| | |
Schedule of Investments (unaudited) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Asset-Backed Securities | |
AIMCO CLO(a)(b) | | | | | | | | |
Series 2017-AA, Class C, (3 mo. LIBOR US + 2.45%), 2.67%, 07/20/29 | | | USD1,000 | | | $ | 998,544 | |
Series 2017-AA, Class CR, (3 mo. LIBOR US + 2.10%), 2.67%, 04/20/34(c) | | | 1,000 | | | | 1,000,000 | |
Allegro CLO II-S Ltd., Series 2014-1RA, Class C, (3 mo. LIBOR US + 3.00%), 3.22%, 10/21/28(a)(b) | | | 1,000 | | | | 970,491 | |
Anchorage Capital CLO Ltd.(a)(b) | | | | | | | | |
Series 2014-3RA, Class E, (3 mo. LIBOR US + 5.50%), 5.72%, 01/28/31 | | | 850 | | | | 795,828 | |
Series 2014-4RA, Class D, (3 mo. LIBOR US + 2.60%), 2.82%, 01/28/31 | | | 250 | | | | 241,435 | |
Series 2015-7A, Class D1R2, (3 mo. LIBOR US + 3.50%), 3.72%, 01/28/31 | | | 1,000 | | | | 1,002,906 | |
Series 2016-8A, Class ER, (3 mo. LIBOR US + 5.75%), 5.97%, 07/28/28 | | | 1,000 | | | | 962,301 | |
Ares LV CLO Ltd., Series 2020-55A, Class D, (3 mo. LIBOR US + 4.83%), 5.07%, 04/15/31(a)(b) | | | 1,000 | | | | 1,004,992 | |
Argent Securities Trust, Series 2006-W5, Class A1A, (1 mo. LIBOR US + 0.30%), 0.41%, 06/25/36(a) | | | 5,052 | | | | 3,904,601 | |
Assurant CLO Ltd., Series 2019-5A, Class E, (3 mo. LIBOR US + 7.34%), 7.58%, 01/15/33(a)(b) | | | 250 | | | | 250,652 | |
Bain Capital Credit CLO Ltd., Series 2020-2A, Class D, (3 mo. LIBOR US + 4.81%), 5.03%, 07/21/31(a)(b)(d) | | | 300 | | | | 301,440 | |
Benefit Street Partners CLO VII Ltd., Series 2015- VIIA, Class CR, (3 mo. LIBOR US + 2.40%), 2.62%, 07/18/27(a)(b) | | | 250 | | | | 247,993 | |
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 | | | | 249,588 | |
BlueMountain CLO XXVI Ltd., Series 2019-26A, Class E, (3 mo. LIBOR US + 7.70%), 7.92%, 10/20/32(a)(b) | | | 250 | | | | 251,127 | |
CarVal CLO II Ltd., Series 2019-1A, Class CR, (3 mo. LIBOR US + 2.00%), 2.18%, 04/20/32(a)(b) | | | 250 | | | | 248,833 | |
CarVal CLO III Ltd., Series 2019-2A, Class E, (3 mo. LIBOR US + 6.44%), 6.66%, 07/20/32(a)(b) | | | 500 | | | | 495,391 | |
CarVal CLO Ltd., Series 2018-1A, Class E, (3 mo. LIBOR US + 5.77%), 5.99%, 07/16/31(a)(b) | | | 500 | | | | 474,503 | |
Cedar Funding IV CLO Ltd., Series 2014-4A, Class DR, (3 mo. LIBOR US + 3.65%), 3.87%, 07/23/30(a)(b) | | | 500 | | | | 496,032 | |
Citigroup Mortgage Loan Trust, Series 2006-FX1, Class A7, 5.78%, 10/25/36(e) | | | 427 | | | | 350,896 | |
Clear Creek CLO, Series 2015-1A, Class DR, (3 mo. LIBOR US + 2.95%), 3.17%, 10/20/30(a)(b) | | | 250 | | | | 245,074 | |
Countrywide Asset-Backed Certificates, Series 2006-26, Class 1A, (1 mo. LIBOR US + 0.14%), 0.25%, 06/25/37(a) | | | 712 | | | | 670,954 | |
Credit Suisse ABS Repackaging Trust, Series 2013-A, Class B, 2.50%, 01/25/30(b) | | | 323 | | | | 323,834 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
Asset-Backed Securities (continued) | | | | | | | | |
Dryden 64 CLO Ltd., Series 2018-64A, Class D, (3 mo. LIBOR US + 2.65%), 2.87%, 04/18/31(a)(b) | | | USD 250 | | | $ | 242,686 | |
Elmwood CLO III Ltd., Series 2019-3A, Class E, (3 mo. LIBOR US + 7.00%), 7.24%, 10/15/32(a)(b) | | | 950 | | | | 952,002 | |
Elmwood CLO V Ltd., Series 2020-2A, Class C, (3 mo. LIBOR US + 2.75%), 2.97%, 07/24/31(a)(b) | | | 500 | | | | 499,190 | |
Litigation Fee Residual Funding, 4.00%, 10/30/27(d) | | | 385 | | | | 384,524 | |
Madison Park Funding X Ltd., Series 2012-10A, Class ER2, (3 mo. LIBOR US + 6.40%), 6.62%, 01/20/29(a)(b) | | | 500 | | | | 488,192 | |
Madison Park Funding XVI Ltd., Series 2015-16A, Class C, (3 mo. LIBOR US + 3.70%), 3.92%, 04/20/26(a)(b) | | | 300 | | | | 300,159 | |
Neuberger Berman CLO XX Ltd., Series 2015-20A, Class ER, (3 mo. LIBOR US + 5.00%), 5.24%, 01/15/28(a)(b) | | | 790 | | | | 787,309 | |
Oaktree CLO Ltd., Series 2015-1A, Class DR, (3 mo. LIBOR US + 5.20%), 5.42%, 10/20/27(a)(b) | | | 500 | | | | 478,208 | |
Octagon Investment Partners 31 LLC, Series 2017-1A, Class E, (3 mo. LIBOR US + 6.30%), 6.52%, 07/20/30(a)(b) | | | 500 | | | | 488,881 | |
OZLM VIII Ltd., Series 2014-8A, Class CRR, (3 mo. LIBOR US + 3.15%), 3.37%, 10/17/29(a)(b) | | | 250 | | | | 245,098 | |
OZLM XXI Ltd., Series 2017-21A, Class D, (3 mo. LIBOR US + 5.54%), 5.76%, 01/20/31(a)(b) | | | 250 | | | | 225,841 | |
Palmer Square CLO Ltd., Series 2020-1A, Class C, (3 mo. LIBOR US + 3.00%), 3.22%, 04/20/29(a)(b) | | | 250 | | | | 250,082 | |
Palmer Square Loan Funding Ltd., Series 2018-5A, Class B, (3 mo. LIBOR US + 1.90%), 2.12%, 01/20/27(a)(b) | | | 1,000 | | | | 1,000,569 | |
Rockford Tower CLO Ltd.(a)(b) | | | | | | | | |
Series 2017-1A, Class DR, (3 mo. LIBOR US + 2.65%), 2.89%, 04/15/29 | | | 250 | | | | 247,122 | |
Series 2017-2A, Class DR, (3 mo. LIBOR US + 2.85%), 3.09%, 10/15/29 | | | 500 | | | | 495,817 | |
Sterling Coofs Trust(d) | | | | | | | | |
Series 2004-1, Class A, 2.36%, 04/15/29 | | | 1,204 | | | | 12,038 | |
Series 2004-2, Class Note, 2.08%, 03/30/30(b) | | | 1,767 | | | | 17,671 | |
Symphony CLO XVIII Ltd., Series 2016-18A, Class D, (3 mo. LIBOR US + 4.00%), 4.22%, 01/23/28(a)(b) | | | 1,000 | | | | 995,108 | |
TICP CLO VII Ltd., Series 2017-7A, Class ER, (3 mo. LIBOR US + 7.05%), 7.29%, 04/15/33(a)(b) | | | 250 | | | | 251,134 | |
Unique Pub Finance Co. PLC, Series N, 6.46%, 03/30/32 | | | GBP 100 | | | | 141,300 | |
Voya CLO Ltd.(a)(b) | | | | | | | | |
Series 2014-3A, Class CR, (3 mo. LIBOR US + 2.65%), 2.87%, 07/25/26 | | | USD 250 | | | | 249,981 | |
Series 2019-3A, Class C, (3 mo. LIBOR US + 2.60%), 2.82%, 10/17/32 | | | 1,000 | | | | 996,877 | |
| | |
SCHEDULE OF INVESTMENTS | | 1 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
Asset-Backed Securities (continued) | |
Westcott Park CLO Ltd., Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.25%), 3.47%, 07/20/28(a)(b) | | | USD 500 | | | $ | 499,831 | |
York CLO Ltd.(a)(b) | | | | | | | | |
Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.60%), 3.82%, 10/20/29 | | | 250 | | | | 248,231 | |
Series 2016-2A, Class ER, (3 mo. LIBOR US + 6.75%), 6.97%, 04/20/32 | | | 1,000 | | | | 1,001,984 | |
| | | | | | | | |
| |
Total Asset-Backed Securities — 4.4% (Cost: $26,542,663) | | | | 26,987,250 | |
| | | | | | | | |
| | | | | | | | |
| | |
| | Shares | | | | |
|
Common Stocks | |
| | |
Construction & Engineering — 0.0% | | | | | | | | |
McDermott International Ltd.(f) | | | 47,837 | | | | 38,270 | |
| | | | | | | | |
| | |
Consumer Finance — 0.0% | | | | | | |
Arrow Global Group PLC(f) | | | 3,932 | | | | 16,533 | |
| | | | | | | | |
| | |
Diversified Financial Services — 0.0% | | | | | | |
Kcad Holdings I Ltd.(d) | | | 546,753,936 | | | | 5,467 | |
| | | | | | | | |
| | |
Energy Equipment & Services — 0.0% | | | | | | |
Pioneer Energy Services Corp.(d) | | | 273 | | | | 1,583 | |
| | | | | | | | |
| | |
Household Durables — 0.0% | | | | | | |
Berkline Benchcraft Equity LLC(d) | | | 3,155 | | | | — | |
| | | | | | | | |
| | |
Media — 0.0% | | | | | | |
Clear Channel Outdoor Holdings, Inc.(f) | | | 38,911 | | | | 70,040 | |
| | | | | | | | |
| | |
Metals & Mining — 0.0% | | | | | | |
Ameriforge Group, Inc. | | | 801 | | | | 17,622 | |
Preferred Proppants LLC(d) | | | 5,738 | | | | 344 | |
| | | | | | | | |
| | | | | | | 17,966 | |
| | |
Oil, Gas & Consumable Fuels — 0.1% | | | | | | |
California Resources Corp.(f) | | | 700 | | | | 16,842 | |
Extraction Oil & Gas, Inc., (Acquired 03/04/21, Cost: $54,877)(g) | | | 4,410 | | | | 154,929 | |
| | | | | | | | |
| | | | | | | 171,771 | |
| | |
Software — 0.0% | | | | | | |
Avaya Holdings Corp.(f) | | | 19 | | | | 533 | |
| | | | | | | | |
| | |
Specialty Retail — 0.0% | | | | | | |
NMG Parent LLC | | | 1,330 | | | | 93,765 | |
| | | | | | | | |
| | |
Total Common Stocks — 0.1% (Cost: $7,777,278) | | | | | | | 415,928 | |
| | | | | | | | |
| | | | | | | | |
| | |
| | Par (000) | | | | |
|
Corporate Bonds | |
| | |
Aerospace & Defense — 2.3% | | | | | | | | |
Amsted Industries, Inc., 5.63%, 07/01/27(b) | | | USD 156 | | | $ | 165,555 | |
Bombardier, Inc.(b) | | | | | | | | |
8.75%, 12/01/21(h) | | | 779 | | | | 817,303 | |
5.75%, 03/15/22 | | | 108 | | | | 112,590 | |
6.00%, 10/15/22 | | | 8 | | | | 8,000 | |
6.13%, 01/15/23(h) | | | 658 | | | | 685,142 | |
7.50%, 12/01/24 | | | 199 | | | | 198,751 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Aerospace & Defense (continued) | |
Bombardier, Inc.(b) (continued) | | | | | | | | |
7.50%, 03/15/25 | | | USD 33 | | | $ | 32,464 | |
7.88%, 04/15/27(h) | | | 330 | | | | 323,628 | |
F-Brasile SpA/F-Brasile US LLC, Series XR, 7.38%, 08/15/26(b) | | | 423 | | | | 423,931 | |
Howmet Aerospace, Inc. | | | | | | | | |
5.87%, 02/23/22(h) | | | 730 | | | | 754,645 | |
5.13%, 10/01/24 | | | 5 | | | | 5,500 | |
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25(b)(h) | | | 378 | | | | 397,134 | |
Moog, Inc., 4.25%, 12/15/27(b) | | | 156 | | | | 159,120 | |
Rolls-Royce PLC, 5.75%, 10/15/27(b) | | | 218 | | | | 231,963 | |
Signature Aviation US Holdings, Inc.(b) | | | | | | | | |
5.38%, 05/01/26 | | | 271 | | | | 276,420 | |
4.00%, 03/01/28 | | | 234 | | | | 237,959 | |
Spirit AeroSystems, Inc., 5.50%, 01/15/25(b) | | | 181 | | | | 191,408 | |
TransDigm, Inc. | | | | | | | | |
8.00%, 12/15/25(b)(h) | | | 815 | | | | 887,535 | |
6.25%, 03/15/26(b)(h) | | | 6,032 | | | | 6,395,126 | |
6.38%, 06/15/26 | | | 194 | | | | 200,547 | |
4.63%, 01/15/29(b) | | | 312 | | | | 307,648 | |
Triumph Group, Inc., 8.88%, 06/01/24(b)(h) | | | 851 | | | | 957,545 | |
| | | | | | | | |
| | | | | | | 13,769,914 | |
| | |
Air Freight & Logistics — 0.0% | | | | | | |
XPO Logistics, Inc., 6.75%, 08/15/24(b) | | | 18 | | | | 18,878 | |
| | | | | | | | |
| | |
Airlines — 2.0% | | | | | | |
American Airlines Pass-Through Trust, | | | | | | | | |
Series 2013-2, Class A, 4.95%, 01/15/23(h) | | | 1,631 | | | | 1,630,823 | |
American Airlines, Inc., 11.75%, 07/15/25(b) | | | 607 | | | | 750,853 | |
American Airlines, Inc./AAdvantage Loyalty IP Ltd.(b) | | | | | | | | |
5.50%, 04/20/26 | | | 748 | | | | 778,436 | |
5.75%, 04/20/29 | | | 824 | | | | 876,387 | |
Avianca Holdings SA, (10.50% Cash or 12.00% PIK), 12.25%, 11/10/21(b)(i) | | | 70 | | | | 70,544 | |
Delta Air Lines, Inc./SkyMiles IP Ltd., 4.75%, 10/20/28(b) | | | 138 | | | | 150,061 | |
Gol Finance SA, 7.00%, 01/31/25(b) | | | 200 | | | | 162,875 | |
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26(b) | | | 249 | | | | 264,587 | |
International Consolidated Airlines Group SA, 2.75%, 03/25/25 | | | EUR 100 | | | | 115,653 | |
Latam Finance Ltd., 6.88%, 04/11/24(b)(f)(j) | | | USD 203 | | | | 167,475 | |
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 06/20/27(b) | | | 2,135 | | | | 2,340,494 | |
United Airlines Pass-Through Trust | | | | | | | | |
Series 2015-1, Class A, 3.70%, 06/01/24(h) | | | 2,430 | | | | 2,463,416 | |
Series 2020-1, Class A, 5.88%, 10/15/27(h) | | | 1,857 | | | | 2,058,838 | |
Series 2020-1, Class B, 4.88%, 01/15/26 | | | 50 | | | | 51,875 | |
| | | | | | | | |
| | | | | | | 11,882,317 | |
| | |
Auto Components — 1.0% | | | | | | |
Aptiv PLC, 4.40%, 10/01/46 | | | 240 | | | | 256,602 | |
Clarios Global LP, 6.75%, 05/15/25(b) | | | 540 | | | | 577,638 | |
Clarios Global LP/Clarios US Finance Co. | | | | | | | | |
4.38%, 05/15/26 | | | EUR 100 | | | | 121,374 | |
6.25%, 05/15/26(b)(h) | | | USD1,526 | | | | 1,620,673 | |
8.50%, 05/15/27(b)(h) | | | 2,264 | | | | 2,436,630 | |
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28(b) | | | 334 | | | | 352,370 | |
Faurecia SE, 3.75%, 06/15/28 | | | EUR 100 | | | | 124,441 | |
GoodYear Tire + Rubber Co., 5.63%, 04/30/33 | | | USD 320 | | | | 320,000 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Auto Components (continued) | | | | | | |
ZF Finance GmbH | | | | | | | | |
3.00%, 09/21/25 | | | EUR 100 | | | $ | 123,651 | |
3.75%, 09/21/28 | | | 100 | | | | 127,821 | |
| | | | | | | | |
| | | | | | | 6,061,200 | |
| | |
Automobiles — 1.7% | | | | | | |
Allison Transmission, Inc.(b) | | | | | | | | |
5.88%, 06/01/29(h) | | | USD 396 | | | | 432,957 | |
3.75%, 01/30/31 | | | 259 | | | | 250,906 | |
Asbury Automotive Group, Inc. | | | | | | | | |
4.50%, 03/01/28 | | | 129 | | | | 131,955 | |
4.75%, 03/01/30 | | | 124 | | | | 128,092 | |
Carvana Co., 5.50%, 04/15/27(b) | | | 290 | | | | 291,523 | |
Ford Motor Co. | | | | | | | | |
8.50%, 04/21/23 | | | 982 | | | | 1,094,930 | |
0.00%, 03/15/26(b)(k)(l) | | | 221 | | | | 223,210 | |
4.35%, 12/08/26 | | | 11 | | | | 11,591 | |
5.29%, 12/08/46 | | | 48 | | | | 50,461 | |
Ford Motor Credit Co. LLC | | | | | | | | |
5.88%, 08/02/21(h) | | | 522 | | | | 529,021 | |
2.98%, 08/03/22(h) | | | 449 | | | | 455,735 | |
3.35%, 11/01/22(h) | | | 215 | | | | 219,343 | |
3.81%, 01/09/24(h) | | | 629 | | | | 648,656 | |
4.69%, 06/09/25 | | | 200 | | | | 212,265 | |
5.13%, 06/16/25(h) | | | 690 | | | | 745,200 | |
4.13%, 08/04/25(h) | | | 411 | | | | 429,875 | |
3.38%, 11/13/25(h) | | | 200 | | | | 203,400 | |
4.39%, 01/08/26(h) | | | 400 | | | | 420,428 | |
3.82%, 11/02/27 | | | 200 | | | | 202,250 | |
2.90%, 02/16/28 | | | 295 | | | | 283,421 | |
5.11%, 05/03/29(h) | | | 526 | | | | 564,635 | |
General Motors Co., 6.13%, 10/01/25 | | | 254 | | | | 298,681 | |
General Motors Financial Co., Inc. | | | | | | | | |
4.38%, 09/25/21(h) | | | 530 | | | | 539,813 | |
2.75%, 06/20/25 | | | 352 | | | | 367,454 | |
Group 1 Automotive, Inc., 4.00%, 08/15/28(b) | | | 135 | | | | 134,156 | |
Ken Garff Automotive LLC, 4.88%, 09/15/28(b) | | | 122 | | | | 121,878 | |
Navistar International Corp., 6.63%, 11/01/25(b) | | | 324 | | | | 336,160 | |
Penske Automotive Group, Inc. | | | | | | | | |
3.50%, 09/01/25 | | | 214 | | | | 218,637 | |
5.50%, 05/15/26 | | | 32 | | | | 32,930 | |
Renault SA, 2.38%, 05/25/26 | | | EUR 100 | | | | 118,609 | |
Tesla, Inc., 5.30%, 08/15/25(b)(h) | | | USD 422 | | | | 437,867 | |
Wabash National Corp., 5.50%, 10/01/25(b) | | | 241 | | | | 246,423 | |
| | | | | | | | |
| | | | | | | 10,382,462 | |
| | |
Banks — 1.8% | | | | | | |
Banca Monte dei Paschi di Siena SpA, 2.63%, 04/28/25 | | | EUR 100 | | | | 119,885 | |
Banco de Sabadell SA, (5 year EUR Swap + 2.20%), 2.00%, 01/17/30(a) | | | 100 | | | | 114,045 | |
Banco Espirito Santo SA(f)(j) | | | | | | | | |
4.75%, 01/15/22(a) | | | 100 | | | | 16,418 | |
4.00%, 01/21/22 | | | 100 | | | | 16,418 | |
Banco Industrial SA, (5 year CMT + 4.44%), 4.88%, 01/29/31(a)(b) | | | USD 150 | | | | 153,844 | |
Bancolombia SA, (5 year CMT + 2.94%), 4.63%, 12/18/29(a) | | | 200 | | | | 201,500 | |
Bangkok Bank PCL(a) | | | | | | | | |
(5 year CMT + 1.90%), 3.73%, 09/25/34 | | | 231 | | | | 232,588 | |
(5 year CMT + 4.73%), 5.00% | | | 201 | | | | 211,238 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Banks (continued) | | | | | | |
Banistmo SA, 3.65%, 09/19/22 | | | USD 200 | | | $ | 204,000 | |
Bank of Communications Co. Ltd., (5 year CMT + 3.35%), 3.80%(a)(m) | | | 200 | | | | 206,188 | |
Bank Tabungan Negara Persero Tbk PT, 4.20%, 01/23/25 | | | 200 | | | | 203,063 | |
Chong Hing Bank Ltd., (5 year CMT + 3.86%), 5.70%(a)(m) | | | 250 | | | | 261,406 | |
CIT Group, Inc., 5.00%, 08/01/23(h) | | | 382 | | | | 414,470 | |
Emirates NBD Bank PJSC, (6 year USD Swap + 3.66%), 6.13%(a)(m) | | | 250 | | | | 266,172 | |
Grupo Aval Ltd., 4.38%, 02/04/30(b) | | | 200 | | | | 201,188 | |
Intesa Sanpaolo SpA, 5.02%, 06/26/24(b)(h) | | | 2,442 | | | | 2,667,421 | |
Itau Unibanco Holding SA, 5.13%, 05/13/23(b) | | | 200 | | | | 211,130 | |
Krung Thai Bank PCL/Cayman Islands, (5 year CMT + 3.53%), 4.40%(a)(m) | | | 202 | | | | 202,505 | |
NBK Tier 1 Financing Ltd., (6 year USD Swap + 2.88%), 3.63%(a)(b)(m) | | | 279 | | | | 277,323 | |
Santander Holdings USA, Inc., 4.50%, 07/17/25(h) | | | 1,750 | | | | 1,937,838 | |
Santander UK Group Holdings PLC, 2.88%, 08/05/21(h) | | | 950 | | | | 957,943 | |
Standard Chartered PLC, (3 mo. LIBOR US + 1.08%), 3.89%, 03/15/24(a)(b)(h) | | | 1,500 | | | | 1,583,892 | |
Unione di Banche Italiane SpA, (5 year EUR Swap + 5.75%), 5.88%, 03/04/29(a) | | | EUR 100 | | | | 132,043 | |
Wells Fargo & Co., (5 year CMT + 3.45%), 3.90%(a)(m) | | | USD 365 | | | | 368,613 | |
| | | | | | | | |
| | | | | | | 11,161,131 | |
| | |
Beverages — 1.4% | | | | | | |
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.90%, 02/01/46(h) | | | 800 | | | | 955,635 | |
ARD Finance SA, (6.50% Cash or 7.25% PIK), 6.50%, 06/30/27(b)(h)(i) | | | 1,091 | | | | 1,145,550 | |
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC, 4.00%, 09/01/29(b) | | | 898 | | | | 896,536 | |
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(b) | | | | | | | | |
5.25%, 04/30/25 | | | 244 | | | | 256,440 | |
4.13%, 08/15/26(h) | | | 276 | | | | 282,825 | |
4.75%, 07/15/27 | | | GBP 100 | | | | 140,962 | |
5.25%, 08/15/27(h) | | | USD 652 | | | | 665,092 | |
Canpack SA/Eastern PA Land Investment Holding LLC, 3.13%, 11/01/25(b) | | | 211 | | | | 213,967 | |
Central American Bottling Corp. | | | | | | | | |
5.75%, 01/31/27(b) | | | 176 | | | | 186,340 | |
5.75%, 01/31/27 | | | 105 | | | | 111,169 | |
Crown Cork & Seal Co., Inc., 7.38%, 12/15/26 | | | 34 | | | | 40,928 | |
Mauser Packaging Solutions Holding Co., 5.50%, 04/15/24(b)(h) | | | 794 | | | | 804,918 | |
OI European Group BV, 2.88%, 02/15/25 | | | EUR 100 | | | | 118,501 | |
Silgan Holdings, Inc., 4.13%, 02/01/28 | | | USD 58 | | | | 59,585 | |
Triton Water Holdings, Inc., 6.25%, 04/01/29(b) | | | 173 | | | | 176,460 | |
Trivium Packaging Finance BV(b)(h) | | | | | | | | |
5.50%, 08/15/26 | | | 1,004 | | | | 1,052,945 | |
8.50%, 08/15/27 | | | 1,367 | | | | 1,483,468 | |
| | | | | | | | |
| | | | | | | 8,591,321 | |
| | |
Biotechnology — 0.0% | | | | | | |
Emergent BioSolutions, Inc., 3.88%, 08/15/28(b) | | | 76 | | | | 74,290 | |
| | | | | | | | |
| | |
SCHEDULE OF INVESTMENTS | | 3 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Building Materials — 0.8% | |
Boise Cascade Co., 4.88%, 07/01/30(b) | | | USD 109 | | | $ | 114,177 | |
Cemex SAB de CV, 5.45%, 11/19/29 | | | 200 | | | | 217,600 | |
Cornerstone Building Brands, Inc., 6.13%, 01/15/29(b) | | | 362 | | | | 385,530 | |
CP Atlas Buyer, Inc., 7.00%, 12/01/28(b) | | | 323 | | | | 339,489 | |
Forterra Finance LLC/FRTA Finance Corp., 6.50%, 07/15/25(b) | | | 378 | | | | 406,350 | |
Griffon Corp., 5.75%, 03/01/28 | | | 87 | | | | 92,546 | |
James Hardie International Finance DAC, 5.00%, 01/15/28(b) | | | 200 | | | | 211,500 | |
Jeld-Wen, Inc.(b) | | | | | | | | |
6.25%, 05/15/25 | | | 146 | | | | 155,125 | |
4.63%, 12/15/25 | | | 55 | | | | 55,688 | |
4.88%, 12/15/27 | | | 17 | | | | 17,579 | |
Masonite International Corp.(b) | | | | | | | | |
5.75%, 09/15/26 | | | 86 | | | | 89,440 | |
5.38%, 02/01/28 | | | 101 | | | | 107,186 | |
Norbord, Inc., 6.25%, 04/15/23(b) | | | 152 | | | | 164,730 | |
SRM Escrow Issuer LLC, 6.00%, 11/01/28(b) | | | 1,188 | | | | 1,245,024 | |
Standard Industries, Inc. | | | | | | | | |
2.25%, 11/21/26 | | | EUR 100 | | | | 118,898 | |
5.00%, 02/15/27(b) | | | USD 174 | | | | 181,395 | |
4.75%, 01/15/28(b) | | | 46 | | | | 47,684 | |
4.38%, 07/15/30(b)(h) | | | 412 | | | | 415,708 | |
3.38%, 01/15/31(b)(h) | | | 364 | | | | 344,890 | |
Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/29(b) | | | 235 | | | | 245,281 | |
| | | | | | | | |
| | | | | | | 4,955,820 | |
|
Building Products(b) — 0.4% | |
Advanced Drainage Systems, Inc., 5.00%, 09/30/27 | | | 262 | | | | 274,463 | |
BCPE Ulysses Intermediate, Inc., (7.75% Cash or 8.50% PIK), 7.75%, 04/01/27(i) | | | 136 | | | | 141,100 | |
Foundation Building Materials, Inc., 6.00%, 03/01/29 | | | 208 | | | | 205,400 | |
LBM Acquisition LLC, 6.25%, 01/15/29 | | | 369 | | | | 380,070 | |
Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26 | | | 362 | | | | 373,765 | |
SRS Distribution, Inc., 8.25%, 07/01/26(h) | | | 466 | | | | 488,718 | |
White Cap Buyer LLC, 6.88%, 10/15/28 | | | 539 | | | | 572,251 | |
White Cap Parent LLC, (8.25% PIK), 8.25%, 03/15/26(i) | | | 210 | | | | 218,925 | |
| | | | | | | | |
| | | | | | | 2,654,692 | |
| | |
Capital Markets — 0.9% | | | | | | |
Charles Schwab Corp., Series H, (10 year CMT + 3.08%), 4.00%(a)(h)(m) | | | 2,835 | | | | 2,786,805 | |
Compass Group Diversified Holdings LLC, 5.25%, 04/15/29(b) | | | 254 | | | | 266,301 | |
Icahn Enterprises LP/Icahn Enterprises Finance Corp. | | | | | | | | |
6.25%, 02/01/22(h) | | | 113 | | | | 113,141 | |
4.75%, 09/15/24 | | | 93 | | | | 96,575 | |
6.38%, 12/15/25 | | | 120 | | | | 123,900 | |
6.25%, 05/15/26 | | | 366 | | | | 383,385 | |
5.25%, 05/15/27(h) | | | 489 | | | | 504,893 | |
4.38%, 02/01/29(b) | | | 201 | | | | 196,419 | |
Intercorp Peru Ltd., 3.88%, 08/15/29(b) | | | 225 | | | | 231,047 | |
LHC3 PLC, (4.13% Cash or 4.88% PIK), 4.13%, 08/15/24(i) | | | EUR 100 | | | | 119,029 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Capital Markets (continued) | | | | | | |
NFP Corp., 6.88%, 08/15/28(b) | | | USD 484 | | | $ | 502,150 | |
RP Escrow Issuer LLC, 5.25%, 12/15/25(b) | | | 156 | | | | 161,655 | |
| | | | | | | | |
| | | | | | | 5,485,300 | |
|
Chemicals — 1.2% | |
Axalta Coating Systems LLC, 3.38%, 02/15/29(b) | | | 297 | | | | 289,634 | |
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27(b) | | | 170 | | | | 177,701 | |
Blue Cube Spinco LLC, 10.00%, 10/15/25(h) | | | 267 | | | | 281,685 | |
Braskem Netherlands Finance BV, (5 year CMT + 8.22%), 8.50%, 01/23/81(a)(b) | | | 278 | | | | 315,530 | |
Chemours Co., 4.00%, 05/15/26 | | | EUR 100 | | | | 118,608 | |
Element Solutions, Inc., 3.88%, 09/01/28(b)(h) | | | USD1,247 | | | | 1,230,477 | |
Equate Petrochemical BV, 4.25%, 11/03/26(b) | | | 211 | | | | 229,858 | |
GCP Applied Technologies, Inc., 5.50%, 04/15/26(b) | | | 165 | | | | 169,736 | |
HB Fuller Co., 4.25%, 10/15/28 | | | 98 | | | | 99,574 | |
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/28(b) | | | 360 | | | | 405,108 | |
INEOS Finance PLC, 3.38%, 03/31/26 | | | EUR 100 | | | | 120,495 | |
Ingevity Corp., 3.88%, 11/01/28(b) | | | USD 84 | | | | 81,480 | |
Minerals Technologies, Inc., 5.00%, 07/01/28(b) | | | 169 | | | | 174,281 | |
Monitchem HoldCo 3 SA, 5.25%, 03/15/25 | | | EUR 100 | | | | 120,642 | |
NOVA Chemicals Corp., 4.88%, 06/01/24(b) | | | USD 67 | | | | 70,015 | |
Orbia Advance Corp. SAB de CV, 5.50%, 01/15/48(b) | | | 200 | | | | 226,250 | |
PQ Corp., 5.75%, 12/15/25(b)(h) | | | 543 | | | | 556,575 | |
Sasol Financing USA LLC, 5.50%, 03/18/31 | | | 200 | | | | 196,000 | |
Scotts Miracle-Gro Co., 4.00%, 04/01/31(b) | | | 262 | | | | 258,332 | |
Valvoline, Inc., 3.63%, 06/15/31(b) | | | 1 | | | | 968 | |
WESCO Distribution, Inc.(b)(h) | | | | | | | | |
7.13%, 06/15/25 | | | 676 | | | | 739,206 | |
7.25%, 06/15/28 | | | 616 | | | | 687,699 | |
WR Grace & Co-Conn, 5.63%, 10/01/24(b) | | | 216 | | | | 237,060 | |
Yingde Gases Investment Ltd., 6.25%, 01/19/23 | | | 200 | | | | 206,375 | |
| | | | | | | | |
| | | | | | | 6,993,289 | |
| | |
Commercial Services & Supplies — 0.6% | | | | | | |
ADT Security Corp. | | | | | | | | |
4.13%, 06/15/23 | | | 9 | | | | 9,349 | |
4.88%, 07/15/32(b)(h) | | | 557 | | | | 566,051 | |
APX Group, Inc. | | | | | | | | |
7.88%, 12/01/22(h) | | | 252 | | | | 252,945 | |
8.50%, 11/01/24 | | | 60 | | | | 62,250 | |
ASGN, Inc., 4.63%, 05/15/28(b) | | | 91 | | | | 93,883 | |
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 5.38%, 03/01/29(b) | | | 106 | | | | 109,649 | |
DAE Funding LLC, 3.38%, 03/20/28(b) | | | 250 | | | | 247,500 | |
Fortress Transportation & Infrastructure Investors LLC, 6.50%, 10/01/25(b) | | | 75 | | | | 78,375 | |
Herc Holdings, Inc., 5.50%, 07/15/27(b) | | | 383 | | | | 407,589 | |
Intertrust Group BV, 3.38%, 11/15/25 | | | EUR 100 | | | | 120,202 | |
NESCO Holdings II, Inc., 5.50%, 04/15/29(b)(c) | | | USD 306 | | | | 313,895 | |
Prime Security Services Borrower LLC/Prime | | | | | | | | |
Finance, Inc.(b) | | | | | | | | |
5.25%, 04/15/24 | | | 141 | | | | 150,398 | |
5.75%, 04/15/26(h) | | | 320 | | | | 346,256 | |
3.38%, 08/31/27 | | | 238 | | | | 230,860 | |
Ritchie Bros Auctioneers, Inc., 5.38%, 01/15/25(b) | | | 187 | | | | 192,395 | |
United Rentals North America, Inc. | | | | | | | | |
5.88%, 09/15/26 | | | 17 | | | | 17,786 | |
5.50%, 05/15/27 | | | 339 | | | | 361,543 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Commercial Services & Supplies (continued) | |
United Rentals North America, Inc. (continued) | | | | | | | | |
3.88%, 11/15/27 | | | USD 178 | | | $ | 184,452 | |
5.25%, 01/15/30 | | | 161 | | | | 174,733 | |
| | | | | | | | |
| | | | | | | 3,920,111 | |
|
Communications Equipment — 0.7% | |
Avaya, Inc., 6.13%, 09/15/28(b)(h) | | | 606 | | | | 643,308 | |
CommScope Technologies LLC(b) | | | | | | | | |
6.00%, 06/15/25 | | | 360 | | | | 367,218 | |
5.00%, 03/15/27 | | | 240 | | | | 237,751 | |
CommScope, Inc.(b) | | | | | | | | |
5.50%, 03/01/24(h) | | | 749 | | | | 772,406 | |
6.00%, 03/01/26 | | | 331 | | | | 348,770 | |
8.25%, 03/01/27 | | | 347 | | | | 371,290 | |
7.13%, 07/01/28 | | | 193 | | | | 204,982 | |
Nokia OYJ | | | | | | | | |
3.38%, 06/12/22 | | | 106 | | | | 108,385 | |
4.38%, 06/12/27 | | | 149 | | | | 157,940 | |
ViaSat, Inc.(b)(h) | | | | | | | | |
5.63%, 04/15/27 | | | 515 | | | | 540,191 | |
6.50%, 07/15/28 | | | 477 | | | | 502,310 | |
| | | | | | | | |
| | | | | | | 4,254,551 | |
|
Construction & Engineering — 0.2% | |
Arcosa, Inc., 4.38%, 04/15/29(b) | | | 349 | | | | 355,544 | |
frontdoor, Inc., 6.75%, 08/15/26(b)(h) | | | 473 | | | | 503,154 | |
KBR, Inc., 4.75%, 09/30/28(b) | | | 186 | | | | 188,929 | |
SPIE SA, 2.63%, 06/18/26 | | | EUR 100 | | | | 120,788 | |
| | | | | | | | |
| | | | | | | 1,168,415 | |
|
Construction Materials(b) — 0.8% | |
American Builders & Contractors Supply Co., Inc. | | | | | | | | |
5.88%, 05/15/26 | | | USD 412 | | | | 425,464 | |
4.00%, 01/15/28(h) | | | 375 | | | | 375,000 | |
Core & Main LP, 6.13%, 08/15/25(h) | | | 1,743 | | | | 1,788,911 | |
H&E Equipment Services, Inc., 3.88%, 12/15/28 | | | 93 | | | | 90,443 | |
IAA, Inc., 5.50%, 06/15/27 | | | 372 | | | | 390,135 | |
Picasso Finance Sub, Inc., 6.13%, 06/15/25(h) | | | 449 | | | | 530,187 | |
Williams Scotsman International, Inc., 4.63%, 08/15/28 | | | 243 | | | | 247,556 | |
Winnebago Industries, Inc., 6.25%, 07/15/28 | | | 137 | | | | 146,761 | |
Wolverine Escrow LLC | | | | | | | | |
8.50%, 11/15/24(h) | | | 254 | | | | 253,365 | |
9.00%, 11/15/26 | | | 903 | | | | 902,142 | |
| | | | | | | | |
| | | | | | | 5,149,964 | |
| | |
Consumer Discretionary — 0.9% | | | | | | |
Atento Luxco 1 SA, 8.00%, 02/10/26(b) | | | 200 | | | | 209,875 | |
Carnival Corp. | | | | | | | | |
11.50%, 04/01/23(b) | | | 281 | | | | 322,096 | |
10.13%, 02/01/26 | | | EUR 100 | | | | 135,761 | |
5.75%, 03/01/27(b)(h) | | | USD1,124 | | | | 1,153,505 | |
9.88%, 08/01/27(b) | | | 172 | | | | 202,511 | |
Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer Inc., 5.00%, 02/01/26(b) | | | 141 | | | | 143,468 | |
Life Time, Inc.(b) | | | | | | | | |
5.75%, 01/15/26 | | | 334 | | | | 343,619 | |
8.00%, 04/15/26 | | | 188 | | | | 193,640 | |
NCL Corp. Ltd., 5.88%, 03/15/26(b) | | | 169 | | | | 170,690 | |
NCL Finance Ltd., 6.13%, 03/15/28(b) | | | 576 | | | | 586,800 | |
Nielsen Finance LLC/Nielsen Finance Co.(b) 5.63%, 10/01/28 | | | 479 | | | | 503,549 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Consumer Discretionary (continued) | |
Nielsen Finance LLC/Nielsen Finance Co.(b) (continued) | | | | | | | | |
5.88%, 10/01/30 | | | USD 239 | | | $ | 259,016 | |
Royal Caribbean Cruises Ltd.(b) | | | | | | | | |
10.88%, 06/01/23 | | | 90 | | | | 103,527 | |
9.13%, 06/15/23 | | | 153 | | | | 168,595 | |
11.50%, 06/01/25 | | | 202 | | | | 235,582 | |
5.50%, 04/01/28 | | | 478 | | | | 480,390 | |
Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29(b) | | | 135 | | | | 136,391 | |
| | | | | | | | |
| | | | | | | 5,349,015 | |
| | |
Consumer Finance — 1.0% | | | | | | |
Equifax, Inc., 2.60%, 12/15/25 | | | 59 | | | | 61,850 | |
MPH Acquisition Holdings LLC, 5.75%, 11/01/28(b)(h) | | | 723 | | | | 704,925 | |
Muthoot Finance Ltd. | | | | | | | | |
6.13%, 10/31/22(b) | | | 427 | | | | 442,479 | |
4.40%, 09/02/23 | | | 200 | | | | 202,875 | |
Navient Corp. | | | | | | | | |
7.25%, 09/25/23 | | | 129 | | | | 139,621 | |
6.13%, 03/25/24 | | | 86 | | | | 91,052 | |
5.88%, 10/25/24 | | | 82 | | | | 86,109 | |
5.00%, 03/15/27 | | | 258 | | | | 258,645 | |
OneMain Finance Corp. | | | | | | | | |
6.13%, 05/15/22 | | | 70 | | | | 73,325 | |
6.88%, 03/15/25 | | | 226 | | | | 257,058 | |
7.13%, 03/15/26 | | | 374 | | | | 431,353 | |
6.63%, 01/15/28 | | | 221 | | | | 250,462 | |
