Edgar Filing: BLACKROCK Ltd DURATION INCOME TRUST

BlackRock Limited Duration Income Trust

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-21349

Name of Fund: BlackRock Limited Duration Income Trust (BLW)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Limited Duration Income Trust, 55 East 52^nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 08/31/2019

Date of reporting period: 11/30/2018

Item 1 – Schedule of Investments

Schedule of Investments (unaudited)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Shares		Value

Common Stocks — 0.2%

Chemicals — 0.0%
LyondellBasell Industries NV, Class A			37	$	3,452


Diversified Financial Services — 0.1%
Kcad Holdings I Ltd.^(a)(b)			546,753,936		924,014


Health Care Management Services — 0.0%
New Millennium HoldCo, Inc.^(b)			8,511		528


Hotels, Restaurants & Leisure — 0.0%
Caesars Entertainment Corp.^(b)			8,330		70,972


Household Durables — 0.0%
Berkline Benchcraft Equity LLC^(a)			3,155		—


Metals & Mining — 0.0%
Ameriforge Group, Inc.			801		47,259


Software — 0.0%
Avaya Holdings Corp.^(b)			18		280


Utilities — 0.1%
Texgen LLC^(a)			7,331		300,571


Total Common Stocks — 0.2% (Cost — $6,481,691)					1,347,076


		Par (000)

Asset-Backed Securities — 8.5%

Asset-Backed Securities — 8.5%
AIMCO CLO, Series 2014-AA, Class DR, (3 mo. LIBOR US + 3.25%), 5.72%, 07/20/26^(c)(d)	USD		250		250,104
Allegro CLO II-S Ltd., Series 2014-1RA, Class C, 5.15%, 10/21/28^(c)(e)			1,000		999,975
ALM VI Ltd., Series 2012-6A, Class BR3, 4.19%, 07/15/26^(c)(e)			1,000		989,278
ALM XII Ltd., Series 2015-12A, Class C1R2, 5.09%, 04/16/27^(c)(e)			1,000		992,410
ALM XVI Ltd./ALM XVI LLC, Series 2015-16A, Class CR2, 5.14%, 07/15/27^(c)(e)			270		265,495
AmeriCredit Automobile Receivables, Series 2014-3, Class C, 2.58%, 09/08/20			1,002		1,000,962
AMMC CLO Ltd., Series 2014-15A, Class D, (3 mo. LIBOR US + 4.20%), 6.53%, 12/09/26^(c)(d)			2,000		2,012,701
Anchorage Capital CLO Ltd.^(c):
Series 2014-3RA, Class E, 8.01%, 01/28/31^(e)			850		836,898
Series 2014-4RA, Class D, 5.11%, 01/28/31^(e)			250		245,656
Series 2014-5RA, Class E, 7.84%, 01/15/30^(e)			860		864,177


Security		Par (000)		Value

Asset-Backed Securities (continued)
Anchorage Capital CLO Ltd.^(c) (continued):
Series 2015-7A, Class DR, 5.14%, 10/15/27^(e)	USD		1,000	$	998,562
Series 2016-8A, Class ER, 8.26%, 07/28/28^(e)			1,000		980,588
Series 2016-9A, Class D, (3 mo. LIBOR US + 4.00%), 6.44%, 01/15/29^(d)			350		352,375
Ares XL CLO Ltd., Series 2016-40A, Class D, (3 mo. LIBOR US + 6.60%), 9.04%, 10/15/27^(c)(d)			500		500,013
Battalion CLO XI Ltd., Series 2017-11A, Class E, 8.47%, 10/24/29^(c)(e)			325		325,895
Benefit Street Partners CLO XII Ltd., Series 2017-12A, Class D, 8.85%, 10/15/30^(c)(e)			500		503,957
Carlyle Global Market Strategies CLO Ltd., Series 2015-1A, Class CR, (3 mo. LIBOR US + 2.00%), 4.47%, 04/20/27^(c)(d)			600		600,568
Credit Suisse ABS Repackaging Trust, Series 2013-A, Class B, 2.50%, 01/25/30^(c)			515		475,465
DCP Rights LLC, Series 2014-1A, Class A, 5.46%, 10/25/44^(c)			3,036		3,032,083
Dryden 64 CLO Ltd., Series 2018-64A, Class D, 5.09%, 04/18/31^(c)(e)			250		247,715
Galaxy CLO Ltd., Series 2015-21A, 7.72%, 04/20/31^(c)(e)			500		457,701
Highbridge Loan Management Ltd., Series 5A-2015, Class ERR, 8.43%, 10/15/30^(c)(e)			450		429,676
Litigation Fee Residual Funding, 4.00%, 10/30/27^(a)			1,221		1,215,329
Madison Park Funding X Ltd., Series 2012-10A, Class ER, (3 mo. LIBOR US + 7.62%), 10.09%, 01/20/29^(c)(d)			500		505,562
Madison Park Funding XI Ltd., Series 2013-11A, Class ER, 8.93%, 07/23/29^(c)(e)			250		250,032
Madison Park Funding XIII Ltd., Series 2014-13A, Class ER, 8.20%, 04/19/30^(c)(e)			1,250		1,211,947
Madison Park Funding XV Ltd., Series 2014-15A, Class B1R, (3 mo. LIBOR US + 2.20%), 4.71%, 01/27/26^(c)(d)			1,500		1,502,089
Neuberger Berman CLO XX Ltd., Series 2015-20A, Class ER, 7.44%, 01/15/28^(c)(e)			1,250		1,203,706
Oaktree CLO Ltd., Series 2015-1A, Class DR, 7.67%, 10/20/27^(c)(e)			500		486,514


			1

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Asset-Backed Securities (continued)
Octagon Investment Partners LLC, Series 2017-1A, Class E, (3 mo. LIBOR US + 6.30%), 8.77%, 07/20/30^(c)(d)	USD		500	$	504,205
OneMain Financial Issuance Trust, Series 2015-2A, Class C, 4.32%, 07/18/25^(c)			4,000		4,003,866
OZLM VIII Ltd., Series 2014-8A^(c)(e):
Class BRR, 4.66%, 10/17/29			2,500		2,500,000
Class CRR, 5.61%, 10/17/29			500		500,000
OZLM XIX Ltd., Series 2017-19A, Class D, 9.04%, 11/22/30^(c)(e)			500		506,047
OZLM XV Ltd., Series 2016-15A, Class C, (3 mo. LIBOR US + 4.00%), 6.47%, 01/20/29^(c)(d)			1,000		1,005,932
OZLM XXI, Series 2017-21A, Class D, 8.01%, 01/20/31^(c)(e)			250		234,393
Park Avenue Institutional Advisers CLO Ltd., Series 2017-1A, Class D, 8.83%, 11/14/29^(c)(e)			1,750		1,760,554
Rockford Tower CLO Ltd.^(c)(d):
Series 2017-1A, Class D, (3 mo. LIBOR US + 3.25%), 5.69%, 04/15/29			250		250,889
Series 2017-2A, Class D, (3 mo. LIBOR US + 3.45%), 5.89%, 10/15/29			500		503,114
Santander Drive Auto Receivables Trust, Class D:
Series 2014-3, 2.65%, 08/17/20			1,813		1,812,516
Series 2014-4, 3.10%, 11/16/20			3,295		3,296,523
Shackleton CLO Ltd., Series 2013-3A, Class DR, 5.46%, 07/15/30^(c)(e)			500		495,157
Sound Point CLO XIV Ltd., Series 2016-3A, Class E, (3 mo. LIBOR US + 6.65%), 9.13%, 01/23/29^(c)(d)			1,000		1,009,483
Symphony CLO XV Ltd., Series 2014-15A, Class CR, (3 mo. LIBOR US + 2.20%), 4.65%, 10/17/26^(c)(d)			1,250		1,248,356
Symphony CLO XVIII Ltd., Series 2016-18A, Class D, (3 mo. LIBOR US + 4.00%), 6.48%, 01/23/28^(c)(d)			1,000		1,009,252
Thayer Park CLO Ltd., Series 2017-1A, Class D, (3 mo. LIBOR US + 6.10%), 8.57%, 04/20/29^(c)(d)			500		500,955
TICP CLO VII Ltd., Series 2017-7A, Class E, (3 mo. LIBOR US + 6.51%), 8.95%, 07/15/29^(c)(d)			500		503,559
Venture XXVI CLO Ltd., Series 2017-26A^(c)(d):
Class D, (3 mo. LIBOR US + 4.25%), 6.72%, 01/20/29			1,000		1,009,684


Security		Par (000)		Value

Asset-Backed Securities (continued)
Venture XXVI CLO Ltd., Series 2017- 26A^(c)(d) (continued):
Class E, (3 mo. LIBOR US + 6.80%), 9.27%, 01/20/29	USD		500	$	504,596
Vibrant CLO IV Ltd., Series 2016-4A, Class D, (3 mo. LIBOR US + 4.50%), 6.97%, 07/20/28^(c)^(d)			1,000		1,006,734
Wellfleet CLO Ltd., Series 2017-3A, Class B, 4.40%, 01/17/31^(c)^(e)			500		494,394
York CLO Ltd.^(c):
Series 2015-1A, Class ER, 8.12%, 01/22/31^(e)			250		237,553
Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.60%), 6.07%, 10/20/29^(d)			250		249,827
Series 2016-2A, Class E, (3 mo. LIBOR US + 6.94%), 9.41%, 01/20/30^(d)			1,000		1,012,170

					49,897,192

Interest Only Asset-Backed Securities — 0.0%
Sterling Bank Trust, Series 2004-2, Class Note, 2.08%, 03/30/30^(a)^(c)			2,905		144,513
Sterling Coofs Trust, Series 2004-1, Class A, 2.00%, 04/15/29^(a)			2,231		97,724

					242,237


Total Asset-Backed Securities — 8.5% (Cost — $50,489,307)					50,139,429


Corporate Bonds — 58.5%

Aerospace — 0.0%
Koninklijke KPN NV(5 year GBP Swap + 5.51%), 6.88%, 03/14/73^(f)	GBP		100		132,720


Aerospace & Defense — 1.5%
Arconic, Inc.:
5.87%, 02/23/22	USD		730		742,045
5.13%, 10/01/24			742		719,740
5.90%, 02/01/27			67		64,320
BBA US Holdings, Inc., 5.38%, 05/01/26^(c)			271		262,193
Bombardier, Inc.^(c):
7.75%, 03/15/20			172		175,225
8.75%, 12/01/21^(g)			721		743,531
5.75%, 03/15/22			102		96,900
6.00%, 10/15/22			19		18,004
6.13%, 01/15/23^(g)			912		866,400
7.50%, 12/01/24^(g)			790		751,488


2

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Aerospace & Defense (continued)
Bombardier, Inc.^(c) (continued):
7.50%, 03/15/25^(g)	USD		855	$	812,250
7.45%, 05/01/34			188		163,560
KLX, Inc., 5.88%, 12/01/22^(c)			788		811,147
Koppers, Inc., 6.00%, 02/15/25^(c)			146		130,670
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25^(c)			298		306,940
Moog, Inc., 5.25%, 12/01/22^(c)			270		270,000
Pioneer Holdings LLC/Pioneer Finance Corp., 9.00%, 11/01/22^(c)			133		135,660
TransDigm UK Holdings PLC, 6.88%, 05/15/26^(c)^(g)			264		260,700
TransDigm, Inc.:
6.00%, 07/15/22^(g)			601		601,000
6.50%, 07/15/24^(g)			178		178,445
6.50%, 05/15/25			299		297,879
6.38%, 06/15/26^(g)			405		395,337

					8,803,434

Airlines — 1.7%
Air Canada Pass-Through Trust, Series 2015-1, Class B, 3.88%, 09/15/24^(c)			1,167		1,139,145
American Airlines Pass-Through Trust:
Series 2013-2, Class A, 4.95%, 07/15/24^(g)			2,574		2,628,899
Series 2013-2, Class B, 5.60%, 01/15/22^(c)			351		355,332
Series 2017-1, Class B, 4.95%, 08/15/26			1,351		1,370,665
Avianca Holdings SA/Avianca Leasing LLC/Grupo Taca Holdings Ltd., 8.38%, 05/10/20			239		238,104
Latam Finance Ltd., 6.88%, 04/11/24^(c)			203		200,462
United Airlines Pass-Through Trust:
Series 2014-2, Class B, 4.63%, 03/03/24^(g)			1,653		1,654,844
Series 2015-1, Class A, 3.70%, 06/01/24			2,430		2,391,606
Virgin Australia Trust, Series 2013-1, Class A, 5.00%, 04/23/25^(c)^(g)			192		195,390

					10,174,447

Auto Components — 0.4%
Adient Global Holdings Ltd., 3.50%, 08/15/24	EUR		100		90,566
Allison Transmission, Inc., 5.00%, 10/01/24^(c)	USD		28		26,950
Aptiv PLC, 4.40%, 10/01/46			240		204,069
Fiat Chrysler Finance Europe, 4.75%, 07/15/22	EUR		120		149,437
GKN Holdings PLC, 3.38%, 05/12/32	GBP		100		119,839
Goodyear Tire & Rubber Co., 5.00%, 05/31/26	USD		67		60,970


Security		Par (000)		Value

Auto Components (continued)
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
6.00%, 08/01/20	USD		28	$	28,210
6.25%, 02/01/22			299		303,859
6.75%, 02/01/24			279		280,744
6.38%, 12/15/25			149		147,138
IHO Verwaltungs GmbH^(h):
(2.75% Cash or 3.50% PIK), 2.75%, 09/15/21	EUR		100		112,644
(3.25% Cash or 4.00% PIK), 3.25%, 09/15/23			100		110,256
(3.75% Cash or 4.50% PIK), 3.75%, 09/15/26			100		109,106
(4.50% Cash or 5.25% PIK), 4.50%, 09/15/23^(c)	USD		200		186,000
Tesla, Inc., 5.30%, 08/15/25^(c)^(g)			471		406,826
Volvo Car AB, 2.00%, 01/24/25	EUR		100		105,593

					2,442,207

Banks — 2.0%
Allied Irish Banks PLC(5 year EUR Swap + 3.95%), 4.13%, 11/26/25^(f)			100		116,063
Banco BPM SpA, 2.75%, 07/27/20			100		113,458
Banco de Sabadell SA, 5.38%, 12/12/28^(e)			100		113,100
Banco Espirito Santo SA^(b)⁽ⁱ⁾:
4.75%, 01/15/19			100		32,548
4.00%, 01/21/19			100		33,397
Bank of Ireland(5 year EUR Swap + 3.55%), 4.25%, 06/11/24^(f)			100		114,214
Bankia SA(5 year EUR Swap + 3.35%), 3.38%, 03/15/27^(f)			100		114,127
Barclays PLC:
4.38%, 09/11/24^(g)	USD		580		538,477
3.65%, 03/16/25^(g)			3,600		3,305,901
5.20%, 05/12/26			200		190,445
BBVA Bancomer SA, 6.75%, 09/30/22^(c)			192		198,722
CaixaBank SA(5 year EUR Swap + 3.35%), 3.50%, 02/15/27^(f)	EUR		100		116,474
CIT Group, Inc.:
5.00%, 08/01/23^(g)	USD		582		583,455
5.25%, 03/07/25			127		127,610
6.13%, 03/09/28			98		100,450
HSBC Holdings PLC, 4.38%, 11/23/26^(g)			395		378,628
IKB Deutsche Industriebank AG, 4.00%, 01/31/28^(e)	EUR		100		110,234
Nordea Bank AB, 4.50%, 03/26/20			1,020		1,217,444
Promerica Financial Corp., 9.70%, 05/14/24^(c)	USD		200		207,100
Santander Holdings USA, Inc., 4.50%, 07/17/25^(g)			1,750		1,694,252


			3

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Banks (continued)
Santander UK Group Holdings PLC, 2.88%, 08/05/21^(g)	USD		950	$	913,032
Standard Chartered PLC, 3.89%, 03/15/24^(c)^(e)^(g)			1,500		1,445,918

					11,765,049

Beverage: Soft Drinks — 0.0%
Energizer Gamma Acquisition, Inc., 6.38%, 07/15/26^(c)			46		43,240


Beverages — 0.1%
BWAY Holding Co., 4.75%, 04/15/24	EUR		100		109,287
Central American Bottling Corp., 5.75%, 01/31/27^(c)	USD		176		172,920
Crown European Holdings SA, 2.25%, 02/01/23^(c)	EUR		100		114,047
OI European Group BV, 4.00%, 03/15/23^(c)	USD		176		164,560

					560,814

Building Materials — 0.0%
Jeld-Wen, Inc., 4.63%, 12/15/25^(c)			138		123,510


Building Products — 0.3%
American Builders & Contractors Supply Co., Inc., 5.75%, 12/15/23^(c)			184		183,761
CPG Merger Sub LLC, 8.00%, 10/01/21^(c)			324		320,760
Jeld-Wen, Inc., 4.88%, 12/15/27^(c)			19		16,578
Masonite International Corp.^(c):
5.63%, 03/15/23^(g)			384		383,040
5.75%, 09/15/26			160		151,000
PGT Escrow Issuer, Inc., 6.75%, 08/01/26^(c)			107		108,070
Standard Industries, Inc.^(c):
5.50%, 02/15/23			66		64,762
5.38%, 11/15/24			126		119,700
6.00%, 10/15/25^(g)			260		253,500
USG Corp.^(c):
5.50%, 03/01/25			11		11,083
4.88%, 06/01/27			198		198,247

					1,810,501

Cable Television Services — 0.0%
CB Escrow Corp., 8.00%, 10/15/25^(c)			146		129,210


Capital Markets — 0.6%
Blackstone CQP Holdco LP^(c):
6.50%, 03/20/21			2,040		1,978,994
6.00%, 08/18/21			332		331,553
Intertrust Group BV, 3.38%, 11/15/25	EUR		100		111,985
Lions Gate Capital Holdings LLC, 5.88%, 11/01/24^(c)	USD		85		85,638
Morgan Stanley, 4.00%, 07/23/25^(g)			965		944,678


Security		Par (000)		Value

Capital Markets (continued)
NFP Corp., 6.88%, 07/15/25^(c)	USD		85	$	80,538
Stevens Holding Co., Inc., 6.13%, 10/01/26^(c)			189		186,637

					3,720,023

Chemicals — 1.7%
Alpha 2 BV, (8.75% Cash or 9.50% PIK), 8.75%, 06/01/23^(c)^(h)			256		248,320
Alpha 3 BV/Alpha US Bidco, Inc., 6.25%, 02/01/25^(c)			800		768,000
Axalta Coating Systems Dutch Holding B BV, 3.75%, 01/15/25	EUR		100		109,889
Axalta Coating Systems LLC, 4.88%, 08/15/24^(c)	USD		454		439,563
Blue Cube Spinco, Inc.:
9.75%, 10/15/23			424		474,431
10.00%, 10/15/25			308		351,890
CF Industries, Inc., 4.95%, 06/01/43			45		34,847
Chemours Co.:
6.63%, 05/15/23			129		130,935
7.00%, 05/15/25			112		113,400
4.00%, 05/15/26	EUR		186		197,936
5.38%, 05/15/27	USD		134		120,935
Cydsa SAB de CV, 6.25%, 10/04/27^(c)			252		227,433
GCP Applied Technologies, Inc., 5.50%, 04/15/26^(c)			158		151,285
Hexion, Inc., 10.38%, 02/01/22^(c)			86		71,595
Huntsman International LLC, 5.13%, 11/15/22			280		285,043
INEOS Finance PLC, 4.00%, 05/01/23	EUR		100		114,329
Mexichem SAB de CV, 5.50%, 01/15/48^(c)	USD		200		166,500
Momentive Performance Materials, Inc., 3.88%, 10/24/21^(g)			377		403,861
NOVA Chemicals Corp., 4.88%, 06/01/24^(c)			267		248,310
Olin Corp., 5.00%, 02/01/30			117		104,130
Platform Specialty Products Corp.^(c)^(g):
6.50%, 02/01/22			2,210		2,251,437
5.88%, 12/01/25			1,024		998,400
PQ Corp.^(c):
6.75%, 11/15/22^(g)			444		460,650
5.75%, 12/15/25			528		493,353
PSPC Escrow Corp., 6.00%, 02/01/23	EUR		100		116,472
Starfruit Finco BV/ tarfruit US Holdco LLC, 6.50%, 10/01/26			100		105,166
Versum Materials, Inc., 5.50%, 09/30/24^(c)	USD		72		71,100
WR Grace & Co-Conn^(c):
5.13%, 10/01/21^(g)			741		746,335


4

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Chemicals (continued)
WR Grace & Co-Conn^(c) (continued):
5.63%, 10/01/24	USD		200	$	202,440

					10,207,985

Commercial Services & Supplies — 1.1%
ADT Corp.:
6.25%, 10/15/21			139		143,691
3.50%, 07/15/22^(g)			285		266,831
4.13%, 06/15/23			271		252,708
4.88%, 07/15/32^(c)			418		330,220
Advanced Disposal Services, Inc., 5.63%, 11/15/24^(c)			161		157,378
Avolon Holdings Funding Ltd., 5.13%, 10/01/23^(c)			386		384,552
Booz Allen Hamilton, Inc., 5.13%, 05/01/25^(c)			204		197,880
Core & Main LP, 6.13%, 08/15/25^(c)			410		374,125
Fortress Transportation & Infrastructure Investors LLC^(c):
6.75%, 03/15/22			71		72,150
6.50%, 10/01/25			78		75,465
GFL Environmental, Inc., 5.38%, 03/01/23^(c)			131		119,865
Harland Clarke Holdings Corp., 8.38%, 08/15/22^(c)			414		382,950
KAR Auction Services, Inc., 5.13%, 06/01/25^(c)			444		415,140
Mobile Mini, Inc., 5.88%, 07/01/24^(g)			499		501,490
Paprec Holding SA, 4.00%, 03/31/25	EUR		100		99,330
Park Aerospace Holdings Ltd.^(c):
3.63%, 03/15/21	USD		226		220,350
5.25%, 08/15/22			369		369,000
5.50%, 02/15/24			12		12,074
Pitney Bowes, Inc., 3.88%, 10/01/21^(g)			500		478,750
Ritchie Bros Auctioneers, Inc., 5.38%, 01/15/25^(c)			472		463,150
United Rentals North America, Inc.:
5.75%, 11/15/24^(g)			609		605,194
5.50%, 05/15/27			397		374,669

					6,296,962

Communications Equipment — 0.8%
CommScope Technologies LLC^(c):
6.00%, 06/15/25			3		2,779
5.00%, 03/15/27			367		302,316
CommScope, Inc.^(c):
5.00%, 06/15/21			465		461,047
5.50%, 06/15/24			102		94,085
Motorola Solutions, Inc., 3.75%, 05/15/22^(g)			1,500		1,480,671
Nokia OYJ:
3.38%, 06/12/22			106		100,568
4.38%, 06/12/27			149		139,173


Security		Par (000)		Value

Communications Equipment (continued)
Nokia OYJ (continued):
6.63%, 05/15/39	USD		200	$	206,260
Zayo Group LLC/Zayo Capital, Inc.^(g):
6.00%, 04/01/23			531		528,345
6.38%, 05/15/25			104		102,050
5.75%, 01/15/27^(c)			1,030		983,650

