NPORT-EX 1 NPORT_5748363181817345.htm

EX-BLW

Schedule of Investments  (unaudited) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Shares				Value
Common Stocks — 0.2%
Chemicals — 0.0%
LyondellBasell Industries NV, Class A							37			$	2,747
Diversified Financial Services — 0.1%
Kcad Holdings I Ltd.(a)(b)							546,753,936				754,520
Health Care Management Services — 0.0%
New Millennium HoldCo, Inc.(b)							8,511				128
Household Durables — 0.0%
Berkline Benchcraft Equity LLC(a)							3,155				—
Media — 0.1%
Clear Channel Outdoor Holdings, Inc., Class A(b)							38,911				197,668
iHeartMedia, Inc., Class A(b)							1,943				32,059
											229,727
Metals & Mining — 0.0%
Ameriforge Group, Inc.							801				45,657
Preferred Proppants LLC(a)							5,738				12,911
											58,568
Software — 0.0%
Avaya Holdings Corp.(b)							18				226
Utilities — 0.0%
Texgen LLC(a)							3,661				144,610
Total Common Stocks — 0.2% (Cost — $6,581,039)											1,190,526
						Par (000)
Asset-Backed Securities — 5.7%
Allegro CLO II-S Ltd., Series 2014-1RA, Class C, 5.59%, 10/21/28(c)(d)			USD				1,000				993,113
ALM VI Ltd., Series 2012-6A, Class BR3, 4.35%, 07/15/26(c)(d)							1,000				991,612
ALM XII Ltd., Series 2015-12A, Class C1R2, 5.25%, 04/16/27(c)(d)							1,000				1,000,007
ALM XVI Ltd./ALM XVI LLC, Series 2015-16A, Class CR2, 5.30%, 07/15/27(c)(d)							270				268,266
Anchorage Capital CLO Ltd.(c):
Series 2014-3RA, Class E, 8.08%, 01/28/31(d)							850				795,876
Series 2014-4RA, Class D, 5.18%, 01/28/31(d)							250				240,153
Series 2015-7A, Class DR, 5.30%, 10/15/27(d)							1,000				991,112
Series 2016-8A, Class ER, 8.33%, 07/28/28(d)							1,000				995,465
Series 2016-9A, Class D, (3 mo. LIBOR US + 4.00%), 6.60%, 01/15/29(e)							350				349,644

Security						Par (000)				Value
Asset-Backed Securities (continued)
Benefit Street Partners CLO XII Ltd., Series 2017-12A, Class D, 9.01%, 10/15/30(c)(d)			USD				500			$	493,531
Carlyle Global Market Strategies CLO Ltd., Series 2015-1A, Class CR, (3 mo. LIBOR US + 2.00%), 4.59%, 04/20/27(c)(e)							600				602,920
Credit Suisse ABS Repackaging Trust, Series 2013-A, Class B, 2.50%, 01/25/30(c)							460				441,979
DCP Rights LLC, Series 2014-1A, Class A, 5.46%, 10/25/44(c)							3,012				3,133,850
Dryden 64 CLO Ltd., Series 2018-64A, Class D, 5.25%, 04/18/31(c)(d)							250				240,960
Highbridge Loan Management Ltd., Series 5A-2015, Class ERR, 8.60%, 10/15/30(c)(d)							450				437,455
Litigation Fee Residual Funding, 4.00%, 10/30/27(a)(c)							1,041				1,037,229
Madison Park Funding X Ltd., Series 2012-10A(c)(e):
Class ER, (3 mo. LIBOR US + 7.62%), 10.21%, 01/20/29							500				498,994
Class ER2, (3 mo. LIBOR US + 6.40%), 8.84%, 01/20/29(a)(f)							500				500,000
Madison Park Funding XI Ltd., Series 2013-11A, Class ER, 9.04%, 07/23/29(c)(d)							250				245,714
Madison Park Funding XIII Ltd., Series 2014-13A, Class ER, 8.34%, 04/19/30(c)(d)							1,250				1,219,111
Madison Park Funding XV Ltd., Series 2014-15A, Class B1R, (3 mo. LIBOR US + 2.20%), 4.78%, 01/27/26(c)(e)							1,500				1,502,167
Neuberger Berman CLO XX Ltd., Series 2015-20A, Class ER, 7.60%, 01/15/28(c)(d)							790				757,524
Oaktree CLO Ltd., Series 2015-1A, Class DR, 7.79%, 10/20/27(c)(d)							500				492,960
Octagon Investment Partners LLC, Series 2017-1A, Class E, (3 mo. LIBOR US + 6.30%), 8.89%, 07/20/30(c)(e)							500				500,203
OneMain Financial Issuance Trust, Series 2015-2A, Class C, 4.32%, 07/18/25(c)							1,686				1,687,366
OZLM Funding Ltd., Series 2012-1A, Class CR2, (3 mo. LIBOR US + 3.60%), 6.19%, 07/22/29(c)(e)							250				249,086
OZLM VIII Ltd., Series 2014-8A(c)(d):
Class BRR, 4.79%, 10/17/29							2,500				2,441,517
Class CRR, 5.74%, 10/17/29							500				493,800

