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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000900092-10-000098.txt : 20100129
<SEC-HEADER>0000900092-10-000098.hdr.sgml : 20100129
<ACCEPTANCE-DATETIME>20100129110013
ACCESSION NUMBER:		0000900092-10-000098
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20091130
FILED AS OF DATE:		20100129
DATE AS OF CHANGE:		20100129
EFFECTIVENESS DATE:		20100129

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK LTD DURATION INCOME TRUST
		CENTRAL INDEX KEY:			0001233681
		IRS NUMBER:				200096695
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21349
		FILM NUMBER:		10556198

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-227

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK LIMITED DURATION INCOME TRUST
		DATE OF NAME CHANGE:	20030611

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MANAGED DURATION INCOME TRUST
		DATE OF NAME CHANGE:	20030529

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MANAGED DURATION TRUST
		DATE OF NAME CHANGE:	20030516
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>blw.htm
<DESCRIPTION>BLW
<TEXT>

<HTML>
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   <TITLE>blw.htm - Produced by Pellegrini and Associates, Inc.  |  134 Spring Street New York NY 10012  |  (212) 925-5151</TITLE>
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<P align="center">
<FONT face="ArialMT,Arial,Helvetica,sans-serif">UNITEDSTATES</FONT><BR>
<FONT face="ArialMT,Arial,Helvetica,sans-serif">SECURITIESANDEXCHANGECOMMISSION</FONT><BR>
<FONT face="ArialMT,Arial,Helvetica,sans-serif">Washington,D.C.20549</FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FORM N-Q</FONT></B><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MANAGEMENT INVESTMENT COMPANY</FONT></B></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Investment Company Act file number 811-21349</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Name of Fund: BlackRock Limited Duration Income Trust (BLW)</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Name and address of agent for service: Anne F. Ackerley, Chief Executive Officer, BlackRock</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Limited Duration Income Trust, 55 East 52</FONT><SUP><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">nd </FONT></SUP><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Street, New York, NY 10055.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Registrant&#146;s telephone number, including area code: (800) 882-0052, Option 4</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date of fiscal year end: 08/31/2010</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date of reporting period: 11/30/2009</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 1 &#150; Schedule of Investments</FONT></P>

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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="26%"></TD>
     <TD width="35%"></TD>
     <TD width="9%"></TD>
     <TD width="6%"></TD>
     <TD width="10%"></TD>
     <TD width="12%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Asset-Backed Securities</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Asset-Backed Securities - 1.7%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Credit Auto Owner Trust, Series 2009-A,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Class A3B, 2.73%, 5/15/13 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,135</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 9,380,137</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Structured Asset Receivables Trust, Series 2003-1A,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Class CTFS, 0.78%, 1/21/10 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">571</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">559,991</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,940,128</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Interest Only - 0.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sterling Bank Trust Series 2004-2, Class Note, 2.08%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/30/30</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">17,375</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,145,681</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sterling Coofs Trust, Series 1, 2.36%, 4/15/29</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">14,491</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,408,344</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,554,025</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Asset-Backed Securities - 2.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12,494,153</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Common Stocks</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Shares</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Auto Components - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lear Corp. (b)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12,644</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">796,419</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Commercial Services &amp; Supplies - </FONT></B><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sirva (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,109</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11,090</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Construction &amp; Engineering -</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USI United Subcontractors (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,111</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">79,444</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Metals &amp; Mining - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Euramax International (b)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">234</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,011</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Common Stocks - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">893,964</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Corporate Bonds</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Air Freight &amp; Logistics - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Park-Ohio Industries, Inc., 8.38%, 11/15/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">905</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">693,456</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Airlines - 0.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Delta Air Lines, Inc., Series B, 9.75%, 12/17/16</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,444</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,444,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Auto Components - 0.0%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Delphi International Holdings Unsecured, 12.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/06/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">65</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">63,320</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Automobiles - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Capital BV, 9.50%, 6/01/10</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">516,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Building Products - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CPG International I, Inc., 10.50%, 7/01/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">750</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">680,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Capital Markets - 0.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">E*Trade Financial Corp., 3.99%, 8/31/19 (c)(d)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">249</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">388,751</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Co., LLC, 10.63%, 1/15/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,651</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,564,090</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Holdco, LLC, 12.50%, 7/15/16 (c)(e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,139</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">244,939</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Superholdco, LLC, 14.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/15/18 (c)(e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">787</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">169,186</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,366,966</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Chemicals - 1.1%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">American Pacific Corp., 9.00%, 2/01/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,100</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,025,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ames True Temper, Inc., 4.28%, 1/15/12 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,085</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,840,012</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Huntsman International LLC, 5.50%, 6/30/16 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,385</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,201,487</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Innophos, Inc., 8.88%, 8/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,225</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,269,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,336,749</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Commercial Services &amp;</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">ACCO Brands Corp., 10.63%, 3/15/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,025</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,105,719</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Supplies - 1.0%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DI Finance, Series B, 9.50%, 2/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,326</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,349,260</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>1</FONT></P>
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<TR>
     <TD width="26%"></TD>
     <TD width="34%"></TD>
     <TD width="11%"></TD>
     <TD width="6%"></TD>
     <TD width="9%"></TD>
     <TD width="12%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Corporate Bonds</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Waste Services, Inc., 9.50%, 4/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,065</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 2,116,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,571,604</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Consumer Finance - 0.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Motor Credit Co. LLC, 7.38%, 2/01/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,800</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,824,791</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Motor Credit Co. LLC, 3.26%, 1/13/12 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">565</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">512,172</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Motor Credit Co. LLC, 7.80%, 6/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,665</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,663,703</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,000,666</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Containers &amp; Packaging - 1.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Berry Plastics Escrow LLC, 8.25%, 11/15/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,400</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,370,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Berry Plastics Holding Corp., 4.50%, 9/15/14 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">510</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">397,800</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Beverage Packaging Holdings Luxembourg II SA, 8.00%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/15/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">165</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">227,935</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Crown Americas LLC, 7.75%, 11/15/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">885</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">902,700</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Impress Holdings BV, 3.41%, 9/15/13 (a)(c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,370</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,286,087</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Pregis Corp., 12.38%, 10/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,020</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,919,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit Kappa Acquisitions, 7.25%, 11/15/17</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,215</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,742,282</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit Kappa Acquisitions, 7.75%, 11/15/19</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,155</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,677,922</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10,523,726</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Financial Services -</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GMAC LLC, 6.88%, 9/15/11 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,050</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,860,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">1.5%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GMAC LLC, 6.88%, 8/28/12 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,371</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,299,022</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Reynolds Group DL Escrow, Inc., 7.75%, 10/15/16 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,615</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,641,150</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,800,797</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Telecommunication</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deutsche Telekom International Finance BV, 8.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 3.3%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/15/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,196,130</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nordic Telephone Co. Holdings ApS, 8.88%, 5/01/16 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,850</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,042,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">PAETEC Holding Corp., 8.88%, 6/30/17 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">992,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Qwest Communications International, Inc., 7.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">610</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">603,900</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Qwest Communications International, Inc., 8.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/01/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Qwest Communications International, Inc., Series B,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7.50%, 2/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,985</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,955,150</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Qwest Corp., 8.38%, 5/01/16 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">590</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">616,550</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Wind Acquisition Finance SA, 10.75%, 12/01/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">900</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">963,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Windstream Corp., 8.13%, 8/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">790</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">807,775</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Windstream Corp., 8.63%, 8/01/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">690</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">695,175</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">19,372,680</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Electric Utilities - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Elwood Energy LLC, 8.16%, 7/05/26</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">138</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">123,477</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Energy Equipment &amp; Services -</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Compagnie Generale de Geophysique-Veritas, 7.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.1%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/15/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">255</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">252,450</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Compagnie Generale de Geophysique-Veritas, 7.75%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/15/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">420</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">415,275</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">North American Energy Partners, Inc., 8.75%, 12/01/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">140</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">138,600</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">806,325</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Food &amp; Staples Retailing - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Duane Reade, Inc., 11.75%, 8/01/15 (c)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">455</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">490,262</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Food Products - 0.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smithfield Foods, Inc., 10.00%, 7/15/14 (c)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,810</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,895,975</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Equipment &amp;</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DJO Finance LLC, 10.88%, 11/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,780</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,925,950</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Supplies - 0.5%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>2</FONT></P>
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     <TD width="26%"></TD>
     <TD width="34%"></TD>