					4,400,944

Construction & Engineering — 0.3%
Aeropuertos Argentina 2000 SA, 6.88%, 02/01/27^(c)			293		272,856
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29^(c)			293		284,576
Brand Industrial Services, Inc., 8.50%, 07/15/25^(c)			288		254,160
Engility Corp., 8.88%, 09/01/24			216		233,010
frontdoor, Inc., 6.75%, 08/15/26^(c)			241		232,565
Pisces Midco, Inc., 8.00%, 04/15/26^(c)			94		89,300
SPIE SA, 3.13%, 03/22/24	EUR		100		110,750
SRS Distribution, Inc., 8.25%, 07/01/26^(c)^(g)	USD		185		173,900
Tutor Perini Corp., 6.88%, 05/01/25^(c)			219		210,240
Weekley Homes LLC/Weekley Finance Corp., 6.63%, 08/15/25			61		56,578

					1,917,935

Construction Materials — 0.5%
American Builders & Contractors Supply Co., Inc., 5.88%, 05/15/26^(c)			226		218,938
HD Supply, Inc., 5.38%, 10/15/26^(c)			1,778		1,716,303
LKQ Italia Bondco SpA, 3.88%, 04/01/24	EUR		100		116,040
Navistar International Corp., 6.63%, 11/01/25^(c)	USD		271		267,954
New Enterprise Stone & Lime Co., Inc., 10.13%, 04/01/22^(c)			160		164,800
Rexel SA, 3.50%, 06/15/23	EUR		116		133,950
Williams Scotsman International, Inc.^(c):
7.88%, 12/15/22	USD		109		110,090
6.88%, 08/15/23			185		181,763

					2,909,838

Consumer Discretionary — 0.3%
AA Bond Co. Ltd., 4.88%, 07/31/43	GBP		100		122,488
Blitz F18-674 GmbH, 6.00%, 07/30/26	EUR		100		110,449
Nielsen Co. Luxembourg Sarl, 5.00%, 02/01/25^(c)	USD		92		89,700
Silversea Cruise Finance Ltd., 7.25%, 02/01/25^(c)			56		60,060
Staples, Inc., 8.50%, 09/15/25^(c)			273		241,605
Viking Cruises Ltd.^(c):
6.25%, 05/15/25			225		222,750


			5

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Consumer Discretionary (continued)
Viking Cruises Ltd.^(c) (continued):
5.88%, 09/15/27^(g)	USD		771	$	724,740

					1,571,792

Consumer Finance — 1.4%
Alliance Data Systems Corp.^(c):
5.88%, 11/01/21			696		704,700
5.38%, 08/01/22			130		129,350
Ally Financial, Inc., 8.00%, 11/01/31^(g)			1,416		1,653,463
Credivalores-Crediservicios SAS, 9.75%, 07/27/22^(c)			200		182,500
Mulhacen Pte Ltd., (6.5% Cash or 7.25% PIK), 6.50%, 08/01/23^(h)	EUR		119		127,984
Navient Corp.:
5.00%, 10/26/20^(g)	USD		310		306,900
6.63%, 07/26/21			113		114,130
6.50%, 06/15/22			375		376,406
5.50%, 01/25/23			134		126,295
7.25%, 09/25/23^(g)			257		258,285
5.88%, 10/25/24			65		58,338
6.75%, 06/25/25			105		97,387
6.75%, 06/15/26			211		190,955
5.63%, 08/01/33			95		70,775
Nexi Capital SpA, 3.63%, 05/01/23^(e)	EUR		100		112,644
Refinitiv US Holdings, Inc.:
4.50%, 05/15/26			100		111,795
4.50%, 05/15/26^(c)			400		447,180
6.25%, 05/15/26^(c)	USD		1,480		1,460,575
8.25%, 11/15/26^(c)			612		582,930
Springleaf Finance Corp.:
6.13%, 05/15/22			70		70,000
5.63%, 03/15/23			8		7,700
6.88%, 03/15/25			311		292,729
7.13%, 03/15/26			298		280,120
Verscend Escrow Corp., 9.75%, 08/15/26^(c)			615		591,937

					8,355,078

Containers & Packaging — 1.1%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.:
4.63%, 05/15/23^(c)			790		768,275
6.75%, 05/15/24	EUR		100		119,612
7.25%, 05/15/24^(c)^(g)	USD		800		808,000
4.75%, 07/15/27^(c)	GBP		100		118,322
4.75%, 07/15/27			100		118,322
BWAY Holding Co., 5.50%, 04/15/24^(c)^(g)	USD		799		765,042
Crown Americas LLC/Crown Americas Capital Corp.:
4.75%, 02/01/26^(c)			150		144,570
4.25%, 09/30/26			166		154,380


Security		Par (000)		Value

Containers & Packaging (continued)
Intertape Polymer Group, Inc., 7.00%, 10/15/26^(c)	USD		122	$	122,305
Mercer International, Inc.:
6.50%, 02/01/24			113		112,435
5.50%, 01/15/26			117		106,470
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu:
5.75%, 10/15/20^(g)			1,029		1,027,906
(3 mo. LIBOR US + 3.50%), 5.94%, 07/15/21^(c)^(d)			433		436,204
5.13%, 07/15/23^(c)			42		41,003
7.00%, 07/15/24^(c)^(g)			729		727,177
Sealed Air Corp.^(c):
4.88%, 12/01/22			192		191,280
6.88%, 07/15/33			44		44,770
Silgan Holdings, Inc., 3.25%, 03/15/25	EUR		100		113,710
Smurfit Kappa Acquisitions ULC, 2.88%, 01/15/26			100		113,669
Suzano Austria GmbH, 6.00%, 01/15/29^(c)	USD		517		522,170

					6,555,622

Diversified Consumer Services — 0.5%
APX Group, Inc.^(g):
8.75%, 12/01/20			262		250,865
7.88%, 12/01/22			336		328,230
Ascend Learning LLC, 6.88%, 08/01/25^(c)			283		274,510
Graham Holdings Co., 5.75%, 06/01/26^(c)			173		175,163
Laureate Education, Inc., 8.25%, 05/01/25^(c)			114		121,695
Matthews International Corp., 5.25%, 12/01/25^(c)			62		57,660
Pinnacle Bidco PLC, 6.38%, 02/15/25	GBP		100		128,062
Prime Security Services Borrower LLC/Prime Finance, Inc., 9.25%, 05/15/23^(c)^(g)	USD		1,335		1,415,100
ServiceMaster Co. LLC, 5.13%, 11/15/24^(c)			244		234,850
Verisure Holding AB, 3.50%, 05/15/23	EUR		100		111,760

					3,097,895

Diversified Financial Services — 1.1%
Arrow Global Finance PLC(3 mo. Euribor + 2.88%), 2.88%, 04/01/25^(d)			100		104,201
Banca IFIS SpA, 4.50%, 10/17/27^(e)			100		90,199
Controladora Mabe SA de C.V., 5.60%, 10/23/28^(c)	USD		200		186,750
Docuformas SAPI de C.V., 9.25%, 10/11/22^(c)			421		368,375


6

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Diversified Financial Services (continued)
FS Energy & Power Fund, 7.50%, 08/15/23^(c)	USD		260	$	254,800
General Motors Financial Co., Inc., 4.38%, 09/25/21^(g)			530		529,474
Gilex Holding Sarl, 8.50%, 05/02/23^(c)			182		184,866
Intesa Sanpaolo SpA, 5.02%, 06/26/24^(c)^(g)			2,442		2,141,453
Intrum AB, 2.75%, 07/15/22	EUR		100		105,003
Jefferies Finance LLC/JFIN Co-Issuer Corp.^(c)^(g):
7.38%, 04/01/20	USD		290		291,087
6.88%, 04/15/22			480		478,944
LHC3 PLC, (4.13% Cash or 4.88% PIK), 4.13%, 08/15/24^(h)	EUR		101		110,340
MSCI, Inc., 5.25%, 11/15/24^(c)	USD		105		105,263
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 6.75%, 06/01/25^(c)^(g)			479		452,655
Travelport Corporate Finance PLC, 6.00%, 03/15/26^(c)			171		168,435
UniCredit SpA(5 year EUR Swap + 4.32%), 4.38%, 01/03/27^(f)	EUR		100		110,131
Vantiv LLC/Vanity Issuer Corp.^(c):
3.88%, 11/15/25	GBP		100		121,914
4.38%, 11/15/25	USD		200		186,250
WMG Acquisition Corp.:
4.13%, 11/01/24	EUR		90		105,582
5.50%, 04/15/26^(c)	USD		120		116,400

					6,212,122

Diversified Telecommunication Services — 1.3%
CenturyLink, Inc.:
5.63%, 04/01/25^(g)			526		491,810
Series P, 7.60%, 09/15/39			26		21,580
Series S, 6.45%, 06/15/21^(g)			412		421,270
Series U, 7.65%, 03/15/42			271		225,215
Series W, 6.75%, 12/01/23^(g)			325		325,812
Series Y, 7.50%, 04/01/24			332		340,715
Cincinnati Bell, Inc., 7.00%, 07/15/24^(c)			406		356,011
Embarq Corp., 8.00%, 06/01/36			428		401,785
Frontier Communications Corp.:
7.13%, 03/15/19			190		189,763
10.50%, 09/15/22			201		160,800
11.00%, 09/15/25^(g)			1,205		849,525
Level 3 Financing, Inc.:
5.38%, 08/15/22			184		183,540
5.63%, 02/01/23			115		114,943
5.13%, 05/01/23^(g)			295		291,681
5.38%, 01/15/24			325		318,984
5.38%, 05/01/25^(g)			303		295,046
5.25%, 03/15/26^(g)			937		904,673
OTE PLC, 3.50%, 07/09/20	EUR		100		116,460


Security		Par (000)		Value

Diversified Telecommunication Services (continued)
SoftBank Group Corp.:
(5 year USD ICE Swap + 4.85%), 6.88%^(f)^(j)	USD		290	$	245,198
4.00%, 04/20/23	EUR		200		232,402
Telecom Italia Capital SA:
6.38%, 11/15/33	USD		233		207,370
6.00%, 09/30/34			575		491,625
7.72%, 06/04/38			21		20,580
Telecom Italia Finance SA, 7.75%, 01/24/33	EUR		37		51,209
Telecom Italia SpA, 5.88%, 05/19/23	GBP		100		132,608
Telecom Italia SpA/Milano, 2.88%, 01/28/26	EUR		100		105,560
Verizon Communications, Inc., 3.38%, 02/15/25^(g)	USD		156		150,161

					7,646,326

Electric Utilities — 0.8%
AES Corp., 5.50%, 04/15/25			82		82,615
Black Hills Corp., 3.15%, 01/15/27^(g)			305		280,624
Celeo Redes Operacion Chile SA, 5.20%, 06/22/47^(c)^(g)			1,006		944,201
Centrais Eletricas Brasileiras SA, 5.75%, 10/27/21^(c)			1,200		1,194,012
DPL, Inc., 7.25%, 10/15/21			30		31,875
Enel Finance International NV, 3.63%, 05/25/27^(c)^(g)			900		775,120
Energuate Trust, 5.88%, 05/03/27^(c)			200		188,002
Eskom Holdings SOC Ltd., 6.35%, 08/10/28^(c)			325		307,612
Exelon Corp., 3.40%, 04/15/26^(g)			140		130,737
Inkia Energy Ltd., 5.88%, 11/09/27^(c)			377		351,085
NextEra Energy Operating Partners LP^(c):
4.25%, 09/15/24			101		95,193
4.50%, 09/15/27			10		9,175
Talen Energy Supply LLC, 6.50%, 06/01/25			176		127,160
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc.^(a):
10.25%, 11/01/15^(b)(i)			47		—
10.50%, 11/01/19			31		52
11.50%, 10/01/20			300		—

					4,517,463

Electrical Equipment — 0.0%
Orano SA, 4.88%, 09/23/24	EUR		100		115,757


Electronic Equipment, Instruments & Components — 0.1%
CDW LLC/CDW Finance Corp.:
5.00%, 09/01/23	USD		72		72,090
5.50%, 12/01/24^(g)			493		493,000
5.00%, 09/01/25			107		104,325


			7

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Electronic Equipment, Instruments & Components (continued)
Energizer Gamma Acquisition BV, 4.63%, 07/15/26	EUR		100	$	107,787
Itron, Inc., 5.00%, 01/15/26^(c)	USD		25		23,266

					800,468

Energy Equipment & Services — 0.8%
Calfrac Holdings LP, 8.50%, 06/15/26^(c)			163		134,882
CSI Compressco LP/CSI Compressco Finance, Inc., 7.50%, 04/01/25^(c)			330		322,575
Ensco PLC:
4.50%, 10/01/24			26		19,240
5.20%, 03/15/25			313		234,162
7.75%, 02/01/26			141		116,325
Gates Global LLC/Gates Global Co., 6.00%, 07/15/22^(c)^(g)			609		605,955
Halliburton Co., 3.80%, 11/15/25^(g)			100		95,525
McDermott Technology Americas, Inc./McDermott Technology U.S., Inc., 10.63%, 05/01/24^(c)			246		210,945
Oceaneering International, Inc., 4.65%, 11/15/24			46		40,423
Odebrecht Oil & Gas Finance Ltd., 0.00%^(c)^(j)(k)	BRL		43		503
Pattern Energy Group, Inc., 5.88%, 02/01/24^(c)	USD		299		290,777
Pioneer Energy Services Corp., 6.13%, 03/15/22			275		219,312
Precision Drilling Corp.:
6.50%, 12/15/21			54		53,782
7.13%, 01/15/26^(c)			8		7,500
SESI LLC, 7.75%, 09/15/24			208		185,640
Transocean, Inc.:
8.38%, 12/15/21			51		52,084
5.80%, 10/15/22			439		403,880
9.00%, 07/15/23^(c)^(g)			636		651,900
7.50%, 01/15/26^(c)			99		92,070
Trinidad Drilling Ltd., 6.63%, 02/15/25^(c)			263		264,683
USA Compression Partners LP/USA Compression Finance Corp., 6.88%, 04/01/26^(c)			277		270,421
Weatherford International Ltd.:
7.75%, 06/15/21			433		355,060
6.50%, 08/01/36			110		62,700
5.95%, 04/15/42			231		129,360

					4,819,704

Environmental, Maintenance, & Security Service — 0.1%
Hulk Finance Corp., 7.00%, 06/01/26^(c)			131		117,245
Tervita Escrow Corp., 7.63%, 12/01/21^(c)^(g)			424		415,520


Security		Par (000)		Value

Environmental, Maintenance, & Security Service (continued)
Waste Pro USA, Inc., 5.50%, 02/15/26^(c)	USD		132	$	121,440

					654,205

Equity Real Estate Investment Trusts (REITs) — 1.4%
AvalonBay Communities, Inc., 3.45%, 06/01/25^(g)			1,245		1,209,538
ERP Operating LP, 3.38%, 06/01/25^(g)			1,015		983,941
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25^(c)			145		142,644
GEO Group, Inc.:
5.13%, 04/01/23			249		224,722
5.88%, 10/15/24			170		153,000
6.00%, 04/15/26			10		8,875
Hilton Domestic Operating Co., Inc.:
4.25%, 09/01/24			263		250,810
5.13%, 05/01/26^(c)			434		424,235
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.63%, 04/01/25			30		28,950
iStar, Inc.:
4.63%, 09/15/20			33		32,711
6.00%, 04/01/22			62		61,166
5.25%, 09/15/22			67		63,985
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc.:
5.63%, 05/01/24^(g)			1,361		1,374,406
4.50%, 09/01/26^(g)			683		629,671
4.50%, 01/15/28			236		208,270
MPT Operating Partnership LP/MPT Finance Corp.:
6.38%, 03/01/24			42		43,470
5.50%, 05/01/24			50		50,375
5.00%, 10/15/27			303		287,850
NH Hotel Group SA, 3.75%, 10/01/23	EUR		129		149,152
Starwood Property Trust, Inc., 5.00%, 12/15/21	USD		234		233,678
Trust F/1401, 6.95%, 01/30/44			706		661,882
Ventas Realty LP, 4.13%, 01/15/26^(g)			650		635,583
VICI Properties 1 LLC/VICI FC, Inc., 8.00%, 10/15/23			244		265,283

					8,124,197

Food & Staples Retailing — 0.1%
Albertsons Cos. LLC/Safeway, Inc./New Albertson’s, Inc./Albertson’s LLC:
6.63%, 06/15/24			186		179,257
5.75%, 03/15/25			104		92,820
B&M European Value Retail SA, 4.13%, 02/01/22	GBP		100		125,513


8

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Food & Staples Retailing (continued)
Casino Guichard Perrachon SA, 4.50%, 03/07/24	EUR		200	$	207,746
Rite Aid Corp., 6.13%, 04/01/23^(c)	USD		110		94,600

					699,936

Food Products — 0.7%
Aramark Services, Inc.:
5.13%, 01/15/24^(g)			417		419,085
5.00%, 04/01/25^(c)			46		45,780
5.00%, 02/01/28^(c)			345		327,750
Arcor SAIC, 6.00%, 07/06/23^(c)			180		168,566
B&G Foods, Inc., 5.25%, 04/01/25			51		48,200
Chobani LLC/Chobani Finance Corp., Inc., 7.50%, 04/15/25^(c)			266		218,120
JBS USA LUX SA/JBS USA Finance, Inc.^(c):
5.88%, 07/15/24			335		329,137
5.75%, 06/15/25^(g)			942		911,385
6.75%, 02/15/28			319		309,430
MARB BondCo PLC:
7.00%, 03/15/24			200		188,750
6.88%, 01/19/25^(c)			200		184,000
Minerva Luxembourg SA, 6.50%, 09/20/26^(c)			200		182,250
Post Holdings, Inc.^(c):
5.50%, 03/01/25			246		234,623
5.75%, 03/01/27			253		237,188
5.63%, 01/15/28			73		67,708
Simmons Foods, Inc., 7.75%, 01/15/24^(c)			135		137,700

					4,009,672

Health Care Equipment & Supplies — 1.0%
Avantor, Inc.^(c):
6.00%, 10/01/24^(g)			1,388		1,375,855
9.00%, 10/01/25			517		524,109
DJO Finance LLC/DJO Finance Corp., 8.13%, 06/15/21^(c)^(g)			1,323		1,372,612
Immucor, Inc., 11.13%, 02/15/22^(c)			100		102,000
Mallinckrodt International Finance SA/Mallinckrodt CB LLC^(c):
4.88%, 04/15/20			284		280,308
5.75%, 08/01/22			467		425,670
5.63%, 10/15/23			81		69,255
5.50%, 04/15/25			11		8,718
Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics SA, 6.63%, 05/15/22^(c)^(g)			1,482		1,426,425
Teleflex, Inc.:
5.25%, 06/15/24			250		251,250


Security		Par (000)		Value

Health Care Equipment & Supplies (continued)
Teleflex, Inc. (continued):
4.88%, 06/01/26	USD		56	$	54,234

					5,890,436

Health Care Providers & Services — 2.8%
Acadia Healthcare Co., Inc.:
5.13%, 07/01/22			85		83,300
5.63%, 02/15/23			160		157,333
6.50%, 03/01/24			412		403,760
AHP Health Partners, Inc., 9.75%, 07/15/26^(c)			140		139,650
Centene Corp.:
4.75%, 05/15/22^(g)			314		315,177
6.13%, 02/15/24			37		38,476
4.75%, 01/15/25			200		198,750
5.38%, 06/01/26^(c)^(g)			1,371		1,379,569
CHS/Community Health Systems, Inc., 8.63%, 01/15/24^(c)			417		423,776
DaVita, Inc., 5.13%, 07/15/24^(g)			235		225,894
Eagle Holding Co. II LLC, (7.63% Cash or 8.38% PIK), 7.63%, 05/15/22^(c)^(h)			182		181,773
Encompass Health Corp., 5.75%, 11/01/24^(g)			80		79,600
HCA, Inc.:
4.75%, 05/01/23			16		16,000
5.00%, 03/15/24^(g)			1,388		1,391,470
5.25%, 04/15/25^(g)			1,652		1,668,520
5.25%, 06/15/26^(g)			84		84,630
5.38%, 09/01/26			357		353,430
5.63%, 09/01/28			378		371,857
5.50%, 06/15/47^(g)			1,239		1,192,537
MEDNAX, Inc., 5.25%, 12/01/23^(c)^(g)			123		121,463
Molina Healthcare, Inc., 4.88%, 06/15/25^(c)			108		101,790
MPH Acquisition Holdings LLC, 7.13%, 06/01/24^(c)^(g)			798		796,005
NVA Holdings, Inc., 6.88%, 04/01/26^(c)			265		252,744
Polaris Intermediate Corp., (8.50% Cash), 8.50%, 12/01/22^(c)^(g)(h)			924		919,380
RegionalCare Hospital Partners Holdings, Inc., 8.25%, 05/01/23^(c)			188		196,107
Sotera Health Holdings LLC, 6.50%, 05/15/23^(c)			188		185,180
Surgery Center Holdings, Inc.^(c):
8.88%, 04/15/21			139		141,085
6.75%, 07/01/25^(g)			272		251,940
Team Health Holdings, Inc., 6.38%, 02/01/25^(c)^(g)			419		345,675
Tenet Healthcare Corp.:
6.00%, 10/01/20^(g)			533		543,793
7.50%, 01/01/22^(c)			176		182,600
8.13%, 04/01/22^(g)			678		705,120
6.75%, 06/15/23			252		248,850


			9

Schedule of Investments (unaudited) (continued)

November 30, 2018

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%, 07/15/24^(g)	USD		507	$	483,551
6.88%, 11/15/31			166		145,665
UnitedHealth Group, Inc., 3.75%, 07/15/25^(g)			1,470		1,463,539
Vizient, Inc., 10.38%, 03/01/24^(c)			322		350,175
WellCare Health Plans, Inc.:
5.25%, 04/01/25			85		84,256
5.38%, 08/15/26^(c)			313		310,709

					16,535,129

Health Care Services — 0.0%
Aveta, Inc. Escrow, 7.00%, 04/01/19^(a)			183		—


Health Care Technology — 0.1%
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25^(c)			242		233,833
IQVIA, Inc., 3.25%, 03/15/25^(c)	EUR		100		111,508
Quintiles IMS, Inc., 3.25%, 03/15/25			148		165,031

					510,372

Hotels, Restaurants & Leisure — 3.3%
1011778 BC ULC/New Red Finance, Inc., 5.00%, 10/15/25^(c)^(g)	USD		2,130		2,002,626
Boyd Gaming Corp., 6.00%, 08/15/26			194		187,695
Boyne USA, Inc., 7.25%, 05/01/25^(c)			80		83,200
Caesars Resort Collection LLC/CRC Finco, Inc., 5.25%, 10/15/25^(c)^(g)			297		272,497
Churchill Downs, Inc., 4.75%, 01/15/28^(c)			64		58,240
CPUK Finance Ltd., 4.25%, 02/28/47	GBP		100		124,765
Eldorado Resorts, Inc.:
6.00%, 04/01/25	USD		91		88,725
6.00%, 09/15/26^(c)			117		113,198
ESH Hospitality, Inc., 5.25%, 05/01/25^(c)^(g)			285		272,531
GLP Capital LP/GLP Financing II, Inc.:
5.38%, 11/01/23			126		127,692
5.25%, 06/01/25			48		47,688
Golden Nugget, Inc., 6.75%, 10/15/24^(c)			522		512,865
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27			2		1,908
International Game Technology PLC, 4.75%, 02/15/23	EUR		100		120,201
IRB Holding Corp., 6.75%, 02/15/26^(c)	USD		70		64,575
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC^(c):
5.00%, 06/01/24			35		34,519
5.25%, 06/01/26			368		360,868


