 37M 23M 0
totalNonCurrentLiabilities 340M 46 233 49 675 56 418 56 418 276M 0 243M 0 62 569 330M 336M 279M
otherLiabilities 0 0 0 0 0 11M 0 2M -0 -33M -26M -56M 303M
capitalLeaseObligations 0 0 0 0 0 0 0 0 0 0 0 0 0
totalLiabilities 365M 365M 357M 389M 389M 315M 315M 275M 275M 316M 330M 391M 303M
preferredStock 0 0 0 0 0 0 0 0 0 0 0 0 24M
commonStock 648M 648M 621M 613M 613M 613M 613M 618M 618M 618M 624M 624M 629M
retainedEarnings -109M -109M -107M -115M -115M -109M -109M -131M -131M -136M -142M -37M -25M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0 0 0 0 0 0 0 0 -24M
othertotalStockholdersEquity 0 0 -0 -0 -0 0 0 0
totalStockholdersEquity 539M 539M 514M 498M 498M 504M 504M 487M 487M 483M 482M 587M 604M
totalEquity 539M 539M 514M 498M 498M 504M 504M 487M 487M 483M 482M 587M 604M
totalLiabilitiesAndStockholdersEquity 904M 904M 888M 888M 819M 762M 762M 812M
minorityInterest 0 0 0 0 0 0 0 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 904M 904M 871M 888M 888M 819M 819M 762M 762M 798M 812M 979M 907M
totalInvestments 271 652 877M 851M 864M 864M 796M 796M 739M 739M 773M 761M 940M 882M
totalDebt 330M 336M 338M 350M 350M 276M 276M 243M 0 276M 293M 313M 279M
netDebt 329M 335M 336M 349M 349M 274M 274M 243M -41 855 274M 293M 311M 275M
link
finalLink
filingDate 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
fiscalYear 2024 2023 2022 2021 2020
accountsReceivables 15M 18M 18M 25M 0
otherReceivables 0 0 0 0 12M
prepaids 4350 4536 3938 4252 5543
totalPayables 19M 29M 33M 52M 15M
otherPayables 2M 0 0 0 1M
accruedExpenses 0 0 1M 1M 0
capitalLeaseObligationsCurrent 0 0 0 0 0
capitalLeaseObligationsNonCurrent 0 0 0 0 0
treasuryStock 0 0 0 0 0
additionalPaidInCapital 0 0 0 0 0
otherTotalStockholdersEquity 0 0 0 0 0