1

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Asset-Backed Securities (continued)
OZLM XIX Ltd., Series 2017-19A, Class D, 9.20%, 11/22/30(c)(d)			USD				500			$	497,512
OZLM XV Ltd., Series 2016-15A, Class C, (3 mo. LIBOR US + 4.00%), 6.59%, 01/20/29(c)(e)							1,000				999,978
OZLM XXI Ltd., Series 2017-21A, Class D, 8.13%, 01/20/31(c)(d)							250				239,973
Park Avenue Institutional Advisers CLO Ltd., Series 2017-1A, Class D, 8.75%, 11/14/29(c)(d)							1,750				1,716,740
Rockford Tower CLO Ltd.(c)(e):
Series 2017-1A, Class D, (3 mo. LIBOR US + 3.25%), 5.85%, 04/15/29							250				249,579
Series 2017-2A, Class D, (3 mo. LIBOR US + 3.45%), 6.05%, 10/15/29							500				499,803
Shackleton CLO Ltd., Series 2013-3A, Class DR, 5.62%, 07/15/30(c)(d)							500				481,502
Symphony CLO XVIII Ltd., Series 2016-18A, Class D, (3 mo. LIBOR US + 4.00%), 6.59%, 01/23/28(c)(e)							1,000				1,000,927
Thayer Park CLO Ltd., Series 2017-1A, Class D, (3 mo. LIBOR US + 6.10%), 8.69%, 04/20/29(c)(e)							500				494,089
TICP CLO VII Ltd., Series 2017-7A, Class E, (3 mo. LIBOR US + 6.51%), 9.11%, 07/15/29(c)(e)							500				497,920
Venture XXVI CLO Ltd., Series 2017-26A, Class D, (3 mo. LIBOR US + 4.25%), 6.84%, 01/20/29(c)(e)							1,000				999,920
Vibrant CLO IV Ltd., Series 2016-4A, Class D, (3 mo. LIBOR US + 4.50%), 7.09%, 07/20/28(c)(e)							1,000				1,004,361
Wellfleet CLO Ltd., Series 2017-3A, Class B, 4.54%, 01/17/31(c)(d)							500				486,578
York CLO Ltd.(c)(e):
Series 2016-1A, Class DR, (3 mo. LIBOR US + 3.60%), 6.19%, 10/20/29							250				250,076
Series 2016-2A, Class E, (3 mo. LIBOR US + 6.94%), 9.53%, 01/20/30							1,000				1,002,573
											34,023,145
Interest Only Asset-Backed Securities — 0.0%
Sterling Bank Trust, Series 2004-2, Class Note, 2.08%, 03/30/30(a)(c)							2,742				125,977

Security						Par (000)				Value
Interest Only Asset-Backed Securities (continued)
Sterling Coofs Trust, Series 2004-1, Class A, 2.36%, 04/15/29(a)(c)			USD				1,881			$	76,985
											202,962
Total Asset-Backed Securities — 5.7% (Cost — $34,563,387)											34,226,107
Corporate Bonds — 62.3%
Advertising Agencies — 0.0%
Gold Fields Orogen Holdings BVI Ltd., 5.13%, 05/15/24(c)							200				203,250
Aerospace & Defense — 2.3%
Amsted Industries, Inc., 5.63%, 07/01/27(c)(f)							156				157,168
Arconic, Inc.:
5.40%, 04/15/21							10				10,243
5.87%, 02/23/22							730				761,025
5.13%, 10/01/24(g)							808				821,106
BBA US Holdings, Inc., 5.38%, 05/01/26(c)							271				274,387
Bombardier, Inc.(c):
8.75%, 12/01/21(g)							635				685,673
5.75%, 03/15/22							315				312,801
6.00%, 10/15/22							8				7,798
6.13%, 01/15/23(g)							338				328,604
7.50%, 12/01/24(g)							965				948,112
7.50%, 03/15/25							620				601,214
7.88%, 04/15/27							1,783				1,710,566
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/25(c)							378				398,790
Moog, Inc., 5.25%, 12/01/22(c)							270				272,700
Pioneer Holdings LLC/Pioneer Finance Corp., 9.00%, 11/01/22(c)							165				168,713
TransDigm UK Holdings PLC, 6.88%, 05/15/26(g)							264				256,740
TransDigm, Inc.:
6.00%, 07/15/22							304				305,520
6.50%, 05/15/25							54				53,595
6.25%, 03/15/26(c)(g)							5,755				5,877,294
											13,952,049
Air Freight & Logistics — 0.0%
XPO Logistics, Inc., 6.75%, 08/15/24(c)							18				18,518
Airlines — 1.6%
Air Canada Pass-Through Trust, Series 2015-1, Class B, 3.88%, 09/15/24(c)(g)							1,109				1,109,848

2

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Airlines (continued)
American Airlines Pass-Through Trust:
Series 2013-2, Class A, 4.95%, 07/15/24(g)			USD				1,972			$	2,047,445
Series 2013-2, Class B, 5.60%, 01/15/22(c)							252				255,904
Series 2017-1, Class B, 4.95%, 08/15/26							1,282				1,331,780
Avianca Holdings SA/Avianca Leasing LLC/Grupo Taca Holdings Ltd., 8.38%, 05/10/20							239				225,854
Latam Finance Ltd., 6.88%, 04/11/24(c)							203				206,275
United Airlines Pass-Through Trust(g):
Series 2014-2, Class B, 4.63%, 03/03/24							1,547				1,578,081
Series 2015-1, Class A, 3.70%, 06/01/24							2,430				2,448,954
Virgin Australia Trust, Series 2013-1, Class A, 5.00%, 04/23/25(c)(g)							172				176,163
											9,380,304
Auto Components — 1.0%
Allison Transmission, Inc.(c):
5.00%, 10/01/24							28				27,810
5.88%, 06/01/29							319				321,791
Aptiv PLC, 4.40%, 10/01/46							240				221,434
GKN Holdings Ltd., 4.63%, 05/12/32			GBP				100				122,961
Goodyear Tire & Rubber Co., 5.00%, 05/31/26			USD				67				61,389
Icahn Enterprises LP/Icahn Enterprises Finance Corp.:
6.25%, 02/01/22							299				304,606
6.75%, 02/01/24							246				252,150
6.38%, 12/15/25							149				149,745
6.25%, 05/15/26(c)							218				216,365
IHO Verwaltungs GmbH, (3.63% Cash or 3.38% PIK), 3.63%, 05/15/25(f)(h)			EUR				100				111,156
Panther BF Aggregator 2 LP/Panther Finance Co., Inc.:
4.38%, 05/15/26							100				111,324
6.25%, 05/15/26(c)			USD				2,124				2,166,480
8.50%, 05/15/27(c)							1,754				1,749,615
Tesla, Inc., 5.30%, 08/15/25(c)(g)							206				167,894
											5,984,720
Banks — 2.1%
Allied Irish Banks PLC(5 year EUR Swap + 3.95%), 4.13%, 11/26/25(i)			EUR				100				116,444
Banco de Sabadell SA, 1.75%, 05/10/24							100				111,007
Banco Espirito Santo SA(b)(j):
4.75%, 01/15/20							100				27,929
4.00%, 01/21/21							100				27,929
Bank of Ireland(5 year EUR Swap + 3.55%), 4.25%, 06/11/24(i)							100				111,748