Security		Par (000)		Value

Hotels, Restaurants & Leisure (continued)
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC^(c) (continued):
4.75%, 06/01/27	USD		5	$	4,686
McDonald’s Corp., 3.70%, 01/30/26^(g)			405		394,636
Melco Resorts Finance Ltd., 4.88%, 06/06/25^(c)			375		332,968
MGM Resorts International:
6.63%, 12/15/21^(g)			882		923,895
7.75%, 03/15/22			439		471,925
4.63%, 09/01/26			11		9,996
New Red Finance, Inc., 4.25%, 05/15/24^(c)			245		231,525
RHP Hotel Properties LP/RHP Finance Corp., 5.00%, 04/15/21^(g)			494		489,060
Sabre GLBL, Inc.^(c):
5.38%, 04/15/23			147		146,265
5.25%, 11/15/23			180		178,650
Scientific Games International, Inc.:
10.00%, 12/01/22^(g)			731		757,426
5.00%, 10/15/25(c)^(g)			743		695,559
3.38%, 02/15/26	EUR		100		105,002
Six Flags Entertainment Corp.^(c)^(g):
4.88%, 07/31/24	USD		782		748,765
5.50%, 04/15/27			61		58,408
Spirit Issuer PLC:
Series A2, (3 mo. LIBOR GBP + 2.70%), 3.50%, 12/28/31^(d)	GBP		1,800		2,224,984
Series A5, 5.47%, 12/28/34			4,500		5,950,878
Stars Group Holdings BV/Stars Group US Co-Borrower LLC, 7.00%, 07/15/26^(c)	USD		182		181,317
Station Casinos LLC, 5.00%, 10/01/25^(c)			133		121,529
Unique Pub Finance Co. PLC, Series A4, 5.66%, 06/30/27	GBP		59		82,184
Wyndham Destinations, Inc.:
5.40%, 04/01/24	USD		13		12,697
5.75%, 04/01/27			64		59,046
Wyndham Hotels & Resorts, Inc., 5.38%, 04/15/26^(c)			121		116,462
Wynn Macau Ltd., 5.50%, 10/01/27^(c)^(g)			600		531,000
Yum! Brands, Inc.:
3.88%, 11/01/23			98		93,100
5.35%, 11/01/43			6		5,175

					19,400,931

Household Durables — 0.6%
Algeco Scotsman Global Finance PLC, 8.00%, 02/15/23^(c)^(g)			600		588,000


10

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Household Durables (continued)
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.13%, 07/01/22^(c)	USD		207	$	200,014
K Hovnanian Enterprises, Inc., 10.00%, 07/15/22^(c)			204		188,700
Lennar Corp.:
8.38%, 01/15/21			134		144,217
6.25%, 12/15/21^(g)			380		392,350
4.88%, 12/15/23			122		119,255
4.75%, 05/30/25			260		246,675
5.25%, 06/01/26			28		26,810
4.75%, 11/29/27			360		331,200
Mattamy Group Corp.^(c):
6.88%, 12/15/23			143		137,280
6.50%, 10/01/25			172		161,465
MDC Holdings, Inc., 6.00%, 01/15/43			122		94,703
Meritage Homes Corp., 5.13%, 06/06/27			77		67,760
PulteGroup, Inc., 6.38%, 05/15/33^(g)			469		430,307
Tempur Sealy International, Inc., 5.50%, 06/15/26^(g)			180		169,650
TRI Pointe Group, Inc.:
4.88%, 07/01/21			112		108,080
5.25%, 06/01/27			15		12,188
TRI Pointe Group, Inc./TRI Pointe Homes, Inc.:
4.38%, 06/15/19			110		109,417
5.88%, 06/15/24			11		9,858

					3,537,929

Household Products — 0.2%
ACCO Brands Corp., 5.25%, 12/15/24^(c)			85		78,413
Berkline Benchcraft LLC, 4.50%, 06/01/19^(a)			200		—
Spectrum Brands, Inc., 6.63%, 11/15/22^(g)			815		831,707

					910,120

Independent Power and Renewable Electricity Producers — 0.9%
AES Corp.:
4.50%, 03/15/23			187		185,364
4.88%, 05/15/23			157		156,019
6.00%, 05/15/26			317		326,510
5.13%, 09/01/27			277		272,845
Calpine Corp.:
5.38%, 01/15/23			406		384,685
5.88%, 01/15/24^(c)			320		320,000
5.75%, 01/15/25			120		110,400
5.25%, 06/01/26^(c)(g)			835		776,550
Clearway Energy Operating LLC:
5.38%, 08/15/24^(g)			312		295,620
5.75%, 10/15/25^(c)			196		188,650
Genneia SA, 8.75%, 01/20/22^(c)			293		273,955


Security		Par (000)		Value

Independent Power and Renewable Electricity Producers (continued)
NRG Energy, Inc.:
6.63%, 01/15/27^(g)	USD		841	$	856,701
5.75%, 01/15/28			236		230,100
TerraForm Power Operating LLC^(c):
4.25%, 01/31/23			181		171,950
6.63%, 06/15/25^(l)			30		30,900
5.00%, 01/31/28			181		162,049
Vistra Energy Corp.:
7.38%, 11/01/22			324		336,150
7.63%, 11/01/24			124		131,750

					5,210,198

Industrial Conglomerates — 0.2%
Algeco Global Finance PLC, 6.50%, 02/15/23	EUR		100		111,286
Apergy Corp., 6.38%, 05/01/26^(c)	USD		101		99,990
BWX Technologies, Inc., 5.38%, 07/15/26^(c)			153		148,410
Colfax Corp., 3.25%, 05/15/25	EUR		100		105,323
Vertiv Group Corp., 9.25%, 10/15/24^(c)(g)	USD		604		585,880

					1,050,889

Insurance — 1.6%
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 8.25%, 08/01/23^(c)(g)			947		962,985
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25^(g)			360		348,203
American International Group, Inc., 3.75%, 07/10/25^(g)			2,705		2,556,836
AmWINS Group, Inc., 7.75%, 07/01/26^(c)			191		190,045
Aon PLC, 3.88%, 12/15/25^(g)			1,115		1,087,065
Assicurazioni Generali SpA^(f):
(3 mo. Euribor + 7.11%), 7.75%, 12/12/42	EUR		100		127,936
(3 mo. Euribor + 5.35%), 5.50%, 10/27/47			100		113,481
AssuredPartners, Inc., 7.00%, 08/15/25^(c)	USD		16		15,100
Caisse Nationale de Reassurance Mutuelle Agricole Groupama, 6.00%, 01/23/27	EUR		100		126,908
Forethought Financial Group, Inc., 8.63%, 04/15/21^(c)(g)	USD		750		823,763
HUB International Ltd., 7.00%, 05/01/26^(c)(g)			764		727,710
Lincoln National Corp., 3.35%, 03/09/25^(g)			845		810,086
Muenchener Rueckversicherungs AG (3 mo. Euribor + 3.50%), 6.00%, 05/26/41^(f)	EUR		400		506,573


			11

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Insurance (continued)
Nationstar Mortgage Holdings, Inc.^(c):
8.13%, 07/15/23	USD		272	$	274,720
9.13%, 07/15/26			185		187,197
Nationwide Building Society, 4.13%, 10/18/32^(c)(e)(g)			595		521,451
USIS Merger Sub, Inc., 6.88%, 05/01/25^(c)			63		59,850

					9,439,909

Internet Software & Services — 0.4%
Equinix, Inc.:
2.88%, 03/15/24	EUR		100		113,737
5.88%, 01/15/26^(g)	USD		823		835,345
Netflix, Inc.:
4.38%, 11/15/26			92		84,651
5.88%, 11/15/28^(c)(g)			497		489,992
4.63%, 05/15/29	EUR		100		111,229
Rackspace Hosting, Inc., 8.63%, 11/15/24^(c)(g)	USD		154		130,130
Symantec Corp., 5.00%, 04/15/25^(c)			158		152,902
Uber Technologies, Inc., 7.50%, 11/01/23^(c)			122		119,255
United Group BV, 4.38%, 07/01/22	EUR		126		141,515

					2,178,756

IT Services — 0.9%
Banff Merger Sub, Inc.:
8.38%, 09/01/26			110		120,770
9.75%, 09/01/26^(c)(g)	USD		1,256		1,182,210
First Data Corp.^(c):
7.00%, 12/01/23^(g)			1,190		1,231,650
5.00%, 01/15/24			180		177,516
5.75%, 01/15/24^(g)			2,024		2,031,590
Gartner, Inc., 5.13%, 04/01/25^(c)			174		171,607
InterXion Holding NV, 4.75%, 06/15/25	EUR		100		116,552
WEX, Inc., 4.75%, 02/01/23^(c)	USD		177		174,823

					5,206,718

Leisure Products — 0.1%
Mattel, Inc.:
6.75%, 12/31/25^(c)			323		304,428
6.20%, 10/01/40			68		53,380
5.45%, 11/01/41			40		31,200

					389,008

Machinery — 0.4%
Mueller Water Products, Inc., 5.50%, 06/15/26^(c)			170		168,300
Platin 1426 GmbH, 5.38%, 06/15/23	EUR		109		115,754
RBS Global, Inc./Rexnord LLC, 4.88%, 12/15/25^(c)	USD		283		268,496


Security		Par (000)		Value

Machinery (continued)
SPX FLOW, Inc.^(c):
5.63%, 08/15/24	USD		271	$	261,515
5.88%, 08/15/26			139		132,745
Terex Corp., 5.63%, 02/01/25^(c)(g)			758		697,588
Titan Acquisition Ltd./Titan Co-Borrower LLC, 7.75%, 04/15/26^(c)(g)			525		430,500
Wabash National Corp., 5.50%, 10/01/25^(c)			241		214,490

					2,289,388

Media — 6.8%
Altice Financing SA^(c):
6.63%, 02/15/23			200		197,500
7.50%, 05/15/26^(g)			309		290,460
Altice France SA^(c):
7.38%, 05/01/26^(g)			1,746		1,676,160
8.13%, 02/01/27			853		835,940
Altice Luxembourg SA, 7.75%, 05/15/22^(c)(g)			1,265		1,204,912
AMC Networks, Inc., 4.75%, 08/01/25			514		478,041
Cablevision SA, 6.50%, 06/15/21^(c)			176		171,380
Cablevision Systems Corp., 8.00%, 04/15/20			125		130,000
CBS Radio, Inc., 7.25%, 11/01/24^(c)			15		14,363
CCO Holdings LLC/CCO Holdings Capital Corp.:
5.13%, 02/15/23^(g)			270		267,975
4.00%, 03/01/23^(c)(g)			670		637,974
5.13%, 05/01/23^(c)(g)			375		372,656
5.13%, 05/01/27^(c)(g)			2,133		2,021,017
5.00%, 02/01/28^(c)			145		135,031
Charter Communications Operating LLC/Charter Communications Operating Capital, 4.91%, 07/23/25^(g)			2,425		2,408,298
Clear Channel International BV, 8.75%, 12/15/20^(c)(g)			560		572,600
Clear Channel Worldwide Holdings, Inc.^(g):
6.50%, 11/15/22			3,007		3,045,921
Series B, 7.63%, 03/15/20			1,199		1,197,501
Comcast Corp., 3.95%, 10/15/25^(g)			3,000		2,988,202
CSC Holdings LLC:
6.75%, 11/15/21			187		195,883
10.13%, 01/15/23^(c)(g)			1,210		1,309,946
5.38%, 07/15/23^(c)(g)			1,109		1,100,682
5.25%, 06/01/24^(g)			523		496,850
7.75%, 07/15/25^(c)(g)			476		498,600
6.63%, 10/15/25^(c)(g)			235		244,372
10.88%, 10/15/25^(c)(g)			1,614		1,860,135
5.50%, 05/15/26^(c)(g)			990		958,753


12

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Media (continued)
CSC Holdings LLC (continued):
7.50%, 04/01/28^(c)	USD		479	$	493,360
Series 144S, 5.13%, 12/15/21^(c)			493		491,151
Discovery Communications LLC^(g):
3.25%, 04/01/23			1,490		1,430,724
3.45%, 03/15/25			170		158,348
DISH DBS Corp.:
6.75%, 06/01/21			295		299,794
5.88%, 07/15/22			902		860,282
5.00%, 03/15/23			358		313,250
5.88%, 11/15/24			245		208,250
DKT Finance ApS, 7.00%, 06/17/23	EUR		158		190,265
eircom Finance DAC, 4.50%, 05/31/22			100		115,078
Gray Escrow, Inc., 7.00%, 05/15/27^(c)	USD		237		240,579
Hughes Satellite Systems Corp.:
7.63%, 06/15/21			93		97,273
5.25%, 08/01/26^(g)			413		385,122
Inmarsat Finance PLC, 4.88%, 05/15/22^(c)			100		96,250
Intelsat Jackson Holdings SA:
5.50%, 08/01/23^(g)			916		808,370
8.50%, 10/15/24^(c)			1,059		1,048,516
9.75%, 07/15/25^(c)			806		832,195
Level 3 Parent LLC, 5.75%, 12/01/22			405		405,000
Live Nation Entertainment, Inc., 4.88%, 11/01/24^(c)			29		28,058
MDC Partners, Inc., 6.50%, 05/01/24^(c)			341		289,850
Meredith Corp., 6.88%, 02/01/26^(c)			154		157,465
Midcontinent Communications/Midcontinent Finance Corp., 6.88%, 08/15/23^(c)			233		241,155
Nielsen Finance LLC/Nielsen Finance Co., 5.00%, 04/15/22^(c)			329		321,729
Qualitytech LP/QTS Finance Corp., 4.75%, 11/15/25^(c)			146		138,335
Radiate Holdco LLC/Radiate Finance, Inc., 6.88%, 02/15/23^(c)			60		56,100
Sirius XM Radio, Inc., 5.00%, 08/01/27^(c)			237		222,780
TEGNA, Inc.:
5.13%, 10/15/19			105		105,063
5.50%, 09/15/24^(c)			66		66,165
Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28^(c)			400		366,000
Telenet Finance VI Luxembourg SCA, 4.88%, 07/15/27	EUR		90		109,051
Telesat Canada/Telesat LLC, 8.88%, 11/15/24^(c)	USD		241		257,267
Tribune Media Co., 5.88%, 07/15/22			302		305,775
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, 3.50%, 01/15/27	EUR		100		117,372


Security		Par (000)		Value

Media (continued)
Univision Communications, Inc.^(c):
5.13%, 05/15/23^(g)	USD		336	$	314,580
5.13%, 02/15/25			133		121,312
UPCB Finance IV Ltd.:
5.38%, 01/15/25^(c)			200		191,876
4.00%, 01/15/27	EUR		90		104,419
Videotron Ltd., 5.13%, 04/15/27^(c)	USD		326		308,885
Virgin Media Finance PLC, 5.75%, 01/15/25^(c)(g)			855		812,250
Virgin Media Receivables Financing Notes I DAC, 5.50%, 09/15/24	GBP		100		123,123
Virgin Media Secured Finance PLC:
5.13%, 01/15/25			100		127,744
5.50%, 01/15/25			180		230,512
5.25%, 01/15/26^(c)(g)	USD		355		332,369
5.50%, 08/15/26^(c)(g)			200		188,310
Ziggo Bond Co. BV, 5.88%, 01/15/25^(c)(g)			470		428,584
Ziggo BV:
4.25%, 01/15/27	EUR		100		111,950
5.50%, 01/15/27^(c)	USD		300		279,375

					40,242,413

Metals & Mining — 1.9%
Alcoa Nederland Holding BV, 6.13%, 05/15/28^(c)			200		195,000
Big River Steel LLC/BRS Finance Corp., 7.25%, 09/01/25^(c)			175		178,500
Cleveland-Cliffs, Inc., 4.88%, 01/15/24^(c)			188		175,780
Constellium NV^(c):
5.75%, 05/15/24			500		467,500
6.63%, 03/01/25^(g)			573		548,647
5.88%, 02/15/26			250		226,875
Freeport-McMoRan, Inc.:
4.00%, 11/14/21			240		233,700
3.55%, 03/01/22			692		658,265
3.88%, 03/15/23			1,292		1,203,175
4.55%, 11/14/24			163		151,386
5.40%, 11/14/34			161		135,240
5.45%, 03/15/43			1,262		1,031,685
Grinding Media, Inc./Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23^(c)(g)			626		627,565
Joseph T Ryerson & Son, Inc., 11.00%, 05/15/22^(c)			172		183,180
Kaiser Aluminum Corp., 5.88%, 05/15/24			112		111,440
Novelis Corp.^(c):
6.25%, 08/15/24^(g)			765		757,350
5.88%, 09/30/26			569		530,592
Steel Dynamics, Inc.:
5.25%, 04/15/23^(g)			200		199,750


			13

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Metals & Mining (continued)
Steel Dynamics, Inc. (continued):
5.50%, 10/01/24	USD		56	$	55,860
4.13%, 09/15/25			195		179,888
5.00%, 12/15/26			15		14,483
SunCoke Energy Partners LP/SunCoke Energy Partners Finance Corp., 7.50%, 06/15/25^(c)			278		273,135
Teck Resources Ltd.:
4.50%, 01/15/21			21		21,105
8.50%, 06/01/24^(c)^(g)			1,191		1,292,473
5.20%, 03/01/42^(g)			473		416,883
5.40%, 02/01/43			142		126,380
United States Steel Corp.:
6.88%, 08/15/25			262		247,451
6.25%, 03/15/26			323		295,342
Vale Overseas Ltd., 6.25%, 08/10/26			188		200,690
VM Holdings SA, 5.38%, 05/04/27^(c)			237		228,113

					10,967,433

Multi-Utilities — 0.3%
Brooklyn Union Gas Co., 3.41%, 03/10/26^(c)^(g)			1,475		1,416,062
NGL Energy Partners LP/NGL Energy Finance Corp., 5.13%, 07/15/19			144		143,640
Superior Plus LP/Superior General Partner, Inc., 7.00%, 07/15/26^(c)			314		309,290

					1,868,992

Offshore Drilling & Other Services — 0.0%
Entegris, Inc., 4.63%, 02/10/26^(c)			190		175,824


Oil, Gas & Consumable Fuels — 6.7%
Andeavor Logistics LP/Tesoro Logistics Finance Corp., 4.25%, 12/01/27			185		172,304
Antero Midstream Partners LP/Antero Midstream Finance Corp., 5.38%, 09/15/24			55		53,636
Antero Resources Corp.:
5.13%, 12/01/22			76		74,480
5.63%, 06/01/23			104		103,220
5.00%, 03/01/25			422		400,900
Ascent Resources Utica Holdings LLC/ARU Finance Corp.^(c):
10.00%, 04/01/22			135		142,763
7.00%, 11/01/26			200		187,500
Berry Petroleum Co. LLC, 7.00%, 02/15/26^(c)			292		277,394
Bruin E&P Partners LLC, 8.88%, 08/01/23^(c)			425		395,250
California Resources Corp., 8.00%, 12/15/22^(c)^(g)			694		531,777


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Callon Petroleum Co.:
6.13%, 10/01/24	USD		202	$	194,930
Series WI, 6.38%, 07/01/26			108		103,950
Carrizo Oil & Gas, Inc.:
6.25%, 04/15/23			188		179,070
8.25%, 07/15/25			311		316,442
Chaparral Energy, Inc., 8.75%, 07/15/23^(c)			276		260,820
Cheniere Corpus Christi Holdings LLC:
7.00%, 06/30/24^(g)			623		671,282
5.88%, 03/31/25			252		259,560
5.13%, 06/30/27^(g)			614		594,812
Cheniere Energy Partners LP, Series WI, 5.25%, 10/01/25			162		157,748
Chesapeake Energy Corp.:
6.63%, 08/15/20			208		208,520
4.88%, 04/15/22			76		70,680
7.00%, 10/01/24			652		606,360
8.00%, 01/15/25			348		334,950
7.50%, 10/01/26			172		159,530
8.00%, 06/15/27			832		790,400
Citgo Holding, Inc., 10.75%, 02/15/20^(c)			135		139,388
CNX Resources Corp., 5.88%, 04/15/22^(g)			2,601		2,545,729
Comstock Escrow Corp., 9.75%, 08/15/26^(c)			207		188,370
CONSOL Energy, Inc., 11.00%, 11/15/25^(c)^(g)			585		653,737
Covey Park Energy LLC/Covey Park Finance Corp., 7.50%, 05/15/25^(c)			305		288,225
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., 6.25%, 04/01/23			35		34,738
CrownRock LP/CrownRock Finance, Inc., 5.63%, 10/15/25^(c)^(g)			1,273		1,190,255
DCP Midstream Operating LP:
4.75%, 09/30/21^(c)			80		79,800
5.38%, 07/15/25			94		94,118
6.45%, 11/03/36^(c)			226		226,000
6.75%, 09/15/37^(c)			373		375,797
DEA Finance SA, 7.50%, 10/15/22	EUR		100		118,598
Denbury Resources, Inc.^(c):
9.25%, 03/31/22	USD		402		400,995
7.50%, 02/15/24			134		118,423
Diamond Offshore Drilling, Inc.:
7.88%, 08/15/25			184		164,220
5.70%, 10/15/39			31		19,840
4.88%, 11/01/43			286		168,740
Diamondback Energy, Inc.:
4.75%, 11/01/24			109		105,866
4.75%, 11/01/24^(c)			150		145,688
5.38%, 05/31/25			310		306,512


14

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Enbridge, Inc., 6.25%, 03/01/78^(e)	USD		1,565	$	1,389,093
Endeavor Energy Resources LP/EER Finance, Inc.^(c):
5.50%, 01/30/26			427		438,742
5.75%, 01/30/28			133		136,658
EnLink Midstream Partners LP:
4.40%, 04/01/24			240		228,961
4.15%, 06/01/25			24		21,722
4.85%, 07/15/26			213		194,428
5.05%, 04/01/45			75		57,016
5.45%, 06/01/47			208		165,912
Ensco Jersey Finance Ltd., 3.00%, 01/31/24			734		578,724
Ensco PLC, 5.75%, 10/01/44			30		18,450
EP Energy LLC/Everest Acquisition Finance, Inc.:
9.38%, 05/01/20			8		7,440
9.38%, 05/01/24^(c)			458		251,900
7.75%, 05/15/26^(c)^(g)			498		479,325
Extraction Oil & Gas, Inc.^(c):
7.38%, 05/15/24			82		72,160
5.63%, 02/01/26			537		418,860
Genesis Energy LP/Genesis Energy Finance Corp.:
6.50%, 10/01/25			95		85,975
6.25%, 05/15/26			158		139,040
Geopark Ltd., 6.50%, 09/21/24^(c)			200		190,000
Great Western Petroleum LLC/Great Western Finance, Inc., 9.00%, 09/30/21^(c)^(g)			877		806,840
Gulfport Energy Corp.:
6.63%, 05/01/23			77		74,690
6.38%, 01/15/26			113		100,853
Halcon Resources Corp., 6.75%, 02/15/25			417		320,047
Hess Corp., 4.30%, 04/01/27			50		45,703
Hess Infrastructure Partners LP/Hess Infrastructure Partners Finance Corp., 5.63%, 02/15/26^(c)			261		253,170
Impulsora Pipeline LLC, 6.05%, 12/31/42^(a)			1,500		1,465,537
Jagged Peak Energy LLC, 5.88%, 05/01/26^(c)			14		13,405
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26^(c)			112		108,360
Matador Resources Co., 5.88%, 09/15/26^(c)			387		367,650
MEG Energy Corp.^(c):
6.38%, 01/30/23			125		116,563
6.50%, 01/15/25^(g)			481		490,620
Nabors Industries, Inc., 5.75%, 02/01/25			155		125,743