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<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Corporate Bonds</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Providers &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Community Health Systems, Inc. Series WI, 8.88%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 2.3%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7/15/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">450</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 459,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DaVita, Inc., 6.63%, 3/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,980</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,965,150</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tenet Healthcare Corp., 9.00%, 5/01/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">812</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">858,690</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tenet Healthcare Corp., 10.00%, 5/01/18 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,682</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,433,725</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Viant Holdings, Inc., 10.13%, 7/15/17 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,948</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,844,820</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">13,561,385</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Hotels, Restaurants &amp; Leisure -</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">American Real Estate Partners LP, 8.13%, 6/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,860</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,845,350</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">1.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">American Real Estate Partners LP, 7.13%, 2/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,480</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,450,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Greektown Holdings, LLC, 10.75%, 12/01/13 (b)(c)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,344</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">280,560</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tropicana Entertainment, LLC Series WI, 9.63%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/15/14 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">375</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,406</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,577,716</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Household Durables - 1.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Beazer Homes USA, Inc., 12.00%, 10/15/17 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,800</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,104,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Berkline/BenchCraft, LLC, 4.50%, 11/03/12 (b)(e)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">200</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Jarden Corp., 7.50%, 5/01/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">675</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">668,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">K Hovnanian Enterprises, Inc., 10.63%, 10/15/16 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,480</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,549,600</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,321,850</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">IT Services - 0.5%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">iPayment, Inc., 9.75%, 5/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">950</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">719,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">iPayment Investors LP, 12.75%, 7/15/14 (c)(e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,759</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,903,523</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">SunGard Data Systems, Inc., 4.88%, 1/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">215</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">198,069</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,821,217</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Independent Power Producers</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The AES Corp., 8.75%, 5/15/13 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,803</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,852,052</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">&amp; Energy Traders - 2.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Calpine Construction Finance Co. LP, 8.00%, 6/01/16 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,550</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,567,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NRG Energy, Inc., 7.25%, 2/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,660</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,744,525</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NRG Energy, Inc., 7.38%, 2/01/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">475</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">472,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">16,636,952</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industrial Conglomerates -</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sequa Corp., 11.75%, 12/01/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,950</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,625,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">1.3%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sequa Corp., 13.50%, 12/01/15 (c)(e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,678</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,940,169</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,565,669</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Machinery - 1.1%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">AGY Holding Corp., 11.00%, 11/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,700</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,385,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navistar International Corp., 8.25%, 11/01/21</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,700</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,652,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sunstate Equipment Co. LLC, 10.50%, 4/01/13 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,125</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,453,125</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Synventive Molding Solutions, Sub-Series A, 14.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/14/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">740</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">36,976</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,528,351</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Marine - 0.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navios Maritime Holdings, Inc., 9.50%, 12/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">516</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">507,615</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navios Maritime Holdings, Inc., 8.88%, 11/01/17 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,230</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,260,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,768,365</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Media - 4.9%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Affinion Group, Inc., 10.13%, 10/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,825</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,881,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CCH II LLC, 13.50%, 11/30/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,406</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,669,672</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CMP Susquehanna Corp., 3.52%, 5/15/14 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">194</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,880</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EchoStar DBS Corp., 7.00%, 10/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,450</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,450,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EchoStar DBS Corp., 7.13%, 2/01/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">200</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">198,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lighthouse International Co. SA, 8.00%, 4/30/14</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">273</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">243,904</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lighthouse International Co. SA, 8.00%, 4/30/14 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">235</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">209,954</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>3</FONT></P>
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     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
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     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
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     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
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<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Corporate Bonds</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Local Insight Regatta Holdings, Inc., 11.00%, 12/01/17</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,575</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 945,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Network Communications, Inc., 10.75%, 12/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,520</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">611,800</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nielsen Finance LLC, 10.00%, 8/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,695</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,815,087</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">ProtoStar I Ltd., 18.00%, 10/15/12 (b)(c)(d)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,454</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,281,403</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Rainbow National Services LLC, 8.75%, 9/01/12 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">925</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">938,875</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Rainbow National Services LLC, 10.38%, 9/01/14 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,134</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,282,865</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">TL Acquisitions, Inc., 10.50%, 1/15/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,965</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,605,037</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">TVN Finance Corp. Plc, 10.75%, 11/15/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">120</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">181,987</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">UPC Germany GmbH, 8.13%, 12/01/17 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,500,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">28,818,964</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Metals &amp; Mining - 1.5%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Arch Western Finance LLC, 6.75%, 7/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,487,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Murray Energy Corp., 10.25%, 10/15/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,430</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,401,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">New World Resources NV, 7.38%, 5/15/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,400</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,912,970</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Teck Resources Ltd., 10.75%, 5/15/19</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,918,750</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,720,620</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Multiline Retail - 0.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dollar General Corp., 11.88%, 7/15/17 (e)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,673</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,869,577</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Oil, Gas &amp; Consumable Fuels -</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Berry Petroleum Co., 8.25%, 11/01/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">550</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">536,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">2.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Chesapeake Energy Corp., 6.38%, 6/15/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">650</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">604,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Chesapeake Energy Corp., 7.25%, 12/15/18</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,406,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EXCO Resources, Inc., 7.25%, 1/15/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">275</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">273,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">El Paso Corp., 7.00%, 6/15/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,450,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Encore Acquisition Co., 6.00%, 7/15/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">250</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">249,375</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">OPTI Canada, Inc., 8.25%, 12/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">620</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">496,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Overseas Shipholding Group, Inc., 8.75%, 12/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,190</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,209,337</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sabine Pass LNG LP, 7.50%, 11/30/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,515</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,257,450</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">SandRidge Energy, Inc., 4.22%, 4/01/14 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,268,628</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">SandRidge Energy, Inc., 8.63%, 4/01/15 (e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">180</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">172,800</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Whiting Petroleum Corp., 7.25%, 5/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">75</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">75,375</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Whiting Petroleum Corp., 7.25%, 5/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,390</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,396,950</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12,396,540</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Paper &amp; Forest Products -</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Domtar Corp., 7.88%, 10/15/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">1.8%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NewPage Corp., 6.73%, 5/01/12 (a)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">922,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NewPage Corp., 10.00%, 5/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">190</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">122,550</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NewPage Corp., 11.38%, 12/31/14 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,845</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,697,325</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10,752,775</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Pharmaceuticals - 0.2%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Valeant Pharmaceuticals International, 8.38%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/15/16 (c)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,320</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,359,600</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Professional Services - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FTI Consulting, Inc., 7.75%, 10/01/16</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">350</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">345,187</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Semiconductors &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Advanced Micro Devices, Inc., 8.13%, 12/15/17 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">775</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">731,406</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Semiconductor Equipment -</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Software - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">BMS Holdings, Inc., 8.35%, 2/15/12 (a)(c)(e)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">568</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11,362</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>4</FONT></P>
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     <TD width="25%"></TD>
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<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Corporate Bonds</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Specialty Retail - 1.6%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">General Nutrition Centers, Inc., 10.75%, 3/15/15</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,300</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 1,319,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Group 1 Automotive, Inc., 8.25%, 8/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,950,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lazy Days' R.V. Center, Inc., 11.75%, 5/15/12 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,454</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">14,540</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sonic Automotive, Inc. Series B, 8.63%, 8/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,135</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,087,975</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,372,015</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Textiles, Apparel &amp; Luxury</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Levi Strauss &amp; Co., 8.63%, 4/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,400</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,513,619</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Goods - 0.8%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Quiksilver, Inc., 6.88%, 4/15/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,410</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,078,650</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,592,269</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Tobacco - 0.2%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Reynolds American, Inc., 7.63%, 6/01/16</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,086,851</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Wireless Telecommunication</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cricket Communications, Inc., 9.38%, 11/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">30</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">28,875</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 1.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cricket Communications, Inc., 10.00%, 7/15/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">240</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">232,800</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cricket Communications, Inc., 7.75%, 5/15/16 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,250</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,221,875</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Digicel Group Ltd., 8.88%, 1/15/15 (c)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,120</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,086,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Digicel Group Ltd., 9.13%, 1/15/15 (c)(e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,467</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,380,655</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">MetroPCS Wireless, Inc., 9.25%, 11/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">270</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">270,675</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,221,280</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Corporate Bonds - 37.4%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">218,672,779</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Aerospace &amp; Defense - 0.7%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Avio SpA Facility B2, 2.36%, 12/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">977</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">882,721</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Avio SpA Facility C2, 2.98%, 12/14/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">982</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">886,772</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hawker Beechcraft Acquisition Co., LLC, Letter of Credit</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility Deposit, 0.18%, 3/26/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">156</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">116,167</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hawker Beechcraft Acquisition Co., LLC, Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.23% - 2.28%, 3/26/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,630</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,963,217</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,848,877</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Auto Components - 1.