5.38%, 11/15/29 | | | 36 | | | | 38,295 | |
4.00%, 09/15/30 | | | 3 | | | | 2,917 | |
PayPal Holdings, Inc., 1.65%, 06/01/25 | | | 162 | | | | 164,981 | |
Sabre GLBL, Inc.(b) | | | | | | | | |
9.25%, 04/15/25 | | | 227 | | | | 270,697 | |
7.38%, 09/01/25 | | | 252 | | | | 275,008 | |
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 4.63%, 11/01/26(b) | | | 244 | | | | 253,150 | |
Verscend Escrow Corp., 9.75%, 08/15/26(b)(h) | | | 1,758 | | | | 1,884,963 | |
| | | | | | | | |
| | | | | | | 5,889,765 | |
| | |
Containers & Packaging — 0.4% | | | | | | |
Celulosa Arauco y Constitucion SA, 4.20%, 01/29/30 | | | 200 | | | | 215,562 | |
Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26 | | | 196 | | | | 208,250 | |
Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26 | | | 424 | | | | 439,688 | |
Graham Packaging Co., Inc., 7.13%, 08/15/28(b) | | | 60 | | | | 63,825 | |
Graphic Packaging International LLC(b) | | | | | | | | |
4.75%, 07/15/27 | | | 89 | | | | 97,232 | |
3.50%, 03/15/28 | | | 17 | | | | 16,915 | |
3.50%, 03/01/29 | | | 61 | | | | 59,323 | |
Intelligent Packaging Ltd. Finco, Inc./Intelligent Packaging Ltd. Co-Issuer LLC, 6.00%, 09/15/28(b) | | | 162 | | | | 167,265 | |
Intertape Polymer Group, Inc., 7.00%, 10/15/26(b) | | | 201 | | | | 211,427 | |
Klabin Austria GmbH, 3.20%, 01/12/31(b) | | | 200 | | | | 190,000 | |
LABL Escrow Issuer LLC(b) | | | | | | | | |
6.75%, 07/15/26(h) | | | 380 | | | | 407,075 | |
10.50%, 07/15/27 | | | 176 | | | | 195,994 | |
| | |
SCHEDULE OF INVESTMENTS | | 5 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Containers & Packaging (continued) | |
Sealed Air Corp.(b) | | | | | | | | |
5.13%, 12/01/24 | | | USD 46 | | | $ | 49,795 | |
4.00%, 12/01/27 | | | 73 | | | | 74,734 | |
6.88%, 07/15/33 | | | 44 | | | | 54,143 | |
Suzano Austria GmbH, 3.75%, 01/15/31 | | | 105 | | | | 108,402 | |
| | | | | | | | |
| | | | | | | 2,559,630 | |
|
Diversified Consumer Services — 1.0% | |
Allied Universal Holdco LLC/Allied Universal Finance Corp.(b)(h) | | | | | | | | |
6.63%, 07/15/26 | | | 1,998 | | | | 2,118,839 | |
9.75%, 07/15/27 | | | 774 | | | | 849,233 | |
Ascend Learning LLC(b) | | | | | | | | |
6.88%, 08/01/25(h) | | | 690 | | | | 707,250 | |
6.88%, 08/01/25 | | | 317 | | | | 324,925 | |
Garda World Security Corp.(b) | | | | | | | | |
4.63%, 02/15/27 | | | 284 | | | | 284,000 | |
9.50%, 11/01/27(h) | | | 191 | | | | 211,412 | |
Graham Holdings Co., 5.75%, 06/01/26(b) | | | 140 | | | | 146,314 | |
Laureate Education, Inc., 8.25%, 05/01/25(b) | | | 114 | | | | 119,130 | |
Rekeep SpA, 7.25%, 02/01/26 | | | EUR 100 | | | | 125,303 | |
Service Corp. International | | | | | | | | |
5.13%, 06/01/29 | | | USD 238 | | | | 255,422 | |
3.38%, 08/15/30(h) | | | 263 | | | | 256,701 | |
Sotheby’s, 7.38%, 10/15/27(b)(h) | | | 451 | | | | 487,693 | |
| | | | | | | | |
| | | | | | | 5,886,222 | |
|
Diversified Financial Services — 2.5% | |
Arrow Global Finance PLC, 5.13%, 09/15/24 | | | GBP 100 | | | | 139,026 | |
Barclays PLC | | | | | | | | |
3.65%, 03/16/25(h) | | | USD3,600 | | | | 3,869,173 | |
5.20%, 05/12/26 | | | 200 | | | | 226,042 | |
BNP Paribas SA, (5 year CMT + 3.34%), 4.63%(a)(b)(h)(m) | | | 1,500 | | | | 1,490,625 | |
Central Garden & Pet Co., 4.13%, 10/15/30 | | | 188 | | | | 189,880 | |
Citigroup, Inc.(a)(m) | | | | | | | | |
(5 year CMT + 3.42%), 3.88%(h) | | | 2,000 | | | | 1,990,660 | |
Series W, (5 year CMT + 3.60%), 4.00% | | | 155 | | | | 156,511 | |
Credit Suisse Group AG, (5 year CMT + 3.55%), 4.50%(a)(b)(m) | | | 200 | | | | 187,500 | |
Garfunkelux Holdco 3 SA, 7.75%, 11/01/25 | | | GBP 100 | | | | 142,447 | |
Global Aircraft Leasing Co. Ltd., (6.50% Cash or 7.25% PIK), 6.50%, 09/15/24(b)(i) | | | USD 223 | | | | 213,637 | |
Goldman Sachs Group, Inc., Series R, (5 year CMT + 3.22%), 4.95%(a)(h)(m) | | | 730 | | | | 772,194 | |
HSBC Holdings PLC | | | | | | | | |
4.38%, 11/23/26(h) | | | 395 | | | | 439,948 | |
(5 year CMT + 3.22%), 4.00%(a)(m) | | | 290 | | | | 288,550 | |
(5 year USD ICE Swap + 4.37%), 6.38%(a)(h)(m) | | | 1,250 | | | | 1,377,500 | |
Intrum AB, 3.00%, 09/15/27 | | | EUR 100 | | | | 113,645 | |
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(b) | | | | | | | | |
5.25%, 03/15/22 | | | USD 23 | | | | 23,173 | |
4.25%, 02/01/27(h) | | | 315 | | | | 310,275 | |
Lloyds Banking Group PLC, (5 year CMT + 4.82%), 6.75%(a)(h)(m) | | | 450 | | | | 506,254 | |
Manappuram Finance Ltd., 5.90%, 01/13/23 | | | 200 | | | | 206,812 | |
Morgan Stanley, 4.00%, 07/23/25(h) | | | 965 | | | | 1,070,914 | |
Operadora de Servicios Mega SA de CV Sofom ER, 8.25%, 02/11/25(b) | | | 300 | | | | 303,056 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Diversified Financial Services (continued) | |
Shriram Transport Finance Co. Ltd. | | | | | | | | |
5.95%, 10/24/22 | | | USD 420 | | | $ | 430,237 | |
5.10%, 07/16/23 | | | 200 | | | | 203,188 | |
Spectrum Brands, Inc.(b) | | | | | | | | |
5.00%, 10/01/29 | | | 178 | | | | 187,790 | |
5.50%, 07/15/30 | | | 154 | | | | 164,780 | |
3.88%, 03/15/31 | | | 98 | | | | 95,918 | |
United Wholesale Mortgage LLC, 5.50%, 04/15/29(b) | | | 164 | | | | 164,000 | |
| | | | | | | | |
| | | | | | | 15,263,735 | |
|
Diversified Telecommunication Services — 2.8% | |
Axtel SAB de CV, 6.38%, 11/14/24(b) | | | 200 | | | | 208,813 | |
Cincinnati Bell, Inc.(b) | | | | | | | | |
7.00%, 07/15/24 | | | 144 | | | | 148,500 | |
8.00%, 10/15/25 | | | 67 | | | | 71,266 | |
Consolidated Communications, Inc., 6.50%, 10/01/28(b)(h) | | | 471 | | | | 508,741 | |
Frontier Communications Corp.(b) | | | | | | | | |
5.88%, 10/15/27(h) | | | 462 | | | | 489,720 | |
5.00%, 05/01/28 | | | 674 | | | | 686,388 | |
6.75%, 05/01/29 | | | 524 | | | | 552,663 | |
Intelsat Jackson Holdings SA, 8.00%, 02/15/24(b) | | | 476 | | | | 492,660 | |
Level 3 Financing, Inc. | | | | | | | | |
5.38%, 05/01/25 | | | 90 | | | | 91,890 | |
4.63%, 09/15/27(b) | | | 111 | | | | 114,238 | |
4.25%, 07/01/28(b)(h) | | | 714 | | | | 722,075 | |
3.75%, 07/15/29(b) | | | 250 | | | | 244,663 | |
Lumen Technologies, Inc. | | | | | | | | |
5.13%, 12/15/26(b)(h) | | | 1,001 | | | | 1,054,433 | |
4.00%, 02/15/27(b)(h) | | | 349 | | | | 356,479 | |
4.50%, 01/15/29(b) | | | 551 | | | | 537,390 | |
Series P, 7.60%, 09/15/39(h) | | | 187 | | | | 214,115 | |
Series U, 7.65%, 03/15/42(h) | | | 290 | | | | 329,875 | |
Series W, 6.75%, 12/01/23(h) | | | 512 | | | | 565,176 | |
Series Y, 7.50%, 04/01/24(h) | | | 516 | | | | 578,359 | |
Oi SA, (10.00% Cash or 8.00% Cash + 4.00% PIK), 10.00%, 07/27/25(i) | | | 216 | | | | 225,720 | |
SoftBank Group Corp. | | | | | | | | |
4.50%, 04/20/25 | | | EUR 100 | | | | 128,374 | |
4.75%, 07/30/25 | | | 100 | | | | 130,023 | |
5.00%, 04/15/28 | | | 100 | | | | 132,222 | |
Sprint Capital Corp.(h) | | | | | | | | |
6.88%, 11/15/28 | | | USD1,259 | | | | 1,587,561 | |
8.75%, 03/15/32 | | | 659 | | | | 974,496 | |
Switch Ltd., 3.75%, 09/15/28(b) | | | 348 | | | | 342,683 | |
Telecom Italia Capital SA | | | | | | | | |
6.38%, 11/15/33 | | | 222 | | | | 261,307 | |
6.00%, 09/30/34 | | | 432 | | | | 489,953 | |
7.20%, 07/18/36 | | | 98 | | | | 123,679 | |
7.72%, 06/04/38 | | | 44 | | | | 58,685 | |
Telecom Italia SpA | | | | | | | | |
4.00%, 04/11/24 | | | EUR 150 | | | | 189,735 | |
5.30%, 05/30/24(b)(h) | | | USD 400 | | | | 433,230 | |
1.63%, 01/18/29 | | | EUR 100 | | | | 114,572 | |
Verizon Communications, Inc., 3.38%, 02/15/25(h) | | | USD 156 | | | | 169,208 | |
Zayo Group Holdings, Inc.(b)(h) | | | | | | | | |
4.00%, 03/01/27 | | | 2,575 | | | | 2,529,938 | |
6.13%, 03/01/28 | | | 1,349 | | | | 1,384,411 | |
| | | | | | | | |
| | | | | | | 17,243,241 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Education — 0.0% | |
Bright Scholar Education Holdings Ltd., 7.45 %, 07/31/22 | | | USD 200 | | | $ | 207,438 | |
| | | | | | | | |
|
Electric Utilities — 0.7% | |
Black Hills Corp., 3.15%, 01/15/27(h) | | | 305 | | | | 325,472 | |
Empresas Publicas de Medellin ESP, 4.25%, 07/18/29(b) | | | 275 | | | | 276,031 | |
Enel Finance International NV, 3.63%, 05/25/27(b)(h). | | | 900 | | | | 973,554 | |
Energuate Trust, 5.88%, 05/03/27(b) | | | 200 | | | | 211,020 | |
Exelon Corp., 3.40%, 04/15/26(h) | | | 140 | | | | 151,459 | |
FirstEnergy Corp. | | | | | | | | |
2.65%, 03/01/30 | | | 26 | | | | 24,725 | |
Series B, 4.40%, 07/15/27 | | | 136 | | | | 146,200 | |
Series B, 2.25%, 09/01/30 | | | 21 | | | | 19,477 | |
Series C, 5.35%, 07/15/47 | | | 503 | | | | 564,956 | |
Series C, 3.40%, 03/01/50 | | | 155 | | | | 135,625 | |
FirstEnergy Transmission LLC(b) | | | | | | | | |
5.45%, 07/15/44 | | | 347 | | | | 400,910 | |
4.55%, 04/01/49 | | | 163 | | | | 171,892 | |
NextEra Energy Operating Partners LP(b) | | | | | | | | |
4.25%, 07/15/24(h) | | | 170 | | | | 178,925 | |
4.25%, 09/15/24 | | | 9 | | | | 9,495 | |
PG&E Corp., 5.25%, 07/01/30 | | | 233 | | | | 246,980 | |
Pike Corp., 5.50%, 09/01/28(b) | | | 250 | | | | 254,375 | |
Public Power Corp SA, 3.88%, 03/30/26 | | | EUR 100 | | | | 119,050 | |
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc.(a)(d) | | | | | | | | |
11.50%, 10/01/20 | | | USD 300 | | | | — | |
11.50%, 11/10/21 | | | 780 | | | | — | |
| | | | | | | | |
| | | | | | | 4,210,146 | |
|
Electrical Equipment(b) — 0.1% | |
Gates Global LLC/Gates Corp., 6.25%, 01/15/26 | | | 352 | | | | 368,720 | |
GrafTech Finance, Inc., 4.63%, 12/15/28 | | | 136 | | | | 137,020 | |
| | | | | | | | |
| | | | | | | 505,740 | |
|
Electronic Equipment, Instruments & Components — 0.3% | |
BWX Technologies, Inc.(b) | | | | | | | | |
5.38%, 07/15/26 | | | 209 | | | | 215,792 | |
4.13%, 06/30/28 | | | 251 | | | | 254,137 | |
4.13%, 04/15/29(c) | | | 174 | | | | 176,393 | |
CDW LLC/CDW Finance Corp. | | | | | | | | |
4.13%, 05/01/25 | | | 188 | | | | 195,520 | |
3.25%, 02/15/29(h) | | | 309 | | | | 305,137 | |
Energizer Holdings, Inc.(b) | | | | | | | | |
4.75%, 06/15/28 | | | 256 | | | | 264,000 | |
4.38%, 03/31/29 | | | 19 | | | | 19,067 | |
Itron, Inc., 5.00%, 01/15/26(b) | | | 25 | | | | 25,613 | |
Xerox Corp., 4.80%, 03/01/35 | | | 203 | | | | 203,093 | |
| | | | | | | | |
| | | | | | | 1,658,752 | |
|
Energy Equipment & Services — 0.4% | |
Archrock Partners LP/Archrock Partners Finance Corp.(b) | | | | | | | | |
6.88%, 04/01/27 | | | 139 | | | | 144,907 | |
6.25%, 04/01/28 | | | 706 | | | | 717,155 | |
ChampionX Corp., 6.38%, 05/01/26 | | | 239 | | | | 250,352 | |
Halliburton Co., 3.80%, 11/15/25(h) | | | 7 | | | | 7,698 | |
Pioneer Energy Services Corp.(b)(d)(i) | | | | | | | | |
(11.00% Cash or 11.00% PIK), 11.00%, 05/15/25 . | | | 110 | | | | 110,164 | |
(5.00% PIK), 5.00%, 11/15/25 | | | 78 | | | | 77,752 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Energy Equipment & Services (continued) | | | | | | |
TechnipFMC PLC, 6.50%, 02/01/26(b) | | | USD 321 | | | $ | 335,876 | |
USA Compression Partners LP/USA Compression Finance Corp. | | | | | | | | |
6.88%, 04/01/26 | | | 336 | | | | 344,610 | |
6.88%, 09/01/27(h) | | | 632 | | | | 650,960 | |
| | | | | | | | |
| | | | | | | 2,639,474 | |
|
Environmental, Maintenance, & Security Service — 0.5% | |
Clean Harbors, Inc.(b)(h) | | | | | | | | |
4.88%, 07/15/27 | | | 250 | | | | 263,750 | |
5.13%, 07/15/29 | | | 172 | | | | 182,601 | |
Covanta Holding Corp., 5.00%, 09/01/30 | | | 139 | | | | 140,390 | |
GFL Environmental, Inc.(b) | | | | | | | | |
4.25%, 06/01/25 | | | 86 | | | | 88,580 | |
3.75%, 08/01/25 | | | 266 | | | | 269,990 | |
5.13%, 12/15/26(h) | | | 563 | | | | 593,261 | |
8.50%, 05/01/27 | | | 233 | | | | 256,591 | |
4.00%, 08/01/28 | | | 337 | | | | 326,048 | |
3.50%, 09/01/28 | | | 198 | | | | 192,060 | |
Stericycle, Inc., 3.88%, 01/15/29(b) | | | 162 | | | | 159,975 | |
Tervita Corp., 11.00%, 12/01/25(b) | | | 191 | | | | 216,785 | |
Waste Pro USA, Inc., 5.50%, 02/15/26(b)(h) | | | 471 | | | | 482,186 | |
| | | | | | | | |
| | | | | | | 3,172,217 | |
|
Equity Real Estate Investment Trusts (REITs) — 1.5% | |
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL, 5.75%, 05/15/26(b) | | | 141 | | | | 145,160 | |
ERP Operating LP, 3.38%, 06/01/25(h) | | | 1,015 | | | | 1,099,806 | |
Global Net Lease, Inc./Global Net Lease Operating Partnership LP, 3.75%, 12/15/27(b) | | | 219 | | | | 213,465 | |
Iron Mountain, Inc.(b)(h) | | | | | | | | |
5.25%, 07/15/30 | | | 554 | | | | 571,617 | |
5.63%, 07/15/32 | | | 372 | | | | 388,740 | |
LMIRT Capital Pte Ltd., 7.25%, 06/19/24 | | | 229 | | | | 233,795 | |
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc. | | | | | | | | |
5.63%, 05/01/24(h) | | | 1,334 | | | | 1,431,873 | |
4.63%, 06/15/25(b) | | | 455 | | | | 479,888 | |
4.50%, 09/01/26(h) | | | 637 | | | | 666,678 | |
5.75%, 02/01/27 | | | 27 | | | | 29,766 | |
4.50%, 01/15/28 | | | 432 | | | | 446,990 | |
3.88%, 02/15/29(b) | | | 308 | | | | 306,806 | |
MPT Operating Partnership LP/MPT Finance Corp.(h) | | | | | | | | |
5.00%, 10/15/27 | | | 66 | | | | 69,432 | |
4.63%, 08/01/29 | | | 399 | | | | 419,760 | |
3.50%, 03/15/31 | | | 813 | | | | 797,813 | |
RHP Hotel Properties LP/RHP Finance Corp. | | | | | | | | |
4.75%, 10/15/27(h) | | | 604 | | | | 618,266 | |
4.50%, 02/15/29(b) | | | 179 | | | | 179,711 | |
Starwood Property Trust, Inc., 5.00%, 12/15/21 | | | 234 | | | | 237,218 | |
Trust Fibra Uno, 6.95%, 01/30/44 | | | 200 | | | | 232,063 | |
Ventas Realty LP, 4.13%, 01/15/26(h) | | | 650 | | | | 728,393 | |
| | | | | | | | |
| | | | | | | 9,297,240 | |
|
Food & Staples Retailing — 1.5% | |
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC | | | | | | | | |
5.75%, 03/15/25 | | | 11 | | | | 11,360 | |
3.25%, 03/15/26(b)(h) | | | 582 | | | | 579,771 | |
| | |
SCHEDULE OF INVESTMENTS | | 7 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Food & Staples Retailing (continued) | |
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC (continued) | | | | | | | | |
7.50%, 03/15/26(b)(h) | | | USD 107 | | | $ | 118,194 | |
4.63%, 01/15/27(b)(h) | | | 766 | | | | 793,917 | |
5.88%, 02/15/28(b) | | | 320 | | | | 341,200 | |
4.88%, 02/15/30(b) | | | 138 | | | | 141,864 | |
BRF GmbH, 4.35%, 09/29/26 | | | 200 | | | | 204,562 | |
Cydsa SAB de CV, 6.25%, 10/04/27(b) | | | 252 | | | | 263,970 | |
Grupo KUO SAB de CV, 5.75%, 07/07/27(b) | | | 200 | | | | 209,812 | |
Health & Happiness H&H International Holdings Ltd., 5.63%, 10/24/24 | | | 200 | | | | 208,500 | |
Kraft Heinz Foods Co. | | | | | | | | |
4.25%, 03/01/31(h) | | | 604 | | | | 664,965 | |
5.00%, 07/15/35 | | | 127 | | | | 146,171 | |
6.88%, 01/26/39(h) | | | 233 | | | | 320,977 | |
4.63%, 10/01/39 | | | 77 | | | | 83,192 | |
6.50%, 02/09/40 | | | 155 | | | | 202,415 | |
5.00%, 06/04/42 | | | 129 | | | | 145,177 | |
5.20%, 07/15/45 | | | 351 | | | | 405,951 | |
4.38%, 06/01/46(h) | | | 410 | | | | 428,601 | |
4.88%, 10/01/49(h) | | | 906 | | | | 1,016,181 | |
5.50%, 06/01/50(h) | | | 1,186 | | | | 1,451,903 | |
Lamb Weston Holdings, Inc., 4.88%, 05/15/28(b)(h) | | | 241 | | | | 260,232 | |
Picard Groupe SAS, (3 mo. EURIBOR + 3.00%), 3.00%, 11/30/23(a) | | | EUR 100 | | | | 117,105 | |
Post Holdings, Inc.(b) | | | | | | | | |
5.75%, 03/01/27 | | | USD 253 | | | | 266,095 | |
5.63%, 01/15/28 | | | 73 | | | | 76,813 | |
5.50%, 12/15/29(h) | | | 230 | | | | 246,284 | |
4.63%, 04/15/30(h) | | | 170 | | | | 170,425 | |
4.50%, 09/15/31 | | | 61 | | | | 60,329 | |
U.S. Foods, Inc., 4.75%, 02/15/29(b) | | | 301 | | | | 301,000 | |
| | | | | | | | |
| | | | | | | 9,236,966 | |
|
Food Products(b) — 0.7% | |
Aramark Services, Inc.(h) | | | | | | | | |
5.00%, 04/01/25 | | | 623 | | | | 637,796 | |
6.38%, 05/01/25 | | | 243 | | | | 257,580 | |
5.00%, 02/01/28 | | | 658 | | | | 682,839 | |
Chobani LLC/Chobani Finance Corp., Inc.(h) | | | | | | | | |
7.50%, 04/15/25 | | | 512 | | | | 532,966 | |
4.63%, 11/15/28 | | | 242 | | | | 246,840 | |
Grupo Bimbo SAB de CV, (5 year CMT + 3.28%), 5.95%(a)(m) | | | 200 | | | | 211,500 | |
JBS USA LUX SA/JBS USA Finance, Inc., 6.75%, 02/15/28 | | | 361 | | | | 394,393 | |
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 6.50%, 04/15/29(h) | | | 492 | | | | 555,714 | |
MHP Lux SA, 6.25%, 09/19/29 | | | 200 | | | | 198,250 | |
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed, 4.63%, 03/01/29 | | | 284 | | | | 286,491 | |
| | | | | | | | |
| | | | | | | 4,004,369 | |
|
Gas Utilities — 0.0% | |
Superior Plus LP/Superior General Partner, Inc., | | | | | | | | |
4.50%, 03/15/29(b) | | | 133 | | | | 134,357 | |
|
Health Care Equipment & Supplies(b) — 0.5% | |
Avantor Funding, Inc., 4.63%, 07/15/28(h) | | | 959 | | | | 1,001,541 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Health Care Equipment & Supplies (continued) | | | | | | |
Hologic, Inc., 3.25%, 02/15/29 | | | USD 87 | | | $ | 85,913 | |
Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics SA(h) | | | | | | | | |
7.38%, 06/01/25 | | | 353 | | | | 379,510 | |
7.25%, 02/01/28 | | | 1,479 | | | | 1,620,481 | |
| | | | | | | | |
| | | | | | | 3,087,445 | |
|
Health Care Providers & Services — 3.8% | |
Acadia Healthcare Co., Inc.(b) | | | | | | | | |
5.50%, 07/01/28 | | | 204 | | | | 214,761 | |
5.00%, 04/15/29 | | | 171 | | | | 177,450 | |
AdaptHealth LLC(b) | | | | | | | | |
6.13%, 08/01/28 | | | 147 | | | | 155,820 | |
4.63%, 08/01/29 | | | 105 | | | | 104,475 | |
AHP Health Partners, Inc., 9.75%, 07/15/26(b) | | | 353 | | | | 382,564 | |
Anthem, Inc., 2.75%, 10/15/42(k) | | | 128 | | | | 641,446 | |
Centene Corp. | | | | | | | | |
4.25%, 12/15/27(h) | | | 517 | | | | 543,820 | |
4.63%, 12/15/29(h) | | | 1,590 | | | | 1,720,865 | |
3.00%, 10/15/30 | | | 423 | | | | 422,298 | |
2.50%, 03/01/31 | | | 818 | | | | 781,206 | |
CHS/Community Health Systems, Inc.(b) | | | | | | | | |
8.13%, 06/30/24 | | | 143 | | | | 150,014 | |
6.63%, 02/15/25(h) | | | 703 | | | | 742,108 | |
8.00%, 03/15/26(h) | | | 1,265 | | | | 1,367,844 | |
5.63%, 03/15/27 | | | 653 | | | | 684,017 | |
6.00%, 01/15/29 | | | 536 | | | | 566,820 | |
DaVita, Inc., 4.63%, 06/01/30(b) | | | 154 | | | | 156,904 | |
Encompass Health Corp. | | | | | | | | |
4.75%, 02/01/30 | | | 200 | | | | 205,740 | |
4.63%, 04/01/31 | | | 102 | | | | 105,570 | |
HCA, Inc. | | | | | | | | |
5.38%, 02/01/25(h) | | | 490 | | | | 546,602 | |
5.88%, 02/15/26 | | | 46 | | | | 52,728 | |
5.38%, 09/01/26(h) | | | 430 | | | | 484,825 | |
5.63%, 09/01/28(h) | | | 692 | | | | 795,800 | |
5.88%, 02/01/29(h) | | | 516 | | | | 601,140 | |
3.50%, 09/01/30(h) | | | 717 | | | | 723,073 | |
5.50%, 06/15/47(h) | | | 650 | | | | 808,466 | |
Legacy LifePoint Health LLC(b) | | | | | | | | |
6.75%, 04/15/25 | | | 190 | | | | 201,875 | |
4.38%, 02/15/27 | | | 217 | | | | 212,660 | |
LifePoint Health, Inc., 5.38%, 01/15/29(b) | | | 238 | | | | 234,430 | |
ModivCare, Inc., 5.88%, 11/15/25(b) | | | 71 | | | | 74,728 | |
Molina Healthcare, Inc.(b) | | | | | | | | |
4.38%, 06/15/28 | | | 336 | | | | 345,731 | |
3.88%, 11/15/30 | | | 280 | | | | 288,050 | |
Prime Healthcare Services, Inc., 7.25%, 11/01/25(b) | | | 174 | | | | 185,745 | |
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/01/26(b) | | | 53 | | | | 57,373 | |
Surgery Center Holdings, Inc.(b)(h) | | | | | | | | |
6.75%, 07/01/25 | | | 611 | | | | 624,564 | |
10.00%, 04/15/27 | | | 676 | | | | 745,290 | |
Teleflex, Inc. | | | | | | | | |
4.88%, 06/01/26 | | | 87 | | | | 89,175 | |
4.63%, 11/15/27 | | | 58 | | | | 61,408 | |
4.25%, 06/01/28(b)(h) | | | 368 | | | | 381,340 | |
Tenet Healthcare Corp. | | | | | | | | |
4.63%, 07/15/24(h) | | | 514 | | | | 524,635 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Health Care Providers & Services (continued) | |
Tenet Healthcare Corp. (continued) | | | | | | | | |
4.63%, 09/01/24(b)(h) | | | USD 367 | | | $ | 377,551 | |
7.50%, 04/01/25(b) | | | 163 | | | | 175,986 | |
4.88%, 01/01/26(b)(h) | | | 1,596 | | | | 1,659,457 | |
6.25%, 02/01/27(b)(h) | | | 91 | | | | 96,084 | |
5.13%, 11/01/27(b)(h) | | | 959 | | | | 1,002,826 | |
4.63%, 06/15/28(b) | | | 81 | | | | 83,023 | |
6.13%, 10/01/28(b)(h) | | | 430 | | | | 448,813 | |
UnitedHealth Group, Inc., 3.75%, 07/15/25(h) | | | 1,470 | | | | 1,628,023 | |
Vizient, Inc., 6.25%, 05/15/27(b) | | | 407 | | | | 431,929 | |
| | | | | | | | |
| | | | | | | 23,067,052 | |
|
Health Care Technology — 0.6% | |
Catalent Pharma Solutions, Inc. | | | | | | | | |
5.00%, 07/15/27(b)(h) | | | 365 | | | | 382,338 | |
2.38%, 03/01/28 | | | EUR 100 | | | | 116,708 | |
3.13%, 02/15/29(b) | | | USD 180 | | | | 172,800 | |
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25(b)(h) | | | 791 | | | | 806,306 | |
Charles River Laboratories International, Inc.(b) | | | | | | | | |
4.25%, 05/01/28 | | | 159 | | | | 163,770 | |
4.00%, 03/15/31 | | | 98 | | | | 99,622 | |
IQVIA, Inc.(b)(h) | | | | | | | | |
5.00%, 10/15/26 | | | 463 | | | | 480,941 | |
5.00%, 05/15/27 | | | 637 | | | | 672,541 | |
Mednax, Inc., 6.25%, 01/15/27(b) | | | 245 | | | | 261,979 | |
Syneos Health, Inc., 3.63%, 01/15/29(b)(h) | | | 465 | | | | 452,213 | |
Synlab Bondco PLC, (3 mo. EURIBOR + 4.75%), 4.75%, 07/01/25(a) | | | EUR 100 | | | | 118,813 | |
| | | | | | | | |
| | | | | | | 3,728,031 | |
|
Hotels, Restaurants & Leisure — 4.7% | |
1011778 BC ULC/New Red Finance, Inc.(b) | | | | | | | | |
5.75%, 04/15/25 | | | USD 207 | | | | 219,937 | |
3.88%, 01/15/28 | | | 362 | | | | 365,888 | |
4.38%, 01/15/28 | | | 302 | | | | 303,425 | |
Accor SA | | | | | | | | |
0.70%, 12/07/27 | | | EUR 32 | | | | 20,007 | |
(5 year EUR Swap + 4.56%), 4.38%(a)(m) | | | 100 | | | | 120,946 | |
Boyd Gaming Corp. | | | | | | | | |
8.63%, 06/01/25(b) | | | USD 97 | | | | 107,864 | |
6.38%, 04/01/26 | | | 146 | | | | 150,745 | |
6.00%, 08/15/26 | | | 112 | | | | 116,612 | |
4.75%, 12/01/27 | | | 179 | | | | 182,442 | |
Boyne USA, Inc., 7.25%, 05/01/25(b)(h) | | | 254 | | | | 264,033 | |
Caesars Entertainment, Inc.(b)(h) | | | | | | | | |
6.25%, 07/01/25 | | | 1,466 | | | | 1,562,778 | |
8.13%, 07/01/27 | | | 1,308 | | | | 1,442,390 | |
Caesars Resort Collection LLC/CRC Finco, Inc., 5.75%, 07/01/25(b)(h) | | | 478 | | | | 504,433 | |
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op, 5.50%, 05/01/25(b)(h) | | | 504 | | | | 530,480 | |
Champion Path Holdings Ltd. | | | | | | | | |
4.50%, 01/27/26 | | | 232 | | | | 241,207 | |
4.85%, 01/27/28 | | | 231 | | | | 241,291 | |
Churchill Downs, Inc.(b) | | | | | | | | |
5.50%, 04/01/27(h) | | | 899 | | | | 939,635 | |
4.75%, 01/15/28 | | | 358 | | | | 370,256 | |
Cirsa Finance International Sarl, 4.75%, 05/22/25 | | | EUR 100 | | | | 113,166 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Hotels, Restaurants & Leisure (continued) | |
Fortune Star BVI Ltd. | | | | | | | | |
5.95%, 01/29/23 | | | USD 200 | | | $ | 204,625 | |
6.75%, 07/02/23 | | | 250 | | | | 261,953 | |
5.95%, 10/19/25 | | | 475 | | | | 496,375 | |
5.05%, 01/27/27 | | | 200 | | | | 200,560 | |
Golden Nugget, Inc., 6.75%, 10/15/24(b)(h) | | | 1,462 | | | | 1,478,331 | |
Hilton Domestic Operating Co., Inc. | | | | | | | | |
5.38%, 05/01/25(b) | | | 145 | | | | 152,830 | |
5.75%, 05/01/28(b) | | | 99 | | | | 106,551 | |
4.88%, 01/15/30(h) | | | 952 | | | | 1,009,882 | |
4.00%, 05/01/31(b) | | | 233 | | | | 233,000 | |
International Game Technology PLC, 3.50%, 06/15/26 | | | EUR 100 | | | | 119,674 | |
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC, 5.25%, 06/01/26(b)(h) | | | USD 368 | | | | 379,253 | |
Marriott International, Inc., Series EE, 5.75%, 05/01/25 | | | 178 | | | | 204,254 | |
Marriott Ownership Resorts, Inc./ILG LLC, 6.50%, 09/15/26 | | | 40 | | | | 41,775 | |
McDonald’s Corp., 3.70%, 01/30/26(h) | | | 405 | | | | 446,355 | |
Melco Resorts Finance Ltd., 5.25%, 04/26/26 | | | 250 | | | | 257,891 | |
Merlin Entertainments PLC, 5.75%, 06/15/26(b) | | | 200 | | | | 211,500 | |
MGM China Holdings Ltd., 5.88%, 05/15/26 | | | 250 | | | | 261,719 | |
MGM Resorts International | | | | | | | | |
7.75%, 03/15/22(h) | | | 575 | | | | 605,705 | |
6.00%, 03/15/23(h) | | | 416 | | | | 445,640 | |
5.75%, 06/15/25 | | | 29 | | | | 31,610 | |
Powdr Corp., 6.00%, 08/01/25(b) | | | 229 | | | | 241,332 | |
Scientific Games International, Inc. | | | | | | | | |
8.63%, 07/01/25(b) | | | 203 | | | | 220,702 | |
5.00%, 10/15/25(b)(h) | | | 867 | | | | 897,952 | |
3.38%, 02/15/26 | | | EUR 100 | | | | 117,153 | |
8.25%, 03/15/26(b)(h) | | | USD 565 | | | | 605,962 | |
7.00%, 05/15/28(b) | | | 174 | | | | 185,938 | |
7.25%, 11/15/29(b) | | | 51 | | | | 55,335 | |
Six Flags Theme Parks, Inc., 7.00%, 07/01/25(b)(h) | | | 753 | | | | 814,181 | |
Spirit Issuer PLC, Series A5, 5.47%, 12/28/34 | | | GBP4,500 | | | | 6,886,064 | |
Stonegate Pub Co. Financing PLC, 8.25%, 07/31/25 | | | 100 | | | | 145,442 | |
Studio City Finance Ltd., 6.00%, 07/15/25 | | | USD 346 | | | | 364,395 | |
Vail Resorts, Inc., 6.25%, 05/15/25(b) | | | 154 | | | | 164,203 | |
Wyndham Hotels & Resorts, Inc., 4.38%, 08/15/28(b) | | | 158 | | | | 159,817 | |
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/27(b) | | | 192 | | | | 201,049 | |
Wynn Macau Ltd. | | | | | | | | |
5.50%, 01/15/26 | | | 347 | | | | 360,880 | |
5.50%, 10/01/27 | | | 200 | | | | 207,750 | |
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(b) | | | | | | | | |
7.75%, 04/15/25 | | | 239 | | | | 259,096 | |
5.13%, 10/01/29(h) | | | 748 | | | | 765,578 | |
Yum! Brands, Inc. | | | | | | | | |
7.75%, 04/01/25(b)(h) | | | 395 | | | | 432,031 | |
4.75%, 01/15/30(b)(h) | | | 279 | | | | 294,987 | |
3.63%, 03/15/31 | | | 96 | | | | 92,280 | |
5.35%, 11/01/43 | | | 71 | | | | 74,905 | |
| | | | | | | | |
| | | | | | | 28,494,050 | |
| | |
SCHEDULE OF INVESTMENTS | | 9 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Household Durables — 0.6% | | | | | | |
Brookfield Residential Properties, Inc./Brookfield Residential U.S. Corp., 4.88%, 02/15/30(b) | | | USD 412 | | | $ | 412,256 | |
CD&R Smokey Buyer, Inc., 6.75%, 07/15/25(b) | | | 232 | | | | 248,820 | |
Controladora Mabe SA de CV, 5.60%, 10/23/28(b) | | | 200 | | | | 232,500 | |
K Hovnanian Enterprises, Inc., 7.75%, 02/15/26(b) | | | 307 | | | | 328,490 | |
Lennar Corp., 4.75%, 05/30/25 | | | 4 | | | | 4,455 | |
Mattamy Group Corp., 4.63%, 03/01/30(b) | | | 233 | | | | 231,434 | |
Meritage Homes Corp., 5.13%, 06/06/27 | | | 50 | | | | 54,875 | |
Modern Land China Co. Ltd., 9.80%, 04/11/23 | | | 231 | | | | 220,605 | |
NCR Corp.(b) | | | | | | | | |
5.75%, 09/01/27 | | | 220 | | | | 232,788 | |
5.00%, 10/01/28 | | | 110 | | | | 111,100 | |
5.13%, 04/15/29(c) | | | 185 | | | | 186,388 | |
6.13%, 09/01/29 | | | 92 | | | | 97,405 | |
5.25%, 10/01/30 | | | 111 | | | | 112,401 | |
Taylor Morrison Communities, Inc.(b) | | | | | | | | |
5.88%, 06/15/27 | | | 245 | | | | 270,725 | |
5.13%, 08/01/30 | | | 54 | | | | 57,375 | |
Tempur Sealy International, Inc. | | | | | | | | |
5.50%, 06/15/26 | | | 180 | | | | 186,525 | |
4.00%, 04/15/29(b) | | | 308 | | | | 306,460 | |
Toll Brothers Finance Corp., 4.35%, 02/15/28 | | | 12 | | | | 12,975 | |
TRI Pointe Group, Inc./TRI Pointe Homes, Inc., 5.88%, 06/15/24 | | | 11 | | | | 12,155 | |
Tri Pointe Homes, Inc., 5.25%, 06/01/27 | | | 15 | | | | 16,050 | |
| | | | | | | | |
| | | | | | | 3,335,782 | |
| | |
Household Products — 0.0% | | | | | | |
Berkline Benchcraft LLC, 4.50%, 06/01/21(a)(d)(f)(j) | | | 200 | | | | — | |
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc., 5.00%, 12/31/26(b) | | | 72 | | | | 72,000 | |
| | | | | | | | |
| | | | | | | 72,000 | |
|
Independent Power and Renewable Electricity Producers — 1.2% | |
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energy, 6.25%, 12/10/24 | | | 200 | | | | 220,187 | |
Azure Power Solar Energy Pvt Ltd., 5.65%, 12/24/24 | | | 200 | | | | 211,437 | |
Calpine Corp.(b) | | | | | | | | |
5.25%, 06/01/26(h) | | | 481 | | | | 494,588 | |
4.50%, 02/15/28(h) | | | 494 | | | | 498,150 | |
5.13%, 03/15/28(h) | | | 1,275 | | | | 1,280,929 | |
4.63%, 02/01/29(h) | | | 230 | | | | 224,087 | |
5.00%, 02/01/31 | | | 222 | | | | 216,672 | |
3.75%, 03/01/31 | | | 5 | | | | 4,766 | |
Clearway Energy Operating LLC, 4.75%, 03/15/28(b)(h) | | | 287 | | | | 298,592 | |
Continuum Energy Levanter Pte Ltd., 4.50%, 02/09/27(b) | | | 200 | | | | 203,000 | |
Greenko Dutch BV | | | | | | | | |
5.25%, 07/24/24 | | | 200 | | | | 207,375 | |
3.85%, 03/29/26 | | | 200 | | | | 200,688 | |
Greenko Mauritius Ltd., 6.25%, 02/21/23 | | | 200 | | | | 205,687 | |
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26 | | | 200 | | | | 213,375 | |
India Green Energy Holdings | | | | | | | | |
5.38%, 04/29/24(b) | | | 250 | | | | 259,687 | |
5.38%, 04/29/24 | | | 250 | | | | 259,687 | |