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Neptune Energy Bondco PLC, 6.63%, 05/15/25^(c)	USD		200	$	188,000
New Enterprise Stone & Lime Co., Inc., 6.25%, 03/15/26^(c)			74		68,265
Newfield Exploration Co., 5.38%, 01/01/26			193		192,276
NGPL PipeCo LLC^(c):
4.88%, 08/15/27			278		265,490
7.77%, 12/15/37^(g)			354		407,100
Noble Holding International Ltd.:
7.75%, 01/15/24			192		168,000
7.88%, 02/01/26^(c)			898		837,385
5.25%, 03/15/42			118		75,520
Northern Oil and Gas, Inc., (8.75% Cash or 1.00% PIK), 9.50%, 05/15/23^(c)(h)			286		280,995
Odebrecht Offshore Drilling Finance^(c):
6.72%, 12/01/22^(b)(i)	BRL		81		75,553
7.72%, 12/01/26^(h)			8		2,256
Pacific Drilling First Lien Escrow Issuer Ltd., 8.38%, 10/01/23	USD		613		603,805
Parsley Energy LLC/Parsley Finance Corp.^(c):
6.25%, 06/01/24			73		72,818
5.38%, 01/15/25			316		302,570
5.25%, 08/15/25			77		72,765
5.63%, 10/15/27			377		358,150
PBF Holding Co. LLC/ PBF Finance Corp., 7.25%, 06/15/25			212		210,410
PDC Energy, Inc.:
1.13%, 09/15/21			888		816,328
6.13%, 09/15/24			24		23,040
5.75%, 05/15/26			151		140,808
Petrobras Global Finance BV:
6.13%, 01/17/22			114		116,932
5.30%, 01/27/25			172		162,265
8.75%, 05/23/26			176		197,648
6.00%, 01/27/28			189		177,499
Petroleos Mexicanos:
5.38%, 03/13/22			39		38,140
6.50%, 03/13/27			117		109,454
5.35%, 02/12/28^(c)			89		76,700
QEP Resources, Inc.:
6.88%, 03/01/21			68		71,315
5.38%, 10/01/22^(g)			377		375,115
5.25%, 05/01/23			18		17,190
5.63%, 03/01/26			509		466,371
Range Resources Corp.:
5.88%, 07/01/22^(g)			232		229,100
5.00%, 03/15/23			148		139,583
4.88%, 05/15/25			168		152,040
Resolute Energy Corp., 8.50%, 05/01/20			412		415,296
Rowan Cos., Inc., 4.88%, 06/01/22			234		210,600


			15

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
Sanchez Energy Corp.:
7.75%, 06/15/21^(g)	USD		1,234	$	360,945
7.25%, 02/15/23^(c)			117		100,035
SESI LLC, 7.13%, 12/15/21			85		80,325
Seven Generations Energy Ltd.^(c):
6.88%, 06/30/23			326		326,000
5.38%, 09/30/25^(g)			55		51,150
SM Energy Co.:
5.00%, 01/15/24			276		256,335
5.63%, 06/01/25^(g)			386		354,155
6.75%, 09/15/26			34		32,640
6.63%, 01/15/27			23		21,965
Southwestern Energy Co.:
6.20%, 01/23/25			179		171,616
7.50%, 04/01/26			178		179,335
7.75%, 10/01/27			396		400,435
Sunoco Logistics Partners Operations LP, 3.90%, 07/15/26^(g)			235		214,556
Sunoco LP/Sunoco Finance Corp.:
4.88%, 01/15/23			331		322,725
5.50%, 02/15/26			104		99,060
5.88%, 03/15/28			124		117,335
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.^(c):
4.75%, 10/01/23			26		25,675
5.50%, 09/15/24^(g)			462		463,155
5.50%, 01/15/28^(g)			1,103		1,083,697
Targa Resources Partners LP/Targa Resources Partners Finance Corp.:
5.25%, 05/01/23			15		14,963
5.13%, 02/01/25			68		65,620
5.88%, 04/15/26^(c)			338		336,310
5.00%, 01/15/28			356		329,019
Transcontinental Gas Pipe Line Co. LLC, 4.00%, 03/15/28^(g)			280		267,955
Transocean Guardian Ltd., 5.88%, 01/15/24^(c)			177		172,575
Transocean Pontus Ltd., 6.13%, 08/01/25^(c)			211		205,725
Transocean, Inc., 7.25%, 11/01/25^(c)			320		296,000
UGI International LLC, 3.25%, 11/01/25	EUR		100		113,776
Vantage Drilling International, 9.25%, 11/15/23^(c)	USD		132		131,670
W&T Offshore, Inc., 2018 Term Loan, 9.75%, 11/01/23^(c)			122		110,410
Whiting Petroleum Corp., 6.63%, 01/15/26			124		119,350
WildHorse Resource Development Corp., 6.88%, 02/01/25			160		156,000
WPX Energy, Inc.:
6.00%, 01/15/22			44		44,110
8.25%, 08/01/23			76		83,030


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
WPX Energy, Inc. (continued):
5.25%, 09/15/24	USD		84	$	79,800
YPF SA, 8.50%, 07/28/25			250		236,063

					39,317,201

Paper & Forest Products — 0.0%
Norbord, Inc., 6.25%, 04/15/23^(c)			152		152,190


Pharmaceuticals — 2.4%
AbbVie, Inc., 3.60%, 05/14/25^(g)			695		662,977
Allergan Funding SCS, 3.45%, 03/15/22			2,460		2,405,363
Bausch Health Cos., Inc.:
5.63%, 12/01/21^(c)			258		257,677
6.50%, 03/15/22^(c)			345		355,709
5.50%, 03/01/23^(c)			481		464,766
4.50%, 05/15/23	EUR		246		272,927
5.88%, 05/15/23^(c)^(g)	USD		872		849,110
7.00%, 03/15/24^(c)			476		498,015
6.13%, 04/15/25^(c)^(g)			1,362		1,278,509
5.50%, 11/01/25^(c)^(g)			571		561,007
9.00%, 12/15/25^(c)			144		151,920
Charles River Laboratories International, Inc., 5.50%, 04/01/26^(c)			127		127,000
CVS Health Corp.^(g):
4.75%, 12/01/22			165		170,221
4.10%, 03/25/25			2,355		2,317,344
Elanco Animal Health, Inc.^(c):
4.27%, 08/28/23			130		129,016
4.90%, 08/28/28			139		139,824
Endo Dac/Endo Finance LLC/Endo Finco, Inc., 6.00%, 07/15/23^(c)^(g)			233		193,423
Endo DAC/Endo Finance LLC/Endo Finco, Inc., 5.88%, 10/15/24^(c)			205		203,592
Endo Finance LLC/Endo Finco, Inc.^(c):
7.25%, 01/15/22			121		113,135
5.38%, 01/15/23			65		53,463
Jaguar Holding Co. II/Pharmaceutical Product Development LLC, 6.38%, 08/01/23^(c)^(g)			1,179		1,168,684
MEDNAX, Inc., 6.25%, 01/15/27^(c)			86		85,656
Nidda BondCo GmbH, 7.25%, 09/30/25	EUR		100		110,271
Rossini Sarl, 6.75%, 10/30/25			184		208,369
Syneos Health, Inc./inVentiv Health, Inc./inVentiv Health Clinical, Inc., 7.50%, 10/01/24^(c)	USD		162		170,100
Synlab Bondco PLC, 6.25%, 07/01/22	EUR		100		116,049
Valeant Pharmaceuticals International, 8.50%, 01/31/27^(c)^(g)	USD		591		611,685


16

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Pharmaceuticals (continued)
Valeant Pharmaceuticals International, Inc., 9.25%, 04/01/26^(c)	USD		218	$	232,102

					13,907,914

Real Estate — 0.0%
Prologis LP, 3.75%, 11/01/25^(g)			255		252,646


Real Estate Management & Development — 0.2%
ADLER Real Estate AG:
1.88%, 04/27/23	EUR		100		107,838
2.13%, 02/06/24			100		107,099
3.00%, 04/27/26			100		107,440
Greystar Real Estate Partners LLC, 5.75%, 12/01/25^(c)	USD		174		165,300
Howard Hughes Corp., 5.38%, 03/15/25^(c)			218		206,555
Newmark Group, Inc., 6.13%, 11/15/23^(c)			106		104,164
Realogy Group LLC/Realogy Co-Issuer Corp., 4.50%, 04/15/19^(c)^(g)			301		300,624
Residomo SRO, 3.38%, 10/15/24	EUR		100		112,010

					1,211,030

Road & Rail — 0.8%
Avis Budget Finance PLC, 4.75%, 01/30/26			100		108,540
CMA CGM SA, 5.25%, 01/15/25			100		94,416
EC Finance PLC, 2.38%, 11/15/22			200		222,277
Flexi-Van Leasing, Inc., 10.00%, 02/15/23^(c)	USD		169		139,002
Herc Rentals, Inc.^(c):
7.50%, 06/01/22			112		117,320
7.75%, 06/01/24			106		112,023
Hertz Corp., 7.63%, 06/01/22^(c)			404		396,930
Hertz Holdings Netherlands BV, 5.50%, 03/30/23	EUR		100		112,627
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34^(c)^(g)	USD		3,000		2,985,030
Loxam SAS, 3.50%, 05/03/23	EUR		100		114,356
United Rentals North America, Inc.:
4.63%, 07/15/23	USD		160		159,000
4.63%, 10/15/25			383		354,639
5.88%, 09/15/26			26		25,252

					4,941,412

Semiconductors & Semiconductor Equipment — 1.0%
Advanced Micro Devices, Inc., 7.50%, 08/15/22			73		79,479
Analog Devices, Inc.^(g):
3.90%, 12/15/25			375		365,471
3.50%, 12/05/26			275		257,449
Applied Materials, Inc., 3.90%, 10/01/25^(g)			285		282,949


Security		Par (000)		Value

Semiconductors & Semiconductor Equipment (continued)
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.63%, 01/15/24^(g)	USD		1,515	$	1,432,216
Microchip Technology, Inc., 1.63%, 02/15/25^(m)			506		739,037
ON Semiconductor Corp., 1.00%, 12/01/20^(m)			498		593,361
Qorvo, Inc., 5.50%, 07/15/26^(c)			422		409,340
QUALCOMM, Inc., 3.45%, 05/20/25^(g)			1,570		1,494,628
Sensata Technologies BV^(c):
5.63%, 11/01/24			179		179,448
5.00%, 10/01/25^(g)			278		267,575

					6,100,953

Software — 1.9%
ACI Worldwide, Inc., 5.75%, 08/15/26^(c)			554		549,845
CA, Inc., 3.60%, 08/15/22^(g)			555		544,609
CDK Global, Inc., 4.88%, 06/01/27			709		661,142
Citrix Systems, Inc., 0.50%, 04/15/19^(m)			140		210,410
Genesys Telecommunications Laboratories, Inc./Greeneden Lux 3 Sarl/Greeneden US Ho, 10.00%, 11/30/24^(c)^(g)			749		808,920
Infor Software Parent LLC/Infor Software Parent, Inc., (7.13% Cash or 7.88% PIK), 7.13%, 05/01/21^(c)(g)(h)			545		543,638
Infor US, Inc., 6.50%, 05/15/22^(g)			2,303		2,291,485
Informatica LLC, 7.13%, 07/15/23^(c)^(g)			1,725		1,729,312
Nuance Communications, Inc.:
5.38%, 08/15/20^(c)^(g)			24		24,045
6.00%, 07/01/24			174		173,130
5.63%, 12/15/26			143		137,323
PTC, Inc., 6.00%, 05/15/24			227		233,243
RP Crown Parent LLC, 7.38%, 10/15/24^(c)			480		486,600
Solera LLC/Solera Finance, Inc., 10.50%, 03/01/24^(c)^(g)			1,762		1,898,555
Sophia LP/Sophia Finance, Inc., 9.00%, 09/30/23^(c)^(g)			303		312,090
TIBCO Software, Inc., 11.38%, 12/01/21^(c)^(g)			784		830,060

					11,434,407

Specialty Retail — 0.3%
Asbury Automotive Group, Inc., 6.00%, 12/15/24^(g)			334		325,232
Catalent Pharma Solutions, Inc., 4.88%, 01/15/26^(c)			324		306,990
Group 1 Automotive, Inc.:
5.00%, 06/01/22^(g)			155		151,125
5.25%, 12/15/23^(c)			18		17,415
Hexion, Inc., 6.63%, 04/15/20			109		90,061


			17

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Specialty Retail (continued)
L Brands, Inc.:
6.88%, 11/01/35^(g)	USD		401	$	339,597
6.75%, 07/01/36			71		59,108
Penske Automotive Group, Inc., 5.50%, 05/15/26			32		29,600
PVH Corp., 3.13%, 12/15/27	EUR		100		108,072
Tendam Brands SAU, 5.00%, 09/15/24			100		104,436

					1,531,636

Technology Hardware, Storage & Peripherals — 0.4%
Dell International LLC/EMC Corp.^(c)^(g):
4.42%, 06/15/21	USD		40		40,020
7.13%, 06/15/24			651		680,425
6.02%, 06/15/26			135		136,474
8.35%, 07/15/46			80		88,183
Hewlett Packard Enterprise Co., 4.90%, 10/15/25^(g)			375		376,311
Western Digital Corp., 4.75%, 02/15/26^(g)			1,099		1,005,585

					2,326,998

Textiles, Apparel & Luxury Goods — 0.0%
SMCP Group SAS, 5.88%, 05/01/23	EUR		49		57,221


Thrifts & Mortgage Finance — 0.1%
Jerrold Finco PLC, 6.25%, 09/15/21	GBP		100		126,890
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.^(c):
5.25%, 03/15/22	USD		23		22,770
5.25%, 10/01/25			284		258,440

					408,100

Transportation Infrastructure — 0.1%
Rumo Luxembourg Sarl, 7.38%, 02/09/24^(c)			293		302,083
Transurban Finance Co. Property Ltd., 4.13%, 02/02/26^(c)^(g)			435		426,660

					728,743

Utilities — 0.1%
ContourGlobal Power Holdings SA, 3.38%, 08/01/23	EUR		100		108,104
Generacion Mediterranea SA/Generacion Frias SA/Central Termica Roca SA, 9.63%, 07/27/23^(c)	USD		293		246,855
Stoneway Capital Corp., 10.00%, 03/01/27^(c)^(g)			282		253,400


Security		Par (000)		Value

Utilities (continued)
Vistra Operations Co. LLC, 5.50%, 09/01/26^(c)	USD		210	$	206,588

					814,947

Wireless Telecommunication Services — 2.3%
Comunicaciones Celulares SA Via Comcel Trust, 6.88%, 02/06/24^(c)			2,073		2,099,348
CoreCivic, Inc., 4.75%, 10/15/27			169		142,805
CyrusOne LP/CyrusOne Finance Corp., 5.38%, 03/15/27			66		64,680
Equinix, Inc., 2.88%, 10/01/25	EUR		100		109,514
Frontier Communications Corp., 8.50%, 04/01/26^(c)	USD		377		342,154
Iron Mountain, Inc., 3.00%, 01/15/25	EUR		100		109,310
Matterhorn Telecom SA, 3.88%, 05/01/22			100		111,042
Radiate Holdco LLC/Radiate Finance, Inc., 6.63%, 02/15/25^(c)	USD		215		193,500
Rogers Communications, Inc., 5.00%, 03/15/44^(g)			545		548,894
SBA Communications Corp.:
4.00%, 10/01/22			401		386,965
4.88%, 09/01/24			908		880,896
Sprint Capital Corp.:
6.90%, 05/01/19			135		136,519
8.75%, 03/15/32^(g)			552		599,610
Sprint Communications, Inc., 7.00%, 03/01/20^(c)^(g)			904		934,510
Sprint Corp.^(g):
7.88%, 09/15/23			1,290		1,357,338
7.13%, 06/15/24			1,910		1,938,650
7.63%, 02/15/25			207		212,951
7.63%, 03/01/26			863		884,575
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC, 3.36%, 03/20/23^(c)^(g)			390		385,612
T-Mobile USA, Inc.:
4.00%, 04/15/22			197		193,799
6.38%, 03/01/25			282		290,107
6.50%, 01/15/26			227		235,513
4.50%, 02/01/26^(g)			489		458,902
4.75%, 02/01/28^(g)			503		465,803
Wind Tre SpA:
2.63%, 01/20/23	EUR		100		102,738
3.13%, 01/20/25			100		100,757


18

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Wireless Telecommunication Services (continued)
Xplornet Communications, Inc., (9.63% Cash or 10.63% PIK), 9.63%, 06/01/22^(c)(h)	USD		128	$	127,578

					13,414,070


Total Corporate Bonds — 58.5% (Cost — $358,041,407)					345,022,969


Floating Rate Loan Interests^(d) — 40.7%

Aerospace & Defense — 0.5%
Accudyne Industries LLC, 2017 Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 08/18/24			1,188		1,168,678
Atlantic Aviation FBO, Inc., 2018 Term Loan B, 11/29/25^(a)(n)			397		396,008
DAE Aviation Holdings, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.09%, 07/07/22			158		157,802
TransDigm, Inc.:
2018 Term Loan E, (1 mo. LIBOR + 2.50%), 4.84%, 05/30/25			261		253,737
2018 Term Loan F, (1 mo. LIBOR + 2.50%), 4.84%, 06/09/23			788		767,601
WP CPP Holdings LLC, 2018 Term Loan, (3 mo. LIBOR + 3.75%, 1.00% Floor), 6.28%, 04/30/25			189		187,346

					2,931,172

Air Freight & Logistics — 0.1%
Avolon TLB Borrower 1 (US) LLC, Term Loan B3, (1 mo. LIBOR + 2.00%), 4.30%, 01/15/25			200		197,317
XPO Logistics, Inc., 2018 Term Loan B, (3 mo. LIBOR + 2.00%), 4.51%, 02/24/25			206		204,091

					401,408

Auto Components — 0.1%
USI, Inc., 2017 Repriced Term Loan, (3 mo. LIBOR + 3.00%), 5.39%, 05/16/24			664		646,690


Automobiles — 0.1%
CH Hold Corp.,:
1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 02/01/24			401		398,560


Security		Par (000)		Value

Automobiles (continued)
CH Hold Corp.,(continued):
2nd Lien Term Loan, (1 mo. LIBOR + 7.25%, 1.00% Floor), 9.59%, 02/01/25^(a)	USD		110	$	109,725

					508,285

Banks — 0.1%
Capri Finance LLC, 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.25%), 5.78%, 11/01/24^(a)			640		628,961


Beverages — 0.0%
Jacobs Douwe Egberts International BV, 2018 USD Term Loan B, (3 mo. LIBOR + 2.00%), 4.56%, 11/01/25^(a)			255		252,706


Building Materials — 0.1%
Allied Universal HoldCo LLC, 2015 Term Loan, (3 mo. LIBOR + 3.75%, 1.00% Floor), 6.14%, 07/28/22			226		221,408
Foundation Building Materials LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 5.56%, 08/13/25^(a)			273		266,678
USAGM HoldCo LLC, 2015 2nd Lien Term Loan, (1 mo. LIBOR + 8.50%, 1.00% Floor), 10.84%, 07/28/23			290		286,375

					774,461

Building Products — 0.3%
Continental Building Products LLC, 2017 1st Lien Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 08/18/23			126		123,942
CPG International, Inc., 2017 Term Loan, (6 mo. LIBOR + 3.75%, 1.00% Floor), 6.25%, 05/05/24			477		470,402
Jeld-Wen, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 2.00%), 4.39%, 12/14/24			356		352,613
Wilsonart LLC, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.64%, 12/19/23			649		637,715

					1,584,672

Capital Markets — 0.3%
Duff & Phelps Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 02/13/25			269		264,889
Fortress Investment Group LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 12/27/22			424		419,678
Greenhill & Co., Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.75%, 1.00% Floor), 6.21%, 10/12/22			411		410,474


			19

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Capital Markets (continued)
RPI Finance Trust, Term Loan B6, (3 mo. LIBOR + 2.00%), 4.39%, 03/27/23	USD		837	$	829,251

					1,924,292

Chemicals — 1.8%
Alpha 3 BV, 2017 Term Loan B1, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.39%, 01/31/24			1,480		1,472,368
Axalta Coating Systems US Holdings, Inc., Term Loan, (3 mo. LIBOR + 1.75%), 4.14%, 06/01/24			911		894,737
Charter NEX US Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 05/16/24			480		469,489
Chemours Co. (The), 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 4.10%, 04/03/25			668		658,576
Element Materials Technology Group US Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 06/28/24			213		212,854
Encapsys LLC, 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 11/07/24			333		330,548
Evergreen Acqco 1 LP, Term Loan, (3 mo. LIBOR + 3.75%), 6.22%, 07/09/19			100		95,758
Invictus US LLC:
1st Lien Term Loan, (2 mo. LIBOR + 3.00%), 5.50%, 03/28/25			525		521,467
2nd Lien Term Loan, (2 mo. LIBOR + 6.75%), 9.25%, 03/25/26			135		134,494
MacDermid, Inc.,:
Term Loan B6, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 06/07/23			468		468,095
Term Loan B7, (1 mo. LIBOR + 2.50%, 1.00% Floor), 4.84%, 06/07/20			571		570,321
Messer Industries LLC, 2018 USD Term Loan, 10/01/25⁽ⁿ⁾			1,410		1,387,976
Oxea Holding Drei GmbH, 2017 Term Loan B2, (3 mo. LIBOR + 3.50%), 5.94%, 10/11/24^(a)			1,145		1,130,704
PQ Corp., 2018 Term Loan B, (3 mo. LIBOR + 2.50%), 5.03%, 02/08/25			937		923,988
Starfruit Finco BV, 2018 USD Term Loan B, (1 mo. LIBOR + 3.25%), 5.55%, 10/01/25			525		517,125
Tata Chemicals North America, Inc., Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 08/07/20^(a)			476		470,877


Security		Par (000)		Value

Chemicals (continued)
Vectra Co., 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 03/08/25	USD		318	$	312,272