Security						Par (000)				Value
Banks (continued)
Barclays PLC:
4.38%, 09/11/24			USD				580			$	582,551
3.65%, 03/16/25(g)							3,600				3,532,385
5.20%, 05/12/26							200				204,468
BBVA Bancomer SA, 6.75%, 09/30/22(c)							192				208,080
CIT Group, Inc.:
5.00%, 08/01/23							582				605,280
5.25%, 03/07/25							599				632,772
6.13%, 03/09/28							98				107,486
HSBC Holdings PLC, 4.38%, 11/23/26(g)							395				407,217
Nordea Bank AB, 4.50%, 03/26/20			EUR				1,020				1,178,942
Promerica Financial Corp., 9.70%, 05/14/24(c)			USD				200				209,300
Santander Holdings USA, Inc., 4.50%, 07/17/25(g)							1,750				1,836,346
Santander UK Group Holdings PLC, 2.88%, 08/05/21(g)							950				945,252
Standard Chartered PLC, 3.89%, 03/15/24(c)(d)(g)							1,500				1,514,939
											12,360,075
Beverages — 0.1%
Central American Bottling Corp., 5.75%, 01/31/27(c)							176				181,258
Crown European Holdings SA, 2.25%, 02/01/23(c)			EUR				100				115,681
											296,939
Building Materials — 0.0%
Jeld-Wen, Inc., 4.63%, 12/15/25(c)			USD				138				131,790
Building Products — 0.4%
American Builders & Contractors Supply Co., Inc., 5.75%, 12/15/23(c)							184				188,600
Beacon Roofing Supply, Inc., 4.88%, 11/01/25(c)							18				17,016
CPG Merger Sub LLC, 8.00%, 10/01/21(c)							324				328,050
Jeld-Wen, Inc., 4.88%, 12/15/27(c)							19				17,860
Masonite International Corp.(c):
5.63%, 03/15/23							384				390,720
5.75%, 09/15/26							160				162,000
PGT Escrow Issuer, Inc., 6.75%, 08/01/26(c)							107				111,012
Standard Industries, Inc.(c):
5.50%, 02/15/23							66				66,907
5.38%, 11/15/24							404				408,351
6.00%, 10/15/25							600				618,738
5.00%, 02/15/27							36				35,145

3

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Building Products (continued)
4.75%, 01/15/28			USD				46			$	43,988
											2,388,387
Cable Television Services — 0.0%
Cincinnati Bell, Inc., 8.00%, 10/15/25(c)							146				125,195
Capital Markets — 0.7%
Blackstone CQP Holdco LP(c):
6.50%, 03/20/21							2,040				2,046,895
6.00%, 08/18/21							332				330,340
Intertrust Group BV, 3.38%, 11/15/25			EUR				100				114,747
Lions Gate Capital Holdings LLC(c):
6.38%, 02/01/24			USD				25				25,625
5.88%, 11/01/24							171				171,855
Morgan Stanley, 4.00%, 07/23/25(g)							965				1,007,112
Owl Rock Capital Corp., 5.25%, 04/15/24							192				193,790
Stevens Holding Co., Inc., 6.13%, 10/01/26(c)							167				173,680
											4,064,044
Chemicals — 1.5%
Alpha 2 BV, (8.75% Cash or 9.50% PIK), 8.75%, 06/01/23(c)(h)							256				250,880
Alpha 3 BV/Alpha US Bidco, Inc., 6.25%, 02/01/25(c)							1,830				1,793,400
Axalta Coating Systems LLC, 4.88%, 08/15/24(c)							608				604,960
Blue Cube Spinco LLC:
9.75%, 10/15/23							596				655,600
10.00%, 10/15/25							380				426,075
Chemours Co.:
6.63%, 05/15/23							120				119,550
7.00%, 05/15/25							112				112,000
4.00%, 05/15/26			EUR				186				203,498
5.38%, 05/15/27			USD				99				89,595
Cydsa SAB de CV, 6.25%, 10/04/27(c)							252				248,314
Element Solutions, Inc., 5.88%, 12/01/25(c)(g)							1,491				1,511,501
GCP Applied Technologies, Inc., 5.50%, 04/15/26(c)							248				248,620
Mexichem SAB de CV, 5.50%, 01/15/48(c)							200				189,500
NOVA Chemicals Corp., 4.88%, 06/01/24(c)							210				196,613
PQ Corp.(c):
6.75%, 11/15/22							444				458,430
5.75%, 12/15/25							543				543,000
Versum Materials, Inc., 5.50%, 09/30/24(c)							158				169,013

