BlackRock Limited Duration Income Trust (BLW) NPORT-P BlackRock Limited Duration Income Trust (Mar 2020 report)

Schedule of Investments  (unaudited) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Shares		Value
Common Stocks — 0.0%
Diversified Financial Services — 0.0%
Arrow Global Group PLC			2,735	$	3,582
Kcad Holdings I Ltd.(a)(b)			546,753,936		5,467
					9,049
Energy Equipment & Services — 0.0%
McDermott International, Inc.(b)			4,151		241
Health Care Management Services — 0.0%
New Millennium HoldCo, Inc.(b)			8,511		468
Household Durables — 0.0%
Berkline Benchcraft Equity LLC(a)(b)			3,155		—
Media — 0.0%
Clear Channel Outdoor Holdings, Inc.(b)			38,911		24,903
Metals & Mining — 0.0%
Ameriforge Group, Inc.(b)			801		40,050
Preferred Proppants LLC(a)(b)			5,738		22,952
					63,002
Software — 0.0%
Avaya Holdings Corp.(b)			19		154
Utilities — 0.0%
Texgen LLC(a)(b)			3,661		113,491
Total Common Stocks — 0.0% (Cost — $6,554,031)					211,308
		Par (000)
Asset-Backed Securities — 3.6%
522 Funding Clo I Ltd.,Series 2019-1A, Class E, (3 mo. LIBOR US + 7.34%), 9.24%, 01/15/33(d)(e)	USD		250		153,702
Allegro CLOII-S Ltd.,Series 2014-1RA, Class C, (3 mo. LIBOR US + 3.00%), 4.82%, 10/21/28(d)(e)			1,000		750,301
ALM XVI Ltd./ALM XVI LLC,Series 2015-16A, Class CR2, (3 mo. LIBOR US + 2.70%), 4.53%, 07/15/27(d)(e)			270		210,379
Anchorage Capital CLO Ltd.(d)(e):
Series2014-3RA, Class E, (3 mo. LIBOR US + 5.50%), 7.30%, 01/28/31			850		497,109
Series2014-4RA, Class D, (3 mo. LIBOR US + 2.60%), 4.40%, 01/28/31			250		175,102
Series2015-7A, Class D1R2, (3 mo. LIBOR US + 3.50%), 4.52%, 01/28/31			1,000		749,098
Series2016-8A, Class ER, (3 mo. LIBOR US + 5.75%), 7.55%, 07/28/28			1,000		661,478

Security		Par (000)		Value
Asset-Backed Securities (continued)
Benefit Street Partners CLO VII Ltd., Series 2015-VIIA, Class CR, 4.22%, 07/18/27(d)(f)	USD		250	$	187,899
BlueMountain CLO XXVI Ltd.,Series 2019-26A, Class E, (3 mo. LIBOR US + 7.70%), 9.53%, 10/20/32(d)(e)			250		168,443
CarVal CLO III Ltd.,Series 2019-2A, Class E, (3 mo. LIBOR US + 6.44%), 8.26%, 07/20/32(d)(e)			500		275,499
CarVal CLO Ltd.,Series 2018-1A, Class E, 7.61%, 07/16/31(d)			500		277,441
Cedar Funding IV CLO Ltd.,Series 2014-4A, Class DR, (3 mo. LIBOR US + 3.65%), 5.46%, 07/23/30(d)(e)			500		386,458
Clear Creek CLO,Series 2015-1A, Class DR, 4.77%, 10/20/30(d)			250		177,070
Credit Suisse ABS Repackaging Trust,Series 2013-A, Class B, 2.50%, 01/25/30(d)			386		377,481
Dryden 36 Senior Loan Fund,Series 2014-36A, Class DR2, (3 mo. LIBOR US + 3.70%), 5.53%, 04/15/29(d)(e)			250		196,426
Dryden 64 CLO Ltd.,Series 2018-64A, Class D, (3 mo. LIBOR US + 2.65%), 4.47%, 04/18/31(d)(e)			250		170,998
Elmwood CLO III Ltd.,Series 2019-3A, Class E, (3 mo. LIBOR US + 7.00%), 8.90%, 10/15/32(d)(e)			950		605,527
Litigation Fee Residual Funding, 4.00%, 10/30/27(a)			765		762,931
Madison Park Funding X Ltd.,Series 2012-10A, Class ER2, (3 mo. LIBOR US + 6.40%), 8.22%, 01/20/29(d)(e)			500		347,488
Madison Park Funding XV Ltd.,Series 2014-15A, Class B1R, (3 mo. LIBOR US + 2.20%), 3.99%, 01/27/26(d)(e)			1,500		1,245,858
Madison Park Funding XVI Ltd.,Series 2015-16A, Class C, (3 mo. LIBOR US + 3.70%), 5.52%, 04/20/26(d)(e)			300		241,371
Neuberger Berman CLO XX Ltd.,Series 2015-20A, Class ER, (3 mo. LIBOR US + 5.00%), 6.83%, 01/15/28(d)(e)			790		516,933
Oaktree CLO Ltd.,Series 2015-1A, Class DR, (3 mo. LIBOR US + 5.20%), 7.02%, 10/20/27(d)(e)			500		338,022

1

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Asset-Backed Securities (continued)
Octagon Investment Partners LLC,Series 2017-1A, Class E, (3 mo. LIBOR US + 6.30%), 8.12%, 07/20/30(d)(e)	USD		500	$	322,276
OZLM Funding Ltd.,Series 2012-1A, Class CR2, (3 mo. LIBOR US + 3.60%), 5.40%, 07/22/29(d)(e)			250		194,090
OZLM VIII Ltd.,Series 2014-8A(d)(e):
Class BRR, (3 mo. LIBOR US + 2.20%), 4.04%, 10/17/29			2,500		2,051,425
Class CRR, (3 mo. LIBOR US + 3.15%), 4.99%, 10/17/29			250		186,900
OZLM XXI Ltd.,Series 2017-21A, Class D, (3 mo. LIBOR US + 5.54%), 7.36%, 01/20/31(d)(e)			250		141,955
Park Avenue Institutional Advisers CLO Ltd.,Series 2017-1A, Class D, (3 mo. LIBOR US + 6.22%), 7.92%, 11/14/29(d)(e)			1,750		1,129,523
Rockford Tower CLO Ltd.(d)(e):
Series2017-1A, Class DR, (3 mo. LIBOR US + 2.65%), 4.36%, 04/15/29			250		182,887
Series2017-2A, Class DR, (3 mo. LIBOR US + 2.85%), 4.10%, 10/15/29			500		380,878
Sterling Coofs Trust(a)(d):
Series2004-1, Class A, 2.36%, 04/15/29			1,565		54,297
Series2004-2, Class Note, 2.08%, 03/30/30			2,301		76,210
Symphony CLO XVIII Ltd.,Series 2016-18A, Class D, (3 mo. LIBOR US + 4.00%), 5.81%, 01/23/28(d)(e)			1,000		776,473
TICP CLO VII Ltd.,Series 2017-7A, Class ER, (3 mo. LIBOR US + 7.05%), 8.56%, 04/15/33(d)(e)			250		155,606
Venture XXVI CLO Ltd.,Series 2017-26A, Class D, (3 mo. LIBOR US + 4.25%), 6.07%, 01/20/29(d)(e)			1,000		782,377
Voya CLO Ltd.,Series 2014-3A, Class CR, (3 mo. LIBOR US + 2.65%), 4.44%, 07/25/26(d)(e)			250		189,806
Wellfleet CLO Ltd.,Series 2017-3A, Class B, (3 mo. LIBOR US + 1.95%), 3.79%, 01/17/31(d)(e)			500		399,724
Westcott Park CLO Ltd.,Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.25%), 5.07%, 07/20/28(d)(e)			500		385,215
York CLO Ltd.(d)(e):
Series2016-1A, Class DR, (3 mo. LIBOR US + 3.60%), 5.42%, 10/20/29			250		191,369

Security		Par (000)		Value
Asset-Backed Securities (continued)
Series2016-2A, Class ER, (3 mo. LIBOR US + 6.75%), 1.00%, 04/20/32(a)	USD		1,000	$	995,000
Total Asset-Backed Securities — 3.6% (Cost — $24,239,829)					18,069,025
Corporate Bonds — 71.8%
Aerospace & Defense — 2.6%
Amsted Industries, Inc., 5.63%, 07/01/27(d)			156		151,775
Arconic, Inc.:
5.13%, 10/01/24(g)			808		797,900
5.40%, 04/15/21			10		9,914
5.87%, 02/23/22			730		718,831
Bombardier, Inc.(d):
8.75%, 12/01/21(g)			635		527,844
5.75%, 03/15/22			108		81,810
6.00%, 10/15/22			8		6,000
6.13%, 01/15/23(g)			338		238,290
7.50%, 12/01/24			135		91,125
7.50%, 03/15/25			176		125,752
7.88%, 04/15/27(g)			1,184		790,142
CenturyLink, Inc., 4.00%, 02/15/27(d)(g)			466		452,020
Global Aircraft Leasing Co. Ltd., (6.5% Cash or 7.25% PIK), 6.50%, 09/15/24(d)(h)			429		274,959
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25(d)			378		345,870
Moog, Inc., 4.25%, 12/15/27(d)			302		272,555
Signature Aviation US Holdings, Inc.(d):
5.38%, 05/01/26			271		262,193
4.00%, 03/01/28			321		289,799
TransDigm UK Holdings PLC, 6.88%, 05/15/26(g)			464		431,520
TransDigm, Inc., 6.25%, 03/15/26(d)(g)			6,141		6,117,971
Wolverine Escrow LLC(d):
8.50%, 11/15/24			256		204,157
9.00%, 11/15/26			1,007		818,187
					13,008,614
Air Freight & Logistics — 0.0%
XPO Logistics, Inc., 6.75%, 08/15/24(d)			18		17,600
Airlines — 1.5%
Air Canada Pass-Through Trust,Series 2015-1, Class B, 3.88%, 09/15/24(d)(g)			994		924,911
American Airlines Pass-Through Trust:
Series2013-2, Class A, 4.95%, 07/15/24(g)			1,823		1,852,278
Series2017-1, Class B, 4.95%, 02/15/25			1,142		987,965

2

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Airlines (continued)
Avianca Holdings SA, 9.00%, 05/10/23(d)	USD		239	$	50,489
Gol Finance SA, 7.00%, 01/31/25(d)			200		85,000
Latam Finance Ltd., 6.88%, 04/11/24(d)			203		90,244
United Airlines Pass-Through Trust(g):
Series2014-2, Class B, 4.63%, 09/03/22			1,336		1,249,991
Series2015-1, Class A, 3.70%, 12/01/22			2,430		2,361,206
					7,602,084
Auto Components — 1.2%
Allison Transmission, Inc.(d):
5.00%, 10/01/24			28		27,160
5.88%, 06/01/29			358		336,520
Aptiv PLC, 4.40%, 10/01/46			240		184,568
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28(d)			258		206,400
Goodyear Tire & Rubber Co., 5.00%, 05/31/26			67		61,808
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
6.25%, 02/01/22			299		299,747
6.75%, 02/01/24			314		303,010
4.75%, 09/15/24			93		85,533
6.38%, 12/15/25			120		113,400
6.25%, 05/15/26			366		345,870
5.25%, 05/15/27			489		451,714
Panther BF Aggregator 2 LP/Panther Finance Co., Inc.:
4.38%, 05/15/26	EUR		100		91,541
6.25%, 05/15/26(d)	USD		1,737		1,641,465
8.50%, 05/15/27(d)(g)			1,778		1,551,127
Tesla, Inc., 5.30%, 08/15/25(d)			299		280,312
					5,980,175
Banks — 2.2%
Al Ahli Bank of Kuwait KSCP, (5 year USD Swap + 4.17%), 7.25%(i)(j)			200		168,500
Banca Monte dei Paschi di Siena SpA, 2.63%, 04/28/25	EUR		100		91,538
Banco BPM SpA, 2.50%, 06/21/24			100		102,903
Banco de Sabadell SA, (5 year EUR Swap + 2.20%), 2.00%, 01/17/30(i)			100		80,340
Banco Espirito Santo SA(b)(c):
4.75%, 01/15/20			100		17,646
4.00%, 01/21/21			100		17,646
Bancolombia SA, (5 year CMT + 2.94%), 4.63%, 12/18/29(i)	USD		200		176,250
Banistmo SA, 3.65%, 09/19/22			200		185,187
Bank Tabungan Negara Persero Tbk PT, 4.20%, 01/23/25			200		171,000

Security		Par (000)		Value
Banks (continued)
Barclays PLC(g):
4.38%, 09/11/24	USD		580	$	577,967
3.65%, 03/16/25			3,600		3,520,767
5.20%, 05/12/26			200		205,480
BBVA Bancomer SA, 6.75%, 09/30/22(d)			192		190,603
Chong Hing Bank Ltd., (5 year CMT + 3.86%), 5.70%(i)(j)			250		212,891
CIT Group, Inc., 5.00%, 08/01/23			382		367,526
Emirates NBD Bank PJSC, (6 year USD Swap + 3.66%), 6.13%(i)(j)			250		211,094
HSBC Holdings PLC, 4.38%, 11/23/26(g)			395		415,860
Santander Holdings USA, Inc., 4.50%, 07/17/25(g)			1,750		1,785,362
Santander UK Group Holdings PLC, 2.88%, 08/05/21(g)			950		938,286
Standard Chartered PLC, (3 mo. LIBOR US + 1.08%), 3.89%, 03/15/24(d)(g)(i)			1,500		1,522,122
					10,958,968
Beverages — 0.2%
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.90%, 02/01/46			800		871,331
Central American Bottling Corp., 5.75%, 01/31/27(d)			176		150,220
Crown Cork & Seal Co., Inc., 7.38%, 12/15/26			34		34,850
Crown European Holdings SA, 2.25%, 02/01/23(d)	EUR		100		107,914
					1,164,315
Building Materials — 0.0%
CEMEX Finance LLC, 4.63%, 06/15/24			100		105,051
Building Products — 0.4%
Advanced Drainage Systems, Inc., 5.00%, 09/30/27(d)	USD		262		233,180
Beacon Roofing Supply, Inc.(d):
4.88%, 11/01/25			18		16,245
4.50%, 11/15/26			88		81,206
CPG Merger Sub LLC, 8.00%, 10/01/21(d)			324		314,410
Jeld-Wen, Inc.(d):
4.63%, 12/15/25			138		121,440
4.88%, 12/15/27			19		16,767
Masonite International Corp.(d):
5.75%, 09/15/26			86		84,280
5.38%, 02/01/28			120		117,936
Standard Industries, Inc.:
5.50%, 02/15/23(d)			29		27,985
5.38%, 11/15/24(d)			404		389,860

3

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Building Products (continued)
6.00%, 10/15/25(d)	USD		600	$	589,680
2.25%, 11/21/26	EUR		100		87,538
5.00%, 02/15/27(d)	USD		36		32,760
4.75%, 01/15/28(d)			46		42,364
					2,155,651
Capital Markets — 0.5%
CFLD Cayman Investment Ltd., 6.90%, 01/13/23			200		163,834
Goldman Sachs Group, Inc., Series R, (5 year CMT + 3.22%), 4.95%(i)(j)			730		649,700
Intertrust Group BV, 3.38%, 11/15/25	EUR		100		104,996
LABL Escrow Issuer LLC, 6.75%, 07/15/26(d)	USD		380		349,600
Morgan Stanley, 4.00%, 07/23/25(g)			965		1,017,165
Owl Rock Capital Corp., 5.25%, 04/15/24(g)			88		85,356
Stevens Holding Co., Inc., 6.13%, 10/01/26(d)			167		164,982
					2,535,633
Chemicals — 1.8%
Ashland Services BV, 2.00%, 01/30/28	EUR		100		95,677
Atotech Alpha 2 BV, (8.75% Cash or 9.50% PIK), 8.75%, 06/01/23(d)(h)	USD		656		590,400
Atotech Alpha 3 BV/Alpha US Bidco, Inc., 6.25%, 02/01/25(d)(g)			1,830		1,685,887
Axalta Coating Systems LLC, 4.88%, 08/15/24(d)			608		583,680
Blue Cube Spinco LLC:
9.75%, 10/15/23			596		619,095
10.00%, 10/15/25			380		400,938
Chemours Co.:
6.63%, 05/15/23			259		220,150
7.00%, 05/15/25			20		16,650
Cydsa SAB de CV, 6.25%, 10/04/27(d)			252		182,739
Element Solutions, Inc., 5.88%, 12/01/25(d)(g)			1,384		1,356,320
ENN Clean Energy International Investment Ltd., 7.50%, 02/27/21			200		186,250
GCP Applied Technologies, Inc., 5.50%, 04/15/26(d)			165		153,450
Monitchem HoldCo 3 SA, 5.25%, 03/15/25	EUR		100		91,541
NOVA Chemicals Corp., 4.88%, 06/01/24(d)	USD		67		58,793
Orbia Advance Corp SAB de CV, 5.50%, 01/15/48(d)			200		172,500
PQ Corp.(d):
6.75%, 11/15/22			463		465,334
5.75%, 12/15/25			543		488,700
Valvoline, Inc., 4.25%, 02/15/30(d)			260		243,724

Security		Par (000)		Value
Chemicals (continued)
Vedanta Resources Finance II PLC, 9.25%, 04/23/26	USD		282	$	113,787
WR Grace &Co-Conn(d):
5.13%, 10/01/21(g)			741		748,410
5.63%, 10/01/24			216		212,695
Yingde Gases Investment Ltd., 6.25%, 01/19/23			200		181,500
					8,868,220
Commercial Services & Supplies — 1.3%
ADT Security Corp.:
6.25%, 10/15/21			139		135,873
3.50%, 07/15/22			55		53,625
4.13%, 06/15/23			9		8,797
4.88%, 07/15/32(d)			575		488,577
Advanced Disposal Services, Inc., 5.63%, 11/15/24(d)			147		148,838
Allied Universal Holdco LLC/Allied Universal Finance Corp., 9.75%, 07/15/27(d)			520		490,048
Booz Allen Hamilton, Inc., 5.13%, 05/01/25(d)			383		375,340
Clean Harbors, Inc.(d)(g):
4.88%, 07/15/27			250		244,725
5.13%, 07/15/29			172		159,960
Core & Main LP, 6.13%, 08/15/25(d)(g)			1,044		970,920
Garda World Security Corp., 9.50%, 11/01/27(d)(g)			136		121,570
GFL Environmental, Inc.(d):
5.13%, 12/15/26			458		446,550
8.50%, 05/01/27			233		234,095
KAR Auction Services, Inc., 5.13%, 06/01/25(d)			380		362,900
Mobile Mini, Inc., 5.88%, 07/01/24			499		477,792
Ritchie Bros Auctioneers, Inc., 5.38%, 01/15/25(d)			472		470,815
Summer BC Holdco B Sarl, 5.75%, 10/31/26	EUR		100		91,761
United Rentals North America, Inc.:
4.63%, 10/15/25	USD		269		258,240
5.88%, 09/15/26			17		17,218
5.50%, 05/15/27			339		342,136
3.88%, 11/15/27			200		189,000
Vericast Corp., 8.38%, 08/15/22(d)			398		306,958
					6,395,738
Communications Equipment — 0.6%
CommScope, Inc.(d):
5.50%, 03/01/24(g)			707		715,484
6.00%, 03/01/26			239		238,642
Gogo Intermediate Holdings LLC/Gogo Finance Co., Inc., 9.88%, 05/01/24(d)			70		55,300

4

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Communications Equipment (continued)
Motorola Solutions, Inc., 3.75%, 05/15/22(g)	USD		843	$	843,242
Nokia OYJ:
3.38%, 06/12/22			106		105,540
4.38%, 06/12/27			149		144,530
6.63%, 05/15/39			200		202,600
ViaSat, Inc., 5.63%, 04/15/27(d)			593		585,587
					2,890,925
Construction & Engineering — 0.3%
Brand Industrial Services, Inc., 8.50%, 07/15/25(d)			498		391,030
Delhi International Airport Ltd., 6.45%, 06/04/29			200		164,187
frontdoor, Inc., 6.75%, 08/15/26(d)			473		452,898
PulteGroup, Inc., 7.88%, 06/15/32			21		23,100
SPIE SA, 2.63%, 06/18/26	EUR		100		98,323
SRS Distribution, Inc., 8.25%, 07/01/26(d)(g)	USD		296		224,960
					1,354,498
Construction Materials — 0.8%
American Builders & Contractors Supply Co., Inc.(d):
5.88%, 05/15/26			412		392,430
4.00%, 01/15/28			375		341,250
Core & Main Holdings LP, (8.625% Cash or 9.38% PIK), 8.63%, 09/15/24(d)(h)			464		424,560
HD Supply, Inc., 5.38%, 10/15/26(d)(g)			1,956		1,901,467
Navistar International Corp., 6.63%, 11/01/25(d)			448		372,960
New Enterprise Stone & Lime Co., Inc.(d):
10.13%, 04/01/22			136		135,660
6.25%, 03/15/26			74		68,080
Williams Scotsman International, Inc.(d):
7.88%, 12/15/22			98		95,599
6.88%, 08/15/23			391		355,810
					4,087,816
Consumer Discretionary — 0.2%
Dun & Bradstreet Corp., 6.88%, 08/15/26(d)(g)			1,062		1,104,480
Nielsen Co. Luxembourg Sarl, 5.00%, 02/01/25(d)			135		125,213
					1,229,693
Consumer Finance — 1.9%
Ally Financial, Inc., 8.00%, 11/01/31(g)			1,543		1,787,874
Husky III Holding Ltd., (13.00% PIK), 13.00%, 02/15/25(d)(h)			616		452,440