					10,571,649

Commercial Services & Supplies — 2.4%
Advanced Disposal Services, Inc., Term Loan B3, (1 Week LIBOR + 2.25%), 4.47%, 11/10/23			982		971,030
Aramark Services, Inc., 2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 4.09%, 03/11/25			663		657,769
Asurion LLC:
2017 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%), 8.84%, 08/04/25			731		744,399
2017 Term Loan B4, (1 mo. LIBOR + 3.00%), 5.34%, 08/04/22			216		213,733
2018 Term Loan B6, (1 mo. LIBOR + 3.00%), 5.34%, 11/03/23			1,375		1,359,777
2018 Term Loan B7, (1 mo. LIBOR + 3.00%), 5.34%, 11/03/24			391		386,621
Camelot UK Holdco Ltd., 2017 Repriced Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 10/03/23			618		610,498
Catalent Pharma Solutions, Inc., Term Loan B, (1 mo. LIBOR + 2.25%, 1.00% Floor), 4.59%, 05/20/24			744		737,803
Creative Artists Agency LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.30%, 02/15/24			949		940,779
Dealer Tire LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.65%, 12/22/21			268		266,612
EnergySolutions LLC, 2018 Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 6.14%, 05/09/25^(a)			192		186,742
Garda World Security Corp., 2017 Term Loan, (PRIME + 3.50%), 5.82%, 05/24/24			278		275,378
GFL Environmental, Inc.:
2018 Term Loan, 05/30/25⁽ⁿ⁾			14		13,992
2018 USD Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.39%, 05/30/25			967		940,394
Harland Clarke Holdings Corp., Term Loan, (3 mo. LIBOR + 4.75%, 1.00% Floor), 7.14%, 11/03/23			263		241,927
KAR Auction Services, Inc., Term Loan B5, (3 mo. LIBOR + 2.50%), 4.94%, 03/09/23			497		492,010


20

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Commercial Services & Supplies (continued)
Multi Color Corp., 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 10/31/24	USD		250	$	245,871
Prime Security Services Borrower LLC, 2016 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 05/02/22			1,474		1,456,659
Verscend Holding Corp., 2018 Term Loan B, (1 mo. LIBOR + 4.50%), 6.84%, 08/27/25			2,109		2,105,219
West Corp., 2017 Term Loan, (1 mo. LIBOR + 4.00%, 1.00% Floor), 6.53%, 10/10/24			1,075		1,031,772
West Corporation, 2018 Term Loan B1, (3 mo. LIBOR + 3.50%, 1.00% Floor), 6.03%, 10/10/24			100		97,070

					13,976,055

Communications Equipment — 0.4%
Avantor, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.07%, 11/21/24			1,190		1,187,945
Avaya, Inc., 2018 Term Loan B, (1 mo. LIBOR + 4.25%), 6.61%, 12/15/24			515		507,487
Ciena Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.30%, 09/26/25			177		176,227
CommScope, Inc., Term Loan B5, (1 mo. LIBOR + 2.00%), 4.35%, 12/29/22			141		139,245
Securus Technologies Holdings, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.84%, 11/01/24			84		82,481

					2,093,385

Construction & Engineering — 0.5%
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (3 mo. LIBOR + 4.25%, 1.00% Floor), 6.73%, 06/21/24			1,867		1,833,991
Engility Corp., Term Loan B1, (PRIME + 1.25%), 4.59%, 08/12/20			60		59,848
Pike Corp., 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.85%, 03/23/25			342		341,582
Ply Gem Midco, Inc., 2018 Term Loan, (3 mo. LIBOR + 3.75%), 6.18%, 04/12/25			130		127,075
SRS Distribution, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 05/23/25			403		387,279


Security		Par (000)		Value

Construction & Engineering (continued)
USIC Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 12/08/23	USD		406	$	398,281

					3,148,056

Construction Materials — 0.4%
Core & Main LP, 2017 Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.53%, 08/01/24^(a)			936		924,448
Filtration Group Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.34%, 03/29/25			1,417		1,404,832
GYP Holdings III Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 06/01/25			128		123,608

					2,452,888

Containers & Packaging — 0.4%
Berry Global, Inc.:
2018 Term Loan S, (1 mo. LIBOR + 1.75%), 4.07%, 02/08/20			195		193,068
Term Loan Q, (1 mo. LIBOR + 2.00%), 4.32%, 10/01/22			1,077		1,063,567
BWAY Holding Co., 2017 Term Loan B, (3 mo. LIBOR + 3.25%), 5.66%, 04/03/24			560		543,714
Flex Acquisition Co., Inc., 2018 Incremental Term Loan, (1 mo. LIBOR + 3.25%), 5.55%, 06/29/25			644		633,749

					2,434,098

Distributors — 0.3%
American Builders & Contractors Supply Co., Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 10/31/23			923		899,631
TriMark USA LLC, 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.85%, 08/28/24			1,079		1,007,507

					1,907,138

Diversified Consumer Services — 1.2%
AI Aqua Merger Sub, Inc.,:
2017 1st Lien Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 12/13/23			463		457,614
2017 Incremental Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 12/13/23			239		235,135
Ascend Learning LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 07/12/24			376		371,185
Bright Horizons Family Solutions, Inc., 2017 Term Loan B, (3 mo. LIBOR + 1.75%), 4.09%, 11/07/23			511		507,982


			21

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Diversified Consumer Services (continued)
CHG PPC Parent LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 03/31/25^(a)	USD		234	$	231,189
Equian LLC, Add on Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.57%, 05/20/24			546		541,760
Genuine Financial Holdings LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 3.75%), 6.14%, 07/12/25			459		454,984
Nomad Foods Europe Midco Ltd., 2017 Term Loan B4, (1 mo. LIBOR + 2.25%), 4.56%, 05/15/24			522		510,972
Serta Simmons Bedding LLC,:
1st Lien Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.81%, 11/08/23			780		687,793
2nd Lien Term Loan, (1 mo. LIBOR + 8.00%, 1.00% Floor), 10.32%, 11/08/24			296		220,606
ServiceMaster Co., 2016 Term Loan B, (1 mo. LIBOR + 2.50%), 4.84%, 11/08/23			289		287,646
Spin Holdco, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 11/14/22			664		650,344
Uber Technologies, 2018 Term Loan, (1 mo. LIBOR + 4.00%, 1.00% Floor), 6.32%, 04/04/25			434		428,489
Weight Watchers International, Inc., 2017 Term Loan B, (3 mo. LIBOR + 4.75%), 7.15%, 11/29/24			1,338		1,338,786

					6,924,485

Diversified Financial Services — 0.7%
AlixPartners LLP, 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 04/04/24			1,389		1,373,829
CRCI Longhorn Holdings, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.82%, 08/08/25^(a)			249		246,821
Edelman Financial Center LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 3.25%), 5.69%, 07/21/25			253		250,629
EG Finco Ltd., 2018 Term Loan, (3 mo. LIBOR + 4.00%), 6.39%, 02/07/25			740		730,231
Kingpin Intermediate Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 07/03/24^(a)			575		571,725
LTI Holdings, Inc., 2018 Add On 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.84%, 09/06/25			337		331,524


Security		Par (000)		Value

Diversified Financial Services (continued)
Oryx Southern Delaware Holdings LLC, Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 02/28/25	USD		150	$	145,007
SSH Group Holdings, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.25%), 6.77%, 07/30/25^(a)			249		245,888

					3,895,654

Diversified Telecommunication Services — 1.5%
CenturyLink, Inc.:
2017 Term Loan A, (1 mo. LIBOR + 2.75%), 5.09%, 11/01/22			521		516,509
2017 Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 01/31/25			948		919,708
Consolidated Communications, Inc., 2016 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.35%, 10/04/23			138		131,940
Frontier Communications Corp., Delayed Draw Term Loan A, (1 mo. LIBOR + 2.75%), 5.10%, 03/31/21			769		734,644
Hargray Communications Group, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 05/16/24			555		549,684
Level 3 Financing, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.56%, 02/22/24			839		828,258
MTN Infrastructure TopCo, Inc, 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 11/15/24			607		601,889
Sprint Communications, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 2.50%), 4.88%, 02/02/24			1,169		1,152,557
TDC A/S, Term Loan, (1 Week EURIBOR + 3.50%), 3.50%, 06/04/25	EUR		819		924,175
Telenet Financing USD LLC, Term Loan AN, (1 mo. LIBOR + 2.25%), 4.56%, 08/15/26	USD		1,390		1,364,188
Zayo Group LLC:
2017 Incremental Term Loan, (1 mo. LIBOR + 2.25%, 1.00% Floor), 4.59%, 01/19/24			95		94,050
2017 Term Loan B1, (1 mo. LIBOR + 2.00%), 4.34%, 01/19/21			767		761,541

					8,579,143

Electric Utilities — 0.3%
Dayton Power & Light Co., Term Loan B, (1 mo. LIBOR + 2.00%), 4.35%, 08/24/22			239		238,214
TEX Operations Co. LLC, Exit Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 08/04/23			647		637,569


22

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Electric Utilities (continued)
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc., Term Loan, 11/10/19^(a)(n)	USD		780	$	—
Vistra Energy Corp., 1st Lien Term Loan B3, (1 mo. LIBOR + 2.00%), 4.31%, 12/31/25			1,053		1,035,925
Vistra Operations Co. LLC, 2016 Term Loan B2, (1 mo. LIBOR + 2.25%), 4.59%, 12/14/23			151		149,379

					2,061,087

Electrical Equipment — 0.3%
AL Alpine AT Bidco GmbH, 2018 Term Loan B, 09/30/25^(a)(n)			236		231,870
EXC Holdings III Corp., 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.50%, 1.00% Floor), 5.89%, 12/02/24			298		295,517
Gates Global LLC, 2017 Repriced Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 04/01/24			1,171		1,150,740
MLN US HoldCo LLC, 2018 1st Lien Term Loan, 07/11/25⁽ⁿ⁾			289		288,459

					1,966,586

Electronic Equipment, Instruments & Components — 0.1%
GrafTech Finance, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 02/12/25^(a)			573		564,874
Zebra Technologies Corporation, 2018 Term Loan B, (3 mo. LIBOR + 1.75%), 4.09%, 10/27/21			125		124,682

					689,556

Energy Equipment & Services — 0.3%
Gavilan Resources LLC, 2nd Lien Term Loan, (1 mo. LIBOR + 6.00%, 1.00% Floor), 8.31%, 03/01/24			547		462,773
Ocean Rig UDW, Inc., Term Loan, (Fixed + 8.00%), 8.00%, 09/20/24			44		46,436
Pioneer Energy Services Corp., Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 10.06%, 11/08/22^(a)			260		264,550
Seadrill Partners Finco LLC, Term Loan B, (3 mo. LIBOR + 6.00%, 1.00% Floor), 8.39%, 02/21/21			269		229,476
Weatherford International Ltd., Term Loan, (1 mo. LIBOR + 1.42%), 3.78%, 07/13/20			396		387,707


Security		Par (000)		Value

Energy Equipment & Services (continued)
Woodford Express LLC, 2018 Term Loan B, (1 mo. LIBOR + 5.00%, 1.00% Floor), 7.34%, 01/17/25	USD		358	$	352,977

					1,743,919

Equity Real Estate Investment Trusts (REITs) — 0.8%
Capital Automotive LP, 2017 1st Lien Term Loan, (1 mo. LIBOR + 2.50%, 1.00% Floor), 4.85%, 03/24/24			245		241,260
Iron Mountain, Inc., 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 4.09%, 01/02/26			680		665,264
MGM Growth Properties Operating Partnership LP, 2016 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 03/21/25			1,365		1,338,709
RHP Hotel Properties LP, 2017 Term Loan B, (3 mo. LIBOR + 2.00%), 4.44%, 05/11/24			404		399,981
VICI Properties 1 LLC, Replacement Term Loan B, (1 mo. LIBOR + 2.00%), 4.31%, 12/20/24			1,873		1,840,250

					4,485,464

Food & Staples Retailing — 0.4%
Albertsons LLC, Term Loan B7, (3 mo. LIBOR + 3.00%), 5.45%, 11/17/25			559		546,274
Hearthside Food Solutions LLC:
2018 Incremental Term Loan, 05/31/25⁽ⁿ⁾			549		542,137
2018 Term Loan B, (1 mo. LIBOR + 3.68%), 6.03%, 05/23/25			274		266,096
Hostess Brands LLC, 2017 Repriced Term Loan, (2 mo. LIBOR + 2.25%), 4.70%, 08/03/22			646		629,159
US Foods, Inc., 2016 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 06/27/23			650		641,614

					2,625,280

Food Products — 0.8%
8th Avenue Food & Provisions, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.05%, 10/01/25			188		187,686
CFSP Acquisition Corp.^(a):
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.32%, 03/20/25			173		168,783


			23

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Food Products (continued)
Chobani LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 10/10/23	USD		1,421	$	1,334,597
JBS USA LLC, 2017 Term Loan B, (3 mo. LIBOR + 2.50%), 4.84%, 10/30/22			1,610		1,586,661
Post Holdings, Inc., 2017 Series A Incremental Term Loan, (1 mo. LIBOR + 2.00%), 4.32%, 05/24/24			364		361,733
Reynolds Group Holdings, Inc., 2017 Term Loan, (1 mo. LIBOR + 2.75%), 5.09%, 02/05/23			1,330		1,312,724

					4,952,184

Gas Utilities — 0.1%
AL Midcoast Holdings LLC, 2018 Term Loan B, (2 mo. LIBOR + 5.50%), 7.89%, 07/31/25			464		454,916


Health Care Equipment & Supplies — 1.1%
CryoLife, Inc., Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.64%, 11/14/24^(a)			581		577,710
DJO Finance LLC, 2015 Term Loan, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.62%, 06/08/20			2,132		2,127,018
Immucor, Inc., Extended Term Loan B, (3 mo. LIBOR + 5.00%, 1.00% Floor), 7.39%, 06/15/21^(a)			1,182		1,185,268
Mallinckrodt International Finance SA, Term Loan B, (3 mo. LIBOR + 2.75%), 5.14%, 09/24/24			445		425,019
Ortho-Clinical Diagnostics SA, 2018 Term Loan B, (3 mo. LIBOR + 3.25%), 5.58%, 06/30/25			1,986		1,934,488

					6,249,503

Health Care Providers & Services — 2.1%
Acadia Healthcare Co., Inc.:
2018 Term Loan B3, (1 mo. LIBOR + 2.50%), 4.84%, 02/11/22			126		124,978
2018 Term Loan B4, (1 mo. LIBOR + 2.50%), 4.84%, 02/16/23			417		412,368
AHP Health Partners, Inc., 2018 Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.84%, 06/30/25			259		257,838
Auris Luxembourg III Sarl, 2017 Term Loan B7, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.39%, 01/17/22^(a)			845		840,716
CHG Healthcare Services, Inc., 2017 1st Lien Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.46%, 06/07/23			1,145		1,140,846


Security		Par (000)		Value

Health Care Providers & Services (continued)
Concentra, Inc.:
2018 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 5.07%, 06/01/22	USD		605	$	597,819
2018 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%, 1.00% Floor), 8.82%, 06/01/23			624		624,780
DaVita HealthCare Partners, Inc., Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 06/24/21			250		248,665
DentalCorp Perfect Smile ULC,:
1st Lien Delayed Draw Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 4.82%, 06/06/25			73		32,975
1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.09%, 06/06/25			291		288,927
Diplomat Pharmacy, Inc., 2017 Term Loan B, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.85%, 12/20/24			314		313,193
Envision Healthcare Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.09%, 10/10/25			1,180		1,132,588
Gentiva Health Services, Inc.^(a):
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.13%, 07/02/25			355		354,234
2018 2nd Lien Term Loan, (1 mo. LIBOR + 7.00%), 9.38%, 07/02/26			86		86,250
HC Group Holdings III, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.75%), 6.09%, 04/07/22			810		808,634
HCA, Inc.:
2018 Term Loan B10, (1 mo. LIBOR + 2.00%), 4.34%, 03/13/25			149		148,690
Term Loan B11, (1 mo. LIBOR + 1.75%), 4.09%, 03/18/23			777		772,271
Lifescan Global Corp., 2018 1st Lien Term Loan, (3 mo. LIBOR + 6.00%), 8.40%, 09/27/24			115		110,161
MPH Acquisition Holdings LLC, 2016 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 5.14%, 06/07/23			1,069		1,047,723
nThrive, Inc., 2016 1st Lien Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.84%, 10/20/22			602		602,153
NVA Holdings, Inc., Term Loan B3, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 02/02/25			682		664,157


24

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Health Care Providers & Services (continued)
ScribeAmerica Intermediate Holdco LLC, 2018 Term Loan, (1 mo. LIBOR + 4.50%), 6.81%, 04/03/25	USD		257	$	254,751
Team Health Holdings, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 02/06/24			622		579,529
Universal Hospital Services, Inc., Term Loan, 10/18/25^(a)(n)			243		241,785
Vizient, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 02/13/23			193		191,964
WP CityMD Bidco LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 3.50%, 1.00% Floor), 5.89%, 06/07/24			254		250,864

					12,128,859

Health Care Services — 0.1%
Sound Inpatient Physicians:
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.34%, 06/27/25			225		224,238
2018 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%), 9.09%, 06/26/26			123		123,000

					347,238

Health Care Technology — 0.3%
Change Healthcare Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 03/01/24			772		762,208
GoodRx, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.32%, 10/10/25			197		195,686
Press Ganey Holdings, Inc.,:
2018 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 10/23/23			631		623,606
2nd Lien Term Loan, (1 mo. LIBOR + 6.50%, 1.00% Floor), 8.84%, 10/21/24^(a)			97		96,630

					1,678,130

Hotels, Restaurants & Leisure — 2.6%
Aristocrat Technologies, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 1.75%), 4.22%, 10/19/24			417		409,774
Boyd Gaming Corp., Term Loan B3, (1 Week LIBOR + 2.25%), 4.48%, 09/15/23			1,336		1,310,260
Bronco Midstream Funding LLC, Term Loan B, (1 mo. LIBOR + 3.50%), 5.82%, 08/14/23			287		284,424


Security		Par (000)		Value

Hotels, Restaurants & Leisure (continued)
Burger King Newco Unlimited Liability Co., Term Loan B3, (1 mo. LIBOR + 2.25%, 1.00% Floor), 4.59%, 02/16/24	USD		2,267	$	2,219,628
Caesars Resort Collection LLC, 2017 1st Lien Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 12/22/24			1,485		1,457,059
CCM Merger, Inc., Term Loan B, (1 mo. LIBOR + 2.25%), 4.59%, 08/08/21			528		526,161
CEC Entertainment, Inc., Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.60%, 02/14/21			375		358,420
ESH Hospitality, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 08/30/23			818		807,329
Four Seasons Hotels Ltd., 1st Lien Term Loan, (1 mo. LIBOR + 2.00%), 4.34%, 11/30/23			397		392,592
Gateway Casinos & Entertainment Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.00%), 5.39%, 12/01/23			50		49,480
GVC Holdings PLC, 2018 Term Loan, (1 mo. LIBOR + 2.50%, 1.00% Floor), 4.84%, 03/29/24			328		326,094
Hilton Worldwide Finance LLC, Term Loan B2, (1 mo. LIBOR + 1.75%), 4.07%, 10/25/23			28		27,377
IRB Holding Corp., 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.57%, 02/05/25			1,070		1,057,856
KFC Holding Co., 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 4.05%, 04/03/25			510		504,726
Lakeland Tours LLC, 2017 1st Lien Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.33%, 12/15/24			365		362,892
Marriott Ownership Resorts, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 4.59%, 08/29/25			406		404,226
Penn National Gaming, Inc., 2018 1st Lien Term Loan B, (3 mo. LIBOR + 2.25%), 4.58%, 10/15/25			198		196,103
Playa Resorts Holding BV, 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 04/29/24			436		420,931
Sabre GLBL, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 02/22/24			887		872,272
Scientific Games International, Inc., 2018 Term Loan B5, (2 mo. LIBOR + 2.75%), 5.22%, 08/14/24			793		770,627
Stars Group Holdings BV, 2018 Incremental Term Loan, (3 mo. LIBOR + 3.50%), 5.89%, 07/10/25			2,087		2,077,087


			25

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Hotels, Restaurants & Leisure (continued)
Wyndham Hotels & Resorts, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 4.09%, 05/30/25	USD		510	$	504,517

					15,339,835

Household Products — 0.3%
Energizer Holdings, Inc., 2018 Term Loan B, 06/20/25^(a)(n)			230		224,250
Mastronardi Produce Ltd., Term Loan B, (1 mo. LIBOR + 3.25%), 5.55%, 05/01/25			190		189,407
SIWF Holdings, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 4.25%), 6.55%, 06/15/25			414		407,236
Spectrum Brands, Inc., 2017 Term Loan B, (3 mo. LIBOR + 2.00%), 4.43%, 06/23/22			921		909,625

					1,730,518

Independent Power and Renewable Electricity Producers — 0.6%
AES Corp., 2018 Term Loan B, (3 mo. LIBOR + 1.75%), 4.46%, 05/31/22			473		470,460
Calpine Construction Finance Co. LP, 2017 Term Loan B, (1 mo. LIBOR + 2.50%), 4.84%, 01/15/25			810		795,600
Calpine Corp.:
Term Loan B6, (3 mo. LIBOR + 2.50%), 4.89%, 01/15/23			267		262,471
Term Loan B7, (3 mo. LIBOR + 2.50%), 4.89%, 05/31/23			255		249,781
Compass Power Generation LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 12/20/24			391		391,096
EIF Channelview Cogeneration LLC, 2018 Term Loan B, (1 mo. LIBOR + 4.25%, 1.00% Floor), 6.60%, 05/03/25			142		142,400
Granite Acquisition, Inc.,:
Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor), 5.90%, 12/19/21			668		664,135
Term Loan C, (3 mo. LIBOR + 3.50%, 1.00% Floor), 5.89%, 12/19/21			85		84,821
Terra-Gen Finance Co. LLC, Term Loan B, (1 mo. LIBOR + 4.25%, 1.00% Floor), 6.60%, 12/09/21^(a)			288		231,828

					3,292,592

Industrial Conglomerates — 0.3%
Cortes NP Acquisition Corp., 2017 Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.71%, 11/30/23^(a)			1,557		1,506,575


Security		Par (000)		Value

Industrial Conglomerates (continued)
Sequa Mezzanine Holdings LLC, 1st Lien Term Loan, (3 mo. LIBOR + 5.00%, 1.00% Floor), 7.41%, 11/28/21	USD		524	$	511,066

					2,017,641

Insurance — 1.3%
Achilles Acquisition LLC, 2018 Term Loan, (1 mo. LIBOR + 4.00%), 6.38%, 10/03/25			282		280,590
Alliant Holdings I, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 5.06%, 05/09/25			835		819,441
AmWINS Group, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 01/25/24			861		852,819
AssuredPartners, Inc., 2017 1st Lien Add-On Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 10/22/24			668		654,836
Davis Vision, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 12/02/24			601		589,768
Hub International Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.00%), 5.49%, 04/25/25			525		514,847
Sedgwick Claims Management Services, Inc.:
1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 03/01/21			1,076		1,064,141
2018 Term Loan B, 12/31/25⁽ⁿ⁾			2,000		1,977,500
2nd Lien Term Loan, (1 mo. LIBOR + 5.75%, 1.00% Floor), 8.09%, 02/28/22			765		764,044
Stratose Intermediate Holdings II LLC, 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 06/22/23			381		379,503

					7,897,489

Internet & Direct Marketing Retail — 0.1%
Harbor Freight Tools USA, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.50%), 4.84%, 08/18/23			530		512,311


