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

Schedule of Investments (unaudited)  September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Asset-Backed Securities
522 Funding Clo I Ltd., Series 2019-1A, Class E, (3 mo. LIBOR US + 7.34%), 7.58%, 01/15/33(a)(b)	USD		250	$	241,302
AIMCO CLO, Series 2017-AA, Class C, (3 mo. LIBOR US + 2.45%), 2.72%, 07/20/29(a)(b)			1,000		979,415
Allegro CLO II-S Ltd., Series 2014-1RA, Class C, (3 mo. LIBOR US + 3.00%), 3.27%, 10/21/28(a)(b)			1,000		950,516
ALM XVI Ltd./ALM XVI LLC, Series 2015-16A, Class CR2, (3 mo. LIBOR US + 2.70%), 2.94%, 07/15/27(a)(b)			270		261,394
Anchorage Capital CLO Ltd.(a)(b)
Series 2014-3RA, Class E, (3 mo. LIBOR US + 5.50%), 5.75%, 01/28/31			850		729,761
Series 2014-4RA, Class D, (3 mo. LIBOR US + 2.60%), 2.85%, 01/28/31			250		226,613
Series 2015-7A, Class D1R2, (3 mo. LIBOR US + 3.50%), 3.75%, 01/28/31			1,000		952,141
Series 2016-8A, Class ER, (3 mo. LIBOR US + 5.75%), 6.00%, 07/28/28			1,000		843,997
Ares LV CLO Ltd., Series 2020-55A, Class D, (3 mo. LIBOR US + 4.83%), 5.07%, 04/15/31(a)(b)			1,000		998,739
Argent Securities Trust, Series 2006-W5, Class A1A, (1 mo. LIBOR US + 0.15%), 0.30%, 06/25/36(b)			5,301		3,880,804
Bain Capital Credit CLO Ltd., (3 mo. LIBOR US + 4.81%), 5.17%, 07/21/31(a)(b)(c)			300		300,390
Benefit Street Partners CLO VII Ltd., Series 2015- VIIA, Class CR, 2.67%, 07/18/27(a)(d)			250		239,068
Benefit Street Partners CLO XX Ltd., Series 2020- 20A, Class C, (3 mo. LIBOR US + 2.60%), 2.84%, 07/15/31(a)(b)			250		247,384
BlueMountain CLO XXVI Ltd., Series 2019-26A, Class E, (3 mo. LIBOR US + 7.70%), 7.97%, 10/20/32(a)(b)			250		250,838
CarVal CLO II Ltd., Series 2019-1A, Class C, 3.52%, 04/20/32(a)(d)			250		247,685
CarVal CLO III Ltd., Series 2019-2A, Class E, (3 mo. LIBOR US + 6.44%), 6.71%, 07/20/32(a)(b)			500		463,336
CarVal CLO Ltd., Series 2018-1A, Class E, 6.00%, 07/16/31(a)(d)			500		448,907
Cedar Funding IV CLO Ltd., Series 2014-4A, Class DR, (3 mo. LIBOR US + 3.65%), 3.91%, 07/23/30(a)(b)			500		482,883
Citigroup Mortgage Loan Trust, Series 2006-FX1, Class A7, 5.78%, 10/25/36(e)			447		373,505
Clear Creek CLO, Series 2015-1A, Class DR, 3.22%, 10/20/30(a)(d)			250		234,433
Countrywide Asset-Backed Certificates, Series 2006- 26, Class 1A, (1 mo. LIBOR US + 0.14%), 0.29%, 06/25/37(b)			772		708,064
Credit Suisse ABS Repackaging Trust, Series 2013-A, Class B, 2.50%, 01/25/30(a)			354		353,194
Dryden CLO Ltd., Series 2018-64A, Class D, (3 mo. LIBOR US + 2.65%), 2.87%, 04/18/31(a)(b)			250		238,670
Dryden Senior Loan Fund, Series 2014-36A, Class DR2, (3 mo. LIBOR US + 3.70%), 3.94%, 04/15/29(a)(b)			250		243,201
Elmwood CLO III Ltd., Series 2019-3A, Class E, (3 mo. LIBOR US + 7.00%), 7.24%, 10/15/32(a)(b)			950		923,820

Security		Par (000)		Value
Asset-Backed Securities (continued)
Elmwood CLO V Ltd., Series 2020-2A, Class C, (3 mo. LIBOR US + 2.75%), 3.03%, 07/24/31(a)(b)	USD		500	$	496,577
Litigation Fee Residual Funding, 4.00%, 10/30/27(c)			577		576,400
Madison Park Funding X Ltd., Series 2012-10A, Class ER2, (3 mo. LIBOR US + 6.40%), 6.67%, 01/20/29(a)(b)			500		435,678
Madison Park Funding XVI Ltd., Series 2015-16A, Class C, (3 mo. LIBOR US + 3.70%), 3.97%, 04/20/26(a)(b)			300		296,376
Neuberger Berman CLO XX Ltd., Series 2015-20A, Class ER, (3 mo. LIBOR US + 5.00%), 5.24%, 01/15/28(a)(b)			790		714,636
Oaktree CLO Ltd., Series 2015-1A, Class DR, (3 mo. LIBOR US + 5.20%), 5.47%, 10/20/27(a)(b)			500		407,836
Octagon Investment Partners LLC, Series 2017-1A, Class E, (3 mo. LIBOR US + 6.30%), 6.57%, 07/20/30(a)(b)			500		452,496
OZLM VIII Ltd., Series 2014-8A, Class CRR, (3 mo. LIBOR US + 3.15%), 3.42%, 10/17/29(a)(b)			250		238,351
OZLM XXI Ltd., Series 2017-21A, Class D, (3 mo. LIBOR US + 5.54%), 5.81%, 01/20/31(a)(b)			250		177,873
Palmer Square CLO Ltd., Series 2020-1A, Class C, (3 mo. LIBOR US + 3.00%), 3.29%, 04/20/29(a)(b)			250		245,604
Palmer Square Loan Funding Ltd., Series 2018-5A, Class B, (3 mo. LIBOR US + 1.90%), 2.17%, 01/20/27(a)(b)			1,000		974,800
Park Avenue Institutional Advisers CLO Ltd., Series 2017-1A, Class D, (3 mo. LIBOR US + 6.22%), 6.48%, 11/14/29(a)(b)			1,750		1,606,480
Rockford Tower CLO Ltd.(a)(b)
Series 2017-1A, Class DR, (3 mo. LIBOR US + 2.65%), 2.89%, 04/15/29			250		233,910
Series 2017-2A, Class DR, (3 mo. LIBOR US + 2.85%), 3.09%, 10/15/29			500		493,295
Sterling Coofs Trust(c)
Series 2004-1, Class A, 2.36%, 04/15/29			1,409		14,095
Series 2004-2, Class Note, 2.08%, 03/30/30(a)			2,071		20,706
Symphony CLO XVIII Ltd., Series 2016-18A, Class D, (3 mo. LIBOR US + 4.00%), 4.26%, 01/23/28(a)(b)			1,000		957,739
TICP CLO VII Ltd., Series 2017-7A, Class ER, (3 mo. LIBOR US + 7.05%), 7.29%, 04/15/33(a)(b)			250		218,270
Unique Pub Finance Co. PLC, Series N, 6.46%, 03/30/32	GBP		100		122,014
Voya CLO Ltd.(a)(b)
Series 2014-3A, Class CR, (3 mo. LIBOR US + 2.65%), 2.89%, 07/25/26	USD		250		234,275
Series 2019-3A, Class C, (3 mo. LIBOR US + 2.60%), 2.87%, 10/17/32			1,000		978,751
Westcott Park CLO Ltd., Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.25%), 3.52%, 07/20/28(a)(b)			500		479,268

S C H E D U L E  O F  I N V E S T M E N T  S 1

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Asset-Backed Securities (continued)
York CLO Ltd.(a)(b)
Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.60%), 3.87%, 10/20/29	USD		250	$	242,666
Series 2016-2A, Class ER, (3 mo. LIBOR US + 6.75%), 7.02%, 04/20/32			1,000		864,441
Total Asset-Backed Securities — 4.7% (Cost: $28,263,812)					27,302,597
		Shares
Common Stocks
Consumer Finance — 0.0%
Arrow Global Group PLC(f)			2,735		4,482
Diversified Financial Services — 0.0%
Kcad Holdings I Ltd.(c)(f)			546,753,936		5,468
Energy Equipment & Services — 0.1%
Mcdermott International Ltd.(f)			47,837		114,809
Pioneer Energy Services Corp.(c)			273		10,601
					125,410
Health Care Management Services — 0.0%
New Millennium HoldCo, Inc.(f)			8,511		8
Household Durables — 0.0%
Berkline Benchcraft Equity LLC(c)(f)			3,155		—
Media — 0.0%
Clear Channel Outdoor Holdings, Inc.(f)			38,911		38,911
Metals & Mining — 0.0%
Ameriforge Group, Inc.			801		13,216
Preferred Proppants LLC(c)(f)			5,738		22,952
					36,168
Software — 0.0%
Avaya Holdings Corp.(f)			19		289
Specialty Retail — 0.0%
NMG Parent LLC			1,330		56,458
Total Common Stocks — 0.1% (Cost: $7,185,358)					267,194
		Par (000)
Corporate Bonds
Aerospace & Defense — 2.3%
Amsted Industries, Inc., 5.63%, 07/01/27(a)	USD		156		165,956
Bombardier, Inc.(a)
8.75%, 12/01/21(g)			779		789,065
5.75%, 03/15/22			108		104,652
6.00%, 10/15/22			8		7,420
6.13%, 01/15/23(g)			338		288,990
7.50%, 12/01/24			135		103,612
7.50%, 03/15/25			33		24,750
7.88%, 04/15/27(g)			712		540,009
F-Brasile SpA/F-Brasile US LLC, Series XR, 7.38%, 08/15/26(a)			423		357,435

Security		Par (000)		Value
Aerospace & Defense (continued)
Howmet Aerospace, Inc.
5.87%, 02/23/22(g)	USD		730	$	772,121
5.13%, 10/01/24			80		84,800
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25(a)			378		394,617
Moog, Inc., 4.25%, 12/15/27(a)			156		159,518
Rolls-Royce PLC, 0.88%, 05/09/24	EUR		100		101,570
Signature Aviation US Holdings, Inc.(a)
5.38%, 05/01/26	USD		271		273,710
4.00%, 03/01/28			234		217,620
Spirit AeroSystems, Inc., 5.50%, 01/15/25(a)			181		181,000
TransDigm, Inc.(a)(g)
8.00%, 12/15/25			815		886,313
6.25%, 03/15/26			6,032		6,299,187
Triumph Group, Inc., 8.88%, 06/01/24(a)(g)			691		735,915
Wolverine Escrow LLC, 9.00%, 11/15/26(a)			913		753,225
					13,241,485
Air Freight & Logistics — 0.0%
XPO Logistics, Inc., 6.75%, 08/15/24(a)			18		19,066
Airlines — 1.2%
American Airlines Pass-Through Trust, 4.95%, 01/15/23(g)			1,727		1,480,822
American Airlines, Inc., 11.75%, 07/15/25(a)			945		911,925
Avianca Holdings SA, 9.00%, 05/10/23(a)(f)(h)			239		37,493
Gol Finance SA, 7.00%, 01/31/25(a)			200		139,404
Latam Finance Ltd., 6.88%, 04/11/24(a)(f)(h)			203		75,173
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 06/20/27(a)			2,016		2,099,160
United Airlines Pass-Through Trust, Series 2015-1, Class A, 3.70%, 12/01/22(g)			2,430		2,276,303
					7,020,280
Auto Components — 0.9%
Aptiv PLC, 4.40%, 10/01/46			240		235,002
Clarios Global LP, 6.75%, 05/15/25(a)			540		568,350
Clarios Global LP/Clarios US Finance Co.
4.38%, 05/15/26	EUR		100		117,392
6.25%, 05/15/26(a)(g)	USD		1,526		1,600,087
8.50%, 05/15/27(a)(g)			1,825		1,884,312
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28(a)			258		263,160
Faurecia SE, 3.75%, 06/15/28	EUR		100		116,538
ZF Finance GmbH
3.00%, 09/21/25			100		114,017
3.75%, 09/21/28			100		113,435
					5,012,293
Automobiles — 1.8%
Allison Transmission, Inc.(a)
5.00%, 10/01/24	USD		100		101,006
5.88%, 06/01/29(g)			451		487,757
Asbury Automotive Group, Inc.(a)
4.50%, 03/01/28			129		129,806
4.75%, 03/01/30			124		124,930
FCE Bank PLC, 1.62%, 05/11/23	EUR		100		112,848
Ford Motor Co.
8.50%, 04/21/23	USD		982		1,070,380
4.35%, 12/08/26			11		10,858
5.29%, 12/08/46			48		45,030
Ford Motor Credit Co. LLC
5.88%, 08/02/21(g)			522		531,788
2.98%, 08/03/22(g)			449		442,265

2

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Automobiles (continued)
Ford Motor Credit Co. LLC (continued)
3.35%, 11/01/22	USD		215	$	211,775
3.81%, 01/09/24(g)			629		622,710
4.06%, 11/01/24			200		199,750
5.13%, 06/16/25(g)			690		711,562
4.13%, 08/04/25(g)			411		407,061
4.39%, 01/08/26(g)			400		395,436
5.11%, 05/03/29(g)			526		539,150
General Motors Co.
6.13%, 10/01/25			254		295,061
6.80%, 10/01/27(g)			534		650,381
5.00%, 10/01/28			61		68,592
General Motors Financial Co., Inc.
4.38%, 09/25/21(g)			530		546,785
2.75%, 06/20/25			352		360,138
5.65%, 01/17/29			67		78,156
Group 1 Automotive, Inc., 4.00%, 08/15/28(a)			252		247,590
Ken Garff Automotive LLC, 4.88%, 09/15/28(a)			122		120,018
Navistar International Corp., 6.63%, 11/01/25(a)			362		370,145
Nissan Motor Co. Ltd., 4.81%, 09/17/30(a)			305		306,831
Penske Automotive Group, Inc.
3.50%, 09/01/25			243		242,010
5.50%, 05/15/26			32		33,011
Tesla, Inc., 5.30%, 08/15/25(a)(g)			422		436,770
Wabash National Corp., 5.50%, 10/01/25(a)			241		241,000
					10,140,600
Banks — 1.6%
Banca Monte dei Paschi di Siena SpA, 2.63%, 04/28/25	EUR		100		115,926
Banco de Sabadell SA, (5 year EUR Swap + 2.20%), 2.00%, 01/17/30(i)			100		101,579
Banco Espirito Santo SA(f)(h)
4.75%, 01/15/21			100		15,242
4.00%, 01/21/21			100		15,242
Bancolombia SA, (5 year CMT + 2.94%), 4.63%, 12/18/29(i)	USD		200		193,188
Banistmo SA, 3.65%, 09/19/22			200		202,500
Bank Tabungan Negara Persero Tbk PT, 4.20%, 01/23/25			200		198,813
Chong Hing Bank Ltd., (5 year CMT + 3.86%), 5.70%(i)(j)			250		248,748
CIT Group, Inc., 5.00%, 08/01/23			382		396,325
Commerzbank AG, (5 year EUR Swap + 4.35%), 4.00%, 12/05/30(i)	EUR		100		119,746
Emirates NBD Bank PJSC, (6 year USD Swap + 3.66%), 6.13%(i)(j)	USD		250		257,578
Grupo Aval Ltd., 4.38%, 02/04/30(a)			200		192,780
Intesa Sanpaolo SpA, 5.02%, 06/26/24(a)(g)			2,442		2,566,378
Itau Unibanco Holding SA, 5.13%, 05/13/23(a)			200		210,812
Santander Holdings USA, Inc., 4.50%, 07/17/25(g)			1,750		1,941,159
Santander UK Group Holdings PLC, 2.88%, 08/05/21(g)			950		969,106
Standard Chartered PLC, (3 mo. LIBOR US + 1.08%), 3.89%, 03/15/24(a)(g)(i)			1,500		1,580,999
Unione di Banche Italiane SpA, (5 year EUR Swap + 5.75%), 5.88%, 03/04/29(i)	EUR		100		129,532
					9,455,653

Security		Par (000)		Value
Banks: Diversified — 0.0%
Encompass Health Corp., 5.75%, 11/01/24	USD		46	$	46,069
Beverages — 1.4%
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.90%, 02/01/46(g)			800		986,423
ARD Finance SA, (6.50% Cash or 7.25% PIK), 6.50%, 06/30/27(a)(g)(k)			891		886,367
Ardagh Packaging Finance PLC/Ardagh Holdings USA Inc., 5.25%, 08/15/27(a)(g)			652		664,388
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.
5.25%, 04/30/25(a)			244		254,980
4.13%, 08/15/26(a)(g)			476		482,545
4.75%, 07/15/27	GBP		100		129,322
4.75%, 07/15/27(a)			100		129,322
Ball Corp.
4.88%, 03/15/26	USD		86		95,890
2.88%, 08/15/30(g)			386		381,657
Central American Bottling Corp.
5.75%, 01/31/27(a)			176		182,389
5.75%, 01/31/27			105		108,812
Crown Cork & Seal Co., Inc., 7.38%, 12/15/26			34		40,332
Mauser Packaging Solutions Holding Co., 5.50%, 04/15/24(a)(g)			794		796,811
OI European Group BV, 2.88%, 02/15/25	EUR		100		115,226
Silgan Holdings, Inc., 4.13%, 02/01/28	USD		228		233,130
Trivium Packaging Finance BV
3.75%, 08/15/26	EUR		100		115,758
5.50%, 08/15/26(a)(g)	USD		1,004		1,039,617
8.50%, 08/15/27(a)(g)			1,367		1,473,929
					8,116,898
Biotechnology — 0.0%
Emergent BioSolutions, Inc., 3.88%, 08/15/28(a)			76		76,299
Building Materials — 0.6%
Boise Cascade Co., 4.88%, 07/01/30(a)			136		146,200
CEMEX Finance LLC, 4.63%, 06/15/24	EUR		100		119,443
Cornerstone Building Brands, Inc., 6.13%, 01/15/29(a)	USD		219		221,823
Forterra Finance LLC/FRTA Finance Corp., 6.50%, 07/15/25(a)			351		370,849
Griffon Corp., 5.75%, 03/01/28			87		90,813
James Hardie International Finance DAC, 5.00%, 01/15/28(a)			200		208,500
Jeld-Wen, Inc.(a)
6.25%, 05/15/25			146		155,490
4.63%, 12/15/25			55		55,275
4.88%, 12/15/27			17		17,324
Masonite International Corp.(a)
5.75%, 09/15/26			86		89,655
5.38%, 02/01/28			120		127,972
Norbord, Inc., 6.25%, 04/15/23(a)			152		162,640
Standard Industries, Inc.
2.25%, 11/21/26	EUR		100		111,976
5.00%, 02/15/27(a)	USD		174		180,960
4.75%, 01/15/28(a)			46		47,725
4.38%, 07/15/30(a)(g)			479		491,102

S C H E D U L E  O F  I N V E S T M E N T  S 3

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Building Materials (continued)
Standard Industries, Inc. (continued)
3.38%, 01/15/31(a)(g)	USD		643	$	634,638
Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29(a)			235		244,694
					3,477,079
Building Products(a) — 0.2%
Advanced Drainage Systems, Inc., 5.00%, 09/30/27			262		273,790
Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26			329		334,757
SRS Distribution, Inc., 8.25%, 07/01/26(g)			466		497,455
					1,106,002
Capital Markets — 0.4%
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
6.25%, 02/01/22(g)			299		302,160
6.75%, 02/01/24			314		322,093
4.75%, 09/15/24			93		94,163
6.38%, 12/15/25			120		123,356
6.25%, 05/15/26			366		381,555
5.25%, 05/15/27(g)			489		509,440
Intercorp Peru Ltd., 3.88%, 08/15/29(a)			225		222,469
LHC3 PLC, (4.13% Cash or 4.88% PIK), 4.13%, 08/15/24(k)	EUR		100		117,831
Owl Rock Capital Corp., 5.25%, 04/15/24(g)	USD		88		91,301
					2,164,368
Chemicals — 1.8%
Atotech Alpha 2 BV, (8.75% Cash or 9.50% PIK), 8.75%, 06/01/23(a)(g)(k)			656		657,640
Atotech Alpha 3 BV/Alpha US Bidco, Inc., 6.25%, 02/01/25(a)(g)			1,830		1,855,162
Axalta Coating Systems LLC, 4.88%, 08/15/24(a)(g)			608		619,400
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27(a)			170		173,825
Blue Cube Spinco LLC
9.75%, 10/15/23			320		330,000
10.00%, 10/15/25(g)			380		401,850
Braskem Netherlands Finance BV, (5 year CMT + 8.22%), 8.50%, 01/23/81(a)(i)			278		279,824
Chemours Co.
6.63%, 05/15/23			259		262,107
7.00%, 05/15/25			20		20,250
Element Solutions, Inc., 3.88%, 09/01/28(a)			1,178		1,155,912
Equate Petrochemical BV, 4.25%, 11/03/26(a)			211		221,113
GCP Applied Technologies, Inc., 5.50%, 04/15/26(a)			165		168,300
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/28(a)			313		336,475
Minerals Technologies, Inc., 5.00%, 07/01/28(a)			169		174,880
Monitchem HoldCo 3 SA, 5.25%, 03/15/25	EUR		100		119,004
NOVA Chemicals Corp., 4.88%, 06/01/24(a)	USD		67		66,519
Orbia Advance Corp. SAB de CV, 5.50%, 01/15/48(a)			200		224,250
PQ Corp., 5.75%, 12/15/25(a)(g)			543		558,611
Valvoline Inc., 4.38%, 08/15/25			130		133,738
Valvoline, Inc., 4.25%, 02/15/30(a)			200		204,000
Vedanta Resources Finance II PLC, 9.25%, 04/23/26			282		211,500
WESCO Distribution, Inc.(a)(g)
7.13%, 06/15/25			676		736,367
7.25%, 06/15/28			616		674,936

Security		Par (000)		Value
Chemicals (continued)
WR Grace & Co-Conn(a)
5.63%, 10/01/24	USD		216	$	229,500
4.88%, 06/15/27			283		292,254
Yingde Gases Investment Ltd., 6.25%, 01/19/23			200		206,563
					10,313,980
Commercial Services & Supplies — 0.7%
ADT Security Corp.
4.13%, 06/15/23			9		9,414
4.88%, 07/15/32(a)(g)			575		580,750
APX Group, Inc.
7.88%, 12/01/22(g)			252		252,000
8.50%, 11/01/24			60		63,300
ASGN, Inc., 4.63%, 05/15/28(a)			109		109,449
Herc Holdings, Inc., 5.50%, 07/15/27(a)			383		396,271
Intertrust Group BV, 3.38%, 11/15/25	EUR		100		119,283
Prime Security Services Borrower LLC/Prime Finance, Inc.(a)
5.25%, 04/15/24	USD		141		147,697
5.75%, 04/15/26(g)			320		342,202
3.38%, 08/31/27			386		370,269
Ritchie Bros Auctioneers, Inc., 5.38%, 01/15/25(a)			187		192,610
United Rentals North America, Inc.
4.63%, 10/15/25			269		275,052
5.88%, 09/15/26			17		17,914
5.50%, 05/15/27			339		359,764
3.88%, 11/15/27			200		206,000
5.25%, 01/15/30			161		175,691
4.00%, 07/15/30			152		155,800
					3,773,466
Communications Equipment(a) — 0.4%
Avaya, Inc., 6.13%, 09/15/28			574		585,251
CommScope Technologies LLC, 6.00%, 06/15/25			388		393,257
CommScope, Inc.
5.50%, 03/01/24(g)			749		769,650
6.00%, 03/01/26			358		373,215
8.25%, 03/01/27			39		40,560
					2,161,933
Construction & Engineering — 0.3%
Delhi International Airport Ltd., 6.45%, 06/04/29			200		199,062
Ferrovial Netherlands BV, (5 year EUR Swap + 2.13%), 2.12%(i)(j)	EUR		100		109,934
frontdoor, Inc., 6.75%, 08/15/26(a)(g)	USD		473		503,745
KBR, Inc., 4.75%, 09/30/28(a)			186		187,163
ServiceMaster Co. LLC, 5.13%, 11/15/24(a)(g)			598		611,455
SPIE SA, 2.63%, 06/18/26	EUR		100		116,073
					1,727,432
Construction Materials(a) — 1.2%
American Builders & Contractors Supply Co., Inc.
5.88%, 05/15/26	USD		412		427,450
4.00%, 01/15/28			581		590,441
Core & Main LP, 6.13%, 08/15/25(g)			1,743		1,765,528
HD Supply, Inc., 5.38%, 10/15/26(g)			1,956		2,046,054
IAA, Inc., 5.50%, 06/15/27			372		387,345
KAR Auction Services, Inc., 5.13%, 06/01/25			380		379,993
Picasso Finance Sub, Inc., 6.13%, 06/15/25(g)			499		537,493
Williams Scotsman International, Inc., 4.63%, 08/15/28			243		243,982