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Allison Transmission, Inc., Term Loan, 2.99% - 3.04%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8/07/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,993</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,494,047</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dana Holding Corp., Term Advance, 7.25%, 1/31/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,080</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,748,637</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dayco Products LLC - (Mark IV Industries, Inc.),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Replacement, Term Loan B, 0.00%, 6/01/11 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">20</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10,081</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dayco Products, Term Loan B, 9.25%, 5/13/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">205</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">184,133</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dayco Products, Term Loan C, 11.25%, 11/13/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">29</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">26,005</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lear Corp., Term Loan (Second Lien), 9.00%, 11/09/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,375</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,377,292</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,840,195</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Automobiles - 0.5%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Motor Co., Term Loan, 3.24% - 3.29%, 12/15/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,063</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,683,611</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Beverages - 0.7%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Culligan International Co., Loan (Second Lien), 5.17%,</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/24/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">827,728</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">InBev NV/SA, Bridge Loan, 1.43%, 7/15/13</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,937,189</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Le-Nature's, Inc., Tranche B Term Loan, 9.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/01/11 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">395,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,159,917</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>5</FONT></P>
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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="23%"></TD>
     <TD width="37%"></TD>
     <TD width="11%"></TD>
     <TD width="5%"></TD>
     <TD width="9%"></TD>
     <TD width="12%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Building Products - 1.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Building Materials Corp. of America, Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Advance, 3.00%, 2/22/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,580</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 2,333,174</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Custom Building Products, Inc., Loan (Second Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10.75%, 4/20/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,425,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Goodman Global Holdings, Term Loan B, 6.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/13/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,375</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,373,855</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Momentive Performance Materials (Blitz 06-103 GmbH),</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tranche B-2 Term Loan, 2.69%, 12/04/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">995</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,314,122</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">United Subcontractors, Term Loan (First Lien), 1.79%,</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/30/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">143</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">121,834</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,567,985</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Capital Markets - 0.2%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Co., LLC, Term Loan, 5.00% - 5.06%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">456</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">286,080</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nuveen Investments, Inc., Term Loan, 3.28%, 11/13/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,359</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,134,501</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,420,581</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Chemicals - 3.2%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ashland Inc., Term B Borrowing, 7.65%, 5/13/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">649</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">658,654</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Brenntag AG, Term Loan B, 2.77%, 11/24/37</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">276</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">400,842</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Brenntag Holding GmbH &amp; Co. KG, Facility 3A</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Second Lien), 5.02%, 3/21/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">115</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">167,243</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Brenntag Holding GmbH &amp; Co. KG, Facility 3B</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Second Lien), 4.24%, 7/17/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">484,375</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Brenntag Holding GmbH &amp; Co. KG, Facility 3B</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Second Lien), 5.02%, 3/15/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">385</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">560,069</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Brenntag Holding GmbH &amp; Co. KG, Facility B6A and B6B,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.02%, 11/24/37</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">213</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">310,329</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cognis GmbH Facility B (French), 2.77%, 11/16/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">197</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">275,595</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cognis GmbH Facility B (French), 2.77%, 11/17/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">803</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,125,348</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Edwards (Cayman Islands II) Ltd., Term Loan (First Lien),</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.26%, 5/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">448</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">373,278</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">ElectricInvest Holding Co. Ltd. (Viridian Group Plc)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Junior Term Facility, 4.93%, 4/20/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">894</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,080,201</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">ElectricInvest Holding Co. Ltd. (Viridian Group Plc)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Junior Term Facility, 5.02%, 12/21/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">900</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,191,867</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Gentek, Inc. Term Loan B, 7.00%, 10/20/14</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">700</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">702,917</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Huish Detergents Inc., Tranche B Term Loan, 1.99%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/26/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,234</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,170,449</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ineos US Finance LLC, Term A4 Facility, 9.00%, 12/14/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">334</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">294,566</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nalco Company, Term Loan, 6.50%, 5/13/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,065</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,077,529</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">PQ Corp. (fka Niagara Acquisition, Inc.) Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Second Lien), 6.74%, 7/30/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,900</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,375,912</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">PQ Corp. (fka Niagara Acquisition, Inc.) Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 3.49% - 3.54%, 7/31/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,950</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,476,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Rockwood Specialties Group, Inc., Term Loan H, 6.00%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/15/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">940</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">941,685</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Solutia Inc., Loan, 7.25%, 2/28/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,288</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,303,041</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">18,969,900</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>6</FONT></P>
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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="26%"></TD>
     <TD width="33%"></TD>
     <TD width="17%"></TD>
     <TD width="12%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=3 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Commercial Services &amp; Supplies - </FONT></B><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">ARAMARK Corp., Facility Letter of Credit, 0.29%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">1.6%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/26/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">185 $</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">166,523</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">ARAMARK Corp., U.S. Term Loan, 2.11% - 2.16%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/26/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,808</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,532,091</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Casella Waste Systems, Inc., Term Loan B, 7.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/08/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">633</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">634,996</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EnviroSolutions Real Property Holdings, Inc., Initial Term</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 11.00%, 7/07/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">507</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">365,393</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">SIRVA Worldwide, Inc., Loan (Second Lien), 12.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/12/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">267</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">26,678</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Synagro Technologies, Inc., Term Loan (First Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.23% - 2.24%, 4/02/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,708</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,183,678</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">West Corp., Term Loan B3, 7.25%, 11/08/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,468</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,445,042</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,354,401</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Computers &amp; Peripherals - 0.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Intergraph Corp., Term Loan (Second Lien), 6.26%,</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">750</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">705,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/28/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Consumer Finance - 1.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Chrysler Financial Corp. Return of Capital, 4.24%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8/03/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,750</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,626,938</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DaimlerChrysler Financial Services Americas LLC, Term</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan (First Lien), 4.24%, 8/03/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,975</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,780,144</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,407,082</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Containers &amp; Packaging - 0.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Graham Packaging Co., LP, Term Loan B, 2.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/07/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,530</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,476,844</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit-Stone Container Enterprise, Inc., Deposit</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Funded Facility, 4.50%, 11/01/10 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">92</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">89,664</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit-Stone Container Enterprise, Inc., Tranche B,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.50%, 11/01/11 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">105</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">102,040</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit-Stone Container Enterprise, Inc., Tranche C,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.50%, 11/01/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">198</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">191,711</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit-Stone Container Enterprise, Inc., Tranche C-1</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan, 2.50%, 11/01/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">60</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">57,963</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit-Stone Container, Revolving Credit,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.75% - 5.25%, 11/12/09</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">152</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">148,544</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Smurfit-Stone Container, Revolving Credit U.S.,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.50% - 4.50%, 11/01/09</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">459</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">447,867</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,514,633</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Distributors - 0.0%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Keystone Automotive Operations, Inc., Loan, 3.78% -</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.75%, 1/12/12</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">315</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">197,149</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Consumer</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Coinmach Service Corp., Term Loan, 3.24% - 3.27%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/14/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,679</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,976,786</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 1.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Education Management Corp., Term Loan C, 2.06%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">746</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">684,050</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Laureate Education, Term Loan B, 7.00%, 12/31/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,373,125</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,033,961</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>7</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>
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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="26%"></TD>
     <TD width="34%"></TD>
     <TD width="11%"></TD>
     <TD width="5%"></TD>