Security		Par (000)		Value
Consumer Finance (continued)
Muthoot Finance Ltd.:
6.13%, 10/31/22(d)	USD		427	$	363,751
4.40%, 09/02/23			200		155,403
Navient Corp.:
5.00%, 10/26/20			310		305,350
7.25%, 09/25/23			129		125,138
6.13%, 03/25/24			86		79,550
5.88%, 10/25/24			129		118,680
5.00%, 03/15/27			258		221,802
Refinitiv US Holdings, Inc.:
4.50%, 05/15/26	EUR		100		109,187
4.50%, 05/15/26(d)			400		436,748
6.25%, 05/15/26(d)(g)	USD		1,668		1,722,210
8.25%, 11/15/26(d)(g)			972		1,025,460
Springleaf Finance Corp.:
6.13%, 05/15/22			70		70,721
6.88%, 03/15/25			281		283,001
7.13%, 03/15/26			374		370,260
6.63%, 01/15/28			221		208,845
5.38%, 11/15/29			164		150,060
Verscend Escrow Corp., 9.75%, 08/15/26(d)			1,758		1,754,695
					9,741,175
Containers & Packaging — 1.6%
ARD Finance SA, (6.50% Cash or 7.25% PIK), 6.50%, 06/30/27(d)(h)			891		765,280
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.:
4.13%, 08/15/26(d)(g)			262		260,690
4.75%, 07/15/27(d)	GBP		100		113,342
4.75%, 07/15/27			100		113,342
Berry Global, Inc.:
1.00%, 01/15/25	EUR		100		100,364
4.88%, 07/15/26(d)	USD		395		398,950
Celulosa Arauco y Constitucion SA, 4.20%, 01/29/30			200		170,937
Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26			196		193,060
Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26(g)			523		535,918
Graphic Packaging International LLC, 3.50%, 03/15/28(d)			118		106,164
Intertape Polymer Group, Inc., 7.00%, 10/15/26(d)			201		191,955
Mauser Packaging Solutions Holding Co., 5.50%, 04/15/24(d)(g)			1,394		1,282,480
OI European Group BV, 2.88%, 02/15/25	EUR		100		102,128

5

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Containers & Packaging (continued)
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu(d):
(3 mo. LIBOR US + 3.50%), 5.33%, 07/15/21(e)	USD		433	$	422,175
5.13%, 07/15/23			146		144,540
7.00%, 07/15/24(g)			344		349,590
Sealed Air Corp.(d):
5.13%, 12/01/24			46		46,230
6.88%, 07/15/33			44		44,087
Silgan Holdings, Inc., 4.13%, 02/01/28(d)			228		210,330
Trivium Packaging Finance BV:
3.75%, 08/15/26	EUR		100		100,309
5.50%, 08/15/26(d)	USD		1,004		998,980
8.50%, 08/15/27(d)(g)			1,367		1,373,835
					8,024,686
Diversified Consumer Services — 0.6%
APX Group, Inc.:
7.88%, 12/01/22(g)			252		236,965
8.50%, 11/01/24(d)			60		54,751
Ascend Learning LLC(d):
6.88%, 08/01/25			317		307,490
6.88%, 08/01/25(g)			690		669,300
Garda World Security Corp., 4.63%, 02/15/27(d)			267		238,965
Graham Holdings Co., 5.75%, 06/01/26(d)			211		206,780
Laureate Education, Inc., 8.25%, 05/01/25(d)			114		113,430
Pinnacle Bidco PLC, 6.38%, 02/15/25	GBP		100		83,221
Prime Security Services Borrower LLC/Prime Finance, Inc.(d):
5.25%, 04/15/24	USD		141		139,278
5.75%, 04/15/26(g)			320		313,600
Service Corp. International, 5.13%, 06/01/29			238		242,760
ServiceMaster Co. LLC, 5.13%, 11/15/24(d)(g)			598		590,525
					3,197,065
Diversified Financial Services — 2.5%
Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.63%, 07/15/26(d)(g)			1,752		1,721,340
Alpha Holding SA de CV, 9.00%, 02/10/25(d)			200		134,000
Altice France Holding SA:
8.00%, 05/15/27	EUR		200		231,596
10.50%, 05/15/27(d)	USD		1,473		1,554,015
6.00%, 02/15/28(d)			382		336,038

Security		Par (000)		Value
Diversified Financial Services (continued)
Arrow Global Finance PLC, 5.13%, 09/15/24	GBP		100	$	106,821
CFLD Cayman Investment Ltd.:
8.63%, 02/28/21	USD		200		193,000
8.60%, 04/08/24			200		161,375
Citigroup, Inc., Series V, (Secured Overnight Financing Rate + 3.23%), 4.70%(i)(j)			620		531,092
F-BrasileSpA/F-Brasile US LLC, Series XR, 7.38%, 08/15/26(d)			423		420,885
Ford Motor Credit Co. LLC:
5.88%, 08/02/21			222		217,560
2.98%, 08/03/22			249		231,570
3.81%, 01/09/24			229		207,245
4.13%, 08/04/25			411		364,557
Garfunkelux Holdco 3 SA, 7.50%, 08/01/22	EUR		100		75,322
General Motors Financial Co., Inc., 4.38%, 09/25/21(g)	USD		530		487,998
Gilex Holding Sarl, 8.50%, 05/02/23(d)			182		154,791
Greenko Dutch BV, 5.25%, 07/24/24			200		160,464
Greenko Mauritius Ltd., 6.25%, 02/21/23			200		176,448
Intesa Sanpaolo SpA, 5.02%, 06/26/24(d)(g)			2,442		2,391,934
Intrum AB, 3.00%, 09/15/27	EUR		100		77,887
LHC3 PLC, (4.13% Cash or 4.88% PIK), 4.13%, 08/15/24(h)			100		91,680
Lloyds Banking Group PLC, (5 year CMT + 4.82%), 6.75%(i)(j)	USD		450		370,125
Manappuram Finance Ltd., 5.90%, 01/13/23			200		144,000
Mong Doung Financial Holdings BV, 5.13%, 05/07/29			250		208,081
Murphy Oil USA, Inc., 4.75%, 09/15/29			163		152,812
Scenery Journey Ltd.:
11.00%, 11/06/20			200		190,625
11.50%, 10/24/22			219		163,411
13.00%, 11/06/22			200		154,841
Spectrum Brands, Inc., 5.00%, 10/01/29(d)			162		137,700
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 6.75%, 06/01/25(d)(g)			752		688,125
Usiminas International Sarl, 5.88%, 07/18/26(d)			200		152,812
VZ Vendor Financing BV, 2.50%, 01/31/24	EUR		100		103,893
Wanda Group Overseas Ltd., 7.50%, 07/24/22	USD		200		176,150

6

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Diversified Financial Services (continued)
WMG Acquisition Corp., 5.50%, 04/15/26(d)	USD		166	$	162,265
					12,832,458
Diversified Telecommunication Services — 1.8%
Axtel SAB de CV, 6.38%, 11/14/24(d)			200		159,104
CenturyLink, Inc.:
5.13%, 12/15/26(d)(g)			1,082		1,082,000
Series P, 7.60%, 09/15/39			308		298,760
Series U, 7.65%, 03/15/42			391		379,270
Series W, 6.75%, 12/01/23(g)			512		544,154
Series Y, 7.50%, 04/01/24(g)			516		565,020
Cincinnati Bell, Inc., 7.00%, 07/15/24(d)			82		82,512
Frontier Communications Corp., 8.00%, 04/01/27(b)(d)(g)			1,478		1,457,722
GCI LLC, 6.63%, 06/15/24(d)			153		151,470
Level 3 Financing, Inc.:
5.38%, 08/15/22			155		155,775
5.63%, 02/01/23			61		60,695
5.13%, 05/01/23			295		289,835
5.38%, 05/01/25			90		89,550
5.25%, 03/15/26(g)			865		864,459
4.63%, 09/15/27(d)			143		142,128
Oi SA, (8.00% Cash or 4.00% PIK), 10.00%, 07/27/25(h)			220		150,150
SoftBank Group Corp.:
4.50%, 04/20/25	EUR		100		98,864
4.75%, 07/30/25			100		100,517
5.00%, 04/15/28			100		97,232
Telecom Argentina SA, 8.00%, 07/18/26(d)	USD		203		155,041
Telecom Italia Capital SA:
6.38%, 11/15/33			137		139,055
6.00%, 09/30/34			423		418,770
7.20%, 07/18/36			90		93,150
7.72%, 06/04/38			163		172,325
Telecom Italia SpA:
4.00%, 04/11/24	EUR		150		164,583
5.30%, 05/30/24(d)(g)	USD		600		603,036
2.75%, 04/15/25	EUR		100		103,397
Telesat Canada/Telesat LLC, 4.88%, 06/01/27(d)	USD		332		316,994
Verizon Communications, Inc., 3.38%, 02/15/25(g)			156		166,639
					9,102,207
Electric Utilities — 0.6%
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energy, 6.25%, 12/10/24			200		175,987
Black Hills Corp., 3.15%, 01/15/27(g)			305		325,366
Enel Finance International NV, 3.63%, 05/25/27(d)(g)			900		912,852

Security		Par (000)		Value
Electric Utilities (continued)
Energuate Trust, 5.88%, 05/03/27(d)	USD		200	$	191,850
Exelon Corp., 3.40%, 04/15/26(g)			140		135,709
Inkia Energy Ltd., 5.88%, 11/09/27(d)			377		336,472
NextEra Energy Operating Partners LP(d):
4.25%, 07/15/24			528		514,800
4.25%, 09/15/24			101		98,475
4.50%, 09/15/27			39		38,025
ReNew Power Synthetic, 6.67%, 03/12/24			200		159,062
Talen Energy Supply LLC:
6.50%, 06/01/25			50		32,365
10.50%, 01/15/26(d)			50		36,000
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc.(a):
Term Loan, 1.00%, 11/10/20(b)(c)			780		—
11.50%, 10/01/20			300		—
10.50%, 11/01/20			31		152
10.25%(j)			47		—
					2,957,115
Electronic Equipment, Instruments & Components — 0.2%
CDW LLC/CDW Finance Corp.:
5.50%, 12/01/24(g)			655		682,700
5.00%, 09/01/25			107		110,242
Itron, Inc., 5.00%, 01/15/26(d)			25		23,750
					816,692
Energy Equipment & Services — 0.3%
Apergy Corp., 6.38%, 05/01/26			239		184,030
Archrock Partners LP/Archrock Partners Finance Corp., 6.88%, 04/01/27(d)			147		104,385
Gates Global LLC/Gates Global Co., 6.25%, 01/15/26(d)			316		279,660
Halliburton Co., 3.80%, 11/15/25(g)			7		6,607
Odebrecht Oil & Gas Finance Ltd., 0.00%(d)(j)(k)	BRL		43		244
Pattern Energy Group, Inc., 5.88%, 02/01/24(d)	USD		299		296,811
Transocean, Inc., 8.38%, 12/15/21			51		29,583
USA Compression Partners LP/USA Compression Finance Corp.:
6.88%, 04/01/26			322		201,250
6.88%, 09/01/27			503		311,860
					1,414,430
Environmental, Maintenance, & Security Service — 0.2%
GFL Environmental, Inc., 7.00%, 06/01/26(d)			566		547,840
Tervita Corp., 7.63%, 12/01/21(d)			343		240,100

7

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Environmental, Maintenance, & Security Service (continued)
Waste Pro USA, Inc., 5.50%, 02/15/26(d)	USD		436	$	404,521
					1,192,461
Equity Real Estate Investment Trusts (REITs) — 2.4%
AvalonBay Communities, Inc., 3.45%, 06/01/25(g)			1,245		1,277,243
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL, 5.75%, 05/15/26(d)			141		114,405
ERP Operating LP, 3.38%, 06/01/25(g)			1,015		1,051,070
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25(d)			389		334,540
Fortune Star BVI Ltd.:
6.88%, 01/31/21			200		192,000
5.95%, 01/29/23			200		176,562
6.75%, 07/02/23			250		224,219
GLP Capital LP/GLP Financing II, Inc.(g):
5.25%, 06/01/25			108		99,900
5.38%, 04/15/26			174		154,234
Hilton Domestic Operating Co., Inc., 4.25%, 09/01/24			337		315,095
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.63%, 04/01/25			30		27,900
Iron Mountain, Inc.(d):
4.88%, 09/15/27			397		385,090
4.88%, 09/15/29			198		185,997
iStar, Inc., 5.25%, 09/15/22			67		61,808
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.25%, 02/01/27(d)(g)			824		650,960
LMIRT Capital Pte Ltd., 7.25%, 06/19/24			229		193,276
Marriott Ownership Resorts, Inc./ILG LLC, 6.50%, 09/15/26			40		34,800
MGM Growth Properties Operating Partnership LP/MGP FinanceCo-Issuer, Inc.:
5.63%, 05/01/24(g)			1,334		1,280,640
4.50%, 09/01/26(g)			637		528,710
5.75%, 02/01/27			27		23,490
4.50%, 01/15/28			432		367,200
MPT Operating Partnership LP/MPT Finance Corp.:
5.50%, 05/01/24			73		70,993
5.00%, 10/15/27(g)			991		961,270
4.63%, 08/01/29(g)			456		424,080
Ryman Hospitality Properties, Inc., 4.75%, 10/15/27(d)			542		406,500
SBA Communications Corp., 4.88%, 09/01/24(g)			1,195		1,211,431

Security		Par (000)		Value
Equity Real Estate Investment Trusts (REITs) (continued)
Starwood Property Trust, Inc., 5.00%, 12/15/21	USD		234	$	214,110
Trust F/1401, 6.95%, 01/30/44			200		188,000
Ventas Realty LP, 4.13%, 01/15/26(g)			650		649,509
VICI Properties LP/VICI Note Co., Inc., 4.63%, 12/01/29(d)			498		454,365
					12,259,397
Food & Staples Retailing — 0.5%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertson’s LLC:
6.63%, 06/15/24			186		188,790
5.75%, 03/15/25			70		70,728
7.50%, 03/15/26(d)			107		115,325
4.63%, 01/15/27(d)			666		662,670
5.88%, 02/15/28(d)			320		325,696
4.88%, 02/15/30(d)			246		245,385
BRF GmbH, 4.35%, 09/29/26			200		169,781
Health & Happiness H&H International Holdings Ltd., 5.63%, 10/24/24			200		186,250
Kraft Heinz Foods Co., 4.63%, 10/01/39(d)			106		94,927
Post Holdings, Inc., 4.63%, 04/15/30(d)			491		470,132
					2,529,684
Food Products — 1.8%
Aramark Services, Inc.(d):
5.00%, 04/01/25			623		589,732
5.00%, 02/01/28(g)			558		519,286
Chobani LLC/Chobani Finance Corp., Inc., 7.50%, 04/15/25(d)(g)			416		378,560
Darling Ingredients, Inc., 5.25%, 04/15/27(d)			302		292,849
Graphic Packaging International LLC, 4.75%, 07/15/27(d)			89		87,042
Grupo Bimbo SAB de CV, (5 year CMT + 3.28%), 5.95%(d)(i)(j)			200		184,375
JBS USA LUX SA/JBS USA Finance, Inc.(d):
5.88%, 07/15/24			412		417,150
5.75%, 06/15/25(g)			1,006		1,016,060
6.75%, 02/15/28			361		384,638
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc.(d):
6.50%, 04/15/29			735		788,435
5.50%, 01/15/30			675		696,938
Kraft Heinz Foods Co.:
5.00%, 07/15/35			127		126,264
6.88%, 01/26/39			233		266,511
6.50%, 02/09/40			155		169,131
5.00%, 06/04/42			129		122,135

8

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Food Products (continued)
5.20%, 07/15/45	USD		351	$	337,449
4.38%, 06/01/46			403		363,030
4.88%, 10/01/49(d)			1,057		961,092
MARB BondCo PLC, 6.88%, 01/19/25(d)			200		178,938
MHP Lux SA, 6.25%, 09/19/29(d)			200		164,000
Minerva Luxembourg SA, 6.50%, 09/20/26(d)			200		183,500
Post Holdings, Inc.(d):
5.75%, 03/01/27			253		259,252
5.63%, 01/15/28			73		74,095
5.50%, 12/15/29			230		238,579
Simmons Foods, Inc., 7.75%, 01/15/24(d)			270		270,000
					9,069,041
Health Care Equipment & Supplies — 1.0%
Avantor, Inc.(d)(g):
6.00%, 10/01/24			1,767		1,851,286
9.00%, 10/01/25			1,092		1,149,548
Hologic, Inc.(d):
4.38%, 10/15/25			57		56,447
4.63%, 02/01/28			206		206,515
Immucor, Inc., 11.13%, 02/15/22(d)			100		90,000
Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics SA(d):
6.63%, 05/15/22			404		381,780
7.25%, 02/01/28			1,177		1,012,102
Teleflex, Inc.:
4.88%, 06/01/26			87		86,130
4.63%, 11/15/27			58		57,936
					4,891,744
Health Care Providers & Services — 3.8%
Acadia Healthcare Co., Inc., 5.13%, 07/01/22			146		139,157
AHP Health Partners, Inc., 9.75%, 07/15/26(d)			213		184,320
Centene Corp.(d)(g):
5.25%, 04/01/25			310		311,550
5.38%, 06/01/26			336		346,117
5.38%, 08/15/26			343		349,860
4.25%, 12/15/27			657		643,860
4.63%, 12/15/29			1,782		1,790,910
3.38%, 02/15/30			452		420,360
CHS/Community Health Systems, Inc.(d):
8.63%, 01/15/24(g)			704		694,982
6.63%, 02/15/25			255		235,875
8.00%, 03/15/26(g)			1,110		1,054,500
Encompass Health Corp., 5.75%, 11/01/24			46		46,216

Security		Par (000)		Value
Health Care Providers & Services (continued)
HCA, Inc.:
5.38%, 02/01/25	USD		490	$	501,025
5.88%, 02/15/26			46		48,415
5.38%, 09/01/26(g)			430		442,900
5.63%, 09/01/28(g)			692		724,316
5.88%, 02/01/29(g)			547		578,453
3.50%, 09/01/30			1,478		1,340,859
5.50%, 06/15/47			650		706,327
LifePoint Health, Inc., 4.38%, 02/15/27(d)			217		204,414
MEDNAX, Inc., 5.25%, 12/01/23(d)			168		136,920
Molina Healthcare, Inc.:
5.38%, 11/15/22			172		167,700
4.88%, 06/15/25(d)			168		163,800
MPH Acquisition Holdings LLC, 7.13%, 06/01/24(d)(g)			714		621,223
Polaris Intermediate Corp., (8.50% Cash), 8.50%, 12/01/22(d)(g)(h)			433		335,240
Radiology Partners, Inc., 9.25%, 02/01/28(d)			130		112,547
Surgery Center Holdings, Inc.(d):
6.75%, 07/01/25(g)			611		439,920
10.00%, 04/15/27			294		205,800
Tenet Healthcare Corp.:
8.13%, 04/01/22			615		585,788
4.63%, 07/15/24(g)			514		490,870
4.63%, 09/01/24(d)			367		351,513
4.88%, 01/01/26(d)(g)			1,605		1,528,762
6.25%, 02/01/27(d)(g)			537		523,575
5.13%, 11/01/27(d)(g)			959		913,447
UnitedHealth Group, Inc., 3.75%, 07/15/25(g)			1,470		1,588,569
Vizient, Inc., 6.25%, 05/15/27(d)			407		396,994
					19,327,084
Health Care Technology — 0.4%
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25(d)(g)			791		727,720
IQVIA, Inc.:
3.25%, 03/15/25	EUR		148		159,151
3.25%, 03/15/25(d)			100		107,534
5.00%, 10/15/26(d)	USD		463		472,260
5.00%, 05/15/27(d)			637		651,333
					2,117,998
Hotels, Restaurants & Leisure — 3.8%
1011778 BC ULC/New Red Finance, Inc.(d):
4.25%, 05/15/24			10		9,975
5.00%, 10/15/25(g)			1,384		1,321,706
3.88%, 01/15/28			423		401,850
4.38%, 01/15/28			302		279,018

9

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Boyd Gaming Corp., 6.00%, 08/15/26	USD		112	$	96,320
Boyne USA, Inc., 7.25%, 05/01/25(d)			220		210,100
Cedar Fair LP, 5.25%, 07/15/29(d)			383		323,635
Churchill Downs, Inc.(d):
5.50%, 04/01/27(g)			899		847,460
4.75%, 01/15/28			358		311,460
CPUK Finance Ltd., 4.25%, 02/28/47	GBP		100		99,675
Eldorado Resorts, Inc.:
6.00%, 04/01/25	USD		91		81,900
6.00%, 09/15/26			117		105,593
Golden Nugget, Inc., 6.75%, 10/15/24(d)(g)			1,641		1,033,649
Hilton Domestic Operating Co., Inc.:
5.13%, 05/01/26(g)			697		655,180
4.88%, 01/15/30			1,077		915,450
IRB Holding Corp., 6.75%, 02/15/26(d)			166		130,794
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(d):
5.00%, 06/01/24			35		34,300
5.25%, 06/01/26			368		367,485
Las Vegas Sands Corp.:
2.90%, 06/25/25			52		47,142
3.50%, 08/18/26			47		42,990
3.90%, 08/08/29			30		25,855
LHMC Finco 2 Sarl, (7.25% Cash or 8.00% PIK), 7.25%, 10/02/25(h)	EUR		100		41,910
Lions Gate Capital Holdings LLC(d):
6.38%, 02/01/24	USD		25		22,000
5.88%, 11/01/24			171		146,205
McDonald’s Corp., 3.70%, 01/30/26(g)			405		423,631
Melco Resorts Finance Ltd., 5.25%, 04/26/26			250		223,853
MGM China Holdings Ltd., 5.88%, 05/15/26			250		208,047
MGM Resorts International:
7.75%, 03/15/22(g)			575		569,549
6.00%, 03/15/23			416		401,440
5.75%, 06/15/25			29		25,955
Scientific Games International, Inc.:
5.00%, 10/15/25(d)(g)			1,160		1,009,200
3.38%, 02/15/26	EUR		100		84,967
8.25%, 03/15/26(d)(g)	USD		795		508,887
7.00%, 05/15/28(d)			174		107,010
7.25%, 11/15/29(d)			51		31,875
Six Flags Entertainment Corp.(d)(g):
4.88%, 07/31/24			709		600,877
5.50%, 04/15/27			113		95,203
Spirit Issuer PLC, Series A5, 5.47%, 12/28/34	GBP		4,500		5,029,604
Studio City Finance Ltd., 7.25%, 02/11/24	USD		250		217,938
Unique Pub Finance Co. PLC:
Series A4, 5.66%, 06/30/27	GBP		49		67,354
Series N, 6.46%, 03/30/32			100		138,906