Cash Flow Statement

Property 2025 q2 2025 q1 2024 q4 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2021 q4 2020 q4 2020 q1 2019 q4
date 2025-06-30 2025-03-31 2024-12-31 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2021-12-31 2020-12-31 2020-03-31 2019-12-31
symbol BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW BLW
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
fillingDate 2025-06-30 2025-03-31 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2020-05-04 2019-12-31
acceptedDate 2025-06-30 00:00:00 2025-03-31 00:00:00 2024-12-31 00:00:00 2024-06-28 20:00:00 2024-03-30 20:00:00 2023-12-30 19:00:00 2023-09-29 20:00:00 2023-06-29 20:00:00 2023-03-30 20:00:00 2022-12-31 00:00:00 2021-12-31 00:00:00 2020-12-31 00:00:00 2020-05-04 13:27:21 2019-12-31 00:00:00
calendarYear 2025 2025 2024 2024 2023 2023 2023 2020 2019
period Q2 Q1 FY Q2 Q1 FY Q3 Q2 Q1 FY FY FY Q1 Q4
netIncome 12M 12M 45M 9M 9M 64M 19M 26M 13M -66M 24M 37M 2 522M 18M
depreciationAndAmortization 0 0 0 0 0 0 0 0 0 0 0 0 927M 0
deferredIncomeTax 0 0 0 0 0 0 0 0 0 0 0 0 0 0
stockBasedCompensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0
changeInWorkingCapital 853 806 853 806 -3M -2M -2M 605 624 518 336 -136 673 -251 190 -853 959 -4M 127 512 718 612M 1M
accountsReceivables -635 551 -635 551 605 714 -122 103 -122 103 -2M -1M -165 770 -251 190 65 079 367 581 -1M -2 931M 0
inventory 0 0 0 0 0 3M 0 0 0 29 911 -4M 4M 0 0
accountsPayables 0 0 34 635 -85 057 0 -22 099 0 460 824 0 -221 817 35 194 -324 186 0 0
otherWorkingCapital 1M 1M -4M -2M -2M -314 359 2M -431 727 0 -727 132 -1M -2M 721 543M 0
otherNonCashItems 5M -11M -69M -33M -33M -26M -29M -15M 16M 141M -16M -51M -747 594M -21M
netCashProvidedByOperatingActivities 18M 1M -27M -26M -26M 39M -9M 11M 28M 74M 4M -13M -25 533M -3M
investmentsInPropertyPlantAndEquipment 0 0 0 -4 0 0 0 0 0 0 0 0 -460M 0
acquisitionsNet 0 0 0 0 0 0 0 0 0 0 0 0 0 0
purchasesOfInvestments -211M 0 -880M -449M 0 -806M 0 -416M 0 -646M -632M -583M -111 583M 0
salesMaturitiesOfInvestments 197M 0 808M 373M 0 822M 0 460M 0 680M 595M 540M 0 0
otherInvestingActivites 0 0 0 0 0 0 0 39 186M 0
netCashUsedForInvestingActivites -14M 0 0 0 0 44M 0 -72 857M 0
debtRepayment -6M 0 0 0 0 -40M 0 -13 081M 0
commonStockIssued 27M 0 0 0 0 0 0 0 0
commonStockRepurchased 0 0 0 0 0 0 0 0 0 0 0 -2M -2 925M 0
dividendsPaid -13M -13M -23M -11M -11M -21M -10M -1 365M -14M
otherFinancingActivites -13M 10M 72M 36M 20M -20M -20M 208 729M 11M
netCashUsedProvidedByFinancingActivities -5M -2M 50M 25M 9M -61M -31M 191 358M -2M
effectOfForexChangesOnCash 146 545 17 342 -30 866 -13 723 -13 723 9447 5256 -532 -532 6793 -28 243 -9654 -967M 130 785
netChangeInCash -597 058 0 -135 838 -2M -1M -4M 345 640 -3M -3M -5M 71 058 5M 92 001M -5M
cashAtEndOfPeriod 1M 0 5M 229 851 -1M 5M 345 640 41 855 -3M 9M 14M 14M 23 755M 9M
cashAtBeginningOfPeriod 2M 0 5M 2M 0 9M 0 3M 0 14M 14M 9M -68 246M 13M
operatingCashFlow 1M 1M -27M -26M -26M 39M -9M 11M 28M 74M 4M -13M -25 533M -3M
capitalExpenditure 0 0 0 -4 0 0 0 0 0 0 0 0 -460M 0
freeCashFlow 1M 1M -27M -26M -26M 39M -9M 11M 28M 74M 4M -13M -25 993M -3M
link Link
finalLink Link
filingDate 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
fiscalYear 2024 2023 2022 2021 2020
otherInvestingActivities 0 0 0 0 0
netCashProvidedByInvestingActivities -72M 16M 34M -37M -42M
netDebtIssuance 62M 16 460 -37M 37M 63M
longTermNetDebtIssuance 62M 16 460 -37M 37M 63M
shortTermNetDebtIssuance 0 0 0 0 0
netStockIssuance 12M 0 0 0 -2M
netCommonStockIssuance 12M 0 0 0 -2M
commonStockIssuance 12M 0 0 0 0
netPreferredStockIssuance 0 0 0 0 0
netDividendsPaid -46M -43M -42M -41M -42M
commonDividendsPaid -46M -43M -42M -41M -42M
preferredDividendsPaid 0 0 0 0 0
otherFinancingActivities -6225 -2000 8226 0 0
netCashProvidedByFinancingActivities 27M -43M -79M -4M 18M
incomeTaxesPaid 0 0 0 0 0
interestPaid 0 0 0 0 0

Earning call transcript