     <TD width="12%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Financial Services -</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CIT Group, Term Loan A, 9.50%, 1/20/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,500 $</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,620,420</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">1.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Professional Service Industries, Inc., Term Loan (First</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lien), 2.99%, 10/31/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">564</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">282,021</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Reynolds Group, Term Loan B, 6.25%, 10/28/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,400</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,396,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10,298,941</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Telecommunication</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cavtel Holdings, LLC, Term Loan, 10.50%, 12/31/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,200</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">945,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 1.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hawaiian Telcom Communications, Inc., Tranche C Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 4.75%, 5/30/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,928</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,376,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Integra Telecom Holdings, Inc., Term Loan (First Lien),</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10.50%, 8/31/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,471</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,461,438</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">PAETEC Holding Corp., Replacement Term Loan, 2.73%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/28/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">421</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">395,191</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Wind Telecomunicazioni SpA, A1 Term Loan Facility,</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.01%, 9/22/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,924</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,265,623</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,443,502</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Electric Utilities - 0.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">TPF Generation Holdings, LLC, Synthetic Letter of Credit</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deposit (First Lien), 0.18%, 12/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">151</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">141,134</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">TPF Generation Holdings, LLC, Synthetic Revolving</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deposit, 0.19%, 12/15/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">47</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">44,243</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">TPF Generation Holdings, LLC, Term Loan (First Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.23%, 12/15/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">409</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">383,730</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">569,107</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Electrical Equipment - 0.2%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Electrical Components International Holdings Co. (ECI),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan (Second Lien), 11.50%, 5/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">25,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Generac Acquisition Corp., Term Loan (First Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.78%, 11/10/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,464</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,323,045</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,348,045</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Electronic Equipment,</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Flextronics International Ltd., A Closing Date Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Instruments &amp; Components -</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.49% - 2.54%, 10/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,697</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,466,266</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Flextronics International Ltd., Delay Draw Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.53%, 10/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">775</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">708,697</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Flextronics International Ltd., Term Loan B, 2.54%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,433</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,342,954</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Matinvest 2 SAS/ Butterfly Wendel U.S., Inc.</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Deutsche Connector) B-2 Facility, 2.78%, 6/22/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">478</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">365,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Matinvest 2 SAS/ Butterfly Wendel U.S., Inc.</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Deutsche Connector) C-2 Facility, 3.03%, 6/22/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">829</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">634,352</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,517,894</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>8</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>
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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="26%"></TD>
     <TD width="34%"></TD>
     <TD width="11%"></TD>
     <TD width="5%"></TD>
     <TD width="12%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Energy Equipment &amp; Services -</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dresser, Inc., Term Loan B, 2.52%, 5/04/14</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,132 $</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,038,544</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">MEG Energy Corp., Initial Term Loan, 2.29%, 4/03/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">483</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">438,472</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Trinidad USA Partnership LP, U.S. Term Loan, 2.74%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/01/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,018</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">875,673</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,352,689</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Food &amp; Staples Retailing - 2.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">AB Acquisitions Topco 2 Ltd. (fka Alliance Boots),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility B1, 3.52%, 7/09/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,039,391</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DS Waters of America, Inc., Term Loan, 4.29%,</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/20/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">429,167</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Pilot Travel Centers, Term Loan B, 0.00%, 11/18/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,502,916</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Rite Aid Corp., Tranche 4 Term Loan, 9.50%, 6/10/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,150</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,210,916</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">WM. Bolthouse Farms, Inc., Term Loan (First Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.56%, 12/16/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">843</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">817,691</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12,000,081</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Food Products - 1.2%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dole Food Co., Inc., Credit-Linked Deposit, 0.28%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/12/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">280</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">280,988</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dole Food Co., Inc., Tranche B Term Loan, 8.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/12/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">488</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">489,923</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Michael Foods, Term Loan B, 6.50%, 4/24/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,478</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,482,117</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Michaels Stores, Inc., Term Loan B, 4.81%, 7/31/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">672</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">596,724</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Solvest, Ltd. (Dole), Tranche C Term Loan, 8.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/12/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,612</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,619,205</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Wm. Wrigley Jr. Co., Tranche B Term Loan, 6.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9/30/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,437</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,444,060</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,913,017</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Equipment &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Biomet, Inc., Dollar Term Loan, 3.25% - 3.28%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Supplies - 0.7%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/25/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,674</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,581,892</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">DJO Finance, LLC (ReAble Therapeutics Fin LLC), Term</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 3.23% - 3.28%, 5/20/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,456</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,305,805</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,887,697</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Providers &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CCS Medical, Inc. (Chronic Care), Loan Debtor in</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 2.6%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Possession, 11.00%, 11/16/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">31</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">31,247</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CCS Medical, Inc. (Chronic Care), Term Loan (First Lien),</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4.35%, 9/30/12 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">875</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">457,916</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CCS Medical Return of Capital, 0.00%, 9/30/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,100</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">575,666</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CHS/Community Health Systems, Inc., Delayed Draw</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan, 2.51%, 7/25/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">410</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">374,700</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CHS/Community Health Systems, Inc., Funded Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 2.51%, 7/25/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,041</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7,347,719</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Catalent Pharma Solutions, Inc. (fka Cardinal Health</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">409, Inc.), Term Loan, 2.69%, 11/19/37</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">655</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">845,821</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HCA Inc., Tranche A-1 Term Loan, 1.78%, 11/17/12</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,324</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,158,169</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>9</FONT></P>
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<TR>
     <TD width="26%"></TD>
     <TD width="35%"></TD>
     <TD width="16%"></TD>
     <TD width="12%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HealthSouth Corp., Term Loan, 2.54% - 2.55%, 3/10/13 USD</FONT>&nbsp;</TD>
     <TD align=right>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,265 $</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,176,103</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HealthSouth, Term Loan B2, 4.04% - 4.05%, 3/15/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,041</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">980,560</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Vanguard Health Holding Co. II, LLC (Vanguard Health</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">System, Inc.), Replacement Term Loan, 2.49%, 9/23/11</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,313</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,271,528</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">15,219,429</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Technology - 0.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sunquest Information Systems, Inc. (Misys Hospital</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Systems, Inc.), Term Loan, 3.54%, 10/13/14</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">455,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Hotels, Restaurants &amp; Leisure -</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">BLB Worldwide Holdings, Inc. (Wembley, Inc.), First</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">3.5%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Priority Term Loan, 4.75%, 7/18/11 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,989</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,178,486</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Busch Entertainment Corp., Term Loan, 5.75%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/05/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,250</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,250,813</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CCM Merger Inc. (Motor City Casino), Term B Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8.50%, 7/13/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,492</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,417,539</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Green Valley Ranch Gaming, LLC, Term Loan (Second</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lien), 3.55%, 8/16/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">337,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Harrah's Operating Co., Inc.,, Term Loan B, 9.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/31/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,250</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,209,688</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Harrah's Operating Co., Inc., Term Loan B-1, 3.28%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/28/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">449</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">347,475</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Harrah's Operating Co., Inc., Term Loan B-3, 3.28%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/28/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">548</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">424,314</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">OSI Restaurant Partners, LLC, Pre-Funded RC Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">0.12% - 2.56%, 6/14/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">32</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">26,032</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Penn National Gaming, Inc., Term Loan B, 1.98% -</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.03%, 10/03/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,828</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,695,227</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">QCE, LLC (Quiznos), Term Loan (First Lien), 2.56%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/05/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,935</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,556,868</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Travelport LLC (fka Travelport Inc.), Loan, 8.28%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/27/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,702</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,185,038</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Universal City Development, Term Loan B, 7.75%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/29/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,750</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,730,080</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">20,359,060</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Household Durables - 0.8%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Berkline/Benchcraft, LLC., Term Loan, 6.58%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/03/11 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">107</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,373</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Jarden Corporation, Term Loan B3, 2.78%, 1/24/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">761</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">740,139</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Simmons Bedding Co., Tranche D Term Loan, 9.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/19/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,250</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,201,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Yankee Candle Co., Inc., Term Loan, 2.24%, 2/06/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">947</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">871,025</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,817,787</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Household Products - 0.2%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Central Garden &amp; Pet Co., Tranche B Term Loan, 1.74%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9/30/12</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">988</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">928,633</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>10</FONT></P>
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<TR>
     <TD width="27%"></TD>
     <TD width="34%"></TD>
     <TD width="10%"></TD>
     <TD width="5%"></TD>