NRG Energy, Inc. | | | | | | | | |
6.63%, 01/15/27(h) | | | 745 | | | | 774,800 | |
5.75%, 01/15/28 | | | 63 | | | | 66,938 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Independent Power and Renewable Electricity Producers (continued) | |
NRG Energy, Inc. (continued) | | | | | | | | |
5.25%, 06/15/29(b)(h) | | | USD 253 | | | $ | 270,710 | |
3.63%, 02/15/31(b) | | | 299 | | | | 291,525 | |
ReNew Power Pvt Ltd., 5.88%, 03/05/27 | | | 200 | | | | 212,187 | |
ReNew Power Synthetic, 6.67%, 03/12/24 | | | 200 | | | | 210,125 | |
TerraForm Power Operating LLC(b) | | | | | | | | |
4.25%, 01/31/23 | | | 106 | | | | 109,445 | |
5.00%, 01/31/28 | | | 96 | | | | 103,589 | |
4.75%, 01/15/30 | | | 186 | | | | 193,126 | |
| | | | | | | | |
| | | | | | | 7,231,352 | |
| |
Insurance — 2.3% | | | | |
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer(b)(h) | | | | | | | | |
4.25%, 10/15/27 | | | 1,112 | | | | 1,113,390 | |
6.75%, 10/15/27 | | | 1,882 | | | | 2,003,144 | |
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25(h) | | | 360 | | | | 386,235 | |
AmWINS Group, Inc., 7.75%, 07/01/26(b) | | | 123 | | | | 131,610 | |
Aon PLC, 3.88%, 12/15/25(h) | | | 1,115 | | | | 1,232,083 | |
Asahi Mutual Life Insurance Co., (5 year USD Swap + 4.59%), 6.50%(a)(m) | | | 306 | | | | 328,030 | |
Assicurazioni Generali SpA, (3 mo. EURIBOR + 5.35%), 5.50%, 10/27/47(a) | | | EUR 100 | | | | 143,363 | |
AssuredPartners, Inc., 5.63%, 01/15/29(b) | | | USD 267 | | | | 272,073 | |
Global Atlantic Fin Co., 8.63%, 04/15/21(b)(h) | | | 750 | | | | 751,662 | |
GTCR AP Finance, Inc., 8.00%, 05/15/27(b) | | | 379 | | | | 406,951 | |
HUB International Ltd., 7.00%, 05/01/26(b)(h) | | | 1,226 | | | | 1,273,091 | |
Lincoln National Corp., 3.35%, 03/09/25(h) | | | 845 | | | | 914,414 | |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, (3 mo. EURIBOR + 3.50%), 6.00%, 05/26/41(a) | | | EUR 400 | | | | 472,844 | |
Nationwide Building Society, (5 year USD ICE Swap + 1.85%), 4.13%, 10/18/32(a)(b)(h) | | | USD 595 | | | | 641,847 | |
Unipol Gruppo SpA, 3.25%, 09/23/30 | | | EUR 100 | | | | 124,035 | |
Voya Financial, Inc., (3 mo. LIBOR US + 3.58%), 5.65%, 05/15/53(a)(h) | | | USD3,500 | | | | 3,743,679 | |
| | | | | | | | |
| | | | | | | 13,938,451 | |
| | |
Interactive Media & Services — 0.7% | | | | | | |
21Vianet Group, Inc., 7.88%, 10/15/21 | | | 200 | | | | 203,500 | |
Arches Buyer, Inc., 4.25%, 06/01/28(b) | | | 110 | | | | 109,802 | |
Cablevision Lightpath LLC(b) | | | | | | | | |
3.88%, 09/15/27 | | | 200 | | | | 198,000 | |
5.63%, 09/15/28 | | | 400 | | | | 405,880 | |
Netflix, Inc. | | | | | | | | |
3.63%, 06/15/25(b) | | | 96 | | | | 102,319 | |
4.88%, 04/15/28 | | | 109 | | | | 123,306 | |
5.88%, 11/15/28(h) | | | 730 | | | | 882,985 | |
6.38%, 05/15/29 | | | 34 | | | | 42,160 | |
5.38%, 11/15/29(b)(h) | | | 827 | | | | 977,969 | |
3.63%, 06/15/30 | | | EUR 100 | | | | 137,089 | |
4.88%, 06/15/30(b)(h) | | | USD 467 | | | | 537,769 | |
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc., 6.00%, 02/15/28(b) | | | 245 | | | | 244,387 | |
Twitter, Inc., 3.88%, 12/15/27(b) | | | 177 | | | | 185,583 | |
United Group BV, 4.00%, 11/15/27 | | | EUR 100 | | | | 115,818 | |
| | | | | | | | |
| | | | | | | 4,266,567 | |
| | |
Internet Software & Services(b) — 0.9% | | | | | | |
Booking Holdings, Inc., 0.75%, 05/01/25(k) | | | USD 480 | | | | 705,600 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Internet Software & Services (continued) | | | | | | |
Expedia Group, Inc. | | | | | | | | |
3.60%, 12/15/23 | | | USD 325 | | | $ | 345,915 | |
6.25%, 05/01/25 | | | 145 | | | | 167,723 | |
Go Daddy Operating Co. LLC/GD Finance Co., Inc. | | | | | | | | |
5.25%, 12/01/27 | | | 303 | | | | 320,423 | |
3.50%, 03/01/29 | | | 125 | | | | 122,813 | |
Match Group Holdings II LLC | | | | | | | | |
4.63%, 06/01/28 | | | 157 | | | | 160,416 | |
5.63%, 02/15/29 | | | 177 | | | | 189,833 | |
4.13%, 08/01/30 | | | 198 | | | | 198,556 | |
Uber Technologies, Inc. | | | | | | | | |
7.50%, 05/15/25(h) | | | 890 | | | | 960,461 | |
0.00%, 12/15/25(k)(l) | | | 683 | | | | 717,577 | |
8.00%, 11/01/26(h) | | | 311 | | | | 336,657 | |
7.50%, 09/15/27(h) | | | 567 | | | | 626,297 | |
6.25%, 01/15/28(h) | | | 318 | | | | 346,366 | |
| | | | | | | | |
| | | | | | | 5,198,637 | |
| | |
IT Services — 1.3% | | | | | | |
Austin BidCo, Inc., 7.13%, 12/15/28(b) | | | 72 | | | | 73,260 | |
Banff Merger Sub, Inc., 9.75%, 09/01/26(b)(h) | | | 1,533 | | | | 1,632,645 | |
Booz Allen Hamilton, Inc., 3.88%, 09/01/28(b)(h) | | | 363 | | | | 364,906 | |
Camelot Finance SA, 4.50%, 11/01/26(b)(h) | | | 564 | | | | 583,131 | |
Castle US Holding Corp., 9.50%, 02/15/28(b) | | | 534 | | | | 544,680 | |
Dun & Bradstreet Corp.(b)(h) | | | | | | | | |
6.88%, 08/15/26 | | | 597 | | | | 637,417 | |
10.25%, 02/15/27 | | | 297 | | | | 331,526 | |
Fair Isaac Corp., 4.00%, 06/15/28(b) | | | 169 | | | | 173,318 | |
Gartner, Inc.(b) | | | | | | | | |
4.50%, 07/01/28 | | | 296 | | | | 305,250 | |
3.75%, 10/01/30(h) | | | 416 | | | | 412,560 | |
Presidio Holdings, Inc., 4.88%, 02/01/27(b) | | | 293 | | | | 300,331 | |
Rackspace Technology Global, Inc., 5.38%, 12/01/28(b) | | | 426 | | | | 433,167 | |
Science Applications International Corp., 4.88%, 04/01/28(b)(h) | | | 254 | | | | 262,572 | |
Tempo Acquisition LLC/Tempo Acquisition Finance Corp.(b) | | | | | | | | |
5.75%, 06/01/25 | | | 243 | | | | 256,669 | |
6.75%, 06/01/25(h) | | | 934 | | | | 954,431 | |
Twilio, Inc., 3.88%, 03/15/31 | | | 127 | | | | 129,713 | |
ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/29(b) | | | 252 | | | | 247,144 | |
| | | | | | | | |
| | | | | | | 7,642,720 | |
| | |
Leisure Products — 0.2% | | | | | | |
Mattel, Inc. | | | | | | | | |
6.75%, 12/31/25(b)(h) | | | 295 | | | | 310,178 | |
5.88%, 12/15/27(b) | | | 293 | | | | 321,661 | |
3.75%, 04/01/29(b) | | | 103 | | | | 103,644 | |
6.20%, 10/01/40 | | | 67 | | | | 78,558 | |
5.45%, 11/01/41 | | | 91 | | | | 99,417 | |
| | | | | | | | |
| | | | | | | 913,458 | |
| | |
Machinery — 0.8% | | | | | | |
ATS Automation Tooling Systems, Inc., 4.13%, 12/15/28(b) | | | 108 | | | | 107,055 | |
Colfax Corp.(b) | | | | | | | | |
6.00%, 02/15/24(h) | | | 432 | | | | 445,392 | |
6.38%, 02/15/26(n) | | | 127 | | | | 135,096 | |
Husky III Holding Ltd., (13.00% Cash or 13.75% PIK), 13.00%, 02/15/25(b)(i) | | | 558 | | | | 606,825 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Machinery (continued) | | | | | | |
Mueller Water Products, Inc., 5.50%, 06/15/26(b) | | | USD 336 | | | $ | 347,239 | |
RBS Global, Inc./Rexnord LLC, 4.88%, 12/15/25(b) | | | 353 | | | | 360,166 | |
Stevens Holding Co., Inc., 6.13%, 10/01/26(b) | | | 167 | | | | 179,107 | |
Terex Corp.(b) | | | | | | | | |
5.63%, 02/01/25(h) | | | 324 | | | | 333,114 | |
5.00%, 05/15/29(c) | | | 298 | | | | 308,490 | |
Titan Acquisition Ltd./Titan Co-Borrower LLC, 7.75%, 04/15/26(b)(h) | | | 727 | | | | 755,135 | |
Vertical Holdco GmbH, 7.63%, 07/15/28(b) | | | 400 | | | | 430,100 | |
Vertical Midco GmbH, 4.38%, 07/15/27 | | | EUR 100 | | | | 123,157 | |
Vertical US Newco, Inc., 5.25%, 07/15/27(b)(h) | | | USD 394 | | | | 412,469 | |
| | | | | | | | |
| | | | | | | 4,543,345 | |
| | |
Media — 8.5% | | | | | | |
Altice Financing SA | | | | | | | | |
7.50%, 05/15/26(b)(h) | | | 1,143 | | | | 1,194,435 | |
3.00%, 01/15/28 | | | EUR 100 | | | | 112,132 | |
5.00%, 01/15/28(b)(h) | | | USD 378 | | | | 373,250 | |
Altice France Holding SA(b) | | | | | | | | |
10.50%, 05/15/27(h) | | | 1,673 | | | | 1,881,657 | |
6.00%, 02/15/28 | | | 382 | | | | 376,381 | |
AMC Networks, Inc. | | | | | | | | |
4.75%, 08/01/25 | | | 222 | | | | 227,733 | |
4.25%, 02/15/29 | | | 123 | | | | 119,618 | |
Block Communications, Inc., 4.88%, 03/01/28(b) | | | 128 | | | | 130,369 | |
Cable One, Inc.(b) | | | | | | | | |
1.13%, 03/15/28(k) | | | 624 | | | | 628,680 | |
4.00%, 11/15/30 | | | 178 | | | | 176,078 | |
CCO Holdings LLC/CCO Holdings Capital Corp.(b) | | | | | | | | |
5.13%, 05/01/27(h) | | | 680 | | | | 718,974 | |
5.88%, 05/01/27(h) | | | 349 | | | | 360,168 | |
5.00%, 02/01/28 | | | 34 | | | | 35,960 | |
5.38%, 06/01/29(h) | | | 1,202 | | | | 1,289,145 | |
4.75%, 03/01/30 | | | 132 | | | | 136,785 | |
4.50%, 08/15/30(h) | | | 1,300 | | | | 1,324,960 | |
4.25%, 02/01/31(h) | | | 678 | | | | 679,505 | |
4.50%, 05/01/32(h) | | | 734 | | | | 743,175 | |
Charter Communications Operating LLC/Charter Communications Operating Capital, 4.91%, 07/23/25(h) | | | 2,425 | | | | 2,749,093 | |
Clear Channel International BV, 6.63%, 08/01/25(b) | | | 384 | | | | 401,322 | |
Clear Channel Outdoor Holdings, Inc., 7.75%, 04/15/28(b) | | | 487 | | | | 481,643 | |
Clear Channel Worldwide Holdings, Inc.(h) | | | | | | | | |
9.25%, 02/15/24 | | | 811 | | | | 843,683 | |
5.13%, 08/15/27(b) | | | 1,880 | | | | 1,890,810 | |
Comcast Corp., 3.95%, 10/15/25(h) | | | 3,000 | | | | 3,351,421 | |
Connect Finco Sarl/Connect US Finco LLC, 6.75%, 10/01/26(b)(h) | | | 2,066 | | | | 2,199,753 | |
CSC Holdings LLC | | | | | | | | |
6.75%, 11/15/21 | | | 187 | | | | 191,909 | |
5.25%, 06/01/24 | | | 123 | | | | 132,686 | |
6.50%, 02/01/29(b)(h) | | | 865 | | | | 955,825 | |
5.75%, 01/15/30(b)(h) | | | 660 | | | | 695,142 | |
4.13%, 12/01/30(b)(h) | | | 397 | | | | 394,332 | |
4.63%, 12/01/30(b)(h) | | | 1,443 | | | | 1,419,356 | |
3.38%, 02/15/31(b)(h) | | | 257 | | | | 242,222 | |
Diamond Sports Group LLC/Diamond Sports Finance Co., 5.38%, 08/15/26(b)(h) | | | 590 | | | | 424,800 | |
Discovery Communications LLC(h) 3.25%, 04/01/23 | | | 1,490 | | | | 1,556,671 | |
| | |
SCHEDULE OF INVESTMENTS | | 11 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Media (continued) | | | | | | |
Discovery Communications LLC(h) (continued) | | | | | | | | |
3.45%, 03/15/25 | | | USD 170 | | | $ | 182,490 | |
DISH DBS Corp. | | | | | | | | |
6.75%, 06/01/21(h) | | | 627 | | | | 632,016 | |
5.88%, 07/15/22(h) | | | 1,396 | | | | 1,458,122 | |
5.00%, 03/15/23 | | | 358 | | | | 373,483 | |
7.75%, 07/01/26(h) | | | 853 | | | | 941,486 | |
DISH Network Corp.(k) | | | | | | | | |
2.38%, 03/15/24 | | | 312 | | | | 299,910 | |
3.38%, 08/15/26 | | | 385 | | | | 370,100 | |
Entercom Media Corp., 6.50%, 05/01/27(b) | | | 286 | | | | 295,652 | |
GCI LLC, 4.75%, 10/15/28(b) | | | 89 | | | | 91,114 | |
Hughes Satellite Systems Corp., 5.25%, 08/01/26 | | | 177 | | | | 194,787 | |
iHeartCommunications, Inc. | | | | | | | | |
6.38%, 05/01/26 | | | 264 | | | | 280,351 | |
5.25%, 08/15/27(b) | | | 122 | | | | 125,490 | |
4.75%, 01/15/28(b) | | | 78 | | | | 78,585 | |
Lamar Media Corp., 4.00%, 02/15/30 | | | 126 | | | | 125,650 | |
LCPR Senior Secured Financing DAC(b) | | | | | | | | |
6.75%, 10/15/27(h) | | | 400 | | | | 426,460 | |
5.13%, 07/15/29 | | | 568 | | | | 578,008 | |
Liberty Broadband Corp.(b)(k) | | | | | | | | |
1.25%, 09/30/50 | | | 502 | | | | 490,956 | |
2.75%, 09/30/50 | | | 825 | | | | 833,589 | |
Ligado Networks LLC, (15.50% PIK), 15.50%, 11/01/23(b)(i) | | | 435 | | | | 435,130 | |
Lions Gate Capital Holdings LLC(b) | | | | | | | | |
6.38%, 02/01/24 | | | 25 | | | | 25,797 | |
5.88%, 11/01/24 | | | 171 | | | | 176,024 | |
Liquid Telecommunications Financing PLC, 5.50%, 09/04/26(b) | | | 200 | | | | 210,500 | |
Live Nation Entertainment, Inc. | | | | | | | | |
2.50%, 03/15/23(k) | | | 473 | | | | 660,734 | |
4.88%, 11/01/24(b) | | | 31 | | | | 31,549 | |
2.00%, 02/15/25(k) | | | 150 | | | | 166,125 | |
6.50%, 05/15/27(b)(h) | | | 966 | | | | 1,072,260 | |
4.75%, 10/15/27(b) | | | 91 | | | | 91,683 | |
3.75%, 01/15/28(b) | | | 189 | | | | 186,401 | |
Lorca Telecom Bondco SA, 4.00%, 09/18/27 | | | EUR 100 | | | | 120,191 | |
Meredith Corp., 6.88%, 02/01/26 | | | USD 45 | | | | 46,279 | |
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27(b) | | | 177 | | | | 184,027 | |
Network i2i Ltd., (5 year CMT + 4.27%), 5.65%(a)(m) | | | 520 | | | | 549,087 | |
Outfront Media Capital LLC/Outfront Media Capital Corp.(b) | | | | | | | | |
5.00%, 08/15/27(h) | | | 383 | | | | 386,830 | |
4.25%, 01/15/29 | | | 121 | | | | 116,489 | |
Qualitytech LP/QTS Finance Corp., 3.88%, 10/01/28(b) | | | 228 | | | | 226,860 | |
Radiate Holdco LLC/Radiate Finance, Inc.(b)(h) | | | | | | | | |
4.50%, 09/15/26 | | | 886 | | | | 895,967 | |
6.50%, 09/15/28 | | | 2,011 | | | | 2,123,515 | |
Sable International Finance Ltd. | | | | | | | | |
5.75%, 09/07/27 | | | 270 | | | | 283,162 | |
5.75%, 09/07/27(b) | | | 200 | | | | 210,750 | |
Scripps Escrow II, Inc.(b) | | | | | | | | |
3.88%, 01/15/29 | | | 17 | | | | 16,703 | |
5.38%, 01/15/31 | | | 169 | | | | 167,733 | |
Sinclair Television Group, Inc., 4.13%, 12/01/30(b) | | | 273 | | | | 263,104 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Media (continued) | | | | | | |
Sirius XM Radio, Inc.(b) | | | | | | | | |
5.00%, 08/01/27 | | | USD 170 | | | $ | 178,339 | |
5.50%, 07/01/29(h) | | | 887 | | | | 959,069 | |
4.13%, 07/01/30(h) | | | 310 | | | | 310,356 | |
Summer BC Holdco B Sarl, 5.75%, 10/31/26 | | | EUR 100 | | | | 123,368 | |
TEGNA, Inc., 5.50%, 09/15/24(b) | | | USD 28 | | | | 28,455 | |
Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28(b) | | | 200 | | | | 210,000 | |
Telesat Canada/Telesat LLC, 4.88%, 06/01/27(b) | | | 332 | | | | 332,000 | |
Terrier Media Buyer, Inc., 8.88%, 12/15/27(b)(h) | | | 654 | | | | 703,737 | |
Univision Communications, Inc.(b) | | | | | | | | |
5.13%, 02/15/25 | | | 133 | | | | 134,663 | |
6.63%, 06/01/27 | | | 132 | | | | 140,966 | |
UPCB Finance VII Ltd., 3.63%, 06/15/29 | | | EUR 100 | | | | 118,443 | |
Videotron Ltd., 5.13%, 04/15/27(b) | | | USD 439 | | | | 463,968 | |
Virgin Media Secured Finance PLC(b) | | | | | | | | |
5.50%, 08/15/26 | | | 200 | | | | 207,521 | |
5.50%, 05/15/29(h) | | | 400 | | | | 424,500 | |
Virgin Media Vendor Financing Notes IV DAC, 5.00%, 07/15/28(b)(h) | | | 754 | | | | 767,195 | |
VTR Comunicaciones SpA, 4.38%, 04/15/29(b) | | | 200 | | | | 200,800 | |
WMG Acquisition Corp.(b) | | | | | | | | |
5.50%, 04/15/26 | | | 166 | | | | 170,665 | |
3.88%, 07/15/30 | | | 136 | | | | 137,312 | |
Ziggo Bond Co. BV(b) | | | | | | | | |
6.00%, 01/15/27 | | | 199 | | | | 207,458 | |
5.13%, 02/28/30 | | | 225 | | | | 230,063 | |
Ziggo BV | | | | | | | | |
4.25%, 01/15/27 | | | EUR 80 | | | | 97,560 | |
5.50%, 01/15/27(b)(h) | | | USD 534 | | | | 556,027 | |
4.88%, 01/15/30(b)(h) | | | 200 | | | | 204,427 | |
| | | | | | | | |
| | | | | | | 51,771,714 | |
| | |
Metals & Mining — 1.8% | | | | | | |
ABJA Investment Co. Pte Ltd., 5.95%, 07/31/24 | | | 250 | | | | 269,609 | |
Allegheny Technologies, Inc., 7.88%, 08/15/23 | | | 68 | | | | 73,760 | |
Arconic Corp.(b) | | | | | | | | |
6.00%, 05/15/25 | | | 332 | | | | 357,825 | |
6.13%, 02/15/28 | | | 343 | | | | 365,295 | |
Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/29(b)(h) | | | 1,049 | | | | 1,142,569 | |
Constellium SE(b) | | | | | | | | |
5.75%, 05/15/24(h) | | | 506 | | | | 512,325 | |
5.88%, 02/15/26(h) | | | 588 | | | | 605,934 | |
5.63%, 06/15/28 | | | 250 | | | | 263,812 | |
3.75%, 04/15/29 | | | 506 | | | | 483,776 | |
Freeport-McMoRan, Inc. | | | | | | | | |
4.38%, 08/01/28 | | | 433 | | | | 459,305 | |
5.45%, 03/15/43 | | | 929 | | | | 1,117,587 | |
Gold Fields Orogen Holdings BVI Ltd., 5.13%, 05/15/24(b) | | | 200 | | | | 216,813 | |
Grinding Media, Inc./Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23(b)(h) | | | 371 | | | | 379,143 | |
HTA Group Ltd., 7.00%, 12/18/25(b) | | | 200 | | | | 211,750 | |
JSW Steel Ltd., 5.95%, 04/18/24 | | | 200 | | | | 212,563 | |
Kaiser Aluminum Corp.(b) | | | | | | | | |
6.50%, 05/01/25 | | | 103 | | | | 109,149 | |
4.63%, 03/01/28 | | | 66 | | | | 67,554 | |
New Gold, Inc., 7.50%, 07/15/27(b)(h) | | | 545 | | | | 564,456 | |
Nexa Resources SA, 5.38%, 05/04/27(b) | | | 237 | | | | 257,204 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Metals & Mining (continued) | | | | | | |
Novelis Corp.(b)(h) | | | | | | | | |
5.88%, 09/30/26 | | USD | 502 | | | $ | 523,962 | |
4.75%, 01/30/30 | | | 881 | | | | 908,047 | |
Periama Holdings LLC, 5.95%, 04/19/26 | | | 200 | | | | 211,000 | |
thyssenkrupp AG | | | | | | | | |
1.88%, 03/06/23 | | EUR | 43 | | | | 50,446 | |
2.88%, 02/22/24 | | | 84 | | | | 100,308 | |
Usiminas International Sarl, 5.88%, 07/18/26(b) | | USD | 200 | | | | 210,688 | |
Vale Overseas Ltd. | | | | | | | | |
6.25%, 08/10/26 | | | 63 | | | | 74,702 | |
3.75%, 07/08/30 | | | 155 | | | | 161,185 | |
Vedanta Resources Finance II PLC | | | | | | | | |
8.00%, 04/23/23 | | | 313 | | | | 285,725 | |
13.88%, 01/21/24 | | | 200 | | | | 215,813 | |
8.95%, 03/11/25(b) | | | 300 | | | | 286,650 | |
8.95%, 03/11/25 | | | 293 | | | | 279,961 | |
| | | | | | | | |
| | | | | | | 10,978,916 | |
|
Multi-line Retail — 0.1% | |
Future Retail Ltd., 5.60%, 01/22/25 | | | 200 | | | | 164,250 | |
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.13%, 04/01/26(b) | | | 396 | | | | 403,920 | |
Nordstrom, Inc., 8.75%, 05/15/25(b) | | | 136 | | | | 153,920 | |
| | | | | | | | |
| | | | | | | 722,090 | |
|
Offshore Drilling & Other Services — 0.1% | |
Applied Materials, Inc., 3.90%, 10/01/25(h) | | | 285 | | | | 317,602 | |
Entegris, Inc.(b) | | | | | | | | |
4.63%, 02/10/26 | | | 190 | | | | 196,650 | |
4.38%, 04/15/28 | | | 231 | | | | 238,195 | |
| | | | | | | | |
| | | | | | | 752,447 | |
|
Oil, Gas & Consumable Fuels — 9.0% | |
Aethon United BR LP/Aethon United Finance Corp., 8.25%, 02/15/26(b) | | | 648 | | | | 670,680 | |
Antero Midstream Partners LP/Antero Midstream Finance Corp.(b) | | | | | | | | |
7.88%, 05/15/26 | | | 201 | | | | 216,180 | |
5.75%, 03/01/27 | | | 79 | | | | 79,017 | |
Antero Resources Corp., 8.38%, 07/15/26(b) | | | 308 | | | | 339,570 | |
Apache Corp. | | | | | | | | |
4.88%, 11/15/27 | | | 211 | | | | 216,275 | |
4.38%, 10/15/28 | | | 12 | | | | 11,964 | |
5.10%, 09/01/40 | | | 237 | | | | 231,667 | |
5.25%, 02/01/42 | | | 40 | | | | 39,400 | |
4.75%, 04/15/43 | | | 328 | | | | 304,220 | |
4.25%, 01/15/44 | | | 184 | | | | 165,598 | |
5.35%, 07/01/49 | | | 72 | | | | 68,760 | |
Ascent Resources Utica Holdings LLC/ARU Finance Corp.(b) | | | | | | | | |
9.00%, 11/01/27 | | | 225 | | | | 285,750 | |
8.25%, 12/31/28 | | | 115 | | | | 119,600 | |
Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34(l) | | | 148 | | | | 108,448 | |
Blue Racer Midstream LLC/Blue Racer Finance Corp., 7.63%, 12/15/25(b) | | | 168 | | | | 181,057 | |
Brand Industrial Services, Inc., 8.50%, 07/15/25(b)(h) | | | 498 | | | | 501,884 | |
Buckeye Partners LP | | | | | | | | |
4.13%, 03/01/25(b)(h) | | | 262 | | | | 267,316 | |
4.50%, 03/01/28(b)(h) | | | 306 | | | | 306,765 | |
5.85%, 11/15/43 | | | 145 | | | | 140,848 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Oil, Gas & Consumable Fuels (continued) | |
Buckeye Partners LP (continued) | | | | | | | | |
5.60%, 10/15/44 | | USD | 166 | | | $ | 160,107 | |
Callon Petroleum Co., 9.00%, 04/01/25(b) | | | 641 | | | | 650,218 | |
Cellnex Telecom SA, Series CLNX, 0.75%, 11/20/31 | | EUR | 100 | | | | 112,893 | |
Cenovus Energy, Inc., 5.40%, 06/15/47 | | USD | 113 | | | | 125,806 | |
Centennial Resource Production LLC | | | | | | | | |
6.88%, 04/01/27(b)(h) | | | 255 | | | | 226,950 | |
3.25%, 04/01/28(k) | | | 436 | | | | 416,947 | |
Cheniere Energy Partners LP | | | | | | | | |
5.63%, 10/01/26 | | | 173 | | | | 180,906 | |
4.50%, 10/01/29(h) | | | 529 | | | | 548,584 | |
4.00%, 03/01/31(b) | | | 617 | | | | 627,797 | |
Cheniere Energy, Inc., 4.63%, 10/15/28(b)(h) | | | 1,311 | | | | 1,361,526 | |
Chesapeake Energy Corp.(b) | | | | | | | | |
5.50%, 02/01/26 | | | 56 | | | | 58,290 | |
5.88%, 02/01/29 | | | 175 | | | | 185,500 | |
Citgo Holding, Inc., 9.25%, 08/01/24(b) | | | 228 | | | | 226,290 | |
CNX Resources Corp.(b) | | | | | | | | |
2.25%, 05/01/26(k) | | | 290 | | | | 391,877 | |
7.25%, 03/14/27 | | | 36 | | | | 38,668 | |
6.00%, 01/15/29 | | | 317 | | | | 329,420 | |
Colgate Energy Partners III LLC, 7.75%, 02/15/26(b) | | | 272 | | | | 266,617 | |
Comstock Resources, Inc. | | | | | | | | |
7.50%, 05/15/25(b)(h) | | | 160 | | | | 166,000 | |
9.75%, 08/15/26 | | | 103 | | | | 112,013 | |
6.75%, 03/01/29(b) | | | 642 | | | | 658,050 | |
Continental Resources, Inc. | | | | | | | | |
5.00%, 09/15/22 | | | 157 | | | | 157,126 | |
4.50%, 04/15/23 | | | 29 | | | | 30,035 | |
5.75%, 01/15/31(b) | | | 227 | | | | 256,478 | |
4.90%, 06/01/44 | | | 233 | | | | 233,005 | |
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp. | | | | | | | | |
6.25%, 04/01/23 | | | 21 | | | | 21,004 | |
5.63%, 05/01/27(b) | | | 249 | | | | 244,642 | |
6.00%, 02/01/29(b) | | | 208 | | | | 204,880 | |
CrownRock LP/CrownRock Finance, Inc., 5.63%, 10/15/25(b)(h) | | | 1,225 | | | | 1,249,769 | |
DCP Midstream Operating LP(b) | | | | | | | | |
6.45%, 11/03/36 | | | 226 | | | | 252,555 | |
6.75%, 09/15/37(h) | | | 392 | | | | 437,570 | |
Double Eagle III Midco 1 LLC/Double Eagle Finance Corp., 7.75%, 12/15/25(b) | | | 692 | | | | 738,862 | |
Dycom Industries, Inc., 4.50%, 04/15/29(b) | | | 102 | | | | 102,255 | |
eG Global Finance PLC | | | | | | | | |
6.75%, 02/07/25(b) | | | 596 | | | | 609,410 | |
6.25%, 10/30/25 | | EUR | 142 | | | | 169,504 | |
8.50%, 10/30/25(b) | | USD | 339 | | | | 361,119 | |
Enbridge, Inc., (3 mo. LIBOR US + 3.64%), 6.25%, 03/01/78(a)(h) | | | 1,565 | | | | 1,638,402 | |
Endeavor Energy Resources LP/EER Finance, Inc.(b) | | | | | | | | |
6.63%, 07/15/25 | | | 192 | | | | 205,198 | |
5.50%, 01/30/26(h) | | | 815 | | | | 845,807 | |
5.75%, 01/30/28 | | | 386 | | | | 407,740 | |
Energean Israel Finance Ltd., 4.88%, 03/30/26(b) | | | 130 | | | | 131,040 | |
Energy Transfer LP, 3.90%, 07/15/26(h) | | | 235 | | | | 252,979 | |
| | |
SCHEDULE OF INVESTMENTS | | 13 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Oil, Gas & Consumable Fuels (continued) | |
EnLink Midstream LLC | | | | | | | | |
5.63%, 01/15/28(b) | | USD | 174 | | | $ | 168,255 | |
5.38%, 06/01/29 | | | 82 | | | | 76,670 | |
EnLink Midstream Partners LP | | | | | | | | |
4.40%, 04/01/24 | | | 240 | | | | 241,920 | |
4.15%, 06/01/25 | | | 17 | | | | 16,621 | |
4.85%, 07/15/26 | | | 115 | | | | 111,093 | |
5.60%, 04/01/44 | | | 197 | | | | 163,510 | |
5.05%, 04/01/45 | | | 32 | | | | 24,753 | |
EQM Midstream Partners LP | | | | | | | | |
6.00%, 07/01/25(b)(h) | | | 255 | | | | 274,444 | |
4.13%, 12/01/26 | | | 100 | | | | 99,250 | |
6.50%, 07/01/27(b)(h) | | | 364 | | | | 395,759 | |
4.50%, 01/15/29(b) | | | 240 | | | | 233,870 | |
4.75%, 01/15/31(b)(h) | | | 791 | | | | 767,270 | |
EQT Corp. | | | | | | | | |
1.75%, 05/01/26(b)(k) | | | 426 | | | | 625,709 | |
3.90%, 10/01/27 | | | 271 | | | | 276,420 | |
8.50%, 02/01/30 | | | 170 | | | | 216,801 | |
Genesis Energy LP/Genesis Energy Finance Corp. | | | | | | | | |
5.63%, 06/15/24 | | | 169 | | | | 165,198 | |
6.50%, 10/01/25 | | | 46 | | | | 45,092 | |
7.75%, 02/01/28 | | | 118 | | | | 118,035 | |
Geopark Ltd., 6.50%, 09/21/24(b) | | | 200 | | | | 207,312 | |
GMR Hyderabad International Airport Ltd., 4.25%, 10/27/27 | | | 200 | | | | 190,687 | |
Great Western Petroleum LLC/Great Western Finance Corp., 12.00%, 09/01/25(b) | | | 151 | | | | 134,390 | |
Harvest Midstream I LP, 7.50%, 09/01/28(b) | | | 347 | | | | 372,921 | |
Hess Corp., 4.30%, 04/01/27 | | | 50 | | | | 54,492 | |
Hess Midstream Operations LP, 5.63%, 02/15/26(b) . | | | 210 | | | | 216,300 | |
Hilcorp Energy I LP/Hilcorp Finance Co.(b) | | | | | | | | |
5.75%, 02/01/29 | | | 293 | | | | 295,564 | |
6.00%, 02/01/31 | | | 147 | | | | 149,205 | |
Hilong Holding Ltd., 8.25%, 09/26/22(f)(j) | | | 200 | | | | 151,938 | |
HPCL-Mittal Energy Ltd., 5.45%, 10/22/26 | | | 200 | | | | 209,250 | |
Impulsora Pipeline LLC, 6.05%, 01/01/43(d) | | | 1,418 | | | | 1,369,280 | |
Indigo Natural Resources LLC, 5.38%, 02/01/29(b) | | | 512 | | | | 504,428 | |
Leviathan Bond Ltd., 5.75%, 06/30/23(b) | | | 227 | | | | 237,543 | |
Matador Resources Co., 5.88%, 09/15/26(h) | | | 996 | | | | 969,855 | |
Medco Bell Pte Ltd., 6.38%, 01/30/27 | | | 250 | | | | 252,031 | |
MEG Energy Corp.(b) | | | | | | | | |
6.50%, 01/15/25(h) | | | 635 | | | | 655,923 | |
7.13%, 02/01/27 | | | 6 | | | | 6,285 | |
5.88%, 02/01/29 | | | 134 | | | | 134,335 | |
MPLX LP, 4.25%, 12/01/27 | | | 185 | | | | 207,973 | |
Murphy Oil Corp. | | | | | | | | |
5.75%, 08/15/25 | | | 119 | | | | 118,976 | |
6.38%, 12/01/42 | | | 29 | | | | 26,390 | |
Murphy Oil USA, Inc., 4.75%, 09/15/29 | | | 146 | | | | 153,300 | |
Neptune Energy Bondco PLC, 6.63%, 05/15/25(b) | | | 200 | | | | 200,750 | |
New Enterprise Stone & Lime Co., Inc., 6.25%, 03/15/26(b) | | | 74 | | | | 75,850 | |
New Fortress Energy, Inc.(b) | | | | | | | | |
6.75%, 09/15/25(h) | | | 1,128 | | | | 1,158,907 | |
6.50%, 09/30/26(c) | | | 1,038 | | | | 1,045,785 | |
NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/26(b) | | | 362 | | | | 371,955 | |
NGPL PipeCo LLC, 7.77%, 12/15/37(b) | | | 227 | | | | 301,089 | |
Northern Oil and Gas, Inc., 8.13%, 03/01/28(b)(h) | | | 479 | | | | 476,246 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Oil, Gas & Consumable Fuels (continued) | |
NuStar Logistics LP | | | | | | | | |
6.00%, 06/01/26 | | USD | 163 | | | $ | 175,728 | |
6.38%, 10/01/30 | | | 25 | | | | 27,031 | |
Occidental Petroleum Corp. | | | | | | | | |
2.70%, 08/15/22(h) | | | 430 | | | | 430,161 | |
2.70%, 02/15/23 | | | 140 | | | | 139,681 | |
6.95%, 07/01/24 | | | 63 | | | | 69,129 | |
2.90%, 08/15/24(h) | | | 466 | | | | 460,893 | |
5.50%, 12/01/25 | | | 136 | | | | 143,820 | |
3.40%, 04/15/26 | | | 68 | | | | 66,028 | |
3.20%, 08/15/26 | | | 16 | | | | 15,352 | |
3.00%, 02/15/27 | | | 4 | | | | 3,764 | |
8.88%, 07/15/30 | | | 34 | | | | 42,874 | |
6.13%, 01/01/31(h) | | | 477 | | | | 526,703 | |
4.30%, 08/15/39(h) | | | 482 | | | | 408,741 | |
6.20%, 03/15/40(h) | | | 909 | | | | 933,997 | |
4.50%, 07/15/44 | | | 428 | | | | 364,819 | |
4.63%, 06/15/45(h) | | | 498 | | | | 435,800 | |
6.60%, 03/15/46 | | | 26 | | | | 27,693 | |
4.40%, 04/15/46(h) | | | 432 | | | | 369,982 | |
4.10%, 02/15/47 | | | 64 | | | | 51,281 | |
4.20%, 03/15/48(h) | | | 296 | | | | 240,530 | |
4.40%, 08/15/49 | | | 104 | | | | 86,972 | |
Odebrecht Offshore Drilling Finance Ltd., (7.72% PIK), 7.72%, 12/01/26(b)(i) | | | — | (o) | | | 29 | |
Oil and Gas Holding Co., 7.63%, 11/07/24 | | | 200 | | | | 222,562 | |
Ovintiv Exploration, Inc. | | | | | | | | |
5.75%, 01/30/22 | | | 89 | | | | 91,917 | |
5.38%, 01/01/26 | | | 33 | | | | 36,367 | |
Ovintiv, Inc. | | | | | | | | |
7.38%, 11/01/31 | | | 59 | | | | 75,048 | |
6.50%, 08/15/34 | | | 240 | | | | 290,560 | |
Parkland Corp., 4.50%, 10/01/29(b)(c) | | | 286 | | | | 286,357 | |
Parsley Energy LLC/Parsley Finance Corp.(b) | | | | | | | | |
5.63%, 10/15/27 | | | 271 | | | | 293,696 | |
4.13%, 02/15/28 | | | 281 | | | | 297,509 | |
PBF Holding Co. LLC/PBF Finance Corp., 9.25%, 05/15/25(b) | | | 611 | | | | 623,800 | |
PDC Energy, Inc. | | | | | | | | |
1.13%, 09/15/21(k) | | | 922 | | | | 913,932 | |
6.13%, 09/15/24 | | | 151 | | | | 154,945 | |
6.25%, 12/01/25 | | | 122 | | | | 122,610 | |
5.75%, 05/15/26 | | | 235 | | | | 243,754 | |
Pertamina Persero PT, 3.65%, 07/30/29 | | | 202 | | | | 211,342 | |
Petrobras Global Finance BV | | | | | | | | |
5.30%, 01/27/25(h) | | | 500 | | | | 548,750 | |
5.60%, 01/03/31 | | | 321 | | | | 338,334 | |
Petroleos Mexicanos | | | | | | | | |
6.35%, 02/12/48 | | | 41 | | | | 33,774 | |
6.95%, 01/28/60 | | | 125 | | | | 106,719 | |
Pioneer Natural Resources Co., 0.25%, 05/15/25(b)(k) | | | 571 | | | | 894,186 | |
Puma International Financing SA, 5.13%, 10/06/24(b) | | | 200 | | | | 199,937 | |
Range Resources Corp, 9.25%, 02/01/26 | | | 62 | | | | 67,364 | |
Range Resources Corp. | | | | | | | | |
5.88%, 07/01/22 | | | 44 | | | | 44,220 | |
5.00%, 08/15/22 | | | 252 | | | | 256,460 | |
5.00%, 03/15/23(h) | | | 189 | | | | 192,071 | |
4.88%, 05/15/25 | | | 14 | | | | 13,860 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Oil, Gas & Consumable Fuels (continued) | |
Range Resources Corp. (continued) | | | | | | | | |
8.25%, 01/15/29(b) | | USD | 148 | | | $ | 158,360 | |
Rattler Midstream LP, 5.63%, 07/15/25(b) | | | 239 | | | | 249,545 | |
Saudi Arabian Oil Co., 2.25%, 11/24/30(b) | | | 442 | | | | 424,121 | |
SM Energy Co. | | | | | | | | |
6.13%, 11/15/22 | | | 19 | | | | 18,734 | |
5.00%, 01/15/24 | | | 14 | | | | 13,167 | |
10.00%, 01/15/25(b)(h) | | | 914 | | | | 1,028,250 | |
Southwestern Energy Co. | | | | | | | | |
4.10%, 03/15/22 | | | 252 | | | | 252,000 | |
6.45%, 01/23/25 | | | 125 | | | | 134,178 | |