4

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Construction Materials (continued)
Winnebago Industries, Inc., 6.25%, 07/15/28	USD		137	$	144,535
Wolverine Escrow LLC, 8.50%, 11/15/24			256		209,920
					6,732,741
Consumer Discretionary — 0.2%
Carnival Corp.
11.50%, 04/01/23(a)			281		314,901
10.13%, 02/01/26	EUR		100		124,472
Nielsen Finance LLC/Nielsen Finance Co.(a)
5.63%, 10/01/28	USD		479		495,430
5.88%, 10/01/30			271		280,485
					1,215,288
Consumer Finance — 1.7%
Equifax, Inc., 2.60%, 12/15/25			59		62,990
Husky III Holding Ltd., (13.00% Cash or 13.00% PIK), 13.00%, 02/15/25(a)(k)			524		542,340
MPH Acquisition Holdings LLC, 7.13%, 06/01/24(a)(g)			714		733,528
Muthoot Finance Ltd.
6.13%, 10/31/22(a)			427		433,538
4.40%, 09/02/23			200		195,062
Navient Corp.
5.00%, 10/26/20			310		310,000
7.25%, 09/25/23			129		133,192
6.13%, 03/25/24			86		86,645
5.88%, 10/25/24			82		81,539
5.00%, 03/15/27			258		242,270
OneMain Finance Corp.
6.13%, 05/15/22			70		72,625
6.88%, 03/15/25			226		250,787
7.13%, 03/15/26			374		417,833
6.63%, 01/15/28			221		245,266
5.38%, 11/15/29			78		81,120
PayPal Holdings, Inc., 1.65%, 06/01/25			162		167,786
Refinitiv US Holdings, Inc.(a)
4.50%, 05/15/26	EUR		400		490,150
6.25%, 05/15/26(g)	USD		1,444		1,545,080
8.25%, 11/15/26(g)			972		1,064,340
Sabre GLBL, Inc.(a)
5.25%, 11/15/23			43		42,032
7.38%, 09/01/25			252		254,520
Verscend Escrow Corp., 9.75%, 08/15/26(a)(g)			1,758		1,911,456
WEX, Inc., 4.75%, 02/01/23(a)			203		203,254
					9,567,353
Containers & Packaging — 0.4%
Celulosa Arauco y Constitucion SA, 4.20%, 01/29/30			200		211,500
Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26			196		202,860
Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26(g)			523		542,612
Graham Packaging Co., Inc., 7.13%, 08/15/28(a)			60		62,475
Graphic Packaging International LLC(a)
4.75%, 07/15/27			89		96,343
3.50%, 03/15/28			118		117,705
3.50%, 03/01/29			109		109,681
Intelligent Packaging Ltd. Finco Inc./Intelligent Packaging Ltd. Co-Issuer LLC, 6.00%, 09/15/28(a)			132		133,855
Intertape Polymer Group, Inc., 7.00%, 10/15/26(a)			201		211,050
LABL Escrow Issuer LLC, 6.75%, 07/15/26(a)			380		400,900
Sealed Air Corp.(a) 5.13%, 12/01/24			46		49,824

Security		Par (000)		Value
Containers & Packaging (continued)
Sealed Air Corp.(a) (continued)
6.88%, 07/15/33	USD		44	$	56,430
Suzano Austria GmbH, 3.75%, 01/15/31			105		104,895
					2,300,130
Diversified Consumer Services — 0.9%
Allied Universal Holdco LLC/Allied Universal Finance Corp.(a)(g)
6.63%, 07/15/26			1,998		2,127,870
9.75%, 07/15/27			550		597,586
Ascend Learning LLC(a)
6.88%, 08/01/25(g)			690		702,220
6.88%, 08/01/25			317		326,050
Garda World Security Corp.(a)
4.63%, 02/15/27			267		268,335
9.50%, 11/01/27(g)			136		142,800
Graham Holdings Co., 5.75%, 06/01/26(a)			211		222,077
Laureate Education, Inc., 8.25%, 05/01/25(a)			114		120,840
Service Corp. International
5.13%, 06/01/29			238		263,735
3.38%, 08/15/30(g)			263		263,329
					5,034,842
Diversified Financial Services — 1.9%
Ally Financial, Inc., 8.00%, 11/01/31(g)			1,543		2,112,559
Arrow Global Finance PLC, 5.13%, 09/15/24	GBP		100		121,729
Barclays PLC(g)
3.65%, 03/16/25	USD		3,600		3,882,900
5.20%, 05/12/26			200		221,750
Citigroup, Inc., Series V, (Secured Overnight Financing Rate + 3.23%), 4.70%(g)(i)(j)			620		599,075
Garfunkelux Holdco 3 SA, 7.50%, 08/01/22	EUR		100		108,100
Global Aircraft Leasing Co. Ltd., (6.50% Cash or 7.25% PIK), 6.50%, 09/15/24(a)(k)	USD		215		114,322
Goldman Sachs Group, Inc., Series R, (5 year CMT + 3.22%), 4.95%(g)(i)(j)			730		730,219
HSBC Holdings PLC, 4.38%, 11/23/26(g)			395		435,678
Intrum AB, 3.00%, 09/15/27	EUR		100		101,857
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(a)
5.25%, 03/15/22	USD		23		22,547
4.25%, 02/01/27(g)			315		272,475
Lloyds Banking Group PLC, (5 year CMT + 4.82%), 6.75%(g)(i)(j)			450		469,688
Manappuram Finance Ltd., 5.90%, 01/13/23			200		195,625
Morgan Stanley, 4.00%, 07/23/25(g)			965		1,090,691
Operadora de Servicios Mega SA de CV Sofom ER, 8.25%, 02/11/25(a)			300		274,688
Spectrum Brands, Inc.(a)
5.00%, 10/01/29			178		184,675
5.50%, 07/15/30			154		162,470
					11,101,048
Diversified Telecommunication Services — 2.2%
Axtel SAB de CV, 6.38%, 11/14/24(a)			200		207,750
CenturyLink, Inc.(g)
5.13%, 12/15/26(a)			1,047		1,075,677
4.00%, 02/15/27(a)			434		440,905
Series P, 7.60%, 09/15/39			322		363,821
Series U, 7.65%, 03/15/42			391		436,942
Series W, 6.75%, 12/01/23			512		561,280
Series Y, 7.50%, 04/01/24			516		577,714

S C H E D U L E  O F  I N V E S T M E N T  S 5

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Diversified Telecommunication Services (continued)
Cincinnati Bell, Inc.(a)
7.00%, 07/15/24	USD		144	$	148,232
8.00%, 10/15/25			67		70,769
Consolidated Communications, Inc., 6.50%, 10/01/28(a)(l)			202		206,040
Frontier Communications Corp.(a)
8.50%, 04/01/26			202		203,616
8.00%, 04/01/27			1,488		1,482,859
Intelsat Jackson Holdings SA, 8.00%, 02/15/24(a)(g)			476		483,140
Level 3 Financing, Inc.
5.38%, 05/01/25			90		92,791
5.25%, 03/15/26(g)			865		896,097
4.63%, 09/15/27(a)			143		146,932
4.25%, 07/01/28(a)(g)			820		832,562
3.63%, 01/15/29(a)			432		426,600
Oi SA, (10% Cash or 8.00% Cash + 4.00% PIK), 10.00%, 07/27/25(k)			220		211,372
SoftBank Group Corp.
4.50%, 04/20/25	EUR		100		122,908
4.75%, 07/30/25			100		124,866
5.00%, 04/15/28			100		124,059
Sprint Capital Corp.
6.88%, 11/15/28(g)	USD		805		1,006,250
8.75%, 03/15/32			243		355,706
Switch Ltd., 3.75%, 09/15/28(a)			316		319,160
Telecom Italia Capital SA
6.38%, 11/15/33			222		264,180
6.00%, 09/30/34			432		501,120
7.20%, 07/18/36			98		123,598
7.72%, 06/04/38			173		230,090
Telecom Italia SpA
4.00%, 04/11/24	EUR		150		186,420
5.30%, 05/30/24(a)(g)	USD		400		433,000
Verizon Communications, Inc., 3.38%, 02/15/25(g)			156		173,872
					12,830,328
Electric Utilities — 0.6%
Black Hills Corp., 3.15%, 01/15/27(g)			305		327,125
Empresas Publicas de Medellin ESP, 4.25%, 07/18/29(a)			275		274,615
Enel Finance International NV, 3.63%, 05/25/27(a)(g)			900		1,000,770
Energuate Trust, 5.88%, 05/03/27(a)			200		207,687
Exelon Corp., 3.40%, 04/15/26(g)			140		156,753
NextEra Energy Operating Partners LP(a)
4.25%, 07/15/24(g)			528		550,546
4.25%, 09/15/24			101		105,293
4.50%, 09/15/27			39		41,633
PG&E Corp., 5.25%, 07/01/30			339		327,982
Pike Corp., 5.50%, 09/01/28(a)			250		251,547
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc., 11.50%, 10/01/20(c)(f)			300		—
					3,243,951
Electrical Equipment — 0.1%
Gates Global LLC/Gates Global Co., 6.25%, 01/15/26(a)			316		325,730
Electronic Equipment, Instruments & Components — 0.4%
BWX Technologies, Inc.(a)
5.38%, 07/15/26			209		217,099
4.13%, 06/30/28			251		256,647
CDW LLC/CDW Finance Corp.
5.50%, 12/01/24(g)			462		504,157

Security		Par (000)		Value
Electronic Equipment, Instruments & Components (continued)
CDW LLC/CDW Finance Corp. (continued)
4.13%, 05/01/25	USD		221	$	228,183
3.25%, 02/15/29(g)			397		395,511
Energizer Holdings, Inc.(a)
6.38%, 07/15/26			90		96,768
7.75%, 01/15/27(g)			121		132,193
4.75%, 06/15/28			318		329,098
4.38%, 03/31/29			19		19,190
Itron, Inc., 5.00%, 01/15/26(a)			25		25,625
Xerox Corp., 4.80%, 03/01/35			203		193,865
					2,398,336
Energy Equipment & Services — 0.2%
Archrock Partners LP/Archrock Partners Finance Corp.(a)
6.88%, 04/01/27			147		140,808
6.25%, 04/01/28			28		26,390
ChampionX Corp., 6.38%, 05/01/26			239		228,290
Halliburton Co., 3.80%, 11/15/25(g)			7		7,606
Odebrecht Oil & Gas Finance Ltd., 0.00%(a)(j)(m)			43		43
Pioneer Energy Services Corp.(a)(c)(k)
(11.00% PIK), 11.00%, 05/15/25			113		90,588
(5.00% PIK), 5.00%, 11/15/25			76		41,074
USA Compression Partners LP/USA Compression Finance Corp.
6.88%, 04/01/26			336		333,060
6.88%, 09/01/27(g)			503		498,785
					1,366,644
Environmental, Maintenance, & Security Service — 0.6%
Advanced Disposal Services, Inc., 5.63%, 11/15/24(a)			147		151,594
Clean Harbors, Inc.(a)(g)
4.88%, 07/15/27			250		259,375
5.13%, 07/15/29			172		186,598
Covanta Holding Corp., 5.00%, 09/01/30			91		91,846
GFL Environmental, Inc.(a)
4.25%, 06/01/25			86		86,860
3.75%, 08/01/25			266		267,470
7.00%, 06/01/26(g)			566		596,677
5.13%, 12/15/26(g)			592		611,299
8.50%, 05/01/27			233		252,805
Tervita Corp., 7.63%, 12/01/21(a)			343		312,988
Waste Pro USA, Inc., 5.50%, 02/15/26(a)(g)			471		476,647
					3,294,159
Equity Real Estate Investment Trusts (REITs) — 2.3%
AvalonBay Communities, Inc., 3.45%, 06/01/25(g)			1,245		1,379,544
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL, 5.75%, 05/15/26(a)			141		111,118
ERP Operating LP, 3.38%, 06/01/25(g)			1,015		1,123,375
Fortune Star BVI Ltd.
6.88%, 01/31/21			200		201,500
5.95%, 01/29/23			200		202,687
6.75%, 07/02/23			250		257,812
Hilton Domestic Operating Co. Inc., 5.75%, 05/01/28(a)			99		104,321
Hilton Domestic Operating Co., Inc.
4.25%, 09/01/24			337		335,315
5.38%, 05/01/25(a)			145		151,424
5.13%, 05/01/26(g)			697		717,401
4.88%, 01/15/30(g)			1,077		1,109,310

6

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Equity Real Estate Investment Trusts (REITs) (continued)
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.63%, 04/01/25	USD		30	$	30,300
Iron Mountain, Inc.(a)
4.88%, 09/15/29			32		32,560
5.25%, 07/15/30(g)			654		681,795
4.50%, 02/15/31			89		89,837
5.63%, 07/15/32(g)			469		495,264
LMIRT Capital Pte Ltd., 7.25%, 06/19/24			229		208,819
Marriott International, Inc., Series EE, 5.75%, 05/01/25			178		198,652
Marriott Ownership Resorts, Inc./ILG LLC, 6.50%, 09/15/26			40		41,069
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc.
5.63%, 05/01/24(g)			1,334		1,414,414
4.50%, 09/01/26(g)			637		646,246
5.75%, 02/01/27			27		29,093
4.50%, 01/15/28			432		440,100
MPT Operating Partnership LP/MPT Finance Corp.(g)
5.00%, 10/15/27			1,045		1,089,621
4.63%, 08/01/29			456		474,454
RHP Hotel Properties LP/RHP Finance Corp., 4.75%, 10/15/27(g)			542		499,681
Starwood Property Trust, Inc., 5.00%, 12/15/21			234		231,660
Trust Fibra Uno, 6.95%, 01/30/44			200		212,875
Ventas Realty LP, 4.13%, 01/15/26(g)			650		730,355
Wyndham Hotels & Resorts, Inc., 4.38%, 08/15/28(a)			187		181,390
					13,421,992
Food & Staples Retailing — 1.6%
Albertsons Cos., Inc.
5.75%, 03/15/25			56		57,767
7.50%, 03/15/26(a)(g)			107		117,383
5.88%, 02/15/28(a)			320		341,600
4.88%, 02/15/30(a)			246		256,455
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC, 4.63%, 01/15/27(a)(g)			731		747,952
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertson’s LLC, 3.25%, 03/15/26(a)			582		577,530
BRF GmbH, 4.35%, 09/29/26			200		206,812
Cydsa SAB de CV, 6.25%, 10/04/27(a)			252		253,969
Grupo KUO SAB de CV, 5.75%, 07/07/27(a)			200		193,125
Health & Happiness H&H International Holdings Ltd., 5.63%, 10/24/24			200		206,437
Kraft Heinz Foods Co.
3.88%, 05/15/27(a)			57		60,375
4.25%, 03/01/31(a)(g)			709		777,880
5.00%, 07/15/35			127		146,240
6.88%, 01/26/39			233		312,094
4.63%, 10/01/39(a)			77		81,747
6.50%, 02/09/40			155		196,992
5.00%, 06/04/42			129		141,271
5.20%, 07/15/45			351		383,725
4.38%, 06/01/46			377		387,340
4.88%, 10/01/49(a)(g)			1,029		1,085,922
5.50%, 06/01/50(a)(g)			1,280		1,466,951
Lamb Weston Holdings, Inc., 4.88%, 05/15/28(a)(g)			313		338,040
Post Holdings, Inc.(a)
5.75%, 03/01/27			253		265,966

Security		Par (000)		Value
Food & Staples Retailing (continued)
Post Holdings, Inc.(a) (continued)
5.63%, 01/15/28	USD		73	$	77,460
5.50%, 12/15/29			230		246,100
4.63%, 04/15/30(g)			391		402,241
					9,329,374
Food Products(a) — 0.9%
Aramark Services, Inc.
5.00%, 04/01/25(g)			623		631,971
6.38%, 05/01/25			243		253,127
5.00%, 02/01/28(g)			658		662,935
Chobani LLC/Chobani Finance Corp., Inc., 7.50%, 04/15/25(g)			416		430,049
Darling Ingredients, Inc., 5.25%, 04/15/27			254		266,700
Grupo Bimbo SAB de CV, (5 year CMT + 3.28%), 5.95%(i)(j)			200		209,281
JBS USA LUX SA/JBS USA Finance, Inc.
5.88%, 07/15/24			206		210,058
5.75%, 06/15/25(g)			1,006		1,034,721
6.75%, 02/15/28			361		391,685
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 6.50%, 04/15/29(g)			553		613,814
MHP Lux SA, 6.25%, 09/19/29			200		190,000
Minerva Luxembourg SA, 6.50%, 09/20/26			200		207,750
Simmons Foods, Inc., 7.75%, 01/15/24			270		282,825
					5,384,916
Health Care Equipment & Supplies(a) — 0.9%
Avantor Funding, Inc., 4.63%, 07/15/28(g)			959		994,962
Avantor, Inc., 6.00%, 10/01/24(g)			1,767		1,846,515
Hologic, Inc.
4.38%, 10/15/25			57		58,283
4.63%, 02/01/28			206		216,378
3.25%, 02/15/29			135		135,844
Ortho-Clinical Diagnostics Inc./Ortho-Clinical Diagnostics SA(g)
7.38%, 06/01/25			589		597,835
7.25%, 02/01/28			1,177		1,224,080
					5,073,897
Health Care Providers & Services — 3.7%
Acadia Healthcare Co, Inc., 5.50%, 07/01/28(a)			204		209,817
Acadia Healthcare Co., Inc.
5.63%, 02/15/23			33		33,206
5.00%, 04/15/29(a)(l)			120		121,050
AdaptHealth LLC, 6.13%, 08/01/28(a)			147		152,174
AHP Health Partners, Inc., 9.75%, 07/15/26(a)			227		243,458
Centene Corp.
5.25%, 04/01/25(a)(g)			310		322,168
5.38%, 06/01/26(a)(g)			336		354,060
5.38%, 08/15/26(a)			343		363,297
4.25%, 12/15/27(g)			517		541,004
4.63%, 12/15/29(g)			1,535		1,655,743
3.38%, 02/15/30(g)			76		78,850
3.00%, 10/15/30(l)			258		263,212
CHS/Community Health Systems, Inc.(a)
8.63%, 01/15/24(g)			680		676,600
6.63%, 02/15/25			255		246,713
8.00%, 03/15/26(g)			1,123		1,103,909
Encompasss Health Corp. , 4.63%, 04/01/31			102		102,000

S C H E D U L E  O F  I N V E S T M E N T  S 7

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Health Care Providers & Services (continued)
HCA, Inc.
5.38%, 02/01/25(g)	USD		490	$	536,550
5.88%, 02/15/26			46		51,520
5.38%, 09/01/26(g)			430		475,150
5.63%, 09/01/28(g)			692		791,613
5.88%, 02/01/29(g)			547		637,255
3.50%, 09/01/30(g)			1,233		1,256,279
5.50%, 06/15/47(g)			650		804,674
LifePoint Health, Inc.(a)
6.75%, 04/15/25			190		199,975
4.38%, 02/15/27			217		217,271
Molina Healthcare, Inc.
5.38%, 11/15/22			172		179,740
4.88%, 06/15/25(a)			68		69,360
4.38%, 06/15/28(a)			258		263,289
Phoenix PIB Dutch Finance BV, 2.38%, 08/05/25	EUR		100		118,103
Polaris Intermediate Corp., (8.50% Cash or 9.25% PIK), 8.50%, 12/01/22(a)(g)(k)	USD		432		440,138
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health Inc., 9.75%, 12/01/26(a)			33		35,063
Surgery Center Holdings, Inc.(a)
6.75%, 07/01/25(g)			611		607,945
10.00%, 04/15/27			336		357,840
Teleflex, Inc.
4.88%, 06/01/26			87		89,828
4.63%, 11/15/27			58		61,045
4.25%, 06/01/28(a)			413		427,455
Tenet Healthcare Corp.
8.13%, 04/01/22(g)			615		683,818
4.63%, 07/15/24(g)			514		516,570
4.63%, 09/01/24(a)(g)			367		369,980
7.50%, 04/01/25(a)			181		194,575
4.88%, 01/01/26(a)(g)			1,534		1,561,857
6.25%, 02/01/27(a)(g)			169		174,443
5.13%, 11/01/27(a)(g)			959		985,085
4.63%, 06/15/28(a)			143		145,059
6.13%, 10/01/28(a)(g)			430		418,175
UnitedHealth Group, Inc., 3.75%, 07/15/25(g)			1,470		1,677,816
Vizient, Inc., 6.25%, 05/15/27(a)			407		426,333
					21,241,065
Health Care Technology — 0.1%
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25(a)(g)			791		802,311
Hotels, Restaurants & Leisure — 4.2%
1011778 BC ULC/New Red Finance, Inc.(a)
4.25%, 05/15/24			10		10,185
5.75%, 04/15/25			236		251,930
5.00%, 10/15/25(g)			1,384		1,419,098
3.88%, 01/15/28			423		430,952
4.38%, 01/15/28			302		307,980
4.00%, 10/15/30(l)			63		63,486
Boyd Gaming Corp.
8.63%, 06/01/25(a)			97		106,339
6.38%, 04/01/26			146		152,014
6.00%, 08/15/26			112		115,500
4.75%, 12/01/27			179		175,644
Boyne USA, Inc., 7.25%, 05/01/25(a)			254		266,700
Caesars Entertainment, Inc.(a)(g)
6.25%, 07/01/25			1,466		1,532,329

Security		Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Caesars Entertainment, Inc.(a)(g) (continued)
8.13%, 07/01/27	USD		876	$	928,560
Caesars Resort Collection LLC/CRC Finco, Inc., 5.75%, 07/01/25(a)(g)			478		492,937
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op, 5.50%, 05/01/25(a)(g)			504		519,120
Churchill Downs, Inc.(a)
5.50%, 04/01/27(g)			899		938,376
4.75%, 01/15/28			358		359,790
Cirsa Finance International Sarl, 4.75%, 05/22/25	EUR		100		101,182
GLP Capital LP/GLP Financing II, Inc.
5.25%, 06/01/25(g)	USD		333		361,578
5.38%, 04/15/26			174		192,844
Golden Nugget, Inc., 6.75%, 10/15/24(a)(g)			1,462		1,220,770
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(a)
5.00%, 06/01/24			35		35,886
5.25%, 06/01/26(g)			368		382,352
Las Vegas Sands Corp.
2.90%, 06/25/25			52		51,934
3.50%, 08/18/26			47		47,628
3.90%, 08/08/29			43		42,992
McDonald’s Corp., 3.70%, 01/30/26(g)			405		461,302
Melco Resorts Finance Ltd., 5.25%, 04/26/26			250		252,500
MGM China Holdings Ltd., 5.88%, 05/15/26			250		258,750
MGM Resorts International
7.75%, 03/15/22(g)			575		606,079
6.00%, 03/15/23			416		431,560
5.75%, 06/15/25			29		30,415
Powdr Corp., 6.00%, 08/01/25(a)			179		183,028
Scientific Games International, Inc.
8.63%, 07/01/25(a)			203		211,825
5.00%, 10/15/25(a)(g)			867		871,335
3.38%, 02/15/26	EUR		100		111,383
8.25%, 03/15/26(a)(g)	USD		495		516,825
7.00%, 05/15/28(a)			174		174,426
7.25%, 11/15/29(a)			51		51,765
Six Flags Theme Parks, Inc., 7.00%, 07/01/25(a)(g)			753		801,004
Spirit Issuer PLC, Series A5, 5.47%, 12/28/34	GBP		4,500		6,067,562
Stonegate Pub Co. Financing 2019 PLC, 8.25%, 07/31/25			100		119,350
Studio City Finance Ltd., 7.25%, 02/11/24	USD		250		257,762
Vail Resorts, Inc., 6.25%, 05/15/25(a)			154		163,433
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/27(a)			192		178,560
Wynn Macau Ltd., 5.50%, 10/01/27			200		195,500
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(a)
7.75%, 04/15/25			239		253,121
5.13%, 10/01/29			446		424,815
Yum! Brands, Inc.
7.75%, 04/01/25(a)(g)			426		472,455
4.75%, 01/15/30(a)(g)			472		509,760
3.63%, 03/15/31			130		130,000
5.35%, 11/01/43			71		74,905
					24,317,526