Security						Par (000)				Value
Chemicals (continued)
WR Grace & Co-Conn(c):
5.13%, 10/01/21(g)			USD				741			$	750,040
5.63%, 10/01/24							200				209,000
											8,779,589
Commercial Services & Supplies — 0.9%
ADT Security Corp.:
6.25%, 10/15/21							139				145,255
3.50%, 07/15/22(g)							267				258,656
4.13%, 06/15/23							164				158,875
4.88%, 07/15/32(c)							360				297,900
Advanced Disposal Services, Inc., 5.63%, 11/15/24(c)							147				152,880
Booz Allen Hamilton, Inc., 5.13%, 05/01/25(c)							383				383,479
Core & Main LP, 6.13%, 08/15/25(c)							817				806,787
Fortress Transportation & Infrastructure Investors LLC(c):
6.75%, 03/15/22							71				71,533
6.50%, 10/01/25							78				78,390
GFL Environmental, Inc., 8.50%, 05/01/27(c)							293				299,012
Harland Clarke Holdings Corp., 8.38%, 08/15/22(c)							414				351,900
KAR Auction Services, Inc., 5.13%, 06/01/25(c)							380				374,300
Mobile Mini, Inc., 5.88%, 07/01/24							499				512,099
Paprec Holding SA, 4.00%, 03/31/25			EUR				100				103,616
Pitney Bowes, Inc., 3.88%, 10/01/21(g)			USD				500				480,800
Ritchie Bros Auctioneers, Inc., 5.38%, 01/15/25(c)							472				479,080
United Rentals North America, Inc., 5.50%, 05/15/27							339				341,966
											5,296,528
Commercial Services & Supplies — 0.1%
United Rentals North America, Inc., 4.63%, 10/15/25							383				376,297
Communications Equipment — 1.0%
CommScope, Inc.(c):
5.50%, 03/01/24(g)							932				936,660
6.00%, 03/01/26							731				729,173
Motorola Solutions, Inc., 3.75%, 05/15/22(g)							843				866,309
Nokia OYJ:
3.38%, 06/12/22							106				105,470
4.38%, 06/12/27							149				146,020
6.63%, 05/15/39							200				212,750
ViaSat, Inc., 5.63%, 04/15/27(c)							571				578,851
Zayo Group LLC/Zayo Capital, Inc.(g):
6.00%, 04/01/23							531				544,275

4

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Communications Equipment (continued)
6.38%, 05/15/25			USD				535			$	550,381
5.75%, 01/15/27(c)							1,135				1,166,213
											5,836,102
Construction & Engineering — 0.1%
Brand Industrial Services, Inc., 8.50%, 07/15/25(c)							271				230,350
frontdoor, Inc., 6.75%, 08/15/26(c)							368				386,400
SPIE SA, 3.13%, 03/22/24			EUR				100				116,949
SRS Distribution, Inc., 8.25%, 07/01/26(c)			USD				28				27,300
											760,999
Construction Materials — 0.5%
American Builders & Contractors Supply Co., Inc., 5.88%, 05/15/26(c)							256				260,160
HD Supply, Inc., 5.38%, 10/15/26(c)(g)							1,806				1,837,605
Navistar International Corp., 6.63%, 11/01/25(c)							318				325,161
New Enterprise Stone & Lime Co., Inc., 10.13%, 04/01/22(c)							136				138,720
Williams Scotsman International, Inc.(c):
7.88%, 12/15/22							109				112,815
6.88%, 08/15/23							391				391,000
											3,065,461
Consumer Discretionary — 0.4%
AA Bond Co. Ltd., 4.88%, 07/31/43			GBP				100				124,828
Dun & Bradstreet Corp., 6.88%, 08/15/26(c)			USD				1,114				1,139,065
Nielsen Co. Luxembourg Sarl, 5.00%, 02/01/25(c)							135				131,470
Silversea Cruise Finance Ltd., 7.25%, 02/01/25(c)							56				59,990
Viking Cruises Ltd.(c):
6.25%, 05/15/25							315				320,512
5.88%, 09/15/27(g)							828				803,011
											2,578,876
Consumer Finance — 2.0%
Alliance Data Systems Corp.(c):
5.88%, 11/01/21							696				709,050
5.38%, 08/01/22							64				64,560
Ally Financial, Inc., 8.00%, 11/01/31(g)							1,889				2,394,307
Credit Acceptance Corp., 6.63%, 03/15/26(c)							158				163,925
Credivalores-Crediservicios SAS, 9.75%, 07/27/22(c)							200				192,017
Mulhacen Pte Ltd., (6.5% Cash or 7.25% PIK), 6.50%, 08/01/23(h)			EUR				119				131,758

Security						Par (000)				Value
Consumer Finance (continued)
Navient Corp.:
5.00%, 10/26/20			USD				310			$	313,488
6.63%, 07/26/21							113				117,205
6.50%, 06/15/22							85				88,400
5.50%, 01/25/23							327				326,101
7.25%, 09/25/23							257				269,773
5.88%, 10/25/24							145				145,000
6.75%, 06/25/25							105				106,444
6.75%, 06/15/26							108				108,540
Refinitiv US Holdings, Inc.:
4.50%, 05/15/26			EUR				100				112,214
4.50%, 05/15/26(c)							400				448,857
6.25%, 05/15/26(c)(g)			USD				2,410				2,429,087
8.25%, 11/15/26(c)(g)							1,316				1,309,420
Springleaf Finance Corp.:
6.13%, 05/15/22							70				73,150
5.63%, 03/15/23							8				8,210
6.13%, 03/15/24							453				469,988
6.88%, 03/15/25							281				292,858
7.13%, 03/15/26							147				154,122
6.63%, 01/15/28							221				223,767
Verscend Escrow Corp., 9.75%, 08/15/26(c)							1,245				1,316,587
											11,968,828
Containers & Packaging — 1.4%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(c):
4.63%, 05/15/23							990				988,762
7.25%, 05/15/24							1,840				1,915,900
4.75%, 07/15/27			GBP				100				122,632
Berry Global Escrow Corp., 4.88%, 07/15/26(c)(f)			USD				442				439,671
BWAY Holding Co.:
4.75%, 04/15/24			EUR				100				113,884
5.50%, 04/15/24(c)(g)			USD				1,429				1,396,990
Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26							196				189,630
Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26(g)							523				525,877
Greif, Inc., 6.50%, 03/01/27(c)							91				91,455
Intertape Polymer Group, Inc., 7.00%, 10/15/26(c)							136				138,720
Mercer International, Inc.:
6.50%, 02/01/24							113				115,260
5.50%, 01/15/26							117				115,216
Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer Lu(c):
(3 mo. LIBOR US + 3.50%), 6.10%, 07/15/21(e)							433				434,624
5.13%, 07/15/23							146				146,029
7.00%, 07/15/24(g)							699				703,648