7.50%, 04/01/26 | | | 51 | | | | 53,959 | |
8.38%, 09/15/28 | | | 127 | | | | 139,383 | |
Sunoco Logistics Partners Operations LP | | | | | | | | |
5.30%, 04/01/44 | | | 315 | | | | 331,848 | |
5.40%, 10/01/47 | | | 136 | | | | 146,852 | |
Sunoco LP/Sunoco Finance Corp. | | | | | | | | |
5.50%, 02/15/26 | | | 33 | | | | 33,901 | |
6.00%, 04/15/27 | | | 63 | | | | 65,914 | |
5.88%, 03/15/28 | | | 124 | | | | 129,782 | |
4.50%, 05/15/29(b) | | | 118 | | | | 117,558 | |
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., 5.50%, 09/15/24(b)(h) | | | 462 | | | | 468,930 | |
Targa Resources Partners LP/Targa Resources Partners Finance Corp. | | | | | | | | |
5.88%, 04/15/26 | | | 304 | | | | 318,250 | |
5.38%, 02/01/27 | | | 2 | | | | 2,074 | |
6.50%, 07/15/27 | | | 195 | | | | 211,903 | |
5.00%, 01/15/28 | | | 359 | | | | 373,809 | |
6.88%, 01/15/29(h) | | | 521 | | | | 573,986 | |
5.50%, 03/01/30 | | | 364 | | | | 382,200 | |
4.88%, 02/01/31(b) | | | 93 | | | | 94,232 | |
Teine Energy Ltd., 6.88%, 04/15/29(b)(c) | | | 175 | | | | 177,118 | |
Transcontinental Gas Pipe Line Co. LLC, 4.00%, 03/15/28(h) | | | 280 | | | | 310,876 | |
Transocean, Inc., 11.50%, 01/30/27(b) | | | 171 | | | | 146,670 | |
Vine Energy Holdings LLC, 6.75%, 04/15/29 | | | 556 | | | | 556,000 | |
Vine Oil & Gas LP/Vine Oil & Gas Finance Corp., 8.75%, 04/15/23(b) | | | 58 | | | | 61,741 | |
Viper Energy Partners LP, 5.38%, 11/01/27(b) | | | 182 | | | | 189,280 | |
Western Midstream Operating LP | | | | | | | | |
3.95%, 06/01/25 | | | 181 | | | | 185,889 | |
4.75%, 08/15/28 | | | 37 | | | | 38,665 | |
5.45%, 04/01/44 | | | 339 | | | | 347,644 | |
5.30%, 03/01/48 | | | 346 | | | | 347,225 | |
5.50%, 08/15/48 | | | 83 | | | | 81,682 | |
6.50%, 02/01/50 | | | 779 | | | | 842,294 | |
| | | | | | | | |
| | | | | | | 54,507,570 | |
|
Personal Products — 0.0% | |
Coty, Inc., 4.00%, 04/15/23 | | | EUR100 | | | | 114,597 | |
Edgewell Personal Care Co., 5.50%, 06/01/28(b) | | | USD113 | | | | 119,328 | |
| | | | | | | | |
| | | | | | | 233,925 | |
|
Pharmaceuticals — 1.7% | |
Bausch Health Americas, Inc., 8.50%, 01/31/27(b)(h) | | | 973 | | | | 1,079,422 | |
Bausch Health Cos., Inc.(b) | | | | | | | | |
6.13%, 04/15/25(h) | | | 89 | | | | 91,243 | |
9.00%, 12/15/25(h) | | | 300 | | | | 325,941 | |
5.75%, 08/15/27 | | | 145 | | | | 156,056 | |
7.00%, 01/15/28 | | | 366 | | | | 397,311 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Pharmaceuticals (continued) | |
Bausch Health Cos., Inc.(b) (continued) | | | | | | | | |
5.00%, 01/30/28 | | USD | 214 | | | $ | 216,675 | |
5.00%, 02/15/29 | | | 523 | | | | 519,404 | |
6.25%, 02/15/29(h) | | | 529 | | | | 562,306 | |
7.25%, 05/30/29(h) | | | 498 | | | | 555,893 | |
5.25%, 01/30/30 | | | 828 | | | | 832,306 | |
5.25%, 02/15/31 | | | 292 | | | | 290,604 | |
Cheplapharm Arzneimittel GmbH, 4.38%, 01/15/28 | | | EUR100 | | | | 122,547 | |
CVS Health Corp., 4.75%, 12/01/22(h) | | | USD165 | | | | 174,604 | |
Elanco Animal Health, Inc., 5.90%, 08/28/28 | | | 156 | | | | 176,865 | |
Endo Dac/Endo Finance LLC/Endo Finco, Inc.(b) | | | | | |
9.50%, 07/31/27 | | | 793 | | | | 861,396 | |
6.00%, 06/30/28 | | | 323 | | | | 261,630 | |
Endo Luxembourg Finance Co. I Sarl/Endo US, Inc., 6.13%, 04/01/29(b) | | | 481 | | | | 485,209 | |
Jaguar Holding Co. II/PPD Development LP(b)(h) | | | | | |
4.63%, 06/15/25 | | | 425 | | | | 443,403 | |
5.00%, 06/15/28 | | | 589 | | | | 613,443 | |
Nidda BondCo GmbH, 7.25%, 09/30/25 | | | EUR100 | | | | 121,369 | |
Nidda Healthcare Holding GmbH, 3.50%, 09/30/24 | | | 100 | | | | 117,856 | |
P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25(b) | | | USD222 | | | | 237,540 | |
Par Pharmaceutical, Inc., 7.50%, 04/01/27(b)(h) | | | 1,297 | | | | 1,375,663 | |
Prestige Brands, Inc., 3.75%, 04/01/31(b) | | | 149 | | | | 142,109 | |
Teva Pharmaceutical Finance Netherlands II BV, 6.00%, 01/31/25 | | | EUR100 | | | | 129,107 | |
| | | | | | | | |
| | | | | | | 10,289,902 | |
|
Real Estate Management & Development — 4.3% | |
Adler Real Estate AG, 3.00%, 04/27/26 | | | 100 | | | | 122,530 | |
Agile Group Holdings Ltd. | | | | | | | | |
6.05%, 10/13/25 | | | USD200 | | | | 206,813 | |
(5 year CMT + 11.08%), 7.75%(a)(m) | | | 400 | | | | 410,000 | |
Arabian Centres Sukuk Ltd., 5.63%, 10/07/26 | | | 260 | | | | 260,000 | |
Central China Real Estate Ltd. | | | | | | | | |
6.88%, 08/08/22 | | | 200 | | | | 194,938 | |
7.25%, 04/24/23 | | | 200 | | | | 189,000 | |
CFLD Cayman Investment Ltd.(f)(j) | | | | | | | | |
8.63%, 02/28/21 | | | 200 | | | | 76,438 | |
8.75%, 09/28/22 | | | 200 | | | | 73,563 | |
6.90%, 01/13/23 | | | 200 | | | | 73,938 | |
8.60%, 04/08/24 | | | 200 | | | | 73,938 | |
China Aoyuan Group Ltd. | | | | | | | | |
7.50%, 05/10/21 | | | 200 | | | | 199,994 | |
7.95%, 02/19/23 | | | 450 | | | | 464,625 | |
6.35%, 02/08/24 | | | 400 | | | | 400,875 | |
6.20%, 03/24/26 | | | 200 | | | | 191,563 | |
China Evergrande Group | | | | | | | | |
8.25%, 03/23/22 | | | 200 | | | | 190,626 | |
9.50%, 04/11/22 | | | 200 | | | | 192,125 | |
11.50%, 01/22/23 | | | 450 | | | | 423,281 | |
12.00%, 01/22/24 | | | 250 | | | | 231,641 | |
China SCE Group Holdings Ltd. | | | | | | | | |
7.25%, 04/19/23 | | | 200 | | | | 205,813 | |
7.38%, 04/09/24 | | | 400 | | | | 411,375 | |
7.00%, 05/02/25 | | | 255 | | | | 258,187 | |
CIFI Holdings Group Co. Ltd. | | | | | | | | |
6.55%, 03/28/24 | | | 200 | | | | 212,250 | |
6.45%, 11/07/24 | | | 200 | | | | 212,562 | |
6.00%, 07/16/25 | | | 200 | | | | 212,250 | |
5.25%, 05/13/26 | | | 335 | | | | 343,789 | |
| | |
SCHEDULE OF INVESTMENTS | | 15 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Real Estate Management & Development (continued) | |
Consus Real Estate AG, 9.63%, 05/15/24 | | EUR | 100 | | | $ | 123,620 | |
Country Garden Holdings Co. Ltd. | | | | | | | | |
6.50%, 04/08/24 | | | USD200 | | | | 213,875 | |
6.15%, 09/17/25 | | | 200 | | | | 221,687 | |
5.13%, 01/14/27 | | | 200 | | | | 212,187 | |
Cushman & Wakefield U.S. Borrower LLC, 6.75%, 05/15/28(b) | | | 322 | | | | 348,162 | |
Easy Tactic Ltd. | | | | | | | | |
9.13%, 07/28/22 | | | 400 | | | | 398,625 | |
8.13%, 02/27/23 | | | 200 | | | | 191,000 | |
8.63%, 02/27/24 | | | 200 | | | | 185,500 | |
Fantasia Holdings Group Co. Ltd. | | | | | | | | |
11.75%, 04/17/22 | | | 200 | | | | 203,840 | |
11.88%, 06/01/23 | | | 200 | | | | 197,375 | |
9.25%, 07/28/23 | | | 200 | | | | 184,375 | |
9.88%, 10/19/23 | | | 200 | | | | 184,750 | |
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25(b)(h) | | | 389 | | | | 406,554 | |
Global Prime Capital Pte Ltd., 5.50%, 10/18/23 | | | 200 | | | | 203,188 | |
Greenland Global Investment Ltd. | | | | | | | | |
5.60%, 11/13/22 | | | 200 | | | | 177,625 | |
6.25%, 12/16/22 | | | 200 | | | | 191,438 | |
Greystar Real Estate Partners LLC, 5.75%, 12/01/25(b) | | | 100 | | | | 102,750 | |
Heimstaden Bostad AB, (5 year EUR Swap + 3.67%), 3.25%(a)(m) | | | EUR100 | | | | 120,788 | |
Hopson Development Holdings Ltd., 7.50%, 06/27/22 | | | USD200 | | | | 204,188 | |
Howard Hughes Corp.(b) | | | | | | | | |
5.38%, 08/01/28 | | | 342 | | | | 359,527 | |
4.13%, 02/01/29 | | | 184 | | | | 179,900 | |
4.38%, 02/01/31 | | | 214 | | | | 209,586 | |
Kaisa Group Holdings Ltd. | | | | | | | | |
11.95%, 10/22/22 | | | 200 | | | | 209,812 | |
11.50%, 01/30/23 | | | 200 | | | | 206,688 | |
10.88%, 07/23/23 | | | 600 | | | | 622,875 | |
9.38%, 06/30/24 | | | 400 | | | | 384,500 | |
KWG Group Holdings Ltd. | | | | | | | | |
7.88%, 08/09/21 | | | 200 | | | | 202,938 | |
7.88%, 09/01/23 | | | 200 | | | | 206,250 | |
7.40%, 03/05/24 | | | 200 | | | | 209,687 | |
5.88%, 11/10/24 | | | 231 | | | | 233,815 | |
Logan Group Co. Ltd. | | | | | | | | |
6.50%, 07/16/23 | | | 200 | | | | 205,000 | |
6.90%, 06/09/24 | | | 200 | | | | 211,812 | |
5.75%, 01/14/25 | | | 200 | | | | 209,937 | |
4.50%, 01/13/28 | | | 200 | | | | 194,000 | |
MAF Sukuk Ltd., 4.64%, 05/14/29 | | | 275 | | | | 304,648 | |
New Metro Global Ltd. | | | | | | | | |
6.80%, 08/05/23 | | | 200 | | | | 209,875 | |
4.80%, 12/15/24 | | | 280 | | | | 282,100 | |
Powerlong Real Estate Holdings Ltd., 7.13%, 11/08/22 | | | 200 | | | | 208,437 | |
Realogy Group LLC/Realogy Co-Issuer Corp., 5.75%, 01/15/29(b) | | | 257 | | | | 253,466 | |
Redsun Properties Group Ltd. | | | | | | | | |
9.95%, 04/11/22 | | | 200 | | | | 206,812 | |
7.30%, 01/13/25 | | | 400 | | | | 385,875 | |
RKPF Overseas Ltd. | | | | | | | | |
Series 2019-A, 6.70%, 09/30/24 | | | 513 | | | | 545,383 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Real Estate Management & Development (continued) | |
RKPF Overseas Ltd. (continued) | | | | | | | | |
Series 2019-A, 6.00%, 09/04/25 | | USD | 200 | | | $ | 207,437 | |
Series 2020-A, 5.20%, 01/12/26 | | | 232 | | | | 234,537 | |
Ronshine China Holdings Ltd. | | | | | | | | |
11.25%, 08/22/21 | | | 200 | | | | 202,500 | |
10.50%, 03/01/22 | | | 200 | | | | 204,375 | |
8.95%, 01/22/23 | | | 200 | | | | 200,563 | |
7.35%, 12/15/23 | | | 200 | | | | 189,125 | |
Scenery Journey Ltd. | | | | | | | | |
11.50%, 10/24/22 | | | 219 | | | | 200,248 | |
13.00%, 11/06/22 | | | 200 | | | | 186,375 | |
12.00%, 10/24/23 | | | 200 | | | | 176,250 | |
Seazen Group Ltd. | | | | | | | | |
6.45%, 06/11/22 | | | 200 | | | | 205,438 | |
6.00%, 08/12/24 | | | 202 | | | | 213,110 | |
Shimao Group Holdings Ltd. | | | | | | | | |
5.60%, 07/15/26 | | | 200 | | | | 216,125 | |
3.45%, 01/11/31 | | | 200 | | | | 190,188 | |
Shui On Development Holding Ltd. | | | | | | | | |
5.75%, 11/12/23 | | | 200 | | | | 205,438 | |
6.15%, 08/24/24 | | | 200 | | | | 208,187 | |
5.50%, 03/03/25 | | | 209 | | | | 210,763 | |
Sino-Ocean Land Treasure III Ltd., (5 year CMT + 3.26%), 4.90%(a)(m) | | | 200 | | | | 173,750 | |
Sunac China Holdings Ltd. | | | | | | | | |
7.25%, 06/14/22 | | | 200 | | | | 206,063 | |
7.95%, 10/11/23 | | | 200 | | | | 211,250 | |
7.50%, 02/01/24 | | | 400 | | | | 420,875 | |
6.50%, 01/10/25 | | | 200 | | | | 202,688 | |
7.00%, 07/09/25 | | | 400 | | | | 409,875 | |
Theta Capital Pte Ltd., 8.13%, 01/22/25 | | | 200 | | | | 204,313 | |
Times China Holdings Ltd. | | | | | | | | |
6.75%, 07/16/23 | | | 313 | | | | 325,129 | |
6.75%, 07/08/25 | | | 390 | | | | 409,256 | |
6.20%, 03/22/26 | | | 277 | | | | 280,722 | |
Unique Pub Finance Co. PLC, Series A4, 5.66%, 06/30/27 | | | GBP45 | | | | 65,777 | |
Wanda Group Overseas Ltd., 7.50%, 07/24/22 | | | USD400 | | | | 357,375 | |
Yango Justice International Ltd. | | | | | | | | |
10.00%, 02/12/23 | | | 400 | | | | 410,625 | |
7.50%, 02/17/25 | | | 200 | | | | 187,500 | |
Yanlord Land HK Co. Ltd. | | | | | | | | |
6.75%, 04/23/23 | | | 200 | | | | 207,625 | |
6.80%, 02/27/24 | | | 200 | | | | 209,937 | |
Yuzhou Group Holdings Co. Ltd. | | | | | | | | |
8.63%, 01/23/22 | | | 200 | | | | 196,500 | |
8.50%, 02/04/23 | | | 200 | | | | 189,100 | |
8.50%, 02/26/24 | | | 400 | | | | 361,000 | |
8.38%, 10/30/24 | | | 200 | | | | 179,500 | |
7.70%, 02/20/25 | | | 200 | | | | 172,700 | |
8.30%, 05/27/25 | | | 200 | | | | 173,500 | |
Zhenro Properties Group Ltd. | | | | | | | | |
8.70%, 08/03/22 | | | 200 | | | | 206,250 | |
8.65%, 01/21/23 | | | 200 | | | | 205,813 | |
7.88%, 04/14/24 | | | 300 | | | | 302,250 | |
6.63%, 01/07/26 | | | 200 | | | | 185,500 | |
| | | | | | | | |
| | | | | | | 25,852,096 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Road & Rail(b) — 0.3% | |
Danaos Corp., 8.50%, 03/01/28 | | USD | 100 | | | $ | 106,875 | |
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34(h) . | | | 1,559 | | | | 1,818,438 | |
| | | | | | | | |
| | | | | | | 1,925,313 | |
|
Semiconductors & Semiconductor Equipment — 1.6% | |
Analog Devices, Inc., 3.90%, 12/15/25(h) | | | 375 | | | | 415,428 | |
Broadcom, Inc. | | | | | | | | |
4.70%, 04/15/25 | | | 941 | | | | 1,060,629 | |
3.15%, 11/15/25 | | | 271 | | | | 288,841 | |
3.46%, 09/15/26(h) | | | 578 | | | | 619,881 | |
4.11%, 09/15/28(h) | | | 1,594 | | | | 1,742,641 | |
Microchip Technology, Inc. | | | | | | | | |
0.13%, 11/15/24(k) | | | 250 | | | | 294,219 | |
1.63%, 02/15/25(k) | | | 86 | | | | 297,291 | |
4.25%, 09/01/25(b)(h) | | | 941 | | | | 983,107 | |
1.63%, 02/15/27(k) | | | 61 | | | | 138,775 | |
NXP BV/NXP Funding LLC/NXP USA, Inc., 2.70%, 05/01/25(b) | | | 33 | | | | 34,609 | |
ON Semiconductor Corp. | | | | | | | | |
1.63%, 10/15/23(k) | | | 291 | | | | 603,279 | |
3.88%, 09/01/28(b) | | | 330 | | | | 339,455 | |
QUALCOMM, Inc., 1.65%, 05/20/32(h) | | | 1,779 | | | | 1,641,372 | |
Sensata Technologies BV(b) | | | | | | | | |
5.63%, 11/01/24(h) | | | 229 | | | | 254,190 | |
5.00%, 10/01/25(h) | | | 324 | | | | 358,020 | |
4.00%, 04/15/29 | | | 210 | | | | 213,786 | |
Sensata Technologies, Inc., 4.38%, 02/15/30(b) | | | 311 | | | | 325,773 | |
Synaptics, Inc., 4.00%, 06/15/29(b) | | | 192 | | | | 190,522 | |
| | | | | | | | |
| | | | | | | 9,801,818 | |
|
Software — 2.1% | |
ACI Worldwide, Inc., 5.75%, 08/15/26(b)(h) | | | 696 | | | | 734,280 | |
ANGI Group LLC, 3.88%, 08/15/28(b) | | | 262 | | | | 262,000 | |
Black Knight InfoServ LLC, 3.63%, 09/01/28(b) | | | 386 | | | | 379,287 | |
Boxer Parent Co., Inc. | | | | | | | | |
6.50%, 10/02/25 | | EUR | 100 | | | | 124,799 | |
7.13%, 10/02/25(b)(h) | | USD | 388 | | | | 416,130 | |
9.13%, 03/01/26(b)(h) | | | 678 | | | | 721,717 | |
BY Crown Parent LLC, 7.38%, 10/15/24(b)(h) | | | 758 | | | | 770,318 | |
BY Crown Parent LLC/BY Bond Finance, Inc., 4.25%, 01/31/26(b)(h) | | | 731 | | | | 759,092 | |
CDK Global, Inc., 4.88%, 06/01/27(h) | | | 388 | | | | 405,363 | |
Crowdstrike Holdings, Inc., 3.00%, 02/15/29 | | | 157 | | | | 153,499 | |
MSCI, Inc.(b) | | | | | | | | |
4.00%, 11/15/29 | | | 83 | | | | 85,362 | |
3.63%, 09/01/30 | | | 147 | | | | 149,477 | |
3.88%, 02/15/31(h) | | | 435 | | | | 444,244 | |
Nuance Communications, Inc., 5.63%, 12/15/26(h) | | | 237 | | | | 248,554 | |
Open Text Corp., 3.88%, 02/15/28(b)(h) | | | 268 | | | | 269,790 | |
Open Text Holdings, Inc., 4.13%, 02/15/30(b)(h) | | | 256 | | | | 259,505 | |
Playtika Holding Corp., 4.25%, 03/15/29(b) | | | 296 | | | | 291,619 | |
PTC, Inc.(b) | | | | | | | | |
3.63%, 02/15/25 | | | 76 | | | | 77,995 | |
4.00%, 02/15/28 | | | 187 | | | | 189,805 | |
Rocket Software, Inc., 6.50%, 02/15/29(b) | | | 412 | | | | 415,708 | |
Solera LLC/Solera Finance, Inc., 10.50%, 03/01/24(b)(h) | | | 2,213 | | | | 2,286,250 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Software (continued) | |
SS&C Technologies, Inc., 5.50%, 09/30/27(b)(h) | | USD | 1,679 | | | $ | 1,788,219 | |
Veritas US, Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25(b)(h) | | | 1,440 | | | | 1,495,656 | |
| | | | | | | | |
| | | | | | | 12,728,669 | |
|
Specialty Retail — 0.6% | |
Gap, Inc., 8.88%, 05/15/27(b) | | | 160 | | | | 186,800 | |
L Brands, Inc. | | | | | | | | |
6.88%, 07/01/25(b) | | | 277 | | | | 307,802 | |
6.88%, 11/01/35(h) | | | 401 | | | | 477,908 | |
6.75%, 07/01/36 | | | 71 | | | | 83,780 | |
PetSmart, Inc./PetSmart Finance Corp.(b) | | | | | | | | |
4.75%, 02/15/28 | | | 343 | | | | 350,790 | |
7.75%, 02/15/29(h) | | | 1,505 | | | | 1,629,087 | |
Staples, Inc., 7.50%, 04/15/26(b)(h) | | | 708 | | | | 746,763 | |
Tendam Brands SAU, (3 mo. EURIBOR + 5.25%), 5.25%, 09/15/24(a) | | EUR | 100 | | | | 110,380 | |
| | | | | | | | |
| | | | | | | 3,893,310 | |
|
Technology Hardware, Storage & Peripherals(h) — 0.2% | |
Dell International LLC/EMC Corp., 7.13%, 06/15/24(b) | | USD | 638 | | | | 656,741 | |
Hewlett Packard Enterprise Co., 4.90%, 10/15/25 | | | 375 | | | | 427,647 | |
| | | | | | | | |
| | | | | | | 1,084,388 | |
|
Textiles, Apparel & Luxury Goods — 0.1% | |
Crocs, Inc., 4.25%, 03/15/29(b) | | | 156 | | | | 152,103 | |
Hanesbrands, Inc., 5.38%, 05/15/25(b) | | | 64 | | | | 67,720 | |
Levi Strauss & Co. | | | | | | | | |
5.00%, 05/01/25(h) | | | 233 | | | | 237,539 | |
3.50%, 03/01/31(b) | | | 111 | | | | 107,115 | |
William Carter Co., 5.63%, 03/15/27(b) | | | 160 | | | | 169,000 | |
| | | | | | | | |
| | | | | | | 733,477 | |
|
Thrifts & Mortgage Finance — 0.2% | |
Home Point Capital, Inc., 5.00%, 02/01/26(b) | | | 289 | | | | 286,110 | |
Jerrold Finco PLC, 5.25%, 01/15/27 | | GBP | 100 | | | | 139,583 | |
MGIC Investment Corp., 5.25%, 08/15/28 | | USD | 167 | | | | 173,471 | |
Nationstar Mortgage Holdings, Inc.(b) | | | | | | | | |
6.00%, 01/15/27 | | | 214 | | | | 222,025 | |
5.50%, 08/15/28(h) | | | 254 | | | | 255,029 | |
5.13%, 12/15/30 | | | 139 | | | | 137,089 | |
PennyMac Financial Services, Inc., 4.25%, 02/15/29(b) | | | 51 | | | | 48,769 | |
| | | | | | | | |
| | | | | | | 1,262,076 | |
|
Transportation — 0.0% | |
Autostrade per l’Italia SpA, 2.00%, 12/04/28 | | EUR | 100 | | | | 119,987 | |
| | | | | | | | |
|
Transportation Infrastructure — 0.3% | |
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29(b) | | USD | 200 | | | | 207,312 | |
Atlantia SpA, 1.88%, 02/12/28 | | EUR | 100 | | | | 118,467 | |
Fraport AG Frankfurt Airport Services Worldwide, 1.88%, 03/31/28 | | | 100 | | | | 119,135 | |
Heathrow Finance PLC, 4.63%, 09/01/29 | | GBP | 100 | | | | 139,459 | |
Rumo Luxembourg Sarl, 5.88%, 01/18/25(b) | | USD | 241 | | | | 253,050 | |
Simpar Europe SA, 5.20%, 01/26/31(b) | | | 200 | | | | 195,875 | |
Transurban Finance Co. Pty Ltd., 4.13%, 02/02/26(b)(h) | | | 435 | | | | 484,555 | |
| | | | | | | | |
| | | | | | | 1,517,853 | |
| | |
SCHEDULE OF INVESTMENTS | | 17 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Utilities — 0.5% | |
AES Panama Generation Holdings SRL, 4.38%, 05/31/30(b) | | USD | 200 | | | $ | 206,930 | |
Centrais Eletricas Brasileiras SA, 4.63%, 02/04/30(b) | | | 240 | | | | 239,484 | |
Genneia SA, 8.75%, 01/20/22(b) | | | 200 | | | | 177,875 | |
Inkia Energy Ltd., 5.88%, 11/09/27(b)(h) | | | 377 | | | | 395,850 | |
Mong Doung Finacial Holdings BV, 5.13%, 05/07/29 | | | 250 | | | | 250,547 | |
Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 08/15/28(b)(h) | | | 519 | | | | 527,434 | |
Solaris Midstream Holdings LLC, 7.63%, 04/01/26(b) | | | 107 | | | | 109,408 | |
Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38(b) | | | 280 | | | | 304,850 | |
Star Energy Geothermal Wayang Windu Ltd., 6.75%, 04/24/33 | | | 181 | | | | 202,544 | |
Thames Water Kemble Finance PLC, 4.63%, 05/19/26 | | GBP | 168 | | | | 234,374 | |
Vistra Operations Co. LLC(b) | | | | | | | | |
5.50%, 09/01/26 | | USD | 8 | | | | 8,290 | |
5.63%, 02/15/27(h) | | | 422 | | | | 438,618 | |
| | | | | | | | |
| | | | | | | 3,096,204 | |
|
Wireless Telecommunication Services — 2.5% | |
Altice France SA | | | | | | | | |
7.38%, 05/01/26(b)(h) | | | 2,104 | | | | 2,188,370 | |
5.88%, 02/01/27 | | EUR | 100 | | | | 124,893 | |
8.13%, 02/01/27(b)(h) | | USD | 707 | | | | 774,943 | |
5.50%, 01/15/28(b)(h) | | | 581 | | | | 595,374 | |
4.13%, 01/15/29 | | EUR | 100 | | | | 117,289 | |
5.13%, 01/15/29(b) | | USD | 200 | | | | 202,500 | |
GLP Capital LP/GLP Financing II, Inc., 4.00%, 01/15/31 | | | 155 | | | | 160,189 | |
Gogo Intermediate Holdings LLC/Gogo Finance Co., Inc., 9.88%, 05/01/24(b) | | | 187 | | | | 196,818 | |
Kenbourne Invest SA, 6.88%, 11/26/24(b) | | | 275 | | | | 292,531 | |
Matterhorn Telecom SA, 4.00%, 11/15/27 | | EUR | 100 | | | | 119,135 | |
Millicom International Cellular SA | | | | | | | | |
5.13%, 01/15/28 | | USD | 248 | | | | 259,952 | |
4.50%, 04/27/31(b) | | | 205 | | | | 213,200 | |
Rogers Communications, Inc., 5.00%, 03/15/44(h) | | | 545 | | | | 649,538 | |
SBA Communications Corp.(h) | | | | | | | | |
4.88%, 09/01/24 | | | 806 | | | | 827,657 | |
3.88%, 02/15/27 | | | 1,248 | | | | 1,275,706 | |
Sprint Corp.(h) | | | | | | | | |
7.88%, 09/15/23 | | | 177 | | | | 202,311 | |
7.13%, 06/15/24 | | | 374 | | | | 430,567 | |
7.63%, 03/01/26 | | | 552 | | | | 676,034 | |
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC, 3.36%, 09/20/21(b)(h) | | | 65 | | | | 65,488 | |
T-Mobile USA, Inc. | | | | | | | | |
4.50%, 02/01/26(h) | | | 498 | | | | 509,516 | |
4.75%, 02/01/28(h) | | | 479 | | | | 509,305 | |
2.88%, 02/15/31(h) | | | 374 | | | | 361,471 | |
3.50%, 04/15/31 | | | 337 | | | | 339,528 | |
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 6.50%, 02/15/29(b) | | | 597 | | | | 589,537 | |
VICI Properties LP/VICI Note Co., Inc.(b) | | | | | | | | |
3.50%, 02/15/25 | | | 387 | | | | 394,014 | |
4.25%, 12/01/26(h) | | | 1,188 | | | | 1,215,425 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Wireless Telecommunication Services (continued) | |
VICI Properties LP/VICI Note Co., Inc.(b) (continued) | |
3.75%, 02/15/27 | | USD | 411 | | | $ | 411,000 | |
4.63%, 12/01/29(h) | | | 498 | | | | 516,605 | |
4.13%, 08/15/30(h) | | | 894 | | | | 901,778 | |
Vmed O2 UK Financing I PLC, 3.25%, 01/31/31 | | EUR | 100 | | | | 117,873 | |
VTR Comunicaciones SpA, 5.13%, 01/15/28(b) | | USD | 200 | | | | 208,725 | |
| | | | | | | | |
| | | | | | | 15,447,272 | |
| | | | | | | | |
| |
Total Corporate Bonds — 81.6% (Cost: $476,037,470) | | | | 496,019,879 | |
| | | | | | | | |
|
Floating Rate Loan Interests(a) | |
|
Aerospace & Defense — 1.3% | |
Bleriot US Bidco, Inc., 2021 Term Loan B, (3 mo. LIBOR + 4.00%), 4.20%, 10/30/26 | | | 289 | | | | 287,516 | |
Dynasty Acquisition Co., Inc. | | | | | | | | |
2020 CAD Term Loan B2, (3 mo. LIBOR + 3.50%), 3.70%, 04/06/26 | | | 794 | | | | 768,471 | |
2020 Term Loan B1, (3 mo. LIBOR + 3.50%), 3.70%, 04/06/26 | | | 1,477 | | | | 1,429,359 | |
Peraton Holding Corp.(p) | | | | | | | | |
2nd Lien Term Loan B1, 02/23/29(d) | | | 884 | | | | 897,260 | |
Delayed Draw Term Loan B, 02/01/28 | | | 1,778 | | | | 1,776,669 | |
Term Loan B, 02/01/28 | | | 1,011 | | | | 1,009,524 | |
TransDigm, Inc., 2020 Term Loan F, (1 mo. LIBOR + 2.25%), 2.36%, 12/09/25 | | | 1,463 | | | | 1,431,598 | |
| | | | | | | | |
| | | | | | | 7,600,397 | |
| | |
Air Freight & Logistics — 0.2% | | | | | | |
Kestrel Bidco, Inc., Term Loan B, (6 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 12/11/26 | | | 1,384 | | | | 1,340,698 | |
| | | | | | | | |
| | |
Airlines — 0.5% | | | | | | |
AAdvantage Loyalty IP Ltd., 2021 Term Loan, 04/20/28(p) | | | 542 | | | | 554,705 | |
American Airlines, Inc. | | | | | | | | |
2017 1st Lien Term Loan, (1 mo. LIBOR + 1.75%), 1.86%, 01/29/27 | | | 64 | | | | 58,422 | |
2017 Incremental Term Loan, (1 mo. LIBOR + 2.00%), 2.11%, 12/14/23 | | | 963 | | | | 919,170 | |
Repriced TL B due 2023, (1 mo. LIBOR + 2.00%), 2.11%, 04/28/23 | | | 375 | | | | 356,782 | |
JetBlue Airways Corp., Term Loan, (3 mo. LIBOR + 5.25%, 1.00% Floor), 6.25%, 06/17/24 | | | 283 | | | | 289,342 | |
Mileage Plus Holdings LLC, 2020 Term Loan B, (3 mo. LIBOR + 5.25%, 1.00% Floor), 6.25%, 06/20/27 | | | 1,003 | | | | 1,064,594 | |
| | | | | | | | |
| | | | | | | 3,243,015 | |
|
Auto Components — 0.9% | |
Clarios Global LP, 2021 USD Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 04/30/26 | | | 2,290 | | | | 2,263,905 | |
Truck Hero, Inc., 2021 Term Loan B, (1 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 01/31/28 | | | 983 | | | | 979,864 | |
USI, Inc. | | | | | | | | |
2017 Repriced Term Loan, (3 mo. LIBOR + 3.00%), 3.20%, 05/16/24 | | | 1,078 | | | | 1,065,146 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Auto Components (continued) | |
USI, Inc. (continued) | | | | | | | | |
2019 Incremental Term Loan B, (3 mo. LIBOR + 3.25%), 3.45%, 12/02/26 | | USD | 84 | | | $ | 83,263 | |
Wand NewCo 3, Inc., 2020 Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 02/05/26 | | | 1,059 | | | | 1,045,171 | |
| | | | | | | | |
| | | | | | | 5,437,349 | |
|
Automobiles — 0.3% | |
Mavis Tire Express Services Corp. | | | | | | | | |
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 3.36%, 03/20/25 | | | 1,015 | | | | 1,010,200 | |
2020 Add-On Term Loan B, (1 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 03/20/25 | | | 561 | | | | 559,547 | |
| | | | | | | | |
| | | | | | | 1,569,747 | |
|
Building Materials — 0.1% | |
Allied Universal Holdco LLC, 2019 Term Loan B, (1 mo. LIBOR + 4.25%), 4.36%, 07/12/26 | | | 813 | | | | 810,088 | |
CHI Overhead Doors, Inc, Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 07/31/25(d) | | | 80 | | | | 79,601 | |
| | | | | | | | |
| | | | | | | 889,689 | |
|
Building Products — 0.6% | |
CP Atlas Buyer, Inc., 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.50% Floor), 4.25%, 11/23/27 | | | 1,017 | | | | 1,009,535 | |
CPG International, Inc., 2017 Term Loan, (3 mo. LIBOR + 2.50%, 0.75% Floor), 3.25%, 05/05/24 | | | 673 | | | | 672,136 | |
MI Windows And Doors LLC, 2020 Term Loan, (1 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/18/27 | | | 221 | | | | 222,138 | |
Wilsonart LLC, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/19/23 | | | 1,612 | | | | 1,607,053 | |
| | | | | | | | |
| | | | | | | 3,510,862 | |
|
Capital Markets — 0.7% | |
Deerfield Dakota Holding, LLC, 2020 USD Term Loan B, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 04/09/27 | | | 2,403 | | | | 2,402,727 | |
Eagle Broadband Investments LLC, Term Loan, (3 mo. LIBOR + 3.00%, 0.75% Floor), 3.75%, 11/12/27. | | | 573 | | | | 570,658 | |
Greenhill & Co., Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 04/12/24 | | | 267 | | | | 265,008 | |
GT Polaris, Inc., Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 09/24/27 | | | 318 | | | | 317,805 | |
Jefferies Finance LLC, 2019 Term Loan, (1 mo. LIBOR + 3.00%), 3.13%, 06/03/26 | | | 461 | | | | 456,512 | |
| | | | | | | | |
| | | | | | | 4,012,710 | |
|
Chemicals — 1.5% | |
Ascend Performance Materials Operations LLC, 2021 Term Loan B, (3 mo. LIBOR + 4.75%, 0.75% Floor), 5.50%, 08/27/26 | | | 1,048 | | | | 1,061,532 | |
Atotech BV, 2021 USD Term Loan B, (3 mo. LIBOR + 2.50%, 0.50% Floor), 3.00%, 03/18/28 | | | 1,366 | | | | 1,360,877 | |
Axalta Coating Systems US Holdings Inc., USD Term Loan B3, (3 mo. LIBOR + 1.75%), 1.95%, 06/01/24 | | | 521 | | | | 518,024 | |
Element Materials Technology Group US Holdings, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 06/05/24 | | | 347 | | | | 339,541 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Chemicals (continued) | |
Encapsys LLC, 2020 Term Loan B2, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 11/07/24 | | USD | 559 | | | $ | 558,500 | |
Illuminate Buyer LLC, 2021 Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 06/30/27 | | | 1,104 | | | | 1,097,941 | |
Invictus US LLC | | | | | | | | |
1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 03/28/25 | | | 341 | | | | 337,151 | |
2nd Lien Term Loan, (1 mo. LIBOR + 6.75%), 6.86%, 03/30/26 | | | 123 | | | | 122,042 | |
Klockner-Pentaplast of America, Inc., 2021 Term Loan B, 02/09/26(p) | | | 522 | | | | 520,042 | |
Messer Industries GmbH, 2018 USD Term Loan, (3 mo. LIBOR + 2.50%), 2.70%, 03/01/26 | | | 776 | | | | 769,145 | |
Momentive Performance Materials, Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 05/15/24 | | | 726 | | | | 713,514 | |
NIC Acquisition Corp., Term Loan, (6 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/29/27 | | | 289 | | | | 288,760 | |
Oxea Holding Drei GmbH, 2017 USD Term Loan B2, (1 mo. LIBOR + 3.50%), 3.63%, 10/14/24 | | | 990 | | | | 973,324 | |
Starfruit Finco BV, 2018 USD Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 10/01/25 | | | 117 | | | | 114,904 | |
W.R. Grace & Co.-Conn., 2021 Term Loan B3, 03/30/28(d)(p) | | | 403 | | | | 399,978 | |
| | | | | | | | |
| | | | | | | 9,175,275 | |
|
Commercial Services & Supplies — 1.3% | |
Aramark Services, Inc., 2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 1.86%, 03/11/25 | | | 374 | | | | 370,079 | |
Asurion LLC | | | | | | | | |
2018 Term Loan B6, (1 mo. LIBOR + 3.00%), 3.11%, 11/03/23. | | | 154 | | | | 153,214 | |
2018 Term Loan B7, (1 mo. LIBOR + 3.00%), 3.11%, 11/03/24. | | | 381 | | | | 379,493 | |
2020 Term Loan B8, (1 mo. LIBOR + 3.25%), 3.36%, 12/23/26 | | | 897 | | | | 890,423 | |
2021 2nd Lien Term Loan B3, (1 mo. LIBOR + 5.25%), 5.36%, 01/31/28 | | | 364 | | | | 370,370 | |
Dealer Tire LLC, 2020 Term Loan B, (1 mo. LIBOR + 4.25%), 4.36%, 12/12/25 | | | 842 | | | | 842,666 | |
Diamond (BC) BV, USD Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 09/06/24 | | | 713 | | | | 708,740 | |
EnergySolutions LLC, 2018 Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 05/09/25 | | | 188 | | | | 186,519 | |
GFL Environmental, Inc., 2020 Term Loan, (3 mo. LIBOR + 3.00%, 0.50% Floor), 3.50%, 05/30/25 | | | 177 | | | | 176,849 | |
Harland Clarke Holdings Corp., Term Loan B7, (3 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 11/03/23. | | | 158 | | | | 139,571 | |