Security		Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Wyndham Destinations, Inc.:
5.40%, 04/01/24	USD		13	$	10,985
5.75%, 04/01/27			216		180,360
Wyndham Hotels & Resorts, Inc., 5.38%, 04/15/26(d)			121		105,270
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/27(d)			192		173,760
Wynn Macau Ltd., 5.50%, 10/01/27			200		173,000
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp., 5.13%, 10/01/29(d)			412		374,920
Yum! Brands, Inc.:
7.75%, 04/01/25(d)			334		350,700
4.75%, 01/15/30(d)(g)			597		561,180
5.35%, 11/01/43			71		60,350
					19,286,473
Household Durables — 0.9%
Brookfield Residential Properties, Inc./Brookfield Residential US Corp.(d):
6.25%, 09/15/27			217		188,226
4.88%, 02/15/30			340		258,298
Controladora Mabe SA de CV, 5.60%, 10/23/28(d)			200		189,063
Global Prime Capital Pte Ltd., 5.50%, 10/18/23			200		159,130
K Hovnanian Enterprises, Inc., 7.75%, 02/15/26(d)			307		313,907
Lennar Corp.:
8.38%, 01/15/21			134		136,010
4.88%, 12/15/23			122		119,560
4.75%, 05/30/25			260		248,300
5.25%, 06/01/26			28		28,490
4.75%, 11/29/27			497		495,757
Mattamy Group Corp., 4.63%, 03/01/30(d)			233		200,380
MDC Holdings, Inc., 6.00%, 01/15/43			122		115,351
Meritage Homes Corp., 5.13%, 06/06/27			50		47,000
PulteGroup, Inc.:
5.00%, 01/15/27			24		23,947
6.38%, 05/15/33(g)			469		474,018
Shea Homes LP/Shea Homes Funding Corp., 4.75%, 02/15/28(d)			173		147,699
Shui On Development Holding Ltd., 5.75%, 11/12/23			200		175,666
Taylor Morrison Communities, Inc., 5.88%, 06/15/27(d)			264		245,195
Tempur Sealy International, Inc., 5.50%, 06/15/26			180		157,527

10

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Household Durables (continued)
Theta Capital Pte Ltd., 8.13%, 01/22/25	USD		200	$	144,750
TRI Pointe Group, Inc.:
4.88%, 07/01/21			112		104,031
5.25%, 06/01/27			15		13,346
TRI Pointe Group, Inc./TRI Pointe Homes, Inc., 5.88%, 06/15/24			11		10,219
Yanlord Land HK Co. Ltd.:
6.75%, 04/23/23			200		186,063
6.80%, 02/27/24			200		174,200
					4,356,133
Household Products — 0.1%
ACCO Brands Corp., 5.25%, 12/15/24(d)			85		81,600
Berkline Benchcraft LLC, 4.50%, 06/01/20(a)(b)(c)			200		—
Energizer Holdings, Inc.(d):
6.38%, 07/15/26			46		46,460
7.75%, 01/15/27(g)			305		315,279
					443,339
Independent Power and Renewable Electricity Producers — 1.3%
Azure Power Solar Energy Pvt Ltd., 5.65%, 12/24/24			200		169,016
Calpine Corp.:
5.75%, 01/15/25(g)			608		562,400
5.25%, 06/01/26(d)(g)			718		682,100
4.50%, 02/15/28(d)			581		563,134
5.13%, 03/15/28(d)(g)			1,351		1,242,920
Clearway Energy Operating LLC:
5.75%, 10/15/25			214		211,860
4.75%, 03/15/28(d)			309		286,598
Genneia SA, 8.75%, 01/20/22(d)			200		112,250
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26			200		161,271
NRG Energy, Inc.:
6.63%, 01/15/27(g)			898		933,920
5.75%, 01/15/28			63		64,260
5.25%, 06/15/29(d)			993		1,022,790
TerraForm Power Operating LLC(d):
4.25%, 01/31/23			184		182,620
5.00%, 01/31/28			228		238,898
4.75%, 01/15/30			334		323,980
					6,758,017
Industrial Conglomerates — 0.1%
BWX Technologies, Inc., 5.38%, 07/15/26(d)			209		200,640

Security		Par (000)		Value
Industrial Conglomerates (continued)
Grupo KUO SAB de CV, 5.75%, 07/07/27(d)	USD		200	$	144,625
					345,265
Insurance — 1.7%
Acrisure LLC/Acrisure Finance, Inc., 8.13%, 02/15/24(d)			173		168,511
Alliant Holdings Intermediate LLC/Alliant HoldingsCo-Issuer, 6.75%, 10/15/27(d)(g)			1,031		965,428
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25(g)			360		367,540
AmWINS Group, Inc., 7.75%, 07/01/26(d)			221		216,580
Aon PLC, 3.88%, 12/15/25(g)			1,115		1,162,251
Asahi Mutual Life Insurance Co., (5 year USD Swap + 4.59%), 6.50%(i)(j)			306		290,707
Assicurazioni Generali SpA, (3 mo. Euribor + 5.35%), 5.50%, 10/27/47(i)	EUR		100		119,682
Global Atlantic Fin Co., 8.63%, 04/15/21(d)(g)	USD		750		798,934
GTCR AP Finance, Inc., 8.00%, 05/15/27(d)			355		326,600
HUB International Ltd., 7.00%, 05/01/26(d)(g)			1,308		1,294,920
Lincoln National Corp., 3.35%, 03/09/25(g)			845		845,027
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen(3 mo. Euribor + 3.50%), 6.00%, 05/26/41(i)	EUR		400		461,550
Nationstar Mortgage Holdings, Inc.(d):
8.13%, 07/15/23(g)	USD		712		696,194
9.13%, 07/15/26			94		85,070
Nationwide Building Society, (5 year USD ICE Swap + 1.85%), 4.13%, 10/18/32(d)(g)(i)			595		573,787
					8,372,781
Interactive Media & Services — 0.8%
Go Daddy Operating Co. LLC/GD Finance Co., Inc., 5.25%, 12/01/27(d)			303		305,788
Match Group, Inc.(d):
5.63%, 02/15/29			177		169,035
4.13%, 08/01/30			230		205,562
Netflix, Inc.:
4.88%, 04/15/28			109		112,270
5.88%, 11/15/28(g)			754		805,649
5.38%, 11/15/29(d)(g)			793		822,856
3.63%, 06/15/30	EUR		100		107,533
4.88%, 06/15/30(d)	USD		515		522,802
Rackspace Hosting, Inc., 8.63%, 11/15/24(d)(g)			202		181,295
Twitter, Inc., 3.88%, 12/15/27(d)			129		124,082

11

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Interactive Media & Services (continued)
Uber Technologies, Inc.(d)(g):
7.50%, 11/01/23	USD		253	$	246,058
8.00%, 11/01/26			129		128,032
7.50%, 09/15/27			164		161,901
					3,892,863
IT Services — 0.7%
21Vianet Group, Inc., 7.88%, 10/15/21			200		168,008
Banff Merger Sub, Inc., 9.75%, 09/01/26(d)(g)			1,618		1,423,840
Camelot Finance SA, 4.50%, 11/01/26(d)(g)			679		658,630
Fair Isaac Corp., 4.00%, 06/15/28(d)			169		160,127
Gartner, Inc., 5.13%, 04/01/25(d)			174		170,085
Outfront Media Capital LLC/Outfront Media Capital Corp., 5.00%, 08/15/27(d)			470		432,400
Science Applications International Corp., 4.88%, 04/01/28(d)			254		243,840
WEX, Inc., 4.75%, 02/01/23(d)			177		169,920
Xerox Corp., 4.80%, 03/01/35			203		164,430
					3,591,280
Leisure Products — 0.2%
Mattel, Inc.:
6.75%, 12/31/25(d)(g)			638		648,782
5.88%, 12/15/27(d)			293		301,146
6.20%, 10/01/40			24		19,860
5.45%, 11/01/41			110		86,900
					1,056,688
Machinery — 0.6%
Colfax Corp.(d):
6.00%, 02/15/24			575		554,875
6.38%, 02/15/26			270		265,950
Manitowoc Co., Inc., 9.00%, 04/01/26(d)			99		87,615
Mueller Water Products, Inc., 5.50%, 06/15/26(d)			336		325,080
RBS Global, Inc./Rexnord LLC, 4.88%, 12/15/25(d)			353		330,055
SPX FLOW, Inc.(d):
5.63%, 08/15/24			206		199,820
5.88%, 08/15/26			89		85,440
Terex Corp., 5.63%, 02/01/25(d)(g)			352		330,915
Titan Acquisition Ltd./TitanCo-Borrower LLC, 7.75%, 04/15/26(d)(g)			813		678,855
Wabash National Corp., 5.50%, 10/01/25(d)			241		191,595
					3,050,200

Security		Par (000)		Value
Media — 8.4%
Altice Financing SA:
7.50%, 05/15/26(d)(g)	USD		1,143	$	1,107,453
3.00%, 01/15/28	EUR		100		96,967
5.00%, 01/15/28(d)	USD		378		334,530
Altice France SA:
7.38%, 05/01/26(d)(g)			2,104		2,088,536
5.88%, 02/01/27	EUR		100		111,669
8.13%, 02/01/27(d)(g)	USD		707		737,047
AMC Networks, Inc., 4.75%, 08/01/25			222		215,895
Block Communications, Inc., 4.88%, 03/01/28(d)			128		119,040
CCO Holdings LLC/CCO Holdings Capital Corp.(d):
4.00%, 03/01/23(g)			670		667,488
5.13%, 05/01/27(g)			1,008		1,010,621
5.88%, 05/01/27			349		359,470
5.00%, 02/01/28			34		34,085
5.38%, 06/01/29(g)			1,248		1,282,445
4.75%, 03/01/30			147		146,265
4.50%, 08/15/30(g)			1,354		1,326,920
4.50%, 05/01/32(g)			1,260		1,228,752
Charter Communications Operating LLC/Charter Communications Operating Capital, 4.91%, 07/23/25(g)			2,425		2,574,364
Clear Channel Worldwide Holdings, Inc.(d)(g):
9.25%, 02/15/24			908		778,610
5.13%, 08/15/27			1,774		1,678,647
Comcast Corp., 3.95%, 10/15/25(g)			3,000		3,262,018
Connect Finco Sarl/Connect US Finco LLC, 6.75%, 10/01/26(d)			1,466		1,211,282
CSC Holdings LLC:
6.75%, 11/15/21			187		192,610
5.38%, 07/15/23(d)(g)			1,109		1,108,989
5.25%, 06/01/24			123		123,306
7.75%, 07/15/25(d)			202		210,080
6.63%, 10/15/25(d)(g)			235		247,058
10.88%, 10/15/25(d)(g)			1,614		1,745,137
5.50%, 05/15/26(d)(g)			200		206,870
5.38%, 02/01/28(d)			200		204,000
6.50%, 02/01/29(d)(g)			865		932,894
5.75%, 01/15/30(d)(g)			862		869,293
Diamond Sports Group LLC/Diamond Sports Finance Co., 5.38%, 08/15/26(d)			650		528,138
Discovery Communications LLC(g):
3.25%, 04/01/23			1,490		1,485,583
3.45%, 03/15/25			170		164,585
DISH DBS Corp.:
6.75%, 06/01/21(g)			627		635,778
5.88%, 07/15/22(g)			1,365		1,329,264
5.00%, 03/15/23			358		342,534
7.75%, 07/01/26			217		222,968

12

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Media (continued)
DISH Network Corp.(l):
2.38%, 03/15/24	USD		56	$	45,240
3.38%, 08/15/26			385		307,247
Entercom Media Corp., 6.50%, 05/01/27(d)			286		248,105
Front Range BidCo, Inc.(d):
4.00%, 03/01/27			1,637		1,565,381
6.13%, 03/01/28			967		918,650
Hughes Satellite Systems Corp., 5.25%, 08/01/26(g)			177		175,230
iHeartCommunications, Inc.:
6.38%, 05/01/26			264		249,973
5.25%, 08/15/27(d)			122		106,750
4.75%, 01/15/28(d)			78		70,200
Intelsat Jackson Holdings SA, 5.50%, 08/01/23(g)			927		607,185
Lamar Media Corp.:
5.75%, 02/01/26			124		125,860
4.00%, 02/15/30(d)			126		117,180
LCPR Senior Secured Financing DAC, 6.75%, 10/15/27(d)			400		394,000
Live Nation Entertainment, Inc.(d):
4.88%, 11/01/24			29		26,400
4.75%, 10/15/27			199		177,110
Meredith Corp., 6.88%, 02/01/26			56		49,129
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27(d)			177		171,374
Network i2i Ltd., (5 year CMT + 4.27%), 5.65%(i)(j)			250		198,438
Qualitytech LP/QTS Finance Corp., 4.75%, 11/15/25(d)			146		140,890
Radiate Holdco LLC/Radiate Finance, Inc., 6.63%, 02/15/25(d)			137		116,450
Sable International Finance Ltd., 5.75%, 09/07/27(d)			200		180,000
Sirius XM Radio, Inc.(d):
5.00%, 08/01/27			322		326,798
5.50%, 07/01/29(g)			887		904,740
TEGNA, Inc., 5.50%, 09/15/24(d)			66		62,700
Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28(d)			200		186,000
Terrier Media Buyer, Inc., 8.88%, 12/15/27(d)			490		414,050
Tower Bersama Infrastructure Tbk PT, 4.25%, 01/21/25			200		175,000
United Group BV, 3.63%, 02/15/28	EUR		100		89,247
Univision Communications, Inc.(d):
5.13%, 05/15/23(g)	USD		366		323,910
5.13%, 02/15/25			133		113,383
Videotron Ltd., 5.13%, 04/15/27(d)			439		439,000

Security		Par (000)		Value
Media (continued)
Virgin Media Finance PLC, 5.75%, 01/15/25(d)(g)	USD		855	$	829,350
Virgin Media Receivables Financing Notes I DAC, 5.50%, 09/15/24	GBP		100		120,284
Virgin Media Secured Finance PLC(d):
5.50%, 08/15/26	USD		200		203,000
5.50%, 05/15/29			200		199,280
Ziggo Bond Co. BV(d):
6.00%, 01/15/27			199		193,030
5.13%, 02/28/30			225		220,500
Ziggo BV:
4.25%, 01/15/27	EUR		90		98,368
5.50%, 01/15/27(d)(g)	USD		599		599,000
4.88%, 01/15/30(d)			200		194,787
					42,604,410
Metals & Mining — 1.8%
ABJA Investment Co. Pte Ltd., 5.95%, 07/31/24			250		204,625
Allegheny Technologies, Inc., 5.88%, 12/01/27			183		152,347
Arconic Corp., 6.13%, 02/15/28(d)			222		226,995
Big River Steel LLC/BRS Finance Corp., 7.25%, 09/01/25(d)			221		201,110
Constellium SE(d):
5.75%, 05/15/24			506		451,656
6.63%, 03/01/25(g)			1,269		1,142,100
5.88%, 02/15/26(g)			838		729,060
Freeport-McMoRan, Inc.:
3.55%, 03/01/22			91		87,929
3.88%, 03/15/23			1,119		1,057,455
4.25%, 03/01/30			386		335,820
5.40%, 11/14/34			161		148,925
5.45%, 03/15/43			1,990		1,781,050
Gold Fields Orogen Holdings BVI Ltd., 5.13%, 05/15/24(d)			200		187,812
Grinding Media,Inc./Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23(d)			371		346,069
Joseph T Ryerson & Son, Inc., 11.00%, 05/15/22(d)			135		125,550
JSW Steel Ltd., 5.95%, 04/18/24			200		149,875
Kaiser Aluminum Corp., 4.63%, 03/01/28(d)			143		126,912
Nexa Resources SA, 5.38%, 05/04/27(d)			237		177,750
Novelis Corp.(d):
5.88%, 09/30/26			502		492,645
4.75%, 01/30/30			881		784,090
thyssenkrupp AG:
1.88%, 03/06/23	EUR		43		41,497
2.88%, 02/22/24			84		81,526
Vale Overseas Ltd., 6.25%, 08/10/26(g)	USD		188		201,164

13

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Metals & Mining (continued)
Vedanta Resources Finance II PLC, 8.00%, 04/23/23	USD		313	$	118,549
					9,352,511
Multi-Utilities — 0.3%
Brooklyn Union Gas Co., 3.41%, 03/10/26(d)(g)			1,475		1,515,282
Superior Plus LP/Superior General Partner, Inc., 7.00%, 07/15/26(d)			243		236,925
					1,752,207
Multiline Retail — 0.1%
Dufry One BV, 2.00%, 02/15/27	EUR		100		85,939
Future Retail Ltd.:
5.60%, 01/22/25	USD		200		100,250
5.60%, 01/22/25(d)			200		100,250
					286,439
Offshore Drilling & Other Services — 0.0%
Entegris, Inc., 4.63%, 02/10/26(d)			190		180,500
Oil, Gas & Consumable Fuels — 4.2%
Apache Corp., 3.25%, 04/15/22			10		7,508
Ascent Resources Utica Holdings LLC/ARU Finance Corp., 10.00%, 04/01/22(d)			547		319,995
Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34(k)			150		84,750
Buckeye Partners LP:
4.13%, 03/01/25(d)			262		220,866
4.50%, 03/01/28(d)			362		296,840
5.85%, 11/15/43			130		87,061
5.60%, 10/15/44			146		91,980
Callon Petroleum Co.:
6.25%, 04/15/23			372		88,350
6.13%, 10/01/24			208		36,920
8.25%, 07/15/25			243		38,880
Series WI, 6.38%, 07/01/26			192		32,160
Centennial Resource Production LLC, 6.88%, 04/01/27(d)			255		62,475
Cheniere Corpus Christi Holdings LLC, 5.13%, 06/30/27			106		94,140
Cheniere Energy Partners LP:
5.63%, 10/01/26			173		159,160
4.50%, 10/01/29(d)			512		445,440
Series WI, 5.25%, 10/01/25			48		44,160
Chesapeake Energy Corp., 11.50%, 01/01/25(d)			503		85,510
Cimarex Energy Co., 4.38%, 06/01/24			20		15,761
Citgo Holding, Inc., 9.25%, 08/01/24(d)			228		185,820
CNX Resources Corp., 5.88%, 04/15/22(g)			916		838,140
Comstock Resources, Inc.:
7.50%, 05/15/25(d)			287		186,550
9.75%, 08/15/26			138		98,297

Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Continental Resources, Inc., 5.00%, 09/15/22	USD		25	$	15,949
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.:
6.25%, 04/01/23			21		11,764
5.63%, 05/01/27(d)			389		213,837
CrownRock LP/CrownRock Finance, Inc., 5.63%, 10/15/25(d)(g)			1,170		608,400
CVR Energy, Inc.(d):
5.25%, 02/15/25			231		179,603
5.75%, 02/15/28			77		57,558
DCP Midstream Operating LP:
5.38%, 07/15/25(g)			188		128,366
5.13%, 05/15/29			99		62,365
6.45%, 11/03/36(d)			226		108,412
6.75%, 09/15/37(d)(g)			392		211,680
Denbury Resources, Inc., 9.00%, 05/15/21(d)			235		68,738
Diamondback Energy, Inc., 3.50%, 12/01/29			46		31,276
eG Global Finance PLC:
6.75%, 02/07/25(d)			396		324,720
6.25%, 10/30/25	EUR		142		124,505
8.50%, 10/30/25(d)	USD		252		224,280
Enbridge, Inc., (3 mo. LIBOR US + 3.64%), 6.25%, 03/01/78(g)(i)			1,565		1,173,750
Endeavor Energy Resources LP/EER Finance, Inc.(d):
5.50%, 01/30/26			650		448,636
5.75%, 01/30/28			408		277,440
EnLink Midstream LLC, 5.38%, 06/01/29			82		42,640
EnLink Midstream Partners LP:
4.40%, 04/01/24			240		121,128
4.15%, 06/01/25			17		8,240
4.85%, 07/15/26			99		48,678
5.60%, 04/01/44			176		59,400
5.05%, 04/01/45			28		10,212
EnQuest PLC, (7.00% PIK), 7.00%, 10/15/23(d)(h)			7		1,680
EQT Corp.:
3.90%, 10/01/27			61		42,072
7.00%, 02/01/30			18		13,410
Extraction Oil & Gas, Inc.(d):
7.38%, 05/15/24			302		53,605
5.63%, 02/01/26			572		94,380
Genesis Energy LP/Genesis Energy Finance Corp.:
6.00%, 05/15/23			171		124,035
5.63%, 06/15/24			169		118,300
6.50%, 10/01/25			95		68,666
7.75%, 02/01/28			167		116,265