5

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Containers & Packaging (continued)
Sealed Air Corp.(c):
5.13%, 12/01/24			USD				46			$	47,380
6.88%, 07/15/33							44				47,850
Suzano Austria GmbH, 6.00%, 01/15/29(c)							517				551,143
											8,084,671
Diversified Consumer Services — 0.7%
APX Group, Inc.(g):
8.75%, 12/01/20							321				300,135
7.88%, 12/01/22							336				309,960
Ascend Learning LLC, 6.88%, 08/01/25(c)							798				797,902
Graham Holdings Co., 5.75%, 06/01/26(c)							211				220,495
Laureate Education, Inc., 8.25%, 05/01/25(c)							114				123,147
Matthews International Corp., 5.25%, 12/01/25(c)							108				103,410
Pinnacle Bidco PLC, 6.38%, 02/15/25			GBP				100				129,696
Prime Security Services Borrower LLC/Prime Finance, Inc.(c):
9.25%, 05/15/23			USD				251				262,923
5.25%, 04/15/24							284				278,684
5.75%, 04/15/26							507				499,078
Service Corp. International, 5.13%, 06/01/29							288				292,974
ServiceMaster Co. LLC, 5.13%, 11/15/24(c)							797				797,000
Verisure Holding AB, 3.50%, 05/15/23			EUR				100				114,787
											4,230,191
Diversified Financial Services — 0.8%
Controladora Mabe SA de CV, 5.60%, 10/23/28(c)			USD				200				207,250
FS Energy & Power Fund, 7.50%, 08/15/23(c)							79				79,790
General Motors Financial Co., Inc., 4.38%, 09/25/21(g)							530				542,939
Gilex Holding Sarl, 8.50%, 05/02/23(c)							182				191,784
Intesa Sanpaolo SpA, 5.02%, 06/26/24(c)(g)							2,442				2,314,514
Jefferies Finance LLC/JFIN Co-Issuer Corp., 6.88%, 04/15/22(c)							480				488,251
MSCI, Inc., 5.25%, 11/15/24(c)							105				107,625
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 6.75%, 06/01/25(c)(g)							378				380,835
UniCredit SpA(5 year EUR Swap + 4.32%), 4.38%, 01/03/27(i)			EUR				100				113,928
Vantiv LLC/Vanity Issuer Corp., 3.88%, 11/15/25(c)			GBP				100				131,419

Security						Par (000)				Value
Diversified Financial Services (continued)
WMG Acquisition Corp., 5.50%, 04/15/26(c)			USD				166			$	168,282
											4,726,617
Diversified Telecommunication Services — 1.3%
CenturyLink, Inc.(g):
5.63%, 04/01/25							526				508,905
Series S, 6.45%, 06/15/21							412				428,480
Series W, 6.75%, 12/01/23							340				355,827
Series Y, 7.50%, 04/01/24							644				687,470
Cincinnati Bell, Inc., 7.00%, 07/15/24(c)							382				329,475
Embarq Corp., 8.00%, 06/01/36							428				396,970
Frontier Communications Corp.:
10.50%, 09/15/22							163				118,582
11.00%, 09/15/25(g)							1,205				759,150
8.50%, 04/01/26(c)							377				361,920
8.00%, 04/01/27(c)(g)							1,085				1,122,975
Level 3 Financing, Inc.:
5.38%, 08/15/22							184				184,690
5.63%, 02/01/23							61				61,229
5.13%, 05/01/23							295				294,720
5.38%, 05/01/25							90				90,112
5.25%, 03/15/26(g)							909				906,455
Telecom Italia Capital SA:
6.38%, 11/15/33							126				121,275
6.00%, 09/30/34							191				178,107
Telecom Italia SpA:
4.00%, 04/11/24			EUR				150				173,901
5.30%, 05/30/24(c)			USD				200				197,740
2.75%, 04/15/25			EUR				100				107,847
Verizon Communications, Inc., 3.38%, 02/15/25(g)			USD				156				160,210
											7,546,040
Electric Utilities — 0.5%
AES Corp., 5.50%, 04/15/25							152				156,970
Black Hills Corp., 3.15%, 01/15/27(g)							305				299,121
DPL, Inc., 7.25%, 10/15/21							15				15,975
Enel Finance International NV, 3.63%, 05/25/27(c)(g)							900				863,835
Energuate Trust, 5.88%, 05/03/27(c)							200				200,365
Eskom Holdings SOC Ltd., 6.35%, 08/10/28(c)							325				339,128
Exelon Corp., 3.40%, 04/15/26(g)							140				141,232
Inkia Energy Ltd., 5.88%, 11/09/27(c)							377				377,036
NextEra Energy Operating Partners LP(c):
4.25%, 09/15/24							101				100,369
4.50%, 09/15/27							128				124,160
Talen Energy Supply LLC:
6.50%, 06/01/25							50				42,500
10.50%, 01/15/26(c)							50				50,000