Internet Software & Services — 0.5%
Go Daddy Operating Co. LLC, 2017 Repriced Term Loan, (1 mo. LIBOR + 2.25%), 4.59%, 02/15/24			1,333		1,317,992
Inmar Holdings, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 05/01/24			292		290,095


26

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Internet Software & Services (continued)
Rackspace Hosting, Inc., 2017 Incremental 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.58%, 11/03/23	USD		789	$	720,981
TierPoint LLC, 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.09%, 05/06/24			397		385,228
Web.com Group, Inc., 2018 Term Loan B, (3 mo. LIBOR + 3.75%), 6.17%, 10/10/25			256		253,120

					2,967,416

IT Services — 1.8%
Access CIG LLC:
2018 1st Lien Term Loan, (3 mo. LIBOR + 3.75%), 6.46%, 02/27/25			170		169,283
2018 2nd Lien Delayed Draw Term Loan, (UNFND + 7.75%), 10.46%, 02/27/26			4		3,804
2018 2nd Lien Incremental Term Loan, (3 mo. LIBOR + 7.75%), 10.46%, 02/27/26			5		4,975
2018 2nd Lien Term Loan, (1 mo. LIBOR + 7.75%), 10.46%, 02/27/26			71		70,821
2018 Incremental Term Loan, (3 mo. LIBOR + 3.75%), 6.46%, 02/27/25			24		23,832
Altran Technologies SA, 1st Lien Term Loan, (3 mo. LIBOR + 2.25%), 4.59%, 03/20/25			214		212,855
Evertec Group LLC, 2018 Term Loan B, 11/27/24⁽ⁿ⁾			305		303,094
First Data Corp., 2024 Term Loan, (1 mo. LIBOR + 2.00%), 4.32%, 04/26/24			2,649		2,597,463
Flexential Intermediate Corp., 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.50%), 5.89%, 08/01/24			689		665,446
Global Payments, Inc.:
2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 4.09%, 04/21/23			300		297,468
2018 Term Loan B4, 10/17/25⁽ⁿ⁾			100		99,083
Greeneden US Holdings II LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 5.59%, 12/01/23			790		781,937


Security		Par (000)		Value

IT Services (continued)
Optiv Security, Inc.,:
1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 02/01/24	USD		572	$	545,044
2nd Lien Term Loan, (1 mo. LIBOR + 7.25%, 1.00% Floor), 9.59%, 02/01/25			184		176,746
Peak 10 Holding Corp., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 1.00% Floor), 9.79%, 08/01/25			513		491,711
TKC Holdings, Inc.,:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.10%, 02/01/23			720		706,890
2017 2nd Lien Term Loan, (1 mo. LIBOR + 8.00%, 1.00% Floor), 10.35%, 02/01/24			510		505,537
Trans Union LLC:
2018 Term Loan B4, (1 mo. LIBOR + 2.00%), 4.34%, 06/19/25			168		165,965
Term Loan B3, (1 mo. LIBOR + 2.00%), 4.34%, 04/10/23			1,395		1,377,959
Vantiv LLC, 2018 1st Lien Term Loan B3, (1 mo. LIBOR + 1.75%), 4.06%, 10/14/23			419		415,436
WEX, Inc., 2017 Term Loan B2, (1 mo. LIBOR + 2.25%), 4.59%, 06/30/23			1,242		1,230,927

					10,846,276

Life Sciences Tools & Services — 0.1%
Albany Molecular Research, Inc.,:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 08/30/24			179		176,644
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.00%, 1.00% Floor), 9.34%, 08/30/25			130		130,162

					306,806

Machinery — 0.7%
Clark Equipment Co., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.38%, 05/18/24			280		275,470
Columbus McKinnon Corp., 2018 Term Loan B, (3 mo. LIBOR + 2.50%, 1.00% Floor), 4.89%, 01/31/24^(a)			80		79,668
Gardner Denver, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 07/30/24			709		704,740
Hayward Industries, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.84%, 08/05/24			506		499,284


			27

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Machinery (continued)
Infiltrator Systems, Inc., 2017 1st Lien Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.39%, 05/27/22^(a)	USD		751	$	741,062
Tecomet, Inc., 2017 Repriced Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.82%, 05/01/24			528		524,570
Titan Acquisition Ltd., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.34%, 03/28/25			1,148		1,075,605
Welbilt, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.50%), 4.84%, 10/23/25			343		340,121

					4,240,520

Media — 3.3%
Altice Financing SA, 2017 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 5.05%, 01/31/26			83		79,496
Altice France SA, 2018 Term Loan B13, (1 mo. LIBOR + 4.00%), 6.31%, 08/14/26			1,570		1,493,463
Cable One, Inc., 2017 Term Loan B, (3 mo. LIBOR + 1.75%), 4.14%, 05/01/24			257		254,986
Charter Communications Operating LLC:
2017 Term Loan A2, (1 mo. LIBOR + 1.50%), 3.85%, 03/31/23			1,004		998,731
2017 Term Loan B, (1 mo. LIBOR + 2.00%), 4.35%, 04/30/25			1,912		1,890,314
CSC Holdings LLC:
2017 1st Lien Term Loan, (1 mo. LIBOR + 2.25%), 4.56%, 07/17/25			1,239		1,217,863
2018 Term Loan B, (1 mo. LIBOR + 2.50%), 4.81%, 01/25/26			458		450,427
Getty Images, Inc., Term Loan B, (1 mo. LIBOR + 3.50%), 5.84%, 10/18/19			101		99,990
Gray Television, Inc.:
2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.57%, 02/07/24			469		463,413
2018 Term Loan C, 10/30/25⁽ⁿ⁾			554		548,693
iHeartCommunications, Inc.^(b)(i):
Extended Term Loan E, 0.00%, 07/30/19			215		152,381
Term Loan D, 0.00%, 01/30/19			1,341		952,502
Intelsat Jackson Holdings SA:
2017 Term Loan B3, 11/27/23⁽ⁿ⁾			130		129,065
2017 Term Loan B4, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.82%, 01/02/24			627		637,693


Security		Par (000)		Value

Media (continued)
Learfield Communications LLC^(a):
2016 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.60%, 12/01/23	USD		588	$	585,976
2017 1st Lien Term Loan, 12/01/23⁽ⁿ⁾			202		200,947
Lions Gate Capital Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 4.59%, 03/24/25			391		385,520
Meredith Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 01/31/25			310		308,285
Mission Broadcasting, Inc., 2018 Term Loan B3, 01/17/24⁽ⁿ⁾			67		65,790
Nexstar Broadcasting, Inc., 2018 Term Loan B3, 01/17/24⁽ⁿ⁾			373		368,430
Numericable Group SA, Term Loan B12, (1 mo. LIBOR + 3.68%), 5.99%, 01/31/26			255		239,584
PSAV Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.70%, 03/01/25			452		442,660
Radiate Holdco LLC, 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.34%, 02/01/24			443		434,487
Trader Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.34%, 09/28/23			1,071		1,066,009
Tribune Media Co., Term Loan C, (1 mo. LIBOR + 3.00%), 5.34%, 01/27/24			1,222		1,216,220
Unitymedia Finance LLC:
Term Loan B, (1 mo. LIBOR + 2.25%), 4.56%, 09/30/25			691		683,399
USD Term Loan D, (1 mo. LIBOR + 2.25%), 4.56%, 01/15/26			115		113,735
Unitymedia Hessen GmbH & Co. KG, 2018 Term Loan E, (1 mo. LIBOR + 2.00%), 4.31%, 06/01/23			312		309,061
Univision Communications, Inc., Term Loan C5, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.09%, 03/15/24			382		355,608
Virgin Media Bristol LLC, 2017 Term Loan, (1 mo. LIBOR + 2.50%), 4.81%, 01/15/26			1,795		1,770,875
William Morris Endeavor Entertainment LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 2.75%), 5.28%, 05/18/25			798		781,921


28

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Media (continued)
Ziggo Secured Finance Partnership, Term Loan E, (1 mo. LIBOR + 2.50%), 4.81%, 04/15/25	USD		874	$	852,829

					19,550,353

Metals & Mining — 0.1%
AMG Advanced Metallurgical Group NV, 2018 Term Loan B, (2 mo. LIBOR + 3.00%), 5.50%, 02/01/25			209		206,824
Ball Metalpack LLC, 2018 1st Lien Term Loan B, (1 mo. LIBOR + 4.50%), 6.84%, 07/24/25^(a)			240		239,196
Preferred Proppants LLC, Term Loan B2, (3 mo. LIBOR + 7.75%), 10.14%, 07/27/20^(a)			104		41,455

					487,475

Multiline Retail — 0.2%
Hudson’s Bay Co., 2015 Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.59%, 09/30/22			628		610,365
Neiman Marcus Group, Inc., 2020 Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.57%, 10/25/20			375		324,520

					934,885

Oil & Gas Equipment & Services — 0.1%
Kestrel Acquisition LLC, 2018 Term Loan B, (1 mo. LIBOR + 4.25%, 1.00% Floor), 6.60%, 06/02/25			132		131,307
McDermott Technology Americas, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 5.00%, 1.00% Floor), 7.34%, 05/10/25			610		584,042

					715,349

Oil, Gas & Consumable Fuels — 0.7%
BCP Raptor II LLC, 1st Lien Term Loan, (2 mo. LIBOR + 4.75%), 7.14%, 11/03/25			399		388,027
BCP Raptor LLC, Term Loan B, (2 mo. LIBOR + 4.25%, 1.00% Floor), 6.64%, 06/24/24			426		410,527
California Resources Corp.,:
2017 1st Lien Term Loan, (1 mo. LIBOR + 4.75%, 1.00% Floor), 7.07%, 12/31/22			651		654,795
Second Out Term Loan, (1 mo. LIBOR + 10.37%, 1.00% Floor), 12.72%, 12/31/21			745		792,877


Security		Par (000)		Value

Oil, Gas & Consumable Fuels (continued)
CONSOL Energy, Inc.:
1st Lien Term Loan A, (1 mo. LIBOR + 4.25%), 6.60%, 11/26/21^(a)	USD		92	$	92,188
1st Lien Term Loan B, (1 mo. LIBOR + 6.00%, 1.00% Floor), 8.35%, 11/28/22			719		721,297
EG Group Ltd., 2018 USD Term Loan B, (3 mo. LIBOR + 4.00%), 6.39%, 02/07/25			254		250,553
Lucid Energy Group II LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.31%, 02/17/25			393		373,865
MEG Energy Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.85%, 12/31/23			138		137,523
Spade Facilities II LLC, Term Loan, 11/15/25⁽ⁿ⁾			560		560,000

					4,381,652

Personal Products — 0.2%
Clover Merger Sub, Inc.:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.84%, 09/26/24			630		589,242
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.75%), 10.09%, 09/26/25			444		392,571
Prestige Brands, Inc., Term Loan B4, (1 mo. LIBOR + 2.00%), 4.34%, 01/26/24			333		328,741

					1,310,554

Pharmaceuticals — 1.2%
Akorn, Inc., Term Loan B, (1 mo. LIBOR + 5.50%, 1.00% Floor), 7.88%, 04/16/21			557		465,892
Amneal Pharmaceuticals LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%), 5.88%, 05/04/25			1,152		1,147,238
Endo Luxembourg Finance Company I Sarl, 2017 Term Loan B, (1 mo. LIBOR + 4.25%), 6.63%, 04/29/24			672		668,118
Grifols Worldwide Operations USA, Inc., 2017 Acquisition Term Loan, (1 Week LIBOR + 2.25%), 4.47%, 01/31/25			1,168		1,157,456
Jaguar Holding Co. II, 2018 Term Loan, (1 mo. LIBOR + 2.50%, 1.00% Floor), 4.84%, 08/18/22			1,515		1,489,471


			29

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value
Pharmaceuticals (continued)
Valeant Pharmaceuticals International, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.31%, 06/02/25	USD		1,994	$	1,971,891

					6,900,066
Professional Services — 0.4%
Cast and Crew Payroll LLC, 2017 1st Lien Term Loan B, (1 mo. LIBOR + 2.75%), 5.10%, 09/27/24			740		726,711
Guidehouse LLP, 2018 Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 05/01/25^(a)			309		305,360
Information Resources, Inc., 2018 1st Lien Term Loan, 12/01/25^(a)(n)			332		327,850
ON Assignment, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.34%, 04/02/25			352		348,279
SIRVA Worldwide, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 5.50%), 7.93%, 08/04/25^(a)			372		369,210

					2,077,410
Real Estate Management & Development — 0.6%
CityCenter Holdings LLC, 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.59%, 04/18/24			1,370		1,344,374
DTZ US Borrower LLC, 2018 Add On Term Loan B, (1 mo. LIBOR + 3.25%), 5.59%, 08/21/25			1,062		1,045,072
Forest City Enterprises LP, Term Loan B, 10/24/25⁽ⁿ⁾			558		558,698
Realogy Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 4.56%, 02/08/25^(a)			270		261,891
SMG Holdings, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.34%, 01/23/25			388		383,653

					3,593,688
Road & Rail — 0.1%
Road Infrastructure Investment LLC, 2016 1st Lien Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 06/13/23			525		514,200

Semiconductors & Semiconductor Equipment — 0.3%
Cabot Microelectronics Corporation, Term Loan B, 11/14/25^(a)(n)			530		526,688
MaxLinear, Inc., Term Loan B, (1 mo. LIBOR + 2.50%), 4.81%, 05/12/24^(a)			105		103,359


Security		Par (000)		Value
Semiconductors & Semiconductor Equipment (continued)
Microchip Technology, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.35%, 05/29/25	USD		1,203	$	1,189,345
ON Semiconductor Corp., 2018 1st Lien Term Loan B, (1 mo. LIBOR + 1.75%), 4.09%, 03/31/23			157		155,182

					1,974,574
Software — 5.0%
Almonde, Inc., 1st Lien Term Loan, (3 mo. LIBOR + 3.50%, 1.00% Floor), 5.89%, 06/13/24			509		491,474
Applied Systems, Inc.,:
2017 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.39%, 09/19/24			787		776,874
2017 2nd Lien Term Loan, (3 mo. LIBOR + 7.00%, 1.00% Floor), 9.39%, 09/19/25			160		160,083
Aptean, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 4.25%, 1.00% Floor), 6.64%, 12/20/22			176		175,689
BMC Software Finance, Inc., 2017 Term Loan B, (3 mo. LIBOR + 4.25%), 6.65%, 10/02/25			1,586		1,564,192
Cypress Intermediate Holdings III, Inc.,:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.35%, 04/26/24			570		562,507
2017 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%, 1.00% Floor), 9.09%, 04/27/25			248		247,586
Dell, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 2.00%), 4.35%, 09/07/23			871		859,815
Digicel International Finance Ltd., 2017 Term Loan B, (3 mo. LIBOR + 3.25%), 5.96%, 05/28/24			535		501,145
DTI Holdco, Inc., 2018 Term Loan B, (2 mo. LIBOR + 4.75%, 1.00% Floor), 7.28%, 09/30/23			501		471,313
Financial & Risk US Holdings, Inc., 2018 USD Term Loan, (1 mo. LIBOR + 3.75%), 6.09%, 10/01/25			3,051		2,968,745
Flexera Software LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.60%, 02/26/25			194		192,570
Hyland Software, Inc., 2018 Term Loan 3, (1 mo. LIBOR + 3.25%), 5.84%, 07/01/24			275		272,231


30

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Software (continued)
Infor (US), Inc., Term Loan B6, (3 mo. LIBOR + 2.75%, 1.00% Floor), 5.14%, 02/01/22	USD		1,341	$	1,320,881
Informatica Corp., 2018 Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 08/05/22			1,055		1,048,735
IQOR US, Inc., Term Loan B, (3 mo. LIBOR + 5.00%, 1.00% Floor), 7.40%, 04/01/21			371		346,900
Kronos, Inc.:
2017 Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.54%, 11/01/23			1,592		1,566,635
2nd Lien Term Loan, (3 mo. LIBOR + 8.25%, 1.00% Floor), 10.79%, 11/01/24			615		617,116
MA FinanceCo. LLC, Term Loan B3, (1 mo. LIBOR + 2.50%), 4.84%, 06/21/24			51		49,622
McAfee LLC, 2018 USD Term Loan B, (2 mo. LIBOR + 3.75%), 6.10%, 09/30/24			1,441		1,435,923
Mitchell International, Inc.:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 11/29/24			1,862		1,831,762
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 9.59%, 12/01/25			550		547,250
PowerSchool, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 5.56%, 08/01/25			331		325,207
Renaissance Learning, Inc., 2018 Add On Term Loan, (1 mo. LIBOR + 3.25%), 5.59%, 05/30/25			239		235,661
SolarWinds Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.09%, 02/05/24			1,295		1,284,989
Solera LLC, Term Loan B, (1 mo. LIBOR + 2.75%), 5.09%, 03/03/23			2,270		2,236,707
Sophia LP, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.64%, 09/30/22			1,589		1,562,726
SS&C Technologies Holdings Europe Sarl, 2018 Term Loan B4, (1 mo. LIBOR + 2.25%), 4.59%, 04/16/25			592		577,578
SS&C Technologies, Inc.:
2017 Term Loan B1, (1 mo. LIBOR + 2.25%), 4.59%, 07/08/22			908		901,158
2018 Term Loan B3, (1 mo. LIBOR + 2.25%), 4.59%, 04/16/25			1,556		1,517,543
2018 Term Loan B5, (1 mo. LIBOR + 2.25%), 4.59%, 04/16/25			886		861,910


Security		Par (000)		Value

Software (continued)
Tempo Acquisition LLC, Term Loan, (1 mo. LIBOR + 3.00%), 5.34%, 05/01/24	USD		1,175	$	1,164,390
Tibco Software, Inc., Repriced Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.85%, 12/04/20			1,023		1,022,403

					29,699,320

Specialty Retail — 0.8%
Academy Ltd., 2015 Term Loan B, (1 mo. LIBOR + 4.00%, 1.00% Floor), 6.30%, 07/01/22			634		461,328
Belron Finance US LLC:
2018 Term Loan B, 11/13/25⁽ⁿ⁾			186		183,908
Term Loan B, (3 mo. LIBOR + 2.25%), 4.84%, 11/07/24			756		747,777
CD&R Firefly Bidco Ltd., 2018 Term Loan B1, (3 mo. LIBOR - GBP + 4.50%), 5.32%, 06/23/25	GBP		1,000		1,259,125
Leslie’s Poolmart, Inc., 2018 Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 08/16/23	USD		534		526,542
Petco Animal Supplies, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.78%, 01/26/23			277		206,808
Research Now Group, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 5.50%, 1.00% Floor), 7.84%, 12/20/24			392		390,567
Staples, Inc., 2017 Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.54%, 09/12/24			277		272,134
TruGreen LP, 2017 Term Loan, (1 mo. LIBOR + 4.00%, 1.00% Floor), 6.32%, 04/13/23			378		378,256

					4,426,445

Technology Hardware, Storage & Peripherals — 0.3%
Seattle Spinco, Inc., Term Loan B3, (1 mo. LIBOR + 2.50%), 4.84%, 06/21/24			343		335,113
Western Digital Corp., 2018 Term Loan B4, (3 mo. LIBOR + 1.75%), 4.06%, 04/29/23			1,336		1,296,029

					1,631,142

Textiles, Apparel & Luxury Goods — 0.1%
Ascend Performance Materials Operations LLC, Term Loan B, (3 mo. LIBOR + 5.25%, 1.00% Floor), 7.64%, 08/12/22			703		702,612


			31

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Textiles, Apparel & Luxury Goods (continued)
Varsity Brands, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.84%, 12/15/24	USD		163	$	162,705

					865,317

Thrifts & Mortgage Finance — 0.2%
IG Investment Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.86%, 05/23/25			1,166		1,158,876


Trading Companies & Distributors — 0.3%
Beacon Roofing Supply, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.57%, 01/02/25			387		375,574
HD Supply, Inc., Term Loan B5, (1 mo. LIBOR + 1.75%), 4.09%, 10/17/23			1,069		1,055,439
Nexeo Solutions LLC, 2017 Repriced Term Loan, (3 mo. LIBOR + 3.25%), 5.79%, 06/09/23			308		307,831
Oxbow Carbon LLC, 2017 1st Lien Term Loan B, (1 mo. LIBOR + 3.50%), 5.84%, 01/04/23			144		144,105
United Rentals, Inc., Term Loan B, 10/31/25⁽ⁿ⁾			105		105,203

					1,988,152

Transportation — 0.1%
Gruden Acquisition, Inc., 2017 Term Loan, (3 mo. LIBOR + 5.50%, 1.00% Floor), 7.89%, 08/18/22			213		212,974
Safe Fleet Holdings LLC,:
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.32%, 02/01/25^(a)			473		455,492
2018 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%, 1.00% Floor), 9.07%, 02/01/26			215		210,163

					878,629

Utilities — 0.0%
ExGen Renewables IV LLC, Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.71%, 11/28/24^(a)			221		209,624


Wireless Telecommunication Services — 0.5%
Geo Group, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.35%, 03/22/24			642		633,335
Ligado Networks LLC:
2015 2nd Lien Term Loan, 0.00%, 12/07/20			38		7,249
PIK Exit Term Loan (9.75% PIK), 0.00%, 12/07/20^(h)			1,768		1,247,152


Security		Par (000)		Value

Wireless Telecommunication Services (continued)
SBA Senior Finance II LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.35%, 04/11/25	USD		668	$	660,311
Xplornet Communications, Inc., Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.39%, 09/09/21^(a)			427		425,708

					2,973,755


Total Floating Rate Loan Interests — 40.7% (Cost — $245,334,641)					240,440,790


Foreign Agency Obligations — 3.3%
Argentine Republic Government International Bond:
7.50%, 04/22/26			3,008		2,553,822
7.63%, 04/22/46			2,422		1,844,377
Colombia Government International Bond:
4.50%, 01/28/26			536		533,320
3.88%, 04/25/27			419		396,588
4.50%, 03/15/29			238		232,766
Cyprus Government International Bond, 4.63%, 02/03/20^(c)	EUR		2,600		3,091,723
Egypt Government International Bond:
5.75%, 04/29/20	USD		882		887,539
8.50%, 01/31/47^(c)			227		206,813
Iceland Government International Bond, 5.88%, 05/11/22			3,030		3,294,429
Indonesia Government International Bond, 4.75%, 01/08/26			395		394,901
Mexico Government International Bond, 4.15%, 03/28/27			210		200,565
Portugal Government International Bond, 5.13%, 10/15/24^(c)			3,190		3,302,607
Qatar Government International Bond, 4.63%, 06/02/46			200		197,024
Republic of South Africa Government International Bond:
5.88%, 05/30/22			783		802,575
4.88%, 04/14/26			227		211,678
Russian Federal Bond - OFZ, 7.05%, 01/19/28	RUB		34,303		464,278
Russian Foreign Bond - Eurobond:
4.75%, 05/27/26	USD		200		194,686
4.25%, 06/23/27			200		186,861
Turkey Government International Bond:
6.25%, 09/26/22			200		193,911


32

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Foreign Agency Obligations (continued)
Turkey Government International Bond (continued):
4.88%, 04/16/43	USD		200	$	140,156