14

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Geopark Ltd., 6.50%, 09/21/24(d)	USD		200	$	113,500
GMR Hyderabad International Airport Ltd., 4.25%, 10/27/27			200		159,848
Great Western Petroleum LLC/Great Western Finance, Inc., 9.00%, 09/30/21(d)			484		309,760
Hess Corp., 4.30%, 04/01/27			50		36,211
Hess Midstream Operations LP, 5.63%, 02/15/26(d)			210		148,274
Hilong Holding Ltd., 8.25%, 09/26/22			200		130,000
HPCL-Mittal Energy Ltd., 5.45%, 10/22/26			200		151,688
Impulsora Pipeline LLC, 6.05%, 12/31/42(a)			1,452		1,414,209
Indigo Natural Resources LLC, 6.88%, 02/15/26(d)			444		293,040
Matador Resources Co., 5.88%, 09/15/26			323		94,639
Medco Bell Pte Ltd., 6.38%, 01/30/27			250		145,000
Medco Oak Tree Pte Ltd., 7.38%, 05/14/26			250		147,813
MEG Energy Corp.(d):
7.00%, 03/31/24			48		22,140
6.50%, 01/15/25(g)			635		401,637
MPLX LP(d):
6.38%, 05/01/24			101		90,603
4.25%, 12/01/27			185		149,433
Murphy Oil Corp.:
5.75%, 08/15/25			25		13,378
5.88%, 12/01/42			29		11,887
Nabors Industries Ltd.(d):
7.25%, 01/15/26			174		59,160
7.50%, 01/15/28			159		50,880
Nabors Industries, Inc., 4.63%, 09/15/21			20		12,600
Neptune Energy Bondco PLC, 6.63%, 05/15/25(d)			200		112,000
NGPL PipeCo LLC, 7.77%, 12/15/37(d)			227		225,982
NuStar Logistics LP, 6.00%, 06/01/26			163		120,620
Occidental Petroleum Corp.:
4.85%, 03/15/21			89		74,715
2.60%, 08/13/21			218		171,412
2.70%, 08/15/22			141		100,539
Series 1, 4.10%, 02/01/21			130		110,498
Odebrecht Offshore Drilling Finance Ltd.(d):
6.72%, 12/01/22	BRL		63		50,069
(7.72% PIK), 7.72%, 12/01/26(h)			9		930
Pacific Drilling SA, 8.38%, 10/01/23(d)	USD		332		89,640

Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Parsley Energy LLC/Parsley Finance Corp.(d):
5.38%, 01/15/25	USD		251	$	193,892
5.25%, 08/15/25			59		44,840
5.63%, 10/15/27			271		191,055
4.13%, 02/15/28			281		191,080
PBF Holding Co. LLC/PBF Finance Corp., 7.25%, 06/15/25			137		91,831
PDC Energy, Inc.:
6.25%, 12/01/25			122		59,762
1.13%, 09/15/21(l)			922		752,031
6.13%, 09/15/24			140		74,725
5.75%, 05/15/26			108		60,480
Pertamina Persero PT, 4.30%, 05/20/23			200		199,125
Petrobras Global Finance BV:
6.00%, 01/27/28			189		183,046
7.25%, 03/17/44			160		160,503
Puma International Financing SA, 5.13%, 10/06/24(d)			200		71,000
QEP Resources, Inc.:
6.88%, 03/01/21			456		232,560
5.38%, 10/01/22			178		83,660
5.25%, 05/01/23			138		51,060
5.63%, 03/01/26(g)			202		73,730
Range Resources Corp.:
5.88%, 07/01/22			44		31,680
5.00%, 08/15/22			192		143,942
5.00%, 03/15/23(g)			199		145,270
Saudi Arabian Oil Co., 3.50%, 04/16/29			200		196,500
SM Energy Co.:
6.13%, 11/15/22			143		60,507
5.00%, 01/15/24			334		110,220
5.63%, 06/01/25(g)			125		34,064
6.75%, 09/15/26			122		36,600
6.63%, 01/15/27			34		9,896
Southwestern Energy Co., 4.10%, 03/15/22			222		166,500
Sunoco Logistics Partners Operations LP, 3.90%, 07/15/26(g)			235		196,596
Sunoco LP/Sunoco Finance Corp.:
6.00%, 04/15/27			141		121,260
Series WI, 4.88%, 01/15/23			213		203,415
Series WI, 5.50%, 02/15/26			33		28,554
Series WI, 5.88%, 03/15/28			124		102,920
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(d):
5.50%, 09/15/24			462		254,100
5.50%, 01/15/28(g)			47		24,440
Targa Resources Partners LP/Targa Resources Partners Finance Corp.:
5.13%, 02/01/25			118		100,583
5.88%, 04/15/26			304		252,320
5.38%, 02/01/27			2		1,646

15

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
6.50%, 07/15/27	USD		324	$	276,210
5.00%, 01/15/28			359		289,377
6.88%, 01/15/29(g)			786		632,730
5.50%, 03/01/30(d)			364		281,154
Transcontinental Gas Pipe Line Co. LLC, 4.00%, 03/15/28(g)			280		251,353
Transocean, Inc., 8.00%, 02/01/27(d)			324		153,900
Viper Energy Partners LP, 5.38%, 11/01/27(d)			123		103,320
WPX Energy, Inc.:
8.25%, 08/01/23			100		73,500
5.25%, 09/15/24			84		51,240
5.75%, 06/01/26			61		34,770
5.25%, 10/15/27			104		57,200
4.50%, 01/15/30			446		242,178
YPF SA, 8.50%, 07/28/25			250		128,477
					21,237,660
Paper & Forest Products — 0.0%
Norbord, Inc., 6.25%, 04/15/23(d)			152		146,680
Pharmaceuticals — 3.0%
AbbVie, Inc., 3.60%, 05/14/25(g)			695		729,339
Allergan Funding SCS, 3.45%, 03/15/22(g)			2,460		2,554,312
Bausch Health Americas, Inc., 8.50%, 01/31/27(d)(g)			1,109		1,158,905
Bausch Health Cos., Inc.:
5.50%, 03/01/23(d)			150		147,000
4.50%, 05/15/23	EUR		346		365,164
5.88%, 05/15/23(d)	USD		33		32,835
7.00%, 03/15/24(d)			317		322,941
6.13%, 04/15/25(d)(g)			813		800,805
5.50%, 11/01/25(d)(g)			152		153,566
9.00%, 12/15/25(d)			501		528,154
5.75%, 08/15/27(d)			145		149,292
7.00%, 01/15/28(d)			266		273,022
5.00%, 01/30/28(d)			214		202,594
7.25%, 05/30/29(d)			498		516,824
5.25%, 01/30/30(d)			260		245,846
Catalent Pharma Solutions, Inc.:
5.00%, 07/15/27(d)			495		480,150
2.38%, 03/01/28	EUR		100		100,364
Charles River Laboratories International, Inc.(d):
5.50%, 04/01/26	USD		365		375,950
4.25%, 05/01/28			167		160,971
CVS Health Corp.(g):
4.75%, 12/01/22			165		174,720
4.10%, 03/25/25			2,355		2,491,195

Security		Par (000)		Value
Pharmaceuticals (continued)
Elanco Animal Health, Inc., 5.65%, 08/28/28	USD		176	$	185,566
Endo DAC/Endo Finance LLC/Endo Finco, Inc., 6.00%, 07/15/23(d)			200		144,876
Jaguar Holding Co. II/Pharmaceutical Product Development LLC, 6.38%, 08/01/23(d)(g)			1,567		1,594,422
MEDNAX, Inc., 6.25%, 01/15/27(d)(g)			323		259,208
Nidda BondCo GmbH, 7.25%, 09/30/25	EUR		100		97,187
Nidda Healthcare Holding GmbH, 3.50%, 09/30/24			100		101,742
Par Pharmaceutical, Inc., 7.50%, 04/01/27(d)(g)	USD		989		984,055
					15,331,005
Producer Durables: Miscellaneous — 0.2%
Open Text Corp., 3.88%, 02/15/28(d)			411		386,340
Open Text Holdings, Inc., 4.13%, 02/15/30(d)			411		386,443
					772,783
Professional Services — 0.2%
ASGN, Inc., 4.63%, 05/15/28(d)			286		265,665
Dun & Bradstreet Corp., 10.25%, 02/15/27(d)			497		526,820
					792,485
Real Estate — 0.9%
Central China Real Estate Ltd., 7.25%, 04/24/23			200		154,000
China Aoyuan Group Ltd.:
7.50%, 05/10/21			200		194,528
7.95%, 02/19/23			450		412,632
China SCE Group Holdings Ltd., 7.25%, 04/19/23			200		172,000
CIFI Holdings Group Co. Ltd.:
7.63%, 03/02/21			200		198,000
6.55%, 03/28/24			200		185,022
Country Garden Holdings Co. Ltd.:
8.00%, 01/27/24			200		204,000
6.50%, 04/08/24			200		194,938
6.15%, 09/17/25			200		192,000
Easy Tactic Ltd., 9.13%, 07/28/22			200		181,748
Kaisa Group Holdings Ltd., 11.95%, 10/22/22			200		172,375
KWG Group Holdings Ltd., 7.88%, 09/01/23			200		186,272
Logan Property Holdings Co. Ltd.:
7.50%, 08/25/22			200		189,750
6.50%, 07/16/23			200		187,125
New Metro Global Ltd.:
6.50%, 04/23/21			200		191,500
6.80%, 08/05/23			200		172,000

16

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Real Estate (continued)
Powerlong Real Estate Holdings Ltd., 7.13%, 11/08/22	USD		200	$	179,654
Prologis LP, 3.75%, 11/01/25(g)			255		270,585
Ronshine China Holdings Ltd.:
11.25%, 08/22/21			200		196,500
10.50%, 03/01/22			200		189,750
8.95%, 01/22/23			200		184,950
Yuzhou Properties Co. Ltd., 8.63%, 01/23/22			200		189,882
Zhenro Properties Group Ltd.:
9.15%, 03/08/22			200		183,750
8.70%, 08/03/22			200		161,334
					4,744,295
Real Estate Management & Development — 1.6%
ADLER Real Estate AG, 3.00%, 04/27/26	EUR		100		95,612
Agile Group Holdings Ltd.:
(5 year CMT + 11.29%), 7.88%(i)(j)	USD		200		159,518
6.70%, 03/07/22			250		239,830
Central China Real Estate Ltd., 6.88%, 08/08/22			200		163,500
China Evergrande Group:
8.25%, 03/23/22			200		161,575
9.50%, 04/11/22			200		162,250
11.50%, 01/22/23			450		363,082
12.00%, 01/22/24			250		187,031
China SCE Group Holdings Ltd., 7.38%, 04/09/24			200		175,375
CIFI Holdings Group Co. Ltd.:
7.63%, 02/28/23			200		192,137
6.45%, 11/07/24			200		181,454
Country Garden Holdings Co. Ltd., 5.13%, 01/14/27			200		185,250
Easy Tactic Ltd.:
8.75%, 01/10/21			200		193,000
8.13%, 02/27/23			200		173,000
Fantasia Holdings Group Co. Ltd.:
8.38%, 03/08/21			200		181,000
11.75%, 04/17/22			200		172,100
Greenland Global Investment Ltd.:
7.25%, 03/12/22			200		186,868
5.60%, 11/13/22			200		172,500
Greystar Real Estate Partners LLC, 5.75%, 12/01/25(d)			174		157,480
Heimstaden Bostad AB, (5 year EUR Swap + 3.67%), 3.25%(i)(j)	EUR		100		89,059
Hopson Development Holdings Ltd., 7.50%, 06/27/22	USD		200		183,494
Howard Hughes Corp., 5.38%, 03/15/25(d)			281		271,868
Kaisa Group Holdings Ltd.:
11.25%, 04/09/22			200		178,250

Security		Par (000)		Value
Real Estate Management & Development (continued)
11.50%, 01/30/23	USD		200	$	167,651
10.88%, 07/23/23			400		323,500
KWG Group Holdings Ltd.:
7.88%, 08/09/21			200		192,433
7.40%, 03/05/24			200		180,662
Logan Property Holdings Co. Ltd.:
6.90%, 06/09/24			200		186,385
5.75%, 01/14/25			200		175,000
Newmark Group, Inc., 6.13%, 11/15/23			106		107,826
Redsun Properties Group Ltd., 9.95%, 04/11/22			200		168,430
RKPF Overseas A Ltd., Class A, 6.70%, 09/30/24			513		458,654
Shimao Property Holdings Ltd.:
6.13%, 02/21/24			200		198,875
5.60%, 07/15/26			200		192,625
Sunac China Holdings Ltd.:
7.25%, 06/14/22			200		187,887
7.95%, 10/11/23			200		183,188
7.50%, 02/01/24			200		179,850
Times China Holdings Ltd., 6.75%, 07/16/23			313		282,385
Yango Justice International Ltd., 10.00%, 02/12/23			200		174,250
Yuzhou Properties Co. Ltd.:
8.50%, 02/04/23			200		183,814
8.50%, 02/26/24			200		177,625
8.38%, 10/30/24			200		173,313
					8,119,586
Road & Rail — 0.5%
Autostrade per l’Italia SpA, 5.88%, 06/09/24	EUR		200		222,786
Herc Holdings, Inc., 5.50%, 07/15/27(d)	USD		416		386,880
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34(d)			1,633		1,714,629
United Rentals North America, Inc.:
5.25%, 01/15/30			161		160,952
4.00%, 07/15/30			152		136,040
					2,621,287
Semiconductors & Semiconductor Equipment — 1.1%
Advanced Micro Devices, Inc., 7.50%, 08/15/22			73		77,380
Analog Devices, Inc.(g):
3.90%, 12/15/25			375		391,258
3.50%, 12/05/26			275		278,113
Applied Materials, Inc., 3.90%, 10/01/25(g)			285		300,282
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.63%, 01/15/24(g)			1,515		1,488,157

17

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Semiconductors & Semiconductor Equipment (continued)
Microchip Technology, Inc., 1.63%, 02/15/25(l)	USD		86	$	124,646
ON Semiconductor Corp., 1.00%, 12/01/20(l)			274		272,187
Qorvo, Inc.:
5.50%, 07/15/26			234		244,589
4.38%, 10/15/29(d)			82		76,260
QUALCOMM, Inc., 3.45%, 05/20/25(g)			1,570		1,645,136
Sensata Tech, Inc., 4.38%, 02/15/30(d)			190		171,000
Sensata Technologies BV(d):
5.63%, 11/01/24			229		223,275
5.00%, 10/01/25(g)			324		306,990
					5,599,273
Software — 2.3%
ACI Worldwide, Inc., 5.75%, 08/15/26(d)(g)			696		689,040
CA, Inc., 3.60%, 08/15/22(g)			555		520,326
Castle US Holding Corp., 9.50%, 02/15/28(d)			585		555,750
CDK Global, Inc.:
4.88%, 06/01/27			655		671,375
5.25%, 05/15/29(d)			138		140,760
Genesys Telecommunications Laboratories, Inc./Greeneden Lux 3 Sarl/Greeneden US Ho, 10.00%, 11/30/24(d)(g)			1,047		1,070,861
Infor US, Inc., 6.50%, 05/15/22(g)			2,144		2,106,480
MSCI, Inc.(d):
4.00%, 11/15/29			83		82,451
3.63%, 09/01/30			84		79,695
Nuance Communications, Inc., 5.63%, 12/15/26			303		294,874
PTC, Inc.:
6.00%, 05/15/24			227		233,588
3.63%, 02/15/25(d)			164		153,340
4.00%, 02/15/28(d)			187		179,576
RP Crown Parent LLC, 7.38%, 10/15/24(d)(g)			758		722,222
Solera LLC/Solera Finance, Inc., 10.50%, 03/01/24(d)(g)			1,829		1,792,420
Sophia LP/Sophia Finance, Inc., 9.00%, 09/30/23(d)			292		292,000
SS&C Technologies, Inc., 5.50%, 09/30/27(d)(g)			1,814		1,890,569
Veritas US, Inc./Veritas Bermuda Ltd., 7.50%, 02/01/23(d)			200		176,000
					11,651,327
Specialty Retail — 0.6%
Asbury Automotive Group, Inc.(d):
4.50%, 03/01/28			87		73,950
4.75%, 03/01/30			85		72,250

Security		Par (000)		Value
Specialty Retail (continued)
Catalent Pharma Solutions, Inc., 4.88%, 01/15/26(d)	USD		324	$	314,280
Group 1 Automotive, Inc.:
5.00%, 06/01/22			155		142,600
5.25%, 12/15/23(d)			18		18,473
IAA, Inc., 5.50%, 06/15/27(d)			372		359,910
L Brands, Inc.:
6.88%, 11/01/35			401		296,740
6.75%, 07/01/36			71		51,120
Penske Automotive Group, Inc., 5.50%, 05/15/26			32		29,190
PetSmart, Inc.(d)(g):
7.13%, 03/15/23			256		238,400
5.88%, 06/01/25			903		889,455
Staples, Inc., 7.50%, 04/15/26(d)(g)			882		779,467
					3,265,835
Technology Hardware, Storage & Peripherals — 0.6%
Dell International LLC/EMC Corp., 7.13%, 06/15/24(d)(g)			931		961,258
Hewlett Packard Enterprise Co., 4.90%, 10/15/25(g)			375		394,834
NCR Corp.(d):
5.75%, 09/01/27			220		200,200
6.13%, 09/01/29			228		212,929
Presidio Holdings, Inc.(d):
4.88%, 02/01/27			363		324,885
8.25%, 02/01/28(g)			481		423,881
Western Digital Corp., 4.75%, 02/15/26(g)			589		597,835
					3,115,822
Textiles, Apparel & Luxury Goods — 0.0%
William Carter Co., 5.63%, 03/15/27(d)			160		154,800
Thrifts & Mortgage Finance — 0.1%
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 5.25%, 03/15/22(d)			23		20,585
Nationstar Mortgage Holdings, Inc., 6.00%, 01/15/27(d)			402		341,700
					362,285
Transportation Infrastructure — 0.2%
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29(d)			200		132,000
Ferrovial Netherlands BV(5 year EUR Swap + 2.13%), 2.12%(i)(j)	EUR		100		89,726
Heathrow Finance PLC, 4.13%, 09/01/29	GBP		100		106,262

18

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Transportation Infrastructure (continued)
Transurban Finance Co. Property Ltd., 4.13%, 02/02/26(d)(g)	USD		435	$	477,898
					805,886
Utilities — 0.1%
Generacion Mediterranea SA/Generacion Frias SA/Central Termica Roca SA, 9.63%, 07/27/23(d)			293		123,060
Vistra Operations Co. LLC(d):
3.55%, 07/15/24			6		5,639
5.50%, 09/01/26			8		8,240
5.63%, 02/15/27			422		435,188
5.00%, 07/31/27			158		160,370
					732,497
Wireless Telecommunication Services — 2.2%
Altice France SA, 5.50%, 01/15/28(d)			581		543,990
Comunicaciones Celulares SA Via Comcel Trust, 6.88%, 02/06/24(d)			300		286,969
Iron Mountain, Inc., 3.00%, 01/15/25	EUR		100		96,871
Radiate Holdco LLC/Radiate Finance, Inc., 6.88%, 02/15/23(d)	USD		113		102,830
Rogers Communications, Inc., 5.00%, 03/15/44(g)			545		653,422
SBA Communications Corp.:
4.00%, 10/01/22			401		400,880
3.88%, 02/15/27(d)(g)			722		723,805
Sprint Capital Corp.:
6.88%, 11/15/28(g)			805		919,471
8.75%, 03/15/32			243		321,368
Sprint Corp.(g):
7.88%, 09/15/23			519		569,644
7.13%, 06/15/24			626		687,129
7.63%, 02/15/25			159		175,695
7.63%, 03/01/26			552		624,754
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC, 3.36%, 09/20/21(d)(g)			195		194,025
T-Mobile USA, Inc.:
4.00%, 04/15/22			197		197,493
6.38%, 03/01/25			282		288,001
6.50%, 01/15/26			227		238,350
4.50%, 02/01/26(g)			498		509,205
4.75%, 02/01/28(g)			479		499,022
VICI Properties LP/VICI Note Co., Inc.(d):
3.50%, 02/15/25			387		360,877
4.25%, 12/01/26			1,246		1,143,205
3.75%, 02/15/27			411		387,367
4.13%, 08/15/30			1,102		1,031,747
Vodafone Group PLC, 3.10%, 01/03/79	EUR		100		106,016