6

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Electric Utilities (continued)
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc.:
10.25%, 11/01/15(a)			USD				47			$	—
10.50%, 11/01/19							31				146
11.50%, 10/01/20(a)							300				—
											2,710,837
Electronic Equipment, Instruments & Components — 0.1%
CDW LLC/CDW Finance Corp.:
5.00%, 09/01/23							72				72,828
5.50%, 12/01/24(g)							521				542,491
5.00%, 09/01/25							107				108,204
Itron, Inc., 5.00%, 01/15/26(c)							25				24,906
											748,429
Energy Equipment & Services — 0.6%
Apergy Corp., 6.38%, 05/01/26							147				150,675
Archrock Partners LP/Archrock Partners Finance Corp., 6.88%, 04/01/27(c)							147				151,043
Ensco Rowan PLC:
4.50%, 10/01/24							26				17,989
5.20%, 03/15/25							239				165,508
7.75%, 02/01/26							141				104,693
Gates Global LLC/Gates Global Co., 6.00%, 07/15/22(c)							317				315,019
Halliburton Co., 3.80%, 11/15/25(g)							100				102,954
McDermott Technology Americas, Inc./McDermott Technology U.S., Inc., 10.63%, 05/01/24(c)							331				281,277
Odebrecht Oil & Gas Finance Ltd., 0.00%(c)(k)(l)			BRL				43				320
Pattern Energy Group, Inc., 5.88%, 02/01/24(c)			USD				299				301,242
Precision Drilling Corp., 5.25%, 11/15/24							14				12,775
SESI LLC, 7.75%, 09/15/24							104				68,640
Transocean, Inc.:
8.38%, 12/15/21							51				53,423
9.00%, 07/15/23(c)							613				629,827
7.50%, 01/15/26(c)							298				278,257
USA Compression Partners LP/USA Compression Finance Corp.:
6.88%, 04/01/26							245				251,125
6.88%, 09/01/27(c)							438				447,307
											3,332,074
Environmental, Maintenance, & Security Service — 0.1%
GFL Environmental, Inc., 7.00%, 06/01/26(c)							317				305,017
Tervita Escrow Corp., 7.63%, 12/01/21(c)							343				343,858

Security						Par (000)				Value
Environmental, Maintenance, & Security Service (continued)
Waste Pro USA, Inc., 5.50%, 02/15/26(c)			USD				148			$	146,520
											795,395
Equity Real Estate Investment Trusts (REITs) — 1.5%
AvalonBay Communities, Inc., 3.45%, 06/01/25(g)							1,245				1,279,732
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL, 5.75%, 05/15/26(c)							167				169,296
ERP Operating LP, 3.38%, 06/01/25(g)							1,015				1,047,978
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25(c)							145				144,275
Hilton Domestic Operating Co., Inc., 4.25%, 09/01/24							337				332,626
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.63%, 04/01/25							30				30,113
Iron Mountain, Inc., 4.88%, 09/15/27(c)							397				373,180
iStar, Inc.:
4.63%, 09/15/20							33				33,124
6.00%, 04/01/22							62				62,620
5.25%, 09/15/22							67				67,251
MGM Growth Properties Operating Partnership LP/MGP Finance Co-Issuer, Inc.:
5.63%, 05/01/24(g)							1,361				1,405,232
4.50%, 09/01/26(g)							678				660,847
4.50%, 01/15/28							236				222,430
MPT Operating Partnership LP/MPT Finance Corp.:
5.50%, 05/01/24							73				74,460
5.00%, 10/15/27(g)							991				978,612
Starwood Property Trust, Inc., 5.00%, 12/15/21							234				235,353
Trust F/1401, 6.95%, 01/30/44							706				765,304
Ventas Realty LP, 4.13%, 01/15/26(g)							650				678,474
VICI Properties 1 LLC/VICI FC, Inc., 8.00%, 10/15/23							224				242,566
											8,803,473
Food & Staples Retailing — 0.1%
Albertsons Cos. LLC/Safeway, Inc./New Albertson’s, Inc./Albertson’s LLC:
6.63%, 06/15/24							186				187,860
5.75%, 03/15/25							70				67,564
Albertsons Cos. LLC/Safeway, Inc./New Albertsons LP/Albertson’s LLC, 7.50%, 03/15/26(c)							107				111,815
B&M European Value Retail SA, 4.13%, 02/01/22			GBP				100				127,623
Post Holdings, Inc., 5.63%, 01/15/28(c)			USD				73				72,270

7

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Food & Staples Retailing (continued)
Tesco Corporate Treasury Services PLC, 2.50%, 05/02/25			GBP				100			$	125,652
											692,784
Food Products — 0.7%
Aramark Services, Inc.(c):
5.00%, 04/01/25			USD				79				78,605
5.00%, 02/01/28(g)							382				377,941
B&G Foods, Inc., 5.25%, 04/01/25							51				49,311
Chobani LLC/Chobani Finance Corp., Inc., 7.50%, 04/15/25(c)							149				135,590
Darling Ingredients, Inc., 5.25%, 04/15/27(c)							124				125,525
JBS USA LUX SA/JBS USA Finance, Inc.(c):
5.88%, 07/15/24							412				424,026
5.75%, 06/15/25(g)							1,006				1,028,635
6.75%, 02/15/28							174				185,375
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc., 6.50%, 04/15/29(c)							735				771,750
MARB BondCo PLC:
7.00%, 03/15/24							200				205,381
6.88%, 01/19/25(c)							200				204,000
Post Holdings, Inc.(c):
5.50%, 03/01/25							246				248,153
5.75%, 03/01/27							253				254,265
Simmons Foods, Inc., 7.75%, 01/15/24(c)							270				286,200
											4,374,757
Health Care Equipment & Supplies — 0.9%
Avantor, Inc.(c)(g):
6.00%, 10/01/24							1,750				1,817,375
9.00%, 10/01/25							1,182				1,295,767
Hologic, Inc.(c):
4.38%, 10/15/25							45				44,494
4.63%, 02/01/28							174				169,868
Immucor, Inc., 11.13%, 02/15/22(c)							100				101,000
Mallinckrodt International Finance SA/Mallinckrodt CB LLC, 5.75%, 08/01/22(c)(g)							137				111,614
Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics SA, 6.63%, 05/15/22(c)(g)							1,591				1,483,607
Teleflex, Inc.:
5.25%, 06/15/24							250				256,250
4.88%, 06/01/26							87				88,305