KAR Auction Services, Inc., 2019 Term Loan B6, (1 mo. LIBOR + 2.25%), 2.38%, 09/19/26 | | | 445 | | | | 435,353 | |
Packers Holdings LLC, 2021 Term Loan, (3 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 03/09/28 | | | 714 | | | | 705,375 | |
Prime Security Services Borrower LLC, 2021 Term Loan, (12 mo. LIBOR + 2.75%, 0.75% Floor), 3.50%, 09/23/26 | | | 707 | | | | 703,350 | |
US Ecology, Inc., Term Loan B, (1 mo. LIBOR + 2.50%), 2.61%, 11/01/26 | | | 156 | | | | 155,569 | |
| | |
SCHEDULE OF INVESTMENTS | | 19 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Commercial Services & Supplies (continued) | |
Verscend Holding Corp. | | | | | | | | |
2018 Term Loan B, (1 mo. LIBOR + 4.50%), 4.61%, 08/27/25 | | USD | 1,077 | | | $ | 1,076,145 | |
2021 Term Loan B, 08/27/25(p) | | | 345 | | | | 345,077 | |
| | | | | | | | |
| | | | | | | 7,638,793 | |
|
Communications Equipment — 0.0% | |
Avantor Funding, Inc., USD Term Loan B3, (1 mo. LIBOR + 2.25%, 1.00% Floor), 3.25%, 11/21/24 | | | 430 | | | | 302,700 | |
| | | | | | | | |
|
Construction & Engineering — 0.6% | |
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (3 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 06/21/24 | | | 1,698 | | | | 1,670,004 | |
Pike Corp., 2021 Incremental Term Loan B, (1 mo. LIBOR + 3.00%), 3.13%, 01/21/28 | | | 442 | | | | 440,441 | |
Pisces Midco, Inc., 2018 Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 04/12/25 | | | 127 | | | | 126,520 | |
SRS Distribution, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 05/23/25 | | | 1,134 | | | | 1,117,657 | |
| | | | | | | | |
| | | | | | | 3,354,622 | |
|
Construction Materials — 0.6% | |
Core & Main LP, 2017 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 08/01/24 | | | 1,017 | | | | 1,012,436 | |
Filtration Group Corp. | | | | | | | | |
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 03/29/25 | | | 1,131 | | | | 1,113,942 | |
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 03/29/25 | | | 508 | | | | 506,562 | |
Forterra Finance LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 10/25/23 | | | 473 | | | | 473,341 | |
Tamko Building Products, Inc., Term Loan B, 05/29/26(p) | | | 361 | | | | 358,971 | |
| | | | | | | | |
| | | | | | | 3,465,252 | |
|
Containers & Packaging — 0.7% | |
BWAY Holding Co., 2017 Term Loan B, (3 mo. LIBOR + 3.25%), 3.44%, 04/03/24 | | | 1,062 | | | | 1,038,417 | |
Charter NEX US, Inc., 2020 Term Loan, (1 mo. LIBOR + 4.25%, 0.75% Floor), 5.00%, 12/01/27 | | | 2,027 | | | | 1,840,864 | |
Flex Acquisition Co., Inc., 2021 Term Loan, (1 mo. LIBOR + 3.50%, 0.50% Floor), 4.00%, 03/02/28 | | | 1,000 | | | | 986,599 | |
Pregis TopCo Corp., 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 08/01/26 | | | 138 | | | | 136,617 | |
Tosca Services LLC, 2021 Term Loan, (1 mo. LIBOR + 3.50%, 0.75% Floor), 4.25%, 08/18/27 | | | 328 | | | | 327,690 | |
| | | | | | | | |
| | | | | | | 4,330,187 | |
|
Distributors — 0.4% | |
American Builders & Contractors Supply Co., Inc., 2019 Term Loan, (1 mo. LIBOR + 2.00%), 2.11%, 01/15/27 | | | 889 | | | | 881,622 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Distributors (continued) | |
TMK Hawk Parent Corp. | | | | | | | | |
2020 Super Priority First Out Term Loan A, (2 mo. LIBOR + 9.50%, 1.00% Floor), 10.50%, 05/30/24(d) | | USD | 404 | | | $ | 399,528 | |
2020 Super Priority Second Out Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 08/30/24. | | | 1,330 | | | | 1,172,984 | |
| | | | | | | | |
| | | | | | | 2,454,134 | |
|
Diversified Consumer Services — 0.8% | |
Amentum Government Services Holdings LLC, Term Loan B, (1 mo. LIBOR + 3.50%), 3.61%, 01/31/27 | | | 203 | | | | 200,277 | |
APX Group, Inc., 2020 Term Loan, (PRIME + 4.00%), 7.25%, 12/31/25 | | | 62 | | | | 61,783 | |
Ascend Learning LLC | | | | | | | | |
2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 07/12/24 | | | 767 | | | | 763,290 | |
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 07/12/24 | | | 318 | | | | 318,203 | |
Bright Horizons Family Solutions, LLC, 2017 Term Loan B, (PRIME + 0.75%), 4.00%, 11/07/23 | | | 780 | | | | 773,232 | |
Genuine Financial Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 07/11/25. | | | 961 | | | | 944,827 | |
Midas Intermediate Holdco II, LLC, 2020 Term Loan B, (3 mo. LIBOR + 6.75%, 0.75% Floor), 7.50%, 12/22/25 | | | 844 | | | | 863,978 | |
Nomad Foods Europe Midco Ltd., 2017 USD Term Loan B4, (1 mo. LIBOR + 2.25%), 2.36%, 05/15/24 | | | 410 | | | | 406,180 | |
PAI Holdco, Inc., 2020 Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 10/28/27 | | | 299 | | | | 299,748 | |
Serta Simmons Bedding LLC | | | | | | | | |
2020 Super Priority First Out Term Loan, (1 mo. LIBOR + 7.50%), 8.50%, 08/10/23 | | | 189 | | | | 190,889 | |
2020 Super Priority Second Out Term Loan, (1 mo. LIBOR + 7.50%, 1.00% Floor), 8.50%, 08/10/23. | | | 254 | | | | 241,890 | |
| | | | | | | | |
| | | | | | | 5,064,297 | |
|
Diversified Financial Services — 3.0% | |
Advisor Group, Inc., 2021 Term Loan, (1 mo. LIBOR + 4.50%), 4.61%, 07/31/26 | | | 719 | | | | 717,708 | |
Alchemy Copyrights, LLC, Term Loan B, (1 mo. LIBOR + 3.00%, 0.50% Floor), 3.50%, 08/14/27(d) | | | 346 | | | | 346,262 | |
AlixPartners LLP, 2021 USD Term Loan B, 02/04/28(p) | | | 1,383 | | | | 1,377,039 | |
Allsup’s Convenience Stores, Inc., Term Loan, (1 mo. LIBOR + 6.25%), 6.36%, 11/18/24 | | | 262 | | | | 264,421 | |
Applecaramel Buyer LLC, Term Loan B, (6 mo. LIBOR + 4.00%, 0.50% Floor), 4.50%, 10/19/27 | | | 545 | | | | 543,274 | |
Credito Real SAB de CV Sofom ENR, Term Loan B, (3 mo. LIBOR + 3.75%), 3.93%, 02/17/23(d) | | | 35 | | | | 34,230 | |
Delta TopCo, Inc. | | | | | | | | |
2020 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 0.75% Floor), 8.00%, 12/01/28 | | | 261 | | | | 266,546 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Diversified Financial Services (continued) | |
Delta TopCo, Inc. (continued) | | | | | | | | |
2020 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/01/27 | | USD | 1,765 | | | $ | 1,761,223 | |
EG Finco Ltd., 2018 Term Loan, (3 mo. LIBOR + 4.00%), 4.20%, 02/07/25 | | | 519 | | | | 509,867 | |
I-Logic Technologies Bidco Ltd., 2021 USD Term Loan B, (3 mo. LIBOR + 4.00%, 0.50% Floor), 4.50%, 02/16/28(d) | | | 610 | | | | 604,663 | |
Kingpin Intermediate Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 07/03/24 | | | 687 | | | | 671,267 | |
LBM Acquisition LLC | | | | | | | | |
Delayed Draw Term Loan, 12/18/27(p) | | | 87 | | | | 86,255 | |
Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/18/27 | | | 390 | | | | 388,148 | |
LEB Holdings (USA), Inc, Term Loan B, (3 mo. LIBOR + 4.00%, , 0.75% Floor), 4.75%, 11/02/27 . | | | 422 | | | | 422,875 | |
Milano Acquisition Corp., Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 10/01/27 | | | 2,734 | | | | 2,720,477 | |
RV Retailer LLC, Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 02/08/28 | | | 370 | | | | 368,613 | |
SMG US Midco 2, Inc., 2020 Term Loan, (3 mo. LIBOR + 2.50%), 2.71%, 01/23/25 | | | 536 | | | | 508,824 | |
SpA Holdings 3 Oy, USD Term Loan B, 03/11/28(d)(p) | | | 466 | | | | 464,835 | |
SSH Group Holdings, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.25%), 4.45%, 07/30/25 | | | 876 | | | | 834,021 | |
Therma Intermediate LLC, 2020 Term Loan, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 12/16/27 | | | 284 | | | | 283,919 | |
Veritas US, Inc., 2021 USD Term Loan B, (3 mo. LIBOR + 5.00%, 1.00% Floor), 6.00%, 09/01/25 | | | 2,846 | | | | 2,855,863 | |
VS Buyer LLC, Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 02/28/27 | | | 1,387 | | | | 1,380,543 | |
Ziggo Financing Partnership, USD Term Loan I, (1 mo. LIBOR + 2.50%), 2.61%, 04/30/28 | | | 600 | | | | 593,454 | |
| | | | | | | | |
| | | | | | | 18,004,327 | |
|
Diversified Telecommunication Services — 1.0% | |
Cablevision Lightpath LLC, Term Loan B, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75%, 11/30/27 | | | 230 | | | | 228,851 | |
Consolidated Communications, Inc., 2020 Term Loan B, (1 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 10/02/27 | | | 349 | | | | 348,967 | |
Frontier Communications Corp., 2020 DIP Exit Term Loan, (1 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 10/08/21 | | | 621 | | | | 618,410 | |
GCI LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%, 0.75% Floor), 3.50%, 10/15/25 | | | 478 | | | | 474,816 | |
Hargray Communications Group, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 05/16/24 | | | 1,076 | | | | 1,073,398 | |
Intelsat Jackson Holdings SA | | | | | | | | |
2017 Term Loan B3, (PRIME + 4.75%), 8.00%, 11/27/23 | | | 145 | | | | 147,175 | |
2020 DIP Term Loan, (3 mo. LIBOR + 5.50%, 1.00% Floor), 6.50%, 07/13/22 | | | 50 | | | | 50,736 | |
Iridium Satellite LLC, 2021 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 11/04/26 | | | 720 | | | | 721,148 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Diversified Telecommunication Services (continued) | |
Level 3 Financing, Inc., 2019 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 03/01/27 | | USD | 566 | | | $ | 558,432 | |
MTN Infrastructure TopCo, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 11/15/24. | | | 998 | | | | 995,598 | |
TDC A/S, EUR Term Loan, (6 mo. EURIBOR + 3.00%), 3.00%, 06/11/25 | | EUR | 819 | | | | 957,386 | |
| | | | | | | | |
| | | | | | | 6,174,917 | |
|
Electric Utilities — 0.4% | |
ExGen Renewables IV LLC, 2020 Term Loan, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 12/15/27 | | USD | 570 | | | | 569,812 | |
Triton Water Holdings, Inc, Term Loan, 03/18/28(p) | | | 1,716 | | | | 1,707,952 | |
| | | | | | | | |
| | | | | | | 2,277,764 | |
|
Electrical Equipment — 0.1% | |
Gates Global LLC, 2021 Term Loan B3, (1 mo. LIBOR + 2.75%, 0.75% Floor), 3.50%, 03/31/27 | | | 870 | | | | 866,871 | |
| | | | | | | | |
|
Electronic Equipment, Instruments & Components — 0.0% | |
GrafTech Finance, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%, 0.50% Floor), 3.50%, 02/12/25 | | | 246 | | | | 245,341 | |
| | | | | | | | |
|
Environmental, Maintenance, & Security Service — 0.3% | |
Asplundh Tree Expert LLC, 2021 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 09/07/27 | | | 795 | | | | 792,397 | |
TruGreen Limited Partnership, 2020 Term Loan, (1 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 11/02/27. | | | 1,042 | | | | 1,040,071 | |
| | | | | | | | |
| | | | | | | 1,832,468 | |
|
Equity Real Estate Investment Trusts (REITs) — 0.1% | |
RHP Hotel Properties LP, 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 3.00%, 05/11/24 | | | 245 | | | | 242,494 | |
VICI Properties LLC, Replacement Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 12/20/24 | | | 580 | | | | 572,737 | |
| | | | | | | | |
| | | | | | | 815,231 | |
|
Food & Staples Retailing — 0.4% | |
H Food Holdings LLC, 2018 Incremental Term Loan B2, (1 mo. LIBOR + 4.00%), 4.11%, 05/23/25 | | | 502 | | | | 499,540 | |
Hearthside Food Solutions LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.68%), 3.80%, 05/23/25 | | | 267 | | | | 263,930 | |
US Foods, Inc. | | | | | | | | |
2016 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 06/27/23 | | | 1,429 | | | | 1,408,800 | |
2019 Term Loan B, (1 mo. LIBOR + 2.00%), 2.11%, 09/13/26 | | | 401 | | | | 392,934 | |
| | | | | | | | |
| | | | | | | 2,565,204 | |
|
Food Products — 1.0% | |
8th Avenue Food & Provisions, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 10/01/25 | | | 459 | | | | 458,251 | |
B&G Foods, Inc., 2019 Term Loan B4, (1 mo. LIBOR + 2.50%), 2.61%, 10/10/26 | | | 163 | | | | 162,595 | |
Chobani LLC, 2020 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 10/23/27 | | | 1,400 | | | | 1,397,865 | |
Froneri International Ltd. | | | | | | | | |
2020 USD 2nd Lien Term Loan, (1 mo. LIBOR + 5.75%), 5.86%, 01/29/28 | | | 123 | | | | 124,590 | |
| | |
SCHEDULE OF INVESTMENTS | | 21 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Food Products (continued) | |
Froneri International Ltd. (continued) | | | | | | | | |
2020 USD Term Loan, (1 mo. LIBOR + 2.25%), 2.36%, 01/29/27 | | USD | 2,044 | | | $ | 2,014,427 | |
Hostess Brands LLC, 2019 Term Loan, (3 mo. LIBOR + 2.25%, 0.75% Floor), 3.00%, 08/03/25 | | | 424 | | | | 421,048 | |
JBS USA LUX SA, 2019 Term Loan B, (1 mo. LIBOR + 2.00%), 2.11%, 05/01/26 | | | 114 | | | | 113,058 | |
Pathway Vet Alliance LLC, 2021 Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 03/31/27 | | | 232 | | | | 230,001 | |
Reynolds Group Holdings Inc., 2020 Term Loan B2, (1 mo. LIBOR + 3.25%), 3.36%, 02/05/26 | | | 257 | | | | 254,228 | |
Reynolds Group Holdings, Inc., 2017 Term Loan, (1 mo. LIBOR + 2.75%), 2.86%, 02/05/23 | | | 319 | | | | 317,798 | |
Shearer’s Foods, Inc., 2021 Term Loan, (3 mo. LIBOR + 3.50%, 0.75% Floor), 4.25%, 09/23/27 | | | 251 | | | | 250,075 | |
UTZ Quality Foods LLC, 2021 Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 01/20/28 | | | 240 | | | | 239,847 | |
| | | | | | | | |
| | | | | | | 5,983,783 | |
| | |
Health Care Equipment & Supplies — 0.3% | | | | | | |
Avantor Funding, Inc., 2020 Incremental Term Loan B4, (1 mo. LIBOR + 2.25%, 1.00% Floor), 3.25%, 11/06/27. | | | 867 | | | | 866,394 | |
Ortho-Clinical Diagnostics SA, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 06/30/25 | | | 853 | | | | 851,649 | |
| | | | | | | | |
| | | | | | | 1,718,043 | |
| | |
Health Care Providers & Services — 1.1% | | | | | | |
AHP Health Partners, Inc., 2021 Term Loan, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 06/30/25 | | | 334 | | | | 333,664 | |
CHG Healthcare Services, Inc., 2017 1st Lien Term Loan B, (6 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 06/07/23 | | | 953 | | | | 949,452 | |
Da Vinci Purchaser Corp., 2019 Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 01/08/27 | | | 543 | | | | 542,718 | |
Envision Healthcare Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 10/10/25 | | | 753 | | | | 647,670 | |
EyeCare Partners LLC, 2020 Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 02/18/27 | | | 870 | | | | 860,207 | |
Femur Buyer, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 4.50%), 4.75%, 03/05/26 | | | 422 | | | | 401,112 | |
HC Group Holdings II, Inc., Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 08/06/26 | | | 1,667 | | | | 1,659,834 | |
HCA, Inc., Term Loan B13, (1 mo. LIBOR + 1.75%), 1.86%, 03/18/26 | | | 272 | | | | 271,981 | |
MPH Acquisition Holdings LLC, 2016 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 06/07/23 | | | 429 | | | | 426,902 | |
PetVet Care Centers LLC, 2021 Term Loan B3, (1 mo. LIBOR + 3.50%, 0.75% Floor), 4.25%, 02/14/25 | | | 21 | | | | 20,797 | |
Sotera Health Holdings LLC, 2021 Term Loan, (3 mo. LIBOR + 2.75%, 0.50% Floor), 3.25%, 12/13/26 | | | 578 | | | | 575,833 | |
| | | | | | | | |
| | | | | | | 6,690,170 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
| | |
Health Care Services — 0.4% | | | | | | |
Azalea Topco, Inc., Term Loan, (3 mo. LIBOR + 3.50%), 3.71%, 07/25/26 | | USD | 1,138 | | | $ | 1,127,234 | |
Unified Physician Management LLC, 2020 Term Loan, (1 mo. LIBOR + 4.25%, 0.75% Floor), 5.00%, 12/18/27(d) | | | 584 | | | | 584,535 | |
WP CityMD Bidco LLC, 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 08/13/26 | | | 705 | | | | 703,296 | |
| | | | | | | | |
| | | | | | | 2,415,065 | |
| | |
Health Care Technology — 0.2% | | | | | | |
Athenahealth, Inc., 2021 Term Loan B1, (3 mo. LIBOR + 4.25%), 4.45%, 02/11/26 | | | 146 | | | | 146,121 | |
GoodRx, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 2.86%, 10/10/25 | | | 1,119 | | | | 1,114,567 | |
| | | | | | | | |
| | | | | | | 1,260,688 | |
|
Hotels, Restaurants & Leisure — 2.8% | |
1011778 B.C. Unlimited Liability Co., Term Loan B4, (1 mo. LIBOR + 1.75%), 1.86%, 11/19/26 | | | 1,000 | | | | 981,184 | |
Aimbridge Acquisition Co., Inc., 2019 Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 02/02/26(d) | | | 280 | | | | 271,873 | |
Aristocrat Leisure Ltd., 2020 Incremental Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 10/19/24 | | | 431 | | | | 431,912 | |
Boyd Gaming Corp., Term Loan B3, (1 Week LIBOR + 2.25%), 2.33%, 09/15/23 | | | 392 | | | | 390,432 | |
Caesars Resort Collection LLC | | | | | | | | |
2017 1st Lien Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 12/23/24 | | | 1,353 | | | | 1,331,625 | |
2020 Term Loan B1, (1 mo. LIBOR + 4.50%), 4.61%, 07/20/25 | | | 1,481 | | | | 1,482,350 | |
Churchill Downs, Inc., 2021 Incremental Term Loan B1, (3 mo. LIBOR + 2.00%), 2.12%, 03/10/28(d) | | | 346 | | | | 343,837 | |
Equinox Holdings, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 03/08/24 | | | 1,854 | | | | 1,727,244 | |
Four Seasons Hotels Ltd., New 1st Lien Term Loan, (1 mo. LIBOR + 2.00%), 2.11%, 11/30/23 | | | 549 | | | | 547,335 | |
Gateway Casinos & Entertainment Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor), 3.70%, 12/01/23 | | | 50 | | | | 48,798 | |
Golden Nugget LLC, 2017 Incremental Term Loan B, (2 mo. LIBOR + 2.50%, 0.75% Floor), 3.25%, 10/04/23 | | | 1,178 | | | | 1,158,388 | |
Golden Nugget, Inc., 2020 Initial Term Loan, (3 mo. LIBOR + 12.00%, 1.00% Floor), 13.00%, 10/04/23(d) | | | 80 | | | | 90,458 | |
Herschend Entertainment Co. LLC, Term Loan B, (3 mo. LIBOR + 5.75%, 1.00% Floor), 6.75%, 08/25/25(d) | | | 229 | | | | 232,283 | |
IRB Holding Corp, 2020 Fourth Amendment Incremental Term Loan, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/15/27 | | | 1,859 | | | | 1,850,620 | |
IRB Holding Corp., 2020 Term Loan B, (6 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 02/05/25 | | | 874 | | | | 865,712 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Hotels, Restaurants & Leisure (continued) | |
Playa Resorts Holding BV, 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 3.75%, 04/29/24 | | USD | 162 | | | $ | 155,275 | |
Scientific Games International, Inc., 2018 Term Loan B5, (1 mo. LIBOR + 2.75%), 2.86%, 08/14/24 | | | 361 | | | | 353,792 | |
Stars Group Holdings BV, 2018 USD Incremental Term Loan, (3 mo. LIBOR + 3.50%), 3.70%, 07/10/25 | | | 518 | | | | 518,433 | |
Station Casinos LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.25%, 0.25% Floor), 2.50%, 02/08/27 | | | 845 | | | | 830,723 | |
Travelport Finance (Luxembourg) S.a.r.l. | | | | | | | | |
2019 Term Loan, (3 mo. LIBOR + 5.00%), 5.20%, 05/29/26 | | | 828 | | | | 671,647 | |
2020 Super Priority Term Loan, (3 mo. LIBOR + 1.50%, 1.00% Floor), 2.50%, 02/28/25 | | | 441 | | | | 448,713 | |
Whatabrands LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 08/02/26 | | | 977 | | | | 970,275 | |
Wyndham Hotels & Resorts, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 05/30/25 | | | 202 | | | | 199,670 | |
Zaxby’s Operating Company LLC | | | | | | | | |
1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/28/27 | | | 723 | | | | 829,904 | |
2nd Lien Term Loan, (1 mo. LIBOR + 6.50%, 0.75% Floor), 7.25%, 12/28/28 | | | 101 | | | | 102,010 | |
| | | | | | | | |
| | | | | | | 16,834,493 | |
|
Household Durables — 0.1% | |
Reynolds Consumer Products LLC, Term Loan, (1 mo. LIBOR + 1.75%), 1.86%, 02/04/27 | | | 140 | | | | 139,793 | |
Weber-Stephen Products LLC, Term Loan B, (1 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 10/30/27 | | | 499 | | | | 498,126 | |
| | | | | | | | |
| | | | | | | 637,919 | |
|
Household Products — 0.0% | |
Spectrum Brands, Inc., 2021 Term Loan, (3 mo. LIBOR + 2.00%, 0.50% Floor), 2.50%, 03/03/28 | | | 221 | | | | 220,310 | |
| | | | | | | | |
|
Independent Power and Renewable Electricity Producers — 0.2% | |
Calpine Construction Finance Co. LP, 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 2.11%, 01/15/25 | | | 890 | | | | 877,660 | |
Calpine Corp., 2019 Term Loan B10, (1 mo. LIBOR + 2.00%), 2.11%, 08/12/26 | | | 289 | | | | 285,966 | |
| | | | | | | | |
| | | | | | | 1,163,626 | |
|
Industrial Conglomerates — 0.8% | |
AVSC Holding Corp. | | | | | | | | |
2020 Term Loan B1, (3 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 03/03/25 | | | 1,307 | | | | 1,156,206 | |
2020 Term Loan B3, (PIK + 10.00%), 10.00%, 10/15/26 | | | 376 | | | | 435,517 | |
Sequa Mezzanine Holdings LLC, 2020 Extended Term Loan, (3 mo. LIBOR + 6.75%, 1.00% Floor), 7.75%, 11/28/23 | | | 453 | | | | 453,865 | |
Vertical Midco GmbH, USD Term Loan B, (6 mo. LIBOR + 4.25%), 4.48%, 07/31/27 | | | 740 | | | | 741,395 | |
Vertiv Group Corporation, 2021 Term Loan B, (1 mo. LIBOR + 2.75%), 2.87%, 03/02/27 | | | 2,038 | | | | 2,020,466 | |
| | | | | | | | |
| | | | | | | 4,807,449 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Insurance — 1.0% | |
Alliant Holdings I, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 05/09/25 | | USD | 845 | | | $ | 833,841 | |
Alliant Holdings Intermediate LLC, Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 05/09/25 | | | 285 | | | | 280,881 | |
AmWINS Group, Inc., 2021 Term Loan B, (1 mo. LIBOR + 2.25%, 0.75% Floor), 3.00%, 02/19/28 | | | 1,268 | | | | 1,257,528 | |
AssuredPartners Capital, Inc., 2020 Incremental Term Loan B, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 02/13/27 | | | 167 | | | | 167,268 | |
AssuredPartners, Inc., 2020 Term Loan B, (1 mo. LIBOR + 3.50%), 3.61%, 02/13/27 | | | 543 | | | | 536,737 | |
Hub International Limited, 2021 Term Loan B, (3 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 04/25/25 | | | 700 | | | | 699,161 | |
HUB International Ltd., 2018 Term Loan B, (3 mo. LIBOR + 2.75%), 2.97%, 04/25/25 | | | 759 | | | | 747,995 | |
Ryan Specialty Group LLC, Term Loan, (1 mo. LIBOR + 3.00%, 0.75% Floor), 3.75%, 09/01/27 | | | 657 | | | | 655,603 | |
Sedgwick Claims Management Services, Inc. | | | | | | | | |
2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 12/31/25 | | | 176 | | | | 173,572 | |
2019 Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 09/03/26 | | | 622 | | | | 617,528 | |
2020 Term Loan B3, (1 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 09/03/26 | | | 379 | | | | 379,450 | |
| | | | | | | | |
| | | | | | | 6,349,564 | |
|
Interactive Media & Services — 1.2% | |
Adevinta ASA, USD Term Loan B, 04/20/28(p) | | | 1,071 | | | | 1,070,465 | |
Arches Buyer, Inc., 2021 Term Loan B, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75%, 12/06/27 | | | 942 | | | | 935,096 | |
Camelot U.S. Acquisition 1 Co., 2020 Incremental Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 10/31/26 | | | 1,634 | | | | 1,632,271 | |
Go Daddy Operating Co. LLC, 2021 Term Loan B4, (3 mo. LIBOR + 2.00%), 2.11%, 08/10/27 | | | 838 | | | | 832,259 | |
Grab Holdings, Inc., Term Loan B, (6 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 01/29/26 | | | 2,766 | | | | 2,807,490 | |
| | | | | | | | |
| | | | | | | 7,277,581 | |
|
Internet & Direct Marketing Retail — 0.2% | |
CNT Holdings I Corp., 2020 Term Loan, (6 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 11/08/27 | | | 1,093 | | | | 1,089,929 | |
| | | | | | | | |
|
Internet Software & Services — 0.1% | |
Uber Technologies, Inc., 2021 Term Loan B, (1 mo. LIBOR + 3.50%), 3.61%, 02/25/27 | | | 846 | | | | 841,266 | |
| | | | | | | | |
|
IT Services — 1.8% | |
Aruba Investments, Inc., 2020 USD Term Loan, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 11/24/27. | | | 341 | | | | 340,147 | |
Banff Merger Sub, Inc., 2021 USD Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 10/02/25 | | | 766 | | | | 762,097 | |
Camelot U.S. Acquisition 1 Co., Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 10/31/26 | | | 1,735 | | | | 1,720,413 | |
Greeneden US Holdings II LLC, 2020 USD Term Loan B, (1 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 12/01/27 | | | 2,891 | | | | 2,888,738 | |
Optiv Security, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 02/01/24 | | | 608 | | | | 585,807 | |
Peak 10 Holding Corp., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%), 7.43%, 08/01/25 | | | 273 | | | | 232,435 | |
| | |
SCHEDULE OF INVESTMENTS | | 23 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
IT Services (continued) | |
PUG LLC, USD Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 02/13/27 | | USD | 1,232 | | | $ | 1,187,210 | |
Rackspace Hosting, Inc., 2021 Term Loan, (3 mo. LIBOR + 2.75%, 0.75% Floor), 3.50%, 02/09/28 | | | 439 | | | | 434,415 | |
TierPoint LLC, 2021 Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 05/05/26 | | | 437 | | | | 433,804 | |
Trans Union, LLC, 2019 Term Loan B5, (1 mo. LIBOR + 1.75%), 1.86%, 11/16/26 | | | 767 | | | | 761,836 | |
Virtusa Corp., Term Loan B, (1 mo. LIBOR + 4.25%, 0.75% Floor), 5.00%, 02/11/28 | | | 449 | | | | 449,283 | |
WEX Inc., Term Loan B3, (1 mo. LIBOR + 2.25%), 2.36%, 05/15/26 | | | 578 | | | | 575,506 | |
WEX, Inc., 2021 Term Loan, 03/18/28(p) | | | 437 | | | | 435,361 | |
| | | | | | | | |
| | | | | | | 10,807,052 | |
|
Life Sciences Tools & Services — 0.7% | |
eResearchTechnology, Inc. | | | | | | | | |
2020 1st Lien Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 5.50%, 02/04/27 | | | 1,135 | | | | 1,135,160 | |
2021 Incremental Term Loan, 02/04/27(p) | | | 725 | | | | 725,341 | |
Maravai Intermediate Holdings LLC, 2020 Term Loan B, (1 mo. LIBOR + 4.25%, 1.00% Floor), 5.25%, 10/19/27(d) | | | 486 | | | | 488,633 | |
PPD, Inc., Initial Term Loan, (1 mo. LIBOR + 2.25%, 0.50% Floor), 2.75%, 01/13/28 | | | 1,812 | | | | 1,801,327 | |
| | | | | | | | |
| | | | | | | 4,150,461 | |
|
Machinery — 0.6% | |
Columbus McKinnon Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.50%, 1.00% Floor), 3.50%, 01/31/24 | | | 58 | | | | 57,836 | |
Hayward Industries, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 08/05/24 | | | 612 | | | | 610,835 | |
Ingersoll-Rand Services Co., 2020 USD Spinco Term Loan, (1 mo. LIBOR + 1.75%), 1.86%, 02/28/27 | | | 575 | | | | 566,820 | |
Titan Acquisition Ltd., 2018 Term Loan B, (6 mo. LIBOR + 3.00%), 3.27%, 03/28/25 | | | 2,334 | | | | 2,283,749 | |
| | | | | | | | |
| | | | | | | 3,519,240 | |
|
Media — 5.0% | |
A-L Parent LLC, 2016 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 4.25%, 12/01/23 | | | 1,275 | | | | 1,170,625 | |
Altice Financing SA | | | | | | | | |
2017 USD Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 07/15/25 | | | 444 | | | | 434,494 | |
USD 2017 1st Lien Term Loan, (3 mo. LIBOR + 2.75%), 2.95%, 01/31/26 | | | 534 | | | | 523,317 | |
Altice France SA, 2018 Term Loan B13, (3 mo. LIBOR + 4.00%), 4.20%, 08/14/26 | | | 1,342 | | | | 1,337,165 | |
Charter Communications Operating LLC, 2019 Term Loan B1, (1 mo. LIBOR + 1.75%), 1.86%, 04/30/25 | | | 1,366 | | | | 1,362,594 | |
Clear Channel Outdoor Holdings, Inc., Term Loan B, (3 mo. LIBOR + 3.50%), 3.71%, 08/21/26 | | | 2,567 | | | | 2,462,612 | |
Connect Finco Sarl, 2021 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 4.50%, 12/12/26 | | | 3,141 | | | | 3,128,170 | |
CSC Holdings LLC | | | | | | | | |
2017 Term Loan B1, (1 mo. LIBOR + 2.25%), 2.36%, 07/17/25 | | | 655 | | | | 645,812 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Media (continued) | |
CSC Holdings LLC (continued) | | | | | | | | |
2019 Term Loan B5, (1 mo. LIBOR + 2.50%), 2.61%, 04/15/27 | | USD | 1,010 | | | $ | 996,977 | |
E.W. Scripps Co., 2020 Term Loan B3, (1 mo. LIBOR + 3.00%, 0.75% Floor), 3.75%, 01/07/28 | | | 431 | | | | 428,968 | |
Gray Television, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 2.37%, 02/07/24 | | | 684 | | | | 678,888 | |
Lions Gate Capital Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 2.36%, 03/24/25 | | | 524 | | | | 514,938 | |
Live Nation Entertainment, Inc., Term Loan B4, (1 mo. LIBOR + 1.75%), 1.88%, 10/17/26 | | | 1,095 | | | | 1,062,704 | |
MH Sub I LLC | | | | | | | | |
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 09/13/24 | | | 1,914 | | | | 1,891,497 | |
2020 Incremental Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.75%, 09/15/24 | | | 1,078 | | | | 1,076,614 | |
2021 2nd Lien Term Loan, (1 mo. LIBOR + 6.25%), 6.36%, 02/23/29 | | | 581 | | | | 583,905 | |
Midcontinent Communications, 2019 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 08/15/26 | | | 260 | | | | 258,256 | |
Nexstar Broadcasting, Inc., 2019 Term Loan B4, (1 mo. LIBOR + 2.50%), 2.62%, 09/19/26 | | | 459 | | | | 455,139 | |
Playtika Holding Corp., 2021 Term Loan, 03/11/28(p) | | | 1,165 | | | | 1,156,263 | |
Radiate Holdco LLC, 2020 Term Loan, (1 mo. LIBOR + 3.50%, 0.75% Floor), 4.25%, 09/25/26 | | | 1,149 | | | | 1,148,341 | |
Sinclair Television Group, Inc., Term Loan B2, (1 mo. LIBOR + 2.25%), 2.36%, 01/03/24 | | | 192 | | | | 190,712 | |
Terrier Media Buyer, Inc., 2021 Term Loan, (1 mo. LIBOR + 3.50%), 3.61%, 12/17/26 | | | 1,017 | | | | 1,006,857 | |