Security		Par (000)		Value
Wireless Telecommunication Services (continued)
Xplornet Communications, Inc., (9.63% Cash or 10.63% PIK), 9.63%, 06/01/22(d)(h)	USD		141	$	131,588
					11,193,724
Total Corporate Bonds — 71.8% (Cost — $395,924,109)					363,804,554
Floating Rate Loan Interests(e) — 47.3%
Aerospace & Defense — 1.1%
Arconic Rolled Products Corp., Term Loan B, 1.00%, 02/04/27(a)(m)			266		239,400
Bleriot US Bidco, Inc.,(a)(m):
Delayed Draw Term Loan, (1 mo. LIBOR US), 7.00%, 10/31/26			61		53,461
Term Loan B, (1 mo. LIBOR US), 6.20%, 10/31/26			389		342,146
Dynasty Acquisition Co., Inc.,:
2020 CAD Term Loan B2, (1 mo. LIBOR US), 4.95%, 04/06/26			979		774,892
2020 Term Loan B1, (1 mo. LIBOR US), 4.95%, 04/06/26			1,822		1,441,301
TransDigm, Inc.,:
2020 Term Loan F, (1 mo. LIBOR + 2.25%), 3.24%, 12/09/25			2,321		2,106,290
2020 Term Loan G, (1 mo. LIBOR + 2.25%), 3.24%, 08/22/24			410		379,536
					5,337,026
Air Freight & Logistics — 0.2%
WestJet Airlines Ltd., Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 12/11/26			1,288		978,707
Airlines — 0.2%
American Airlines, Inc.,:
2017 1st Lien Term Loan, (1 mo. LIBOR US), 2.69%, 01/29/27			65		52,488
2017 Incremental Term Loan, (3 mo. LIBOR US), 2.70%, 12/14/23			881		691,970
Repriced TL B due 2023, (3 mo. LIBOR US), 2.94%, 04/28/23			393		317,180
					1,061,638
Auto Components — 1.0%
Dealer Tire, LLC, 2020 Term Loan B, (1 mo. LIBOR US), 5.24%, 12/12/25(a)			851		689,203
Panther BF Aggregator 2 LP, USD Term Loan B, (1 mo. LIBOR + 3.50%), 4.44%, 04/30/26(a)			2,312		2,103,993

19

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Auto Components (continued)
USI, Inc.:
2017 Repriced Term Loan, (3 mo. LIBOR + 3.00%), 3.99%, 05/16/24	USD		1,509	$	1,373,593
2019 Incremental Term Loan B, (1 mo. LIBOR + 4.00%), 4.99%, 12/02/26			85		75,743
Wand NewCo 3, Inc., 2020 Term Loan, (6 mo. LIBOR + 3.00%), 4.07%, 02/05/26			617		548,688
					4,791,220
Banks — 0.3%
Capri Finance LLC, 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.00%), 4.78%, 11/01/24			1,461		1,252,650
Building Materials — 0.4%
Allied Universal Holdco LLC, 2019 Term Loan B, (1 mo. LIBOR US), 5.24%, 07/10/26			1,978		1,819,758
Building Products — 0.4%
CPG International, Inc., 2017 Term Loan, (3 mo. LIBOR US), 5.93%, 05/05/24(m)			740		613,701
Wilsonart LLC, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.71%, 12/19/23(a)			1,436		1,148,956
					1,762,657
Capital Markets — 0.7%
Duff & Phelps Corp., 2017 Term Loan B, (3 mo. LIBOR US), 4.25%, 02/13/25(a)			1,448		1,418,747
Fortress Investment Group LLC, 2018 Term Loan B, (3 mo. LIBOR US), 2.99%, 12/27/22			421		403,095
Greenhill & Co., Inc., Term Loan B, (3 mo. LIBOR US), 3.86%, 04/12/24(a)			491		426,771
Jefferies Finance LLC, 2019 Term Loan, (1 mo. LIBOR US), 4.24%, 06/03/26(a)			864		713,994
Travelport Finance (Luxembourg) Sarl,:
2019 2nd Lien Term Loan, (3 mo. LIBOR + 9.00%), 10.07%, 05/28/27(a)			410		129,834
2019 Term Loan, (3 mo. LIBOR + 5.00%), 6.07%, 05/29/26			996		638,070
					3,730,511

Security		Par (000)		Value
Chemicals — 1.6%
Alpha 3 BV, 2017 Term Loan B1, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.45%, 01/31/24(a)	USD		1,368	$	1,244,935
Ascend Performance Materials Operations LLC, 2019 Term Loan B, (3 mo. LIBOR US), 6.70%, 08/27/26(a)			1,059		889,776
Axalta Coating Systems US Holdings, Inc., Term Loan, (3 mo. LIBOR + 1.75%), 3.20%, 06/01/24(a)			732		684,157
Charter NEX US Holdings, Inc., 2017 Term Loan B, (3 mo. LIBOR US), 4.00%, 05/16/24(a)			1,373		1,159,763
Charter NEX US, Inc., Incremental Term Loan, (3 mo. LIBOR US), 4.49%, 05/16/24(a)			261		225,689
Chemours Co., 2018 Term Loan B, (3 mo. LIBOR US), 2.74%, 04/03/25(a)			343		312,353
Element Materials Technology Group US Holdings, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.95%, 06/28/24(m)			351		297,001
Encapsys LLC, 2020 Term Loan B2, (1 mo. LIBOR US), 4.25%, 11/07/24(a)			565		440,467
Invictus US LLC:
1st Lien Term Loan, (3 mo. LIBOR US), 4.78%, 03/28/25			345		266,531
2nd Lien Term Loan, (6 mo. LIBOR + 6.75%), 8.53%, 03/30/26(a)			135		94,500
Messer Industries GmbH, 2018 USD Term Loan, (3 mo. LIBOR + 2.50%), 3.95%, 03/01/26			959		848,061
Momentive Performance Materials, Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 4.24%, 05/15/24			433		347,619
Oxea Holding Drei GmbH, 2017 Term Loan B2, (1 mo. LIBOR + 3.50%), 4.94%, 10/14/24			1,001		815,604

20

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Chemicals (continued)
Tata Chemicals North America, Inc., Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 4.38%, 08/07/20(a)	USD		476	$	430,448
					8,056,904
Commercial Services & Supplies — 2.2%
Advanced Disposal Services, Inc., Term Loan B3, (3 mo. LIBOR US), 3.00%, 11/10/23			1,049		1,034,373
Aramark Services, Inc.,(a):
2018 Term Loan B3, (1 mo. LIBOR US), 2.74%, 03/11/25			663		616,540
2019 Term Loan B4, (1 mo. LIBOR US), 2.74%, 01/15/27			248		229,400
Asurion LLC,:
2017 2nd Lien Term Loan, (3 mo. LIBOR US), 7.49%, 08/04/25			671		611,449
2017 Term Loan B4, (1 mo. LIBOR US), 3.99%, 08/04/22(m)			221		208,900
2018 Term Loan B6, (1 mo. LIBOR US), 3.99%, 11/03/23(m)			1,633		1,551,172
2018 Term Loan B7, (1 mo. LIBOR US), 3.99%, 11/03/24(a)			385		363,957
Creative Artists Agency LLC, 2019 Term Loan B, (1 mo. LIBOR US), 4.74%, 11/27/26			1,216		1,051,799
Diamond (BC) BV, Term Loan, (3 mo. LIBOR + 3.00%), 4.78%, 09/06/24(m)			751		556,058
EnergySolutions LLC, 2018 Term Loan B, (3 mo. LIBOR US), 5.20%, 05/09/25(a)			190		163,075
GFL Environmental, Inc., 2018 USD Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 3.99%, 05/30/25			309		297,991
Harland Clarke Holdings Corp., Term Loan B7, (3 mo. LIBOR US), 6.46%, 11/03/23			169		101,537
KAR Auction Services, Inc., 2019 Term Loan B6, (1 mo. LIBOR + 2.25%), 3.19%, 09/19/26(a)(m)			449		413,375
Prime Security Services Borrower LLC, 2019 Term Loan B1, (1 mo. LIBOR US), 4.61%, 09/23/26			870		776,917
US Ecology, Inc., Term Loan B, (1 mo. LIBOR + 2.50%), 3.49%, 11/01/26			158		149,725
Verscend Holding Corp., 2018 Term Loan B, (1 mo. LIBOR + 4.50%), 5.49%, 08/27/25(a)			2,262		2,126,672
West Corp.,:
2017 Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.45%, 10/10/24			1,242		926,258
2018 Term Loan B1, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.95%, 10/10/24			98		72,050
					11,251,248

Security		Par (000)		Value
Communications Equipment — 0.1%
Avantor, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR US), 3.25%, 11/21/24(m)	USD		690	$	649,004
Construction & Engineering — 0.4%
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (3 mo. LIBOR US), 6.06%, 06/21/24			1,162		923,290
Ply Gem Midco, Inc., 2018 Term Loan, (1 mo. LIBOR + 3.75%), 4.56%, 04/12/25(a)			128		108,198
SRS Distribution, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.99%, 05/23/25			807		679,837
USIC Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/08/23			90		75,225
					1,786,550
Construction Materials — 0.9%
American Builders & Contractors Supply Co., Inc., 2019 Term Loan, (1 mo. LIBOR US), 2.99%, 01/15/27(a)			863		811,603
Core & Main LP, 2017 Term Loan B, (3 mo. LIBOR US), 4.33%, 08/01/24(a)			2,012		1,765,443
Filtration Group Corp., 2018 1st Lien Term Loan, (3 mo. LIBOR US), 3.99%, 03/29/25			1,009		871,788
Forterra Finance LLC, 2017 Term Loan B, (3 mo. LIBOR US), 4.00%, 10/25/23(m)			629		517,499
Foundation Building Materials LLC, 2018 Term Loan B, (3 mo. LIBOR US), 3.99%, 08/13/25			269		232,363
Tamko Building Products, Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 4.25%, 06/01/26(a)			261		242,429
					4,441,125
Containers & Packaging — 0.7%
Berry Global, Inc., Term Loan W, (1 mo. LIBOR US), 2.86%, 10/01/22			1,595		1,518,231
BWAY Holding Co., 2017 Term Loan B, (3 mo. LIBOR US), 5.08%, 04/03/24			1,073		870,095
Flex Acquisition Co., Inc., 1st Lien Term Loan, (3 mo. LIBOR US), 4.91%, 12/29/23(a)			1,050		950,682

21

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Containers & Packaging (continued)
Pregis TopCo Corp., 1st Lien Term Loan, (1 mo. LIBOR + 4.00%), 4.99%, 07/31/26(a)	USD		300	$	259,714
					3,598,722
Distributors — 0.2%
TriMark USA LLC, 2017 1st Lien Term Loan, (3 mo. LIBOR US), 4.58%, 08/28/24			1,337		832,391
Diversified Consumer Services — 1.4%
Amentum Government Services Holdings LLC, Term Loan B, (1 mo. LIBOR + 4.00%), 4.99%, 02/01/27			204		187,680
APX Group, Inc., 2020 Term Loan, (1 mo. LIBOR US), 6.70%, 12/31/25			143		116,926
Ascend Learning LLC, 2017 Term Loan B, (3 mo. LIBOR US), 4.00%, 07/12/24(m)			775		687,083
BidFair MergerRight, Inc., Term Loan B, (1 mo. LIBOR US), 6.50%, 01/15/27			1,164		894,521
Bright Horizons Family Solutions, Inc., 2017 Term Loan B, (3 mo. LIBOR US), 2.74%, 11/07/23			788		746,804
Genuine Financial Holdings LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR US), 4.74%, 07/12/25(a)			970		790,782
Nomad Foods Europe Midco Ltd., 2017 Term Loan B4, (1 mo. LIBOR + 2.25%), 2.95%, 05/15/24			414		373,004
Serta Simmons Bedding LLC,:
1st Lien Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 11/08/23			325		127,472
2nd Lien Term Loan, (1 mo. LIBOR + 8.00%, 1.00% Floor), 9.00%, 11/08/24			40		8,707
Spin Holdco, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.09%, 11/14/22			1,830		1,624,543
TruGreen LP, 2019 Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.74%, 03/19/26			747		676,290
Uber Technologies, Inc., 2018 Incremental Term Loan, (1 mo. LIBOR + 3.50%), 4.49%, 07/13/23			1,010		937,090
					7,170,902
Diversified Financial Services — 1.5%
Advisor Group, Inc., 2019 Term Loan, (1 mo. LIBOR US), 5.99%, 07/31/26			1,152		828,637
AlixPartners LLP, 2017 Term Loan B, (1 mo. LIBOR US), 3.50%, 04/04/24(a)(m)			1,732		1,649,726

Security		Par (000)		Value
Diversified Financial Services (continued)
Allsup’s Convenience Stores, Inc., Term Loan, (1 mo. LIBOR US), 7.18%, 11/18/24(a)	USD		437	$	355,834
Credito Real Sab DE CV, Term Loan B, (3 mo. LIBOR + 3.75%), 5.43%, 02/17/23(a)			35		35,000
Deerfield Dakota Holding LLC, 2020 USD Term Loan B, 1.00%, 03/05/27(a)(m)			946		794,417
EG Finco Ltd., 2018 Term Loan, (6 mo. LIBOR + 4.00%), 5.07%, 02/07/25			524		380,097
Kingpin Intermediate Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 07/03/24(a)			695		469,757
Knowlton Development Corp., Inc., 2020 Term Loan B, (1 mo. LIBOR + 3.75%), 4.74%, 12/22/25(m)			794		671,989
LTI Holdings, Inc., 2018 Add On 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 4.49%, 09/06/25			187		137,307
SMG US Midco 2, Inc., 2020 Term Loan, (3 mo. LIBOR + 2.50%), 3.43%, 01/23/25			541		455,816
SSH Group Holdings, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.25%), 5.70%, 07/30/25(a)			416		345,034
Starwood Property Trust, Inc., 2019 Term Loan B, (1 mo. LIBOR + 2.50%), 3.49%, 07/27/26(a)			215		186,980
VS Buyer LLC, Term Loan B, (3 mo. LIBOR + 3.25%), 4.86%, 02/28/27(a)(m)			900		859,167
Ziggo Financing Partnership, USD Term Loan I, (1 mo. LIBOR + 2.50%), 3.20%, 04/30/28(a)			600		564,000
					7,733,761
Diversified Telecommunication Services — 1.7%
Hargray Communications Group, Inc., 2017 Term Loan B, (1 mo. LIBOR US), 4.00%, 05/16/24			658		568,318
Iridium Satellite LLC, Term Loan, (1 mo. LIBOR US), 4.75%, 11/04/26			143		134,420
Level 3 Financing, Inc., 2019 Term Loan B, (1 mo. LIBOR + 1.75%), 2.74%, 03/01/27			566		526,582
MTN Infrastructure TopCo, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 11/15/24(a)			1,009		882,521
TDC A/S, Term Loan, (EURIBOR + 3.00%), 3.00%, 06/04/25	EUR		819		844,985

22

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Diversified Telecommunication Services (continued)
Zayo Group Holdings, Inc., USD Term Loan, (1 mo. LIBOR + 3.00%), 3.99%, 03/09/27(a)(m)	USD		5,887	$	5,533,730
					8,490,556
Electric Utilities — 0.1%
Vistra Energy Corp., 1st Lien Term Loan B3, (1 mo. LIBOR + 1.75%), 2.55%, 12/31/25			604		571,525
Electrical Equipment — 0.5%
Dell International LLC, 2019 Term Loan B, (1 mo. LIBOR US), 2.99%, 09/19/25(m)			1,335		1,268,809
Gates Global LLC, 2017 Repriced Term Loan B, (3 mo. LIBOR US), 3.75%, 04/01/24			1,440		1,241,503
					2,510,312
Energy Equipment & Services — 0.1%
GrafTech Finance, Inc., 2018 Term Loan B, (3 mo. LIBOR US), 4.50%, 02/12/25(a)			545		469,000
Pioneer Energy Services Corp., Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 9.35%, 11/08/22(a)			260		244,400
					713,400
Equity Real Estate Investment Trusts (REITs) — 0.7%
Claros Mortgage Trust, Inc., Term Loan B, (1 mo. LIBOR US), 4.26%, 08/09/26(a)			575		442,835
Cushman & Wakefield U.S. Borrower LLC, 2020 Term Loan B, (1 mo. LIBOR US), 3.74%, 08/21/25			1,049		915,013
Iron Mountain, Inc., 2018 Term Loan B, (3 mo. LIBOR US), 2.74%, 01/02/26			352		331,254
RHP Hotel Properties LP, 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 2.99%, 05/11/24			355		314,074
VICI Properties 1 LLC, Replacement Term Loan B, (1 mo. LIBOR + 1.75%), 2.67%, 12/20/24			1,686		1,544,543
					3,547,719
Food & Staples Retailing — 0.5%
BCPE Empire Holdings, Inc.,:
2019 Delayed Draw Term Loan, (3 mo. LIBOR US), 4.99%, 06/11/26			58		51,465
2019 Term Loan B, (3 mo. LIBOR US), 4.99%, 06/11/26			372		327,491
Hearthside Food Solutions LLC,:
2018 Incremental Term Loan, (3 mo. LIBOR US), 4.99%, 05/23/25			698		590,166
2018 Term Loan B, (3 mo. LIBOR US), 4.68%, 05/23/25			270		223,690

Security		Par (000)		Value
Food & Staples Retailing (continued)
US Foods, Inc.,:
2016 Term Loan B, (1 mo. LIBOR + 1.75%), 2.74%, 06/27/23	USD		1,083	$	998,275
2019 Term Loan B, (6 mo. LIBOR + 2.00%), 3.07%, 09/13/26			576		523,248
					2,714,335
Food Products — 1.3%
8th Avenue Food & Provisions, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR US), 4.30%, 10/01/25			287		260,255
B&G Foods, Inc., 2019 Term Loan B4, 1.00%, 10/10/26(m)			73		67,917
Chobani LLC, 2017 Term Loan B, (3 mo. LIBOR US), 4.50%, 10/10/23			1,974		1,751,588
Froneri International Ltd.,(a):
2020 USD 2nd Lien Term Loan, (6 mo. LIBOR + 5.75%), 6.74%, 01/31/28			87		78,300
2020 USD Term Loan, (1 mo. LIBOR + 2.25%), 3.24%, 01/29/27(m)			2,062		1,953,745
Hostess Brands LLC, 2019 Term Loan, (1 mo. LIBOR US), 4.01%, 08/03/25(m)			139		128,253
JBS USA LUX SA, 2019 Term Loan B, (1 mo. LIBOR US), 3.07%, 05/01/26			115		107,033
Reynolds Group Holdings, Inc., 2017 Term Loan, (1 mo. LIBOR + 2.75%), 3.74%, 02/05/23(a)			2,505		2,361,138
					6,708,229
Health Care Equipment & Supplies — 0.8%
Immucor, Inc., Extended Term Loan B, (3 mo. LIBOR US), 6.45%, 06/15/21(a)			1,842		1,574,775
Mallinckrodt International Finance SA, Term Loan B, (3 mo. LIBOR + 2.75%), 4.20%, 09/24/24			265		177,170
Ortho-Clinical Diagnostics SA, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 4.77%, 06/30/25(a)			2,629		2,224,564
					3,976,509
Health Care Providers & Services — 1.2%
AHP Health Partners, Inc., 2018 Term Loan, (3 mo. LIBOR US), 5.50%, 06/30/25			334		292,944

23

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Health Care Providers & Services (continued)
CHG Healthcare Services, Inc., 2017 1st Lien Term Loan B, (3 mo. LIBOR US), 4.07%, 06/07/23	USD		963	$	850,734
Da Vinci Purchaser Corp., 2019 Term Loan, (1 mo. LIBOR US), 5.87%, 01/08/27(a)(m)			547		514,170
DentalCorp Perfect Smile ULC, 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 06/06/25			287		221,590
Envision Healthcare Corp., 2018 1st Lien Term Loan, (3 mo. LIBOR US), 4.74%, 10/10/25			906		457,432
EyeCare Partners LLC, 2020 Term Loan, (1 mo. LIBOR US), 4.82%, 02/05/27			521		417,042
Gentiva Health Services, Inc., 2020 Term Loan, (1 mo. LIBOR US), 4.25%, 07/02/25(a)			819		766,052
HC Group Holdings II, Inc., Term Loan B, (1 mo. LIBOR US), 5.49%, 08/06/26			864		708,345
HCA, Inc., Term Loan B13, (1 mo. LIBOR US), 2.74%, 03/18/26			765		720,849
MPH Acquisition Holdings LLC, 2016 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 4.20%, 06/07/23			442		389,602
nThrive, Inc., 2016 1st Lien Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 10/20/22			642		534,257
Team Health Holdings, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 02/06/24			643		402,013
					6,275,030
Health Care Services — 0.4%
Emerald TopCo., Inc., Term Loan, (1 mo. LIBOR US), 4.49%, 07/24/26(a)			1,150		1,046,135
WP CityMD Bidco LLC, 2019 Term Loan B, (3 mo. LIBOR + 4.50%, 1.00% Floor), 5.95%, 08/13/26			1,069		948,134
					1,994,269
Health Care Technology — 0.6%
Athenahealth, Inc., 2019 Term Loan B, (3 mo. LIBOR US), 5.28%, 02/11/26(a)			1,299		1,208,132
Change Healthcare Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR US), 3.50%, 03/01/24(a)			1,597		1,501,011

Security		Par (000)		Value
Health Care Technology (continued)
GoodRx, Inc., 1st Lien Term Loan, (1 mo. LIBOR US), 3.74%, 10/10/25	USD		393	$	364,415
					3,073,558
Hotels, Restaurants & Leisure — 2.2%
1011778 B.C. Unlimited Liability Co., Term Loan B4, (1 mo. LIBOR + 1.75%), 2.74%, 11/19/26(a)			1,010		929,547
Aimbridge Acquisition Co., Inc., 2019 Term Loan B, (3 mo. LIBOR US), 5.02%, 02/02/26(a)			282		197,688
Aristocrat Technologies, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR US), 3.58%, 10/19/24			367		327,694
Boyd Gaming Corp., Term Loan B3, (3 mo. LIBOR US), 2.93%, 09/15/23			400		343,953
Caesars Resort Collection LLC, 2017 1st Lien Term Loan B, (3 mo. LIBOR US), 3.74%, 12/23/24			1,999		1,607,026
CCM Merger, Inc., Term Loan B, (3 mo. LIBOR US), 3.24%, 08/08/21			434		384,374
Four Seasons Hotels Ltd., 1st Lien Term Loan, (3 mo. LIBOR US), 2.99%, 11/30/23			624		561,666
Gateway Casinos & Entertainment Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.00%), 4.45%, 03/13/25(a)			49		34,510
Golden Nugget LLC, 2017 Incremental Term Loan B, (3 mo. LIBOR + 2.50%), 3.70%, 10/04/23			755		585,054
IRB Holding Corp, 2020 Term Loan B, (1 mo. LIBOR US), 3.75%, 02/05/25			1,149		882,488
KFC Holding Co., 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 2.36%, 04/03/25			502		473,118
Penn National Gaming, Inc., 2018 1st Lien Term Loan B, (1 mo. LIBOR + 2.25%), 3.24%, 10/15/25			196		146,294
Playa Resorts Holding BV, 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 04/29/24(a)			394		266,897
Playtika Holding Corp., Term Loan B, (6 mo. LIBOR + 6.00%, 1.00% Floor), 7.07%, 12/10/24			495		459,219
Sabre GLBL, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 2.99%, 02/22/24			461		383,448
Scientific Games International, Inc., 2018 Term Loan B5, (1 mo. LIBOR + 2.75%), 4.37%, 08/14/24			580		466,105
Stars Group Holdings BV, 2018 USD Incremental Term Loan, (3 mo. LIBOR + 3.50%), 4.95%, 07/10/25			1,560		1,483,359