     <TD width="12%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">IT Services - 1.5%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Amadeus IT Group SA / Amadeus Verwaltungs GmbH</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term B3 Facility, 2.42%, 6/30/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">307 $</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">428,387</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Amadeus IT Group SA / Amadeus Verwaltungs GmbH</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term B4 Facility, 2.42%, 6/30/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">184</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">255,767</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Amadeus IT Group SA / Amadeus Verwaltungs GmbH</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term C3 Facility, 2.92%, 6/30/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">307</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">428,387</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Amadeus IT Group SA / Amadeus Verwaltungs GmbH</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term C4 Facility, 2.92%, 6/30/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">184</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">255,767</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Audio Visual Services Group, Inc., Loan (Second Lien),</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6.79%, 8/28/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,059</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">105,867</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ceridian Corp, US Term Loan, 3.24% - 3.28%, 11/09/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,385</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,194,160</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Data Corp., Initial Tranche B-1 Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.99% - 3.04%, 9/24/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,654</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,040,691</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Data Corp., Initial Tranche B-2 Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.03% - 3.04%, 9/24/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,234</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,025,120</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">First Data Corp., Initial Tranche B-3 Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.03% - 3.04%, 9/24/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">561</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">465,559</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">RedPrairie Corp., Term Loan B, 5.25% - 3.31%, 7/20/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">605</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">568,608</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">SunGard Data Systems Inc. (Solar Capital Corp.),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Incremental, Term Loan, 6.75%, 2/28/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,194</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,200,537</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8,968,850</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Independent Power Producers &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Texas Competitive Electric Holdings Co., LLC (TXU)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Energy Traders - 0.7%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Initial Tranche B-2 Term Loan, 3.74% - 3.78%, 10/10/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,577</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,919,821</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Texas Competitive Electric Holdings Co., LLC (TXU)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Initial Tranche B-3 Term Loan, 3.74% - 3.78%, 10/10/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,726</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,013,205</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,933,026</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Insurance - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Conseco, Inc, Term Loan, 6.50%, 10/10/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">696</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">633,397</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Leisure Equipment &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">24 Hour Fitness Worldwide, Inc., Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Products - 0.2%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.74% - 2.79%, 6/08/12</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">965</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">894,234</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Life Sciences Tools &amp; Services -</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Life Technologies Corp., Term B Facility, 5.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/23/15</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,783</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,779,380</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Machinery - 1.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Accuride, Debtor In Possession, Term Loan, 10.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/07/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">279</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">279,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Accuride, Term Loan, 6.00%, 1/31/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,935</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,912,987</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Blount, Inc., Term Loan B, 1.99% - 3.25%, 8/09/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">649</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">636,484</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">LN Acquisition Corp. (Lincoln Industrial), Initial Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan (Second Lien), 6.04%, 1/09/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">990,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NACCO Materials Handling Group, Inc., Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.23% - 2.52%, 3/21/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">484</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">382,163</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navistar Financial Corp., Tranche A Term Loan, 2.25%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/27/10</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,967,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navistar International Corp., Revolving Credit-Linked</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deposit, 3.50%, 1/19/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">533</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">527,333</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>11</FONT></P>
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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="19%"></TD>
     <TD width="42%"></TD>
     <TD width="16%"></TD>
     <TD width="12%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Navistar International Corp., Term Advance, 3.50%,</FONT>&nbsp;</TD>
     <TD align=right>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/19/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,467 $</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,450,167</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Oshkosh Truck Corp., Term B Loan, 6.29% - 6.33%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/06/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,570</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,565,097</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Standard Steel, LLC, Delayed Draw Term Loan, 8.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7/02/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">74</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">63,277</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Standard Steel, LLC, Initial Term Loan, 9.00%, 7/02/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">368</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">313,951</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11,087,959</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Marine - 0.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Delphi Acquisition Holding I BV (fka Dockwise)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility B2, 2.28%, 1/12/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">939</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">890,350</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Delphi Acquisition Holding I BV (fka Dockwise)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility C2, 3.16%, 1/11/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">939</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">890,350</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,780,700</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Media - 11.2%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Acosta, Inc., Term Loan, 2.49%, 7/28/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">968</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">879,216</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Affinion Group Holdings, Inc., Loan, 8.27%, 3/01/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,048</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">929,790</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Alpha Topco Limited (Formula One) Facility D, 3.73%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/30/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">823,929</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Atlantic Broadband Finance, LLC, Term Loan B-2-B,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6.75%, 6/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">933</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">921,331</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Atlantic Broadband Finance, LLC, Tranche B-2-A Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 2.54%, 9/01/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">35</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">33,771</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Catalina Marketing Corp., Initial Term Loan, 2.99%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">764</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">708,763</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cengage Learning Acquisitions, Inc. (Thomson Learning),</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Tranche 1 Incremental Term Loan, 7.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7/03/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,703</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,642,949</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cequel Communications, LLC, Term Loan, 2.26% - 4.25%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/05/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,178</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,698,626</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Cequel Communications, LLC, Tranche B Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Second Lien), 6.26%, 5/05/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,738</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,724,488</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Charter Communications Operating, LLC, New Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 4.26%, 3/06/14 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,273</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,949,351</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Charter Communications, Term Loan B1, 9.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/25/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">746</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">753,674</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FoxCo Acquisition Sub, LLC, Term Loan, 7.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7/14/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,893</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,746,404</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HIT Entertainment, Inc., Term Loan (Second Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.78%, 2/26/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">540,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HMH Publishing Co. Ltd., Mezzanine, 17.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11/14/14 (e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,921</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">384,297</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">HMH Publishing Co. Ltd., Tranche A Term Loan, 5.28%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6/12/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,635</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,387,714</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hanley-Wood, LLC (FSC Acquisition), Term Loan, 2.53%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/08/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,724</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,143,975</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>12</FONT></P>
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     <TD width="17%"></TD>
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<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Harland Clarke Holdings Corp. (fka Clarke American</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Corp.), Tranche B Term Loan, 2.73% - 2.78%, 6/30/14</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,466</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 1,202,702</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Insight Midwest Holdings, LLC, Term Loan B, 2.29%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4/07/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,550</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,447,035</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Intelsat Corp. (fka PanAmSat Corp.), Term B-2-A, 2.74%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/03/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">586</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">542,970</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Intelsat Corp. (fka PanAmSat Corp.), Term B-2-B, 2.74%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/03/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">586</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">542,804</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Intelsat Corp. (fka PanAmSat Corp.), Term B-2-C, 2.74%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/03/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">586</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">542,804</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lamar Media Corp., B Incremental, 5.50%, 9/28/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,206</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,188,504</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lamar Media Corp., Term Loan, 5.50%, 9/30/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">493</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">489,132</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lavena Holding 3 GmbH (Prosiebensat.1 Media AG)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility B1, 3.53%, 6/30/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">337</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">334,335</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lavena Holding 3 GmbH (Prosiebensat.1 Media AG)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility C1, 3.78%, 6/30/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">337</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">334,335</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lavena Holding 3 GmbH (Prosiebensat.1 Media AG)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility D, 4.90%, 12/28/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">904</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">515,962</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">MCC Iowa LLC (Mediacom Broadband Group), Tranche E</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan, 6.50%, 1/03/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">448</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">448,013</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">MCNA Cable Holdings LLC (OneLink Communications),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 7.23%, 3/01/13 (e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,933</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">773,361</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Mediacom Illinois, LLC (fka Mediacom Communications,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">LLC), Tranche D Term Loan, 5.50%, 3/31/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">996,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Metro-Goldwyn-Mayer Inc., Tranche B Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">20.50%, 4/09/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,175</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,359,375</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Mission Broadcasting, Inc., Term B Loan, 6.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">953</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">864,550</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Multicultural Radio Broadcasting, Inc., Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.99%, 12/18/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">311</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">233,250</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">NTL Cable Plc, Term Loan, 2.90%, 11/19/37</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">583</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">936,033</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">New Vision Exit, Term Loan, 13.00%, 10/01/12</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">160</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">160,050</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Newsday, LLC, Fixed Rate Term Loan, 10.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,755</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,930,235</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nexstar Broadcasting, Inc, Term Loan B, 5.00%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,008</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">914,316</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nielsen Co., Term Loan B, 3.99%, 5/01/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,711</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,477,776</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Nielsen Finance LLC, Class A, Dollar Term Loan, 2.24%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8/09/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,302</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,169,593</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Penton Media, Inc., Loan (Second Lien), 5.28%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/01/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">203,333</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Penton Media, Inc., Term Loan (First Lien), 2.62%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,097</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">717,082</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Protostar Ltd., Debtor in Possession, Term Loan, 18.00%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/15/09 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">673</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">673,313</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>13</FONT></P>
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<TR>
     <TD width="26%"></TD>
