BlackRock Limited Duration Income Trust (NYSE:BLW) to Issue $0.11 Monthly Dividend

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be given a dividend of 0.1132 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock Limited Duration Income Trust Trading Up 0.1%

BLW opened at $13.81 on Friday. The company’s 50-day moving average price is $13.79 and its 200 day moving average price is $13.97. BlackRock Limited Duration Income Trust has a fifty-two week low of $12.48 and a fifty-two week high of $14.47.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BLW. Newbridge Financial Services Group Inc. bought a new position in BlackRock Limited Duration Income Trust during the 2nd quarter worth $42,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of BlackRock Limited Duration Income Trust during the second quarter valued at $47,000. Readystate Asset Management LP bought a new position in shares of BlackRock Limited Duration Income Trust during the third quarter worth about $150,000. Moloney Securities Asset Management LLC bought a new position in shares of BlackRock Limited Duration Income Trust during the third quarter worth about $154,000. Finally, Samalin Investment Counsel LLC acquired a new stake in shares of BlackRock Limited Duration Income Trust in the 3rd quarter worth about $170,000.

About BlackRock Limited Duration Income Trust

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.