24

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Station Casinos LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.25%), 3.24%, 02/08/27	USD		595	$	504,341
Whatabrands LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%), 3.77%, 08/02/26			1,021		837,670
Wyndham Hotels & Resorts, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 2.74%, 05/30/25			204		178,282
					11,052,733
Household Durables — 0.1%
Reynolds Consumer Products LLC, Term Loan, (3 mo. LIBOR + 1.75%), 3.50%, 02/04/27			706		661,522
Independent Power and Renewable Electricity Producers — 0.4%
Calpine Construction Finance Co. LP, 2017 Term Loan B, (1 mo. LIBOR US), 2.99%, 01/15/25			798		744,077
Calpine Corp.,:
2019 Term Loan B10, (1 mo. LIBOR US), 2.99%, 08/12/26(a)(m)			996		935,904
Term Loan B9, (1 mo. LIBOR US), 3.24%, 04/05/26			274		259,549
					1,939,530
Industrial Conglomerates — 0.6%
Sequa Mezzanine Holdings LLC, 1st Lien Term Loan, (3 mo. LIBOR + 5.00%, 1.00% Floor), 6.74%, 11/28/21			665		530,034
Vertiv Group Corp., Term Loan B, 1.00%, 03/02/27(a)(m)			3,179		2,733,940
					3,263,974
Insurance — 1.6%
Alliant Holdings I, Inc., 2018 Term Loan B, (3 mo. LIBOR US), 3.99%, 05/09/25			1,549		1,403,261
Alliant Holdings Intermediate LLC, Term Loan B, (3 mo. LIBOR US), 3.86%, 05/09/25			288		261,145
AmWINS Group, Inc., 2017 Term Loan B, (3 mo. LIBOR US), 3.75%, 01/25/24			1,189		1,095,223
AssuredPartners, Inc., 2020 Term Loan B, (1 mo. LIBOR US), 4.49%, 02/12/27(a)(m)			843		731,130
Davis Vision, Inc., 1st Lien Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.45%, 12/02/24			869		728,821

Security		Par (000)		Value
Insurance (continued)
Hub International Ltd.,:
2018 Term Loan B, (3 mo. LIBOR US), 4.55%, 04/25/25	USD		1,104	$	1,025,578
2019 Incremental Term Loan B, (1 mo. LIBOR US), 5.69%, 04/25/25			707		663,026
Sedgwick Claims Management Services, Inc.,:
2019 Term Loan B, (1 mo. LIBOR + 4.00%), 4.99%, 09/03/26			628		562,802
Term Loan B, (1 mo. LIBOR + 3.25%), 4.24%, 12/31/25			1,654		1,453,711
					7,924,697
Interactive Media & Services — 0.3%
Ancestry.com Operations Inc., 2019 Extended Term Loan B, (3 mo. LIBOR US), 5.24%, 08/27/26(a)			294		232,464
Ancestry.com Operations, Inc.,Non-Extended Term Loan B, (1 mo. LIBOR US), 4.75%, 10/19/23(a)			953		819,940
Rackspace Hosting, Inc., 2017 Incremental 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.76%, 11/03/23			184		159,532
TierPoint LLC, 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 05/06/24			441		386,098
					1,598,034
IT Services — 1.7%
Altran Technologies SA, 1st Lien Term Loan, (1 mo. LIBOR + 2.50%), 3.27%, 03/20/25			211		192,255
Camelot U.S. Acquisition 1 Co., Term Loan B, (1 mo. LIBOR + 3.25%), 4.24%, 10/31/26(a)(m)			1,814		1,705,192
Epicor Software Corp., 1st Lien Term Loan, (3 mo. LIBOR US), 4.25%, 06/01/22			877		797,635
Evertec Group LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%), 4.49%, 11/27/24(a)			375		317,594
Flexential Intermediate Corp., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 1.00% Floor), 8.71%, 08/01/25			273		103,284
Greeneden US Holdings II LLC, 2018 Term Loan B, (3 mo. LIBOR US), 4.24%, 12/01/23(a)			1,010		938,990
Presidio, Inc., 2020 Term Loan B, (3 mo. LIBOR + 3.50%), 5.28%, 01/22/27(a)			320		297,600
PUG LLC, USD Term Loan, (1 mo. LIBOR + 3.50%), 4.49%, 01/29/27(a)			1,577		1,340,614

25

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
IT Services (continued)
Trans Union LLC, 2019 Term Loan B5, (1 mo. LIBOR + 1.75%), 2.74%, 11/16/26		USD   1,500	$	1,432,092
WEX, Inc., Term Loan B3, (1 mo. LIBOR + 2.25%), 3.24%, 05/15/26		1,603		1,381,745
				8,507,001
Life Sciences Tools & Services — 0.8%
Albany Molecular Research, Inc.,:
2017 1st Lien Term Loan, (3 mo. LIBOR US), 4.25%, 08/30/24		58		49,778
2017 2nd Lien Term Loan, (3 mo. LIBOR US), 8.00%, 08/30/25(a)		130		91,000
eResearchTechnology, Inc., 2020 1st Lien Term Loan, (1 mo. LIBOR US), 5.95%, 02/04/27		1,063		924,810
Sotera Health Holdings LLC, 2019 Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 12/11/26		3,654		3,164,470
				4,230,058
Machinery — 0.6%
Clark Equipment Co., 2019 Term Loan B, (1 mo. LIBOR US), 3.20%, 05/18/24		188		167,550
Columbus McKinnon Corp., 2018 Term Loan B, (3 mo. LIBOR US), 3.95%, 01/31/24		59		52,142
Ingersoll-Rand Global Holding Co. Ltd., 2020 USD Spinco Term Loan, (1 mo. LIBOR + 1.75%), 2.74%, 03/01/27(a)		875		818,125
Terex Corp., 2019 Term Loan B1, (1 mo. LIBOR + 2.75%), 3.74%, 01/31/24(a)		116		105,405
Titan Acquisition Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.00%), 4.45%, 03/28/25		2,540		2,069,837
				3,213,059
Media — 3.8%
Altice Financing SA, 2017 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 3.67%, 01/31/26		82		74,071
Altice France SA, 2018 Term Loan B13, (1 mo. LIBOR + 4.00%), 4.70%, 08/14/26		1,459		1,382,542
Cable One, Inc., 2017 Term Loan B, (3 mo. LIBOR US), 2.74%, 05/01/24		126		122,390
Charter Communications Operating LLC, 2019 Term Loan B1, (1 mo. LIBOR US), 2.74%, 04/30/25(m)		1,630		1,559,962
Clear Channel Outdoor Holdings, Inc., Term Loan B, (1 mo. LIBOR US), 4.49%, 08/21/26(a)(m)		2,668		2,241,048

Security	Par (000)		Value
Media (continued)
Connect Finco Sarl, Term Loan B, (UNFND + 0.37%), 5.49%, 12/11/26(a)		USD   4,292	$	3,358,490
CSC Holdings LLC,:
2017 1st Lien Term Loan, (1 mo. LIBOR + 2.25%), 2.86%, 07/17/25		456		434,048
2019 Term Loan B5, (1 mo. LIBOR + 2.50%), 3.11%, 04/15/27(m)		879		838,215
Diamond Sports Group LLC, Term Loan, (1 mo. LIBOR US), 4.18%, 08/24/26(a)		338		260,254
Gray Television, Inc., 2017 Term Loan B, (3 mo. LIBOR US), 3.77%, 02/07/24(m)		684		637,648
Intelsat Jackson Holdings SA, 2017 Term Loan B3, (6 mo. LIBOR + 3.75%, 1.00% Floor), 5.68%, 11/27/23		145		132,131
Learfield Communications LLC, 2016 1st Lien Term Loan, (3 mo. LIBOR US), 4.86%, 12/01/23		1,759		1,149,323
Liberty Latin America Ltd., Term Loan B, (3 mo. LIBOR + 5.00%), 5.70%, 10/15/26		409		374,746
Lions Gate Capital Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 3.24%, 03/24/25(a)		531		474,875
MH Sub I LLC, 2017 1st Lien Term Loan, (3 mo. LIBOR US), 4.82%, 09/13/24		867		728,795
Midcontinent Communications, 2019 Term Loan B, (3 mo. LIBOR + 1.75%), 3.20%, 08/15/26		262		242,525
Nexstar Broadcasting, Inc., 2019 Term Loan B4, (1 mo. LIBOR + 2.75%), 4.33%, 09/18/26		511		473,746
PCI Gaming Authority, Term Loan, (1 mo. LIBOR + 2.50%), 3.49%, 05/29/26		501		405,531
PSAV Holdings LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR US), 4.83%, 03/03/25(a)		1,320		824,980
Radiate Holdco LLC, 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.99%, 02/01/24		732		671,061
Sinclair Television Group, Inc., Term Loan B2, 1.00%, 01/03/24(a)(m)		228		216,301
Terrier Media Buyer, Inc., Term Loan B, (3 mo. LIBOR + 4.25%), 5.70%, 12/17/26(a)		571		503,602
Trader Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 09/28/23(a)		1,480		1,242,802

26

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Media (continued)
William Morris Endeavor Entertainment LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 3.74%, 05/18/25(m)		USD   1,213	$	951,025
				19,300,111
Metals & Mining — 0.3%
Ball Metalpack LLC, 2018 1st Lien Term Loan B, (3 mo. LIBOR US), 6.11%, 07/31/25		674		505,773
Equinox Holdings, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR US), 4.07%, 03/08/24		1,133		822,311
				1,328,084
Multiline Retail — 0.0%
Neiman Marcus Group Ltd. LLC, Cash Pay Extended Term Loan, (1 mo. LIBOR + 6.00%), 7.50%, 10/25/23		353		138,791
Oil & Gas Equipment & Services — 0.1%
McDermott Technology Americas, Inc.,:
2018 1st Lien Term Loan, (PRIME + 4.00%), 7.25%, 05/09/25		663		187,824
2020 DIP New Money Term Loan, (UNFND + 0.50%), 10.81%, 10/21/20(m)		265		239,732
2020 SP DIP Roll Up Term Loan, (3 mo. LIBOR + 9.00%), 10.65%, 10/22/20(m)		308		277,733
				705,289
Oil, Gas & Consumable Fuels — 0.1%
California Resources Corp., Second Out Term Loan, (3 mo. LIBOR + 10.37%, 1.00% Floor), 11.99%, 12/31/21		600		28,300
CITGO Holding, Inc., 2019 Term Loan B, (1 mo. LIBOR US), 8.00%, 08/01/23		2		1,605
CONSOL Energy, Inc., 1st Lien Term Loan B, (3 mo. LIBOR US), 5.49%, 09/27/24		190		123,719
Edgewater Generation LLC, Term Loan, (3 mo. LIBOR US), 4.74%, 12/13/25		447		357,489

Security	Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
EG Group Ltd., 2018 Term Loan B, (6 mo. LIBOR + 4.00%), 5.45%, 02/07/25		USD   250	$	181,178
				692,291
Personal Products — 0.2%
Sunshine Luxembourg VII Sarl, USD 1st Lien Term Loan, (6 mo. LIBOR + 4.25%, 1.00% Floor), 5.32%, 10/01/26(m)		1,299		1,161,078
Pharmaceuticals — 1.9%
Amneal Pharmaceuticals LLC, 2018 Term Loan B, (3 mo. LIBOR US), 4.50%, 05/04/25		862		732,880
Catalent Pharma Solutions, Inc., Term Loan B2, (3 mo. LIBOR US), 3.25%, 05/18/26(a)		992		957,469
Elanco Animal Health Inc., Term Loan B, 1.00%, 02/04/27(m)		955		902,137
Grifols Worldwide Operations USA, Inc., USD 2019 Term Loan B, (1 mo. LIBOR US), 2.68%, 11/15/27		888		836,577
Jaguar Holding Co. II, 2018 Term Loan, (3 mo. LIBOR US), 3.50%, 08/18/22(m)		3,176		3,022,997
Valeant Pharmaceuticals International, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 3.61%, 06/02/25(m)		3,175		3,004,791
				9,456,851
Professional Services — 0.6%
Cast and Crew Payroll LLC,:
2019 1st Lien Term Loan, (1 mo. LIBOR US), 4.75%, 02/09/26		691		539,211
2020 Incremental Term Loan, 1.00%, 02/09/26(a)(m)		147		113,190
Dun & Bradstreet Corp., Term Loan, (1 mo. LIBOR US), 4.96%, 02/06/26(m)		1,818		1,629,776
SIRVA Worldwide, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 5.50%), 6.95%, 08/04/25(a)		399		287,370
STG-Fairway Holdings LLC, Term Loan B, (3 mo. LIBOR + 3.50%), 4.57%, 01/31/27		473		397,320
				2,966,867
Real Estate Management & Development — 0.5%
CityCenter Holdings LLC, 2017 Term Loan B, (3 mo. LIBOR US), 3.24%, 04/18/24		1,596		1,385,396
ESH Hospitality, Inc., 2019 Term Loan B, (1 mo. LIBOR US), 2.99%, 09/18/26		282		248,776

27

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Real Estate Management & Development (continued)
Forest City Enterprises LP, 2019 Term Loan B, (1 mo. LIBOR US), 4.49%, 12/08/25(a)		USD   778	$	661,428
Realogy Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 3.83%, 02/08/25(a)		189		159,214
				2,454,814
Road & Rail — 0.3%
Lineage Logistics Holdings LLC, 2018 Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 02/27/25(m)		1,442		1,336,740
Road Infrastructure Investment LLC, 2016 1st Lien Term Loan, (PRIME + 2.50%), 4.50%, 06/13/23(a)(m)		549		394,964
				1,731,704
Semiconductors & Semiconductor Equipment — 0.2%
Cabot Microelectronics Corp., 2019 Term Loan B1, (1 mo. LIBOR US), 3.00%, 11/17/25(a)		469		449,888
Microchip Technology, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 2.99%, 05/29/25(a)		350		335,659
ON Semiconductor Corp., 2019 Term Loan B, (1 mo. LIBOR + 2.00%), 2.99%, 09/19/26		225		209,993
				995,540
Software — 7.6%
Applied Systems, Inc.,:
2017 1st Lien Term Loan, (3 mo. LIBOR US), 4.70%, 09/19/24		1,611		1,479,487
2017 2nd Lien Term Loan, (3 mo. LIBOR US), 8.45%, 09/19/25		250		225,073
BMC Software Finance, Inc., 2017 Term Loan, (3 mo. LIBOR US), 5.24%, 10/02/25		645		532,565
Castle US Holding Corp., USD Term Loan B, (1 mo. LIBOR US), 5.20%, 01/29/27		1,170		927,962
Cerence, Inc., Term Loan B, (1 mo. LIBOR US), 7.52%, 10/01/24(a)		315		279,755
Cypress Intermediate Holdings III, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR US), 3.75%, 04/29/24		1,876		1,701,753
Digicel International Finance Ltd., 2017 Term Loan B, (3 mo. LIBOR + 3.25%), 4.87%, 05/28/24(a)		498		384,972
DTI Holdco, Inc., 2018 Term Loan B, (3 mo. LIBOR US), 6.53%, 09/30/23		493		346,602
Ellie Mae, Inc., Term Loan, (3 mo. LIBOR US), 5.20%, 04/17/26(m)		1,887		1,644,302

Security	Par (000)		Value
Software (continued)
Financial & Risk US Holdings, Inc., 2018 USD Term Loan, (1 mo. LIBOR US), 4.24%, 10/01/25(m)		USD   2,546	$	2,433,677
Infor (US), Inc., Term Loan B6, (3 mo. LIBOR US), 3.75%, 02/01/22(m)		3,211		3,077,336
Informatica LLC,:
2020 USD 2nd Lien Term Loan, (Fixed + 7.12%), 7.13%, 02/25/25(a)		487		428,560
2020 USD Term Loan B, (1 mo. LIBOR US), 4.24%, 02/25/27(m)		3,264		2,812,628
Kronos, Inc.,(m):
2017 Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.76%, 11/01/23		3,403		3,088,856
2nd Lien Term Loan, (3 mo. LIBOR + 8.25%, 1.00% Floor), 10.01%, 11/01/24		702		643,068
McAfee LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.75%), 4.69%, 09/30/24		1,611		1,503,720
Mitchell International, Inc.,:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 4.24%, 11/29/24		780		644,683
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 8.24%, 12/01/25(a)		267		200,000
Renaissance Holding Corp., 2018 Add On Term Loan, (1 mo. LIBOR + 3.25%), 4.24%, 05/30/25		32		26,252
RP Crown Parent LLC, 2016 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 10/12/23(a)(m)		1,366		1,297,291
Severin Acquisition LLC, 2018 Term Loan B, (3 mo. LIBOR + 3.00%), 4.74%, 08/01/25(m)		1,314		1,123,509
SolarWinds Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 3.74%, 02/05/24		1,699		1,574,689
Solera LLC, Term Loan B, (3 mo. LIBOR + 2.75%), 4.36%, 03/03/23		1,431		1,334,273
Sophia LP, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.70%, 09/30/22		1,882		1,783,589
SS&C Technologies Holdings Europe Sarl, 2018 Term Loan B4, (1 mo. LIBOR + 1.75%), 2.74%, 04/16/25(m)		607		565,897
SS&C Technologies, Inc.,(m):
2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 2.74%, 04/16/25		851		793,512
2018 Term Loan B5, (1 mo. LIBOR + 1.75%), 2.74%, 04/16/25		647		604,196

28

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Software (continued)
Tempo Acquisition LLC, Term Loan, (1 mo. LIBOR + 2.75%), 3.74%, 05/01/24		USD   2,200	$	1,957,765
Tibco Software Inc.,(a):
2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 8.24%, 03/03/28		1,083		1,007,190
2020 Term Loan B, (1 mo. LIBOR + 3.75%), 4.74%, 06/30/26		1,953		1,836,082
Ultimate Software Group, Inc., Term Loan B, (1 mo. LIBOR + 3.75%), 4.74%, 05/04/26(m)		1,029		954,795
Vertafore, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 4.24%, 07/02/25		1,472		1,289,663
				38,503,702
Specialty Retail — 1.1%
Belron Finance US LLC,(a):
2019 USD Term Loan B, (1 mo. LIBOR US), 4.27%, 10/30/26		419		393,813
Term Loan B, (3 mo. LIBOR + 2.25%), 3.99%, 11/07/24		745		700,164
Term Loan B, (3 mo. LIBOR + 2.25%), 3.96%, 11/13/25		184		172,655
CD&R Firefly Bidco Ltd., 2018 GBP Term Loan B1, (LIBOR - GBP + 4.50%), 5.26%, 06/23/25		GBP   1,000		993,680
IAA, Inc., Term Loan B, (3 mo. LIBOR US), 3.25%, 06/28/26(a)		USD      287		272,213
MED ParentCo LP,:
1st Lien Delayed Draw Term Loan, (UNFND + 4.25%), 5.24%, 08/31/26		80		65,925
1st Lien Term Loan, (1 mo. LIBOR + 4.25%), 5.24%, 08/31/26		454		375,739
Midas Intermediate Holdco II LLC, Incremental Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 4.02%, 08/18/21		539		418,785
PetSmart, Inc., Term Loan B2, (6 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 03/11/22		2,141		2,047,587
Research Now Group, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 5.50%, 1.00% Floor), 7.26%, 12/20/24(a)		386		339,779
				5,780,340
Technology Hardware, Storage & Peripherals — 0.3%
Electronics for Imaging, Inc., Term Loan, (3 mo. LIBOR US), 6.45%, 07/23/26(m)		533		433,215

Security	Par (000)		Value
Technology Hardware, Storage & Peripherals (continued)
Western Digital Corp., 2018 Term Loan B4, (3 mo. LIBOR + 1.75%), 3.35%, 04/29/23(a)(m)		USD   913	$	876,832
				1,310,047
Thrifts & Mortgage Finance — 0.2%
IG Investment Holdings LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR US), 5.45%, 05/23/25		1,266		999,477
Trading Companies & Distributors — 0.2%
HD Supply, Inc., Term Loan B5, (3 mo. LIBOR US), 2.74%, 10/17/23(m)		1,079		1,001,026
Utilities — 0.1%
ExGen Renewables IV LLC, Term Loan B, (3 mo. LIBOR US), 4.62%, 11/28/24		808		722,965
Wireless Telecommunication Services — 0.3%
Geo Group, Inc., 2018 Term Loan B, (3 mo. LIBOR US), 2.99%, 03/22/24		335		272,671
Ligado Networks LLC, PIK Exit Term Loan (9.75% PIK), 0.00%, 12/07/20(a)(h)		265		159,234
SBA Senior Finance II LLC, 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 2.74%, 04/11/25(m)		975		919,219
				1,351,124
Total Floating Rate Loan Interests — 47.3% (Cost — $272,287,261)				239,820,925
Foreign Agency Obligations — 2.9%
Bahrain — 0.0%
CBB International Sukuk Co. 7 SPC, 6.88%, 10/05/25		200		196,750
Colombia — 0.1%
Colombia Government International Bond:
8.13%, 05/21/24		238		272,956
4.50%, 01/28/26(g)		236		239,761
3.88%, 04/25/27		200		196,938
				709,655
Dominican Republic — 0.0%
Dominican Republic International Bond, 5.50%, 01/27/25		159		152,243
Egypt — 0.3%
Egypt Government Bond:
16.00%, 06/11/22		EGP   2,625		168,917
14.30%, 09/03/22		5,685		354,751