Security						Par (000)				Value
Health Care Equipment & Supplies (continued)
4.63%, 11/15/27			USD				58			$	57,304
											5,425,584
Health Care Providers & Services — 2.8%
Acadia Healthcare Co., Inc.:
5.13%, 07/01/22							146				146,730
6.50%, 03/01/24							235				240,288
AHP Health Partners, Inc., 9.75%, 07/15/26(c)							140				148,050
Centene Corp.:
6.13%, 02/15/24							37				38,624
4.75%, 01/15/25							200				202,500
5.38%, 06/01/26(c)(g)							1,814				1,881,481
CHS/Community Health Systems, Inc.(c):
8.63%, 01/15/24							598				598,000
8.00%, 03/15/26							575				550,850
DaVita, Inc., 5.13%, 07/15/24							235				229,055
Eagle Holding Co. II LLC, (7.63% Cash or 8.38% PIK), 7.63%, 05/15/22(c)(h)							97				97,121
Encompass Health Corp., 5.75%, 11/01/24							73				73,548
Envision Healthcare Crop., 8.75%, 10/15/26(c)							321				270,442
HCA, Inc.:
5.38%, 02/01/25							490				511,290
5.88%, 02/15/26							46				48,760
5.38%, 09/01/26							337				349,675
5.63%, 09/01/28(g)							1,000				1,042,590
5.88%, 02/01/29(g)							1,154				1,224,682
MEDNAX, Inc., 5.25%, 12/01/23(c)							168				167,580
Molina Healthcare, Inc.:
5.38%, 11/15/22							172				175,388
4.88%, 06/15/25(c)							238				235,918
MPH Acquisition Holdings LLC, 7.13%, 06/01/24(c)							326				324,370
NVA Holdings, Inc., 6.88%, 04/01/26(c)							175				170,625
Polaris Intermediate Corp., (8.50% Cash), 8.50%, 12/01/22(c)(g)(h)							667				655,000
Regional Care Hospital Partners Holdings, Inc., 8.25%, 05/01/23(c)							599				633,670
Sotera Health Holdings LLC, 6.50%, 05/15/23(c)							366				366,915
Surgery Center Holdings, Inc.(c):
6.75%, 07/01/25(g)							432				392,040
10.00%, 04/15/27							267				271,005
Team Health Holdings, Inc., 6.38%, 02/01/25(c)(g)							320				263,800
Tenet Healthcare Corp.:
6.00%, 10/01/20(g)							580				595,834
8.13%, 04/01/22							502				524,781

8

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Health Care Providers & Services (continued)
4.63%, 07/15/24(g)			USD				530			$	526,131
6.25%, 02/01/27(c)							1,222				1,246,440
UnitedHealth Group, Inc., 3.75%, 07/15/25(g)							1,470				1,542,904
Vizient, Inc., 6.25%, 05/15/27(c)							407				423,789
WellCare Health Plans, Inc.:
5.25%, 04/01/25							310				314,169
5.38%, 08/15/26(c)							343				351,472
											16,835,517
Health Care Services — 0.0%
Avaya, Inc. Escrow, 7.00%, 04/01/19(a)(b)(c)(j)							183				—
Health Care Technology — 0.3%
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/25(c)							508				490,220
IQVIA, Inc.:
3.25%, 03/15/25			EUR				148				168,018
3.25%, 03/15/25(c)							100				113,526
5.00%, 10/15/26(c)			USD				463				471,103
5.00%, 05/15/27(c)							637				646,179
											1,889,046
Hotels, Restaurants & Leisure — 3.8%
1011778 BC ULC/New Red Finance, Inc.(c):
4.25%, 05/15/24							273				269,929
5.00%, 10/15/25(g)							1,890				1,861,650
Boyd Gaming Corp., 6.00%, 08/15/26							112				113,120
Boyne USA, Inc., 7.25%, 05/01/25(c)							184				198,720
Caesars Resort Collection LLC/CRC Finco, Inc., 5.25%, 10/15/25(c)							297				290,466
Churchill Downs, Inc.(c):
5.50%, 04/01/27							665				676,637
4.75%, 01/15/28							188				180,480
CPUK Finance Ltd., 4.25%, 02/28/47			GBP				100				126,446
Eldorado Resorts, Inc.:
6.00%, 04/01/25			USD				91				92,702
6.00%, 09/15/26							117				121,095
ESH Hospitality, Inc., 5.25%, 05/01/25(c)							285				285,712
GLP Capital LP/GLP Financing II, Inc.:
5.38%, 11/01/23							126				133,822
5.25%, 06/01/25							108				114,043
5.38%, 04/15/26							174				183,953
Golden Nugget, Inc., 6.75%, 10/15/24(c)							1,206				1,196,955
Hilton Domestic Operating Co., Inc., 5.13%, 05/01/26							697				703,970

Security						Par (000)				Value
Hotels, Restaurants & Leisure (continued)
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27			USD				49			$	49,284
IRB Holding Corp., 6.75%, 02/15/26(c)							52				50,700
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(c):
5.00%, 06/01/24							35				35,438
5.25%, 06/01/26							368				371,820
4.75%, 06/01/27							5				4,900
Marriott Ownership Resorts, Inc./ILG LLC, 6.50%, 09/15/26(c)							40				41,400
McDonald’s Corp., 3.70%, 01/30/26(g)							405				422,384
Melco Resorts Finance Ltd., 4.88%, 06/06/25(c)(g)							375				369,028
MGM Resorts International:
6.63%, 12/15/21(g)							992				1,057,720
7.75%, 03/15/22							453				499,432
4.63%, 09/01/26							11				10,670
RHP Hotel Properties LP/RHP Finance Corp., 5.00%, 04/15/21							494				494,617
Sabre GLBL, Inc.(c):
5.38%, 04/15/23							147				148,129
5.25%, 11/15/23							210				211,050
Scientific Games International, Inc.:
5.00%, 10/15/25(c)(g)							1,026				1,005,870
3.38%, 02/15/26			EUR				100				109,369
8.25%, 03/15/26(c)			USD				785				789,427
Six Flags Entertainment Corp.(c):
4.88%, 07/31/24							849				838,557
5.50%, 04/15/27(g)							329				328,043
Spirit Issuer PLC:
Series A2, (3 mo. LIBOR GBP + 2.70%), 3.53%, 12/28/31(e)			GBP				1,800				2,209,062
Series A5, 5.47%, 12/28/34							4,500				5,946,534
Station Casinos LLC, 5.00%, 10/01/25(c)			USD				123				118,387
Unique Pub Finance Co. PLC, Series A4, 5.66%, 06/30/27			GBP				57				80,373
Wyndham Destinations, Inc.:
5.40%, 04/01/24			USD				13				13,325
5.75%, 04/01/27							64				64,320
Wyndham Hotels & Resorts, Inc., 5.38%, 04/15/26(c)							121				122,815
Wynn Macau Ltd., 5.50%, 10/01/27(c)(g)							600				580,647
Yum! Brands, Inc.:
3.88%, 11/01/23							98				97,755
5.35%, 11/01/43							6				5,280
											22,626,036
Household Durables — 0.6%
Algeco Global Finance PLC, 8.00%, 02/15/23(c)							600				606,000