8

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Household Durables — 0.8%
Brookfield Residential Properties, Inc./Brookfield Residential U.S. Corp.(a)
6.25%, 09/15/27	USD		217	$	218,828
4.88%, 02/15/30			340		318,243
CD&R Smokey Buyer, Inc., 6.75%, 07/15/25(a)			232		244,760
Controladora Mabe SA de CV, 5.60%, 10/23/28(a)			200		223,540
K Hovnanian Enterprises, Inc., 7.75%, 02/15/26(a)			307		310,070
Lennar Corp.
8.38%, 01/15/21			134		136,345
4.88%, 12/15/23			122		131,302
4.75%, 05/30/25(g)			313		341,603
5.25%, 06/01/26			28		31,430
4.75%, 11/29/27(g)			427		487,527
Mattamy Group Corp., 4.63%, 03/01/30(a)			233		235,936
MDC Holdings, Inc., 6.00%, 01/15/43			122		147,620
Meritage Homes Corp., 5.13%, 06/06/27			50		55,375
NCR Corp.(a)
5.75%, 09/01/27			220		230,008
5.00%, 10/01/28			110		110,088
6.13%, 09/01/29			92		97,421
5.25%, 10/01/30			111		111,000
PulteGroup, Inc.
5.00%, 01/15/27			24		27,150
7.88%, 06/15/32			21		28,875
6.38%, 05/15/33(g)			469		589,767
Taylor Morrison Communities, Inc.(a)
5.88%, 06/15/27			264		290,400
5.13%, 08/01/30			149		158,685
Tempur Sealy International, Inc., 5.50%, 06/15/26			180		186,831
Toll Brothers Finance Corp., 4.35%, 02/15/28			12		13,020
TRI Pointe Group, Inc., 5.25%, 06/01/27			15		16,013
TRI Pointe Group, Inc./TRI Pointe Homes, Inc., 5.88%, 06/15/24			11		11,880
					4,753,717
Household Products — 0.0%
ACCO Brands Corp., 5.25%, 12/15/24(a)			85		87,019
Berkline Benchcraft LLC, 4.50%, 06/01/20(c)(f)(h)			200		—
					87,019
Independent Power and Renewable Electricity Producers — 1.4%
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energ, 6.25%, 12/10/24			200		214,500
Azure Power Solar Energy Pvt Ltd., 5.65%, 12/24/24			200		208,313
Calpine Corp.(a)
5.25%, 06/01/26(g)			718		745,916
4.50%, 02/15/28(g)			581		595,025
5.13%, 03/15/28(g)			1,354		1,401,390
4.63%, 02/01/29			542		540,984
5.00%, 02/01/31			555		565,711
Clearway Energy Operating LLC
5.75%, 10/15/25			214		224,700
4.75%, 03/15/28(a)(g)			453		467,722
ENN Clean Energy International Investment Ltd., 7.50%, 02/27/21			200		202,000
Greenko Dutch BV, 5.25%, 07/24/24			200		203,438
Greenko Mauritius Ltd., 6.25%, 02/21/23			200		204,500
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26			200		207,000
NRG Energy, Inc.
6.63%, 01/15/27(g)			898		949,635

Security		Par (000)		Value
Independent Power and Renewable Electricity Producers (continued)
NRG Energy, Inc. (continued)
5.75%, 01/15/28	USD		63	$	67,961
5.25%, 06/15/29(a)(g)			306		332,775
ReNew Power Synthetic, 6.67%, 03/12/24			200		206,250
TerraForm Power Operating LLC(a)
4.25%, 01/31/23			184		188,578
5.00%, 01/31/28			96		105,089
4.75%, 01/15/30			245		259,087
					7,890,574
Insurance — 1.5%
Acrisure LLC/Acrisure Finance, Inc., 8.13%, 02/15/24(a)			84		87,990
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, 6.75%, 10/15/27(a)(g)			1,289		1,352,316
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25(g)			360		389,772
AmWINS Group, Inc., 7.75%, 07/01/26(a)			297		317,790
Aon PLC, 3.88%, 12/15/25(g)			1,115		1,278,150
Asahi Mutual Life Insurance Co., (5 year USD Swap + 4.59%), 6.50%(i)(j)			306		328,185
Assicurazioni Generali SpA, (3 mo. Euribor + 5.35%), 5.50%, 10/27/47(i)	EUR		100		137,616
Global Atlantic Fin Co., 8.63%, 04/15/21(a)(g)	USD		750		774,137
GTCR AP Finance, Inc., 8.00%, 05/15/27(a)			355		374,525
HUB International Ltd., 7.00%, 05/01/26(a)(g)			1,418		1,469,402
Lincoln National Corp., 3.35%, 03/09/25(g)			845		924,514
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, (3 mo. Euribor + 3.50%), 6.00%, 05/26/41(i)	EUR		400		484,918
Nationwide Building Society, (5 year USD ICE Swap + 1.85%), 4.13%, 10/18/32(a)(g)(i)	USD		595		633,695
Unipol Gruppo SpA, 3.25%, 09/23/30	EUR		100		118,462
					8,671,472
Interactive Media & Services — 0.6%
21Vianet Group, Inc., 7.88%, 10/15/21	USD		200		204,250
Cablevision Lightpath LLC(a)
3.88%, 09/15/27			200		200,000
5.63%, 09/15/28			200		202,940
Netflix, Inc.
3.63%, 06/15/25(a)			96		100,284
4.88%, 04/15/28			109		121,807
5.88%, 11/15/28(g)			730		871,040
5.38%, 11/15/29(a)(g)			793		934,669
3.63%, 06/15/30	EUR		100		126,918
4.88%, 06/15/30(a)(g)	USD		536		611,040
Twitter, Inc., 3.88%, 12/15/27(a)			129		132,547
United Group BV, 3.63%, 02/15/28	EUR		100		110,023
					3,615,518
Internet Software & Services(a) — 0.8%
Expedia Group, Inc.
3.60%, 12/15/23	USD		325		332,056
6.25%, 05/01/25(g)			1,067		1,176,804
Go Daddy Operating Co. LLC/GD Finance Co., Inc., 5.25%, 12/01/27			303		315,293
Match Group Holdings II LLC
4.63%, 06/01/28			186		191,580
5.63%, 02/15/29			177		190,717
4.13%, 08/01/30			230		232,659

S C H E D U L E  O F  I N V E S T M E N T  S 9

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Internet Software & Services (continued)
TripAdvisor, Inc., 7.00%, 07/15/25	USD		44	$	45,870
Uber Technologies, Inc.
7.50%, 11/01/23(g)			280		291,676
7.50%, 05/15/25(g)			724		771,487
8.00%, 11/01/26(g)			129		137,487
7.50%, 09/15/27(g)			344		368,080
6.25%, 01/15/28			318		326,650
					4,380,359
IT Services(a) — 1.3%
Banff Merger Sub, Inc., 9.75%, 09/01/26(g)			1,511		1,597,278
Booz Allen Hamilton, Inc., 3.88%, 09/01/28(g)			419		430,124
BY Crown Parent LLC/BY Bond Finance, Inc., 4.25%, 01/31/26(g)			731		744,249
Camelot Finance SA, 4.50%, 11/01/26(g)			679		692,580
Castle U.S. Holding Corp., 9.50%, 02/15/28			534		509,303
Dun & Bradstreet Corp.(g)
6.88%, 08/15/26			995		1,068,680
10.25%, 02/15/27			297		335,610
Fair Isaac Corp., 4.00%, 06/15/28			169		174,281
Presidio Holdings, Inc., 4.88%, 02/01/27			278		280,780
Rackspace Technology Global, Inc., 8.63%, 11/15/24(g)			262		274,366
Science Applications International Corp., 4.88%, 04/01/28			254		257,884
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 6.75%, 06/01/25(g)			934		953,250
					7,318,385
Leisure Products — 0.2%
Mattel, Inc.
6.75%, 12/31/25(a)(g)			654		689,970
5.88%, 12/15/27(a)			293		315,341
6.20%, 10/01/40			24		23,255
5.45%, 11/01/41			116		108,473
					1,137,039
Machinery — 0.6%
Colfax Corp.(a)
6.00%, 02/15/24(g)			432		447,660
6.38%, 02/15/26			170		180,200
Mueller Water Products, Inc., 5.50%, 06/15/26(a)			336		346,920
RBS Global, Inc./Rexnord LLC, 4.88%, 12/15/25(a)			353		357,854
Stevens Holding Co., Inc., 6.13%, 10/01/26(a)			167		178,690
Terex Corp., 5.63%, 02/01/25(a)(g)			324		324,810
Titan Acquisition Ltd/Titan Co-Borrower LLC, 7.75%, 04/15/26(a)(g)			659		655,705
Vertical Holdco GmbH, 7.63%, 07/15/28(a)			200		211,375
Vertical Midco GmbH, 4.38%, 07/15/27	EUR		100		119,062
Vertical US Newco, Inc., 5.25%, 07/15/27(a)	USD		394		409,470
					3,231,746
Media — 8.8%
Altice Financing SA
7.50%, 05/15/26(a)(g)			1,143		1,209,900
3.00%, 01/15/28	EUR		100		108,665
5.00%, 01/15/28(a)	USD		378		367,132
Altice France Holding SA
8.00%, 05/15/27	EUR		100		124,280
10.50%, 05/15/27(a)(g)	USD		1,473		1,636,871
6.00%, 02/15/28(a)			382		364,348
AMC Networks, Inc., 4.75%, 08/01/25			222		229,480
Block Communications, Inc., 4.88%, 03/01/28(a)			128		130,560

Security		Par (000)		Value
Media (continued)
Cable Onda SA, 4.50%, 01/30/30	USD		215	$	224,003
CCO Holdings LLC/CCO Holdings Capital Corp.(a)
5.13%, 05/01/27(g)			680		715,510
5.88%, 05/01/27(g)			349		366,415
5.00%, 02/01/28			34		35,700
5.38%, 06/01/29(g)			1,248		1,352,520
4.75%, 03/01/30			147		155,636
4.50%, 08/15/30(g)			1,300		1,365,058
4.25%, 02/01/31(g)			860		891,357
4.50%, 05/01/32(g)			1,047		1,092,806
Charter Communications Operating LLC/Charter Communications Operating Capital, 4.91%, 07/23/25(g)			2,425		2,803,840
Clear Channel International BV, 6.63%, 08/01/25(a)			384		392,755
Clear Channel Worldwide Holdings, Inc.(g)
9.25%, 02/15/24			811		786,183
5.13%, 08/15/27(a)			1,774		1,703,483
Comcast Corp., 3.95%, 10/15/25(g)			3,000		3,443,381
Connect Finco Sarl/Connect US Finco LLC, 6.75%, 10/01/26(a)(g)			2,066		2,072,508
CSC Holdings LLC
6.75%, 11/15/21			187		196,116
5.25%, 06/01/24			123		131,918
6.50%, 02/01/29(a)(g)			865		959,069
5.75%, 01/15/30(a)(g)			862		915,875
4.13%, 12/01/30(a)(g)			597		608,492
4.63%, 12/01/30(a)			1,446		1,456,845
3.38%, 02/15/31(a)(g)			465		450,236
Diamond Sports Group LLC/Diamond Sports Finance Co., 5.38%, 08/15/26(a)(g)			590		417,425
Discovery Communications LLC(g)
3.25%, 04/01/23			1,490		1,554,192
3.45%, 03/15/25			170		185,917
DISH DBS Corp.
6.75%, 06/01/21(g)			627		642,675
5.88%, 07/15/22(g)			1,396		1,451,840
5.00%, 03/15/23			358		365,160
7.75%, 07/01/26(g)			471		517,799
DISH Network Corp.
2.38%, 03/15/24			312		280,784
3.38%, 08/15/26			385		353,429
Entercom Media Corp., 6.50%, 05/01/27(a)			286		248,820
GCI LLC(a)
6.63%, 06/15/24			153		164,108
4.75%, 10/15/28(l)			89		90,113
Hughes Satellite Systems Corp., 5.25%, 08/01/26			177		188,179
iHeartCommunications, Inc.
6.38%, 05/01/26			264		275,207
5.25%, 08/15/27(a)			122		118,950
4.75%, 01/15/28(a)			78		73,511
Lamar Media Corp.
5.75%, 02/01/26			124		128,030
4.00%, 02/15/30(a)			126		126,000
LCPR Senior Secured Financing DAC, 6.75%, 10/15/27(a)(g)			600		627,000
Liberty Broadband Corp., 2.75%, 09/30/50(a)			641		689,542
Lions Gate Capital Holdings LLC(a)
6.38%, 02/01/24			25		24,750
5.88%, 11/01/24			171		168,008
Live Nation Entertainment, Inc., 6.50%, 05/15/27(a)(g)			966		1,042,546

10

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)			Value
Media (continued)
Meredith Corp., 6.88%, 02/01/26	USD		56		$	46,760
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27(a)			177			181,868
Network i2i Ltd., (5 year CMT + 4.27%), 5.65%(i)(j)			250			248,516
Outfront Media Capital LLC/Outfront Media Capital Corp., 5.00%, 08/15/27(a)			413			402,675
Qualitytech LP/QTS Finance Corp.(a)
4.75%, 11/15/25			146			151,431
3.88%, 10/01/28(l)			295			296,947
Radiate Holdco LLC/Radiate Finance, Inc.(a)
4.50%, 09/15/26			919			918,807
6.50%, 09/15/28			1,424			1,459,262
Sable International Finance Ltd., 5.75%, 09/07/27(a)			200			208,576
Sirius XM Radio, Inc.(a)
5.00%, 08/01/27			170			177,225
5.50%, 07/01/29(g)			887			951,307
4.13%, 07/01/30			414			421,762
Summer BC Holdco B Sarl, 5.75%, 10/31/26	EUR		100			114,924
TEGNA, Inc., 5.50%, 09/15/24(a)	USD		66			28,516
Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28(a)			200			210,000
Telesat Canada/Telesat LLC, 4.88%, 06/01/27(a)			332			333,345
Terrier Media Buyer, Inc., 8.88%, 12/15/27(a)(g)			490			493,675
Univision Communications, Inc.(a)
5.13%, 02/15/25			133			126,018
6.63%, 06/01/27			132			128,865
Videotron Ltd., 5.13%, 04/15/27(a)			439			461,828
Virgin Media Secured Finance PLC(a)
5.50%, 08/15/26			200			208,500
5.50%, 05/15/29			400			429,380
4.50%, 08/15/30			346			355,494
Virgin Media Vendor Financing Notes IV DAC, 5.00%, 07/15/28(a)(g)			754			752,115
VZ Vendor Financing BV, 2.50%, 01/31/24	EUR		100			114,900
WMG Acquisition Corp.(a)
5.50%, 04/15/26	USD		166			172,225
3.88%, 07/15/30			200			206,239
3.00%, 02/15/31			66			64,169
Zayo Group Holdings, Inc.(a)(g)
4.00%, 03/01/27			2,639			2,597,370
6.13%, 03/01/28			1,278			1,319,152
Ziggo Bond Co. BV(a)
6.00%, 01/15/27			199			205,716
5.13%, 02/28/30			225			227,767
Ziggo BV				��
4.25%, 01/15/27	EUR		90			109,557
5.50%, 01/15/27(a)(g)	USD		599			627,452
4.88%, 01/15/30(a)			200			207,000
						50,984,270
Metals & Mining — 2.0%
ABJA Investment Co. Pte Ltd., 5.95%, 07/31/24			250			256,248
Arconic Corp.(a)
6.00%, 05/15/25			360			384,453
6.13%, 02/15/28			222			227,966
Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/29(a)			722			730,050
Constellium SE(a)
5.75%, 05/15/24(g)			506			514,855
6.63%, 03/01/25(g)			1,269			1,298,346
5.88%, 02/15/26(g)			838			859,822

Security		Par (000)		Value
Metals & Mining (continued)
Constellium SE(a) (continued)
5.63%, 06/15/28	USD		250	$	255,175
Freeport-McMoRan, Inc.
4.38%, 08/01/28			494		510,774
4.63%, 08/01/30			507		533,085
5.40%, 11/14/34			161		178,106
5.45%, 03/15/43			1,336		1,481,330
Gold Fields Orogen Holdings BVI Ltd., 5.13%, 05/15/24(a)			200		217,250
Grinding Media, Inc./Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23(a)			371		375,637
HTA Group Ltd., 7.00%, 12/18/25(a)			200		208,500
JSW Steel Ltd., 5.95%, 04/18/24			200		205,800
Kaiser Aluminum Corp.(a)
6.50%, 05/01/25			103		106,171
4.63%, 03/01/28			66		61,545
New Gold, Inc., 7.50%, 07/15/27(a)			430		457,950
Nexa Resources SA, 5.38%, 05/04/27(a)			237		246,776
Novelis Corp.(a)(g)
5.88%, 09/30/26			502		515,805
4.75%, 01/30/30			881		865,336
thyssenkrupp AG
1.88%, 03/06/23	EUR		43		47,038
2.88%, 02/22/24			84		92,355
Usiminas International Sarl, 5.88%, 07/18/26(a)	USD		200		203,687
Vale Overseas Ltd.
6.25%, 08/10/26			63		74,498
3.75%, 07/08/30			155		159,224
Vedanta Resources Finance II PLC, 8.00%, 04/23/23			313		245,803
					11,313,585
Multiline Retail — 0.1%
Dufry One BV, 2.00%, 02/15/27	EUR		100		97,401
Future Retail Ltd., 5.60%, 01/22/25	USD		200		168,952
Nordstrom, Inc., 8.75%, 05/15/25(a)			136		149,036
					415,389
Multi-Utilities — 0.3%
Brooklyn Union Gas Co., 3.41%, 03/10/26(a)(g)			1,475		1,645,732
Office Supplies & Equipment — 0.1%
BY Crown Parent LLC, 7.38%, 10/15/24(a)(g)			758		769,370
Offshore Drilling & Other Services — 0.1%
Applied Materials, Inc., 3.90%, 10/01/25(g)			285		326,863
Entegris, Inc.(a)
4.63%, 02/10/26			190		194,275
4.38%, 04/15/28			231		237,352
					758,490
Oil, Gas & Consumable Fuels — 7.5%
Apache Corp.
4.88%, 11/15/27			211		199,395
5.10%, 09/01/40			237		212,263
5.25%, 02/01/42			30		26,850
4.75%, 04/15/43			321		285,489
4.25%, 01/15/44			184		156,400
5.35%, 07/01/49			72		63,540
Ascent Resources Utica Holdings LLC/ARU Finance Corp., 10.00%, 04/01/22(a)			489		481,665
Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34(m)			149		111,226
Brand Industrial Services, Inc., 8.50%, 07/15/25(a)(g)			498		470,610

S C H E D U L E  O F  I N V E S T M E N T  S 11

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Buckeye Partners LP
4.13%, 03/01/25(a)(g)	USD		262	$	248,900
4.50%, 03/01/28(a)(g)			362		348,877
5.85%, 11/15/43			130		120,425
5.60%, 10/15/44			146		129,497
Callon Petroleum Co.
6.25%, 04/15/23			255		81,600
6.13%, 10/01/24			208		59,280
8.25%, 07/15/25			243		65,610
6.38%, 07/01/26			192		47,040
Cenovus Energy, Inc.
3.00%, 08/15/22			84		81,881
3.80%, 09/15/23			48		46,367
5.38%, 07/15/25(g)			622		598,636
5.40%, 06/15/47			34		28,725
Centennial Resource Production LLC, 6.88%, 04/01/27(a)			255		103,913
Cheniere Energy Partners LP
5.63%, 10/01/26			173		179,920
4.50%, 10/01/29(g)			529		542,632
5.25%, 10/01/25			48		49,104
Cheniere Energy, Inc., 4.63%, 10/15/28(a)			1,311		1,345,414
Citgo Holding, Inc., 9.25%, 08/01/24(a)			228		217,170
CNX Resources Corp., 7.25%, 03/14/27(a)			189		192,780
Comstock Resources, Inc.
7.50%, 05/15/25(a)(g)			466		438,040
9.75%, 08/15/26			543		557,167
Continental Resources, Inc.
5.00%, 09/15/22			428		424,824
4.50%, 04/15/23			142		135,326
4.90%, 06/01/44			233		175,489
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.
6.25%, 04/01/23			21		20,530
5.63%, 05/01/27(a)			249		222,424
CrownRock LP/CrownRock Finance, Inc., 5.63%, 10/15/25(a)			1,188		1,119,690
CVR Energy, Inc.(a)
5.25%, 02/15/25			231		200,970
5.75%, 02/15/28			77		65,450
DCP Midstream Operating LP
5.38%, 07/15/25(g)			188		193,843
5.63%, 07/15/27			201		205,623
5.13%, 05/15/29			99		97,515
6.45%, 11/03/36(a)			226		216,571
6.75%, 09/15/37(a)(g)			392		376,320
Diamondback Energy, Inc., 3.50%, 12/01/29			440		426,547
eG Global Finance PLC
6.75%, 02/07/25(a)			396		405,405
6.25%, 10/30/25	EUR		142		165,739
8.50%, 10/30/25(a)	USD		339		356,974
Enbridge, Inc., (3 mo. LIBOR US + 3.64%), 6.25%, 03/01/78(g)(i)			1,565		1,588,475
Endeavor Energy Resources LP/EER Finance, Inc.(a)
6.63%, 07/15/25			192		197,280
5.50%, 01/30/26(g)			815		808,887
5.75%, 01/30/28			386		387,930
Energy Transfer Operating LP
3.75%, 05/15/30			75		72,638
6.00%, 06/15/48			136		136,787
5.00%, 05/15/50			196		181,478

Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
EnLink Midstream LLC, 5.38%, 06/01/29	USD		82	$	66,420
EnLink Midstream Partners LP
4.40%, 04/01/24			240		216,000
4.15%, 06/01/25			17		14,638
4.85%, 07/15/26			99		85,646
5.60%, 04/01/44			176		113,080
5.05%, 04/01/45			28		17,780
EQM Midstream Partners LP
6.00%, 07/01/25(a)			255		262,969
4.13%, 12/01/26			100		95,299
6.50%, 07/01/27(a)			356		377,367
EQT Corp.
3.90%, 10/01/27			325		299,203
8.75%, 02/01/30			176		207,680
Extraction Oil & Gas, Inc.(a)(f)(h)
7.38%, 05/15/24			302		75,500
5.63%, 02/01/26			572		143,000
Genesis Energy LP/Genesis Energy Finance Corp.
6.00%, 05/15/23			141		127,958
5.63%, 06/15/24			169		144,044
6.50%, 10/01/25			46		39,790
7.75%, 02/01/28			118		102,524
Geopark Ltd., 6.50%, 09/21/24(a)			200		188,000
GMR Hyderabad International Airport Ltd., 4.25%, 10/27/27			200		177,000
Great Western Petroleum LLC/Great Western Finance Corp., 9.00%, 09/30/21(a)			484		281,930
Harvest Midstream I LP, 7.50%, 09/01/28(a)			295		293,525
Hess Corp., 4.30%, 04/01/27			50		52,224
Hess Midstream Operations LP, 5.63%, 02/15/26(a)			210		213,933
Hilong Holding Ltd., 8.25%, 09/26/22(f)(h)			200		99,750
HPCL-Mittal Energy Ltd., 5.45%, 10/22/26			200		201,563
Impulsora Pipeline LLC, 6.05%(c)			1,436		1,546,444
Indigo Natural Resources LLC, 6.88%, 02/15/26(a)(g)			487		473,987
Leviathan Bond Ltd., 5.75%, 06/30/23(a)			185		190,550
Matador Resources Co., 5.88%, 09/15/26(g)			563		470,640
Medco Bell Pte Ltd., 6.38%, 01/30/27			250		216,406
MEG Energy Corp.(a)
7.00%, 03/31/24			293		272,490
6.50%, 01/15/25(g)			635		622,884
7.13%, 02/01/27			6		5,381
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc., 4.63%, 06/15/25(a)			513		523,260
MPLX LP, 4.25%, 12/01/27			185		207,347
Murphy Oil Corp.
5.75%, 08/15/25			119		103,813
6.38%, 12/01/42			29		22,765
Murphy Oil USA, Inc., 4.75%, 09/15/29			163		173,595
Neptune Energy Bondco PLC, 6.63%, 05/15/25(a)			200		178,384
New Enterprise Stone & Lime Co., Inc., 6.25%, 03/15/26(a)			74		76,220
New Fortress Energy, Inc., 6.75%, 09/15/25(a)			850		888,675
NGPL PipeCo LLC, 7.77%, 12/15/37(a)			227		288,949
NuStar Logistics LP, 6.00%, 06/01/26			163		163,460
Occidental Petroleum Corp.
2.70%, 08/15/22(g)			412		384,960
2.90%, 08/15/24(g)			260		220,592
3.20%, 08/15/26			16		12,690
3.00%, 02/15/27			4		3,137
4.30%, 08/15/39(g)			482		334,103

12

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Occidental Petroleum Corp. (continued)
6.20%, 03/15/40(g)	USD		714	$	591,620
4.50%, 07/15/44			196		140,263
4.63%, 06/15/45(g)			464		335,240
6.60%, 03/15/46			26		22,393
4.40%, 04/15/46(g)			432		306,811
4.10%, 02/15/47			48		32,405
4.20%, 03/15/48(g)			296		203,500
4.40%, 08/15/49			104		72,811
Odebrecht Offshore Drilling Finance Ltd.(a)
6.72%, 12/01/22			50		45,161
(7.72% PIK), 7.72%, 12/01/26(k)			9		903
Parsley Energy LLC/Parsley Finance Corp.(a)
5.38%, 01/15/25			251		250,372
5.25%, 08/15/25			59		58,410
5.63%, 10/15/27			271		269,645
4.13%, 02/15/28			281		264,140
PBF Holding Co. LLC/PBF Finance Corp., 9.25%, 05/15/25(a)			37		37,926
PDC Energy, Inc.
1.13%, 09/15/21			922		874,376
6.13%, 09/15/24			151		143,828
6.25%, 12/01/25			122		113,460
5.75%, 05/15/26			235		218,209
Pertamina Persero PT, 3.65%, 07/30/29			202		216,203
Petrobras Global Finance BV
5.30%, 01/27/25(g)			500		541,937
5.60%, 01/03/31			321		342,895
Petroleos Mexicanos, 6.88%, 08/04/26			375		360,900
Puma International Financing SA, 5.13%, 10/06/24(a)			200		177,000
QEP Resources, Inc.
5.38%, 10/01/22			178		145,960
5.25%, 05/01/23			211		153,503
5.63%, 03/01/26(g)			164		93,070
Range Resources Corp.
5.88%, 07/01/22			44		42,680
5.00%, 08/15/22			252		243,104
5.00%, 03/15/23(g)			189		179,550
Rattler Midstream LP, 5.63%, 07/15/25(a)			239		240,792
Sabine Pass Liquefaction LLC, 4.50%, 05/15/30(a)(g)			275		309,774
Saudi Arabian Oil Co., 3.50%, 04/16/29			400		438,875
SM Energy Co.
6.13%, 11/15/22			19		14,781
10.00%, 01/15/25(a)(g)			549		521,550
Southwestern Energy Co.
4.10%, 03/15/22			252		248,850
6.45%, 01/23/25			125		121,094
7.50%, 04/01/26			74		72,335
8.38%, 09/15/28			137		134,618
Sunoco Logistics Partners Operations LP
3.90%, 07/15/26(g)			235		241,309
5.40%, 10/01/47			136		128,407
Sunoco LP/Sunoco Finance Corp.
4.88%, 01/15/23			213		214,065
5.50%, 02/15/26			33		32,959
6.00%, 04/15/27			63		64,733
5.88%, 03/15/28			124		126,790