29

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Egypt (continued)
Egypt Government International Bond, 5.75%, 04/29/20		USD             882	$	879,244
				1,402,912
Iceland — 0.7%
Iceland Government International Bond, 5.88%, 05/11/22		3,030		3,350,087
Indonesia — 0.2%
Indonesia Government International Bond:
4.75%, 01/08/26		395		418,206
5.35%, 02/11/49(g)		200		226,563
Indonesia Treasury Bond, 6.13%, 05/15/28		IDR   3,387,000		184,717
				829,486
Mexico — 0.0%
Mexico Government International Bond, 4.15%, 03/28/27(g)		USD            210		213,806
Mongolia — 0.1%
Mongolia Government International Bond, 8.75%, 03/09/24		250		235,755
Nigeria — 0.0%
Nigeria Government International Bond, 7.63%, 11/21/25		284		218,680
Pakistan — 0.1%
Pakistan Government International Bond, 6.88%, 12/05/27		200		165,245
Third Pakistan International Sukuk Co. Ltd., 5.63%, 12/05/22		200		186,700
				351,945
Paraguay — 0.0%
Paraguay Government International Bond, 5.40%, 03/30/50(d)		200		187,312
Portugal — 0.7%
Portugal Government International Bond, 5.13%, 10/15/24(d)		3,190		3,573,636
Qatar — 0.2%
Qatar Government International Bond:
4.50%, 04/23/28		490		541,450
4.00%, 03/14/29(d)(g)		200		214,000
				755,450
Russia — 0.2%
Russian Foreign Bond — Eurobond:
4.75%, 05/27/26		400		425,400
4.25%, 06/23/27		400		419,000
				844,400

Security	Par (000)		Value
Saudi Arabia — 0.1%
Saudi Government International Bond, 4.50%, 04/17/30		USD   385	$	413,875
Sri Lanka — 0.1%
Sri Lanka Government International Bond:
6.85%, 03/14/24		200		118,396
6.35%, 06/28/24		200		117,713
7.85%, 03/14/29		400		216,424
7.55%, 03/28/30		200		110,250
				562,783
Turkey — 0.0%
Turkey Government International Bond, 6.25%, 09/26/22		200		194,875
Ukraine — 0.1%
Ukraine Government International Bond:
7.75%, 09/01/22		118		110,920
7.75%, 09/01/25		166		150,022
9.75%, 11/01/28		236		229,879
				490,821
Total Foreign Agency Obligations — 2.9% (Cost — $14,889,984)				14,684,471
	Shares
Investment Companies — 0.7%
Invesco Senior Loan ETF		165,601		3,388,197
Total Investment Companies — 0.7% (Cost — $3,734,592)				3,388,197
	Par (000)
Non-Agency Mortgage-Backed Securities — 1.6%
Collateralized Mortgage Obligations — 0.6%
Countrywide Alternative Loan Trust, Series 2005-54CB, Class 3A4, 5.50%, 11/25/35		USD 1,712		1,302,866
Countrywide Home Loan Mortgage Pass-Through Trust:
Series2005-17, Class 1A6, 5.50%, 09/25/35		259		239,125
Series2006-17, Class A2, 6.00%, 12/25/36		922		615,496
Series2007-HY5, Class 3A1, 3.80%, 09/25/37(f)		600		474,474

30

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Collateralized Mortgage Obligations (continued)
GSR Mortgage Loan Trust,Series 2005-AR5, Class 2A3, 4.12%, 10/25/35(f)	USD		466	$	325,353
					2,957,314
Commercial Mortgage-Backed Securities — 1.0%
Banc of America Merrill Lynch Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.60%, 04/14/33(d)(f)			4,830		4,949,406
Greenwich Capital Commercial Funding Corp. Commercial Mortgage Trust,Series 2006-GG7, Class AM, 5.51%, 07/10/38(f)			247		245,291
					5,194,697
TotalNon-Agency Mortgage-Backed Securities — 1.6% (Cost — $8,477,397)					8,152,011
		Beneficial Value (000)
Other Interests(n) — 0.0%
Auto Components — 0.0%
Lear Corp. Escrow(a)(b)(c)			1,000		10
IT Services — 0.0%
Millennium Corp.(a)(b)			918		—
Millennium Lender Claims(a)(b)			861		—
					—
Total Other Interests — 0.0% (Cost — $—)					10
		Par (000)
Preferred Securities — 9.4%
Capital Trusts — 7.1%
Banks — 1.3%
Banco Mercantil del Norte SA, 6.75%(d)(i)(j)	USD		396		302,029
Bank of East Asia Ltd., 5.88%(i)(j)	HKD		250		248,332
Bankia SA, 6.38%(i)(j)	EUR		200		172,016
Burgan Bank SAK, 5.75%(i)(j)	KWD		250		220,313
Capital One Financial Corp., Series E, 5.55%(g)(i)(j)	USD		3,000		2,580,000
CIT Group, Inc., Series A, 5.80%(i)(j)			235		204,450

Security		Par (000)		Value
Banks (continued)
Nanyang Commercial Bank Ltd., 5.00%(i)(j)	EUR		200	$	181,605
TMB Bank PCL, 4.90%(i)(j)	USD		250		212,500
Wells Fargo & Co.,(g)(i)(j):
Series S, 5.90%			1,500		1,470,000
Series U, 5.88%			968		982,520
					6,573,765
Building Materials — 0.0%
Holcim Finance Luxembourg SA, 3.00%(i)(j)	EUR		100		95,036
Capital Markets — 0.8%
China Cinda Asset Management Co. Ltd., 4.45%(i)(j)	CNY		200		196,875
Goldman Sachs Group, Inc., Series M, 5.38%(g)(i)(j)	USD		1,730		1,546,187
Morgan Stanley, Series H, 5.44%(g)(i)(j)			2,546		2,145,005
					3,888,067
Diversified Financial Services — 3.8%
Bank of America Corp.,(g)(i)(j):
Series AA, 6.10%			1,038		1,048,380
Series DD, 6.30%			215		225,750
Series U, 5.20%			1,250		1,186,275
Series X, 6.25%			1,929		1,957,935
Series Z, 6.50%			143		150,865
BNP Paribas SA, 4.50%(d)(i)(j)			205		157,850
Credit Agricole SA, 6.50%(i)(j)	EUR		100		104,693
Credit Suisse Group AG(i)(j):
5.10%(d)	USD		200		154,500
6.25%			200		184,250
6.38%(d)			495		434,461
HBOS Capital Funding LP, 6.85%(j)			100		94,150
HSBC Holdings PLC(i)(j):
6.00%			415		393,212
6.25%			695		643,744
JPMorgan Chase & Co.,(i)(j):
Series 1, 5.24%(g)			146		130,343
Series FF, 5.00%			1,345		1,263,278
Series HH, 4.60%(g)			570		498,864
Series R, 6.00%(g)			120		118,800
Series S, 6.75%(g)			160		167,200
Series U, 6.13%(g)			6,690		6,355,500
Series V, 4.75%(g)			4,060		3,524,080
Royal Bank of Scotland Group PLC, 8.63%(i)(j)			200		195,000
Woori Bank, 4.25%(i)(j)	KRW		250		235,168
					19,224,298
Diversified Telecommunication Services — 0.1%
Koninklijke KPN NV, 2.00%(i)(j)	EUR		100		102,454
Telefonica Europe BV(i)(j):
3.75%			100		107,197

31

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Diversified Telecommunication Services (continued)
4.38%	EUR		100	$	107,222
5.88%			100		112,803
					429,676
Electric Utilities — 0.3%
NextEra Energy Capital Holdings, Inc., 5.65%,(g)(i)	USD		1,750		1,609,295
Electronic Equipment, Instruments & Components — 0.0%
Belden, Inc., 4.13%, 10/15/26	EUR		100		102,998
Insurance — 0.7%
Achmea BV, 4.63%(i)(j)			200		181,356
Heungkuk Life Insurance Co. Ltd., 4.48%(i)(j)	USD		200		191,313
Voya Financial, Inc., 5.65%, 05/15/53(i)			3,500		3,167,500
					3,540,169
Oil, Gas & Consumable Fuels — 0.0%
Naturgy Finance BV, 3.38%(i)(j)	EUR		100		105,909
Utilities — 0.1%
Electricite de France SA, 3.00%(i)(j)			200		205,137
Total Capital Trusts — 7.1%					35,774,350
		Shares
Preferred Stocks — 1.9%
Banks — 0.0%
CF-B L2 (D) LLC, (Acquired 04/08/15, cost $131,171), 0.00%(o)			134,077		54,207
Capital Markets — 1.9%
Goldman Sachs Group, Inc., Series J, 5.50%(i)(j)			202,526		4,921,382
Morgan Stanley,(i)(j):
Series F, 6.88%			120		3,078,000
Series K, 5.85%			53		1,311,089
					9,310,471
Total Preferred Stocks — 1.9%					9,364,678
Trust Preferred — 0.4%
Diversified Financial Services — 0.4%
GMAC Capital Trust I, Series 2, 7.48%(i)			105,753		2,168,994
Total Trust Preferreds — 0.4%					2,168,994
Total Preferred Securities — 9.4% (Cost — $51,380,879)					47,308,022

Security		Par (000)		Value
U.S. Government Sponsored Agency Securities — 2.5%
Collateralized Mortgage Obligations — 1.3%
Fannie Mae Connecticut Avenue Securities,Series 2017-C03, Class 1M2, (1 mo. LIBOR US + 3.00%), 3.95%, 10/25/29(e)	USD		1,600	$	1,416,784
Freddie Mac Mortgage-Backed Securities, Series 4480, Class ZX, 4.00%, 11/15/44			4,835		5,373,962
					6,790,746
Interest Only Collateralized Mortgage Obligations — 0.3%
Freddie Mac Mortgage-Backed Securities, Series K042, Class X1, 1.04%, 12/25/24(f)			33,753		1,386,271
Mortgage-Backed Securities — 0.9%
Fannie Mae Mortgage-Backed Securities, 5.00%, 07/01/20 - 08/01/23			34		35,948
Freddie Mac Mortgage-Backed Securities, 3.50%, 04/15/20(g)			4,198		4,464,803
					4,500,751
Total U.S. Government Sponsored Agency Securities — 2.5% (Cost — $12,821,903)					12,677,768
U.S. Treasury Obligations — 3.7%
U.S. Treasury Bills, 2.75%, 09/30/20(g)			1,600		1,621,000
U.S. Treasury Bonds, 2.88%, 05/15/49(g)			1,350		1,842,064
U.S. Treasury Notes(g):
2.75%, 04/30/23			8,000		8,604,063
2.75%, 08/31/25			6,150		6,911,303
Total U.S. Treasury Obligations — 3.7% (Cost — $17,035,096)					18,978,430
Warrants — 0.0%
Metals & Mining — 0.0%
AFGlobal Corp. (Expires 12/20/20)(a)			2,542		—
Total Warrants — 0.0% (Cost — $—)					—
Total Long-Term Investments — 143.5% (Cost — $807,345,081)					727,094,721
Total Investments — 143.5% (Cost — $807,345,081)					727,094,721
Liabilities in Excess of Other Assets — (43.5)%					(220,330,493	)
Net Assets — 100.0%				$	506,764,228

^(a)  Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

32

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

^(b)  Non-income producing security.

^(c)  Issuer filed for bankruptcy and/or is in default.

^(d)  Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(e)  Variable rate security. Rate shown is the rate in effect as of period end.

^(f)  Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

^(g)  All or a portion of the security has been pledged as collateral in connection with outstanding reverse repurchase agreements.

^(h)  Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

⁽ⁱ⁾  Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of period end.

^(j)  Perpetual security with no stated maturity date.

^(k)  Zero-coupon bond.

^(l)  Convertible security.

^(m)  Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate.

⁽ⁿ⁾  Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities.

^(o)  Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $54,207 , representing 0.01% of its net assets as of period end, and an original cost of $131,171.

Affiliate	Shares Held at 12/31/19		Shares Purchased		Shares Sold			Shares Held at 03/31/20		Value at 03/31/20		Income		Net Realized Gain (Loss) (a)		Change in Unrealized Appreciation (Depreciation)
BlackRock Liquidity Funds,T-Fund, Institutional Class(b)		1,358,645		—		(1,358,645	)(c)		—	$	—	$	17,394	$	—	$	—

^(a)  Includes net capital gain distributions, if applicable.

^(b)  As of period end, the entity is no longer held by the Fund.

^(c)  Represents net shares purchased (sold).

Currency Abbreviations
BRL	Brazilian Real
CAD	Canadian Dollar
CNY	China
EUR	Euro
HKD	Hong Kong
GBP	British Pound
JPY	Japanese Yen
KRW	South Korea
KWD	Kuwait
NZD	New Zealand Dollar
USD	United States Dollar
Portfolio Abbreviations
ABS	Asset-Backed Security
CLO	Collateralized Loan Obligation
CR	Custodian Receipt
DIP	Debtor-In-Possession
ETF	Exchange-Traded Fund
LIBOR	London Interbank Offered Rate
MTN	Medium-Term Note
PIK	Payment-In-Kind
PRIME	U.S. Prime Rate
REIT	Real Estate Investment Trust

33

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Reverse Repurchase Agreements

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements  (a)

BNP Paribas S.A.

0.95

%

06/21/19

Open

$

2,902,500

$

2,955,547

Capital Trusts

Open/Demand

BNP Paribas S.A.

0.95

06/21/19

Open

1,483,125

1,536,079

Capital Trusts

Open/Demand

BNP Paribas S.A.

0.95

06/21/19

Open

581,788

592,192

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

06/21/19

Open

226,188

230,641

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

06/21/19

Open

993,200

1,012,757

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

06/21/19

Open

944,843

963,209

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

06/21/19

Open

590,008

601,626

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

06/21/19

Open

2,421,969

2,468,058

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

1,493,888

1,521,069

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

654,063

665,963

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

1,528,788

1,556,604

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

407,531

414,946

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

154,635

157,449

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

256,275

260,938

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

386,250

393,278

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

288,563

293,813

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

680,231

692,608

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

1,110,819

1,131,030

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

343,350

349,597

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

1,776,250

1,808,569

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

993,431

1,011,507

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

535,575

545,320

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

392,531

399,673

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

1,455,000

1,481,474

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

1,434,125

1,460,219

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

275,224

280,521

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

2,364,675

2,407,701

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

263,313

268,104

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

285,938

291,140

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

1,218,544

1,240,715

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

430,650

438,486

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

1,452,506

1,478,935

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

370,781

377,528

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

843,750

859,102

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

162,350

165,304

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.04

06/21/19

Open

134,925

137,380

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

07/16/19

Open

569,250

578,628

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

07/16/19

Open

795,150

808,250

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.06

07/17/19

Open

6,512,000

6,600,607

U.S. Treasury Obligations

Open/Demand

HSBC Securities (USA), Inc.

0.06

07/17/19

Open

8,316,000

8,429,153

U.S. Treasury Obligations

Open/Demand

RBC Capital Markets, LLC

1.30

08/26/19

Open

1,682,738

1,707,754

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

1.66

08/27/19

Open

1,636,000

1,654,651

U.S. Treasury Obligations

Open/Demand

RBC Capital Markets, LLC

0.10

08/29/19

Open

264,128

266,079

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.15

08/29/19

Open

643,125

651,910

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

08/29/19

Open

419,543

425,649

Corporate Bonds

Open/Demand

34

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

RBC Capital Markets, LLC

1.30

%

08/29/19

Open

$

535,301

$

543,093

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

08/29/19

Open

1,561,573

1,584,302

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

08/29/19

Open

1,075,718

1,091,375

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

08/29/19

Open

1,073,600

1,089,227

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

09/03/19

Open

1,437,188

1,455,033

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.00

09/03/19

Open

2,349,187

2,378,356

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

09/03/19

Open

1,068,750

1,082,020

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.00

09/03/19

Open

2,307,900

2,336,556

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

09/03/19

Open

1,622,771

1,642,921

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.00

09/03/19

Open

1,081,267

1,094,693

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/03/19

Open

1,327,775

1,346,198

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.25

09/03/19

Open

1,081,978

1,096,990

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.25

09/03/19

Open

509,469

516,538

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/03/19

Open

2,310,000

2,342,051

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.25

09/03/19

Open

1,226,569

1,243,587

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/04/19

Open

392,201

397,613

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

908,438

919,359

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

3,172,500

3,210,640

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

6,781,988

6,863,758

Capital Trusts

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

1,504,500

1,522,587

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

3,555,000

3,597,739

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

838,785

848,869

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

3,812,057

3,857,886

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

849,225

859,435

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

288,400

291,871

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

169,744

171,784

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

1,002,394

1,014,445

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

09/04/19

Open

526,025

532,356

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

09/04/19

Open

2,289,375

2,319,636

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

09/09/19

Open

446,500

452,250

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/11/19

Open

986,798

999,886

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/16/19

Open

1,105,561

1,119,887

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/16/19

Open

778,500

788,529

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

0.45

09/17/19

Open

400,000

403,380

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

09/17/19

Open

806,925

816,160

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.05

09/17/19

Open

292,370

295,796

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.05

09/17/19

Open

181,750

183,880

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

103,853

104,972

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

514,639

521,229

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

1,078,761

1,092,575

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

728,850

738,183

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

597,690

605,344

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

670,605

679,192

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

454,436

460,256

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

855,400

866,354

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

412,539

417,822

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

642,715

650,945

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

143,696

145,536

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

788,880

798,982

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.25

09/17/19

Open

430,320

435,830

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/20/19

Open

575,920

583,047

Corporate Bonds

Open/Demand

35

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

BNP Paribas S.A.

1.15

%

09/20/19

Open

$

512,513

$

518,583

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

10/01/19

Open

264,600

267,883

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

10/01/19

Open

844,828

855,308

Corporate Bonds

Open/Demand

J.P. Morgan Securities LLC

0.75

10/11/19

Open

200,430

202,134

Corporate Bonds

Open/Demand

J.P. Morgan Securities LLC

1.10

10/11/19

Open

446,400

450,594

Corporate Bonds

Open/Demand

J.P. Morgan Securities LLC

1.10

10/11/19

Open

862,875

871,431

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

10/31/19

Open

532,675

537,721

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

11/04/19

Open

798,968

806,500

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

11/12/19

Open

450,640

454,658

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

0.45

11/15/19

Open

218,738

220,613

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

11/15/19

Open

390,181

393,162

Capital Trusts

Open/Demand

Barclays Capital, Inc.

1.10

11/15/19

Open

202,120

203,741

Foreign Agency Obligations

Open/Demand

Barclays Capital, Inc.

1.25

11/15/19

Open

109,385

110,325

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

11/15/19

Open

314,038

316,737

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

11/15/19

Open

447,440

451,287

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

11/15/19

Open

1,247,063

1,257,784

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

11/15/19

Open

380,190

383,531

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

11/15/19

Open

684,203

690,216

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

11/15/19

Open

143,303

144,562

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

11/21/19

Open

310,030

312,560

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

12/05/19

Open

553,465

557,497

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.50

12/05/19

Open

41,513

41,444

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/05/19

Open

291,280

293,449

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/09/19

Open

687,660

692,605

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

12/17/19

Open

1,048,005

1,054,548

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

12/17/19

Open

2,048,770

2,061,561

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

12/17/19

Open

1,357,563

1,366,038

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

12/18/19

Open

917,975

923,651

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

12/18/19

Open

1,143,000

1,150,068

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/18/19

Open

1,041,074

1,047,962

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/18/19

Open

321,722

323,851

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.35

12/19/19

Open

903,858

909,910

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/19/19

Open

149,425

150,414

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/19/19

Open

165,205

166,298

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/19/19

Open

334,670

336,884

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/19/19

Open

285,600

287,471

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.30

12/20/19

Open

1,726,231

1,737,212

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.10

01/02/20

Open

1,498,500

1,504,498

U.S. Treasury Obligations

Open/Demand

BNP Paribas S.A.

1.12

01/08/20

Open

837,533

841,603

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.12

01/08/20

Open

1,502,361

1,509,663

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.22

01/08/20

Open

1,640,138

1,648,487

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

01/14/20

Open

760,598

764,074

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

01/14/20

Open

5,976,413

6,003,730

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.04

01/14/20

Open

1,155,131

1,160,139

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.30

01/14/20

Open

1,009,775

1,014,714

Corporate Bonds

Open/Demand

36

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

BNP Paribas S.A.