Total Foreign Agency Obligations — 3.3% (Cost — $20,628,070)					19,330,619


		Shares

Investment Companies — 1.4%

Diversified Financial Services — 1.4%
Invesco Senior Loan ETF			375,000		8,497,500


Total Investment Companies — 1.4% (Cost — $8,683,975)					8,497,500


		Par (000)

Non-Agency Mortgage-Backed Securities — 5.5%

Collateralized Mortgage Obligations — 0.8%
Countrywide Alternative Loan Trust, Series 2005-54CB, Class 3A4, 5.50%, 11/25/35	USD		2,073		1,782,130
Countrywide Home Loan Mortgage Pass-Through Trust:
Series 2005-17, Class 1A6, 5.50%, 09/25/35			410		402,903
Series 2006-17, Class A2, 6.00%, 12/25/36			1,125		891,117
Series 2007-HY5, Class 3A1, 3.82%, 09/25/37^(e)			768		720,686
GSR Mortgage Loan Trust, Series 2005-AR5, Class 2A3, 4.18%, 10/25/35^(e)			644		536,892

					4,333,728

Commercial Mortgage-Backed Securities — 4.7%
Banc of America Merrill Lynch Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.72%, 04/14/33^(c)(e)			4,830		4,690,953
Commercial Mortgage Pass-Through Certificates, Series 2014-PAT^(c)(d):
Class E, (1 mo. LIBOR + 3.15%), 5.47%, 08/13/27			1,000		1,009,505
Class F, (1 mo. LIBOR + 2.44%), 4.76%, 08/13/27			2,000		2,007,557
Commercial Mortgage Trust, Class B:
Series 2013-LC6, 3.74%, 01/10/46			1,110		1,102,189
Series 2015-CR22, 3.93%, 03/10/48^(e)			5,000		4,902,238
Core Industrial Trust, Series 2015-TEXW, Class D, 3.98%, 02/10/34^(c)(e)			3,615		3,590,607


Security		Par (000)		Value

Commercial Mortgage-Backed Securities (continued)
CSAIL Commercial Mortgage Trust, Series 2015-C1, Class B, 4.04%, 04/15/50^(e)	USD		890	$	887,054
GAHR Commercial Mortgage Trust, Series 2015-NRF, Class DFX, 3.49%, 12/15/34^(c)(e)			4,830		4,797,811
Greenwich Capital Commercial Funding Corp. Commercial Mortgage Trust, Series 2006-GG7, Class AM, 5.86%, 07/10/38^(e)			443		442,798
GS Mortgage Securities Corp. II, Series 2013-GC10, Class B, 3.68%, 02/10/46^(c)			1,995		1,964,125
WF-RBS Commercial Mortgage Trust, Series 2012-C8:
Class B, 4.31%, 08/15/45			1,085		1,090,915
Class C, 5.06%, 08/15/45^(e)			1,395		1,396,815

					27,882,567


Total Non-Agency Mortgage-Backed Securities — 5.5% (Cost — $32,552,963)					32,216,295


		Beneficial Interest (000)
Other Interests (o) — 0.0%

Auto Components — 0.0%
Lear Corp. Escrow^(a⁾			1,000		10


IT Services — 0.0%
Millennium Corp.^(a)(b)			918		—
Millennium Lender Claims^(a)(b)			861		—

					—


Total Other Interests — 0.0% (Cost — $—)					10


		Par (000)
Preferred Securities — 9.6%

Capital Trusts — 7.5%

Banks — 2.2%
ABN AMRO Bank NV, 5.75%^(f)(j)	EUR		200		234,062
Banco Santander SA, 6.25%^(f)(j)			100		108,116
Bankia SA, 6.38%^(e)(j)			200		216,073
Capital One Financial Corp., Series E, 5.55%^(f)(j)	USD		3,000		3,007,500
CIT Group, Inc., Series A, 5.80%^(f)(j)			235		226,051
Citigroup, Inc., 5.90%^(f)(g)(j)			5,000		4,937,500
Citigroup, Inc., 5.95%^(f)(j)			1,370		1,345,614


			33

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Par (000)		Value

Banks (continued)
Cooperatieve Rabobank UA, 6.63%^(f)(j)	EUR		200	$	246,956
Hongkong & Shanghai Banking Corp. Ltd., Series 3H, 2.75%^(d)(j)	USD		100		71,314
Intesa Sanpaolo SpA, 7.00%^(f)(j)	EUR		200		224,156
Wells Fargo & Co., Series S, 5.90%^(f)(g)(j)	USD		1,585		1,581,513
Wells Fargo & Co., Series U, 5.88%^(f)(j)			585		595,834

					12,794,689

Capital Markets — 1.0%
Goldman Sachs Group, Inc.^(j):
Series M, 5.38%^(f)			1,730		1,730,000
Series P, 5.00%^(e)			228		200,640
Morgan Stanley, Series H, 5.45%^(f)(g)(j)			2,546		2,547,273
State Street Corp., Series F, 5.25%^(f)(g)(j)			1,625		1,641,575

					6,119,488

Chemicals — 0.0%
Solvay Finance SA, 5.12%^(f)(j)	EUR		100		120,010


Diversified Financial Services — 3.4%
ATF Netherlands BV, 3.75%^(f)(j)			100		105,203
Bank of America Corp., Series AA, 6.10%^(f)(g)(j)	USD		948		962,855
Bank of America Corp.^(f)(j):
Series U, 5.20%			1,250		1,217,500
Series V, 5.13%			510		507,501
Series X, 6.25%			1,929		1,972,403
BNP Paribas SA, 6.13%^(f)(j)	EUR		200		238,975
Credit Agricole SA, 6.50%^(f)(j)			100		117,639
Credit Suisse Group AG, 6.25%^(f)(j)	USD		200		190,158
HBOS Capital Funding LP, 6.85%^(j)			100		99,750
HSBC Holdings PLC, 6.00%^(f)(j)			415		377,650
HSBC Holdings PLC, 6.25%^(e)(g)(j)			1,158		1,092,457
JPMorgan Chase & Co.^(f)(j):
Series R, 6.00%			120		120,600
Series U, 6.13%^(g)			6,690		6,798,712
Series V, 5.00%^(g)			4,060		4,046,196
Royal Bank of Scotland Group PLC, 8.63%^(f)(j)			200		206,000


Security		Par (000)		Value

Diversified Financial Services (continued)
Societe Generale SA, 6.00%^(c)(f)(g)(j)	USD		2,000	$	1,912,804
UBS Group Funding Switzerland AG, 5.00%^(e)(j)			200		165,750
UniCredit SpA, 6.75%^(f)(j)	EUR		200		206,042

					20,338,195

Diversified Telecommunication Services — 0.1%
Telefonica Europe BV, 3.75%^(f)(j)			100		113,357
Telefonica Europe BV, 4.20%^(f)(j)			200		231,195
Telefonica Europe BV, 5.00%^(f)(j)			100		117,727
Telefonica Europe BV, 5.88%^(f)(j)			100		121,137

					583,416

Electric Utilities — 0.1%
Enel SpA, 7.75%, 09/10/75^(f)	GBP		100		134,481
Origin Energy Finance Ltd., 4.00%, 09/16/74^(f)	EUR		100		114,563
RWE AG, 2.75%, 04/21/75^(f)			120		135,512

					384,556

Electronic Equipment, Instruments & Components — 0.0%
Belden, Inc., 4.13%, 10/15/26			100		113,975


Insurance — 0.6%
Voya Financial, Inc., 5.65%, 05/15/53^(f)(g)	USD		3,500		3,368,750


Oil, Gas & Consumable Fuels — 0.1%
Naturgy Finance BV, 3.38%^(e)(j)	EUR		100		110,106
Repsol International Finance BV, 3.88%^(f)(j)			100		114,908
Repsol International Finance BV, 4.50%, 03/25/75^(f)			100		114,721

					339,735


Total Capital Trusts — 7.5% (Cost — $44,609,486)					44,162,814


		Shares

Preferred Stocks — 1.7%

Capital Markets — 1.6%
Goldman Sachs Group, Inc., Series J, 5.50%^(f)(j)			202,526		4,884,927
Morgan Stanley.^(f)(j):
Series F, 6.88%			120,000		3,139,200
Series K, 5.85%			53,253		1,313,752


34

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

(Percentages shown are based on Net Assets)


Security		Shares		Value

Capital Markets (continued)
SCE Trust III, Series H, 5.75%^(f)(j)			21,200	$	466,612

					9,804,491

Machinery — 0.1%
Stanley Black & Decker, Inc., 5.38%^(j)(m)			3,520		344,960


Wireless Telecommunication Services — 0.0%
CF-B L2 (D) LLC, (Aquired 04/08/15, cost $11,497), 0.00%^(p)			134,077		40,545


Total Preferred Stocks — 1.7% (Cost — $10,608,130)					10,189,996


Trust Preferred — 0.4%

Diversified Financial Services — 0.4%
GMAC Capital Trust I, Series 2, 8.40%, 2/15/40^(f)			105,753		2,696,701


Total Trust Preferreds — 0.4% (Cost — $2,686,547)					2,696,701


Total Preferred Securities—9.6% (Cost — $57,904,163)					57,049,511


		Par (000)

U.S. Government Sponsored Agency Securities — 5.3%

Collateralized Mortgage Obligations — 1.1%
Fannie Mae Connecticut Avenue Securities, Series 2017-C03, Class 1M2, (1 mo. LIBOR US + 3.00%), 5.32%, 10/25/29^(d)	USD		1,600		1,685,656
Freddie Mac Mortgage-Backed Securities, Series 4480, Class ZX, 4.00%, 11/15/44^(g)			4,585		4,514,017

					6,199,673

Interest Only Collateralized Mortgage Obligations — 0.3%
Freddie Mac Mortgage-Backed Securities, Series K042, Class X1, 1.18%, 12/25/24^(e)			34,307		1,820,509


Mortgage-Backed Securities — 3.9%
Fannie Mae Mortgage-Backed Securities:
2.50%, 10/01/28 - 06/01/32			7,050		6,808,131
3.00%, 05/01/30^(g)			16,109		15,950,853
5.00%, 07/01/20 - 08/01/23^(g)			328		339,037

					23,098,021


Total U.S. Government Sponsored Agency Securities — 5.3% (Cost — $32,086,187)					31,118,203


Security		Par (000)		Value
U.S. Treasury Obligations — 2.8%
U.S. Treasury Notes^(g):
2.75%, 09/30/20	USD		2,240	$	2,237,025
2.75%, 04/30/23			8,000		7,965,937
2.75%, 08/31/25			6,150		6,083,936


Total U.S. Treasury Obligations — 2.8% (Cost — $16,213,866)					16,286,898

		Shares
Warrants — 0.0%

Metals & Mining — 0.0%
AFGlobal Corp. (Expires12/20/20)^(a)			2,542		—


Software — 0.0%
HMH Holdings/EduMedia (Issued/exercisable 3/09/10, 19 Shares for 1 Warrant, Expires 6/22/19, Strike Price $42.27)^(a)			3,100		—


Total Warrants — 0.0% (Cost — $31)					—


Total Long-Term Investments — 135.8% (Cost — $828,416,301)					801,449,300


Short-Term Securities — 1.0%

Foreign Agency Obligations — 0.1%
Egypt Treasury Bills, 0.00%, 04/02/19^(k)	EGP		11,550		606,404


Total Foreign Agency Obligations — 0.1% (Cost — $606,077)					606,404


Short-Term Investment Fund — 0.9%
BlackRock Liquidity Funds, T-Fund, Institutional Class, 2.12%^(q)(r)			5,145,861		5,145,861


Total Short-Term Investment Fund — 0.9% (Cost — $5,145,861)					5,145,861


Total Short-Term Securities — 1.0% (Cost — $5,751,938)					5,752,265


Options Purchased — 0.0% (Cost — $44,978)					—


Total Investments — 136.8% (Cost — $834,213,217)					807,201,565

Liabilities in Excess of Other Assets — (36.8)%					(217,106,730	)


Net Assets — 100.0%				$	590,094,835


			35

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

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

^(b)	Non-income producing security.

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

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

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

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

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

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

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

^(k)	Zero-coupon bond.

^(l)	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.

^(m)	Convertible security.

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

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

^(p)	Restricted security as to resale, excluding 144A securities. As of period end, the Fund held restricted securities with a current value of $40,545 and an original cost of $11,497, which was less than 0.05% of its net assets.

^(q)	Annualized 7-day yield as of period end.

^(r)	During the period ended November 30, 2018, investments in issuers considered to be an affiliate of the Fund for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


Affiliate	Shares Held at 08/31/18		Net Activity		Shares Held at 11/30/18		Value at 11/30/18		Income		Net Realized Gain (Loss)^(a)		Change in Unrealized Appreciation (Depreciation)
BlackRock Liquidity Funds, T-Fund, Institutional Class		180,494		4,965,367		5,145,861	$	5,145,861	$	44,169	$	—	$	—

^(a)

Includes net capital gain distributions, if applicable.


Currency Abbreviations

BRL — Brazilian Real
EUR — Euro
GBP — British Pound
MXN — Mexican Peso
NZD — New Zealand Dollar
RUB — New Russian Ruble
USD — United States Dollar


Portfolio Abbreviations

ABS — Asset-Backed Security
CLO — Collateralized Loan Obligation
CR — Custodian Receipt
CRC — Costa Rican Colon
ETF — Exchange-Traded Fund
EURIBOR — Euro Interbank Offered Rate
LIBOR — London Interbank Offered Rate
MSCI — Morgan Stanley Capital International


36

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)


Portfolio Abbreviations (continued)

MTN — Medium-Term Note

OTC — Over-the-Counter

PIK — Payment-In-Kind

Reverse Repurchase Agreements

Counterparty

Interest
Rate

Trade
Date

Maturity
Date^(a)

Face Value

Face Value
Including
Accrued Interest

Type of Non-Cash
Underlying Collateral

Remaining Contractual
Maturity of the Agreements^(a)

BNP Paribas S.A.

2.91

07/16/18

Open

948,103

957,904

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/16/18

Open

341,000

344,577

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/16/18

Open

1,628,000

1,645,078

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/16/18

Open

342,000

345,588

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

07/16/18

Open

2,498,000

2,519,452

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.55

07/17/18

Open

2,154,825

2,174,012

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

470,794

475,430

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

561,356

566,885

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

639,900

646,202

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

764,826

772,359

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

583,116

588,859

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

451,385

455,831

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

722,628

729,744

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

560,745

566,268

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

519,100

524,212

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

521,336

526,471

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/17/18

Open

596,640

602,516

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.41

07/17/18

Open

96,590

97,399

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

892,000

901,290

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

250,000

252,604

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

911,000

920,488

Capital Trusts

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

646,000

652,728

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

327,000

330,406

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

907,000

916,447

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

218,000

220,271

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

155,000

156,614

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

537,000

542,593

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

461,000

465,801

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

1,000,000

1,010,415

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

974,000

984,144

Corporate Bonds

Open/Demand


			37

Schedule of Investments (unaudited) (continued)

November 30, 2018

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)

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

851,000

859,863

Capital Trusts

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/17/18

Open

264,000

266,750

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.70

07/23/18

Open

653,438

659,359

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

07/23/18

Open

528,240

533,428

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

07/23/18

Open

838,189

846,420

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

07/23/18

Open

216,787

218,917

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

562,000

567,600

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

555,000

560,531

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

123,000

124,226

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

818,000

826,152

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

417,000

421,156

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

1,634,000

1,650,283

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

883,000

891,799

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

213,000

215,123

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

1,460,000

1,474,549

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

335,000

338,338

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

216,000

218,153

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

572,000

577,700

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

206,000

208,053

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/23/18

Open

177,000

178,764

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

07/24/18

Open

309,015

312,071

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/25/18

Open

368,873

372,296

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/25/18

Open

346,860

350,080

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/25/18

Open

422,661

426,584

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/25/18

Open

221,587

223,644

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

07/25/18

Open

399,146

402,851

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

07/25/18

Open

419,784

423,844

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

08/02/18

Open

962,000

970,737

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

08/09/18

Open

361,401

364,340

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

08/09/18

Open

589,000

594,119

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.70

08/14/18

Open

393,460

396,470

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.30

08/20/18

Open

208,080

208,744

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

08/20/18

Open

4,343,750

4,376,069

Capital Trusts

Open/Demand


38

Schedule of Investments (unaudited) (continued)

November 30, 2018

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.

2.56

08/20/18

Open

551,131

554,857

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.70

08/20/18

Open

1,470,000

1,480,521

Capital Trusts

Open/Demand

BNP Paribas S.A.

2.70

08/20/18

Open

2,895,000

2,915,719

Capital Trusts

Open/Demand

BNP Paribas S.A.

2.77

08/20/18

Open

516,295

520,093

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.77

08/20/18

Open

503,663

507,367

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

08/20/18

Open

814,000

820,402

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

08/20/18

Open

162,000

163,274

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

08/20/18

Open

873,000

878,630

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

08/20/18

Open

270,000

271,741

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

08/20/18

Open

1,374,000

1,382,860

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

08/20/18

Open

3,259,000

3,280,016

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

08/20/18

Open

1,423,000

1,432,176

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

08/20/18

Open

783,000

788,049

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

08/20/18

Open

413,000

415,956

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

08/20/18

Open

3,133,000

3,155,423

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

2.70

08/20/18

Open

306,000

308,190

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

08/20/18

Open

374,263

376,910

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.75

08/21/18

Open

942,638

949,387

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.75

08/21/18

Open

171,080

172,305

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.75

08/21/18

Open

212,030

213,548

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

08/21/18

Open

162,225

163,480

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

08/30/18

Open

917,665

923,843

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

08/30/18

Open

400,530

403,369

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

08/30/18

Open

407,480

410,369

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

08/31/18

Open

606,400

610,524

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.70

09/04/18

Open

661,500

665,774

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/04/18

Open

589,600

593,567

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/04/18

Open

537,600

541,217

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/04/18

Open

748,920

753,959

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.50

09/07/18

Open

127,435

127,811

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

09/07/18

Open

176,209

177,270

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

09/07/18

Open

22,000

22,145

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.75

09/11/18

Open

785,890

790,425

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.75

09/11/18

Open

625,669

629,279

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

09/11/18

Open

620,100

623,899

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

09/11/18

Open

566,010

569,478

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

09/11/18

Open

381,034

383,368

Corporate Bonds

Open/Demand

Citigroup Global Markets, Inc.

0.25

09/11/18

Open

14,562

14,568

Corporate Bonds

Open/Demand


			39

Schedule of Investments (unaudited) (continued)

November 30, 2018

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

2.59

09/11/18

Open

453,750

456,311

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

463,338

465,953

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

94,500

95,033

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

334,800

336,690

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

405,638

407,927

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

925,000

930,221

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

353,437

355,432

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

368,437

370,517

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

1,378,250

1,386,029

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

1,053,675

1,059,622

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/11/18

Open

277,162

278,727

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/11/18

Open

229,830

231,260

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/11/18

Open

855,938

861,263

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/11/18

Open

682,563

686,810

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/11/18

Open

358,062

360,290

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/11/18

Open

709,735

714,151

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/11/18

Open

399,600

402,086

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/11/18

Open

1,148,213

1,155,357

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/11/18

Open

356,025

358,240

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/12/18

Open

272,160

273,853

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

0.75

09/13/18

Open

77,400

77,485

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

09/14/18

Open

467,250

469,932

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

09/14/18

Open

664,256

668,069

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

09/14/18

Open

629,750

633,365

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

09/14/18

Open

438,558

441,075

Capital Trusts

Open/Demand

RBC Capital Markets LLC

2.85

09/14/18

Open

688,000

692,032

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/14/18

Open

251,250

252,723

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/14/18

Open

693,840

697,907

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/14/18

Open

98,362

98,939

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.30

09/19/18

Open

391,235

393,035

Capital Trusts

Open/Demand

Barclays Capital, Inc.

2.55

09/19/18

Open

628,390

631,595

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.55

09/19/18

Open

488,771

491,264

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.55

09/19/18

Open

52,536

52,804

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.55

09/19/18

Open

557,874

560,719

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.55

09/19/18

Open

533,400

536,120

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.55

09/19/18

Open

664,121

667,508

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.67

09/19/18

Open

206,205

207,306

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.67

09/19/18

Open

246,712

248,030

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.20

09/19/18

Open

6,665,000

6,694,326

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

2.20

09/19/18

Open

520,000

522,288

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.20

09/19/18

Open

909,000

913,000

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.20

09/19/18

Open

163,000

163,717

Corporate Bonds

Open/Demand

J.P. Morgan Securities LLC

0.15

09/19/18

Open

205,242

205,304

Corporate Bonds

Open/Demand

J.P. Morgan Securities LLC

0.75

09/19/18

Open

195,464

195,757

Corporate Bonds

Open/Demand


40

Schedule of Investments (unaudited) (continued)

November 30, 2018

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)

J.P. Morgan Securities LLC

1.80

09/19/18

Open

381,254

382,627

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

1.00

09/19/18

Open

251,160

251,662

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.34

09/19/18

Open

527,250

529,718

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.34

09/19/18

Open

776,250

779,883

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.34

09/19/18

Open

211,500

212,490

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.34

09/19/18

Open

127,750

128,348

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.45

09/19/18

Open

325,850

327,447

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

158,000

158,822

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

359,795

361,666

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

465,470

467,890

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

409,150

411,278

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

566,370

569,315

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

501,720

504,329

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

66,400

66,745

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

451,350

453,697

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

89,925

90,393

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

238,212

239,451

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

306,562

308,157

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

266,365

267,750

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

577,990

580,996

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

259,170

260,518

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

466,793

469,220

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

918,120

922,894

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

173,470

174,372

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

142,650

143,392

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

99,937

100,457

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

478,695

481,184

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

507,955

510,596

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

423,300

425,501

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

102,700

103,234

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

258,265

259,608

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.60

09/19/18

Open

357,205

359,062

Corporate Bonds

Open/Demand

UBS Securities LLC

2.50

09/19/18

Open

210,960

212,015

Corporate Bonds

Open/Demand

UBS Securities LLC

2.50

09/19/18

Open

1,892,550

1,902,013

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

09/20/18

Open

258,000

259,429

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

09/20/18

Open

187,000

188,036

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/20/18

Open

142,740

143,462

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/20/18

Open

1,382,438

1,389,432

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

09/20/18

Open

137,700

138,397

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

109,012

109,620

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

454,383

456,914

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

870,840

875,693

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

167,000

167,931

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

79,380

79,822

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

425,100

427,469

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

903,870

908,907

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

270,442

271,949

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/20/18

Open

1,321,360

1,328,723

Corporate Bonds

Open/Demand


			41

Schedule of Investments (unaudited) (continued)

November 30, 2018

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)

UBS Ltd.

2.55

09/20/18

Open

3,026,213

3,041,285

Corporate Bonds

Open/Demand

UBS Ltd.

2.75

09/20/18

Open

1,730,000

1,739,299

Capital Trusts

Open/Demand

UBS Ltd.

2.75

09/20/18

Open

257,355

258,738

Corporate Bonds

Open/Demand

UBS Ltd.

2.75

09/20/18

Open

746,250

750,261

Corporate Bonds

Open/Demand

UBS Ltd.

2.75

09/20/18

Open

250,200

251,545

Corporate Bonds

Open/Demand

UBS Ltd.