Security		Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., 5.50%, 09/15/24(a)(g)	USD		462	$	434,280
Targa Resources Partners LP/Targa Resources Partners Finance Corp.
5.13%, 02/01/25			118		117,705
5.88%, 04/15/26			304		312,117
5.38%, 02/01/27			2		2,011
6.50%, 07/15/27			195		203,287
5.00%, 01/15/28			359		350,025
6.88%, 01/15/29(g)			644		688,887
5.50%, 03/01/30(a)			364		364,382
4.88%, 02/01/31(a)			303		293,433
Transcontinental Gas Pipe Line Co. LLC, 4.00%, 03/15/28(g)			280		312,649
Transocean, Inc., 11.50%, 01/30/27(a)			171		70,144
Ultrapar International SA, 5.25%, 06/06/29(a)			273		283,493
Viper Energy Partners LP, 5.38%, 11/01/27(a)			215		211,775
Western Midstream Operating LP
4.00%, 07/01/22			43		43,255
4.10%, 02/01/25			77		73,343
3.95%, 06/01/25			181		170,104
4.65%, 07/01/26			131		127,398
4.75%, 08/15/28			66		63,458
5.05%, 02/01/30			171		166,428
5.45%, 04/01/44			329		281,295
5.30%, 03/01/48			372		299,460
5.50%, 08/15/48			63		51,975
6.25%, 02/01/50			318		294,547
WPX Energy, Inc.
8.25%, 08/01/23			100		113,000
5.25%, 09/15/24			84		87,552
5.75%, 06/01/26			61		63,135
5.25%, 10/15/27			104		105,560
5.88%, 06/15/28			204		213,180
4.50%, 01/15/30(g)			394		387,355
YPF SA
8.75%, 04/04/24(a)			400		322,000
8.50%, 07/28/25			250		179,609
					43,026,735
Personal Products — 0.0%
Edgewell Personal Care Co., 5.50%, 06/01/28(a)			176		185,192
Pharmaceuticals — 2.4%
AbbVie, Inc., 3.60%, 05/14/25(g)			695		770,336
Bausch Health Americas, Inc., 8.50%, 01/31/27(a)(g)			1,109		1,218,514
Bausch Health Cos., Inc.
5.50%, 03/01/23(a)			150		149,437
4.50%, 05/15/23	EUR		346		401,879
5.88%, 05/15/23(a)	USD		16		15,920
6.13%, 04/15/25(a)(g)			813		832,309
5.50%, 11/01/25(a)(g)			152		155,990
9.00%, 12/15/25(a)(g)			501		544,988
5.75%, 08/15/27(a)			145		153,881
7.00%, 01/15/28(a)			366		387,960
5.00%, 01/30/28(a)			214		207,847
6.25%, 02/15/29(a)(g)			529		544,108
7.25%, 05/30/29(a)(g)			498		536,595
5.25%, 01/30/30(a)			260		256,100

S C H E D U L E  O F  I N V E S T M E N T  S 13

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Pharmaceuticals (continued)
Catalent Pharma Solutions, Inc.
4.88%, 01/15/26(a)	USD		324	$	330,480
5.00%, 07/15/27(a)(g)			495		514,800
2.38%, 03/01/28	EUR		100		112,524
Charles River Laboratories International, Inc.(a)
5.50%, 04/01/26(g)	USD		365		384,162
4.25%, 05/01/28			188		197,304
CVS Health Corp.(g)
4.75%, 12/01/22			165		177,919
4.10%, 03/25/25			566		639,371
Elanco Animal Health, Inc., 5.90%, 08/28/28			176		203,280
Endo Dac/Endo Finance LLC/Endo Finco, Inc.(a)
9.50%, 07/31/27			163		170,335
6.00%, 06/30/28			182		133,770
IQVIA, Inc.
3.25%, 03/15/25	EUR		148		174,515
5.00%, 10/15/26(a)(g)	USD		463		483,835
5.00%, 05/15/27(a)(g)			637		667,939
Jaguar Holding Co. II/PPD Development LP(a)(g)
4.63%, 06/15/25			536		552,080
5.00%, 06/15/28			501		522,919
MEDNAX, Inc.(a)
5.25%, 12/01/23			168		170,100
6.25%, 01/15/27			245		254,178
Nidda BondCo GmbH, 7.25%, 09/30/25	EUR		100		119,004
Nidda Healthcare Holding GmbH, 3.50%, 09/30/24			100		114,173
Par Pharmaceutical, Inc., 7.50%, 04/01/27(a)(g)	USD		1,297		1,358,841
Synlab Bondco PLC, (3 mo. Euribor + 4.75%), 4.75%, 07/01/25(b)	EUR		100		118,494
					13,575,887
Producer Durables: Miscellaneous — 0.8%
ACI Worldwide, Inc., 5.75%, 08/15/26(a)(g)	USD		696		735,018
Boxer Parent Co., Inc.
6.50%, 10/02/25	EUR		100		120,894
7.13%, 10/02/25(a)	USD		388		414,407
9.13%, 03/01/26(a)(g)			678		718,680
Genesys Telecommunications Laboratories, Inc./Greeneden Lux 3 Sarl/Greeneden US Ho, 10.00%, 11/30/24(a)(g)			1,047		1,108,773
Open Text Corp., 3.88%, 02/15/28(a)			411		415,751
Open Text Holdings, Inc., 4.13%, 02/15/30(a)			411		422,689
Sophia LP/Sophia Finance, Inc., 9.00%, 09/30/23(a)			292		292,175
Veritas US, Inc./Veritas Bermuda Ltd., 7.50%, 02/01/23(a)			200		199,542
					4,427,929
Professional Services(a) — 0.1%
Gartner, Inc.
4.50%, 07/01/28			341		358,476
3.75%, 10/01/30(g)			427		431,932
					790,408
Real Estate — 0.0%
Prologis LP, 3.75%, 11/01/25(g)			255		290,984
Real Estate Management & Development — 3.0%
ADLER Real Estate AG, 3.00%, 04/27/26	EUR		100		114,900
Agile Group Holdings Ltd.
6.70%, 03/07/22	USD		250		255,937
(5 year CMT + 11.29%), 7.88%(i)(j)			200		202,500
Central China Real Estate Ltd. 6.88%, 08/08/22			200		200,500

Security		Par (000)		Value
Real Estate Management & Development (continued)
Central China Real Estate Ltd. (continued)
7.25%, 04/24/23	USD		200	$	200,500
7.65%, 08/27/23			245		245,612
CFLD Cayman Investment Ltd.
8.63%, 02/28/21			200		200,000
6.90%, 01/13/23			200		189,000
8.60%, 04/08/24			200		185,188
China Aoyuan Group Ltd.
7.50%, 05/10/21			200		201,356
7.95%, 02/19/23			450		465,750
China Evergrande Group
8.25%, 03/23/22			200		178,000
9.50%, 04/11/22			200		180,000
11.50%, 01/22/23			450		398,953
12.00%, 01/22/24			250		219,219
China SCE Group Holdings Ltd.
7.25%, 04/19/23			200		203,063
7.38%, 04/09/24			200		201,688
CIFI Holdings Group Co. Ltd.
7.63%, 03/02/21			200		203,500
6.55%, 03/28/24			200		206,000
6.45%, 11/07/24			200		204,500
Consus Real Estate AG, 9.63%, 05/15/24	EUR		100		124,638
Country Garden Holdings Co. Ltd.
6.50%, 04/08/24	USD		200		215,562
6.15%, 09/17/25			200		221,750
5.13%, 01/14/27			200		211,812
Cushman & Wakefield US Borrower LLC, 6.75%, 05/15/28(a)			322		334,284
Easy Tactic Ltd.
8.75%, 01/10/21			200		198,000
9.13%, 07/28/22			200		185,750
8.13%, 02/27/23			200		176,000
Fantasia Holdings Group Co. Ltd.
8.38%, 03/08/21			200		198,813
11.75%, 04/17/22			200		204,875
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25(a)			389		388,805
Global Prime Capital Pte Ltd., 5.50%, 10/18/23			200		195,750
Greenland Global Investment Ltd.
5.60%, 11/13/22			200		194,313
6.25%, 12/16/22			200		199,250
Greystar Real Estate Partners LLC, 5.75%, 12/01/25(a)			100		100,750
Heimstaden Bostad AB, (5 year EUR Swap + 3.67%), 3.25%(i)(j)	EUR		100		117,245
Hopson Development Holdings Ltd., 7.50%, 06/27/22	USD		200		199,500
Howard Hughes Corp.(a)
5.38%, 03/15/25			281		285,524
5.38%, 08/01/28			342		341,826
Kaisa Group Holdings Ltd.
11.25%, 04/09/22			200		204,125
11.95%, 10/22/22			200		206,500
11.50%, 01/30/23			200		203,813
10.88%, 07/23/23			400		397,000
KWG Group Holdings Ltd.
7.88%, 08/09/21			200		204,688
7.88%, 09/01/23			200		205,500
7.40%, 03/05/24			200		205,563

14

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Real Estate Management & Development (continued)
Logan Group Co. Ltd.
6.50%, 07/16/23	USD		200	$	203,688
6.90%, 06/09/24			200		205,000
5.75%, 01/14/25			200		200,625
MAF Sukuk Ltd., 4.64%, 05/14/29			275		298,203
New Metro Global Ltd.
6.50%, 04/23/21			200		200,978
6.80%, 08/05/23			200		203,000
Powerlong Real Estate Holdings Ltd., 7.13%, 11/08/22			200		206,000
Realogy Group LLC/Realogy Co-Issuer Corp., 7.63%, 06/15/25(a)			69		72,278
Redsun Properties Group Ltd., 9.95%, 04/11/22			200		204,938
RKPF Overseas Ltd., Series 2019-A, 6.70%, 09/30/24			513		528,230
Ronshine China Holdings Ltd.
11.25%, 08/22/21			200		208,000
10.50%, 03/01/22			200		207,625
8.95%, 01/22/23			200		204,375
Scenery Journey Ltd.
11.00%, 11/06/20			200		199,125
11.50%, 10/24/22			219		198,195
13.00%, 11/06/22			200		184,875
Seazen Group Ltd., 6.45%, 06/11/22			200		201,500
Shimao Group Holdings Ltd., 5.60%, 07/15/26			200		218,562
Shui On Development Holding Ltd., 5.75%, 11/12/23			200		199,500
Sunac China Holdings Ltd.
7.25%, 06/14/22			200		199,875
7.95%, 10/11/23			200		201,688
7.50%, 02/01/24			200		200,700
Theta Capital Pte Ltd., 8.13%, 01/22/25			200		174,875
Times China Holdings Ltd., 6.75%, 07/16/23			313		319,749
Unique Pub Finance Co. PLC, Series A4, 5.66%, 06/30/27	GBP		47		61,920
Wanda Group Overseas Ltd., 7.50%, 07/24/22	USD		200		192,750
Yango Justice International Ltd., 10.00%, 02/12/23			200		208,687
Yanlord Land HK Co. Ltd.
6.75%, 04/23/23			200		206,812
6.80%, 02/27/24			200		209,500
Yuzhou Group Holdings Co. Ltd.
8.63%, 01/23/22			200		207,500
8.50%, 02/04/23			200		208,687
8.50%, 02/26/24			200		207,375
8.38%, 10/30/24			200		206,812
Zhenro Properties Group Ltd.
9.15%, 03/08/22			200		206,750
8.70%, 08/03/22			200		204,500
					17,540,679
Road & Rail — 0.4%
Autostrade per l’Italia SpA, 5.88%, 06/09/24	EUR		200		260,284
Lima Metro Line Finance Ltd., 5.88%, 07/05/34(a)	USD		1,597		1,944,704
					2,204,988
Semiconductors & Semiconductor Equipment — 2.1%
ams AG, 6.00%, 07/31/25	EUR		100		123,670
Analog Devices, Inc.(g)
3.90%, 12/15/25	USD		375		428,755
3.50%, 12/05/26			275		311,148
Broadcom, Inc.
4.70%, 04/15/25			941		1,069,270

Security		Par (000)		Value
Semiconductors & Semiconductor Equipment (continued)
Broadcom, Inc. (continued)
3.15%, 11/15/25	USD		271	$	293,528
3.46%, 09/15/26(g)			578		632,979
4.11%, 09/15/28(g)			1,594		1,797,632
4.15%, 11/15/30(g)			695		780,724
4.30%, 11/15/32(g)			1,105		1,262,342
Microchip Technology, Inc.
1.63%, 02/15/25			86		191,576
4.25%, 09/01/25(a)(g)			941		976,343
NXP BV/NXP Funding LLC/NXP USA, Inc., 2.70%, 05/01/25(a)			33		34,959
ON Semiconductor Corp.
1.00%, 12/01/20			274		327,430
3.88%, 09/01/28(a)			330		334,645
Qorvo, Inc.
5.50%, 07/15/26			234		248,171
3.38%, 04/01/31(a)(g)			353		358,736
QUALCOMM, Inc., 1.65%, 05/20/32(a)(g)			1,779		1,756,873
Sensata Technologies BV(a)
5.63%, 11/01/24			229		248,465
5.00%, 10/01/25(g)			324		348,300
Sensata Technologies, Inc.(a)
4.38%, 02/15/30			190		199,500
3.75%, 02/15/31			253		251,419
					11,976,465
Software — 1.4%
ANGI Group LLC, 3.88%, 08/15/28(a)			262		259,380
Black Knight InfoServ LLC, 3.63%, 09/01/28(a)			386		390,101
CDK Global, Inc.
4.88%, 06/01/27(g)			514		540,985
5.25%, 05/15/29(a)			138		146,970
MSCI, Inc.(a)
4.00%, 11/15/29			83		87,150
3.63%, 09/01/30			84		86,166
3.88%, 02/15/31(g)			635		661,797
Nuance Communications, Inc., 5.63%, 12/15/26(g)			303		319,665
PTC, Inc.(a)
3.63%, 02/15/25			164		166,460
4.00%, 02/15/28			187		192,203
Solera LLC/Solera Finance, Inc., 10.50%, 03/01/24(a)(g)			2,213		2,312,585
SS&C Technologies, Inc., 5.50%, 09/30/27(a)(g)			1,814		1,927,774
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 5.75%, 06/01/25(a)			243		254,543
Veritas US, Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25(a)(g)			853		879,656
					8,225,435
Specialty Retail — 0.5%
Gap, Inc., 8.88%, 05/15/27(a)			160		182,000
L Brands, Inc.
6.88%, 07/01/25(a)			277		299,160
6.88%, 11/01/35			401		395,107
6.75%, 07/01/36			71		69,580
PetSmart, Inc.(a)(g)
7.13%, 03/15/23			328		330,870
5.88%, 06/01/25			903		924,311

S C H E D U L E  O F  I N V E S T M E N T  S 15

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par  (000)		Value
Specialty Retail (continued)
Staples, Inc., 7.50%, 04/15/26(a)(g)	USD		583	$	538,785
Tendam Brands SAU, (3 mo. Euribor + 5.25%), 5.25%, 09/15/24(b)	EUR		100		95,100
					2,834,913
Technology Hardware, Storage & Peripherals(g) — 0.2%
Dell International LLC/EMC Corp., 7.13%, 06/15/24(a)	USD		638		663,641
Hewlett Packard Enterprise Co., 4.90%, 10/15/25			375		429,074
					1,092,715
Telecommunications Equipment — 0.2%
Nokia OYJ
3.38%, 06/12/22			106		108,322
4.38%, 06/12/27			149		158,219
ViaSat, Inc.(a)
5.63%, 04/15/27(g)			535		550,381
6.50%, 07/15/28			371		371,538
					1,188,460
Textiles, Apparel & Luxury Goods — 0.1%
Hanesbrands, Inc., 5.38%, 05/15/25(a)			123		129,765
Levi Strauss & Co., 5.00%, 05/01/25			233		238,388
William Carter Co., 5.63%, 03/15/27(a)			160		167,000
					535,153
Thrifts & Mortgage Finance — 0.1%
MGIC Investment Corp., 5.25%, 08/15/28			196		202,159
Nationstar Mortgage Holdings, Inc.(a)
6.00%, 01/15/27			149		151,885
5.50%, 08/15/28			254		253,682
					607,726
Transportation Infrastructure — 0.2%
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29(a)			200		178,000
Heathrow Finance PLC, 4.13%, 09/01/29	GBP		100		117,938
Rumo Luxembourg Sarl, 5.88%, 01/18/25(a)	USD		241		252,372
Transurban Finance Co. Pty Ltd., 4.13%, 02/02/26(a)(g)			435		486,095
					1,034,405
Utilities — 0.4%
AES Panama Generation Holdings SRL, 4.38%, 05/31/30(a)			200		204,937
Centrais Eletricas Brasileiras SA, 4.63%, 02/04/30(a)			240		239,400
ContourGlobal Power Holdings SA, 4.13%, 08/01/25	EUR		100		118,101
Genneia SA, 8.75%, 01/20/22(a)	USD		200		154,813
Inkia Energy Ltd., 5.88%, 11/09/27(a)			377		393,612
Mong Doung Finacial Holdings BV, 5.13%, 05/07/29			250		253,828
Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 08/15/28(a)(g)			574		595,525
Vistra Operations Co. LLC(a)
3.55%, 07/15/24			6		6,392
5.50%, 09/01/26			8		8,350
5.63%, 02/15/27			422		445,294
5.00%, 07/31/27			158		165,584
					2,585,836
Wireless Telecommunication Services — 2.7%
Altice France SA
7.38%, 05/01/26(a)(g)			2,104		2,204,782
5.88%, 02/01/27	EUR		100		123,781
8.13%, 02/01/27(a)(g)	USD		707		770,630

Security		Par (000)		Value
Wireless Telecommunication Services (continued)
Altice France SA (continued)
5.50%, 01/15/28(a)(g)	USD		581	$	588,263
5.13%, 01/15/29(a)			200		199,250
Comunicaciones Celulares SA Via Comcel Trust, 6.88%, 02/06/24(a)			300		303,381
GLP Capital LP/GLP Financing II, Inc.
5.30%, 01/15/29			45		50,115
4.00%, 01/15/31			155		161,360
Gogo Intermediate Holdings LLC/Gogo Finance Co., Inc., 9.88%, 05/01/24(a)			14		14,966
Millicom International Cellular SA, 5.13%, 01/15/28			275		284,023
PPF Telecom Group BV, 3.25%, 09/29/27	EUR		100		116,670
Rogers Communications, Inc., 5.00%, 03/15/44(g)	USD		545		709,519
SBA Communications Corp.(g)
4.88%, 09/01/24			1,060		1,086,394
3.88%, 02/15/27(a)			1,248		1,266,720
Sprint Corp.(g)
7.88%, 09/15/23			519		596,201
7.13%, 06/15/24			626		720,282
7.63%, 02/15/25			159		186,030
7.63%, 03/01/26			552		667,029
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC, 3.36%, 09/20/21(a)(g)			130		131,456
T-Mobile USA, Inc.
6.50%, 01/15/26			227		237,215
4.50%, 02/01/26(g)			498		513,139
4.75%, 02/01/28(g)			479		512,405
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 8.25%, 10/15/23			222		218,670
VICI Properties LP/VICI Note Co., Inc.(a)
3.50%, 02/15/25			387		383,132
4.25%, 12/01/26(g)			1,246		1,251,794
3.75%, 02/15/27			411		404,128
4.63%, 12/01/29(g)			498		506,715
4.13%, 08/15/30(g)			1,028		1,011,295
Vmed O2 UK Financing I PLC, 3.25%, 01/31/31	EUR		100		116,512
VTR Comunicaciones SpA, 5.13%, 01/15/28(a)	USD		205		211,272
					15,547,129
Total Corporate Bonds — 78.4% (Cost: $438,874,994)					451,478,238
Floating Rate Loan Interests(b)
Aerospace & Defense(b) — 0.8%
Bleriot US Bidco, Inc.
Delayed Draw Term Loan, (3 mo. LIBOR + 4.75%), 4.97%, 10/31/26			39		38,854
Term Loan B, (3 mo. LIBOR + 4.75%), 4.97%, 10/31/26			251		248,660
Dynasty Acquisition Co., Inc.
2020 CAD Term Loan B2, (3 mo. LIBOR + 3.50%), 3.72%, 04/06/26			798		701,916
2020 Term Loan B1, (3 mo. LIBOR + 3.50%), 3.72%, 04/06/26			1,485		1,305,566

16

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Aerospace & Defense (continued)
Trandigm, Inc., 2020 Term Loan F, (1 mo. LIBOR + 2.25%), 2.40%, 12/09/25	USD		2,107	$	1,988,783
TransDigm, Inc., 2020 Term Loan G, (1 mo. LIBOR + 2.25%), 2.40%, 08/22/24			134		126,299
					4,410,078
Air Freight & Logistics — 0.2%
WestJet Airlines Ltd., Term Loan B, (6 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 12/11/26(b)			1,390		1,201,803
Airlines(b) — 0.4%
American Airlines, Inc.
2017 1st Lien Term Loan, (1 mo. LIBOR + 1.75%), 1.90%, 01/29/27			65		47,021
2017 Incremental Term Loan, (1 mo. LIBOR + 2.00%), 2.15%, 12/14/23			973		792,397
Repriced TL B due 2023, (1 mo. LIBOR + 2.00%), 2.15%, 04/28/23			415		338,387
JetBlue Airways Corp., Term Loan, (3 mo. LIBOR + 5.25%, 1.00% Floor), 6.25%, 06/17/24			290		287,846
Mileage Plus Holdings LLC, 2020 Term Loan B, (3 mo. LIBOR + 5.25%, 1.00% Floor), 6.25%, 06/20/27			1,003		1,018,607
					2,484,258
Auto Components(b) — 0.8%
Panther BF Aggregator 2 LP, USD Term Loan B, (1 mo. LIBOR + 3.50%), 3.65%, 04/30/26			2,344		2,279,870
USI, Inc.
2017 Repriced Term Loan, (3 mo. LIBOR + 3.00%), 3.22%, 05/16/24			1,502		1,450,390
2019 Incremental Term Loan B, (3 mo. LIBOR + 4.00%), 4.22%, 12/02/26			84		83,378
Wand NewCo 3, Inc., 2020 Term Loan, (1 mo. LIBOR + 3.00%), 3.15%, 02/05/26			1,064		1,025,513
					4,839,151
Banks — 0.3%
Capri Finance LLC, USD 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.00%), 3.26%, 11/01/24(b)			1,453		1,451,096
Building Materials — 0.1%
Allied Universal Holdco LLC, 2019 Term Loan B, (1 mo. LIBOR + 4.25%), 4.40%, 07/12/26(b)			817		807,131
Building Products(b) — 0.4%
CPG International, Inc., 2017 Term Loan, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 05/05/24			673		670,117
Wilsonart LLC, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/19/23			1,620		1,604,220
					2,274,337
Capital Markets(b) — 0.6%
Deerfield Dakota Holding LLC, 2020 USD Term Loan B, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 04/09/27			1,418		1,407,779
Greenhill & Co., Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 3.40%, 04/12/24(c)			283		277,332
GT Polaris, Inc., Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 09/24/27			319		316,308