1.10

%

01/15/20

Open

$

1,665,343

$

1,672,679

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

01/16/20

Open

1,019,655

1,024,406

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

01/16/20

Open

1,696,500

1,704,052

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.30

01/16/20

Open

210,938

211,942

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.30

01/16/20

Open

1,348,200

1,354,623

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.30

01/16/20

Open

765,475

769,122

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

0.25

01/21/20

Open

168,670

168,490

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

01/21/20

Open

459,608

461,382

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

01/21/20

Open

1,673,415

1,679,876

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

01/21/20

Open

404,260

406,017

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

01/21/20

Open

1,041,100

1,045,626

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

01/21/20

Open

581,819

584,348

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

01/21/20

Open

146,450

147,087

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

01/21/20

Open

1,549,083

1,555,817

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

01/21/20

Open

396,664

398,388

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

01/21/20

Open

443,438

445,279

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

01/21/20

Open

536,130

538,356

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

01/21/20

Open

570,000

572,367

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.30

01/21/20

Open

1,186,868

1,192,142

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.38

01/21/20

Open

835,728

839,572

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

01/22/20

Open

882,000

885,779

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

01/22/20

Open

313,600

314,884

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.30

01/23/20

Open

636,380

639,127

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.30

01/24/20

Open

1,079,520

1,083,973

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

01/27/20

Open

869,938

873,238

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

0.50

01/31/20

Open

446,985

448,053

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

01/31/20

Open

739,688

742,009

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.09

01/31/20

Open

393,335

394,626

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.09

01/31/20

Open

267,890

268,769

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.09

01/31/20

Open

275,220

276,123

Corporate Bonds

Open/Demand

J.P. Morgan Securities LLC

0.75

01/31/20

Open

254,294

255,004

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

02/06/20

Open

983,678

986,970

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

159,568

160,008

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

1,750,815

1,755,652

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

395,106

396,198

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

734,969

736,999

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

178,351

178,844

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

118,080

118,406

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

874,278

876,693

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

590,094

591,724

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

1,193,688

1,196,985

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

1,021,138

1,023,958

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/11/20

Open

580,583

582,186

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.09

02/11/20

Open

270,338

271,099

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

02/11/20

Open

158,400

158,848

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

02/11/20

Open

879,675

882,165

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

02/11/20

Open

976,140

978,903

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

02/11/20

Open

938,210

940,866

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.30

02/11/20

Open

350,400

351,370

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

02/12/20

Open

548,368

549,997

Corporate Bonds

Open/Demand

37

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash  Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

BNP Paribas S.A.

1.35

%

02/12/20

Open

$

718,815

$

721,047

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

879,056

881,385

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

799,939

802,057

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

574,291

575,812

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

806,575

808,711

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

752,595

754,588

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

878,130

880,456

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

678,510

680,307

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

686,190

688,007

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

745,518

747,492

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

844,760

846,997

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/13/20

Open

749,875

751,861

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

02/13/20

Open

752,169

754,210

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

02/13/20

Open

707,783

709,703

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.40

02/13/20

Open

793,800

796,265

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.30

02/14/20

Open

976,920

979,577

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

02/19/20

Open

37,541

37,636

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

02/25/20

Open

727,635

729,136

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.30

02/26/20

Open

128,060

128,335

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/28/20

Open

611,100

612,231

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/28/20

Open

654,309

655,520

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/28/20

Open

642,563

643,752

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/28/20

Open

646,905

648,103

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/28/20

Open

669,030

670,269

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/28/20

Open

549,780

550,798

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/28/20

Open

657,510

658,727

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

02/28/20

Open

660,630

661,853

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

02/28/20

Open

634,480

635,684

Corporate Bonds

Open/Demand

Credit Suisse Securities (USA) LLC

0.50

03/02/20

Open

225,000

225,275

Foreign Agency Obligations

Open/Demand

Credit Suisse Securities (USA) LLC

1.75

03/02/20

Open

222,430

222,781

Foreign Agency Obligations

Open/Demand

Credit Suisse Securities (USA) LLC

2.25

03/02/20

Open

179,250

179,550

Foreign Agency Obligations

Open/Demand

Goldman Sachs & Co.

0.25

03/02/20

Open

176,587

176,820

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.25

03/02/20

Open

253,869

254,204

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.25

03/02/20

Open

288,576

288,957

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.25

03/02/20

Open

397,350

397,874

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.35

03/02/20

Open

709,000

709,991

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.50

03/02/20

Open

221,038

221,372

Foreign Agency Obligations

Open/Demand

Goldman Sachs & Co.

0.55

03/02/20

Open

553,155

554,014

Capital Trusts

Open/Demand

Goldman Sachs & Co.

0.55

03/02/20

Open

531,421

532,246

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.60

03/02/20

Open

1,954,014

1,957,124

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.60

03/02/20

Open

1,270,074

1,272,096

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.60

03/02/20

Open

391,957

392,581

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

03/05/20

Open

3,117,113

3,120,446

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.04

03/09/20

Open

7,341

7,348

Corporate Bonds

Open/Demand

Citigroup Global Markets Inc.

0.90

03/10/20

4/15/20

4,341,388

4,343,558

U.S. Government Sponsored Agency Securities

Up to 30 Days

38

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

BNP Paribas S.A.

1.15

%

03/13/20

Open

$

231,840

$

232,039

Corporate Bonds

Open/Demand

BoFA Securities, Inc.

1.25

03/17/20

Open

101,490

101,437

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.60

03/18/20

Open

971,480

972,084

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.60

03/18/20

Open

940,275

940,860

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.60

03/19/20

Open

436,905

437,157

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.00

03/20/20

Open

17,969

17,978

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.25

03/23/20

Open

150,590

150,712

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.25

03/23/20

Open

123,840

123,941

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.25

03/23/20

Open

71,540

71,636

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.25

03/23/20

Open

231,400

231,588

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.25

03/23/20

Open

211,935

212,107

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.25

03/23/20

Open

68,693

68,748

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.25

03/23/20

Open

80,360

80,425

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.65

03/23/20

Open

85,000

85,014

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.90

03/23/20

Open

273,000

273,061

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.90

03/23/20

Open

356,000

356,080

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.90

03/23/20

Open

146,000

146,033

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.90

03/23/20

Open

331,000

331,074

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.90

03/23/20

Open

257,000

257,058

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.90

03/23/20

Open

99,000

99,022

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.90

03/23/20

Open

158,000

158,036

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

03/24/20

Open

74,439

74,457

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

03/24/20

Open

361,950

362,024

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

03/24/20

Open

427,313

427,408

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

03/25/20

Open

514,025

514,115

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

03/25/20

Open

611,888

611,995

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.04

03/25/20

Open

178,600

178,631

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.65

03/26/20

Open

529,000

529,048

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.65

03/26/20

Open

139,000

139,013

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

0.65

03/26/20

Open

194,000

194,018

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.65

03/26/20

Open

201,000

201,018

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

0.65

03/26/20

Open

110,000

110,010

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

0.65

03/26/20

Open

458,000

458,041

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

0.65

03/26/20

Open

151,000

151,014

Capital Trusts

Open/Demand

39

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Reverse Repurchase Agreements (continued)

Counterparty	Interest Rate			Trade Date		Maturity Date (a)		Face Value		Face Value Including Accrued Interest		Type of Non-Cash  Underlying Collateral	Remaining Contractual Maturity of the Agreements  (a)
HSBC Securities (USA), Inc.		0.65	%		03/26/20		Open	$	118,000	$	118,011	Capital Trusts	Open/Demand
Barclays Capital, Inc.		0.75			03/30/20		Open		6,208		6,208	Capital Trusts	Open/Demand
BNP Paribas S.A.		1.10			03/30/20		Open		738,135		738,158	Corporate Bonds	Open/Demand
								$	228,609,967	$	230,696,859

^(a)  Certain agreements have no stated maturity and can be terminated by either party at any time.

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Long Contracts
10-Year U.S. Ultra Long Treasury Note		64		06/19/20	$	9,986	$	43,945
2-Year U.S. Treasury Note		1,109		06/30/20		244,405		4,334,730
								4,378,675
Short Contracts
10-Year U.S. Treasury Note		182		06/19/20		25,241		(110,222	)
U.S. Long Treasury Bond		17		06/19/20		3,044		(256,175	)
U.S. Ultra Bond		9		06/19/20		1,997		(212,838	)
5-Year U.S. Treasury Note		397		06/30/20		49,768		(468,931	)
								(1,048,166	)
							$	3,330,509

Forward Foreign Currency Exchange Contracts

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
GBP	6,375,000	USD	7,905,255	JPMorgan Chase Bank N.A.		04/03/20	$	13,234
GBP	855,000	USD	1,061,746	State Street Bank and Trust Co.		04/03/20		263
GBP	893,000	USD	1,108,934	State Street Bank and Trust Co.		04/03/20		275
USD	8,222,118	GBP	6,375,000	Natwest Markets PLC		04/03/20		303,629
USD	1,113,844	GBP	864,000	Standard Chartered Bank		04/03/20		40,656
USD	1,151,230	GBP	893,000	Standard Chartered Bank		04/03/20		42,020
USD	54,453	NZD	86,000	Morgan Stanley & Co. International PLC		04/03/20		3,138
USD	319,289	EUR	289,000	UBS AG		05/05/20		145
USD	926,931	EUR	839,000	UBS AG		05/05/20		422
USD	8,141,308	EUR	7,369,000	UBS AG		05/05/20		3,706
USD	51,595	NZD	86,000	Morgan Stanley & Co. International PLC		05/05/20		292
JPY	482,803,165	NZD	7,250,000	Morgan Stanley & Co. International PLC		06/17/20		181,255
USD	8,220,000	CAD	11,443,884	Bank of America N.A.		06/17/20		82,289
USD	4,310,000	CAD	5,971,282	HSBC Bank USA N.A.		06/17/20		63,840

40

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Forward Foreign Currency Exchange Contracts (continued)

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
USD	4,110,000	CAD	5,703,365	UBS AG		06/17/20	$	54,355
USD	4,320,000	JPY	452,409,019	JPMorgan Chase Bank N.A.		06/17/20		98,868
								888,387
EUR	289,000	USD	318,854	UBS AG		04/03/20		(107	)
EUR	839,000	USD	925,669	UBS AG		04/03/20		(310	)
EUR	7,369,000	USD	8,130,218	UBS AG		04/03/20		(2,720	)
NZD	86,000	USD	51,606	Morgan Stanley & Co. International PLC		04/03/20		(291	)
USD	924,958	EUR	841,000	HSBC Bank USA N.A.		04/03/20		(2,606	)
USD	8,591,489	EUR	7,811,000	HSBC Bank USA N.A.		04/03/20		(23,504	)
USD	1,648,143	EUR	1,499,000	UBS AG		04/03/20		(5,150	)
USD	7,911,184	GBP	6,375,000	JPMorgan Chase Bank N.A.		05/05/20		(12,875	)
USD	1,062,572	GBP	855,000	State Street Bank and Trust Co.		05/05/20		(184	)
USD	1,109,797	GBP	893,000	State Street Bank and Trust Co.		05/05/20		(192	)
CAD	5,680,678	USD	4,110,000	Citibank N.A.		06/17/20		(70,488	)
CAD	5,720,610	USD	4,110,000	Citibank N.A.		06/17/20		(42,092	)
CAD	5,723,526	USD	4,110,000	JPMorgan Chase Bank N.A.		06/17/20		(40,019	)
CAD	6,003,313	USD	4,310,000	JPMorgan Chase Bank N.A.		06/17/20		(41,063	)
JPY	453,587,472	USD	4,320,000	Goldman Sachs International		06/17/20		(87,872	)
NZD	7,250,000	JPY	466,899,275	Natwest Markets PLC		06/17/20		(32,866	)
								(362,339	)
	Net Unrealized Appreciation						$	526,048

Centrally Cleared Credit Default Swaps — Sell Protection

Reference Obligation/Index	Financing Rate Received by the Fund			Payment Frequency		Termination Date	Credit Rating (a)		Notional Amount (000) (b)		Value			Upfront Premium Paid (Received)		Unrealized Appreciation (Depreciation)
Markit iTraxx XO, Series 32, Version 1		5.00	%		Quarterly	12/20/24		B	EUR	100	$	(2,079	)	$	1,101	$	(3,180	)

^(a) Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.

^(b) The maximum potential amount the Fund may pay should a negative credit event take place as defined under the terms of the agreement.

Centrally Cleared Interest Rate Swaps

Paid by the Fund

Received by the Fund

Effective Date

Termination Date

Notional Amount (000)

Value

Upfront Premium Paid (Received)

Unrealized Appreciation (Depreciation)

Rate

Frequency

Rate

Frequency

3-Month LIBOR, 1.45%

Quarterly

1.57%

Semi-Annual

N/A

02/11/30

USD            5

$

415

$

207

$

208

41

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

OTC Credit Default Swaps — Buy Protection

Reference Obligation/Index	Financing Rate Paid by the Fund			Payment Frequency		Counterparty	Termination Date		Notional Amount (000)		Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Altice Finco SA		5.00	%		Quarterly	Credit Suisse International		12/20/24	EUR	40	$	(356	)	$	(5,163	)	$	4,807
Altice Finco SA		5.00			Quarterly	Credit Suisse International		12/20/24	EUR	30		(267	)		(3,200	)		2,933
											$	(623	)	$	(8,363	)	$	7,740

OTC Credit Default Swaps — Sell Protection

Reference Obligation/Index	Financing Rate Received by the Fund			Payment Frequency		Counterparty	Termination Date		Credit Rating (a)	Notional Amount (000) (b)			Value			Upfront PremiumPaid (Received)			Unrealized Appreciation (Depreciation)
Casino Guichard Perrachon SA		1.00	%		Quarterly	Citibank N.A.		06/20/23	B		EUR	11	$	(1,902	)	$	(1,066	)	$	(836	)
Casino Guichard Perrachon SA		1.00			Quarterly	Barclays Bank PLC		12/20/23	B		EUR	40		(8,118	)		(4,881	)		(3,237	)
Chesapeake Energy Corp.		5.00			Quarterly	Barclays Bank PLC		12/20/23	CCC-		USD	79		(69,125	)		114			(69,239	)
Chesapeake Energy Corp.		5.00			Quarterly	Barclays Bank PLC		12/20/23	CCC-		USD	62		(54,250	)		454			(54,704	)
Broadcom, Inc.		1.00			Quarterly	Citibank N.A.		06/20/24	B-		USD	1,185		(86,893	)		(76,924	)		(9,969	)
Altice SA		5.00			Quarterly	Citibank N.A.		12/20/24	B-		EUR	10		(224	)		1,108			(1,332	)
Garfunkelux Holdco 2 SA		5.00			Quarterly	Credit Suisse International		12/20/24	B-		EUR	10		(2,797	)		(127	)		(2,670	)
Garfunkelux Holdco 2 SA		5.00			Quarterly	Credit Suisse International		12/20/24	B-		EUR	30		(8,391	)		—			(8,391	)
Garfunkelux Holdco 2 SA		5.00			Quarterly	Credit Suisse International		12/20/24	B-		EUR	10		(2,797	)		588			(3,385	)
Intrum Justitia AB		5.00			Quarterly	Credit Suisse International		12/20/24	B		EUR	20		(4,407	)		629			(5,036	)
Tesco PLC		1.00			Quarterly	Morgan Stanley & Co. International PLC		12/20/28	B		EUR	60		(3,699	)		(5,399	)		1,700
CMBX.NA.8		3.00			Annual	Barclays Bank PLC		10/17/57	NR		USD	5,000		(1,195,006	)		(501,631	)		(693,375	)
CMBX.NA.8		3.00			Annual	Credit Suisse International		10/17/57	NR		USD	2,500		(597,503	)		(248,102	)		(349,401	)
CMBX.NA.8		3.00			Annual	Morgan Stanley & Co. International PLC		10/17/57	NR		USD	4,450		(1,063,555	)		(586,315	)		(477,240	)
CMBX.NA.9		3.00			Annual	Morgan Stanley & Co. International PLC		09/17/58	NR		USD	7,550		(1,920,676	)		(920,510	)		(1,000,166	)
CMBX.NA.9		3.00			Annual	Credit Suisse International		09/17/58	NR		USD	5,000		(1,271,971	)		(537,135	)		(734,836	)
CMBX.NA.9		3.00			Annual	Credit Suisse International		09/17/58	NR		USD	5,000		(1,271,971	)		(537,135	)		(734,836	)
CMBX.NA.9		3.00			Annual	Credit Suisse International		09/17/58	NR		USD	5,000		(1,271,971	)		(531,269	)		(740,702	)
													$	(8,835,256	)	$	(3,947,601	)	$	(4,887,655	)

^(a) Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.

^(b) The maximum potential amount the Fund may pay should a negative credit event take place as defined under the terms of the agreement.

42

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 — Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access

• Level 2 — Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

• Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of investments and derivative financial instruments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and derivative financial instruments, refer to the Fund”s most recent financial statements as contained in its annual report.

As of March 31, 2020, certain investments of the Fund were fair valued using net asset value (“NAV”) per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

The following tables summarize the Fund’s investments and derivative financial instruments categorized in the disclosure hierarchy:

	Level 1		Level 2			Level 3		Total
Assets:
Investments:
Long-Term Investments:
Common Stocks(a)	$	25,298	$	157,591		$	28,419	$	211,308
Asset-Backed Securities		—		16,180,587			1,888,438		18,069,025
Corporate Bonds(a)		—		362,390,345			1,414,209		363,804,554
Floating Rate Loan Interests(a)		—		181,409,792			58,411,133		239,820,925
Foreign Agency Obligations(a)		—		14,684,471			—		14,684,471
Investment Companies		3,388,197		—			—		3,388,197
Non-Agency Mortgage-Backed Securities		—		8,152,011			—		8,152,011
Other Interests		—		—			10		10
Preferred Securities(a)		11,479,465		35,774,350			—		47,253,815
U.S. Government Sponsored Agency Securities		—		12,677,768			—		12,677,768
U.S. Treasury Obligations		—		18,978,430			—		18,978,430
Liabilities:
Investments:
Unfunded Floating Rate Loan Interests(b)		—		(31,684	)		—		(31,684	)
Subtotal	$	14,892,960	$	650,373,661		$	61,742,209	$	727,008,830
Investments valued at NAV(c)									54,207
Total Investments								$	727,063,037

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Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

Fair Value Hierarchy as of Period End (continued)

	Level 1			Level 2			Level 3			Total
Derivative Financial Instruments(d)
Assets:
Credit contracts	$	—		$	9,440		$	—		$	9,440
Forward foreign currency contracts		—			888,387			—			888,387
Interest rate contracts		4,378,675			208			—			4,378,883
Liabilities:
Credit contracts		—			(4,882,566	)		(9,969	)		(4,892,535	)
Forward foreign currency contracts		—			(362,339	)		—			(362,339	)
Interest rate contracts		(1,048,166	)		—			—			(1,048,166	)
Total	$	3,330,509		$	(4,346,870	)	$	(9,969	)	$	(1,026,330	)

^(a)  See above Schedule of Investments for values in each industry.

^(b)  Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment.

^(c)  Certain investments of the Fund were fair valued using NAV per share or its equivalent as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

^(d)  Derivative financial instruments are swaps, futures contracts and forward foreign currency exchange contracts. Swaps, futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument.

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial statement purposes. As of period end, reverse repurchase agreements of $230,696,859 are categorized within as Level 2 the disclosure hierarchy.

A reconciliation of Level 3 Investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the year in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

	Asset-Backed Securities			Common Stocks			Corporate Bonds			Floating Rate Loan Interests			Other Interests		Grand Total
Assets:
Opening balance, as of December 31, 2019	$	1,015,603		$	522,907		$	1,561,152		$	8,974,479		$	10	$	12,074,151
Transfers into Level 3(a)		—			—			—			36,920,507			—		36,920,507
Transfers out of Level 3		—			(138,203	)		—			(3,323,436	)		—		(3,461,639	)
Accrued discounts/premiums		(30,532	)		—			—			12,226			—		(18,306	)
Net realized gain (loss)		—			—			—			(290,542	)		—		(290,542	)
Net change in unrealized appreciation (depreciation)(b)		(3,637	)		(356,285	)		(130,152	)		(5,753,314	)		—		(6,243,388	)
Purchases		1,000,000			—			—			26,097,146			—		27,097,146
Sales		(92,996	)		—			(16,791	)		(4,225,933	)		—		(4,335,720	)
Closing balance, as of March 31, 2020	$	1,888,438		$	28,419		$	1,414,209		$	58,411,133		$	10	$	61,742,209
Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2020(b)	$	(3,637	)	$	(356,285	)	$	(130,152	)	$	(5,755,946	)	$	—	$	(6,246,020	)

^(a)  As of December 31, 2019, the Fund used observable inputs in determining the value of certain investments. As of March 31, 2020, the Fund used significant unobservable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 2 to Level 3 in the disclosure hierarchy.

^(b)  Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at March 31, 2020 is generally due to investments no longer held or categorized as Level 3 at period end.

44

Schedule of Investments  (unaudited) (continued) March 31, 2020 BlackRock Limited Duration Income Trust (BLW)     

	Credit Contracts			Grand Total
Assets:
Opening balance, as of December 31, 2019	$	84,334		$	84,334
Transfers into Level 3		—			—
Transfers out of Level 3		—			—
Accrued discounts/premiums		—			—
Net realized gain (loss)		—			—
Net change in unrealized appreciation (depreciation)(a)		(94,303	)		(94,303	)
Purchases		—			—
Sales		—			—
Closing balance, as of March 31, 2020	$	(9,969	)	$	(9,969	)
Net change in unrealized appreciation (depreciation) on derivative financial instruments held at March 31, 2020(a)	$	(94,303	)	$	(94,303	)

^(a)  Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on derivative financial instruments still held at March 31, 2020 is generally due to derivative financial instruments no longer held or categorized as Level 3 at period end.

The Fund’s investments and derivative financial instruments that are categorized as Level 3 were valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 investments and derivative financial instruments.

45