Trader Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 09/28/23(d) | | | 1,480 | | | | 1,472,129 | |
UFC Holdings LLC, 2021 Term Loan B, (6 mo. LIBOR + 3.00%), 3.75%, 04/29/26 | | | 275 | | | | 273,859 | |
Virgin Media Bristol LLC | | | | | | | | |
2020 USD Term Loan Q, 01/31/29(p) | | | 917 | | | | 914,597 | |
USD Term Loan N, (1 mo. LIBOR + 2.50%), 2.61%, 01/31/28 | | | 522 | | | | 516,985 | |
William Morris Endeavor Entertainment, LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 2.75%), 2.94%, 05/18/25 | | | 1,201 | | | | 1,130,353 | |
WMG Acquisition Corp., 2021 Term Loan G, (1 mo. LIBOR + 2.12%), 2.23%, 01/20/28 | | | 261 | | | | 259,588 | |
Zayo Group Holdings, Inc., USD Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 03/09/27 | | | 3,536 | | | | 3,504,836 | |
| | | | | | | | |
| | | | | | | 30,587,195 | |
|
Metals & Mining — 0.1% | |
Ball Metalpack, LLC, 2018 1st Lien Term Loan B, (3 mo. LIBOR + 4.50%), 4.69%, 07/31/25 | | | 668 | | | | 663,215 | |
| | | | | | | | |
|
Oil, Gas & Consumable Fuels — 0.2% | |
Ascent Resources Utica LLC, 2020 Fixed 2nd Lien Term Loan, (Fixed), 10.00%, 11/01/25 | | | 330 | | | | 364,650 | |
Citgo Holding, Inc., 2019 Term Loan B, (3 mo. LIBOR + 7.00%, 1.00% Floor), 8.00%, 08/01/23 | | | 2 | | | | 1,890 | |
Edgewater Generation LLC, Term Loan, (1 mo. LIBOR + 3.75%), 3.86%, 12/13/25 | | | 434 | | | | 428,282 | |
EG Group Ltd., 2018 USD Term Loan B, (3 mo. LIBOR + 4.00%), 4.20%, 02/07/25 | | | 247 | | | | 243,066 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Oil, Gas & Consumable Fuels (continued) | |
Lealand Finance Company B.V., 2020 Take Back Term Loan, (PIK + 3.00%), 3.00%, 06/30/25(i) | | USD | 110 | | | $ | 59,841 | |
McDermott Technology Americas, Inc., 2020 Make Whole Term Loan, (1 mo. LIBOR + 3.00%), 3.11%, 06/30/24(d) | | | 16 | | | | 12,463 | |
Murphy USA, Inc., Term Loan B, (1 mo. LIBOR + 1.75%, 0.50% Floor), 2.25%, 01/31/28(d) | | | 253 | | | | 253,949 | |
| | | | | | | | |
| | | | | | | 1,364,141 | |
|
Personal Products — 0.5% | |
Sunshine Luxembourg VII SARL, 2021 Term Loan B3, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 10/01/26 | | | 3,157 | | | | 3,150,395 | |
| | | | | | | | |
|
Pharmaceuticals — 0.9% | |
Amneal Pharmaceuticals LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%), 3.63%, 05/04/25 | | | 849 | | | | 832,364 | |
Catalent Pharma Solutions, Inc., 2021 Term Loan B3, (1 mo. LIBOR + 2.00%, 0.50% Floor), 2.50%, 02/22/28 | | | 985 | | | | 984,265 | |
Elanco Animal Health, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 1.87%, 08/01/27 | | | 289 | | | | 284,764 | |
Grifols Worldwide Operations USA, Inc., USD 2019 Term Loan B, (1 Week LIBOR + 2.00%), 2.08%, 11/15/27 | | | 700 | | | | 691,882 | |
Precision Medicine Group, LLC, 2021 Term Loan, (3 mo. LIBOR + 3.00%, , 0.75% Floor), 3.75%, 11/18/27 | | | 911 | | | | 903,849 | |
Valeant Pharmaceuticals International, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 06/02/25 | | | 1,747 | | | | 1,740,547 | |
| | | | | | | | |
| | | | | | | 5,437,671 | |
|
Professional Services — 0.6% | |
Dun & Bradstreet Corp., Term Loan, (1 mo. LIBOR + 3.25%), 3.36%, 02/06/26 | | | 3,383 | | | | 3,362,043 | |
| | | | | | | | |
|
Real Estate Management & Development — 0.2% | |
CityCenter Holdings LLC, 2017 Term Loan B, (1 mo. LIBOR + 2.25%, 0.75% Floor), 3.00%, 04/18/24 | | | 716 | | | | 705,633 | |
Cushman & Wakefield U.S. Borrower, LLC, 2020 Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 08/21/25 | | | 564 | | | | 552,237 | |
Realogy Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.25%, 0.75% Floor), 3.00%, 02/08/25 | | | 31 | | | | 30,625 | |
| | | | | | | | |
| | | | | | | 1,288,495 | |
|
Road & Rail — 0.1% | |
SIRVA Worldwide, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 3.75%), 5.71%, 08/04/25(d) | | | 389 | | | | 357,719 | |
| | | | | | | | |
|
Semiconductors & Semiconductor Equipment — 0.1% | |
Cabot Microelectronics Corp., 2019 Term Loan B1, (1 mo. LIBOR + 2.00%), 2.13%, 11/14/25(d) | | | 463 | | | | 463,333 | |
| | | | | | | | |
|
Software — 6.5% | |
Applied Systems, Inc. | | | | | | | | |
2017 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 0.50% Floor), 3.50%, 09/19/24 | | | 1,736 | | | | 1,727,863 | |
2021 2nd Lien Term Loan, (3 mo. LIBOR + 5.50%, 0.75% Floor), 5.70%, 09/19/25 | | | 251 | | | | 252,255 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Software (continued) | |
Barracuda Networks, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 02/12/25 | | USD | 1,534 | | | $ | 1,531,879 | |
By Crown Parent LLC, Term Loan B1, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 01/31/26 | | | 1,230 | | | | 1,229,155 | |
Cloudera, Inc., Term Loan B, (1 mo. LIBOR + 2.50%, 0.75% Floor), 3.25%, 12/22/27(d) | | | 724 | | | | 722,190 | |
Cornerstone OnDemand, Inc., Term Loan B, (1 mo. LIBOR + 4.25%), 4.36%, 04/22/27 | | | 419 | | | | 418,689 | |
Cypress Intermediate Holdings III, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 4.00%, 04/29/24 | | | 1,857 | | | | 1,854,009 | |
Digicel International Finance Ltd., 2017 Term Loan B, (6 mo. LIBOR + 3.25%), 3.51%, 05/27/24 | | | 492 | | | | 466,994 | |
DTI Holdco, Inc., 2018 Term Loan B, (3 mo. LIBOR + 4.75%, 1.00% Floor), 5.75%, 09/29/23 | | | 488 | | | | 470,288 | |
Epicor Software Corp. | | | | | | | | |
2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 8.75%, 07/31/28 | | | 850 | | | | 876,563 | |
2020 Term Loan, (1 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 07/31/27 | | | 1,153 | | | | 1,148,519 | |
First Advantage Holdings LLC, 2021 Term Loan B, (1 mo. LIBOR + 3.00%), 3.11%, 01/31/27 | | | 523 | | | | 519,088 | |
Helios Software Holdings, Inc., 2021 USD Term Loan B, (3 mo. LIBOR + 3.75%), 3.93%, 03/11/28. | | | 1,048 | | | | 1,039,490 | |
Informatica LLC | | | | | | | | |
2020 USD 2nd Lien Term Loan, (Fixed), 7.13%, 02/25/25 | | | 679 | | | | 693,008 | |
2020 USD Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 02/25/27 | | | 2,218 | | | | 2,199,223 | |
McAfee LLC, 2018 USD Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 09/30/24 | | | 862 | | | | 862,035 | |
Mitchell International, Inc. | | | | | | | | |
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 3.36%, 11/29/24 | | | 844 | | | | 829,720 | |
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 7.36%, 11/30/25 | | | 396 | | | | 393,980 | |
2020 Add-On Term Loan, (1 mo. LIBOR + 4.25%, 0.50% Floor), 4.75%, 12/01/24 | | | 834 | | | | 834,435 | |
Netsmart Technologies, Inc., 2020 Term Loan B, (3 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 10/01/27 | | | 569 | | | | 568,289 | |
Planview Parent, Inc., Term Loan, (3 mo. LIBOR + 4.00%, , 0.75% Floor), 4.75%, 12/17/27 | | | 1,040 | | | | 1,037,793 | |
Project Alpha Intermediate Holding, Inc., 2021 Term Loan B, (1 mo. LIBOR + 4.00%), 4.11%, 04/26/24 | | | 604 | | | | 602,218 | |
RealPage, Inc, Term Loan, 02/17/28(p) | | | 3,635 | | | | 3,616,350 | |
Renaissance Holding Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 3.36%, 05/30/25 | | | 31 | | | | 30,652 | |
Sabre GLBL, Inc., 2020 Term Loan B, (1 mo. LIBOR + 4.00%, 0.75% Floor), 4.75%, 12/17/27 | | | 441 | | | | 445,031 | |
Severin Acquisition, LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 3.36%, 08/01/25 | | | 1,868 | | | | 1,843,240 | |
SolarWinds Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 02/05/24 | | | 698 | | | | 683,947 | |
Solera LLC, USD Term Loan B, (1 mo. LIBOR + 2.75%), 2.86%, 03/03/23 | | | 753 | | | | 748,526 | |
| | |
SCHEDULE OF INVESTMENTS | | 25 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Software (continued) | |
Sophia LP, 2020 1st Lien Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 10/07/27 | | | USD 2,097 | | | $ | 2,094,124 | |
SS&C Technologies Holdings Europe Sarl, 2018 Term Loan B4, (1 mo. LIBOR + 1.75%), 1.86%, 04/16/25 | | | 531 | | | | 525,008 | |
SS&C Technologies, Inc., 2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 1.86%, 04/16/25 | | | 712 | | | | 703,557 | |
Tempo Acquisition LLC, 2020 Extended Term Loan, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75% 11/02/26. | | | 2,742 | | | | 2,739,412 | |
Tibco Software, Inc., 2020 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 7.36%, 03/04/28 | | | 1,429 | | | | 1,442,855 | |
Ultimate Software Group, Inc. | | | | | | | | |
2020 2nd Lien Incremental Term Loan, (3 mo. LIBOR + 6.75%, 0.75% Floor), 7.50%, 05/03/27. | | | 794 | | | | 811,865 | |
2021 Incremental Term Loan, (3 mo. LIBOR + 3.25%, 0.75% Floor), 4.00%, 05/03/26 | | | 1,154 | | | | 1,153,541 | |
Term Loan B, (1 mo. LIBOR + 3.75%), 3.86%, 05/03/26 | | | 2,346 | | | | 2,341,975 | |
| | | | | | | | |
| | | | | | | 39,457,766 | |
|
Specialty Retail — 1.5% | |
Belron Finance US LLC | | | | | | | | |
2018 Term Loan B, (3 mo. LIBOR + 2.25%), 2.45%, 11/13/25 | | | 182 | | | | 180,679 | |
2019 USD Term Loan B, (3 mo. LIBOR + 2.25%), 2.46%, 10/30/26 | | | 415 | | | | 411,639 | |
USD Term Loan B, (3 mo. LIBOR + 2.25%), 2.44%, 11/07/24 | | | 737 | | | | 735,856 | |
CD&R Firefly Bidco Ltd., 2018 GBP Term Loan B1, (3 mo. LIBOR + 4.25%), 4.31%, 06/21/25 | | | GBP 1,000 | | | | 1,370,300 | |
EG Group Limited, 2021 Term Loan, 03/10/26(p) | | | USD 236 | | | | 233,345 | |
IAA, Inc., Term Loan B, (1 mo. LIBOR + 2.25%), 2.38%, 06/28/26(d) | | | 285 | | | | 282,921 | |
MED ParentCo LP | | | | | | | | |
1st Lien Delayed Draw Term Loan, (1 mo. LIBOR + 4.25%), 4.25%, 08/31/26 | | | 167 | | | | 165,914 | |
1st Lien Term Loan, (1 mo. LIBOR + 4.25%), 4.36%, 08/31/26 | | | 668 | | | | 661,613 | |
PetSmart, Inc., 2021 Term Loan B, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 02/12/28 | | | 2,470 | | | | 2,464,319 | |
Research Now Group, Inc., 2017 1st Lien Term Loan, (6 mo. LIBOR + 5.50%, 1.00% Floor), 6.50%, 12/20/24 | | | 996 | | | | 984,544 | |
Sotheby’s, Term Loan B, (3 mo. LIBOR + 4.75%, 0.75% Floor), 5.50%, 01/15/27 | | | 1,152 | | | | 1,156,055 | |
Woof Holdings, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.75%, 0.75% Floor), 4.50%, 12/21/27 | | | 230 | | | | 228,850 | |
| | | | | | | | |
| | | | | | | 8,876,035 | |
|
Technology Hardware, Storage & Peripherals — 0.1% | |
Electronics for Imaging, Inc., Term Loan, (1 mo. LIBOR + 5.00%), 5.11%, 07/23/26 | | | 527 | | | | 494,816 | |
Western Digital Corp., 2018 Term Loan B4, (1 mo. LIBOR + 1.75%), 1.86%, 04/29/23 | | | 253 | | | | 252,011 | |
| | | | | | | | |
| | | | | | | 746,827 | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Thrifts & Mortgage Finance — 0.1% | |
IG Investment Holdings LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 5.00%, 05/23/25 | | | USD 899 | | | $ | 898,037 | |
| | | | | | | | |
| | |
Trading Companies & Distributors — 0.2% | | | | | | |
Foundation Building Materials Holding Company LLC | | | | | | | | |
2021 Delayed Draw Term Loan, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75%, 02/10/28 | | | 228 | | | | 225,953 | |
2021 Term Loan, (1 mo. LIBOR + 3.25%, 0.50% Floor), 3.75%, 02/10/28 | | | 395 | | | | 390,709 | |
ION Trading Finance Limited, 2021 Term Loan, 03/25/28(p) | | | 303 | | | | 302,621 | |
| | | | | | | | |
| | | | | | | 919,283 | |
| | |
Wireless Telecommunication Services — 0.4% | | | | | | |
SBA Senior Finance II LLC, 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 1.86%, 04/11/25 | | | 1,072 | | | | 1,058,322 | |
Xplornet Communications, Inc., 2020 Term Loan B, (1 mo. LIBOR + 4.75%), 4.86%, 06/10/27 | | | 1,616 | | | | 1,614,723 | |
| | | | | | | | |
| | | | | | | 2,673,045 | |
| | | | | | | | |
| |
Total Floating Rate Loan Interests — 44.8% (Cost: $270,471,559) | | | | 272,183,689 | |
| | | | | |
|
Foreign Agency Obligations | |
|
Bahrain — 0.1% | |
Bahrain Government International Bond, 6.75%, 09/20/29 | | | 200 | | | | 217,375 | |
CBB International Sukuk Co. 7 SPC, 6.88%, 10/05/25 | | | 400 | | | | 462,375 | |
| | | | | | | | |
| | | | | | | 679,750 | |
|
Colombia — 0.3% | |
Colombia Government International Bond | | | | | | | | |
4.50%, 01/28/26(h) | | | 1,354 | | | | 1,485,169 | |
3.88%, 04/25/27 | | | 200 | | | | 213,812 | |
| | | | | | | | |
| | | | | | | 1,698,981 | |
|
Dominican Republic — 0.2% | |
Dominican Republic International Bond | | | | | | | | |
5.95%, 01/25/27 | | | 491 | | | | 550,534 | |
4.50%, 01/30/30(b) | | | 302 | | | | 303,416 | |
4.88%, 09/23/32(b) | | | 185 | | | | 186,850 | |
6.40%, 06/05/49 | | | 150 | | | | 157,078 | |
| | | | | | | | |
| | | | | | | 1,197,878 | |
|
Egypt — 0.3% | |
Egypt Government International Bond | | | | | | | | |
5.75%, 05/29/24(b) | | | 215 | | | | 225,280 | |
5.88%, 06/11/25 | | | 335 | | | | 353,006 | |
7.60%, 03/01/29 | | | 816 | | | | 867,000 | |
8.50%, 01/31/47(b) | | | 321 | | | | 318,392 | |
| | | | | | | | |
| | | | | | | 1,763,678 | |
|
Ghana — 0.0% | |
Ghana Government International Bond, 8.63%, 04/07/34(b) | | | 260 | | | | 255,346 | |
| | | | | | | | |
|
Iceland — 0.5% | |
Iceland Government International Bond, 5.88%, 05/11/22(h) | | | 3,030 | | | | 3,173,876 | |
| | | | | | | | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
Indonesia — 0.2% | |
Indonesia Government International Bond | | | | | | | | |
4.10%, 04/24/28 | | | USD 650 | | | $ | 718,859 | |
5.35%, 02/11/49 | | | 200 | | | | 248,125 | |
| | | | | | | | |
| | | | | | | 966,984 | |
|
Mexico — 0.2% | |
Mexico Government International Bond, 4.15%, 03/28/27(h) | | | 1,052 | | | | 1,166,668 | |
| | | | | | | | |
|
Mongolia — 0.0% | |
Mongolia Government International Bond, 8.75%, 03/09/24 | | | 250 | | | | 287,500 | |
| | | | | | | | |
|
Morocco — 0.1% | |
Morocco Government International Bond | | | | | | | | |
3.00%, 12/15/32 | | | 300 | | | | 280,875 | |
4.00%, 12/15/50 | | | 200 | | | | 177,000 | |
| | | | | | | | |
| | | | | | | 457,875 | |
|
Oman — 0.1% | |
Oman Government International Bond, 6.50%, 03/08/47 | | | 308 | | | | 290,290 | |
| | | | | | | | |
|
Panama — 0.1% | |
Panama Government International Bond | | | | | | | | |
3.16%, 01/23/30(h) | | | 445 | | | | 462,522 | |
4.50%, 04/16/50 | | | 211 | | | | 232,034 | |
| | | | | | | | |
| | | | | | | 694,556 | |
|
Paraguay — 0.1% | |
Paraguay Government International Bond | | | | | | | | |
4.95%, 04/28/31 | | | 300 | | | | 337,594 | |
5.40%, 03/30/50 | | | 200 | | | | 223,750 | |
| | | | | | | | |
| | | | | | | 561,344 | |
|
Peru — 0.1% | |
Peruvian Government International Bond | | | | | | | | |
2.78%, 01/23/31 | | | 354 | | | | 354,332 | |
1.86%, 12/01/32 | | | 259 | | | | 236,176 | |
5.63%, 11/18/50 | | | 165 | | | | 219,037 | |
| | | | | | | | |
| | | | | | | 809,545 | |
|
Portugal — 0.6% | |
Portugal Government International Bond, 5.13%, 10/15/24(b)(h) | | | 3,190 | | | | 3,645,921 | |
| | | | | | | | |
|
Qatar — 0.1% | |
Qatar Government International Bond | | | | | | | | |
4.00%, 03/14/29(b)(h) | | | 473 | | | | 536,855 | |
4.40%, 04/16/50 | | | 208 | | | | 241,280 | |
| | | | | | | | |
| | | | | | | 778,135 | |
|
Romania — 0.0% | |
Romanian Government International Bond, 3.00%, 02/14/31(b) | | | 280 | | | | 280,262 | |
| | | | | | | | |
|
Russia — 0.1% | |
Russian Foreign Bond—Eurobond | | | | | | | | |
4.75%, 05/27/26 | | | 400 | | | | 447,750 | |
4.25%, 06/23/27 | | | 200 | | | | 218,900 | |
| | | | | | | | |
| | | | | | | 666,650 | |
|
Saudi Arabia — 0.1% | |
Saudi Government International Bond, 4.50%, 04/17/30(h) | | | 595 | | | | 684,994 | |
| | | | | | | | |
| | | | | | | | |
Security | | Par (000) | | | Value | |
|
South Africa — 0.0% | |
Republic of South Africa Government International Bond, 5.88%, 05/30/22. | | | USD 200 | | | $ | 210,937 | |
| | | | | | | | |
|
Sri Lanka — 0.2% | |
Sri Lanka Government International Bond | | | | | | | | |
5.75%, 04/18/23 | | | 222 | | | | 151,029 | |
6.85%, 03/14/24 | | | 400 | | | | 254,875 | |
6.35%, 06/28/24 | | | 200 | | | | 127,688 | |
7.85%, 03/14/29 | | | 400 | | | | 244,500 | |
7.55%, 03/28/30 | | | 200 | | | | 122,000 | |
| | | | | | | | |
| | | | | | | 900,092 | |
|
Ukraine — 0.2% | |
Ukraine Government International Bond | | | | | | | | |
7.75%, 09/01/22 | | | 118 | | | | 124,394 | |
8.99%, 02/01/24 | | | 200 | | | | 221,800 | |
9.75%, 11/01/28 | | | 236 | | | | 274,793 | |
7.25%, 03/15/33(b) | | | 400 | | | | 397,750 | |
| | | | | | | | |
| | | | | | | 1,018,737 | |
| | | | | | | | |
| |
Total Foreign Agency Obligations — 3.6% (Cost: $21,703,738) | | | | 22,189,999 | |
| | | | | | | | |
| | |
| | Shares | | | | |
|
Investment Companies | |
|
Fixed Income Funds — 0.8% | |
Invesco Senior Loan ETF | | | 157,601 | | | | 3,487,710 | |
iShares iBoxx $ Investment Grade Corporate Bond ETF(q) | | | 10,000 | | | | 1,300,500 | |
| | | | | | | | |
| | | | | | | 4,788,210 | |
| | | | | | | | |
| |
Total Investment Companies — 0.8% (Cost: $4,779,837) | | | | 4,788,210 | |
| | | | | | | | |
| | |
| | Par (000) | | | | |
|
Non-Agency Mortgage-Backed Securities | |
|
Collateralized Mortgage Obligations — 0.7% | |
Countrywide Alternative Loan Trust | | | | | | | | |
Series 2005-54CB, Class 3A4, 5.50%, 11/25/35 | | | USD 1,338 | | | | 1,030,992 | |
Series 2006-J8, Class A5, 6.00%, 02/25/37 | | | 2,133 | | | | 1,377,805 | |
Series 2007-19, Class 1A1, 6.00%, 08/25/37 | | | 642 | | | | 460,042 | |
Countrywide Home Loan Mortgage Pass-Through Trust | | | | | | | | |
Series 2005-17, Class 1A6, 5.50%, 09/25/35 | | | 172 | | | | 174,228 | |
Series 2006-17, Class A2, 6.00%, 12/25/36 | | | 821 | | | | 547,804 | |
Series 2007-HY5, Class 3A1, 3.13%, 09/25/37(a) . | | | 452 | | | | 445,040 | |
GSR Mortgage Loan Trust, Series 2005-AR5, Class 2A3, 2.93%, 10/25/35(a) | | | 401 | | | | 295,822 | |
| | | | | | | | |
| | | | | | | 4,331,733 | |
| | |
SCHEDULE OF INVESTMENTS | | 27 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
|
Commercial Mortgage-Backed Securities — 0.9% | |
BAMLL Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.60%, 04/14/33(a)(b). | | | USD | | | | 4,830 | | | $ | 5,133,629 | |
| | | | | | | | | | | | |
| | | |
Total Non-Agency Mortgage-Backed Securities — 1.6% (Cost: $9,441,023) | | | | | | | | | | | 9,465,362 | |
| | | | | | | | | | | | |
| | | | | Benefical Interest (000) | | | | |
| | | |
Other Interests(r) | | | | | | | | | | | | |
| | | |
IT Services(d) — 0.0% | | | | | | | | | | | | |
Millennium Corp | | | USD | | | | 918 | | | | — | |
Millennium Lender Claims | | | | | | | 861 | | | | — | |
| | | | | | | | | | | | |
| | |
Total Other Interests — 0.0% (Cost: $ — ) | | | | | | | | — | |
| | | | | | | | | | | | |
| | | | | Par (000) | | | | |
| | | |
Preferred Securities | | | | | | | | | | | | |
| | | |
Capital Trusts — 4.7% | | | | | | | | | |
| | | |
Automobiles — 0.1% | | | | | | | | | |
General Motors Financial Co., Inc., Series C, 5.70%(a)(h)(m) | | | USD | | | | 365 | | | | 394,200 | |
| | | |
Banks(a) — 0.8% | | | | | 200 | | | 210,975 | |
Al Ahli Bank of Kuwait KSCP, 7.25%(m) | | | | | | | | | | | | |
Banco Mercantil del Norte SA, 6.75%(b)(h)(m) | | | | | | | 396 | | | | 410,474 | |
Bank of East Asia Ltd., 5.88%(m) | | | | | | | 250 | | | | 266,797 | |
Bankia SA, 6.38%(m) | | | EUR | | | | 200 | | | | 254,621 | |
BBVA Bancomer SA, 5.13%, 01/18/33 | | | USD | | | | 220 | | | | 226,119 | |
Burgan Bank SAK, 5.75%(m) | | | | | | | 250 | | | | 247,422 | |
CIT Group, Inc., Series A, 5.80%(m) | | | | | | | 235 | | | | 242,931 | |
Kasikornbank PCL, 5.28%(m) | | | | | | | 405 | | | | 425,883 | |
Nanyang Commercial Bank Ltd., 5.00%(m) | | | | | | | 200 | | | | 204,937 | |
Rizal Commercial Banking Corp., 6.50%(m) | | | | | | | 200 | | | | 207,375 | |
TMB Bank PCL, 4.90%(m) | | | | | | | 250 | | | | 250,781 | |
Wells Fargo & Co.(h)(m) | | | | | | | | | | | | |
Series S, 5.90% | | | | | | | 1,500 | | | | 1,594,125 | |
Series U, 5.88% | | | | | | | 384 | | | | 422,784 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,965,224 | |
| | | |
Consumer Finance — 0.5% | | | | | | | | | |
Capital One Financial Corp., Series E, 3.99%(a)(h)(m) | | | | | | | 3,000 | | | | 2,985,000 | |
| | | | | | | | | | | | |
| | | |
Diversified Financial Services(a)(m) — 2.8% | | | | | | | | | |
Bank of America Corp.(h) | | | | | | | | | | | | |
Series AA, 6.10% | | | | | | | 15 | | | | 16,650 | |
Series DD, 6.30% | | | | | | | 215 | | | | 247,250 | |
Series X, 6.25% | | | | | | | 1,929 | | | | 2,135,017 | |
Series Z, 6.50% | | | | | | | 143 | | | | 160,160 | |
BNP Paribas SA, 4.50%(b) | | | | | | | 205 | | | | 202,335 | |
Citigroup, Inc., Series Q, 4.29% | | | | | | | 244 | | | | 244,073 | |
Credit Suisse Group AG, 6.38%(b)(h) | | | | | | | 495 | | | | 527,175 | |
Credit Suisse Group AG, 6.25% | | | | | | | 200 | | | | 212,744 | |
HSBC Holdings PLC(h) | | | | | | | | | | | | |
6.25% | | | | | | | 695 | | | | 734,754 | |
6.00% | | | | | | | 415 | | | | 454,321 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
|
Diversified Financial Services (continued) | |
JPMorgan Chase & Co.(h) | | | | | | | | | | | | |
Series FF, 5.00% | | | USD | | | | 2,865 | | | $ | 2,961,694 | |
Series I, 3.68% | | | | | | | 322 | | | | 321,437 | |
Series V, 3.56% | | | | | | | 380 | | | | 378,290 | |
JPMorgan Chase & Co. | | | | | | | | | | | | |
Series HH, 4.60% | | | | | | | 253 | | | | 255,846 | |
Series R, 6.00% | | | | | | | 92 | | | | 96,437 | |
Lloyds Banking Group PLC, 7.50%(h) | | | | | | | 1,250 | | | | 1,428,125 | |
Morgan Stanley, Series H, 3.85%(h) | | | | | | | 2,754 | | | | 2,758,117 | |
Natwest Group PLC(h) | | | | | | | | | | | | |
6.00% | | | | | | | 1,185 | | | | 1,300,182 | |
8.63% | | | | | | | 200 | | | | 204,750 | |
Societe Generale SA, 5.38%(b)(h) | | | | | | | 2,250 | | | | 2,314,688 | |
Woori Bank, 4.25% | | | | | | | 250 | | | | 261,250 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 17,215,295 | |
| | | |
Diversified Telecommunication Services(a)(m) — 0.1% | | | | | | | | | |
Telefonica Europe BV | | | | | | | | | | | | |
5.88% | | | EUR | | | | 100 | | | | 131,343 | |
4.38% | | | | | | | 100 | | | | 127,424 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 258,767 | |
|
Electric Utilities — 0.3% | |
NextEra Energy Capital Holdings, Inc., 5.65%, 05/01/79(a)(h) | | | USD | | | | 1,750 | | | | 1,993,693 | |
| | | | | | | | | | | | |
| | |
Electronic Equipment, Instruments & Components — 0.0% | | | | | | | |
Belden, Inc., 4.13%, 10/15/26 | | | EUR | | | | 100 | | | | 120,202 | |
| | | | | | | | | | | | |
| | | |
Insurance — 0.0% | | | | | | | | | |
Heungkuk Life Insurance Co. Ltd., 4.48%(a)(m) | | | USD | | | | 200 | | | | 201,688 | |
| | | | | | | | | | | | |
| | | |
Oil, Gas & Consumable Fuels — 0.0% | | | | | | | | | | | | |
Abertis Infraestructuras Finance BV, 3.25%(a)(m) | | | EUR | | | | 100 | | | | 120,135 | |
| | | | | | | | | | | | |
| | | |
Utilities — 0.1% | | | | | | | | | |
Electricite de France SA, 3.00%(a)(m) | | | | | | | 200 | | | | 246,235 | |
| | | | | | | | | | | | |
| | | |
Wireless Telecommunication Services — 0.0% | | | | | | | | | |
Vodafone Group PLC, 3.10%, 01/03/79(a) | | | | | | | 100 | | | | 122,186 | |
| | | | | | | | | | | | |
| | | |
Total Capital Trusts — 4.7% | | | | | | | | | | | 28,622,625 | |
| | | | | | | | | | | | |
| | | | | Shares | | | | |
| | | |
Preferred Stocks — 1.7% | | | | | | | | | | | | |
| | | |
Banks — 0.0% | | | | | | | | | | | | |
CF-B L2 (D), LLC, (Acquired 04/08/15, Cost: $132,662)(g) | | | | | | | 135,568 | | | | 1,395 | |
| | | | | | | | | | | | |
| | | |
Capital Markets(a)(m) — 1.7% | | | | | | | | | |
Goldman Sachs Group, Inc., Series J, 5.50% | | | | | | | 202,526 | | | | 5,472,253 | |
Morgan Stanley | | | | | | | | | | | | |
Series F, 6.88% | | | | | | | 120,000 | | | | 3,378,000 | |
Series K, 5.85% | | | | | | | 53,253 | | | | 1,516,645 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 10,366,898 | |
| | | | | | | | | | | | |
| | | |
Total Preferred Stocks — 1.7% | | | | | | | | | | | 10,368,293 | |
| | | |
Trust Preferred — 0.5% | | | | | | | | | | | | |
| | | |
Diversified Financial Services — 0.5% | | | | | | | | | | | | |
GMAC Capital Trust I, Series 2, 5.98%, 02/15/40(a) . | | | | | | | 105,753 | | | | 2,694,586 | |
| | | | | | | | | | | | |
| | | |
Total Preferred Securities — 6.9% (Cost: $39,951,209) | | | | | | | | | | | 41,685,504 | |
| | | | | | | | | | | | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
|
U.S. Government Sponsored Agency Securities | |
| | |
Collateralized Mortgage Obligations — 0.2% | | | | | | | | | |
Fannie Mae Connecticut Avenue Securities, Series 2017-C03, Class 1M2, (1 mo. LIBOR US + 3.00%), 3.11%, 10/25/29(a) | | | USD | | | | 1,441 | | | $ | 1,472,975 | |
| | | | | | | | | | | | |
| | |
Mortgage-Backed Securities — 0.2% | | | | | | | | | |
Uniform Mortgage-Backed Securities 5.00%, 08/01/23 | | | | | | | 15 | | | | 15,130 | |
Series K042, Class X1, 1.04%, 12/25/24(a) | | | | | | | 33,141 | | | | 1,113,441 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,128,571 | |
| | | | | | | | | | | | |
| | | |
Total U.S. Government Sponsored Agency Securities — 0.4% (Cost: $2,636,653) | | | | | | | | | | | 2,601,546 | |
| | | | | | | | | | | | |
| | | |
U.S. Treasury Obligations | | | | | | | | | |
U.S. Treasury Bonds(h) | | | | | | | | | | | | |
2.88%, 05/15/49 | | | | | | | 1,350 | | | | 1,482,469 | |
1.88%, 02/15/51 | | | | | | | 6,500 | | | | 5,768,750 | |
U.S. Treasury Notes(h) | | | | | | | | | | | | |
2.75%, 04/30/23—08/31/25 | | | | | | | 14,150 | | | | 15,104,957 | |
1.25%, 03/31/28 | | | | | | | 8,000 | | | | 7,917,500 | |
1.13%, 02/15/31 | | | | | | | 6,500 | | | | 6,141,484 | |
| | | | | | | | | | | | |
| | | |
Total U.S. Treasury Obligations — 6.0% (Cost: $35,501,658) | | | | | | | | | | | 36,415,160 | |
| | | | | | | | | | | | |
| | | | | Shares | | | | |
|
Warrants | |
| | |
Metals & Mining — 0.0% | | | | | | | | | |
Ameriforge Group, Inc. (Expires 06/08/22) | | | | 2,542 | | | | — | |
| | | | | | | | | | | | |
| | |
Oil, Gas & Consumable Fuels(f) — 0.0% | | | | | | | | | |
California Resources Corp. (Expires 10/27/24) | | | | | | | 345 | | | | 1,570 | |
SM Energy Co. (Expires 06/30/23) | | | | | | | 12,030 | | | | 196,811 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 198,381 | |
| | | | | | | | | | | | |
| | | |
Total Warrants — 0.0% (Cost: $51,609) | | | | | | | | | | | 198,381 | |
| | | | | | | | | | | | |
| | | |
Total Long-Term Investments — 150.2% (Cost: $894,894,697) | | | | | | | | | | | 912,950,908 | |
| | | | | | | | | | | | |
| | | |
Short-Term Securities | | | | | | | | | |
| | | |
Money Market Funds — 0.9% | | | | | | | | | | | | |
BlackRock Liquidity Funds, T-Fund, Institutional Class, 0.01%(q)(s) | | | | | | | 5,662,331 | | | | 5,662,331 | |
| | | | | | | | | | | | |
| | | |
Total Short-Term Securities — 0.9% (Cost: $5,662,331) | | | | | | | | | | | 5,662,331 | |
| | | | | | | | | | | | |
| | | |
Options Purchased — 1.1% (Cost: $2,474,128) | | | | | | | | | | | 6,362,677 | |
| | | | | | | | | | | | |
| | | |
Total Investments Before Options Written — 152.2% (Cost: $903,031,156) | | | | | | | | | | | 924,975,916 | |
| | | | | | | | | | | | |
| | | |
Options Written — (1.1)% (Premiums Received: $(5,005,930)) | | | | | | | | | | | (6,851,495 | ) |
| | | | | | | | | | | | |
| | | |
Total Investments, Net of Options Written — 151.1% (Cost: $898,025,226) | | | | | | | | | | | 918,124,421 | |
| |
Liabilities in Excess of Other Assets — (51.1)% | | | | (310,343,942 | ) |
| | | | | | | | | | | | |
| | | |
Net Assets — 100.0% | | | | | | | | | | $ | 607,780,479 | |
| | | | | | | | | | | | |
(a) | Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. |
(b) | 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. |
(d) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(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) | Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $156,324, representing less than 0.05% of its net assets as of period end, and an original cost of $187,539. |
(h) | All or a portion of the security has been pledged as collateral in connection with outstanding reverse repurchase agreements. |
(i) | 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. |
(j) | Issuer filed for bankruptcy and/or is in default. |
(m) | Perpetual security with no stated maturity date. |
(n) | All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written. |
(o) | Amount is less than 500. |
(p) | 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. |
(q) | Affiliate of the Fund. |
(r) | Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities. |
(s) | Annualized 7-day yield as of period end. |
| | |
SCHEDULE OF INVESTMENTS | | 29 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) |
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.