Security		Par (000)		Value
Capital Markets (continued)
Jefferies Finance LLC, 2019 Term Loan, (1 mo. LIBOR + 3.25%), 3.44%, 06/03/26(c)	USD		463	$	443,660
Travelport Finance (Luxembourg) Sarl
2019 Term Loan, (3 mo. LIBOR + 5.00%), 5.22%, 05/29/26			833		624,451
2020 Super Priority Term Loan, (3 mo. LIBOR + 7.00%), 8.00%, 02/28/25			483		463,273
					3,532,803
Chemicals(b) — 1.7%
Alpha 3 BV, 2017 Term Loan B1, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 01/31/24			1,360		1,336,965
Ascend Performance Materials Operations LLC, 2019 Term Loan B, (3 mo. LIBOR + 5.25%, 1.00% Floor), 6.25%, 08/27/26			1,054		1,049,539
Axalta Coating Systems US Holdings, Inc., USD Term Loan B3, (3 mo. LIBOR + 1.75%), 1.97%, 06/01/24			727		709,392
Charter NEX US Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 05/16/24			1,365		1,330,093
Charter NEX US, Inc., Incremental Term Loan, (1 mo. LIBOR + 3.25%), 3.40%, 05/16/24			260		252,823
Chemours Co., 2018 USD Term Loan B, (1 mo. LIBOR + 1.75%), 1.90%, 04/03/25			342		328,688
Element Materials Technology Group US Holdings, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 06/28/24			349		331,527
Encapsys LLC, 2020 Term Loan B2, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 11/07/24			562		550,538
Illuminate Buyer LLC, Term Loan, (1 Week LIBOR + 4.00%), 4.15%, 06/30/27			1,107		1,096,321
Invictus US LLC
1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.15%, 03/28/25			343		333,446
2nd Lien Term Loan, (1 mo. LIBOR + 6.75%), 6.90%, 03/30/26			135		125,635
Messer Industries GmbH, 2018 USD Term Loan, (3 mo. LIBOR + 2.50%), 2.72%, 03/02/26			798		780,331
Momentive Performance Materials, Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 3.41%, 05/15/24			569		543,285
Oxea Holding Drei GmbH, 2017 USD Term Loan B2, (1 mo. LIBOR + 3.50%), 3.69%, 10/14/24			995		953,757
Starfruit Finco BV, 2018 USD Term Loan B, (1 mo. LIBOR + 3.00%), 3.15%, 10/01/25			117		113,490
					9,835,830
Commercial Services & Supplies(b) — 1.9%
Advanced Disposal Services, Inc., Term Loan B3, (1 Week LIBOR + 2.25%), 3.00%, 11/10/23			1,010		1,007,623
Aramark Services, Inc., 2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 1.90%, 03/11/25			375		357,390
Asplundh Tree Expert LLC, Term Loan B, (3 mo. LIBOR + 2.50%), 2.65%, 09/07/27			799		797,506
Asurion LLC
2017 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%), 6.65%, 08/04/25			535		535,567
2017 Term Loan B4, (1 mo. LIBOR + 3.00%), 3.15%, 08/04/22			549		542,642

S C H E D U L E  O F  I N V E S T M E N T  S 17

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Commercial Services & Supplies (continued)
Asurion LLC (continued)
2018 Term Loan B6, (1 mo. LIBOR + 3.00%), 3.15%, 11/03/23	USD		1,760	$	1,732,614
2018 Term Loan B7, (1 mo. LIBOR + 3.00%), 3.15%, 11/03/24			383		376,237
Creative Artists Agency LLC, 2019 Term Loan B, (1 mo. LIBOR + 3.75%), 3.90%, 11/26/26			427		409,555
Dealer Tire LLC, 2020 Term Loan B, (1 mo. LIBOR + 4.25%), 4.40%, 12/12/25			847		825,437
Diamond (BC) BV, USD Term Loan, (3 mo. LIBOR + 3.00%), 3.26%, 09/06/24			1,017		947,894
EnergySolutions LLC, 2018 Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 05/09/25			189		179,696
GFL Environmental, Inc., 2018 USD Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 05/30/25			278		276,271
Harland Clarke Holdings Corp., Term Loan B7, (3 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 11/03/23			163		132,935
KAR Auction Services, Inc., 2019 Term Loan B6, (1 mo. LIBOR + 2.25%), 2.44%, 09/19/26(c)			447		430,298
Prime Security Services Borrower LLC, 2019 Term Loan B1, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 09/23/26			783		774,983
US Ecology, Inc., Term Loan B, (1 mo. LIBOR + 2.50%), 2.65%, 11/01/26(c)			157		154,659
Verscend Holding Corp., 2018 Term Loan B, (1 mo. LIBOR + 4.50%), 4.65%, 08/27/25			1,083		1,070,705
West Corp.
2017 Term Loan, (1 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 10/10/24			457		413,972
2018 Term Loan B1, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 10/10/24			98		88,260
					11,054,244
Communications Equipment — 0.1%
Avantor, Inc., USD Term Loan B3, (1 mo. LIBOR + 2.25%, 1.00% Floor), 3.25%, 11/21/24(b)			623		614,056
Construction & Engineering(b) — 0.5%
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (3 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 06/21/24			1,482		1,376,315
Pike Corp., 2020 Term Loan B, (1 mo. LIBOR + 3.00%), 3.15%, 07/24/26			202		199,980
Ply Gem Midco, Inc., 2018 Term Loan, (1 mo. LIBOR + 3.75%), 3.90%, 04/12/25			127		124,806
SRS Distribution, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 3.00%), 3.15%, 05/23/25			1,140		1,107,444
					2,808,545
Construction Materials(b) — 0.7%
American Builders & Contractors Supply Co., Inc., 2019 Term Loan, (1 mo. LIBOR + 2.00%), 2.15%, 01/15/27			654		635,393
Core & Main LP, 2017 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 08/01/24			2,002		1,957,194

Security		Par (000)		Value
Construction Materials (continued)
Filtration Group Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.15%, 03/29/25	USD		947	$	927,278
Forterra Finance LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 10/25/23			503		497,630
					4,017,495
Containers & Packaging(b) — 0.8%
Berry Global, Inc., Term Loan W, (1 mo. LIBOR + 2.00%), 2.16%, 10/01/22			1,595		1,579,450
BWAY Holding Co., 2017 Term Loan B, (3 mo. LIBOR + 3.25%), 3.52%, 04/03/24			1,068		1,000,436
Flex Acquisition Co., Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 12/29/23			1,012		987,912
Graham Packaging Co., Inc., Term Loan, (1 mo. LIBOR + 3.75%), 4.50%, 08/04/27			330		327,663
Pregis TopCo Corp., 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.90%, 08/01/26			138		136,402
Tosca Services LLC, 2020 Term Loan B, (1 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 08/18/27			331		330,586
					4,362,449
Distributors(b) — 0.3%
TMK Hawk Parent Corp.
2020 Super Priority First Out Term Loan A, (3 mo. LIBOR + 9.50%, 1.00% Floor), 10.50%, 05/30/24			400		384,248
2020 Super Priority Second Out Term Loan B, (3 mo. LIBOR + 3.50%), 6.50%, 08/28/24			1,334		1,160,359
					1,544,607
Diversified Consumer Services(b) — 1.1%
Amentum Government Services Holdings LLC, Term Loan B, (1 mo. LIBOR + 3.50%), 3.65%, 01/31/27			204		200,014
APX Group, Inc., 2020 Term Loan, (1 mo. LIBOR + 5.00%), 5.15%, 12/31/25			62		61,109
Ascend Learning LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 07/12/24			771		759,725
BidFair MergerRight, Inc., Term Loan B, (1 mo. LIBOR + 5.50%, 1.00% Floor), 6.50%, 01/15/27			1,158		1,150,751
Bright Horizons Family Solutions, Inc., 2017 Term Loan B, (1 mo. LIBOR + 1.75%), 2.50%, 11/07/23			784		758,244
Genuine Financial Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.90%, 07/11/25			966		877,792
LEB Holdings (USA), Inc, Term Loan B, 0.00%, 09/25/27(n)			231		228,979
Nomad Foods Europe Midco Ltd., 2017 USD Term Loan B4, (1 mo. LIBOR + 2.25%), 2.40%, 05/15/24			410		398,403
Serta Simmons Bedding LLC
2020 Super Priority First Out Term Loan, (1 mo. LIBOR + 7.50%), 8.50%, 08/10/23			190		187,199
2020 Super Priority Second Out Term Loan, (1 mo. LIBOR + 7.50%, 1.00% Floor), 8.50%, 08/10/23			255		207,434
TruGreen LP, 2019 Term Loan, (1 mo. LIBOR + 3.75%), 3.90%, 03/19/26			670		662,288
Uber Technologies, Inc., 2018 Incremental Term Loan, (1 mo. LIBOR + 3.50%), 3.65%, 07/13/23			850		834,560
					6,326,498

18

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Diversified Financial Services(b) — 1.3%
Advisor Group, Inc., 2019 Term Loan B, (1 mo. LIBOR + 5.00%), 5.15%, 08/01/26	USD		421	$	407,202
Alchemy Copyrights LLC, Term Loan B, (1 mo. LIBOR + 3.25%), 4.00%, 08/14/27(c)			348		347,130
AlixPartners LLP, 2017 Term Loan B, (1 mo. LIBOR + 2.50%), 2.64%, 04/04/24			1,723		1,678,647
Allsup’s Convenience Stores, Inc., Term Loan, (1 mo. LIBOR + 6.25%), 6.40%, 11/18/24			340		339,781
Credito Real SAB de CV Sofom ENR, Term Loan B, (3 mo. LIBOR + 3.75%), 4.00%, 02/17/23(c)			35		31,255
EG Finco Ltd., 2018 Term Loan, (3 mo. LIBOR + 4.00%), 4.22%, 02/07/25			522		510,199
Kingpin Intermediate Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 07/03/24			691		587,241
Milano Acquisition Corp, Term Loan, 5.25%, 08/17/27(n)			978		965,775
SMG US Midco 2, Inc., 2020 Term Loan, (3 mo. LIBOR + 2.50%), 2.76%, 01/23/25			538		468,335
SSH Group Holdings, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.25%), 4.47%, 07/30/25			147		139,117
VS Buyer LLC, Term Loan B, (1 mo. LIBOR + 3.25%), 3.40%, 02/28/27			1,394		1,367,179
Ziggo Financing Partnership, USD Term Loan I, (1 mo. LIBOR + 2.50%), 2.65%, 04/30/28			600		576,414
					7,418,275
Diversified Telecommunication Services(b) — 0.9%
Cablevision Lightpath LLC, Term Loan B, 4.00%, 09/09/27(n)			230		228,563
Consolidated Communications, Inc., 2020 Term Loan B, 5.75%, 10/17/27(n)			489		483,347
GCI Holdings, Inc., 2020 Term Loan B, 3.50%, 09/24/25(c)(n)			480		476,400
Hargray Communications Group, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 05/16/24			655		650,127
Iridium Satellite LLC, Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 11/04/26			725		722,994
Level 3 Financing, Inc., 2019 Term Loan B, (1 mo. LIBOR + 1.75%), 1.90%, 03/01/27			566		547,991
MTN Infrastructure TopCo, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 11/15/24			1,004		985,387
Northwest Fiber LLC, Term Loan B, (3 mo. LIBOR + 5.50%), 5.66%, 04/30/27			368		367,157
TDC A/S, EUR Term Loan, (EURIBOR + 3.00%), 3.00%, 06/04/25	EUR		819		937,766
					5,399,732
Electric Utilities — 0.2%
Pacific Gas & Electric Co., 2020 Term Loan, (3 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 06/23/25(b) .	USD		556		543,568
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc., Term Loan, 1.00%, 11/10/20(c)			780		—
Vistra Energy Corp., 1st Lien Term Loan B3, (1 mo. LIBOR + 1.75%), 1.90%, 12/31/25(b)			418		411,539
					955,107

Security			Par (000)		Value
Energy Equipment & Services(b) — 0.4%
Dell International LLC, 2019 Term Loan B, 2.76%, 09/19/25(n)		USD		440	$	437,681
Gates Global LLC, 2017 USD Repriced Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 04/01/24				1,473		1,448,472
GrafTech Finance, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 02/12/25				492		485,338
						2,371,491
Entertainment — 0.1%
Datto, Inc., 2019 Term Loan B, (1 mo. LIBOR + 4.25%), 4.40%, 04/02/26(b)				553		551,376
Equity Real Estate Investment Trusts (REITs)(b) — 0.2%
RHP Hotel Properties LP, 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 2.15%, 05/11/24				247		233,052
VICI Properties LLC, Replacement Term Loan B, (1 mo. LIBOR + 1.75%), 1.91%, 12/20/24				940		906,729
						1,139,781
Food & Staples Retailing(b) — 0.4%
Hearthside Food Solutions LLC
2018 Incremental Term Loan, (1 mo. LIBOR + 4.00%), 4.15%, 05/23/25				505		492,064
2018 Term Loan B, (1 mo. LIBOR + 3.69%), 3.83%, 05/23/25				268		259,812
US Foods, Inc.
2016 Term Loan B, (1 mo. LIBOR + 1.75%), 1.90%, 06/27/23				1,437		1,379,089
2019 Term Loan B, (1 mo. LIBOR + 2.00%), 2.15%, 09/13/26				403		384,477
						2,515,442
Food Products(b) — 1.4%
8th Avenue Food & Provisions, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 3.65%, 10/01/25				461		456,553
B&G Foods, Inc., 2019 Term Loan B4, (1 mo. LIBOR + 2.50%), 2.65%, 10/10/26				61		60,673
Chobani LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 10/10/23				1,919		1,895,086
Froneri International Ltd.	��
2020 USD 2nd Lien Term Loan, (1 mo. LIBOR + 5.75%), 5.90%, 01/29/28(c)				123		122,204
2020 USD Term Loan, (1 mo. LIBOR + 2.25%), 2.40%, 01/29/27				2,135		2,046,798
Hostess Brands LLC, 2019 Term Loan, (1 mo. LIBOR + 2.25%), 3.00%, 08/03/25				426		418,097
JBS USA LUX SA, 2019 Term Loan B, (1 mo. LIBOR + 2.00%), 2.15%, 05/01/26				114		111,160
Pathway Vet Alliance LLC, 2020 Term Loan, (1 mo. LIBOR + 4.00%), 4.15%, 03/31/27				215		211,666
Reynolds Group Holdings, Inc.
2017 Term Loan, (PRIME + 1.75%), 3.98%, 02/05/23				1,656		1,633,466
2020 Term Loan, 3.50%, 02/03/26(n)				767		752,427
Shearer’s Foods, Inc., 2020 Term Loan B, 4.75%, 09/23/27(n)				252		249,954
						7,958,084

S C H E D U L E  O F  I N V E S T M E N T  S 19

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Health Care Equipment & Supplies — 0.2%
Ortho-Clinical Diagnostics SA, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.41%, 06/30/25(b)	USD		1,453	$	1,387,905
Health Care Providers & Services(b) — 1.5%
AHP Health Partners, Inc., 2018 Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 06/30/25			334		332,794
CHG Healthcare Services, Inc., 2017 1st Lien Term Loan B, (6 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 06/07/23			958		940,700
Da Vinci Purchaser Corp., 2019 Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.24%, 01/08/27			544		537,002
DentalCorp Perfect Smile ULC, 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 06/06/25			285		268,858
Envision Healthcare Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.90%, 10/10/25			757		544,070
EyeCare Partners LLC, 2020 Term Loan, (1 mo. LIBOR + 3.75%), 3.90%, 02/18/27			519		486,605
Femur Buyer, Inc., 1st Lien Term Loan, 4.81%, 03/05/26(n)			85		76,332
Gentiva Health Services, Inc., 2020 Term Loan, (1 mo. LIBOR + 3.25%), 3.44%, 07/02/25			815		797,382
HC Group Holdings II, Inc., Term Loan B, (1 mo. LIBOR + 4.50%), 4.65%, 08/06/26			859		850,197
HCA, Inc., Term Loan B13, (1 mo. LIBOR + 1.75%), 1.90%, 03/18/26			274		272,135
MPH Acquisition Holdings LLC, 2016 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 06/07/23			497		488,664
nThrive, Inc., 2016 1st Lien Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 10/20/22			520		471,151
Sotera Health Holdings LLC, 2019 Term Loan, (3 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 12/11/26			2,669		2,655,619
Team Health Holdings, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 02/06/24			94		78,958
					8,800,467
Health Care Services(b) — 0.3%
Emerald TopCo., Inc., Term Loan, (3 mo. LIBOR + 3.50%), 3.76%, 07/25/26			1,144		1,098,790
WP CityMD Bidco LLC, 2019 Term Loan B, (3 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 08/13/26			679		674,018
					1,772,808
Health Care Technology(b) — 0.4%
Change Healthcare Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.50%, 1.00% Floor), 3.50%, 03/01/24			1,576		1,540,651
GoodRx, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 2.90%, 10/10/25			669		655,880
					2,196,531
Hotels, Restaurants & Leisure(b) — 2.3%
1011778 B.C. Unlimited Liability Co., Term Loan B4, (1 mo. LIBOR + 1.75%), 1.90%, 11/19/26			1,005		962,165
Aimbridge Acquisition Co., Inc., 2019 Term Loan B, (1 mo. LIBOR + 3.75%), 3.89%, 02/02/26(c)			281		250,082
Aristocrat Leisure Ltd., 2020 Incremental Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 10/19/24			433		430,075

Security		Par (000)		Value
Hotels, Restaurants & Leisure (continued)
Boyd Gaming Corp., Term Loan B3, (1 Week LIBOR + 2.25%), 2.36%, 09/15/23	USD		397	$	385,071
Caesars Resort Collection LLC
2017 1st Lien Term Loan B, (1 mo. LIBOR + 2.75%), 2.90%, 12/23/24			1,359		1,270,316
2020 Term Loan, (1 mo. LIBOR + 4.50%), 4.65%, 07/20/25			1,703		1,645,703
CCM Merger, Inc., New Term Loan B, (1 mo. LIBOR + 2.25%), 3.00%, 08/06/21			430		427,173
Equinox Holdings, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 03/08/24			1,556		1,188,710
Four Seasons Hotels Ltd., New 1st Lien Term Loan, (1 mo. LIBOR + 2.00%), 2.15%, 11/30/23			552		536,134
Gateway Casinos & Entertainment Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor), 3.75%, 12/01/23			49		44,198
Golden Nugget LLC, 2017 Incremental Term Loan B, (1 mo. LIBOR + 2.50%), 3.25%, 10/04/23			906		805,615
Golden Nugget, Inc., 2020 Initial Term Loan, (3 mo. LIBOR + 12.00%, 1.00% Floor), 13.00%, 10/04/23(c)			80		90,059
Herschend Entertainment Co. LLC, Term Loan B, (3 mo. LIBOR + 5.75%, 1.00% Floor), 6.75%, 08/25/25(c)			230		219,650
IRB Holding Corp., 2020 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 02/05/25			878		836,957
KFC Holding Co., 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 1.90%, 04/03/25			499		486,830
Playa Resorts Holding BV, 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 04/29/24			163		142,288
Playtika Holding Corp., Term Loan B, (6 mo. LIBOR + 6.00%, 1.00% Floor), 7.00%, 12/10/24			482		481,970
Scientific Games International, Inc., 2018 Term Loan B5, (1 mo. LIBOR + 2.75%), 3.61%, 08/14/24			363		340,621
Stars Group Holdings BV, 2018 USD Incremental Term Loan, (3 mo. LIBOR + 3.50%), 3.72%, 07/10/25			628		625,384
Station Casinos LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.25%), 2.50%, 02/08/27			848		809,101
Whatabrands LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%), 2.91%, 08/02/26			1,016		994,757
Wyndham Hotels & Resorts, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 1.90%, 05/30/25			203		195,457
					13,168,316
Household Durables — 0.0%
Reynolds Consumer Products LLC, Term Loan, (1 mo. LIBOR + 1.75%), 1.90%, 02/04/27(b)			154		152,326
Independent Power and Renewable Electricity Producers(b) — 0.4%
Calpine Construction Finance Co. LP, 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 2.15%, 01/15/25			894		865,201
Calpine Corp.
2019 Term Loan B10, (1 mo. LIBOR + 2.00%), 2.15%, 08/12/26			991		960,811
Term Loan B9, (1 mo. LIBOR + 2.25%), 2.40%, 04/06/26			273		264,940
					2,090,952

20

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Industrial Conglomerates(b) — 0.7%
Sequa Mezzanine Holdings LLC, 2020 Extended Term Loan, (3 mo. LIBOR + 6.75%, 1.00% Floor), 7.75%, 11/28/23	USD		473	$	447,544
Vertical US Newco, Inc., USD Term Loan B, (3 mo. LIBOR + 4.25%), 4.57%, 07/30/27			744		736,962
Vertiv Group Corpo., Term Loan B, (1 mo. LIBOR + 3.00%), 3.16%, 03/02/27			3,091		3,038,468
					4,222,974
Insurance(b) — 1.6%
Alliant Holdings I, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 2.90%, 05/09/25			1,338		1,297,708
Alliant Holdings Intermediate LLC, Term Loan B, (1 mo. LIBOR + 3.25%), 3.40%, 05/09/25			286		280,825
AmWINS Group, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 01/25/24			1,305		1,292,016
AssuredPartners Capital, Inc., 2020 Incremental Term Loan B, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 02/13/27			168		167,385
AssuredPartners, Inc., 2020 Term Loan B, (1 mo. LIBOR + 3.50%), 3.65%, 02/13/27			546		529,473
Davis Vision, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 12/02/24			864		860,994
HUB International Ltd.
2018 Term Loan B, (3 mo. LIBOR + 3.00%), 3.26%, 04/25/25			1,429		1,379,077
2019 Incremental Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 04/25/25			704		700,382
Ryan Specialty Group LLC, Term Loan, (1 mo. LIBOR + 3.25%), 4.00%, 09/01/27			660		652,991
Sedgwick Claims Management Services, Inc.
2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.40%, 12/31/25			1,138		1,095,499
2019 Term Loan B, (1 mo. LIBOR + 4.00%), 4.15%, 09/03/26			625		614,735
2020 Term Loan B3, (1 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 09/03/26			381		377,711
					9,248,796
Interactive Media & Services(b) — 0.7%
Ancestry.com Operations Inc., 2019 Extended Term Loan B, (1 mo. LIBOR + 4.25%), 4.40%, 08/27/26			113		112,907
Ancestry.com Operations, Inc., Non-Extended Term Loan B, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 10/19/23			948		946,650
Camelot US Acquisition 1 Co., 2020 Incremental Term Loan B, (1 mo. LIBOR + 3.00%), 4.25%, 10/31/26			1,638		1,629,122
Go Daddy Operating Co. LLC, 2020 Term Loan B3, (1 mo. LIBOR + 2.50%), 2.65%, 08/10/27			842		828,386
Rackspace Hosting, Inc., 2017 Incremental 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 11/03/23			136		132,997
TierPoint LLC, 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 05/06/24			439		426,023
					4,076,085
IT Services(b) — 2.4%
Camelot U.S. Acquisition 1 Co., Term Loan B, (1 mo. LIBOR + 3.00%), 3.15%, 10/31/26			1,874		1,836,106

Security		Par (000)		Value
IT Services (continued)
Flexential Intermediate Corp., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 1.00% Floor), 7.50%, 08/01/25	USD		273	$	160,387
Greeneden US Holdings II LLC, 2018 USD Term Loan B, (1 mo. LIBOR + 3.25%), 3.40%, 12/01/23 ..			2,381		2,372,361
PUG LLC, USD Term Loan, (1 mo. LIBOR + 3.50%), 3.65%, 02/12/27			1,238		1,087,463
Sophia LP, 2020 1st Lien Term Loan, (1 mo. LIBOR + 4.00%), 5.00%, 09/22/27			2,102		2,086,760
Trans Union LLC, 2019 Term Loan B5, (1 mo. LIBOR + 1.75%), 1.90%, 11/16/26			1,436		1,397,986
Veritas US, Inc., 2020 USD Term Loan B, (3 mo. LIBOR + 5.50%, 1.00% Floor), 6.50%, 09/01/25			3,184		3,112,583
WEX, Inc., Term Loan B3, (1 mo. LIBOR + 2.25%), 2.40%, 05/15/26			1,595		1,537,618
					13,591,264
Life Sciences Tools & Services(b) — 0.2%
Albany Molecular Research, Inc., 2017 2nd Lien Term Loan, (3 mo. LIBOR + 7.00%, 1.00% Floor), 8.00%, 08/30/25			130		127,833
eResearchTechnology, Inc., 2020 1st Lien Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 02/04/27			1,060		1,054,818
					1,182,651
Machinery(b) — 0.6%
Columbus McKinnon Corp., 2018 Term Loan B, (3 mo. LIBOR + 2.50%, 1.00% Floor), 3.50%, 01/31/24(c)			59		58,304
Ingersoll-Rand Services Co., 2020 USD Spinco Term Loan, (1 mo. LIBOR + 1.75%), 1.90%, 02/28/27			870		840,397
Terex Corp., 2019 Term Loan B1, (1 mo. LIBOR + 2.75%), 3.50%, 01/31/24(c)			115		112,364
Titan Acquisition Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.00%), 3.36%, 03/28/25			2,344		2,208,191
					3,219,256
Media(b) — 5.2%
Altice Financing SA
2017 USD Term Loan B, (1 mo. LIBOR + 2.75%), 2.90%, 07/15/25			446		425,340
USD 2017 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 2.89%, 01/31/26			537		506,379
Altice France SA, 2018 Term Loan B13, (1 mo. LIBOR + 4.00%), 4.15%, 08/14/26			1,349		1,307,536
Cable One, Inc., 2017 Term Loan B, (1 mo. LIBOR + 1.75%), 1.90%, 05/01/24			126		124,272
Charter Communications Operating LLC, 2019 Term Loan B1, (1 mo. LIBOR + 1.75%), 1.90%, 04/30/25			1,373		1,347,307
Clear Channel Outdoor Holdings, Inc., Term Loan B, (3 mo. LIBOR + 3.50%), 3.76%, 08/21/26			2,580		2,342,425
Cogeco Communications Finance (USA) LP, Term Loan B, (1 mo. LIBOR + 2.00%), 2.15%, 01/03/25			79		76,892
Connect Finco Sarl, Term Loan B, (1 mo. LIBOR + 0.45%, 1.00% Floor), 4.65%, 12/12/26			3,165		3,064,195
CSC Holdings LLC
2017 Term Loan B1, (1 mo. LIBOR + 2.25%), 2.40%, 07/17/25			659		636,318