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<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Springer Term Loan B, 2.69%, 9/16/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">820</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 775,794</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Springer Term Loan C, 3.03%, 5/05/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">597</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">564,687</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Springer Term Loan E-2, 3.29%, 9/16/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">229</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">216,787</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Springer Term Loan E-2-4, 3.29%, 9/16/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">311</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">293,940</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Sunshine Acquisition Ltd. (aka HIT Entertainment), Term</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Facility, 2.53%, 3/20/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,407</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,064,086</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">TWCC Holding Corp., Term Loan, 7.25%, 9/14/15</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,492</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,491,839</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Telecommunications Management, LLC Multi-Draw Term</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 3.761%, 6/30/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">232</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">171,473</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Telecommunications Management, LLC Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3.761%, 6/30/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">919</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">680,153</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">UPC Financing Partnership, Facility U, 4.43%, 12/31/17</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,838</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,545,952</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Virgin Media Investment Holdings Ltd., C Facility, 3.58%,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7/17/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,055,295</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=6 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">World Color Press Inc. and World Color (USA) Corp. (fka</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Quebecor World Inc.), Advance, 9.00%, 7/23/12</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,298</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,300,897</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Yell Group Plc, Term Loan A, 7.12%, 8/09/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">898</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">821,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Yell Group Plc, Term Loan B, 3.28%, 8/09/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,817</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,408,226</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">65,656,145</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Metals &amp; Mining - 0.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Essar Steel Algoma Inc. (fka Algoma Steel Inc.), Term</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Loan, 8.00%, 6/20/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">494</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">465,300</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Multi-Utilities - 0.3%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FirstLight Power Resources, Inc. (fka NE Energy, Inc.)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Synthetic Letter of Credit, 0.16%, 11/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">244</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">222,321</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">FirstLight Power Resources, Inc. (fka NE Energy, Inc.)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Term Loan B (First Lien), 3.13%, 11/01/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,895</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,725,478</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Mach Gen, LLC, Synthetic Letter of Credit Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 0.03%, 2/22/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">69</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">63,236</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,011,035</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Multiline Retail - 0.6%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dollar General Corp., Tranche B-2 Term Loan, 2.98%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">7/07/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">249</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">232,161</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hema BV, Term Loan B, 5.43%, 1/01/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,600</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,771,855</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The Neiman Marcus Group Inc., Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.24% - 2.32%, 4/06/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">350</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">297,695</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,301,711</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Oil, Gas &amp; Consumable Fuels -</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Big West Oil, LLC, Delayed Advance Loan, 6.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">1.1%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/15/14 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,268</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,204,303</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Big West Oil, LLC, Initial Advance Loan, 6.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/15/14 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,007</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">956,999</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Coffeyville Resources, LLC, Tranche D Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8.50%, 12/30/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">778</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">773,199</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Drummond Co., Inc., Term Advance, 1.48%, 2/14/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">950</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">921,500</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>14</FONT></P>
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<TR>
     <TD width="26%"></TD>
     <TD width="33%"></TD>
     <TD width="17%"></TD>
     <TD width="9%"></TD>
     <TD width="12%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=5 align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Niska Gas Storage Canada ULC, Canadian, Term Loan B,</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1.98%, 5/12/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">450</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 417,608</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Niska Gas Storage U.S., LLC, U.S. Term Loan B, 1.98%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5/12/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">47</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">43,878</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Niska Gas Storage U.S., LLC, Wild Goose Acquisition</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Draw-US Term B, 1.99%, 5/12/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">32</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">29,722</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Turbo Beta Ltd., Dollar Facility, 14.50%, 3/15/18</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,107</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,330,043</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,677,252</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Paper &amp; Forest Products - 1.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Georgia-Pacific LLC, Term Loan B, 2.24% - 2.30%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">12/22/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,508</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,278,538</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Georgia-Pacific LLC, Term Loan B-2, 2.21%, 12/20/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,893</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,796,256</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Verso Paper Finance Holdings LLC, Loan, 7.28%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2/01/13 (e)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">611</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">219,798</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,294,592</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Personal Products - 0.5%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">American Safety Razor Co., LLC, Term Loan (First Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.54% - 2.79%, 7/25/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">625</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">586,458</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">American Safety Razor Co., LLC, Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Second Lien), 6.54%, 1/30/14</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,054,167</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,640,625</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Pharmaceuticals - 0.4%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Warner Chilcott, Term Loan A, 5.50%, 10/14/14</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">881</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">878,046</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Warner Chilcott, Term Loan B, 5.75%, 3/30/15</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">441</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">439,023</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Warner Chilcott, Term Loan B1, 5.75%, 4/30/15</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">969</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">965,850</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,282,919</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Real Estate Management &amp;</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Enclave, Term Loan B, 6.14%, 3/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">360,864</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Development - 0.9%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Georgian Towers, Term Loan, 6.14%, 3/01/12</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">341,721</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Pivotal Promontory, LLC, Term Loan (Second Lien),</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11.50%, 8/31/11 (b)(f)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">750</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">37,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realogy Corp., Delay Draw Term Loan, 3.28%, 10/10/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,550</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,314,271</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realogy Corp., Initial Term Loan B, 3.29%, 10/10/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">985</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">835,070</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realogy Corp., Synthetic Letter of Credit, 3.15%, 10/10/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">265</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">224,826</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realogy Corp., Term Loan (Second Lien), 13.50%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10/15/17</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,250</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,316,375</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,430,627</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Software - 0.1%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Bankruptcy Management Solutions, Inc., Term Loan</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(First Lien), 4.23%, 7/31/12</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">945</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">406,457</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Specialty Retail - 0.6%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Adesa, Inc. (KAR Holdings, Inc.), Initial Term Loan,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.49%, 10/21/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,250</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,147,916</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Eye Care Centers of America, Inc., Term Loan, 4.75%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/01/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">519</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">502,523</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Michaels Stores, Inc. Term Loan B, 2.56%, 10/31/13</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">500</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">429,876</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">OSH Properties LLC (Orchard Supply), Term Loan B,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2.69%, 12/04/11</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,500</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,291,500</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,371,815</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>15</FONT></P>
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<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate Loan Interests (a)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Textiles, Apparel &amp; Luxury</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Hanesbrands Inc., Term Loan B, 5.03% - 5.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9/05/13</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">728</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 726,996</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Goods - 0.2%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">St. John Knits International, Inc., Term Loan, 9.25%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/23/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">600</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">509,753</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Springer, Term Loan E, 3.29%, 9/16/12</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">45</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">42,651</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,279,400</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Trading Companies &amp;</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Beacon Sales Acquisition, Inc., Term Loan B, 2.23%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Distributors - 0.2%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9/30/13</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,188</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,104,435</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Wireless Telecommunication</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Digicel International Finance Ltd., Tranche A, 2.81%,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 0.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/30/12</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,883</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,803,310</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Floating Rate Loan Interests - 51.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">298,617,343</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Foreign Agency Obligations</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Peru Government International Bond, 8.38%, 5/03/16</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,871</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,966,975</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Turkey Government International Bond, 7.00%, 9/26/16</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,093</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,653,230</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Foreign Agency Obligations - 2.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11,620,205</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Beneficial</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Interest</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Other Interests (g)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Auto Components - 0.6%</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Dayco (Mark IV) LLC Equity Interests</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">110,832</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Delphi Debtor in Possession Hold Co. LLP, Class B</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Membership Interests</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,551,607</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lear Corp. Escrow</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,285</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">13</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,662,452</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Diversified Financial Services -</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">JG Wentorth LLC Preferred Equity Interests</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,183,924</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.2%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Health Care Providers &amp;</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Critical Care Systems International, Inc.</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">8</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,525</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Services - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Household Durables - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Berkline Benchcraft Equity LLC</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Media - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">New Vision LLC Holdings</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">35</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">287,505</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Other Interests - 0.9%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,135,406</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Preferred Stocks</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Shares</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Capital Markets - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Superholdco, LLC, 16.75% (b)(h)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">177</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">39,825</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Media - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CMP Susquemanna Radio Holdings Corp. (h)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">45,243</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Preferred Stocks - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">39,825</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">U.S. Government Sponsored Agency Obligations</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Agency Obligations - 2.9%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Fannie Mae, 7.25%, 1/15/10</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">17,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">17,149,991</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Mortgaged-Backed Securities -</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Fannie Mae Guaranteed Pass-Through Certificates:</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">23.2%</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.00%, 12/15/24 (i)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">121,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">128,524,749</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.50%, 12/01/28 - 11/01/33 (j)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,282</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,713,147</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">135,237,896</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total U.S. Government Sponsored</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Agency Obligations - 26.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">152,387,887</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>16</FONT></P>
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<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="26%"></TD>
     <TD width="34%"></TD>