2.75

09/20/18

Open

279,720

281,224

Corporate Bonds

Open/Demand

UBS Ltd.

2.75

09/20/18

Open

362,780

364,730

Corporate Bonds

Open/Demand

UBS Ltd.

2.85

09/20/18

Open

3,006,575

3,023,182

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.38

09/25/18

Open

6,042,375

6,067,191

U.S. Treasury Obligations

Open/Demand

RBC Capital Markets LLC

2.85

09/26/18

Open

1,613,950

1,621,874

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

09/27/18

Open

430,005

430,930

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.80

09/28/18

Open

1,320,335

1,326,599

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

09/28/18

Open

334,125

335,739

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

10/01/18

Open

419,565

421,523

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

10/04/18

Open

232,402

233,451

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

10/09/18

Open

220,440

221,332

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

10/09/18

Open

2,808,000

2,818,128

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.45

10/09/18

Open

256,000

256,923

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

10/09/18

Open

417,000

418,658

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

10/09/18

Open

539,000

541,143

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

10/09/18

Open

496,000

497,972

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

10/09/18

Open

442,000

443,757

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

10/09/18

Open

908,000

911,609

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.32

10/15/18

Open

8,010,000

8,033,741

U.S. Treasury Obligations

Open/Demand

HSBC Securities (USA), Inc.

2.34

10/15/18

Open

2,237,200

2,243,645

U.S. Treasury Obligations

Open/Demand

Barclays Capital, Inc.

0.75

10/16/18

Open

147,306

147,582

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

10/24/18

Open

396,435

397,596

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

10/29/18

Open

992,240

994,754

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.92

11/02/18

Open

275,010

275,590

Corporate Bonds

Open/Demand

Goldman Sachs & Co. LLC

2.09

11/06/18

Open

979,265

980,629

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/08/18

Open

359,250

359,876

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.52

11/09/18

1/14/19

51,200

51,265

U.S. Government Sponsored Agency Securities

Up to 90 Days

HSBC Securities (USA), Inc.

2.52

11/09/18

1/14/19

270,200

270,540

U.S. Government Sponsored Agency Securities

Up to 90 Days

Cantor Fitzerald & Co.

2.37

11/14/18

12/18/18

15,372,000

15,386,402

U.S. Government Sponsored Agency Securities

Up to 60 Days


42

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

Reverse Repurchase Agreements (continued)

Counterparty

Interest
Rate

Trade
Date

Maturity
Date^(a)

Face Value

Face Value
Including
Accrued Interest

Type of Non-Cash
Underlying Collateral

Remaining Contractual
Maturity of the Agreements^(a)

Credit Suisse Securities (USA) LLC

2.50

11/15/18

Open

899,544

900,481

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.80

11/15/18

Open

2,730,000

2,733,185

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

11/15/18

Open

128,000

128,157

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

11/15/18

Open

1,459,000

1,460,793

Capital Trusts

Open/Demand

Deutsche Bank Securities, Inc.

2.95

11/15/18

Open

2,088,000

2,090,567

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

2.95

11/15/18

Open

318,000

318,391

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

87,800

87,895

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

518,925

519,485

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

625,500

626,175

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

1,645,000

1,646,775

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

1,380,000

1,381,489

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

263,062

263,346

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

1,392,825

1,394,328

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

602,875

603,526

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

484,900

485,423

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

1,160,963

1,162,215

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

237,787

238,044

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

248,187

248,455

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

38,500

38,542

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.59

11/15/18

Open

2,007,500

2,009,666

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

179,000

179,213

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

1,017,450

1,018,658

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

257,845

258,151

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

368,775

369,213

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

491,318

491,901

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

443,700

444,227

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

235,625

235,905

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

146,405

146,579

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

255,277

255,581

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

309,590

309,958

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

526,500

527,125

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

508,500

509,104

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

637,798

638,555

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

497,918

498,509

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

311,535

311,905

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

204,232

204,475

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

106,335

106,461

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

487,500

488,079

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

2,231,000

2,233,649

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

485,513

486,089

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

688,188

689,005

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/15/18

Open

463,980

464,531

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

11/16/18

Open

357,000

357,333

Corporate Bonds

Open/Demand


			43

Schedule of Investments (unaudited) (continued)

November 30, 2018

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)

Royal Bank of Canada

2.40

11/26/18

12/10/18

4,374,000

4,375,458

U.S. Government Sponsored Agency Securities

Up to 30 Days

Barclays Capital, Inc.

2.80

11/27/18

Open

516,661

516,822

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

11/27/18

Open

182,000

182,055

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.70

11/27/18

Open

839,000

839,252

Corporate Bonds

Open/Demand

RBC Capital Markets LLC

2.85

11/27/18

Open

230,177

230,250

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.91

11/28/18

Open

368,517

368,577

Corporate Bonds

Open/Demand

210,224,734

211,278,227

^(a)

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

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts


Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value / Unrealized Appreciation (Depreciation)
Long Contracts:
Euro Stoxx 50 Index		1		12/21/18	$	36	$	(1,802	)
Euro Stoxx 600 Index		1		12/21/18		8		(721	)
Ultra Long U.S. Treasury Bond		40		03/20/19		6,096		7,249
2-Year U.S. Treasury Note		187		03/29/19		39,454		22,759

								27,485

Short Contracts:
EURO-BOBL Future		1		12/06/18		149		(442	)
Euro Bund		1		12/06/18		183		(2,073	)
10-Year U.S. Treasury Note		316		03/20/19		37,747		(114,876	)
10-Year U.S. Ultra Long Treasury		44		03/20/19		5,566		(20,680	)
Long U.S. Treasury Bond		2		03/20/19		280		(1,416	)
Long Gilt Future		1		03/27/19		156		(765	)
5-Year U.S. Treasury Note		262		03/29/19		29,596		(12,958	)

								(153,210	)

							$	(125,725	)


44

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

Forward Foreign Currency Exchange Contracts


Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)
NZD	86,000	USD	59,012	HSBC Bank USA N.A.		12/05/18	$	106
USD	13,482,341	EUR	11,822,000	Citibank N.A.		12/05/18		97,639
USD	578,657	EUR	510,000	JPMorgan Chase Bank N.A.		12/05/18		1,242
USD	1,195,891	EUR	1,054,000	JPMorgan Chase Bank N.A.		12/05/18		2,566
USD	4,870,928	EUR	4,293,000	JPMorgan Chase Bank N.A.		12/05/18		10,454
USD	187,423	EUR	164,000	Morgan Stanley & Co. International PLC		12/05/18		1,745
USD	1,182,901	EUR	1,036,000	State Street Bank and Trust Co.		12/05/18		9,956
USD	1,227,225	GBP	961,000	Barclays Bank PLC		12/05/18		2,618
USD	7,143,700	GBP	5,594,000	Barclays Bank PLC		12/05/18		15,239
USD	2,190,687	GBP	1,713,000	Citibank N.A.		12/05/18		7,803
USD	511,073	MXN	10,254,000	Goldman Sachs International		12/05/18		7,366
USD	387,792	RUB	25,851,000	Bank of America N.A.		12/19/18		2,911
USD	13,474,361	EUR	11,822,000	Citibank N.A.		02/05/19		11,518
USD	992,984	EUR	871,000	UBS AG		02/05/19		1,092
USD	1,402,262	EUR	1,230,000	UBS AG		02/05/19		1,543
USD	4,894,235	EUR	4,293,000	UBS AG		02/05/19		5,384
USD	2,199,081	GBP	1,713,000	Citibank N.A.		02/05/19		8,579
USD	1,227,778	GBP	960,000	JPMorgan Chase Bank N.A.		02/05/19		176
USD	7,154,362	GBP	5,594,000	JPMorgan Chase Bank N.A.		02/05/19		1,026

								188,963

EUR	11,822,000	USD	13,396,690	Citibank N.A.		12/05/18		(11,988	)
EUR	871,000	USD	987,279	UBS AG		12/05/18		(1,145	)
EUR	1,230,000	USD	1,394,205	UBS AG		12/05/18		(1,616	)
EUR	4,293,000	USD	4,866,116	UBS AG		12/05/18		(5,641	)
GBP	1,713,000	USD	2,191,784	Citibank N.A.		12/05/18		(8,899	)
GBP	960,000	USD	1,223,520	JPMorgan Chase Bank N.A.		12/05/18		(187	)
GBP	5,594,000	USD	7,129,553	JPMorgan Chase Bank N.A.		12/05/18		(1,092	)
USD	56,323	NZD	86,000	State Street Bank and Trust Co.		12/05/18		(2,794	)
USD	59,073	NZD	86,000	HSBC Bank USA N.A.		02/05/19		(105	)

								(33,467	)

							$	155,496

OTC Options Purchased

Description

Counterparty

Number of
Contracts

Expiration
Date

Exercise
Price

Notional
Amount (000)

Value

Call

Marsico Parent Superholdco LLC

Goldman Sachs & Co.

12/14/19

USD

942.86

USD

—


			45

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

Centrally Cleared Credit Default Swaps — Sell Protection

Reference Obligation/Index

Financing
Rate Received
by the Fund

Payment
Frequency

Termination
Date

Credit
Rating^(a)

Notional
Amount (000)^(b)

Value

Upfront
Premium
Paid
(Received)

Unrealized
Appreciation
(Depreciation)

Markit CDX North America High Yield Index, Series 31, Version 1

5.00

Quarterly

12/20/23

USD

6,750

372,997

268,407

104,590

^(a)

Using S&P/Standard & Poor’srating of the issuer or the underlying securities of the index, as applicable.

^(b)

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

Centrally Cleared Interest Rate Swaps


Paid by the Fund		Received by the Fund											Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Rate	Frequency	Rate	Frequency	Effective Date		Termination Date		Notional Amount (000)		Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
3-Month LIBOR, 2.74%	Quarterly	2.54	Semi-annual		N/A		09/04/24	USD	18,700	$	(430,324	)	$	184		$	(430,508	)
2.60	Semi-annual	3-Month LIBOR, 2.74%	Quarterly		N/A		09/04/24	USD	18,700		372,178			(56,899	)		429,077
2.24	Semi-annual	3-Month LIBOR, 2.74%	Quarterly		N/A		08/09/27	USD	17,400		963,163			242			962,921
3.01	Semi-annual	3-Month LIBOR, 2.74%	Quarterly		N/A		02/14/48	USD	6,000		113,835			178			113,657

										$	1,018,852		$	(56,295	)	$	1,075,147

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)
Telecom Italia SpA/Milano		1.00	%		Quarterly	Citibank N.A.		12/20/22	BB+		EUR	30	$	(2,140	)	$	(512	)	$	(1,629	)
Casino Guichard Perrachon SA		1.00			Quarterly	BNP Paribas S.A.		06/20/23	BB		EUR	10		(1,987	)		(934	)		(1,053	)
Casino Guichard Perrachon SA		1.00			Quarterly	BNP Paribas S.A.		06/20/23	BB		EUR	10		(1,987	)		(934	)		(1,053	)
Casino Guichard Perrachon SA		1.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/23	BB		EUR	10		(1,987	)		(925	)		(1,062	)
Casino Guichard Perrachon SA		1.00			Quarterly	Bank of America N.A.		06/20/23	BB		EUR	9		(1,838	)		(1,322	)		(516	)
Casino Guichard Perrachon SA		1.00			Quarterly	Citibank N.A.		06/20/23	BB		EUR	21		(4,123	)		(2,796	)		(1,327	)
Casino Guichard Perrachon SA		1.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/23	BB		EUR	5		(1,082	)		(666	)		(416	)
Casino Guichard Perrachon SA		1.00			Quarterly	Citibank N.A.		06/20/23	BB		EUR	9		(1,801	)		(1,184	)		(616	)
Casino Guichard Perrachon SA		1.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/23	BB		EUR	9		(1,802	)		(1,186	)		(617	)
Casino Guichard Perrachon SA		1.00			Quarterly	JPMorgan Chase Bank N.A.		06/20/23	BB		EUR	4		(721	)		(444	)		(277	)
Casino Guichard Perrachon SA		1.00			Quarterly	Barclays Bank PLC		06/20/23	BB		EUR	6		(1,151	)		(681	)		(470	)
Casino Guichard Perrachon SA		1.00			Quarterly	Barclays Bank PLC		06/20/23	BB		EUR	44		(8,784	)		(5,357	)		(3,428	)
Intrum Justitia AB		5.00			Quarterly	Credit Suisse International		06/20/23	BB+		EUR	20		1,087			1,862			(775	)
Intrum Justitia AB		5.00			Quarterly	Credit Suisse International		06/20/23	BB+		EUR	50		2,716			4,928			(2,212	)
Intrum Justitia AB		5.00			Quarterly	Credit Suisse International		06/20/23	BB+		EUR	7		373			755			(382	)
Intrum Justitia AB		5.00			Quarterly	Morgan Stanley & Co. International PLC		06/20/23	BB+		EUR	23		1,257			2,545			(1,288	)
Intrum Justitia AB		5.00			Quarterly	Citibank N.A.		06/20/23	BB+		EUR	9		507			433			74
Intrum Justitia AB		5.00			Quarterly	Citibank N.A.		06/20/23	BB+		EUR	21		1,123			959			165


46

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

OTC Credit Default Swaps — Sell Protection (continued)


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)
Thomas Cook Finance 2 PLC		5.00		Quarterly		Morgan Stanley & Co. International PLC		06/20/23	B+		EUR	50	$	(5,094	)	$	6,227		$	(11,321	)
Casino Guichard Perrachon SA		1.00		Quarterly		Barclays Bank PLC		12/20/23	BB		EUR	60		(13,283	)		(9,610	)		(3,672	)
Chesapeake Energy Corp.		5.00		Quarterly		Barclays Bank PLC		12/20/23	B-		USD	79		(2,852	)		153			(3,005	)
Chesapeake Energy Corp.		5.00		Quarterly		Barclays Bank PLC		12/20/23	B-		USD	62		(2,238	)		604			(2,842	)
Garfunkelux Holdco 2 SA		5.00		Quarterly		JPMorgan Chase Bank N.A.		12/20/23	B-		EUR	13		(2,453	)		(93	)		(2,360	)
Garfunkelux Holdco 2 SA		5.00		Quarterly		Credit Suisse International		12/20/23	B-		EUR	6		(1,069	)		108			(1,177	)
Garfunkelux Holdco 2 SA		5.00		Quarterly		Credit Suisse International		12/20/23	B-		EUR	24		(4,659	)		473			(5,132	)
Telecom Italia SpA/Milano		1.00		Quarterly		Barclays Bank PLC		12/20/23	BB+		EUR	52		(5,699	)		(5,070	)		(629	)
Telecom Italia SpA/Milano		1.00		Quarterly		JPMorgan Chase Bank N.A.		12/20/23	BB+		EUR	48		(5,357	)		(5,037	)		(320	)
Tesco PLC		1.00		Quarterly		Citibank N.A.		12/20/23	BB+		EUR	50		(765	)		(744	)		(21	)
Vougeot Bidco PLC		5.00		Quarterly		Citibank N.A.		12/20/23	B		EUR	15		2,000			1,551			449
Vougeot Bidco PLC		5.00		Quarterly		Citibank N.A.		12/20/23	B		EUR	36		4,667			3,580			1,087
Markit CMBX North America, Series 8		3.00		Monthly		Barclays Bank PLC		10/17/57	N/A		USD	5,000		(417,071	)		(512,085	)		95,014
Markit CMBX North America, Series 8		3.00		Monthly		Credit Suisse International		10/17/57	N/A		USD	2,500		(208,536	)		(253,053	)		44,517
Markit CMBX North America, Series 8		3.00		Monthly		Morgan Stanley & Co. International PLC		10/17/57	N/A		USD	4,450		(372,677	)		(599,361	)		226,684
Markit CMBX North America, Series 9		3.00		Monthly		Morgan Stanley & Co. International PLC		09/17/58	N/A		USD	7,550		(643,032	)		(940,271	)		297,239
Markit CMBX North America, Series 9		3.00		Monthly		Credit Suisse International		09/17/58	N/A		USD	5,000		(425,849	)		(547,492	)		121,643
Markit CMBX North America, Series 9		3.00		Monthly		Credit Suisse International		09/17/58	N/A		USD	5,000		(425,849	)		(547,492	)		121,643
Markit CMBX North America, Series 9		3.00		Monthly		Credit Suisse International		09/17/58	N/A		USD	5,000		(425,849	)		(541,512	)		115,663

		Total											$	(2,978,005	)	$	(3,954,583	)	$	976,578

^(a)

Using S&P/Standard & Poor’s rating of the issuer or the underlying securities of the index, as applicable.

^(b)

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


			47

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

OTC Total Return Swaps


Paid by the Fund		Received by the Fund													Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Reference	Frequency	Rate	Frequency	Counterparty		Effective Date		Termination Date	Notional Amount/ Contract Amount (000)			Value			Upfront Premium Paid (Received)			Unrealized Appreciation (Depreciation)
Markit iboxx USDLiquid Leveraged Loans Total Return Index	Quarterly	3-Month LIBOR, 2.74%	Quarterly		Credit Suisse International		N/A	12/20/18		USD	4,000	$	(50,989	)	$	—		$	(50,989	)
Markit iboxx USDLiquid Leveraged Loans Total Return Index	Quarterly	3-Month LIBOR, 2.74%	Quarterly		JPMorgan Chase Bank N.A.		N/A	12/20/18		USD	2,750		(60,765	)		(3,929	)		(56,836	)
Markit iboxx USDLiquid Leveraged Loans Total Return Index	Quarterly	3-Month LIBOR, 2.74%	Quarterly		JPMorgan Chase Bank N.A.		N/A	12/20/18		USD	2,750		(60,606	)		(5,178	)		(55,428	)

												$	(172,360	)	$	(9,107	)	$	(163,253	)

Fair Value Hierarchy as of Period End

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

•

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

•

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

•

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments and derivative financial instruments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the BlackRock Global Valuation Methodologies Committee (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. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.

Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the Fund’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and derivative financial instruments, refer to the Fund’s most recent financial statements as contained in its annual report.


48

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

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


	Level 1			Level 2			Level 3			Total
Assets:
Investments:
Long-Term Investments:
Asset-Backed Securities	$	—		$	48,681,863		$	1,457,566		$	50,139,429
Common Stocks^(a)		74,704			47,787			1,224,585			1,347,076
Corporate Bonds		—			343,557,380			1,465,589			345,022,969
Floating Rate Loan Interests		—			223,237,321			17,203,469			240,440,790
Foreign Agency Obligations		—			19,330,619			—			19,330,619
Investment Companies		8,497,500			—			—			8,497,500
Non-Agency Mortgage- Backed Securities		—			32,216,295			—			32,216,295
Other Interests		—			—			10			10
Preferred Securities		12,846,152			44,162,814			—			57,008,966
U.S. Government Sponsored Agency Securities		—			31,118,203			—			31,118,203
U.S. Treasury Obligations		—			16,286,898			—			16,286,898
Short-Term Securities:
Foreign Agency Obligations		—			606,404			—			606,404
Short-Term Investment Fund		5,145,861			—			—			5,145,861
Liabilities:
Investments:
Unfunded Floating Rate Loan Interests^(b)		—			(380	)		(883	)		(1,263	)

Subtotal	$	26,564,217		$	759,245,204		$	21,350,336		$	807,159,757

Investments Valued at net asset value (“NAV”)^(c)											40,545
Total Investments										$	807,200,302
Derivative Financial Instruments^(d)
Assets:
Credit contracts	$	—		$	1,128,768		$	—		$	1,128,768
Forward foreign currency contracts		—			188,963			—			188,963
Interest rate contracts		30,008			1,505,655			—			1,535,663
Liabilities:
Credit contracts		—			(47,600	)		—			(47,600	)
Equity contracts		(2,523	)		—			—			(2,523	)
Forward foreign currency contracts		—			(33,467	)		—			(33,467	)
Interest rate contracts		(153,210	)		(593,761	)		—			(746,971	)

	$	(125,725	)	$	2,148,558		$	—		$	2,022,833

^(a)

See above Schedule of Investments for values in each industry.

^(b)

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

^(c)

As of November 30, 2018, certain of the Fund’s Investments were fair valued using NAV per share and have been excluded from the fair value hierarchy.

^(d)

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

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial statement purposes. As of period end, reverse repurchase agreements of $211,278,227 are categorized within as Level 2 the disclosure hierarchy.

During the period ended November 30, 2018, there were no transfers between Level 1 and Level 2.


			49

Schedule of Investments (unaudited) (continued)

November 30, 2018

BlackRock Limited Duration Income Trust (BLW)

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



	Asset- Backed Securities			Common Stocks			Corporate Bonds			Floating Rate Loan Interests			Other Interests		Rights		Warrants		Unfunded Floating Rate Loan Interests			Grand Total
Assets:
Opening balance, as of August 31, 2018	$	1,581,044		$	2,336,114		$	1,507,493		$	9,733,052		$	10	$	—	$	—	$	—		$	15,157,713
Transfers into Level 3^(a)		—			—			—			10,816,097			—		—		—		(270	)		10,815,827
Transfers out of Level 3^(b)		—			—			—			(3,168,273	)		—		—		—		—			(3,168,273	)
Accrued discounts/premiums		(11,621	)		—			(50,411	)		2,148			—		—		—		—			(59,884	)
Net realized gain (loss)		(87,372	)		—			12			(15,216	)		—		—		—		—			(102,576	)
Net change in unrealized appreciation (depreciation)^(c)		63,464			(1,111,529	)		8,506			(328,530	)		—		—		—		(613	)		(1,368,702	)
Purchases		—			—			—			2,108,514			—		—		—		—			2,108,514
Sales		(87,949	)		—			(11	)		(1,944,323	)		—		—		—		—			(2,032,283	)

Closing balance, as of November 30, 2018	$	1,457,566		$	1,224,585		$	1,465,589		$	17,203,469		$	10	$	—	$	—	$	(883	)	$	21,350,336

Net change in unrealized appreciation (depreciation) on investments still held at November 30, 2018^(c)	$	63,464		$	(1,111,528	)	$	8,506		$	(323,502	)	$	—	$	—	$	—	$	(613	)	$	(1,363,673	)

^(a)

As of August 31, 2018, the Fund used observable inputs in determining the value of certain investments. As of November 30, 2018, the Fund used significant unobservable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 2 to Level 3 in the disclosure hierarchy.

^(b)

As of August 31, 2018, the Fund used significant unobservable inputs in determining the value of certain investments. As of November 30, 2018, the Fund used observable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 3 to Level 1 in the disclosure hierarchy.

^(c)

Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at November 30, 2018 is generally due to investments no longer held or categorized as Level 3 at period end.


50

Item 2 – Controls and Procedures

2(a) –

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

2(b) –

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3 – Exhibits

Certifications – Attached hereto

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


BlackRock Limited Duration Income Trust

By:		/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer (principal executive officer) of
		BlackRock Limited Duration Income Trust

Date: January 18, 2019

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By:		/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer (principal executive officer) of
		BlackRock Limited Duration Income Trust

Date: January 18, 2019


By:		/s/ Neal J. Andrews
		Neal J. Andrews
		Chief Financial Officer (principal financial officer) of
		BlackRock Limited Duration Income Trust

Date: January 18, 2019