S C H E D U L E  O F  I N V E S T M E N T  S 21

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Media (continued)
CSC Holdings LLC (continued)
2019 Term Loan B5, (1 mo. LIBOR + 2.50%), 2.65%, 04/15/27	USD		1,015	$	982,637
Gray Television, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 2.41%, 02/07/24			684		668,296
Intelsat Jackson Holdings SA
2017 Term Loan B3, (PRIME + 4.75%), 8.00%, 11/27/23			145		145,503
2020 DIP Term Loan, (3 mo. LIBOR + 5.50%, 1.00% Floor), 6.50%, 07/13/22			25		25,502
Learfield Communications LLC, 2016 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/01/23			1,790		1,516,170
Liberty Latin America Ltd., Term Loan B, (1 mo. LIBOR + 5.00%), 5.15%, 10/15/26			409		408,149
Lions Gate Capital Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 2.40%, 03/24/25			527		507,336
Live Nation Entertainment, Inc., Term Loan B4, (1 mo. LIBOR + 1.75%), 1.94%, 10/19/26			1,003		931,627
MH Sub I LLC
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 3.65%, 09/13/24			1,633		1,585,700
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 09/15/24			288		284,403
Midcontinent Communications, 2019 Term Loan B, (1 mo. LIBOR + 1.75%), 1.90%, 08/15/26			261		255,654
Nexstar Broadcasting, Inc., 2019 Term Loan B4, (1 mo. LIBOR + 2.75%), 2.91%, 09/19/26			511		499,130
PSAV Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 03/03/25			1,313		975,076
Radiate Holdco LLC
1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.75%, 09/25/26			953		935,642
2020 Term Loan, (1 mo. LIBOR + 3.50%), 4.25%, 09/25/26			316		310,351
Sinclair Television Group, Inc., Term Loan B2, (1 mo. LIBOR + 2.25%), 2.40%, 01/03/24			226		220,184
Terrier Media Buyer, Inc., Term Loan B, (1 mo. LIBOR + 4.25%), 4.40%, 12/17/26			1,022		995,362
Trader Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 09/28/23			1,480		1,435,140
UFC Holdings LLC, 2019 Term Loan, (6 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 04/29/26			277		271,374
Virgin Media Bristol LLC
2020 USD Term Loan Q, 3.50%, 01/31/29(n)			917		900,522
USD Term Loan N, (1 mo. LIBOR + 2.50%), 2.65%, 01/31/28			953		923,702
William Morris Endeavor Entertainment LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 2.90%, 05/18/25			1,207		1,027,449
Zayo Group Holdings, Inc., USD Term Loan, (1 mo. LIBOR + 3.00%), 3.15%, 03/09/27			4,601		4,458,596
					30,094,169

Security		Par (000)		Value
Metals & Mining — 0.1%
Ball Metalpack LLC, 2018 1st Lien Term Loan B, (3 mo. LIBOR + 4.50%), 4.76%, 07/31/25(b)	USD		671	$	643,424
Multiline Retail — 0.0%
Neiman Marcus Group Ltd. LLC, 2020 Exit Term Loan, (3 mo. LIBOR + 12.00%, 1.00% Floor), 13.00%, 09/25/25(b)			103		105,726
Oil, Gas & Consumable Fuels(b) — 0.1%
California Resources Corp., Second Out Term Loan, 5.00%, 12/31/21(f)(h)(n)			600		11,509
CITGO Holding, Inc., 2019 Term Loan B, (3 mo. LIBOR + 7.00%, 1.00% Floor), 8.00%, 08/01/23			2		1,854
Edgewater Generation LLC, Term Loan, (1 mo. LIBOR + 3.75%), 3.90%, 12/13/25			442		427,192
EG Group Ltd., 2018 USD Term Loan B, (3 mo. LIBOR + 4.00%), 4.22%, 02/07/25			249		243,225
McDermott Technology Americas, Inc.
2020 Make Whole Term Loan, (1 mo. LIBOR + 3.00%), 3.15%, 06/30/24(c)			16		13,567
2020 Take Back Term Loan, (1 mo. LIBOR + 4.00%), 4.15%, 06/30/25			108		80,779
					778,126
Personal Products — 0.4%
Sunshine Luxembourg VII Sarl, USD Term Loan B1, (6 mo. LIBOR + 4.25%, 1.00% Floor), 5.32%, 09/25/26(b)			2,064		2,049,666
Pharmaceuticals(b) — 1.5%
Amneal Pharmaceuticals LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%), 3.69%, 05/04/25			858		806,354
Catalent Pharma Solutions, Inc., Term Loan B2, (1 mo. LIBOR + 2.25%, 1.00% Floor), 3.25%, 05/18/26			987		981,015
Elanco Animal Health, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 1.91%, 08/01/27			862		836,804
Grifols Worldwide Operations USA, Inc., USD 2019 Term Loan B, (1 Week LIBOR + 2.00%), 2.10%, 11/15/27			704		688,230
Jaguar Holding Co. II, 2018 Term Loan, (1 mo. LIBOR + 2.50%, 1.00% Floor), 3.50%, 08/18/22			2,706		2,693,332
Valeant Pharmaceuticals International, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 3.15%, 06/02/25			2,949		2,887,240
					8,892,975
Professional Services(b) — 0.5%
Dun & Bradstreet Corp., Term Loan, (1 mo. LIBOR + 3.75%), 3.89%, 02/06/26			2,730		2,698,310
STG-Fairway Holdings LLC, Term Loan B, (3 mo. LIBOR + 3.25%), 3.47%, 01/31/27(c)			472		461,201
					3,159,511
Real Estate Management & Development(b) — 0.3%
CityCenter Holdings LLC, 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 3.00%, 04/18/24			860		823,269

22

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Real Estate Management & Development (continued)
Cushman & Wakefield U.S. Borrower LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%), 2.90%, 08/21/25	USD		567	$	545,724
Realogy Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 3.00%, 02/08/25			83		79,902
					1,448,895
Road & Rail(b) — 0.6%
Lineage Logistics Holdings LLC, 2018 Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 02/27/25			2,537		2,498,492
Road Infrastructure Investment LLC, 2016 1st Lien Term Loan, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 06/13/23			783		709,609
SIRVA Worldwide, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 5.50%), 5.65%, 08/04/25			394		326,014
					3,534,115
Semiconductors & Semiconductor Equipment(b) — 0.2%
Cabot Microelectronics Corporation, 2019 Term Loan B1, (1 mo. LIBOR + 2.00%), 2.19%, 11/17/25			466		455,499
Microchip Technology, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 2.15%, 05/29/25(c)			439		437,015
					892,514
Software(b) — 6.7%
Applied Systems, Inc.
2017 1st Lien Term Loan, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 09/19/24			1,603		1,591,279
2017 2nd Lien Term Loan, (3 mo. LIBOR + 7.00%, 1.00% Floor), 8.00%, 09/19/25			250		252,286
BMC Software Finance, Inc., 2018 USD Term Loan B, (1 mo. LIBOR + 4.25%), 4.40%, 10/02/25			864		836,261
By Crown Parent LLC, Term Loan B1, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 01/31/26			1,236		1,219,507
Castle US Holding Corp., USD Term Loan B, (3 mo. LIBOR + 3.75%), 3.97%, 01/31/27			909		872,062
Cornerstone OnDemand, Inc., Term Loan B, (1 mo. LIBOR + 4.25%), 4.41%, 04/22/27			495		493,659
Cypress Intermediate Holdings III, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 04/29/24			1,866		1,850,371
Digicel International Finance Ltd., 2017 Term Loan B, (6 mo. LIBOR + 3.25%), 3.80%, 05/27/24			495		433,428
DTI Holdco, Inc., 2018 Term Loan B, (3 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 09/29/23			491		427,366
Epicor Software Corp.
2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 8.75%, 07/31/28			850		871,250
2020 Term Loan, (1 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 07/31/27			1,524		1,520,111
Financial & Risk US Holdings, Inc., 2018 USD Term Loan, (1 mo. LIBOR + 3.25%), 3.40%, 10/01/25			4,096		4,051,371
Informatica LLC
2020 USD 2nd Lien Term Loan, (Fixed + 7.13%), 7.13%, 02/25/25			679		688,621
2020 USD Term Loan B, (1 mo. LIBOR + 3.25%), 3.40%, 02/25/27			3,248		3,172,228
McAfee LLC, 2018 USD Term Loan B, (1 mo. LIBOR + 3.75%), 3.90%, 09/30/24			1,603		1,589,378

Security		Par (000)		Value
Software (continued)
Mitchell International, Inc.
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 3.40%, 11/29/24	USD		736	$	702,117
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 7.40%, 12/01/25			267		252,134
2020 Add-On Term Loan, (1 mo. LIBOR + 4.25%), 4.75%, 12/01/24			838		820,720
Netsmart Technologies, Inc., 2020 Term Loan B, 5.00%, 09/22/27(n)			569		566,297
Renaissance Holding Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 3.40%, 05/30/25			32		30,414
Severin Acquisition LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.41%, 08/01/25			1,410		1,366,019
SolarWinds Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 2.90%, 02/05/24			702		687,391
Solera LLC, USD Term Loan B, (2 mo. LIBOR + 2.75%), 2.94%, 03/03/23			1,335		1,305,560
Sophia LP, 2017 Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 09/30/22			1,882		1,872,609
SS&C Technologies Holdings Europe Sarl, 2018 Term Loan B4, (1 mo. LIBOR + 1.75%), 1.90%, 04/16/25			580		560,970
SS&C Technologies, Inc.
2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 1.90%, 04/16/25			826		798,917
2018 Term Loan B5, (1 mo. LIBOR + 1.75%), 1.90%, 04/16/25			265		256,683
Tempo Acquisition LLC, 2020 Extended Term Loan, (1 mo. LIBOR + 3.25%), 3.75%, 11/02/26			2,755		2,668,536
Tibco Software Inc., 2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 7.40%, 03/04/28			1,429		1,393,366
Ultimate Software Group, Inc.
2020 2nd Lien Incremental Term Loan, (3 mo. LIBOR + 6.75%), 7.50%, 05/03/27			794		807,236
2020 Incremental Term Loan B, (3 mo. LIBOR + 4.00%), 4.75%, 05/03/26			2,457		2,448,106
Term Loan B, (1 mo. LIBOR + 3.75%), 3.90%, 05/03/26			2,358		2,334,953
					38,741,206
Specialty Retail(b) — 1.1%
Belron Finance US LLC
2018 Term Loan B, (3 mo. LIBOR + 2.50%), 2.75%, 11/13/25			183		180,004
2019 USD Term Loan B, (3 mo. LIBOR + 2.50%), 2.77%, 11/13/25			417		411,118
USD Term Loan B, (3 mo. LIBOR + 2.50%), 2.74%, 11/07/24			741		729,929
CD&R Firefly Bidco Ltd., 2018 GBP Term Loan B1, (LIBOR - GBP + 4.50%), 5.18%, 06/23/25	GBP		1,000		1,246,800
IAA, Inc., Term Loan B, (1 mo. LIBOR + 2.25%), 2.44%, 06/28/26(c)	USD		286		281,525
MED ParentCo LP
1st Lien Delayed Draw Term Loan, (1 mo. LIBOR + 4.25%), 4.40%, 08/31/26			118		111,626
1st Lien Term Loan, (1 mo. LIBOR + 4.25%), 4.40%, 08/31/26			671		636,201

S C H E D U L E  O F  I N V E S T M E N T  S 23

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Specialty Retail (continued)
Midas Intermediate Holdco II LLC, Incremental Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 08/18/21	USD		537	$	500,181
PetSmart, Inc., Consenting Term Loan, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 03/11/22			1,877		1,871,284
Research Now Group, Inc., 2017 1st Lien Term Loan, (6 mo. LIBOR + 5.50%, 1.00% Floor), 6.50%, 12/20/24			384		362,818
					6,331,486
Technology Hardware, Storage & Peripherals(b) — 0.2%
Electronics for Imaging, Inc., Term Loan, (1 mo. LIBOR + 5.00%), 5.15%, 07/23/26			530		427,291
Western Digital Corp., 2018 Term Loan B4, (1 mo. LIBOR + 1.75%), 1.91%, 04/29/23			749		742,296
					1,169,587
Thrifts & Mortgage Finance — 0.2%
IG Investment Holdings LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 05/23/25(b)			1,169		1,149,429
Trading Companies & Distributors — 0.2%
HD Supply, Inc., Term Loan B5, (1 mo. LIBOR + 1.75%), 1.90%, 10/17/23(b)			1,074		1,069,381
Utilities — 0.1%
ExGen Renewables IV LLC, Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 11/28/24(b) .			720		717,830
Wireless Telecommunication Services(b) — 1.0%
Ligado Networks LLC, PIK Exit Term Loan, (1 mo. LIBOR + 11.75%), 8.50%, 12/07/20(f)(h)			107		97,413
SBA Senior Finance II LLC, 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 1.90%, 04/11/25			1,077		1,048,013
T-Mobile USA, Inc., 2020 Term Loan, (1 mo. LIBOR + 3.00%), 3.15%, 04/01/27			2,867		2,862,457
Xplornet Communications, Inc., 2020 Term Loan B, (1 mo. LIBOR + 4.75%), 4.90%, 06/10/27			1,546		1,514,244
					5,522,127
Total Floating Rate Loan Interests — 45.3% (Cost: $265,813,769)					261,284,167
Foreign Agency Obligations
Bahrain — 0.1%
Bahrain Government International Bond, 6.75%, 09/20/29			200		214,000
CBB International Sukuk Co. 7 SPC, 6.88%, 10/05/25			400		445,000
					659,000
Colombia — 0.3%
Colombia Government International Bond
4.50%, 01/28/26(g)			1,354		1,496,593
3.88%, 04/25/27			200		216,000
					1,712,593
Dominican Republic — 0.2%
Dominican Republic International Bond
5.50%, 01/27/25			159		168,937
5.95%, 01/25/27			491		526,751

Security		Par (000)		Value
Dominican Republic (continued)
Dominican Republic International Bond (continued)
4.88%, 09/23/32(a)	USD		185	$	183,150
6.40%, 06/05/49			150		150,422
					1,029,260
Egypt — 0.3%
Egypt Government International Bond
5.75%, 05/29/24(a)			215		219,838
5.88%, 06/11/25			335		343,584
7.60%, 03/01/29			816		834,615
8.50%, 01/31/47(a)			321		309,765
					1,707,802
Iceland — 0.6%
Iceland Government International Bond, 5.88%, 05/11/22			3,030		3,246,367
Indonesia — 0.2%
Indonesia Government International Bond
4.75%, 01/08/26			348		404,332
4.10%, 04/24/28(g)			650		738,562
5.35%, 02/11/49(g)			200		264,813
					1,407,707
Mexico — 0.2%
Mexico Government International Bond, 4.15%, 03/28/27(g)			1,052		1,169,298
Mongolia — 0.1%
Mongolia Government International Bond, 8.75%, 03/09/24			250		279,453
Panama — 0.1%
Panama Government International Bond
3.16%, 01/23/30(g)			445		483,382
4.50%, 04/16/50			211		263,486
					746,868
Paraguay — 0.1%
Paraguay Government International Bond
4.95%, 04/28/31			300		346,500
5.40%, 03/30/50			200		242,125
					588,625
Peru — 0.1%
Peruvian Government International Bond
2.78%, 01/23/31			354		383,028
5.63%, 11/18/50			165		263,227
					646,255
Portugal — 0.6%
Portugal Government International Bond, 5.13%, 10/15/24(a)			3,190		3,735,915
Qatar — 0.2%
Qatar Government International Bond
4.50%, 04/23/28			456		544,350
4.00%, 03/14/29(a)(g)			473		552,819
4.40%, 04/16/50			208		268,060
					1,365,229
Romania — 0.1%
Romanian Government International Bond, 3.00%, 02/14/31(a)			280		287,350

24

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Russia — 0.1%
Russian Foreign Bond - Eurobond
4.75%, 05/27/26	USD		400	$	458,000
4.25%, 06/23/27			200		225,000
					683,000
Saudi Arabia — 0.2%
Saudi Government International Bond, 4.50%, 04/17/30			795		951,019
South Africa — 0.0%
Republic of South Africa Government International Bond, 5.88%, 05/30/22			200		210,750
Sri Lanka — 0.1%
Sri Lanka Government International Bond
6.85%, 03/14/24			200		146,625
6.35%, 06/28/24			200		144,313
7.85%, 03/14/29			400		275,625
7.55%, 03/28/30			200		135,000
					701,563
Ukraine — 0.2%
Ukraine Government International Bond
7.75%, 09/01/22			118		121,304
8.99%, 02/01/24			200		208,700
9.75%, 11/01/28			236		254,732
7.25%, 03/15/33(a)			400		367,000
					951,736
Total Foreign Agency Obligations — 3.8% (Cost: $21,110,925)					22,079,790
		Shares
Investment Companies
Fixed Income Funds — 0.7%
Invesco Senior Loan ETF			107,601		2,339,246
iShares iBoxx $ Investment Grade Corporate Bond ETF(o)			10,000		1,347,100
					3,686,346
Total Investment Companies — 0.7% (Cost: $3,664,552)					3,686,346
		Par (000)
Non-Agency Mortgage-Backed Securities
Collateralized Mortgage Obligations — 0.8%
Alternative Loan Trust, Series 2007-19, Class 1A1, 6.00%, 08/25/37	USD		672		496,245
Countrywide Alternative Loan Trust
Series 2005-54CB, Class 3A4, 5.50%, 11/25/35			1,504		1,211,588
Series 2006-J8, Class A5, 6.00%, 02/25/37			2,210		1,441,197
Countrywide Home Loan Mortgage Pass-Through Trust
Series 2005-17, Class 1A6, 5.50%, 09/25/35			226		224,809
Series 2006-17, Class A2, 6.00%, 12/25/36			863		585,464

Security			Par (000)		Value
Collateralized Mortgage Obligations (continued)
Countrywide Home Loan Mortgage Pass-Through Trust (continued)
Series 2007-HY5, Class 3A1, 3.11%, 09/25/37(d)		USD		571	$	546,872
GSR Mortgage Loan Trust, Series 2005-AR5, Class 2A3, 3.08%, 10/25/35(d)				437		324,003
						4,830,178
Commercial Mortgage-Backed Securities — 0.9%
Banc of America Merrill Lynch Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.72%, 04/14/33(a)(d)				4,830		5,134,276
Total Non-Agency Mortgage-Backed Securities — 1.7% (Cost: $9,843,410)						9,964,454
	Benefical Interest (000)
Other Interests(f)(p)
Auto Components — 0.0%
Lear Corp. Escrow(c)		USD		1,000		10
IT Services(c) — 0.0%
Millennium Corp				918		—
Millennium Lender Claims				861		—
						—
Total Other Interests — 0.0% (Cost: $ — )						10
			Par (000)
Preferred Securities
Capital Trusts — 6.8%
Automobiles — 0.1%
General Motors Financial Co., Inc., Series C, 5.70%(i)(j)		USD		365		366,369
Banks — 0.8%
Al Ahli Bank of Kuwait KSCP, 7.25%(i)(j)				200		203,375
Banco Mercantil del Norte SA, 6.75%(a)(i)(j)				396		389,317
Bank of East Asia Ltd., 5.88%(i)(j)				250		250,312
Bankia SA, 6.38%(i)(j)		EUR		200		239,534
BBVA Bancomer SA, 5.13%(i)		USD		220		211,063
Burgan Bank SAK, 5.75%(i)(j)				250		247,344
CIT Group, Inc., Series A, 5.80%(i)(j)				235		188,954
HBOS Capital Funding LP, 6.85%(j)				110		111,650
Nanyang Commercial Bank Ltd., 5.00%(i)(j)				200		197,813
TMB Bank PCL, 4.90%(i)(j)				250		237,578
Wells Fargo & Co.(g)(i)(j)
Series S, 5.90%				1,500		1,533,145
Series U, 5.88%				763		821,455
						4,631,540
Consumer Finance — 0.5%
Capital One Financial Corp., Series E, 4.05%(g)(i)(j)				3,000		2,651,790
Diversified Financial Services(i)(j) — 4.3%
Bank of America Corp.(g)
Series AA, 6.10%				1,038		1,129,977
Series DD, 6.30%				215		242,972
Series U, 5.20%				1,250		1,257,461

S C H E D U L E  O F  I N V E S T M E N T  S 25

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Par (000)		Value
Diversified Financial Services (continued)
Bank of America Corp.(g) (continued)
Series X, 6.25%	USD		1,929	$	2,061,136
Series Z, 6.50%			143		158,945
BNP Paribas SA, 4.50%(a)			205		196,544
Credit Agricole SA, 6.50%	EUR		100		119,866
Credit Suisse Group AG
5.10%(a)	USD		200		193,000
6.38%(a)(g)			495		529,031
6.25%			200		214,228
Goldman Sachs Group, Inc., Series M, 4.17%(g)			1,730		1,700,244
HSBC Holdings PLC(g)
6.25%			695		699,344
6.00%			415		425,375
JPMorgan Chase & Co.
Series FF, 5.00%(g)			865		863,509
Series HH, 4.60%			253		247,940
Series I, 3.74%(g)			146		139,995
Series R, 6.00%(g)			120		123,000
Series S, 6.75%			85		92,013
Series U, 6.13%(g)			6,690		6,948,355
Series V, 3.55%(g)			4,060		3,756,312
Morgan Stanley, Series H, 3.85%(g)			2,146		2,025,287
Natwest Group PLC(g)
6.00%			1,185		1,205,737
8.63%			200		205,000
Woori Bank, 4.25%			250		254,687
					24,789,958
Diversified Telecommunication Services(i)(j) — 0.0%
Telefonica Europe BV
5.88%	EUR		100		128,912
4.38%			100		123,454
					252,366
Electric Utilities(i) — 0.4%
Naturgy Finance BV, 3.38%(j)			100		120,031
NextEra Energy Capital Holdings, Inc., 5.65%, 05/01/79(g)	USD		1,750		1,978,236
					2,098,267
Electronic Equipment, Instruments & Components — 0.0%
Belden, Inc., 4.13%, 10/15/26	EUR		100		119,004
Insurance(i) — 0.7%
Achmea BV, 4.63%(j)			200		232,647
Heungkuk Life Insurance Co. Ltd., 4.48%(j)	USD		200		200,000
Voya Financial, Inc., 5.65%, 05/15/53(g)			3,500		3,596,250
					4,028,897
Utilities — 0.0%
Electricite de France SA, 3.00%(i)(j)	EUR		200		228,625
Wireless Telecommunication Services — 0.0%
Vodafone Group PLC, 3.10%, 01/03/79(i)			100		119,150
Total Capital Trusts — 6.8%					39,285,966

Security		Shares		Value
Preferred Stocks — 1.7%
Banks — 0.0%
CF-B L2 (D) LLC, (Acquired 04/08/15, Cost: $132,662)(q)			135,568	$	10,710
Capital Markets(i)(j) — 1.7%
Goldman Sachs Group, Inc., Series J, 5.50%			202,526		5,368,964
Morgan Stanley
Series F, , 6.88%			120,000		3,258,000
Series K, , 5.85%			53,253		1,457,002
					10,083,966
Total Preferred Stocks — 1.7%					10,094,676
Trust Preferred — 0.5%
Diversified Financial Services — 0.5%
GMAC Capital Trust I, Series 2, 6.07%, 02/15/40(i)			105,753		2,640,653
Total Preferred Securities — 9.0% (Cost: $51,448,519)					52,021,295
		Par (000)
U.S. Government Sponsored Agency Securities
Collateralized Mortgage Obligations — 0.3%
Fannie Mae Connecticut Avenue Securities, Series 2017-C03, Class 1M2, (1 mo. LIBOR US + 3.00%), 3.15%, 10/25/29(b)	USD		1,470		1,462,241
Mortgage-Backed Securities — 0.2%
Freddie Mac Mortgage-Backed Securities, Series K042, Class X1, 1.17%, 12/25/24(d)			33,456		1,268,987
Uniform Mortgage-Backed Securities, 5.00%, 08/01/23			18		19,200
					1,288,187
Total U.S. Government Sponsored Agency Securities — 0.5% (Cost: $2,845,796)					2,750,428
U.S. Treasury Obligations
U.S. Treasury Bonds, 2.88%, 05/15/49(g)			1,350		1,812,428
U.S. Treasury Notes, 2.75%, 04/30/23 - 08/31/25(g)			14,150		15,429,775
Total U.S. Treasury Obligations — 3.0% (Cost: $15,446,614)					17,242,203
		Shares
Warrants
Metals & Mining — 0.0%
AFGlobal Corp. (Expires 12/20/20)(c)			2,542		—

26

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security	Shares		Value
Oil, Gas & Consumable Fuels — 0.0%
SM Energy Co. (Expires 06/30/23)		12,030	$	19,007
Total Warrants — 0.0% (Cost: $51,609)				19,007
Total Long-Term Investments — 147.2% (Cost: $844,549,358)				848,095,729
Options Purchased — 0.3% (Cost: $1,764,309)				1,628,094
Total Investments Before Options Written — 147.5% (Cost: $846,313,667)				849,723,823
Options Written — (0.7)% (Premiums Received: $(3,772,202))				(3,701,285	)
Total Investments, Net of Options Written — 146.8% (Cost: $842,541,465)				846,022,538
Liabilities in Excess of Other Assets — (46.8)%				(269,709,346	)
Net Assets — 100.0%			$	576,313,192

^(a)  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.