     <TD width="16%"></TD>
     <TD width="13%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Percentages shown are based on Net Assets)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Par</FONT></B>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">U.S. Treasury Obligations</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">U.S. Treasury Notes, 4.25%, 8/15/15</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,815 $</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,007,844</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total U.S. Treasury Obligations - 0.3%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,007,844</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Industry</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Warrants (k)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Shares</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Auto Components - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Lear Corp. (expires 11/09/14) (b)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,933</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">303,372</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Machinery - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Synventive Molding Solutions (expires 1/15/13) (b)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Media - 0.0%</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">CMP Susquemanna Radio Holdings Corp. (expires</FONT>&nbsp;</TD>
     <TD align=right>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3/26/19) (b)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">51,701</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Oil, Gas &amp; Consumable Fuels -</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Turbo Cayman Ltd. (No Expiration) (b)</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Warrants - 0.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">303,373</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Long-Term Investments</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Cost - $745,548,604) - 120.1%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">702,172,779</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Short-Term Securities</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">BlackRock Liquidity Funds, TempFund, Institutional</FONT>&nbsp;</TD>
     <TD align=right>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Class, 0.16% (l)(m)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">31,790,916</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">31,790,916</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Short-Term Securities</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Cost - $31,790,916) - 5.4%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">31,790,916</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Options Purchased</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Contracts</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Over-the-Counter Call</FONT></B>&nbsp;</TD>
     <TD colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Marsico Parent Superholdco LLC, Strike Price USD 942.86,</FONT>&nbsp;</TD>
     <TD align=right>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Options</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Expires 12/21/19, Broker, Goldman Sachs &amp; Co.</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">46</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">46,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Options Purchased</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right>&nbsp;</TD>
     <TD align=right>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Cost - $44,978) - 0.0%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">46,000</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total Investments</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Cost - $777,384,498*) - 125.5%</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">734,009,695</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Liabilities in Excess of Other Assets - (25.5)%</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(149,359,045)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Net Assets - 100.0%</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 584,650,650</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">* The cost and unrealized appreciation (depreciation) of investments as of November 30, 2009, as computed</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">for federal income tax purposes, were as follows:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="58%"></TD>
     <TD width="41%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Aggregate cost</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 777,921,911</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Gross unrealized appreciation</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 15,244,781</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Gross unrealized depreciation</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(59,156,997)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Net unrealized depreciation</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (43,912,216)</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(a) Variable rate security. Rate shown is as of report date.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(b) Non-income producing security.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">transactions exempt from registration to qualified institutional investors.</FONT><BR>
<BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(d) Convertible security.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(e) Represents a payment-in-kind security which may pay interest/dividends in additional par/shares.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(f) Issuer filed for bankruptcy and/or is in default of interest payments.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(g) Other interests represent beneficial interest in liquidation trusts and other reorganization entities and are non-</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">income producing.</FONT></P>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>17</FONT></P>
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<P align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B><BR>
<BR>
<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B></P>
<P align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(h) Security is perpetual in nature and has no stated maturity date.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(i) Represents or includes a "to-be-announced" transaction. The Trust has committed to purchasing (selling) securities</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">for which all specific information is not available at this time.</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="33%"></TD>
     <TD width="39%"></TD>
     <TD width="27%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Value</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Goldman Sachs &amp; Co.</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 128,524,748</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 1,039,904</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(j) All or a portion of security has been pledged as collateral for financial futures contracts.</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(k) Warrants entitle the Trust to purchase a predetermined number of shares of common stock and are non-income</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">producing. The purchase price and number of shares are subject to adjustment under certain conditions until the</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">expiration date.</FONT><BR>
<BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(l) Investments in companies considered to be an affiliate of the Trust, for purposes of Section 2(a)(3) of the</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Investment Company Act of 1940, were as follows:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="49%"></TD>
     <TD width="11%"></TD>
     <TD width="21%"></TD>
     <TD width="16%"></TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Affiliate</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=right>&nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Net Activity</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Income</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">BlackRock Liquidity Funds, TempFund,</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Institutional Class</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(64,880,650)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 33,890</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(m) Represents the current yield as of report date.</FONT><BR>
<FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">For Trust compliance purposes, the Trust's industry classifications refer to any one or more of the industry</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and /or</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">as defined by Trust management. This definition may not apply for purposes of this report, which may</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">combine industry sub-classifications for reporting ease.</FONT><BR>
<BR>
<FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Currency Abbreviations:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="7%"></TD>
     <TD width="2%"></TD>
     <TD width="14%"></TD>
     <TD width="8%"></TD>
     <TD width="12%"></TD>
     <TD width="19%"></TD>
     <TD width="23%"></TD>
     <TD width="13%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">EUR</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Euro</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">GBP</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">British Pound</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">USD</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">US Dollar</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=7 align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Foreign currency exchange contracts as of November 30, 2009 were as follows:</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD colSpan=3 align=left>&nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Currency</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=left>&nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Purchased</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=left>&nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Currency Sold</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Settlement Date</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Depreciation</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">EUR</FONT>&nbsp;</TD>
     <TD colSpan=2 align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">18,598,500</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">27,686,417</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Citibank NA</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/20/10</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (235,108)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">GBP</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,292,000</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">10,289,176</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Citibank NA</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1/27/10</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(57,773)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (292,881)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=7 align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Financial futures contracts purchased as of November 30, 2009 were as follows:</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Contracts</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Issue</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Expiration Date</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Face Value</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">47</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5-Year U.S. Treasury Bond</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">March 2010</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 5,464,220</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 47,264</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=center><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Credit default swaps on single-name issues - buy protection outstanding as of November 30, 2009 were as</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">follows:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="15%"></TD>
     <TD width="11%"></TD>
     <TD width="24%"></TD>
     <TD width="17%"></TD>
     <TD width="5%"></TD>
     <TD width="10%"></TD>
     <TD width="13%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Unrealized</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Pay Fixed</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD colSpan=2 align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Notional Amount</FONT></B>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Appreciation</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Issuer</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Rate</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Counterparty</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Expiration</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(000)</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">(Depreciation)</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">K Hovnanian</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Enterprises, Inc.</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.00%</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Goldman Sachs Bank USA</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">December 2011</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">800</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (10,719)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Motor Co.</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.00%</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deutsche Bank AG</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">September 2014</FONT>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,000</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">13,540</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Ford Motor Co.</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5.00%</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Deutsche Bank AG</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">September 2014</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">USD</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1,300</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(1,000)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 1,821</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>&#149; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Currency Abbreviations:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="30%"></TD>
     <TD width="69%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">EUR</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Euro</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">GBP</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">British Pound</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">USD</FONT></B>&nbsp;</TD>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">US Dollar</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>18</FONT></P>
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<A name="page_21"></A>
<P align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B><BR>
<BR>
<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009</FONT></B></P>
<P align=left><FONT size=2 face=Wingdings,WingDings>&#159; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Fair Value Measurements - Various inputs are used in determining the fair value of investments, which are as</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">follows:</FONT><BR>
<BR>
<FONT size=2 face=Wingdings,WingDings>&#159; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 1 - price quotations in active markets/exchanges for identical assets and liabilities</FONT><BR>
<FONT size=2 face=Wingdings,WingDings>&#159; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 2 - other observable inputs (including, but not limited to: quoted prices for similar assets or</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">markets that are not active, inputs other than quoted prices that are observable for the assets or</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">risks and default rates) or other market-corroborated inputs)</FONT><BR>
<BR>
<FONT size=2 face=Wingdings,WingDings>&#159; </FONT><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 3 - unobservable inputs based on the best information available in the circumstances, to the</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">extent observable inputs are not available (including the Trust's own assumptions used in determining</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">the fair value of investments)</FONT><BR>
<BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">investing in those securities. For information about the Trust's policy regarding valuation of investments and</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">other significant accounting policies, please refer to the Trust's most recent financial statements as contained in</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">its annual report.</FONT></P>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The following table summarizes the inputs used as of November 30, 2009 in determining the fair valuation of the</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Trust's investments:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="64%"></TD>
     <TD width="35%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Valuation</FONT></B>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Investments in</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Inputs</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Securities</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Assets</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 1</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Long-Term Investments:</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Common Stocks</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 796,419</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Short Term Securities</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">31,790,916</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Total Level 1</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">32,587,335</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 2</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Long-Term Investments:</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Asset Backed Securities</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">9,380,137</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Common Stocks</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11,090</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Corporate Bonds</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">211,925,137</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">201,691,768</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Foreign Agency Obligations</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">11,620,205</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Preferred Stocks</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">39,825</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">U.S. Government Sponsored Agency</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Obligations</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">152,387,887</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">U.S. Government Obligations</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">U.S. Treasury Obligations</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,007,844</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Warrants</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">303,373</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Total Level 2</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">589,367,266</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 3</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Long-Term Investments:</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Asset Backed Securities</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,114,016</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Common Stocks</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">86,455</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Corporate Bonds</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">6,747,642</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Floating Rate Loan Interests</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">96,925,575</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Other Interests</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">5,135,406</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Total Level 3</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">112,009,094</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 733,963,695</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>19</FONT></P>