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended March 31, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Affiliated Issuer | | Value at 12/31/20 | | | Purchases at Cost | | | Proceeds from Sales | | | Net Realized Gain (Loss) | | | Change in Unrealized Appreciation (Depreciation) | | | Value at 03/31/21 | | | Shares Held at 03/31/21 | | | Income | | | Capital Gain Distributions from Underlying Funds | |
BlackRock Liquidity Funds, T-Fund, Institutional Class | | $ | 9,760,422 | | | $ | — | | | $ | (4,098,091 | )(a) | | $ | — | | | $ | — | | | $ | 5,662,331 | | | | 5,662,331 | | | $ | 412 | | | $ | — | |
iShares iBoxx $ Investment Grade Corporate Bond ETF | | | 1,381,300 | | | | — | | | | — | | | | — | | | | (80,800 | ) | | | 1,300,500 | | | | 10,000 | | | | 5,365 | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | $ | — | | | $ | (80,800 | ) | | $ | 6,962,831 | | | | | | | $ | 5,777 | | | $ | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(a) | Represents net amount purchased (sold). |
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) |
Barclays Capital, Inc. | | | 0.50 | %(b) | | 06/19/20 | | Open | | $ | 792,743 | | | $ | 795,858 | | | Foreign Agency Obligations | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 06/19/20 | | Open | | | 1,078,870 | | | | 1,083,959 | | | Foreign Agency Obligations | | Open/Demand |
Barclays Capital, Inc. | | | 0.55 | (b) | | 06/29/20 | | Open | | | 637,812 | | | | 640,492 | | | Foreign Agency Obligations | | Open/Demand |
Barclays Capital, Inc. | | | 0.90 | (b) | | 06/29/20 | | Open | | | 956,887 | | | | 963,466 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.85 | (b) | | 07/23/20 | | Open | | | 815,065 | | | | 819,895 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 07/23/20 | | Open | | | 487,040 | | | | 489,587 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 07/23/20 | | Open | | | 466,113 | | | | 468,550 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 07/23/20 | | Open | | | 441,323 | | | | 443,630 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 07/23/20 | | Open | | | 459,405 | | | | 461,807 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.80 | (b) | | 07/23/20 | | Open | | | 415,069 | | | | 417,384 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.80 | (b) | | 07/23/20 | | Open | | | 419,445 | | | | 421,785 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.80 | (b) | | 07/23/20 | | Open | | | 485,985 | | | | 488,696 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.80 | (b) | | 07/23/20 | | Open | | | 439,020 | | | | 441,469 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.90 | (b) | | 07/23/20 | | Open | | | 416,500 | | | | 419,114 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 07/28/20 | | Open | | | 286,991 | | | | 287,860 | | | Foreign Agency Obligations | | Open/Demand |
Barclays Capital, Inc. | | | 0.85 | (b) | | 07/29/20 | | Open | | | 138,353 | | | | 139,153 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.85 | (b) | | 07/29/20 | | Open | | | 437,840 | | | | 440,373 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.85 | (b) | | 07/29/20 | | Open | | | 151,130 | | | | 152,004 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.85 | (b) | | 07/29/20 | | Open | | | 309,690 | | | | 311,481 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 08/06/20 | | Open | | | 1,324,897 | | | | 1,331,439 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 08/07/20 | | Open | | | 436,656 | | | | 438,075 | | | Foreign Agency Obligations | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 08/12/20 | | Open | | | 828,550 | | | | 834,651 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.65 | (b) | | 08/24/20 | | Open | | | 494,375 | | | | 496,339 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 08/24/20 | | Open | | | 278,958 | | | | 280,321 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 08/24/20 | | Open | | | 295,800 | | | | 297,246 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 08/24/20 | | Open | | | 333,660 | | | | 335,291 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 08/24/20 | | Open | | | 451,750 | | | | 453,959 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 08/24/20 | | Open | | | 362,813 | | | | 364,586 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 08/24/20 | | Open | | | 805,014 | | | | 808,211 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 08/24/20 | | Open | | | 913,447 | | | | 917,076 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 08/24/20 | | Open | | | 646,085 | | | | 648,651 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 08/24/20 | | Open | | | 703,105 | | | | 705,898 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 08/24/20 | | Open | | | 829,744 | | | | 833,547 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/01/20 | | Open | | | 359,470 | | | | 360,846 | | | Corporate Bonds | | Open/Demand |
BoFA Securities, Inc | | | (1.25 | )(b) | | 09/02/20 | | Open | | | 110,633 | | | | 109,822 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/09/20 | | Open | | | 677,844 | | | | 679,564 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/09/20 | | Open | | | 1,509,375 | | | | 1,513,205 | | | Capital Trusts | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/09/20 | | Open | | | 1,019,200 | | | | 1,023,108 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/09/20 | | Open | | | 2,549,281 | | | | 2,559,056 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/10/20 | | Open | | | 524,700 | | | | 526,025 | | | Corporate Bonds | | Open/Demand |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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 | | | 0.45 | %(b) | | 09/10/20 | | Open | | $ | 879,856 | | | $ | 882,078 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/10/20 | | Open | | | 1,051,850 | | | | 1,054,506 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/10/20 | | Open | | | 3,333,750 | | | | 3,342,168 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/10/20 | | Open | | | 925,062 | | | | 927,398 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/10/20 | | Open | | | 303,100 | | | | 303,865 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/10/20 | | Open | | | 3,780,000 | | | | 3,789,545 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/10/20 | | Open | | | 171,600 | | | | 172,033 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/10/20 | | Open | | | 2,377,897 | | | | 2,386,971 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/10/20 | | Open | | | 1,980,390 | | | | 1,987,946 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/10/20 | | Open | | | 1,102,995 | | | | 1,107,204 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 09/10/20 | | Open | | | 887,075 | | | | 890,808 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.85 | (b) | | 09/11/20 | | Open | | | 1,093,625 | | | | 1,098,764 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.85 | (b) | | 09/15/20 | | Open | | | 602,650 | | | | 605,453 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/18/20 | | Open | | | 396,000 | | | | 397,436 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 09/21/20 | | Open | | | 1,564,901 | | | | 1,569,053 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 09/21/20 | | Open | | | 1,544,375 | | | | 1,548,472 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 09/21/20 | | Open | | | 552,606 | | | | 554,072 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 09/21/20 | | Open | | | 1,208,962 | | | | 1,214,094 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 09/21/20 | | Open | | | 2,025,000 | | | | 2,033,595 | | | Capital Trusts | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/21/20 | | Open | | | 514,924 | | | | 517,246 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/21/20 | | Open | | | 1,480,080 | | | | 1,486,755 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/21/20 | | Open | | | 254,678 | | | | 255,826 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/21/20 | | Open | | | 410,670 | | | | 412,522 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 09/23/20 | | Open | | | 421,520 | | | | 423,290 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 09/23/20 | | Open | | | 429,709 | | | | 431,514 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 09/23/20 | | Open | | | 814,800 | | | | 818,222 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 09/23/20 | | Open | | | 1,182,455 | | | | 1,187,421 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 09/23/20 | | Open | | | 250,543 | | | | 251,595 | | | Corporate Bonds | | Open/Demand |
J.P. Morgan Securities LLC | | | 0.75 | (b) | | 09/23/20 | | Open | | | 202,068 | | | | 202,863 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 09/25/20 | | Open | | | 1,500,463 | | | | 1,508,540 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 543,375 | | | | 545,190 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 306,400 | | | | 307,423 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 1,538,945 | | | | 1,544,086 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 274,525 | | | | 275,442 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 5,608,055 | | | | 5,626,787 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 778,750 | | | | 781,351 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 156,040 | | | | 156,561 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 697,190 | | | | 699,519 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 837,606 | | | | 840,404 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 854,846 | | | | 857,702 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 596,850 | | | | 598,844 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 867,162 | | | | 870,059 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/25/20 | | Open | | | 425,163 | | | | 426,583 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/25/20 | | Open | | | 860,792 | | | | 863,801 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/25/20 | | Open | | | 168,768 | | | | 169,357 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/25/20 | | Open | | | 699,255 | | | | 701,770 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/25/20 | | Open | | | 304,780 | | | | 306,111 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/25/20 | | Open | | | 150,715 | | | | 151,373 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 09/28/20 | | Open | | | 738,494 | | | | 740,381 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 09/28/20 | | Open | | | 164,428 | | | | 165,100 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.85 | (b) | | 09/28/20 | | Open | | | 529,091 | | | | 531,402 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.45 | (b) | | 09/28/20 | | Open | | | 946,000 | | | | 948,176 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/28/20 | | Open | | | 663,810 | | | | 666,015 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/28/20 | | Open | | | 936,230 | | | | 939,340 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/28/20 | | Open | | | 232,785 | | | | 233,558 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/28/20 | | Open | | | 728,495 | | | | 730,915 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/28/20 | | Open | | | 693,500 | | | | 695,804 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/28/20 | | Open | | | 105,261 | | | | 105,611 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/28/20 | | Open | | | 637,184 | | | | 639,301 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/28/20 | | Open | | | 475,874 | | | | 477,455 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/28/20 | | Open | | | 661,045 | | | | 663,343 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/28/20 | | Open | | | 570,706 | | | | 572,690 | | | Corporate Bonds | | Open/Demand |
| | |
SCHEDULE OF INVESTMENTS | | 31 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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 | | | 0.68 | %(b) | | 09/28/20 | | Open | | $ | 246,488 | | | $ | 247,344 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/28/20 | | Open | | | 1,385,692 | | | | 1,390,650 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/29/20 | | Open | | | 188,000 | | | | 188,625 | | | Capital Trusts | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/29/20 | | Open | | | 1,146,600 | | | | 1,151,554 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/29/20 | | Open | | | 619,460 | | | | 622,137 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 09/29/20 | | Open | | | 211,563 | | | | 212,477 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 09/30/20 | | Open | | | 171,680 | | | | 172,331 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 09/30/20 | | Open | | | 264,600 | | | | 265,603 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 09/30/20 | | Open | | | 225,194 | | | | 226,048 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 653,331 | | | | 655,478 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 443,520 | | | | 444,977 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 358,598 | | | | 359,776 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 1,464,960 | | | | 1,469,774 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 400,171 | | | | 401,486 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 483,503 | | | | 485,091 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 601,027 | | | | 603,003 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 497,070 | | | | 498,703 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 593,206 | | | | 595,156 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 565,314 | | | | 567,171 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 337,658 | | | | 338,767 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 406,080 | | | | 407,414 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 350,520 | | | | 351,672 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 503,040 | | | | 504,693 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 09/30/20 | | Open | | | 212,220 | | | | 212,917 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 648,115 | | | | 650,343 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 383,493 | | | | 384,811 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 319,290 | | | | 320,388 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 463,536 | | | | 465,130 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 825,772 | | | | 828,611 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 554,937 | | | | 556,845 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 675,316 | | | | 677,638 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 506,196 | | | | 507,936 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 09/30/20 | | Open | | | 530,329 | | | | 532,152 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/30/20 | | Open | | | 439,931 | | | | 441,488 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/30/20 | | Open | | | 603,750 | | | | 605,887 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/30/20 | | Open | | | 108,960 | | | | 109,346 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/30/20 | | Open | | | 352,063 | | | | 353,308 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/30/20 | | Open | | | 693,701 | | | | 696,156 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/30/20 | | Open | | | 819,510 | | | | 822,410 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/30/20 | | Open | | | 416,233 | | | | 417,706 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 09/30/20 | | Open | | | 633,594 | | | | 635,836 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 10/22/20 | | Open | | | 650,925 | | | | 652,805 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 10/28/20 | | Open | | | 238,453 | | | | 240,230 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 10/29/20 | | Open | | | 7,263 | | | | 7,276 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 10/29/20 | | Open | | | 1,288,127 | | | | 1,292,781 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 10/29/20 | | Open | | | 266,895 | | | | 267,859 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 10/29/20 | | Open | | | 543,097 | | | | 545,059 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.45 | (b) | | 10/30/20 | | Open | | | 819,067 | | | | 820,634 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 10/30/20 | | Open | | | 515,280 | | | | 516,922 | | | Capital Trusts | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 10/30/20 | | Open | | | 517,252 | | | | 518,571 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 10/30/20 | | Open | | | 1,052,837 | | | | 1,055,522 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 10/30/20 | | Open | | | 999,410 | | | | 1,001,959 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 10/30/20 | | Open | | | 703,352 | | | | 705,236 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 10/30/20 | | Open | | | 395,931 | | | | 396,991 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 10/30/20 | | Open | | | 502,967 | | | | 504,314 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/02/20 | | Open | | | 718,925 | | | | 720,859 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 11/17/20 | | Open | | | 78,209 | | | | 78,407 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 11/20/20 | | Open | | | 181,646 | | | | 182,089 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 11/20/20 | | Open | | | 286,125 | | | | 286,843 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 11/23/20 | | Open | | | 321,080 | | | | 321,936 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 11/24/20 | | Open | | | 1,188,937 | | | | 1,191,790 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 11/25/20 | | Open | | | 332,710 | | | | 333,576 | | | Corporate Bonds | | Open/Demand |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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. | | | 0.75 | %(b) | | 11/25/20 | | Open | | $ | 372,930 | | | $ | 373,917 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 11/25/20 | | Open | | | 349,196 | | | | 350,120 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 11/25/20 | | Open | | | 785,439 | | | | 787,517 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.04 | (b) | | 11/25/20 | | Open | | | 1,758,375 | | | | 1,759,133 | | | U.S. Treasury Obligations | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 356,265 | | | | 357,082 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 371,018 | | | | 371,868 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 395,720 | | | | 396,627 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 621,981 | | | | 623,407 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 364,800 | | | | 365,637 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 554,925 | | | | 556,177 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 231,371 | | | | 231,893 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 381,500 | | | | 382,375 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 348,705 | | | | 349,505 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 431,833 | | | | 432,823 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 11/25/20 | | Open | | | 359,100 | | | | 359,923 | | | Corporate Bonds | | Open/Demand |
HSBC Securities (USA), Inc. | | | 0.03 | (b) | | 11/25/20 | | Open | | | 8,513,000 | | | | 8,515,928 | | | U.S. Treasury Obligations | | Open/Demand |
HSBC Securities (USA), Inc. | | | 0.03 | (b) | | 11/25/20 | | Open | | | 6,881,000 | | | | 6,883,366 | | | U.S. Treasury Obligations | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 11/25/20 | | Open | | | 668,980 | | | | 670,954 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.55 | (b) | | 11/30/20 | | Open | | | 1,288,560 | | | | 1,290,942 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/03/20 | | Open | | | 2,773,750 | | | | 2,780,660 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/03/20 | | Open | | | 1,103,051 | | | | 1,105,786 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/03/20 | | Open | | | 356,570 | | | | 357,447 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/03/20 | | Open | | | 440,368 | | | | 441,450 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/03/20 | | Open | | | 410,673 | | | | 411,682 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/03/20 | | Open | | | 384,548 | | | | 385,493 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/03/20 | | Open | | | 349,440 | | | | 350,299 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 12/03/20 | | Open | | | 353,906 | | | | 354,602 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 12/03/20 | | Open | | | 332,045 | | | | 332,731 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 12/03/20 | | Open | | | 609,127 | | | | 610,385 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.69 | (b) | | 12/03/20 | | Open | | | 1,738,497 | | | | 1,742,463 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/04/20 | | Open | | | 450,881 | | | | 451,961 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/04/20 | | Open | | | 322,163 | | | | 322,934 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/04/20 | | Open | | | 535,350 | | | | 536,633 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/04/20 | | Open | | | 377,685 | | | | 378,590 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 12/04/20 | | Open | | | 466,785 | | | | 467,754 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 12/04/20 | | Open | | | 1,113,750 | | | | 1,116,063 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 12/04/20 | | Open | | | 342,700 | | | | 343,412 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 12/04/20 | | Open | | | 400,431 | | | | 401,263 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 12/04/20 | | Open | | | 408,531 | | | | 409,510 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 12/04/20 | | Open | | | 352,681 | | | | 353,526 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 12/04/20 | | Open | | | 346,133 | | | | 347,072 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 12/04/20 | | Open | | | 884,214 | | | | 886,615 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 12/04/20 | | Open | | | 1,051,750 | | | | 1,054,606 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/07/20 | | Open | | | 264,399 | | | | 265,027 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/08/20 | | Open | | | 398,738 | | | | 399,676 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/08/20 | | Open | | | 437,441 | | | | 438,471 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/09/20 | | Open | | | 281,348 | | | | 282,004 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/09/20 | | Open | | | 211,739 | | | | 212,233 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/09/20 | | Open | | | 193,000 | | | | 193,450 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/09/20 | | Open | | | 231,458 | | | | 231,998 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/09/20 | | Open | | | 187,000 | | | | 187,436 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/09/20 | | Open | | | 434,280 | | | | 435,293 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 12/09/20 | | Open | | | 227,855 | | | | 228,387 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 12/09/20 | | Open | | | 415,543 | | | | 416,318 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 12/09/20 | | Open | | | 184,250 | | | | 184,594 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 12/09/20 | | Open | | | 196,994 | | | | 197,361 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 12/09/20 | | Open | | | 245,119 | | | | 245,599 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 12/09/20 | | Open | | | 239,078 | | | | 239,546 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 12/09/20 | | Open | | | 235,268 | | | | 235,729 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 12/09/20 | | Open | | | 235,903 | | | | 236,365 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 12/09/20 | | Open | | | 489,255 | | | | 490,214 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 12/09/20 | | Open | | | 233,163 | | | | 233,634 | | | Corporate Bonds | | Open/Demand |
| | |
SCHEDULE OF INVESTMENTS | | 33 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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 | | | 0.73 | %(b) | | 12/09/20 | | Open | | $ | 142,800 | | | $ | 143,124 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 12/11/20 | | Open | | | 366,988 | | | | 367,868 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 12/17/20 | | Open | | | 452,741 | | | | 453,600 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 01/06/21 | | Open | | | 690,412 | | | | 691,472 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/07/21 | | Open | | | 481,948 | | | | 482,735 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 01/07/21 | | Open | | | 215,683 | | | | 215,996 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.40 | (b) | | 01/07/21 | | Open | | | 1,645,575 | | | | 1,647,111 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 01/08/21 | | Open | | | 347,573 | | | | 348,059 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.85 | (b) | | 01/08/21 | | Open | | | 56,348 | | | | 56,454 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 01/11/21 | | Open | | | 157,463 | | | | 157,722 | | �� | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 01/13/21 | | Open | | | 871,080 | | | | 872,291 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 01/15/21 | | Open | | | 196,584 | | | | 196,879 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 01/20/21 | | Open | | | 245,555 | | | | 245,865 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 01/20/21 | | Open | | | 281,713 | | | | 282,069 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 01/20/21 | | Open | | | 189,230 | | | | 189,510 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 01/21/21 | | Open | | | 446,340 | | | | 446,768 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/21/21 | | Open | | | 570,706 | | | | 571,472 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/21/21 | | Open | | | 397,268 | | | | 397,801 | | | Corporate Bonds | | Open/Demand |
Credit Suisse Securities (USA) LLC | | | 0.30 | (b) | | 01/21/21 | | Open | | | 230,395 | | | | 230,527 | | | Foreign Agency Obligations | | Open/Demand |
Credit Suisse Securities (USA) LLC | | | 0.30 | (b) | | 01/21/21 | | Open | | | 234,750 | | | | 234,885 | | | Foreign Agency Obligations | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 369,450 | | | | 369,769 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 604,732 | | | | 605,254 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 1,491,862 | | | | 1,493,149 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 430,550 | | | | 430,921 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 402,188 | | | | 402,534 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 1,190,262 | | | | 1,191,289 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 1,713,550 | | | | 1,715,028 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 176,588 | | | | 176,740 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 316,438 | | | | 316,710 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 1,518,750 | | | | 1,520,060 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 01/21/21 | | Open | | | 308,513 | | | | 308,779 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 01/22/21 | | Open | | | 2,059,425 | | | | 2,060,935 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 01/22/21 | | Open | | | 2,757,300 | | | | 2,759,322 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 01/22/21 | | Open | | | 207,015 | | | | 207,243 | | | Foreign Agency Obligations | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/22/21 | | Open | | | 552,221 | | | | 552,930 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/22/21 | | Open | | | 772,650 | | | | 773,642 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/22/21 | | Open | | | 478,406 | | | | 479,020 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/22/21 | | Open | | | 1,802,585 | | | | 1,804,898 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/22/21 | | Open | | | 1,204,769 | | | | 1,206,315 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/22/21 | | Open | | | 1,827,882 | | | | 1,830,228 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/22/21 | | Open | | | 1,451,787 | | | | 1,453,651 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 01/22/21 | | Open | | | 1,483,312 | | | | 1,485,216 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 01/22/21 | | Open | | | 1,013,820 | | | | 1,014,991 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 01/22/21 | | Open | | | 690,030 | | | | 690,852 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 01/22/21 | | Open | | | 1,923,075 | | | | 1,925,367 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 01/22/21 | | Open | | | 371,635 | | | | 372,098 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 01/22/21 | | Open | | | 1,099,830 | | | | 1,101,241 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 01/22/21 | | Open | | | 830,415 | | | | 831,481 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.70 | (b) | | 01/22/21 | | Open | | | 1,202,967 | | | | 1,204,511 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 01/22/21 | | Open | | | 693,697 | | | | 694,651 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.80 | (b) | | 01/22/21 | | Open | | | 801,820 | | | | 802,996 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.95 | (b) | | 01/22/21 | | Open | | | 1,164,795 | | | | 1,166,824 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 1,565,550 | | | | 1,566,731 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 163,215 | | | | 163,338 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 473,606 | | | | 473,963 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 436,388 | | | | 436,717 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 701,187 | | | | 701,716 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 415,313 | | | | 415,626 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 92,820 | | | | 92,890 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 148,225 | | | | 148,337 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 1,861,562 | | | | 1,862,966 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.38 | (b) | | 01/22/21 | | Open | | | 964,125 | | | | 964,852 | | | Corporate Bonds | | Open/Demand |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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 | | | 0.38 | %(b) | | 01/22/21 | | Open | | $ | 1,054,331 | | | $ | 1,055,126 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 01/26/21 | | Open | | | 1,308,591 | | | | 1,310,363 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 01/28/21 | | Open | | | 978,477 | | | | 979,573 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 02/01/21 | | Open | | | 101,700 | | | | 101,808 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 02/03/21 | | Open | | | 1,189,100 | | | | 1,190,482 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 02/05/21 | | Open | | | 345,499 | | | | 345,895 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 02/08/21 | | Open | | | 343,931 | | | | 344,126 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 02/08/21 | | Open | | | 661,875 | | | | 662,250 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 02/08/21 | | Open | | | 637,662 | | | | 638,024 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 359,500 | | | | 359,857 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 416,700 | | | | 417,113 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 417,925 | | | | 418,339 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 430,031 | | | | 430,458 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 570,035 | | | | 570,600 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 1,281,510 | | | | 1,282,781 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 344,413 | | | | 344,754 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 399,630 | | | | 400,026 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 431,021 | | | | 431,449 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 545,160 | | | | 545,701 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 856,310 | | | | 857,159 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 773,797 | | | | 774,565 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 471,013 | | | | 471,480 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 702,000 | | | | 702,696 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/08/21 | | Open | | | 3,221,900 | | | | 3,225,095 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 02/16/21 | | Open | | | 351,330 | | | | 351,645 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 02/17/21 | | Open | | | 146,625 | | | | 146,836 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 02/17/21 | | Open | | | 275,783 | | | | 275,992 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 02/17/21 | | Open | | | 237,440 | | | | 237,620 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 02/19/21 | | Open | | | 500,857 | | | | 501,201 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.25 | (b) | | 02/22/21 | | Open | | | 211,250 | | | | 211,304 | | | Foreign Agency Obligations | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/22/21 | | Open | | | 212,438 | | | | 212,590 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/22/21 | | Open | | | 305,756 | | | | 305,976 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/22/21 | | Open | | | 416,629 | | | | 416,928 | | | Corporate Bonds | | Open/Demand |
Credit Suisse Securities (USA) LLC | | | 0.30 | (b) | | 02/24/21 | | Open | | | 1,350,000 | | | | 1,350,394 | | | Corporate Bonds | | Open/Demand |
Credit Suisse Securities (USA) LLC | | | 0.45 | (b) | | 02/24/21 | | Open | | | 1,595,000 | | | | 1,595,698 | | | Corporate Bonds | | Open/Demand |
Credit Suisse Securities (USA) LLC | | | 0.50 | (b) | | 02/24/21 | | Open | | | 1,780,312 | | | | 1,781,178 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 02/25/21 | | Open | | | 134,138 | | | | 134,188 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 02/25/21 | | Open | | | 234,619 | | | | 234,707 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 02/25/21 | | Open | | | 149,078 | | | | 149,134 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 02/25/21 | | Open | | | 198,211 | | | | 198,342 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 02/26/21 | | Open | | | 202,400 | | | | 202,505 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 03/01/21 | | Open | | | 484,744 | | | | 485,047 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 03/02/21 | | Open | | | 233,888 | | | | 234,038 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 03/03/21 | | Open | | | 304,500 | | | | 304,678 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/04/21 | | Open | | | 226,239 | | | | 226,358 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 03/04/21 | | Open | | | 514,497 | | | | 514,787 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 03/04/21 | | Open | | | 913,927 | | | | 914,442 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.55 | (b) | | 03/04/21 | | Open | | | 264,701 | | | | 264,906 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 03/04/21 | | Open | | | 273,079 | | | | 273,212 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.80 | (b) | | 03/04/21 | | Open | | | 141,800 | | | | 141,888 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.55 | (b) | | 03/05/21 | | Open | | | 602,437 | | | | 602,658 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 610,137 | | | | 610,422 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 660,650 | | | | 660,958 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 407,963 | | | | 408,153 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 481,805 | | | | 482,030 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 420,840 | | | | 421,036 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 420,188 | | | | 420,384 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 1,536,285 | | | | 1,537,002 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 480,049 | | | | 480,273 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 772,065 | | | | 772,425 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 543,605 | | | | 543,859 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 319,089 | | | | 319,238 | | | Corporate Bonds | | Open/Demand |
| | |
SCHEDULE OF INVESTMENTS | | 35 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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. | | | 0.70 | %(b) | | 03/05/21 | | Open | | $ | 425,445 | | | $ | 425,644 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 276,210 | | | | 276,339 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 585,622 | | | | 585,896 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 409,723 | | | | 409,914 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/05/21 | | Open | | | 549,780 | | | | 550,037 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.75 | (b) | | 03/05/21 | | Open | | | 378,994 | | | | 379,183 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 03/05/21 | | Open | | | 552,570 | | | | 552,865 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 03/05/21 | | Open | | | 504,067 | | | | 504,286 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.35 | (b) | | 03/05/21 | | Open | | | 239,406 | | | | 239,462 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 03/08/21 | | Open | | | 525,225 | | | | 525,443 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 03/08/21 | | Open | | | 449,540 | | | | 449,727 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 03/09/21 | | Open | | | 501,292 | | | | 501,501 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 03/10/21 | | Open | | | 774,462 | | | | 774,643 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 03/10/21 | | Open | | | 1,922,500 | | | | 1,922,949 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 03/10/21 | | Open | | | 1,289,062 | | | | 1,289,363 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.40 | (b) | | 03/10/21 | | Open | | | 1,855,000 | | | | 1,855,433 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 03/10/21 | | Open | | | 335,974 | | | | 336,072 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/10/21 | | Open | | | 378,785 | | | | 378,918 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/10/21 | | Open | | | 1,276,562 | | | | 1,277,009 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/10/21 | | Open | | | 362,263 | | | | 362,389 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/11/21 | | Open | | | 1,043,632 | | | | 1,043,980 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/11/21 | | Open | | | 593,512 | | | | 593,710 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/11/21 | | Open | | | 308,760 | | | | 308,863 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.58 | (b) | | 03/11/21 | | Open | | | 468,653 | | | | 468,811 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 03/11/21 | | Open | | | 348,155 | | | | 348,277 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.63 | (b) | | 03/11/21 | | Open | | | 395,774 | | | | 395,918 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/16/21 | | Open | | | 563,230 | | | | 563,371 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 03/16/21 | | Open | | | 510,372 | | | | 510,511 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/18/21 | | Open | | | 280,280 | | | | 280,341 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/19/21 | | Open | | | 1,202,307 | | | | 1,202,508 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.55 | (b) | | 03/19/21 | | Open | | | 322,575 | | | | 322,624 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.60 | (b) | | 03/19/21 | | Open | | | 650,677 | | | | 650,786 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 03/19/21 | | Open | | | 365,650 | | | | 365,726 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 03/23/21 | | Open | | | 284,525 | | | | 284,557 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/23/21 | | Open | | | 76,554 | | | | 76,564 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.80 | (b) | | 03/24/21 | | Open | | | 249,295 | | | | 249,339 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 03/24/21 | | Open | | | 367,000 | | | | 367,049 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.35 | (b) | | 03/25/21 | | Open | | | 3,060,000 | | | | 3,060,208 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | (0.08 | )(b) | | 03/25/21 | | Open | | | 3,825,000 | | | | 3,825,000 | | | U.S. Treasury Obligations | | Open/Demand |
BNP Paribas S.A | | | (0.04 | )(b) | | 03/25/21 | | Open | | | 2,707,500 | | | | 2,707,500 | | | U.S. Treasury Obligations | | Open/Demand |
BNP Paribas S.A | | | 0.75 | (b) | | 03/26/21 | | Open | | | 436,091 | | | | 436,146 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.50 | (b) | | 03/29/21 | | Open | | | 11,700 | | | | 11,700 | | | Capital Trusts | | Open/Demand |
Barclays Capital, Inc. | | | 0.60 | (b) | | 03/29/21 | | Open | | | 682,237 | | | | 682,260 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 03/29/21 | | Open | | | 1,143,577 | | | | 1,143,620 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 03/29/21 | | Open | | | 1,106,156 | | | | 1,106,198 | | | Corporate Bonds | | Open/Demand |
RBC Capital Markets LLC | | | 0.45 | (b) | | 03/29/21 | | Open | | | 927,300 | | | | 927,335 | | | Corporate Bonds | | Open/Demand |
Barclays Capital, Inc. | | | 0.70 | (b) | | 03/30/21 | | Open | | | 762,135 | | | | 762,150 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | (0.20 | )(b) | | 03/30/21 | | Open | | | 2,362,500 | | | | 2,362,500 | | | U.S. Treasury Obligations | | Open/Demand |
BNP Paribas S.A | | | (0.07 | )(b) | | 03/30/21 | | Open | | | 3,093,125 | | | | 3,093,125 | | | U.S. Treasury Obligations | | Open/Demand |
BNP Paribas S.A | | | 0.05 | | | 03/31/21 | | 04/01/21 | | | 7,920,000 | | | | 7,920,011 | | | U.S. Treasury Obligations | | Overnight |
BNP Paribas S.A | | | 0.58 | (b) | | 03/31/21 | | Open | | | 1,148,437 | | | | 1,148,456 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.65 | (b) | | 03/31/21 | | Open | | | 98,134 | | | | 98,136 | | | Corporate Bonds | | Open/Demand |
BNP Paribas S.A | | | 0.68 | (b) | | 03/31/21 | | Open | | | 1,390,244 | | | | 1,390,270 | | | Corporate Bonds | | Open/Demand |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | $ | 298,290,125 | | | $ | 298,868,515 | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| (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. | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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 | | | | | | | | | | | | | | | | |
10-Year U.S. Ultra Note | | | 107 | | | | 06/21/21 | | | $ | 15,375 | | | $ | (421,032 | ) |
| | | | | | | | | | | | | | | | |
Short Contracts | | | | | | | | | | | | | | | | |
Euro-BOBL | | | 1 | | | | 06/08/21 | | | | 158 | | | | 480 | |
10-Year U.S. Treasury Note | | | 296 | | | | 06/21/21 | | | | 38,758 | | | | 837,154 | |
Long U.S. Treasury Bond | | | 34 | | | | 06/21/21 | | | | 5,256 | | | | 208,516 | |
U.S. Ultra Bond | | | 49 | | | | 06/21/21 | | | | 8,880 | | | | 252,894 | |
2-Year U.S. Treasury Note | | | 295 | | | | 06/30/21 | | | | 65,114 | | | | 22,767 | |
5-Year U.S. Treasury Note | | | 200 | | | | 06/30/21 | | | | 24,680 | | | | 100,304 | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | 1,422,115 | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | $ | 1,001,083 | |
| | | | | | | | | | | | | | | | |
Forward Foreign Currency Exchange Contracts
| | | | | | | | | | | | | | | | | | | | |
Currency Purchased | | | Currency Sold | | | Counterparty | | Settlement Date | | | Unrealized Appreciation (Depreciation) | |
AUD | | | 5,830,000 | | | NZD | | | 6,309,846 | | | JPMorgan Chase Bank N.A. | | | 06/16/21 | | | $ | 23,488 | |
MXN | | | 96,640,557 | | | EUR | | | 3,770,000 | | | Barclays Bank PLC | | | 06/16/21 | | | | 263,874 | |
NZD | | | 6,464,323 | | | AUD | | | 5,930,000 | | | Bank of America N.A. | | | 06/16/21 | | | | 8,402 | |
NZD | | | 6,357,179 | | | AUD | | | 5,830,000 | | | JPMorgan Chase Bank N.A. | | | 06/16/21 | | | | 9,564 | |
USD | | | 50,873 | | | EUR | | | 43,000 | | | Bank of America N.A. | | | 06/16/21 | | | | 371 | |
USD | | | 83,409 | | | EUR | | | 70,000 | | | BNP Paribas S.A. | | | 06/16/21 | | | | 1,197 | |
USD | | | 97,233 | | | EUR | | | 81,000 | | | State Street Bank and Trust Co. | | | 06/16/21 | | | | 2,102 | |
USD | | | 110,463 | | | EUR | | | 94,000 | | | State Street Bank and Trust Co. | | | 06/16/21 | | | | 64 | |
USD | | | 976,637 | | | EUR | | | 818,000 | | | State Street Bank and Trust Co. | | | 06/16/21 | | | | 15,933 | |
USD | | | 8,743,100 | | | EUR | | | 7,323,000 | | | State Street Bank and Trust Co. | | | 06/16/21 | | | | 142,560 | |
USD | | | 1,359,549 | | | GBP | | | 973,000 | | | Bank of America N.A. | | | 06/16/21 | | | | 17,884 | |
USD | | | 1,270,197 | | | GBP | | | 909,000 | | | Morgan Stanley & Co. International PLC | | | 06/16/21 | | | | 16,780 | |
USD | | | 6,474,863 | | | GBP | | | 4,635,000 | | | Morgan Stanley & Co. International PLC | | | 06/16/21 | | | | 83,682 | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | 585,901 | |
| | | | | | | | | | | | | | | | | | | | |
AUD | | | 5,930,000 | | | NZD | | | 6,469,390 | | | JPMorgan Chase Bank N.A. | | | 06/16/21 | | | | (11,941 | ) |
EUR | | | 3,770,000 | | | MXN | | | 93,881,294 | | | Citibank N.A. | | | 06/16/21 | | | | (129,921 | ) |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | (141,862 | ) |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | $ | 444,039 | |
| | | | | | | | | | | | | | | | | | | | |
Exchange-Traded Options Purchased
| | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Exercise Price | | | Notional Amount (000) | | | Value | |
Call | | | | | | | | | | | | | | | | | | | |
10-Year U.S. Treasury Note | | | 45 | | | | 04/02/21 | | | USD | | | 132.50 | | | USD | | | 5,897 | | | $ | 703 | |