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

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

^(d)  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.

^(e)  Step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate as of period end.

^(f)  Non-income producing security.

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

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

⁽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)  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.

^(l)  When-issued security.

^(m)  Zero-coupon bond.

⁽ⁿ⁾  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.

^(o)  Affiliate of the Fund.

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

^(q)  Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $10,710, representing less than 0.05% of its net assets as of period end, and an original cost of $132,662.

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended September 30, 2020, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 12/31/19		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 09/30/20		Shares Held at 09/30/20		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds, T-Fund, Institutional Class(a)	$	1,358,645	$	—	$	(1,358,645	)(b)	$	—	$	—	$	—		—	$	19,177	$	—
iShares iBoxx $ Investment Grade Corporate Bond ETF		—		2,539,388		(1,380,769	)		111,075		77,406		1,347,100		10,000		18,550		—
								$	111,075	$	77,406	$	1,347,100			$	37,727	$	—

^(a)  As of period end, the entity is no longer held.

^(b)  Represents net amount purchased (sold).

For Fund compliance purposes, the Fund’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.

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)

HSBC Securities (USA), Inc.

0.13

%(b)

07/17/19

Open

$

6,512,000

$

6,604,555

U.S. Treasury Obligations

Open/Demand

HSBC Securities (USA), Inc.

0.13

(b)

07/17/19

Open

8,316,000

8,434,196

U.S. Treasury Obligations

Open/Demand

BNP Paribas S.A.

0.14

(b)

01/02/20

Open

1,498,500

1,505,595

U.S. Treasury Obligations

Open/Demand

Barclays Capital Inc.

(0.25

)(b)

01/21/20

Open

168,670

169,111

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

01/21/20

Open

1,673,415

1,688,383

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.25

(b)

01/21/20

Open

581,819

588,045

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.25

(b)

01/21/20

Open

1,549,082

1,565,660

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.25

(b)

01/21/20

Open

396,664

400,909

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

01/31/20

Open

446,985

449,189

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.25

(b)

02/12/20

Open

548,367

553,482

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

02/26/20

Open

128,060

129,082

Corporate Bonds

Open/Demand

Credit Suisse Securities (USA) LLC

0.30

(b)

03/02/20

Open

222,430

224,176

Foreign Agency Obligations

Open/Demand

S C H E D U L E  O F  I N V E S T M E N T  S 27

Schedule of Investments (unaudited) (continued) September 30, 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)

Credit Suisse Securities (USA) LLC

0.30

%(b)

03/02/20

Open

$

225,000

$

225,846

Foreign Agency Obligations

Open/Demand

Goldman Sachs & Co.

0.25

(b)

03/02/20

Open

397,350

398,379

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.25

(b)

03/02/20

Open

288,576

289,324

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.25

(b)

03/02/20

Open

253,869

254,526

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.50

(b)

03/02/20

Open

221,038

221,934

Foreign Agency Obligations

Open/Demand

Goldman Sachs & Co.

0.55

(b)

03/02/20

Open

531,421

533,732

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.55

(b)

03/02/20

Open

553,155

555,561

Capital Trusts

Open/Demand

Goldman Sachs & Co.

0.60

(b)

03/02/20

Open

391,957

393,776

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

03/09/20

Open

7,341

7,376

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.45

(b)

03/23/20

Open

85,000

85,254

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.04

(b)

03/25/20

Open

178,600

179,575

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.45

(b)

03/26/20

Open

118,000

118,345

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

0.45

(b)

03/26/20

Open

110,000

110,321

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

0.45

(b)

03/26/20

Open

201,000

201,587

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

0.45

(b)

03/26/20

Open

194,000

194,567

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

0.45

(b)

03/26/20

Open

139,000

139,406

Capital Trusts

Open/Demand

Barclays Capital Inc.

1.25

(b)

04/03/20

Open

47,765

48,060

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.25

(b)

04/06/20

Open

120,201

120,940

Corporate Bonds

Open/Demand

J.P. morgan Securities LLC

0.75

(b)

04/14/20

Open

100,430

100,784

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

04/15/20

Open

2,897,437

2,910,959

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

04/15/20

Open

2,191,031

2,201,256

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

04/15/20

Open

678,750

681,917

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.10

(b)

04/15/20

Open

182,440

183,377

Foreign Agency Obligations

Open/Demand

Barclays Capital Inc.

1.25

(b)

04/20/20

Open

3,110,250

3,127,961

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

04/27/20

Open

241,380

242,553

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.45

(b)

04/30/20

Open

506,606

507,575

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.25

(b)

04/30/20

Open

644,831

648,257

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.25

(b)

04/30/20

Open

966,219

971,352

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

(b)

05/11/20

Open

774,367

777,727

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

(b)

05/11/20

Open

613,319

615,999

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.65

(b)

05/12/20

Open

578,587

580,071

Capital Trusts

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/12/20

Open

822,429

826,970

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/12/20

Open

1,207,860

1,214,530

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/12/20

Open

1,366,845

1,374,393

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/12/20

Open

1,015,985

1,021,595

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/12/20

Open

814,196

818,692

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/12/20

Open

625,625

629,080

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.55

(b)

05/12/20

Open

1,287,562

1,295,379

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

670,312

674,940

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

574,892

578,861

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

473,688

476,957

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

638,711

643,120

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

508,524

512,034

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

524,287

527,907

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

469,391

472,631

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

547,392

551,171

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/12/20

Open

641,932

646,364

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

05/15/20

Open

1,169,136

1,173,987

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.65

(b)

05/21/20

Open

677,119

678,745

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/21/20

Open

467,940

470,360

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/21/20

Open

461,213

463,598

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

05/21/20

Open

461,125

463,510

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.40

(b)

05/21/20

Open

429,660

431,882

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.40

(b)

05/21/20

Open

503,291

505,894

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.40

(b)

05/22/20

Open

778,365

782,361

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

05/28/20

Open

354,149

356,301

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.65

(b)

06/01/20

Open

301,394

301,063

Capital Trusts

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

317,000

318,504

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

412,070

414,025

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

381,769

383,580

Capital Trusts

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

387,296

389,134

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

426,883

428,908

Corporate Bonds

Open/Demand

28

Schedule of Investments (unaudited) (continued) September 30, 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)

Barclays Capital Inc.

1.40

%(b)

06/01/20

Open

$

328,188

$

329,745

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

492,240

494,575

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

415,063

417,032

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

370,178

371,934

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/01/20

Open

406,568

408,496

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

(b)

06/01/20

Open

435,870

437,495

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.20

(b)

06/01/20

Open

482,813

484,776

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.25

(b)

06/01/20

Open

400,514

402,210

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.45

(b)

06/01/20

Open

375,445

377,290

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/04/20

Open

1,126,400

1,131,613

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

06/04/20

Open

821,022

824,822

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

06/09/20

Open

685,204

687,462

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

06/09/20

Open

360,938

362,127

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

06/09/20

Open

107,200

107,553

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

06/09/20

Open

603,750

605,740

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.55

(b)

06/16/20

Open

571,380

572,314

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.20

(b)

06/16/20

Open

582,167

584,244

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.20

(b)

06/16/20

Open

462,223

463,871

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.20

(b)

06/16/20

Open

617,210

619,411

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.20

(b)

06/16/20

Open

472,938

474,624

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

06/19/20

Open

792,743

793,855

Foreign Agency Obligations

Open/Demand

Barclays Capital Inc.

0.60

(b)

06/19/20

Open

1,078,870

1,080,686

Foreign Agency Obligations

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/19/20

Open

472,536

473,862

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/19/20

Open

514,972

516,417

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.10

(b)

06/19/20

Open

611,780

613,668

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

06/19/20

Open

530,337

531,861

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

(b)

06/23/20

Open

408,375

409,666

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.55

(b)

06/29/20

Open

637,812

638,719

Foreign Agency Obligations

Open/Demand

Barclays Capital Inc.

0.90

(b)

06/29/20

Open

956,887

959,112

Capital Trusts

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/29/20

Open

525,140

526,497

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/29/20

Open

390,930

391,940

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/29/20

Open

473,869

475,093

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/29/20

Open

402,855

403,896

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/29/20

Open

509,375

510,691

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/29/20

Open

397,843

398,870

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/29/20

Open

668,300

670,026

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.00

(b)

06/29/20

Open

411,446

412,509

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.00

(b)

06/29/20

Open

441,183

442,322

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

06/29/20

Open

454,658

455,891

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

06/29/20

Open

523,500

524,920

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

06/29/20

Open

501,839

503,200

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

06/29/20

Open

454,279

455,511

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.20

(b)

06/29/20

Open

468,000

469,451

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.20

(b)

06/29/20

Open

332,170

333,200

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.20

(b)

07/06/20

Open

276,581

277,356

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.60

(b)

07/07/20

Open

866,392

869,666

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

07/23/20

Open

815,065

816,393

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

474,674

475,356

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

487,040

487,740

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

447,266

447,909

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

466,113

466,783

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

509,870

510,603

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

501,562

502,283

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

547,605

548,392

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

441,323

441,957

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

471,488

472,165

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

07/23/20

Open

459,405

460,065

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.80

(b)

07/23/20

Open

415,069

415,705

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.80

(b)

07/23/20

Open

369,888

370,455

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.80

(b)

07/23/20

Open

419,445

420,088

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.80

(b)

07/23/20

Open

485,985

486,730

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.80

(b)

07/23/20

Open

439,020

439,693

Corporate Bonds

Open/Demand

S C H E D U L E  O F  I N V E S T M E N T  S 29

Schedule of Investments (unaudited) (continued) September 30, 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.

0.80

%(b)

07/23/20

Open

$

448,628

$

449,315

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.90

(b)

07/23/20

Open

416,500

417,218

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.95

(b)

07/23/20

Open

732,555

733,889

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

07/28/20

Open

286,991

287,246

Foreign Agency Obligations

Open/Demand

Barclays Capital Inc.

0.55

(b)

07/28/20

Open

358,875

359,226

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

07/29/20

Open

1,957,534

1,960,446

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.85

(b)

07/29/20

Open

138,353

138,558

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

07/29/20

Open

437,840

438,491

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

07/29/20

Open

151,130

151,355

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

07/29/20

Open

309,690

310,151

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

07/29/20

Open

175,275

175,536

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

07/29/20

Open

265,920

266,316

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

08/06/20

Open

493,620

493,997

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

08/06/20

Open

1,324,897

1,326,416

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

08/07/20

Open

436,656

436,972

Foreign Agency Obligations

Open/Demand

Barclays Capital Inc.

0.50

(b)

08/11/20

Open

690,314

690,803

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

08/11/20

Open

1,052,422

1,053,167

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

08/11/20

Open

406,858

407,338

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.90

(b)

08/12/20

Open

912,350

913,468

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.15

(b)

08/12/20

Open

828,550

829,847

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.25

(b)

08/12/20

Open

344,569

345,155

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.40

(b)

08/12/20

Open

953,750

955,567

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

08/13/20

Open

443,013

443,456

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

08/13/20

Open

1,009,046

1,010,459

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

08/13/20

Open

601,842

602,211

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

08/13/20

Open

1,729,490

1,730,549

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

08/13/20

Open

1,255,962

1,257,386

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

08/14/20

Open

616,630

617,439

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

08/14/20

Open

1,672,260

1,673,263

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

08/19/20

Open

519,820

520,881

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/20/20

Open

282,695

282,953

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.65

(b)

08/24/20

Open

494,375

494,714

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

278,958

279,193

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

352,733

353,030

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

295,800

296,050

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

333,660

333,942

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

497,800

498,220

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

525,652

526,096

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

481,443

481,849

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

463,570

463,961

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

472,720

473,119

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

366,769

367,078

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

717,025

717,630

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

451,750

452,131

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/24/20

Open

362,813

363,119

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

08/24/20

Open

805,014

805,566

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

08/24/20

Open

621,300

621,726

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

08/24/20

Open

913,447

914,074

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

08/24/20

Open

646,085

646,528

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

08/24/20

Open

703,105

703,587

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

08/24/20

Open

559,550

559,993

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

08/24/20

Open

608,440

608,922

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

08/24/20

Open

829,744

830,401

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

08/26/20

Open

399,610

399,921

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.55

(b)

08/27/20

Open

574,490

574,797

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/01/20

Open

359,470

359,665

Corporate Bonds

Open/Demand

BoFA Securities, Inc.

(1.25

)(b)

09/02/20

Open

110,633

110,521

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/09/20

Open

2,737,500

2,738,219

Capital Trusts

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/09/20

Open

677,844

678,022

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/09/20

Open

1,509,375

1,509,771

Capital Trusts

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/09/20

Open

1,019,200

1,019,604

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/09/20

Open

2,549,281

2,550,292

Corporate Bonds

Open/Demand

30

Schedule of Investments (unaudited) (continued) September 30, 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

0.45

%(b)

09/09/20

Open

$

1,585,762

$

1,586,179

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

423,144

423,255

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

435,881

435,996

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

178,500

178,547

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

1,518,750

1,519,149

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

163,995

164,038

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

412,500

412,608

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

951,750

952,000

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

155,418

155,459

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

452,944

453,063

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

1,837,500

1,837,982

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

686,562

686,743

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

149,625

149,664

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

1,065,750

1,066,030

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

296,313

296,390

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

1,208,381

1,208,698

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

1,504,900

1,505,295

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

367,650

367,747

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

310,719

310,800

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

407,813

407,920

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

277,313

277,385

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

312,075

312,157

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

1,322,812

1,323,160

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.45

(b)

09/09/20

Open

734,094

734,286

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/09/20

Open

1,672,982

1,673,812

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.25

(b)

09/10/20

Open

746,415

746,933

Capital Trusts

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

524,700

524,831

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

1,561,656

1,562,047

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

879,856

880,076

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

1,051,850

1,052,113

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

3,333,750

3,334,583

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

925,062

925,294

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

303,100

303,176

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

3,780,000

3,780,945

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

6,723,450

6,725,131

Capital Trusts

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/10/20

Open

171,600

171,643

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/10/20

Open

2,377,897

2,378,796

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/10/20

Open

546,247

546,454

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/10/20

Open

441,213

441,379

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/10/20

Open

924,262

924,612

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/10/20

Open

1,980,390

1,981,138

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/10/20

Open

1,102,995

1,103,412

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

09/10/20

Open

887,075

887,445

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.85

(b)

09/10/20

Open

3,614,290

3,615,997

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

09/10/20

Open

472,590

472,866

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

09/11/20

Open

1,093,625

1,094,064

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.55

(b)

09/14/20

Open

832,762

832,966

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

09/15/20

Open

662,915

663,150

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.85

(b)

09/15/20

Open

602,650

602,863

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/15/20

Open

870,525

870,833

Corporate Bonds

Open/Demand

Goldman Sachs & Co.

0.60

(b)

09/16/20

Open

1,126,710

1,126,973

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/17/20

Open

435,615

435,741

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.09

(b)

09/17/20

Open

464,888

465,070

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/18/20

Open

550,862

550,985

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/18/20

Open

396,000

396,075

Corporate Bonds

Open/Demand

��

BNP Paribas S.A.

0.75

(b)

09/18/20

Open

390,600

390,681

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.75

(b)

09/18/20

Open

287,640

287,780

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

09/21/20

Open

1,564,901

1,565,097

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.50

(b)

09/21/20

Open

1,544,375

1,544,568

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.50

(b)

09/21/20

Open

552,606

552,675

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

09/21/20

Open

1,056,250

1,056,382

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/21/20

Open

1,208,962

1,209,204

Corporate Bonds

Open/Demand

S C H E D U L E  O F  I N V E S T M E N T  S 31

Schedule of Investments (unaudited) (continued) September 30, 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)

Barclays Capital Inc.

0.80

%(b)

09/21/20

Open

$

2,025,000

$

2,025,405

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/21/20

Open

1,280,200

1,280,456

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/21/20

Open

365,859

365,932

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/21/20

Open

449,068

449,157

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.48

(b)

09/21/20

Open

299,406

299,442

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.10

(b)

09/21/20

Open

251,501

251,508

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/21/20

Open

848,544

848,724

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/21/20

Open

514,924

515,033

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/21/20

Open

1,480,080

1,480,395

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/21/20

Open

254,678

254,732

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/21/20

Open

410,670

410,757

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

09/23/20

Open

760,550

760,624

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.50

(b)

09/23/20

Open

791,475

791,552

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

150,454

150,477

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

421,520

421,586

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

429,709

429,776

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

598,612

598,706

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

104,615

104,631

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

776,337

776,458

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

968,475

968,626

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

814,800

814,927

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

1,182,455

1,182,639

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

250,543

250,581

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/23/20

Open

586,380

586,471

Corporate Bonds

Open/Demand

J.P. morgan Securities LLC

0.75

(b)

09/23/20

Open

202,068

202,097

Corporate Bonds

Open/Demand

Barclays Capital Inc.

1.40

(b)

09/24/20

Open

405,845

405,940

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/24/20

Open

69,635

69,643

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/25/20

Open

539,907

539,943

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/25/20

Open

115,280

115,288

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

543,375

543,404

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

306,400

306,417

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

858,712

858,759

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

1,511,617

1,511,699

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

1,676,925

1,677,016

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

680,305

680,342

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

1,538,945

1,539,028

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

274,525

274,540

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

5,608,055

5,608,359

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

778,750

778,792

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

766,770

766,812

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

560,065

560,095

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

827,520

827,565

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

156,040

156,048

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

697,190

697,228

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

157,000

157,009

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

837,606

837,652

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

854,846

854,893

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

596,850

596,882

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

867,162

867,209

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/25/20

Open

425,163

425,186

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/25/20

Open

860,792

860,841

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/25/20

Open

1,212,181

1,212,250

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/25/20

Open

844,305

844,353

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/25/20

Open

168,768

168,777

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.69

(b)

09/25/20

Open

942,076

942,130

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.70

(b)

09/25/20

Open

699,255

699,296

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.70

(b)

09/25/20

Open

858,219

858,269

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

09/25/20

Open

790,519

790,568

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.75

(b)

09/25/20

Open

1,587,525

1,587,624

Corporate Bonds

Open/Demand

BNP Paribas S.A.

1.05

(b)

09/25/20

Open

1,500,463

1,500,594

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/25/20

Open

155,570

155,581

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/25/20

Open

304,780

304,802

Corporate Bonds

Open/Demand

32

Schedule of Investments (unaudited) (continued) September 30, 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

0.85

%(b)

09/25/20

Open

$

286,440

$

286,460

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/25/20

Open

150,715

150,726

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/25/20

Open

378,480

378,507

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/25/20

Open

980,079

980,148

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/25/20

Open

1,706,944

1,707,063

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/25/20

Open

361,194

361,220

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.50

(b)

09/28/20

Open

738,494

738,514

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.80

(b)

09/28/20

Open

164,428

164,435

Capital Trusts

Open/Demand

Barclays Capital Inc.

0.85

(b)

09/28/20

Open

529,091

529,091

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.45

(b)

09/28/20

Open

946,000

946,024

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

663,810

663,834

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

1,133,860

1,133,901

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

651,695

651,719

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

936,230

936,264

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

232,785

232,793

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

728,495

728,521

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

926,220

926,253

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

693,500

693,525

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

662,435

662,459

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

105,261

105,265

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

617,890

617,912

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

547,917

547,937

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

637,184

637,207

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/28/20

Open

475,874

475,891

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/28/20

Open

661,045

661,070

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/28/20

Open

570,706

570,728

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/28/20

Open

246,488

246,497

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/28/20

Open

725,602

725,630

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/28/20

Open

638,137

638,162

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.70

(b)

09/28/20

Open

1,385,692

1,385,746

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.70

(b)

09/28/20

Open

580,550

580,573

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/29/20

Open

188,000

188,007

Capital Trusts

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/29/20

Open

1,146,600

1,146,600

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/29/20

Open

764,332

764,332

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/29/20

Open

619,460

619,460

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/29/20

Open

211,563

211,563

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

0.85

(b)

09/29/20

Open

1,092,000

1,092,000

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.75

(b)

09/30/20

Open

171,680

171,680

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.75

(b)

09/30/20

Open

306,705

306,705

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.75

(b)

09/30/20

Open

264,600

264,600

Corporate Bonds

Open/Demand

Barclays Capital Inc.

0.75

(b)

09/30/20

Open

373,405

373,405

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/30/20

Open

358,598

358,597

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/30/20

Open

350,520

350,520

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/30/20

Open

297,745

297,745

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/30/20

Open

439,845

439,845

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/30/20

Open

503,040

503,040

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.65

(b)

09/30/20

Open

212,220

212,220

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/30/20

Open

383,493

383,492

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/30/20

Open

319,290

319,290

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.68

(b)

09/30/20

Open

179,725

179,725

Corporate Bonds

Open/Demand

BNP Paribas S.A.

0.70

(b)

09/30/20

Open

352,063

352,062

Corporate Bonds

Open/Demand

$

275,071,351

$

275,679,337

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

^(b)  Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand.