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<A name="page_22"></A>
<P align=left><B><FONT face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B><BR>
<BR>
<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009</FONT></B></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="25%"></TD>
     <TD width="42%"></TD>
     <TD width="31%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Valuation</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Inputs</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Other Financial Instruments</FONT></B><B><SUP><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">1</FONT></SUP></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Assets</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Liabilities</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 1</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 47,264</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 2</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">59,540</FONT>&nbsp;</TD>
     <TD align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (304,600)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Level 3</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(110,270)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 106,804</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (414,870)</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><SUP><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">1 </FONT></SUP><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Other financial instruments are swaps, financial futures contracts, options</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">purchased, unfunded loan commitments and foreign currency exchange</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">contracts. Swaps, financial futures contracts, unfunded loan commitments and</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">foreign currency exchange contracts are valued at the unrealized</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">appreciation/depreciation on the instrument and options purchased are shown</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">at market value.</FONT></P>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>20</FONT></P>
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<A name="page_23"></A>
<P align=left><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">BlackRock Limited Duration Income Trust (BLW)</FONT></B><BR>
<BR>
<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Schedule of Investments November 30, 2009 (Unaudited)</FONT></B><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The following is a reconciliation of investments for unobservable inputs (Level 3) used in determining fair value:</FONT><BR>
<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Investments in Securities</FONT></B></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="18%"></TD>
     <TD width="14%"></TD>
     <TD width="10%"></TD>
     <TD width="14%"></TD>
     <TD width="14%"></TD>
     <TD width="12%"></TD>
     <TD width="14%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Asset-Backed</FONT></B>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Common</FONT></B>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Corporate</FONT></B>&nbsp;</TD>
     <TD align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Floating Rate</FONT></B>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Other</FONT></B>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Securities</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Stocks</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Bonds</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Loan Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Interests</FONT></B>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Total</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Balance, as of</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">August 31, 2009</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 2,668,212</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 81,956</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 6,270,943</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 83,910,390</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 504,368</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 93,435,869</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Accrued</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">discounts/premiums</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realized gain</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(loss)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(510)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(7,520,932)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(7,521,442)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Change in unrealized</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">appreciation/</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">depreciation</FONT><SUP><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2</FONT></SUP>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(114,187)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">4,499</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2,499,896</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">18,824,817</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">681,081</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">21,896,106</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Net purchases</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(sales)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(1,076,882)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(11,399,986)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(12,476,868)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Net transfers in/out</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">of Level 3</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">559,991</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(945,805)</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">13,111,286</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3,949,957</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">16,675,429</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Balance, as of</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">November 30, 2009</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 3,114,016</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 86,455</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 6,747,642</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 96,925,575</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 5,135,406</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 112,009,094</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><SUP><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">2 </FONT></SUP><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The change in unrealized appreciation/depreciation on securities still held as of November 30, 2009 was</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$14,316,055.</FONT></P>
<P align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">The following is a reconciliation of other financial instruments for unobservable inputs</FONT><BR>
<FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(Level 3) used in determining fair value:</FONT></P>
<TABLE border=0 cellSpacing=0>
<TR>
     <TD width="59%"></TD>
     <TD width="40%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Other Financial</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Instruments</FONT></B><B><SUP><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">3</FONT></SUP></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B><FONT size=2 face="Trebuchet MS,Bold,Arial,Helvetica,sans-serif">Liabilities</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Balance, as of August 31, 2009</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ 63,812</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Accrued discounts/premiums</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Realized gain (loss)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Change in unrealized appreciation</FONT>&nbsp;</TD>
     <TD align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(depreciation)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Net purchases (sales)</FONT>&nbsp;</TD>
     <TD align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">-</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Net transfers in/out of Level 3</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">(174,082)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Balance, as of November 30, 2009</FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">$ (110,270)</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left><SUP><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">3</FONT></SUP><FONT size=2 face="Trebuchet MS,Arial,Helvetica,sans-serif">Other financial instruments are unfunded loan commitments.</FONT></P>
<P align=left><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>21</FONT></P>
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<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 2 &#150; Controls and Procedures</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2(a) &#150; 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 &#147;1940 Act&#148;)) 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 13(a)-15(b) under the Securities Exchange Act of 1934, as amended.</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2(b) &#150; 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.</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 3 &#150; Exhibits</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Certifications &#150; Attached hereto</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the undersigned, thereunto duly authorized.</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Limited Duration Income Trust</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: </FONT><U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Anne F. Ackerley</FONT></U><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Anne F. Ackerley</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Executive Officer of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Limited Duration Income Trust</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: January 22, 2010</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Company Act of 1940, this report has been signed below by the following persons on behalf</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">of the registrant and in the capacities and on the dates indicated.</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: </FONT><U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Anne F. Ackerley</FONT></U><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Anne F. Ackerley</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Executive Officer (principal executive officer) of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Limited Duration Income Trust</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: January 22, 2010</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: </FONT><U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Neal J. Andrews</FONT></U><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Neal J. Andrews</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Financial Officer (principal financial officer) of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Limited Duration Income Trust</FONT></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: January 22, 2010</FONT></P>

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<P align="left"> <B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">EX-99.CERT</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">THE SARBANES-OXLEY ACT OF 2002</FONT></B></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">I, Anne F. Ackerley, Chief Executive Officer (principal executive officer) of BlackRock Limited Duration Income Trust,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">certify that:</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1. I have reviewed this report on Form N-Q of BlackRock Limited Duration Income Trust;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">material fact necessary to make the statements made, in light of the circumstances under which such statements were made,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">not misleading with respect to the period covered by this report;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the investments of the registrant as of the end of the fiscal quarter for which the report is filed;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">designed under our supervision, to ensure that material information relating to the registrant, including its</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">which this report is being prepared;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b) designed such internal control over financial reporting, or caused such internal control over financial</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">financial reporting and the preparation of financial statements for external purposes in accordance with generally</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">accepted accounting principles;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">days prior to the filing date of this report, based on such evaluation; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">d) disclosed in this report any change in the registrant's internal control over financial reporting that</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">materially affect, the registrant's internal control over financial reporting; and</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">of the registrant's board of directors (or persons performing the equivalent functions):</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a) all significant deficiencies and material weaknesses in the design or operation of internal control over</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">summarize, and report financial information; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b) any fraud, whether or not material, that involves management or other employees who have a significant</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">role in the registrant's internal control over financial reporting.</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: January 22, 2010</FONT><BR>
<BR>
<U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Anne F. Ackerley</FONT></U></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Anne F. Ackerley</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Executive Officer (principal executive officer) of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Limited Duration Income Trust</FONT></P>
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<P align="left"> <B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">EX-99.CERT</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">THE SARBANES-OXLEY ACT OF 2002</FONT></B></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">I, Neal J. Andrews, Chief Financial Officer (principal financial officer) of BlackRock Limited Duration Income Trust,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">certify that:</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1. I have reviewed this report on Form N-Q of BlackRock Limited Duration Income Trust;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">material fact necessary to make the statements made, in light of the circumstances under which such statements were made,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">not misleading with respect to the period covered by this report;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the investments of the registrant as of the end of the fiscal quarter for which the report is filed;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">designed under our supervision, to ensure that material information relating to the registrant, including its</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">which this report is being prepared;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b) designed such internal control over financial reporting, or caused such internal control over financial</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">financial reporting and the preparation of financial statements for external purposes in accordance with generally</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">accepted accounting principles;</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">days prior to the filing date of this report, based on such evaluation; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">d) disclosed in this report any change in the registrant's internal control over financial reporting that</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">materially affect, the registrant's internal control over financial reporting; and</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">of the registrant's board of directors (or persons performing the equivalent functions):</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a) all significant deficiencies and material weaknesses in the design or operation of internal control over</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">summarize, and report financial information; and</FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b) any fraud, whether or not material, that involves management or other employees who have a significant</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">role in the registrant's internal control over financial reporting.</FONT></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date: January 22, 2010</FONT><BR>
<BR>
<U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">/s/ Neal J. Andrews</FONT></U></P>
<P align="left"> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Neal J. Andrews</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Financial Officer (principal financial officer) of</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">BlackRock Limited Duration Income Trust</FONT></P>
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