Put | | | | | | | | | | | | | | | | | | | |
10-Year U.S. Treasury Note | | | 108 | | | | 05/21/21 | | | USD | | | 131.00 | | | USD | | | 14,153 | | | | 109,687 | |
90-Day Euro Future | | | 159 | | | | 09/10/21 | | | USD | | | 99.62 | | | USD | | | 15,841 | | | | 32,794 | |
90-Day Euro Future | | | 159 | | | | 09/10/21 | | | USD | | | 99.50 | | | USD | | | 15,737 | | | | 217,631 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | 360,112 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | $ | 360,815 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | |
SCHEDULE OF INVESTMENTS | | 37 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) |
OTC Interest Rate Swaptions Purchased
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Paid by the Fund | | Received by the Fund | | Counterparty | | Expiration Date | | | Exercise Rate | | | Notional Amount (000) | | | Value | |
| Rate | | Frequency | | Rate | | | Frequency |
Call | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
1-Year Interest Rate Swap, 02/26/26 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.60 | % | | Semi-Annual | | Bank of America N.A. | | | 02/24/25 | | | | 1.60 | % | | | USD | | | | 15,740 | | | $ | 60,292 | |
1-Year Interest Rate Swap, 02/26/26 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.62 | % | | Semi-Annual | | Morgan Stanley & Co. International PLC | | | 02/24/25 | | | | 1.62 | | | | USD | | | | 31,400 | | | | 123,519 | |
1-Year Interest Rate Swap, 03/06/26 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.71 | % | | Semi-Annual | | Deutsche Bank AG | | | 03/04/25 | | | | 1.71 | | | | USD | | | | 29,100 | | | | 125,294 | |
10-Year Interest Rate Swap, 08/09/35 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.91 | % | | Semi-Annual | | Morgan Stanley & Co. International PLC | | | 08/07/25 | | | | 0.91 | | | | USD | | | | 2,050 | | | | 21,824 | |
10-Year Interest Rate Swap, 08/09/35 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.91 | % | | Semi-Annual | | Morgan Stanley & Co. International PLC | | | 08/07/25 | | | | 0.91 | | | | USD | | | | 1,370 | | | | 14,585 | |
10-Year Interest Rate Swap, 08/09/40 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.05 | % | | Semi-Annual | | Morgan Stanley & Co. International PLC | | | 08/07/30 | | | | 1.05 | | | | USD | | | | 1,510 | | | | 30,735 | |
10-Year Interest Rate Swap, 08/09/50 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.91 | % | | Semi-Annual | | Morgan Stanley & Co. International PLC | | | 08/07/40 | | | | 0.91 | | | | USD | | | | 1,160 | | | | 31,955 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 408,204 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | | | | | | | | |
10-Year Interest Rate Swap, 08/29/31 | | 1.20% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 08/27/21 | | | | 1.20 | | | | USD | | | | 60,410 | | | | 4,099,346 | |
1-Year Interest Rate Swap, 02/26/26 | | 1.60% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Bank of America N.A. | | | 02/24/25 | | | | 1.60 | | | | USD | | | | 15,740 | | | | 131,126 | |
1-Year Interest Rate Swap, 02/26/26 | | 1.62% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Morgan Stanley & Co. International PLC | | | 02/24/25 | | | | 1.62 | | | | USD | | | | 31,400 | | | | 257,242 | |
1-Year Interest Rate Swap, 03/06/26 | | 1.71% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 03/04/25 | | | | 1.71 | | | | USD | | | | 29,100 | | | | 226,476 | |
10-Year Interest Rate Swap, 08/09/35 | | 0.91% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Morgan Stanley & Co. International PLC | | | 08/07/25 | | | | 0.91 | | | | USD | | | | 1,370 | | | | 213,109 | |
10-Year Interest Rate Swap, 08/09/35 | | 0.91% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Morgan Stanley & Co. International PLC | | | 08/07/25 | | | | 0.91 | | | | USD | | | | 2,050 | | | | 318,885 | |
10-Year Interest Rate Swap, 08/09/40 | | 1.05% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Morgan Stanley & Co. International PLC | | | 08/07/30 | | | | 1.05 | | | | USD | | | | 1,510 | | | | 214,886 | |
10-Year Interest Rate Swap, 08/09/50 | | 0.91% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Morgan Stanley & Co. International PLC | | | 08/07/40 | | | | 0.91 | | | | USD | | | | 1,160 | | | | 132,588 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,593,658 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 6,001,862 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Exchange-Traded Options Written
| | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Exercise Price | | | Notional Amount (000) | | | Value | |
Call | | | | | | | | | | | | | | | | | | | |
10-Year U.S. Treasury Note. | | | 22 | | | | 05/21/21 | | | USD | | | 134.00 | | | USD | | | 2,883 | | | $ | (3,094 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | |
90-Day Euro Future | | | 159 | | | | 09/10/21 | | | USD | | | 99.38 | | | USD | | | 15,737 | | | | (175,894 | ) |
90-Day Euro Future | | | 159 | | | | 09/10/21 | | | USD | | | 99.75 | | | USD | | | 15,841 | | | | (57,637 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | (233,531 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | $ | (236,625 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
OTC Interest Rate Swaptions Written
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Paid by the Fund | | Received by the Fund | | Counterparty | | Expiration Date | | | Exercise Rate | | | Notional Amount (000) | | | Value | |
| Rate | | Frequency | | Rate | | | Frequency |
Call | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
10-Year Interest Rate Swap, 08/29/31 | | 0.60% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 08/27/21 | | | | 0.60 | % | | | USD | | | | 60,410 | | | $ | (21,908 | ) |
10-Year Interest Rate Swap, 10/02/31 | | 0.90% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Bank of America N.A. | | | 09/30/21 | | | | 0.90 | | | | USD | | | | 2,170 | | | | (2,565 | ) |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) |
OTC Interest Rate Swaptions Written (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Paid by the Fund | | Received by the Fund | | Counterparty | | Expiration Date | | | Exercise Rate | | | Notional Amount (000) | | | Value | |
| Rate | | Frequency | | Rate | | | Frequency |
Call (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
10-Year Interest Rate Swap, 01/22/32 | | 1.04% | | Semi-Annual | |
| 3-Month
LIBOR, 0.19 |
% | | Quarterly | | Bank of America N.A. | | | 01/20/22 | | | | 1.04 | % | | | USD | | | | 19,360 | | | $ | (63,658 | ) |
10-Year Interest Rate Swap, 01/29/32 | | 1.00% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 01/27/22 | | | | 1.00 | | | | USD | | | | 2,690 | | | | (8,294 | ) |
10-Year Interest Rate Swap, 01/29/32 | | 1.25% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Bank of America N.A. | | | 01/27/22 | | | | 1.25 | | | | USD | | | | 2,460 | | | | (13,465 | ) |
10-Year Interest Rate Swap, 02/20/32 | | 1.62% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Bank of America N.A. | | | 02/18/22 | | | | 1.62 | | | | USD | | | | 2,350 | | | | (30,950 | ) |
10-Year Interest Rate Swap, 02/24/32 | | 1.42% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Barclays Bank PLC | | | 02/22/22 | | | | 1.41 | | | | USD | | | | 9,940 | | | | (84,275 | ) |
2-Year Interest Rate Swap, 02/25/24 | | 0.41% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Goldman Sachs Bank USA | | | 02/23/22 | | | | 0.41 | | | | USD | | | | 40,050 | | | | (57,391 | ) |
2-Year Interest Rate Swap, 03/03/24 | | 0.51% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 03/01/22 | | | | 0.51 | | | | USD | | | | 23,990 | | | | (53,023 | ) |
2-Year Interest Rate Swap, 03/04/24 | | 0.49% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | JPMorgan Chase Bank N.A. | | | 03/02/22 | | | | 0.49 | | | | USD | | | | 36,010 | | | | (72,503 | ) |
2-Year Interest Rate Swap, 03/05/24 | | 0.52% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Citibank N.A. | | | 03/03/22 | | | | 0.52 | | | | USD | | | | 12,275 | | | | (27,952 | ) |
2-Year Interest Rate Swap, 03/23/24 | | 0.56% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 03/21/22 | | | | 0.56 | | | | USD | | | | 12,275 | | | | (32,328 | ) |
2-Year Interest Rate Swap, 03/25/24 | | 0.57% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 03/23/22 | | | | 0.57 | | | | USD | | | | 23,990 | | | | (64,493 | ) |
10-Year Interest Rate Swap, 08/10/32 | | 0.72% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 08/08/22 | | | | 0.72 | | | | USD | | | | 1,060 | | | | (3,166 | ) |
10-Year Interest Rate Swap, 10/13/32 | | 1.06% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Deutsche Bank AG | | | 10/11/22 | | | | 1.06 | | | | USD | | | | 1,875 | | | | (11,461 | ) |
10-Year Interest Rate Swap, 12/17/32 | | 1.23% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Barclays Bank PLC | | | 12/15/22 | | | | 1.23 | | | | USD | | | | 3,485 | | | | (29,701 | ) |
10-Year Interest Rate Swap, 12/18/32 | | 1.23% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Goldman Sachs Bank USA | | | 12/16/22 | | | | 1.23 | | | | USD | | | | 1,742 | | | | (15,044 | ) |
10-Year Interest Rate Swap, 12/18/32 | | 1.25% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Goldman Sachs Bank USA | | | 12/16/22 | | | | 1.25 | | | | USD | | | | 1,743 | | | | (15,353 | ) |
10-Year Interest Rate Swap, 01/01/32 | | 1.25% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Citibank N.A. | | | 12/30/22 | | | | 1.25 | | | | USD | | | | 1,930 | | | | (17,443 | ) |
10-Year Interest Rate Swap, 01/11/33 | | 1.44% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Barclays Bank PLC | | | 01/09/23 | | | | 1.44 | | | | USD | | | | 3,520 | | | | (43,023 | ) |
10-Year Interest Rate Swap, 01/14/33 | | 1.57% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | JPMorgan Chase Bank N.A. | | | 01/12/23 | | | | 1.57 | | | | USD | | | | 1,820 | | | | (27,295 | ) |
10-Year Interest Rate Swap, 03/03/33 | | 2.01% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Bank of America N.A. | | | 03/01/23 | | | | 2.01 | | | | USD | | | | 3,660 | | | | (104,989 | ) |
10-Year Interest Rate Swap, 03/04/33 | | 1.98% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | JPMorgan Chase Bank N.A. | | | 03/02/23 | | | | 1.97 | | | | USD | | | | 1,850 | | | | (50,531 | ) |
10-Year Interest Rate Swap, 03/04/33 | | 1.98% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | BNP Paribas S.A. | | | 03/02/23 | | | | 1.98 | | | | USD | | | | 1,850 | | | | (51,013 | ) |
10-Year Interest Rate Swap, 03/05/33 | | 2.03% | | Semi-Annual | |
| 3-Month LIBOR, 0.19 | % | | Quarterly | | Barclays Bank PLC | | | 03/03/23 | | | | 2.02 | | | | USD | | | | 925 | | | | (27,021 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (928,845 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | | | | | | | | |
2-Year Interest Rate Swap, 08/11/23 | | 6-Month EURIBOR, (0.51%) | | Semi-Annual | | | (0.25 | %) | | Annual | | Barclays Bank PLC | | | 08/09/21 | | | | (0.25 | ) | | | EUR | | | | 68,730 | | | | (5,690 | ) |
5-Year Interest Rate Swap, 09/05/26 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.60 | % | | Semi-Annual | | Deutsche Bank AG | | | 09/03/21 | | | | 0.60 | | | | USD | | | | 6,900 | | | | (217,012 | ) |
10-Year Interest Rate Swap, 10/02/31 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.45 | % | | Semi-Annual | | Bank of America N.A. | | | 09/30/21 | | | | 1.45 | | | | USD | | | | 4,340 | | | | (209,197 | ) |
10-Year Interest Rate Swap, 01/22/32 | | 3-Month LIBOR, 0.19%, 0.19% | | Quarterly | | | 1.54 | % | | Semi-Annual | | Bank of America N.A. | | | 01/20/22 | | | | 1.54 | | | | USD | | | | 19,360 | | | | (992,579 | ) |
10-Year Interest Rate Swap, 01/29/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.25 | % | | Semi-Annual | | Bank of America N.A. | | | 01/27/22 | | | | 1.25 | | | | USD | | | | 2,460 | | | | (181,232 | ) |
| | |
SCHEDULE OF INVESTMENTS | | 39 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) |
OTC Interest Rate Swaptions Written (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Paid by the Fund | | Received by the Fund | | Counterparty | | Expiration Date | | | Exercise Rate | | | Notional Amount (000) | | | Value | |
| Rate | | Frequency | | Rate | | | Frequency |
Put (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
10-Year Interest Rate Swap, 01/29/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.50 | % | | Semi-Annual | | Deutsche Bank AG | | | 01/27/22 | | | | 1.50 | % | | | USD | | | | 2,690 | | | $ | (146,571 | ) |
10-Year Interest Rate Swap, 02/09/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.68 | % | | Semi-Annual | | Deutsche Bank AG | | | 02/07/22 | | | | 0.68 | | | | USD | | | | 7,000 | | | | (861,878 | ) |
10-Year Interest Rate Swap, 02/20/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.62 | % | | Semi-Annual | | Bank of America N.A. | | | 02/18/22 | | | | 1.62 | | | | USD | | | | 2,350 | | | | (113,196 | ) |
10-Year Interest Rate Swap, 02/24/32 | | 3-Month LIBOR, 0.19%, 0.19% | | Quarterly | | | 1.92 | % | | Semi-Annual | | Barclays Bank PLC | | | 02/22/22 | | | | 1.91 | | | | USD | | | | 9,940 | | | | (314,427 | ) |
2-Year Interest Rate Swap, 02/27/24 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.75 | % | | Semi-Annual | | Deutsche Bank AG | | | 02/25/22 | | | | 0.75 | | | | USD | | | | 40,050 | | | | (94,751 | ) |
2-Year Interest Rate Swap, 03/03/24 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.51 | % | | Semi-Annual | | Deutsche Bank AG | | | 03/01/22 | | | | 0.51 | | | | USD | | | | 23,990 | | | | (105,965 | ) |
2-Year Interest Rate Swap, 03/04/24 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.49 | % | | Semi-Annual | | JPMorgan Chase Bank N.A. | | | 03/02/22 | | | | 0.49 | | | | USD | | | | 36,010 | | | | (168,643 | ) |
2-Year Interest Rate Swap, 03/05/24 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.52 | % | | Semi-Annual | | Citibank N.A. | | | 03/03/22 | | | | 0.52 | | | | USD | | | | 12,275 | | | | (53,603 | ) |
2-Year Interest Rate Swap, 03/23/24 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.56 | % | | Semi-Annual | | Deutsche Bank AG | | | 03/21/22 | | | | 0.56 | | | | USD | | | | 12,275 | | | | (53,326 | ) |
2-Year Interest Rate Swap, 03/25/24 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.57 | % | | Semi-Annual | | Deutsche Bank AG | | | 03/23/22 | | | | 0.57 | | | | USD | | | | 23,990 | | | | (103,311 | ) |
10-Year Interest Rate Swap, 08/10/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 0.72 | % | | Semi-Annual | | Deutsche Bank AG | | | 08/08/22 | | | | 0.72 | | | | USD | | | | 1,060 | | | | (139,998 | ) |
10-Year Interest Rate Swap, 10/13/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.06 | % | | Semi-Annual | | Deutsche Bank AG | | | 10/11/22 | | | | 1.06 | | | | USD | | | | 1,875 | | | | (200,218 | ) |
10-Year Interest Rate Swap, 12/17/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.23 | % | | Semi-Annual | | Barclays Bank PLC | | | 12/15/22 | | | | 1.23 | | | | USD | | | | 3,485 | | | | (342,317 | ) |
10-Year Interest Rate Swap, 12/18/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.23 | % | | Semi-Annual | | Goldman Sachs Bank USA | | | 12/16/22 | | | | 1.23 | | | | USD | | | | 1,742 | | | | (170,192 | ) |
10-Year Interest Rate Swap, 12/18/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.25 | % | | Semi-Annual | | Goldman Sachs Bank USA | | | 12/16/22 | | | | 1.25 | | | | USD | | | | 1,743 | | | | (168,505 | ) |
10-Year Interest Rate Swap, 01/01/32 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.25 | % | | Semi-Annual | | Citibank N.A. | | | 12/30/22 | | | | 1.25 | | | | USD | | | | 1,930 | | | | (187,025 | ) |
10-Year Interest Rate Swap, 01/11/33 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.44 | % | | Semi-Annual | | Barclays Bank PLC | | | 01/09/23 | | | | 1.44 | | | | USD | | | | 3,520 | | | | (294,454 | ) |
10-Year Interest Rate Swap, 01/14/33 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.57 | % | | Semi-Annual | | JPMorgan Chase Bank N.A. | | | 01/12/23 | | | | 1.57 | | | | USD | | | | 1,820 | | | | (135,953 | ) |
10-Year Interest Rate Swap, 03/03/33 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 2.01 | % | | Semi-Annual | | Bank of America N.A. | | | 03/01/23 | | | | 2.01 | | | | USD | | | | 3,660 | | | | (185,467 | ) |
10-Year Interest Rate Swap, 03/04/33 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.98 | % | | Semi-Annual | | JPMorgan Chase Bank N.A. | | | 03/02/23 | | | | 1.97 | | | | USD | | | | 1,850 | | | | (97,455 | ) |
10-Year Interest Rate Swap, 03/04/33 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 1.98 | % | | Semi-Annual | | BNP Paribas S.A. | | | 03/02/23 | | | | 1.98 | | | | USD | | | | 1,850 | | | | (96,756 | ) |
10-Year Interest Rate Swap, 03/05/33 | | 3-Month LIBOR, 0.19% | | Quarterly | | | 2.03 | % | | Semi-Annual | | Barclays Bank PLC | | | 03/03/23 | | | | 2.02 | | | | USD | | | | 925 | | | | (46,304 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (5,686,025 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | (6,614,870 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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.35.V1 | | | 5.00 | % | | | Quarterly | | | | 12/20/25 | | | | USD 1,895 | | | $ | (175,104 | ) | | $ | (165,103 | ) | | $ | (10,001 | ) |
CDX.NA.HY.36.V1 | | | 5.00 | | | | Quarterly | | | | 06/20/26 | | | | USD 4,240 | | | | (384,046 | ) | | | (360,720 | ) | | | (23,326 | ) |
CDX.NA.IG.36.V1. | | | 1.00 | | | | Quarterly | | | | 06/20/26 | | | | USD 34,830 | | | | (823,930 | ) | | | (753,543 | ) | | | (70,387 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | $ | (1,383,080 | ) | | $ | (1,279,366 | ) | | $ | (103,714 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) |
Centrally Cleared Interest Rate Swaps
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Paid by the Fund | | Received by the Fund | | Effective Date | | | Termination Date | | | Notional Amount (000) | | | Value | | | Upfront Premium Paid (Received) | | | Unrealized Appreciation (Depreciation) | |
Rates | | Frequency | | Rate | | Frequency |
0.35% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 10/01/25 | | | USD | | | 1,220 | | | $ | 29,571 | | | $ | 10 | | | $ | 29,561 | |
3-Month LIBOR, 0.19% | | Quarterly | | 0.45% | | Semi-Annual | | | N/A | | | | 11/12/25 | | | USD | | | 7,030 | | | | (148,976 | ) | | | 65 | | | | (149,041 | ) |
0.56% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/12/26 | | | USD | | | 545 | | | | 10,770 | | | | 5 | | | | 10,765 | |
3-Month LIBOR, 0.19% | | Quarterly | | 0.48% | | Semi-Annual | | | N/A | | | | 01/21/26 | | | USD | | | 5,220 | | | | (125,560 | ) | | | 46 | | | | (125,606 | ) |
1.54% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 02/25/25 | (a) | | | 02/25/26 | | | USD | | | 9,080 | | | | 46,040 | | | | 16 | | | | 46,024 | |
1.62% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 02/26/25 | (a) | | | 02/26/26 | | | USD | | | 7,120 | | | | 30,322 | | | | 13 | | | | 30,309 | |
1.71% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 03/06/25 | (a) | | | 03/06/26 | | | USD | | | 2,590 | | | | 9,006 | | | | 5 | | | | 9,001 | |
1.35% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 03/22/22 | (a) | | | 03/22/27 | | | USD | | | 1,544 | | | | 8,782 | | | | 14 | | | | 8,768 | |
3-Month LIBOR, 0.19% | | Quarterly | | 1.37% | | Semi-Annual | | | 03/22/22 | (a) | | | 03/22/27 | | | USD | | | 2,643 | | | | (12,518 | ) | | | 24 | | | | (12,542 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.33% | | Semi-Annual | | | 03/29/22 | (a) | | | 03/29/27 | | | USD | | | 1,115 | | | | (7,518 | ) | | | 10 | | | | (7,528 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.40% | | Semi-Annual | | | 03/30/22 | (a) | | | 03/30/27 | | | USD | | | 1,099 | | | | (4,125 | ) | | | 10 | | | | (4,135 | ) |
0.50% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 08/19/27 | | | USD | | | 80 | | | | 4,105 | | | | 1 | | | | 4,104 | |
0.84% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 03/31/21 | (a) | | | 11/15/27 | | | USD | | | 5,460 | | | | 184,998 | | | | 70 | | | | 184,928 | |
1.27% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 06/30/21 | (a) | | | 02/15/28 | | | USD | | | 5,390 | | | | 64,870 | | | | 69 | | | | 64,801 | |
3-Month LIBOR, 0.19% | | Quarterly | | 1.57% | | Semi-Annual | | | N/A | | | | 02/11/30 | | | USD | | | 5 | | | | (29 | ) | | | 188 | | | | (217 | ) |
0.80% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 10/08/30 | | | USD | | | 1,520 | | | | 122,939 | | | | 24 | | | | 122,915 | |
0.53% | | Quarterly | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 10/21/30 | | | USD | | | 25 | | | | 2,155 | | | | — | | | | 2,155 | |
3-Month LIBOR, 0.19% | | Quarterly | | 0.56% | | Quarterly | | | N/A | | | | 10/21/30 | | | USD | | | 25 | | | | (2,211 | ) | | | — | | | | (2,211 | ) |
0.90% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 10/27/30 | | | USD | | | 890 | | | | 64,327 | | | | 14 | | | | 64,313 | |
0.90% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 10/27/30 | | | USD | | | 890 | | | | 64,496 | | | | 14 | | | | 64,482 | |
0.88% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 11/04/30 | | | USD | | | 680 | | | | 50,333 | | | | 11 | | | | 50,322 | |
0.90% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 11/05/30 | | | USD | | | 1,720 | | | | 125,054 | | | | 28 | | | | 125,026 | |
0.95% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 11/12/30 | | | USD | | | 1,350 | | | | 92,139 | | | | 22 | | | | 92,117 | |
0.96% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 11/12/30 | | | USD | | | 2,260 | | | | 152,851 | | | | 37 | | | | 152,814 | |
1.78% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 06/30/21 | (a) | | | 11/15/30 | | | USD | | | 4,110 | | | | 274 | | | | 66 | | | | 208 | |
0.93% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 11/16/30 | | | USD | | | 480 | | | | 33,615 | | | | 8 | | | | 33,607 | |
0.95% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 12/04/30 | | | USD | | | 890 | | | | 61,874 | | | | 14 | | | | 61,860 | |
0.98% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 12/08/30 | | | USD | | | 480 | | | | 32,018 | | | | 8 | | | | 32,010 | |
0.96% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 12/11/30 | | | USD | | | 1,100 | | | | 75,730 | | | | 18 | | | | 75,712 | |
0.97% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 12/29/30 | | | USD | | | 830 | | | | 57,446 | | | | 13 | | | | 57,433 | |
1.02% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/08/31 | | | USD | | | 1,230 | | | | 81,221 | | | | 20 | | | | 81,201 | |
1.04% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/08/31 | | | USD | | | 1,220 | | | | 78,361 | | | | 19 | | | | 78,342 | |
1.09% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/11/31 | | | USD | | | 1,230 | | | | 73,522 | | | | 20 | | | | 73,502 | |
1.09% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/12/31 | | | USD | | | 1,240 | | | | 73,439 | | | | 20 | | | | 73,419 | |
1.13% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/13/31 | | | USD | | | 1,250 | | | | 70,032 | | | | 20 | | | | 70,012 | |
1.15% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/13/31 | | | USD | | | 623 | | | | 33,607 | | | | 10 | | | | 33,597 | |
1.19% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/14/31 | | | USD | | | 1,240 | | | | 62,291 | | | | 20 | | | | 62,271 | |
1.19% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 01/14/31 | | | USD | | | 620 | | | | 31,234 | | | | 10 | | | | 31,224 | |
(0.21%) | | Annual | | 6-Month EURIBOR, (0.51%) | | Semi-Annual | | | N/A | | | | 01/28/31 | | | EUR | | | 1,290 | | | | 39,510 | | | | (670 | ) | | | 40,180 | |
1.16% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/04/31 | | | USD | | | 500 | | | | 26,813 | | | | 8 | | | | 26,805 | |
1.17% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/04/31 | | | USD | | | 1,240 | | | | 66,155 | | | | 20 | | | | 66,135 | |
1.18% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/04/31 | | | USD | | | 1,080 | | | | 56,698 | | | | 17 | | | | 56,681 | |
1.19% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/05/31 | | | USD | | | 625 | | | | 31,817 | | | | 10 | | | | 31,807 | |
1.19% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/05/31 | | | USD | | | 385 | | | | 19,635 | | | | 6 | | | | 19,629 | |
1.23% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/08/31 | | | USD | | | 1,250 | | | | 59,679 | | | | 20 | | | | 59,659 | |
1.26% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/09/31 | | | USD | | | 790 | | | | 35,714 | | | | 13 | | | | 35,701 | |
1.39% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/18/31 | | | USD | | | 630 | | | | 20,669 | | | | 10 | | | | 20,659 | |
1.41% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/18/31 | | | USD | | | 630 | | | | 19,625 | | | | 10 | | | | 19,615 | |
1.51% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 02/26/31 | | | USD | | | 1,270 | | | | 28,567 | | | | 20 | | | | 28,547 | |
1.54% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/01/31 | | | USD | | | 830 | | | | 16,706 | | | | 13 | | | | 16,693 | |
1.59% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/01/31 | | | USD | | | 1,270 | | | | 18,769 | | | | 20 | | | | 18,749 | |
1.57% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/08/31 | | | USD | | | 1,280 | | | | 21,987 | | | | 21 | | | | 21,966 | |
1.64% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/08/31 | | | USD | | | 635 | | | | 6,970 | | | | 10 | | | | 6,960 | |
1.65% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/08/31 | | | USD | | | 635 | | | | 6,399 | | | | 10 | | | | 6,389 | |
1.68% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/09/31 | | | USD | | | 640 | | | | 4,311 | | | | 10 | | | | 4,301 | |
1.69% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/09/31 | | | USD | | | 640 | | | | 4,069 | | | | 10 | | | | 4,059 | |
1.70% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/09/31 | | | USD | | | 1,280 | | | | 6,079 | | | | 21 | | | | 6,058 | |
1.58% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/12/31 | | | USD | | | 440 | | | | 7,302 | | | | 7 | | | | 7,295 | |
1.66% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/16/31 | | | USD | | | 635 | | | | 5,771 | | | | 10 | | | | 5,761 | |
1.68% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/19/31 | | | USD | | | 635 | | | | 4,857 | | | | 10 | | | | 4,847 | |
1.76% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/22/31 | | | USD | | | 635 | | | | 171 | | | | 10 | | | | 161 | |
| | |
SCHEDULE OF INVESTMENTS | | 41 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) |
Centrally Cleared Interest Rate Swaps (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Paid by the Fund | | Received by the Fund | | Effective Date | | | Termination Date | | | Notional Amount (000) | | | Value | | | Upfront Premium Paid (Received) | | | Unrealized Appreciation (Depreciation) | |
Rates | | Frequency | | Rate | | Frequency |
1.77% | | Semi Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/22/31 | | | USD | | | 635 | | | $ | (730 | ) | | $ | 10 | | | $ | (740 | ) |
1.78% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/22/31 | | | USD | | | 635 | | | | (851 | ) | | | 10 | | | | (861 | ) |
1.73% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/24/31 | | | USD | | | 630 | | | | 1,715 | | | | 10 | | | | 1,705 | |
1.67% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 03/26/31 | | | USD | | | 270 | | | | 2,303 | | | | 4 | | | | 2,299 | |
3-Month LIBOR, 0.19% | | Quarterly | | 1.71% | | Semi-Annual | | | N/A | | | | 03/31/31 | | | USD | | | 270 | | | | (1,392 | ) | | | 4 | | | | (1,396 | ) |
1.80% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 04/01/31 | | | USD | | | 640 | | | | (2,055 | ) | | | 10 | | | | (2,065 | ) |
1.81% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 04/01/31 | | | USD | | | 960 | | | | (3,308 | ) | | | 16 | | | | (3,324 | ) |
1.78% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 04/06/31 | | | USD | | | 640 | | | | (691 | ) | | | 10 | | | | (701 | ) |
1.78% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 04/06/31 | | | USD | | | 1,205 | | | | (1,147 | ) | | | 20 | | | | (1,167 | ) |
1.79% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 04/06/31 | | | USD | | | 1,205 | | | | (2,169 | ) | | | 574 | | | | (2,743 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.19% | | Semi-Annual | | | 07/23/21 | (a) | | | 07/23/31 | | | USD | | | 860 | | | | (52,924 | ) | | | 14 | | | | (52,938 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.19% | | Semi-Annual | | | 07/27/21 | (a) | | | 07/27/31 | | | USD | | | 580 | | | | (35,941 | ) | | | 9 | | | | (35,950 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.15% | | Semi-Annual | | | 07/28/21 | (a) | | | 07/28/31 | | | USD | | | 645 | | | | (42,536 | ) | | | 10 | | | | (42,546 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.17% | | Semi-Annual | | | 07/28/21 | (a) | | | 07/28/31 | | | USD | | | 645 | | | | (41,414 | ) | | | 10 | | | | (41,424 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.18% | | Semi-Annual | | | 07/28/21 | (a) | | | 07/28/31 | | | USD | | | 920 | | | | (58,076 | ) | | | 15 | | | | (58,091 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.22% | | Semi-Annual | | | 08/03/21 | (a) | | | 08/03/31 | | | USD | | | 230 | | | | (13,638 | ) | | | 4 | | | | (13,642 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.58% | | Semi-Annual | | | 08/25/21 | (a) | | | 08/25/31 | | | USD | | | 31,910 | | | | (869,297 | ) | | | 516 | | | | (869,813 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.28% | | Semi-Annual | | | 01/21/22 | (a) | | | 01/21/32 | | | USD | | | 480 | | | | (30,910 | ) | | | 8 | | | | (30,918 | ) |
0.80% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 02/08/22 | (a) | | | 02/08/32 | | | USD | | | 1,310 | | | | 144,799 | | | | 21 | | | | 144,778 | |
0.83% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 08/15/22 | (a) | | | 08/15/32 | | | USD | | | 16,030 | | | | 1,905,966 | | | | 49,365 | | | | 1,856,601 | |
0.84% | | Quarterly | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 10/21/40 | | | USD | | | 11 | | | | 1,794 | | | | — | | | | 1,794 | |
3-Month LIBOR, 0.19% | | Quarterly | | 0.91% | | Quarterly | | | N/A | | | | 10/21/40 | | | USD | | | 11 | | | | (1,778 | ) | | | — | | | | (1,778 | ) |
1.89% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 06/30/21 | (a) | | | 02/15/47 | | | USD | | | 1,640 | | | | 106,854 | | | | (1,869 | ) | | | 108,723 | |
2.00% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 06/30/21 | (a) | | | 02/15/47 | | | USD | | | 1,630 | | | | 68,335 | | | | 45 | | | | 68,290 | |
2.02% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 06/30/21 | (a) | | | 02/15/47 | | | USD | | | 1,740 | | | | 65,531 | | | | 48 | | | | 65,483 | |
2.07% | | Semi-Annual | | 3-Month LIBOR, 0.19% | | Quarterly | | | 06/30/21 | (a) | | | 02/15/47 | | | USD | | | 1,740 | | | | 47,801 | | | | 48 | | | | 47,753 | |
3-Month LIBOR, 0.19% | | Quarterly | | 2.11% | | Semi-Annual | | | 06/30/21 | (a) | | | 02/15/47 | | | USD | | | 1,860 | | | | (35,835 | ) | | | 52 | | | | (35,887 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 0.99% | | Semi-Annual | | | N/A | | | | 08/21/50 | | | USD | | | 155 | | | | (42,034 | ) | | | 5 | | | | (42,039 | ) |
3-Month LIBOR, 0.19% | | Quarterly | | 1.00% | | Semi-Annual | | | N/A | | | | 08/21/50 | | | USD | | | 155 | | | | (41,661 | ) | | | 5 | | | | (41,666 | ) |
0.91% | | Quarterly | | 3-Month LIBOR, 0.19% | | Quarterly | | | N/A | | | | 10/21/50 | | | USD | | | 12 | | | | 2,814 | | | | — | | | | 2,814 | |
3-Month LIBOR, 0.19% | | Quarterly | | 0.99% | | Quarterly | | | N/A | | | | 10/21/50 | | | USD | | | 12 | | | | (2,738 | ) | | | — | | | | (2,738 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | $ | 3,101,545 | | | $ | 49,552 | | | $ | 3,051,993 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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) | |
AVGO | | | 1.00 | % | | | Quarterly | | | Citibank N.A. | | | 06/20/24 | | | BBB- | | | USD | | | | 1,185 | | | $ | 17,426 | | | $ | (59,281 | ) | | $ | 76,707 | |
Adler Real Estate AG | | | 5.00 | | | | Quarterly | | | Morgan Stanley & Co. International PLC | | | 12/20/25 | | | BB+ | | | EUR | | | | 60 | | | | 1,698 | | | | 1,626 | | | | 72 | |
Virgin Media Finance PLC | | | 5.00 | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 12/20/25 | | | B | | | EUR | | | | 70 | | | | 1,340 | | | | 1,255 | | | | 85 | |
International Game Technology PLC | | | 5.00 | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 06/20/26 | | | BB | | | EUR | | | | 30 | | | | 1,113 | | | | 1,111 | | | | 2 | |
CMBX.NA.8 | | | 3.00 | | | | Monthly | | | Barclays Bank PLC | | | 10/17/57 | | | NR | | | USD | | | | 5,000 | | | | (779,679 | ) | | | (493,542 | ) | | | (286,137 | ) |
CMBX.NA.8 | | | 3.00 | | | | Monthly | | | Credit Suisse International | | | 10/17/57 | | | NR | | | USD | | | | 2,500 | | | | (389,840 | ) | | | (244,136 | ) | | | (145,704 | ) |
| | | | | | | | | | Morgan Stanley & Co. | | | | | | | | | | | | | | | | | | | | | | | | | | |
CMBX.NA.8 | | | 3.00 | | | | Monthly | | | International PLC | | | 10/17/57 | | | NR | | | USD | | | | 4,450 | | | | (693,915 | ) | | | (576,247 | ) | | | (117,668 | ) |
| | | | | | | | | | Morgan Stanley & Co. | | | | | | | | | | | | | | | | | | | | | | | | | | |
CMBX.NA.9 | | | 3.00 | | | | Monthly | | | International PLC | | | 09/17/58 | | | NR | | | USD | | | | 1,528 | | | | (167,795 | ) | | | (170,109 | ) | | | 2,314 | |
CMBX.NA.9 | | | 3.00 | | | | Monthly | | | Credit Suisse International | | | 09/17/58 | | | NR | | | USD | | | | 5,000 | | | | (548,649 | ) | | | (529,099 | ) | | | (19,550 | ) |
CMBX.NA.9 | | | 3.00 | | | | Monthly | | | Credit Suisse International | | | 09/17/58 | | | NR | | | USD | | | | 5,000 | | | | (548,649 | ) | | | (529,099 | ) | | | (19,550 | ) |
CMBX.NA.9 | | | 3.00 | | | | Monthly | | | Credit Suisse International | | | 09/17/58 | | | NR | | | USD | | | | 5,000 | | | | (548,649 | ) | | | (523,320 | ) | | | (25,329 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | $ | (3,655,599 | ) | | $ | (3,120,841 | ) | | $ | (534,758 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (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. | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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); and |
| • | | 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 table summarizes the Fund’s investments categorized in the fair value 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 | | $ | — | | | $ | 26,271,577 | | | $ | 715,673 | | | $ | 26,987,250 | |
Common Stocks | | | | | | | | | | | | | | | | |
Construction & Engineering | | | 38,270 | | | | — | | | | — | | | | 38,270 | |
Consumer Finance | | | 16,533 | | | | — | | | | — | | | | 16,533 | |
Diversified Financial Services | | | — | | | | — | | | | 5,467 | | | | 5,467 | |
Energy Equipment & Services | | | — | | | | — | | | | 1,583 | | | | 1,583 | |
Household Durables | | | — | | | | — | | | | — | | | | — | |
Media | | | 70,040 | | | | — | | | | — | | | | 70,040 | |
Metals & Mining | | | — | | | | 17,622 | | | | 344 | | | | 17,966 | |
Oil, Gas & Consumable Fuels | | | 16,842 | | | | 154,929 | | | | — | | | | 171,771 | |
Software | | | 533 | | | | — | | | | — | | | | 533 | |
Specialty Retail | | | — | | | | 93,765 | | | | — | | | | 93,765 | |
Corporate Bonds | | | | | | | | | | | | |
Aerospace & Defense | | | — | | | | 13,769,914 | | | | — | | | | 13,769,914 | |
Air Freight & Logistics | | | — | | | | 18,878 | | | | — | | | | 18,878 | |
Airlines | | | — | | | | 11,882,317 | | | | — | | | | 11,882,317 | |
Auto Components | | | — | | | | 6,061,200 | | | | — | | | | 6,061,200 | |
Automobiles | | | — | | | | 10,382,462 | | | | — | | | | 10,382,462 | |
Banks | | | — | | | | 11,161,131 | | | | — | | | | 11,161,131 | |
Beverages | | | — | | | | 8,591,321 | | | | — | | | | 8,591,321 | |
Biotechnology | | | — | | | | 74,290 | | | | — | | | | 74,290 | |
Building Materials | | | — | | | | 4,955,820 | | | | — | | | | 4,955,820 | |
Building Products | | | — | | | | 2,654,692 | | | | — | | | | 2,654,692 | |
Capital Markets | | | — | | | | 5,485,300 | | | | — | | | | 5,485,300 | |
Chemicals | | | — | | | | 6,993,289 | | | | — | | | | 6,993,289 | |
Commercial Services & Supplies | | | — | | | | 3,920,111 | | | | — | | | | 3,920,111 | |
Communications Equipment | | | — | | | | 4,254,551 | | | | — | | | | 4,254,551 | |
Construction & Engineering | | | — | | | | 1,168,415 | | | | — | | | | 1,168,415 | |
Construction Materials | | | — | | | | 5,149,964 | | | | — | | | | 5,149,964 | |
Consumer Discretionary | | | — | | | | 5,349,015 | | | | — | | | | 5,349,015 | |
Consumer Finance | | | — | | | | 5,889,765 | | | | — | | | | 5,889,765 | |
| | |
SCHEDULE OF INVESTMENTS | | 43 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) |
Fair Value Hierarchy as of Period End (continued)
| | | | | | | | | | | | | | | | |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Corporate Bonds (continued) | | | | | | | | | | | | | | | | |
Containers & Packaging | | $ | — | | | $ | 2,559,630 | | | $ | — | | | $ | 2,559,630 | |
Diversified Consumer Services. | | | — | | | | 5,886,222 | | | | — | | | | 5,886,222 | |
Diversified Financial Services | | | — | | | | 15,263,735 | | | | — | | | | 15,263,735 | |
Diversified Telecommunication Services | | | — | | | | 17,243,241 | | | | — | | | | 17,243,241 | |
Education | | | — | | | | 207,438 | | | | — | | | | 207,438 | |
Electric Utilities | | | — | | | | 4,210,146 | | | | — | | | | 4,210,146 | |
Electrical Equipment | | | — | | | | 505,740 | | | | — | | | | 505,740 | |
Electronic Equipment, Instruments & Components | | | — | | | | 1,658,752 | | | | — | | | | 1,658,752 | |
Energy Equipment & Services | | | — | | | | 2,451,558 | | | | 187,916 | | | | 2,639,474 | |
Environmental, Maintenance, & Security Service | | | — | | | | 3,172,217 | | | | — | | | | 3,172,217 | |
Equity Real Estate Investment Trusts (REITs) | | | — | | | | 9,297,240 | | | | — | | | | 9,297,240 | |
Food & Staples Retailing | | | — | | | | 9,236,966 | | | | — | | | | 9,236,966 | |
Food Products | | | — | | | | 4,004,369 | | | | — | | | | 4,004,369 | |
Gas Utilities | | | — | | | | 134,357 | | | | — | | | | 134,357 | |
Health Care Equipment & Supplies | | | — | | | | 3,087,445 | | | | — | | | | 3,087,445 | |
Health Care Providers & Services | | | — | | | | 23,067,052 | | | | — | | | | 23,067,052 | |
Health Care Technology | | | — | | | | 3,728,031 | | | | — | | | | 3,728,031 | |
Hotels, Restaurants & Leisure | | | 20,007 | | | | 28,474,043 | | | | — | | | | 28,494,050 | |
Household Durables | | | — | | | | 3,335,782 | | | | — | | | | 3,335,782 | |
Household Products | | | — | | | | 72,000 | | | | — | | | | 72,000 | |
Independent Power and Renewable Electricity Producers | | | — | | | | 7,231,352 | | | | — | | | | 7,231,352 | |
Insurance | | | — | | | | 13,938,451 | | | | — | | | | 13,938,451 | |
Interactive Media & Services | | | — | | | | 4,266,567 | | | | — | | | | 4,266,567 | |
Internet Software & Services | | | — | | | | 5,198,637 | | | | — | | | | 5,198,637 | |
IT Services | | | — | | | | 7,642,720 | | | | — | | | | 7,642,720 | |
Leisure Products | | | — | | | | 913,458 | | | | — | | | | 913,458 | |
Machinery | | | — | | | | 4,543,345 | | | | — | | | | 4,543,345 | |
Media | | | — | | | | 51,771,714 | | | | — | | | | 51,771,714 | |
Metals & Mining | | | — | | | | 10,978,916 | | | | — | | | | 10,978,916 | |
Multi-line Retail | | | — | | | | 722,090 | | | | — | | | | 722,090 | |
Offshore Drilling & Other Services | | | — | | | | 752,447 | | | | — | | | | 752,447 | |
Oil, Gas & Consumable Fuels | | | 112,893 | | | | 53,025,397 | | | | 1,369,280 | | | | 54,507,570 | |
Personal Products | | | — | | | | 233,925 | | | | — | | | | 233,925 | |
Pharmaceuticals | | | — | | | | 10,289,902 | | | | — | | | | 10,289,902 | |
Real Estate Management & Development | | | — | | | | 25,852,096 | | | | — | | | | 25,852,096 | |
Road & Rail | | | — | | | | 1,925,313 | | | | — | | | | 1,925,313 | |
Semiconductors & Semiconductor Equipment | | | — | | | | 9,801,818 | | | | — | | | | 9,801,818 | |
Software | | | — | | | | 12,728,669 | | | | — | | | | 12,728,669 | |
Specialty Retail | | | — | | | | 3,893,310 | | | | — | | | | 3,893,310 | |
Technology Hardware, Storage & Peripherals | | | — | | | | 1,084,388 | | | | — | | | | 1,084,388 | |
Textiles, Apparel & Luxury Goods | | | — | | | | 733,477 | | | | — | | | | 733,477 | |
Thrifts & Mortgage Finance | | | — | | | | 1,262,076 | | | | — | | | | 1,262,076 | |
Transportation | | | — | | | | 119,987 | | | | — | | | | 119,987 | |
Transportation Infrastructure | | | — | | | | 1,517,853 | | | | — | | | | 1,517,853 | |
Utilities | | | — | | | | 3,096,204 | | | | — | | | | 3,096,204 | |
Wireless Telecommunication Services | | | — | | | | 15,447,272 | | | | — | | | | 15,447,272 | |
Floating Rate Loan Interests | | | — | | | | 263,381,009 | | | | 8,802,680 | | | | 272,183,689 | |
Foreign Agency Obligations | | | — | | | | 22,189,999 | | | | — | | | | 22,189,999 | |
Investment Companies | | | 4,788,210 | | | | — | | | | — | | | | 4,788,210 | |
Non-Agency Mortgage-Backed Securities | | | — | | | | 9,465,362 | | | | — | | | | 9,465,362 | |
Other Interests | | | — | | | | — | | | | — | | | | — | |
Preferred Securities | | | | | | | | | | | | | | | | |
Capital Trusts | | | — | | | | 28,622,625 | | | | — | | | | 28,622,625 | |
Preferred Stocks | | | 10,366,898 | | | | — | | | | — | | | | 10,366,898 | |
Trust Preferred | | | 2,694,586 | | | | — | | | | — | | | | 2,694,586 | |
U.S. Government Sponsored Agency Securities | | | — | | | | 2,601,546 | | | | — | | | | 2,601,546 | |
U.S. Treasury Obligations | | | — | | | | 36,415,160 | | | | — | | | | 36,415,160 | |
Warrants | | | — | | | | 198,381 | | | | — | | | | 198,381 | |
Short-Term Securities | | | | | | | | | | | | | | | | |
Money Market Funds | | | 5,662,331 | | | | — | | | | — | | | | 5,662,331 | |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | 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. | | $ | 360,815 | | | $ | 6,001,862 | | | $ | — | | | $ | 6,362,677 | |
Liabilities | | | | | | | | | | | | | | | | |
Unfunded Floating Rate Loan Interests(a) | | | — | | | | (936 | ) | | | — | | | | (936 | ) |
| | | | | | | | | | | | | | | | |
| | $ | 24,147,958 | | | $ | 889,742,684 | | | $ | 11,082,943 | | | | 924,973,585 | |
| | | | | | | | | | | | | | | | |
Investments Valued at NAV(b) | | | | | | | | | | | | | | | 1,395 | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | $ | 924,974,980 | |
| | | | | | | | | | | | | | | | |
Derivative Financial Instruments(c) | | | | | | | | | | | | | | | | |
Assets | | | | | | | | | | | | | | | | |
Credit Contracts | | $ | — | | | $ | 79,180 | | | $ | — | | | $ | 79,180 | |
Foreign Currency Exchange Contracts. | | | — | | | | 585,901 | | | | — | | | | 585,901 | |
Interest Rate Contracts | | | 1,422,115 | | | | 4,635,700 | | | | — | | | | 6,057,815 | |
Liabilities | | | | | | | | | | | | | | | | |
Credit Contracts | | | — | | | | (717,652 | ) | | | — | | | | (717,652 | ) |
Foreign Currency Exchange Contracts | | | — | | | | (141,862 | ) | | | — | | | | (141,862 | ) |
Interest Rate Contracts | | | (657,657 | ) | | | (8,198,577 | ) | | | — | | | | (8,856,234 | ) |
| | | | | | | | | | | | | | | | |
| | $ | 764,458 | | | $ | (3,757,310 | ) | | $ | — | | | $ | (2,992,852 | ) |
| | | | | | | | | | | | | | | | |
| (a) | Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment. | |
| (b) | Certain investments of the Fund were fair valued using NAV per share as no quoted market value is available and therefore have been excluded from the fair value hierarchy. | |
| (c) | 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 $298,868,515 are categorized as Level 2 within the fair value 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, 2020 | | $ | 814,296 | | | $ | 24,676 | | | $ | 1,642,502 | | | $ | 7,511,633 | | | $ | — | (b) | | $ | — | (b) | | $ | 9,993,107 | |
Transfers into Level 3 | | | — | | | | — | | | | — | | | | 1,967,795 | | | | — | | | | — | | | | 1,967,795 | |
Transfers out of Level 3 | | | — | | | | — | | | | — | | | | (2,772,471 | ) | | | — | | | | — | (b) | | | (2,772,471 | ) |
Accrued discounts/premiums | | | (21,745 | ) | | | — | | | | 1,865 | | | | 1,095 | | | | — | | | | — | | | | (18,785 | ) |
Net realized gain (loss) | | | — | | | | — | | | | — | | | | 17,134 | | | | — | | | | — | | | | 17,134 | |
Net change in unrealized appreciation (depreciation)(a) | | | 19,856 | | | | (17,282 | ) | | | (68,839 | ) | | | 18,159 | | | | — | | | | — | | | | (48,106 | ) |
Purchases | | | — | | | | — | | | | 1,513 | | | | 3,429,426 | | | | — | | | | — | | | | 3,430,939 | |
Sales | | | (96,734 | ) | | | — | | | | (19,845 | ) | | | (1,370,091 | ) | | | — | | | | — | | | | (1,486,670 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Closing balance, as of March 31, 2021 | | $ | 715,673 | | | $ | 7,394 | | | $ | 1,557,196 | | | $ | 8,802,680 | | | $ | — | (b) | | $ | — | | | $ | 11,082,943 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2021(a) | | $ | 19,856 | | | $ | (17,282 | ) | | $ | (68,839 | ) | | $ | 33,669 | | | $ | — | | | $ | — | | | $ | (32,596 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (a) | Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at March 31, 2021 is generally due to investments no longer held or categorized as Level 3 at period end. | |
| (b) | Rounds to less than $1. | |
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.
| | |
SCHEDULE OF INVESTMENTS | | 45 |
| | |
Schedule of Investments (unaudited) (continued) March 31, 2021 | | BlackRock Limited Duration Income Trust (BLW) |
| | |
Currency Abbreviation |
| |
AUD | | Australian Dollar |
EUR | | Euro |
GBP | | British Pound |
MXN | | Mexican Peso |
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 |