S C H E D U L E  O F  I N V E S T M E N T  S 33

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW)

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
Short Term Euro BTP		367		12/08/20	$	48,739	$	134,826
90-Day Euro-Dollar		165		12/14/20		41,149		25,710
10-Year U.S. Ultra Note		194		12/21/20		31,025		(76,313	)
2-Year U.S. Treasury Note		517		12/31/20		114,237		48,025
								132,248
Short Contracts
Euro-Schatz Futures		424		12/08/20		55,821		(17,772	)
10-Year U.S. Treasury Note		360		12/21/20		50,231		(32,182	)
Long U.S. Treasury Bond		26		12/21/20		4,583		15,193
Ultra U.S. Treasury Bond		80		12/21/20		17,745		119,987
5-Year U.S. Treasury Note		387		12/31/20		48,774		(65,967	)
90-Day Euro-Dollar		165		12/19/22		41,141		(42,978	)
								(23,719	)
							$	108,529

Forward Foreign Currency Exchange Contracts

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
EUR	415,000	USD	485,965	UBS AG		10/05/20	$	632
EUR	4,046,000	USD	4,737,866	UBS AG		10/05/20		6,161
GBP	655,000	USD	841,610	HSBC Bank USA N.A.		10/05/20		3,580
GBP	880,000	USD	1,130,712	HSBC Bank USA N.A.		10/05/20		4,810
GBP	4,437,000	USD	5,701,101	HSBC Bank USA N.A.		10/05/20		24,254
USD	118,458	EUR	100,000	State Street Bank and Trust Co.		10/05/20		1,205
USD	224,512	EUR	189,000	State Street Bank and Trust Co.		10/05/20		2,906
USD	992,473	EUR	830,000	UBS AG		10/05/20		19,280
USD	9,104,448	EUR	7,614,000	UBS AG		10/05/20		176,861
USD	5,906,894	GBP	4,437,000	Bank of America N.A.		10/05/20		181,538
USD	878,479	GBP	660,000	Citibank N.A.		10/05/20		26,837
USD	1,171,270	GBP	880,000	Citibank N.A.		10/05/20		35,748
USD	57,801	NZD	86,000	HSBC Bank USA N.A.		10/05/20		907
USD	4,752,937	EUR	4,046,000	BNP Paribas S.A.		11/04/20		5,974
USD	487,538	EUR	415,000	State Street Bank and Trust Co.		11/04/20		639
EUR	3,690,000	NOK	40,266,577	Goldman Sachs International		12/16/20		15,829
EUR	3,710,000	USD	4,349,151	Natwest Markets PLC		12/16/20		7,969
NZD	6,500,998	AUD	5,970,000	Barclays Bank PLC		12/16/20		23,588
USD	4,337,354	EUR	3,680,000	JPMorgan Chase Bank N.A.		12/16/20		15,467
								554,185
EUR	4,046,000	USD	4,749,986	BNP Paribas S.A.		10/05/20		(5,959	)
EUR	415,000	USD	487,233	State Street Bank and Trust Co.		10/05/20		(636	)
USD	111,235	EUR	95,000	BNP Paribas S.A.		10/05/20		(155	)
USD	109,473	EUR	94,000	Standard Chartered Bank		10/05/20		(744	)
USD	486,266	EUR	415,000	UBS AG		11/04/20		(632	)
USD	4,740,799	EUR	4,046,000	UBS AG		11/04/20		(6,164	)
USD	841,742	GBP	655,000	HSBC Bank USA N.A.		11/04/20		(3,581	)
USD	1,130,891	GBP	880,000	HSBC Bank USA N.A.		11/04/20		(4,811	)
USD	5,702,002	GBP	4,437,000	HSBC Bank USA N.A.		11/04/20		(24,260	)
AUD	5,970,000	NZD	6,499,171	JPMorgan Chase Bank N.A.		12/16/20		(22,380	)
EUR	3,680,000	USD	4,349,248	Bank of America N.A.		12/16/20		(27,361	)

34

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW)

Forward Foreign Currency Exchange Contracts (continued)

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
NOK	39,456,201	EUR	3,690,000	JPMorgan Chase Bank N.A.		12/16/20	$	(102,726	)
USD	4,325,764	EUR	3,710,000	Bank of America N.A.		12/16/20		(31,356	)
								(230,765	)
							$	323,420

Exchange-Traded Options Purchased

Description	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value
Call
90-Day Euro Future		448		12/13/21		USD	99.75		USD	111,720	$	112,000
Put
10-Year U.S. Treasury Note		154		11/20/20		USD	139.50		USD	21,483		110,687
10-Year U.S. Treasury Note		154		11/20/20		USD	138.00		USD	21,252		45,719
												156,406
											$	268,406

OTC Interest Rate Swaptions Purchased

	Paid by the Fund				Received by the Fund				Counterparty	Expiration Date		Exercise Rate			Notional Amount (000)			Value
Description	Rate			Frequency	Rate			Frequency
Call
10-Year Interest Rate Swap, 08/09/35		3-Month LIBOR, 0.23	%	Quarterly		0.91	%	Semi-Annual	Morgan Stanley & Co. International PLC		08/07/25		0.91	%		USD	2,050	$	80,094
10-Year Interest Rate Swap, 08/09/35		3-Month LIBOR, 0.23	%	Quarterly		0.91	%	Semi-Annual	Morgan Stanley & Co. International PLC		08/07/25		0.91			USD	1,370		53,526
10-Year Interest Rate Swap, 08/09/40		3-Month LIBOR, 0.23	%	Quarterly		1.05	%	Semi-Annual	Morgan Stanley & Co. International PLC		08/07/30		1.05			USD	1,510		81,928
10-Year Interest Rate Swap, 08/09/50		3-Month LIBOR, 0.23	%	Quarterly		0.91	%	Semi-Annual	Morgan Stanley & Co. International PLC		08/07/40		0.92			USD	1,160		75,137
																			290,685
Put
10-Year Interest Rate Swap, 08/29/31		1.20	%	Semi-Annual		3-Month LIBOR, 0.23	%	Semi-Annual	Deutsche Bank AG		08/27/21		1.20			USD	60,410		594,919
10-Year Interest Rate Swap, 08/09/35		0.91	%	Semi-Annual		3-Month LIBOR, 0.23	%	Semi-Annual	Morgan Stanley & Co. International PLC		08/07/25		0.91			USD	1,370		94,286
10-Year Interest Rate Swap, 08/09/35		0.91	%	Semi-Annual		3-Month LIBOR, 0.23	%	Semi-Annual	Morgan Stanley & Co. International PLC		08/07/25		0.91			USD	2,050		141,085
10-Year Interest Rate Swap, 08/09/40		1.05	%	Semi-Annual		3-Month LIBOR, 0.23	%	Semi-Annual	Morgan Stanley & Co. International PLC		08/07/30		1.05			USD	1,510		131,199
10-Year Interest Rate Swap, 08/09/50		0.91	%	Semi-Annual		3-Month LIBOR, 0.23	%	Semi-Annual	Morgan Stanley & Co. International PLC		08/07/40		0.91			USD	1,160		107,514
																			1,069,003
																		$	1,359,688

S C H E D U L E  O F  I N V E S T M E N T  S 35

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW)

Exchange-Traded Options Written

Description	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)		Value
Call
90-Day Euro Future		224		12/13/21		USD	99.38	USD	55,650	$	(242,200	)
90-Day Euro Future		112		12/13/21		USD	100.00	USD	28,000		(9,800	)
											(252,000	)
Put
10-Year U.S. Treasury Note		154		11/20/20		USD	138.50	USD	21,329		(62,563	)
10-Year U.S. Treasury Note		154		11/20/20		USD	139.00	USD	21,406		(81,812	)
											(144,375	)
										$	(396,375	)

OTC Interest Rate Swaptions Written

Paid by the Fund

Received by the Fund

Expiration

Exercise

Notional

Description

Rate

Frequency

Rate

Frequency

Counterparty

Date

Rate

Amount (000)

Value

Call

10-Year Interest Rate Swap, 10/15/30

0.68%

Quarterly

3-Month LIBOR, 0.23%

Quarterly

Citibank N.A.

10/13/20

0.69

%

USD

5,600

$

(12,753)

5-Year Interest Rate Swap, 11/11/25

0.15%

Quarterly

3-Month LIBOR, 0.23%

Quarterly

Bank of America N.A.

11/09/20

0.15

USD

2,125

(130)

5-Year Interest Rate Swap, 11/11/25

0.15%

Quarterly

3-Month LIBOR, 0.23%

Quarterly

Bank of America N.A.

11/09/20

0.15

USD

2,780

(170)

10-Year Interest Rate Swap, 08/11/31

0.63%

Quarterly

3-Month LIBOR, 0.23%

Quarterly

Deutsche Bank AG

08/09/21

0.63

USD

26,780

(398,206)

10-Year Interest Rate Swap, 08/29/31

0.60%

Quarterly

3-Month LIBOR, 0.23%

Quarterly

Deutsche Bank AG

08/27/21

0.60

USD

60,410

(845,525)

10-Year Interest Rate Swap, 10/02/31

0.45%

Quarterly

3-Month LIBOR, 0.23%

Quarterly

Bank of America N.A.

09/30/21

0.45

USD

2,170

(22,053)

10-Year Interest Rate Swap, 08/10/32

0.72%

Quarterly

3-Month LIBOR, 0.23%

Quarterly

Deutsche Bank AG

08/08/22

0.72

USD

2,120

(50,358)

5-Year Interest Rate Swap, 08/10/27

(0.02%)

Semi-Annual

6-Month EURIBOR, (0.48%)

Semi-Annual

Barclays Bank PLC

08/08/22

(0.02)

EUR

14,580

(347,662)

(1,676,857)

Put

10-Year Interest Rate Swap, 10/02/31

3-Month LIBOR, 0.23%

Quarterly

0.68%

Semi-Annual

Citibank N.A.

10/13/20

0.68

USD

5,600

(27,023)

5-Year Interest Rate Swap, 11/11/25

3-Month LIBOR, 0.23%

Quarterly

0.45%

Semi-Annual

Bank of America N.A.

11/09/20

0.45

USD

4,250

(2,173)

5-Year Interest Rate Swap, 11/11/25

3-Month LIBOR, 0.23%

Quarterly

0.45%

Semi-Annual

Bank of America N.A.

11/09/20

0.45

USD

2,780

(1,422)

10-Year Interest Rate Swap, 08/11/31

3-Month LIBOR, 0.23%

Quarterly

0.63%

Semi-Annual

Deutsche Bank AG

08/09/21

0.63

USD

26,780

(849,988)

10-Year Interest Rate Swap, 08/11/31

3-Month LIBOR, 0.23%

Quarterly

1.00%

Semi-Annual

Deutsche Bank AG

08/09/21

1.00

USD

14,360

(209,479)

2-Year Interest Rate Swap, 08/11/23

6-Month EURIBOR, (0.48%)

Semi-Annual

(0.25%)

Annual

Barclays Bank PLC

08/09/21

(0.25)

EUR

68,730

(31,959)

5-Year Interest Rate Swap, 09/05/26

3-Month LIBOR, 0.23%

Quarterly

0.60%

Semi-Annual

Deutsche Bank AG

09/03/21

0.60

USD

6,900

(33,020)

10-Year Interest Rate Swap, 10/02/31

3-Month LIBOR, 0.23%

Quarterly

1.45%

Semi-Annual

Bank of America N.A.

09/30/21

1.45

USD

4,340

(27,579)

10-Year Interest Rate Swap, 02/09/32

3-Month LIBOR, 0.23%

Quarterly

0.68%

Semi-Annual

Deutsche Bank AG

02/07/22

0.68

USD

7,000

(265,707)

36

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW)

OTC Interest Rate Swaptions Written (continued)

Paid by the Fund

Received by the Fund

Expiration

Exercise

Notional

Description

Rate

Frequency

Rate

Frequency

Counterparty

Date

Rate

Amount (000)

Value

Put (continued)

10-Year Interest Rate Swap, 08/10/32

3-Month LIBOR, 0.23%

Quarterly

0.72%

Semi-Annual

Deutsche Bank AG

08/08/22

0.72%

USD

2,120

$

(93,521)

5-Year Interest Rate Swap, 08/10/27

6-Month EURIBOR, (0.48%)

Semi-Annual

(0.02%)

Annual

Barclays Bank PLC

08/08/22

(0.02)

EUR

14,580

(86,182)

(1,628,053)

$

(3,304,910)

Centrally Cleared Credit Default Swaps — Buy Protection

Reference Obligation/Index	Financing Rate Paid by the Fund			Payment Frequency		Termination Date		Notional Amount (000)		Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
CDX.NA.HY.34.V9		5.00	%		Quarterly		06/20/25		USD      1,343	$	(67,882	)	$	(55,069	)	$	(12,813	)
CDX.NA.IG.34.V1		1.00			Quarterly		12/20/25		USD    11,120		(79,761	)		(164,135	)		84,374
CDX.NA.HY.35.V1		5.00			Quarterly		12/20/25		USD      2,400		(101,671	)		(98,413	)		(3,258	)
CDX.NA.IG.35.V1		1.00			Quarterly		12/20/25		USD    17,500		(369,579	)		(400,087	)		30,508
										$	(618,893	)	$	(717,704	)	$	98,811

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)

ITRAXX.XO.34.V1

5.00

%

Quarterly

12/20/25

B

EUR

30

$

2,566

$

2,421

$

145

^(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

																	Upfront Premium Paid (Received	)		Unrealized Appreciation (Depreciation	)
Paid by the Fund		Received by the Fund		Effective			Termination				Notional
Rate	Frequency	Rate	Frequency	Date			Date		Amount (000)				Value
3-Month LIBOR, 0.23%	Quarterly	0.24%	Semi-Annual		N/A			08/13/22		USD		4,750	$	2,152		$	20		$	2,132
0.21%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		01/06/21(a	)		09/15/22		USD		26,550		(3,859	)		148			(4,007	)
(0.41%)	Annual	6-Month EURIBOR, (0.48%)	Semi-Annual		02/16/21(a	)		02/16/23		EUR		4,930		(9,086	)		27			(9,113	)
(0.40%)	Annual	6-Month EURIBOR, (0.48%)	Semi-Annual		02/16/21(a	)		02/16/23		EUR		4,920		(9,359	)		28			(9,387	)
(0.42%)	Annual	6-Month EURIBOR, (0.48%)	Semi-Annual		08/12/21(a	)		08/12/23		EUR		3,790		(5,439	)		21			(5,460	)
6-Month EURIBOR, (0.48%)	Semi-Annual	(0.47%)	Annual		09/13/21(a	)		09/13/23		EUR		1,690		208			10			198
0.30%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		01/06/21(a	)		02/28/25		USD		4,110		3,179			616			2,563
0.30%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		01/06/21(a	)		02/28/25		USD		7,520		4,751			68			4,683
6-Month EURIBOR, (0.48%)	Semi-Annual	(0.43%)	Annual		N/A			09/21/25		EUR		930		(150	)		(358	)		208
6-Month EURIBOR, (0.48%)	Semi-Annual	(0.44%)	Annual		N/A			09/23/25		EUR		950		(831	)		11			(842	)
0.35%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		10/01/20			10/01/25		USD		1,220		592			11			581
3-Month LIBOR, 0.23%	Quarterly	0.50%	Semi-Annual		12/31/20(a	)		08/15/27		USD		10,370		(6,365	)		132			(6,497	)
(0.26%)	Annual	6-Month EURIBOR, (0.48%)	Semi-Annual		08/16/22(a	)		08/16/27		EUR		970		(3,364	)		13			(3,377	)
6-Month EURIBOR, (0.48%)	Semi-Annual	(0.25%)	Annual		08/16/22(a	)		08/16/27		EUR		1,940		7,665			25			7,640
6-Month EURIBOR, (0.48%)	Semi-Annual	(0.24%)	Annual		08/16/22(a	)		08/16/27		EUR		1,940		8,426			25			8,401
0.50%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		N/A			08/19/27		USD		80		(38	)		1			(39	)
6-Month EURIBOR, (0.48%)	Semi-Annual	(0.28%)	Annual		09/19/22(a	)		09/19/27		EUR		890		1,388			(258	)		1,646
3-Month LIBOR, 0.23%	Quarterly	0.71%	Semi-Annual		08/14/23(a	)		08/14/28		USD		7,130		(19,443	)		65			(19,508	)
3-Month LIBOR, 0.23%	Quarterly	1.57%	Semi-Annual		N/A			02/11/30		USD		5		422			198			224
3-Month LIBOR, 0.23%	Quarterly	0.68%	Semi-Annual		N/A			08/14/30		USD		1,620		(4,925	)		26			(4,951	)
3-Month LIBOR, 0.23%	Quarterly	0.67%	Semi-Annual		N/A			09/04/30		USD		555		(2,232	)		(1	)		(2,231	)
3-Month LIBOR, 0.23%	Quarterly	0.69%	Semi-Annual		N/A			09/04/30		USD		555		(1,028	)		9			(1,037	)

S C H E D U L E  O F  I N V E S T M E N T  S 37

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW)

Centrally Cleared Interest Rate Swaps (continued)

																Upfront Premium Paid (Received)		Unrealized Appreciation (Depreciation)
Paid by the Fund		Received by the Fund		Effective			Termination				Notional
Rate	Frequency	Rate	Frequency	Date			Date		Amount (000)				Value
3-Month LIBOR, 0.23%	Quarterly	0.69%	Semi-Annual		N/A			09/08/30		USD		580	$	(1,493	)	$	9	$	(1,502	)
3-Month LIBOR, 0.23%	Quarterly	0.70%	Semi-Annual		N/A			09/08/30		USD		140		(195	)		2		(197	)
3-Month LIBOR, 0.23%	Quarterly	0.69%	Semi-Annual		N/A			09/15/30		USD		585		(1,776	)		9		(1,785	)
3-Month LIBOR, 0.23%	Quarterly	0.69%	Semi-Annual		N/A			09/16/30		USD		620		(1,625	)		10		(1,635	)
3-Month LIBOR, 0.23%	Quarterly	0.69%	Semi-Annual		N/A			09/23/30		USD		590		(1,911	)		9		(1,920	)
0.70%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		N/A			09/28/30		USD		860		1,948			14		1,934
0.72%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		09/30/20	(a)		09/30/30		USD		280		94			5		89
3-Month LIBOR, 0.23%	Quarterly	0.70%	Semi-Annual		10/01/20	(a)		10/01/30		USD		580		(1,082	)		9		(1,091	)
0.86%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		N/A			10/04/31		USD		190		(322	)		3		(325	)
0.80%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		02/08/22	(a)		02/08/32		USD		2,910		23,415			47		23,368
0.83%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		08/15/22	(a)		08/15/32		USD		16,030		179,270			49,365		129,905
0.83%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		08/15/22	(a)		08/15/32		USD		8,200		91,704			131		91,573
3-Month LIBOR, 0.23%	Quarterly	0.83%	Semi-Annual		08/15/22	(a)		08/15/32		USD		8,200		(91,704	)		15,338		(107,042	)
3-Month LIBOR, 0.23%	Quarterly	1.08%	Semi-Annual		12/31/20	(a)		02/15/47		USD		1,380		(14,220	)		42		(14,262	)
3-Month LIBOR, 0.23%	Quarterly	1.09%	Semi-Annual		12/31/20	(a)		02/15/47		USD		1,380		(9,979	)		42		(10,021	)
3-Month LIBOR, 0.23%	Quarterly	0.99%	Semi-Annual		N/A			08/21/50		USD		155		(5,296	)		5		(5,301	)
3-Month LIBOR, 0.23%	Quarterly	1.00%	Semi-Annual		N/A			08/21/50		USD		155		(4,863	)		5		(4,868	)
1.02%	Semi-Annual	3-Month LIBOR, 0.23%	Quarterly		08/14/23	(a)		08/14/53		USD		1,320		68,443			41		68,402
													$	193,072		$	65,923	$	127,149

^(a) Forward Swap.

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 Premium Paid (Received	)		Unrealized Appreciation (Depreciation)
Casino Guichard Perrachon SA	1.00	%	Quarterly	Citibank N.A.	06/20/23	B		EUR	11	$	(2,722	)	$	(916	)	$	(1,806	)
Casino Guichard Perrachon SA	1.00		Quarterly	Barclays Bank PLC	12/20/23	B		EUR	40		(11,382	)		(4,287	)		(7,095	)
Broadcom, Inc.	1.00		Quarterly	Citibank N.A.	06/20/24	BBB-		USD	1,185		9,080			(68,181	)		77,261
Garfunkelux Holdco 2 SA	5.00		Quarterly	Credit Suisse International	12/20/24	B+		EUR	30		(5,144	)		0			(5,144	)
Rolls-Royce PLC	1.00		Quarterly	Citibank N.A.	06/20/25	BB-		EUR	6		(1,200	)		(1,070	)		(130	)
Rolls-Royce PLC	1.00		Quarterly	Citibank N.A.	06/20/25	BB-		EUR	14		(2,631	)		(2,353	)		(278	)
Rolls-Royce PLC	1.00		Quarterly	JPMorgan Chase Bank N.A.	06/20/25	BB-		EUR	20		(3,831	)		(2,790	)		(1,041	)
CMBX.NA.8	3.00		Monthly	Barclays Bank PLC	10/17/57	NR		USD	5,000		(1,405,868	)		(497,630	)		(908,238	)
CMBX.NA.8	3.00		Monthly	Credit Suisse International	10/17/57	NR		USD	2,500		(702,934	)		(246,140	)		(456,794	)
CMBX.NA.8	3.00		Monthly	Morgan Stanley & Co. International PLC	10/17/57	NR		USD	4,450		(1,251,222	)		(581,331	)		(669,891	)
CMBX.NA.9	3.00		Monthly	Credit Suisse International	09/17/58	NR		USD	5,000		(1,313,649	)		(533,161	)		(780,488	)
CMBX.NA.9	3.00		Monthly	Credit Suisse International	09/17/58	NR		USD	5,000		(1,313,649	)		(533,161	)		(780,488	)
CMBX.NA.9	3.00		Monthly	Credit Suisse International	09/17/58	NR		USD	5,000		(1,313,649	)		(527,338	)		(786,311	)
CMBX.NA.9	3.00		Monthly	Morgan Stanley & Co. International PLC	09/17/58	NR		USD	7,550		(1,983,611	)		(912,960	)		(1,070,651	)
CMBX.NA.9	3.00		Monthly	Morgan Stanley & Co. International PLC	09/17/58	NR		USD	5,545		(1,456,913	)		(1,487,898	)		30,985
										$	(10,759,325	)	$	(5,399,216	)	$	(5,360,109	)

^(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.

38

Schedule of Investments (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW)

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of 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 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 financial instruments is based on the pricing transparency of the 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 financial instruments, refer to its most recent financial statements.

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. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

	Level 1		Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Asset-Backed Securities	$	—	$	26,391,006	$	911,591	$	27,302,597
Common Stocks
Consumer Finance		4,482		—		—		4,482
Diversified Financial Services		—		—		5,468		5,468
Energy Equipment & Services		114,809		—		10,601		125,410
Health Care Management Services		—		8		—		8
Household Durables		—		—		—		—
Media		38,911		—		—		38,911
Metals & Mining		—		13,216		22,952		36,168
Software		289		—		—		289
Specialty Retail		—		56,458		—		56,458
Corporate Bonds		—		449,800,132		1,678,106		451,478,238
Floating Rate Loan Interests		—		257,077,462		4,206,705		261,284,167
Foreign Agency Obligations		—		22,079,790		—		22,079,790
Investment Companies		3,686,346		—		—		3,686,346
Non-Agency Mortgage-Backed Securities		—		9,964,454		—		9,964,454
Other Interests		—		—		10		10
Preferred Securities
Capital Trusts		—		39,285,966		—		39,285,966
Preferred Stocks		10,083,966		—		—		10,083,966
Trust Preferred		2,640,653		—		—		2,640,653
U.S. Government Sponsored Agency Securities		—		2,750,428		—		2,750,428
U.S. Treasury Obligations		—		17,242,203		—		17,242,203
Warrants		—		19,007		—		19,007

S C H E D U L E  O F  I N V E S T M E N T  S 39

Schedule of Investments  (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW)

Fair Value Hierarchy as of Period End (continued)

	Level 1			Level 2			Level 3		Total
Options Purchased
Interest Rate Contracts	$	268,406		$	1,359,688		$	—	$	1,628,094
Unfunded Floating Rate Loan Interests(a)		—			529			—		529
Liabilities
Unfunded Floating Rate Loan Interests(a)		—			(8,848	)		—		(8,848	)
	$	16,837,862		$	826,031,499		$	6,835,433	$	849,704,794
Investments Valued at NAV										10,710
									$	849,715,504
Derivative Financial Instruments(b)
Assets
Credit Contracts	$	—		$	146,012		$	77,261	$	223,273
Foreign Currency Exchange Contracts		—			554,185			—		554,185
Interest Rate Contracts		343,741			343,547			—		687,288
Liabilities
Credit Contracts		—			(5,484,426	)		—		(5,484,426	)
Foreign Currency Exchange Contracts		—			(230,765	)		—		(230,765	)
Interest Rate Contracts		(631,587	)		(3,521,308	)��		—		(4,152,895	)
	$	(287,846	)	$	(8,192,755	)	$	77,261	$	(8,403,340	)

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

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

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 $275,679,337 are categorized as Level 2 within the disclosure hierarchy.

A reconciliation of Level 3 financial instruments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the period 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		Warrants			Total
Assets
Opening balance, as of December 31, 2019	$	1,015,603		$	522,907		$	1,561,152		$	8,974,479		$	10	$	—	(a)	$	12,074,151
Transfers into Level 3		—			—			—			1,947,335			—		—			1,947,335
Transfers out of Level 3(b)		—			—			—			(6,615,887	)		—		—			(6,615,887	)
Accrued discounts/premiums		(71,504	)		—			2,368			5,320			—		—			(63,816	)
Net realized gain (loss)		—			(7,400	)		251			(117,797	)		—		—			(124,946	)
Net change in unrealized appreciation (depreciation)(c)		(45,247	)		(372,124	)		16,030			(71,059	)		—		—			(472,400	)
Purchases		294,000			3,638			131,921			2,606,184			—		—			3,035,743
Sales		(281,261	)		(108,000	)		(33,616	)		(2,521,870	)		—		—			(2,944,747	)
Closing balance, as of September 30, 2020	$	911,591		$	39,021		$	1,678,106		$	4,206,705		$	10	$	—	(a)	$	6,835,433
Net change in unrealized appreciation (depreciation)on investments still held at September 30, 2020(c)	$	(45,247	)	$	(349,321	)	$	16,030		$	(60,064	)	$	—	$	—		$	(438,602	)

^(a)  Rounds to less than $1.

^(b)  As of December 31, 2019, the Fund used significant unobservable inputs in determining the value of certain investments. As of September 30, 2020, the Fund used observable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 3 to Level 2 in the disclosure hierarchy.

^(c)  Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at September 30, 2020 is generally due to investments no longer held or categorized as Level 3 at period end.

	Credit    Contracts Assets
Opening Balance as of December 31, 2019	$	84,334
Transfers in Level 3		—
Transfers out of Level 3		—
Accrued discounts/premiums		—
Net realized gain (loss)		—
Net change in unrealized appreciation (depreciation)(a)		(7,073	)
Purchases		—

40

Schedule of Investments  (unaudited) (continued) September 30, 2020 BlackRock Limited Duration Income Trust (BLW)

	Credit    Contracts Assets
Issues		—
Sales	$	—
Closing Balance, as of September 30, 2020	$	77,261
Net change in unrealized appreciation (depreciation) on investments still held at September 30, 2020(a)	$	(7,073	)

^(a)  Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on derivative financial instruments still held at September 30, 2020 is generally due to derivative financial instruments no longer held or categorized as Level 3 at period end.

The Fund’s 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 financial instruments.

Currency Abbreviation
AUD	Australian Dollar
EUR	Euro
GBP	British Pound
NOK	Norwegian Krone
NZD	New Zealand Dollar
USD	United States Dollar

Portfolio Abbreviation
ABS	Asset-Backed Security
CLO	Collateralized Loan Obligation
CMT	Constant Maturity Treasury
CR	Custodian Receipt
DAC	Designated Activity Company
DIP	Debtor-In-Possession
ETF	Exchange-Traded Fund
EURIBOR	Euro Interbank Offered Rate
LIBOR	London Interbank Offered Rate
MSCI	Morgan Stanley Capital International
MTN	Medium-Term Note
PCL	Public Company Limited
PIK	Payment-in-Kind
PJSC	Public Joint Stock Company
REIT	Real Estate Investment Trust
SAB	Special Assessment Bonds

S C H E D U L E  O F  I N V E S T M E N T  S 41