9

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Household Durables (continued)
Brookfield Residential Properties, Inc./Brookfield Residential US Corp., 6.13%, 07/01/22(c)			USD				207			$	208,553
Lennar Corp.:
8.38%, 01/15/21							134				143,715
6.25%, 12/15/21							380				398,050
4.88%, 12/15/23							122				124,928
4.75%, 05/30/25							260				262,600
5.25%, 06/01/26							28				28,875
4.75%, 11/29/27							360				362,700
Mattamy Group Corp.(c):
6.88%, 12/15/23							113				115,825
6.50%, 10/01/25							172				174,580
MDC Holdings, Inc., 6.00%, 01/15/43							122				107,055
Meritage Homes Corp., 5.13%, 06/06/27							77				75,148
PulteGroup, Inc., 6.38%, 05/15/33(g)							469				484,242
Taylor Morrison Communities, Inc., 5.88%, 06/15/27(c)(f)							264				262,601
Tempur Sealy International, Inc., 5.50%, 06/15/26							180				180,450
TRI Pointe Group, Inc.:
4.88%, 07/01/21							112				112,280
5.25%, 06/01/27							15				14,025
TRI Pointe Group, Inc./TRI Pointe Homes, Inc.:
4.38%, 06/15/19							110				109,175
5.88%, 06/15/24							11				10,892
											3,781,694
Household Products — 0.2%
ACCO Brands Corp., 5.25%, 12/15/24(c)							85				84,388
Berkline Benchcraft LLC, 4.50%, 06/01/20(a)(b)(f)(j)							200				—
Energizer Holdings, Inc.(c):
6.38%, 07/15/26							46				46,115
7.75%, 01/15/27							376				391,980
Spectrum Brands, Inc., 6.63%, 11/15/22							407				415,140
											937,623
Independent Power and Renewable Electricity Producers — 1.1%
AES Corp.:
4.50%, 03/15/23							187				188,169
4.88%, 05/15/23							193				193,822
6.00%, 05/15/26							230				240,350
5.13%, 09/01/27							45				46,012
Calpine Corp.:
5.38%, 01/15/23							1,045				1,033,244
5.88%, 01/15/24(c)							320				322,704
5.75%, 01/15/25							444				429,668
5.25%, 06/01/26(c)							730				714,539

Security						Par (000)				Value
Independent Power and Renewable Electricity Producers (continued)
Clearway Energy Operating LLC:
5.38%, 08/15/24			USD				443			$	440,785
5.75%, 10/15/25(c)							271				270,322
NRG Energy, Inc.:
6.63%, 01/15/27(g)							968				1,029,710
5.75%, 01/15/28(g)							596				622,075
5.25%, 06/15/29(c)							610				626,879
TerraForm Power Operating LLC(c):
4.25%, 01/31/23							181				175,117
6.63%, 06/15/25(m)							30				30,975
5.00%, 01/31/28							181				173,986
											6,538,357
Industrial Conglomerates — 0.1%
Algeco Global Finance PLC, 6.50%, 02/15/23			EUR				100				116,262
BWX Technologies, Inc., 5.38%, 07/15/26(c)			USD				209				213,180
Vertiv Group Corp., 9.25%, 10/15/24(c)(g)							541				532,885
											862,327
Insurance — 1.4%
Acrisure LLC/Acrisure Finance, Inc., 8.13%, 02/15/24(c)							109				111,998
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 8.25%, 08/01/23(c)							1,247				1,271,940
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25(g)							360				364,524
AmWINS Group, Inc., 7.75%, 07/01/26(c)							221				222,657
Aon PLC, 3.88%, 12/15/25(g)							1,115				1,163,125
Assicurazioni Generali SpA(3 mo. Euribor + 5.35%), 5.50%, 10/27/47(i)			EUR				100				121,881
CNO Financial Group, Inc., 5.25%, 05/30/29(f)			USD				352				355,520
Global Atlantic Fin Co., 8.63%, 04/15/21(c)(g)							750				811,966
GTCR AP Finance, Inc., 8.00%, 05/15/27(c)							216				211,680
HUB International Ltd., 7.00%, 05/01/26(c)(g)							1,189				1,169,263
Lincoln National Corp., 3.35%, 03/09/25(g)							845				858,469
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen(3 mo. Euribor + 3.50%), 6.00%, 05/26/41(i)			EUR				400				495,503
Nationstar Mortgage Holdings, Inc.(c):
8.13%, 07/15/23			USD				647				645,382
9.13%, 07/15/26							144				141,028

10

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Insurance (continued)
Nationwide Building Society, 4.13%, 10/18/32(c)(d)(g)			USD				595			$	560,374
											8,505,310
Interactive Media & Services — 0.5%
Go Daddy Operating Co. LLC/GD Finance Co., Inc., 5.25%, 12/01/27(c)							303				304,894
Match Group, Inc., 5.63%, 02/15/29(c)							177				182,623
Netflix, Inc.:
5.88%, 11/15/28(g)							601				631,050
3.88%, 11/15/29			EUR				100				113,949
5.38%, 11/15/29(c)			USD				579				587,685
Rackspace Hosting, Inc., 8.63%, 11/15/24(c)(g)							154				133,629
Symantec Corp., 5.00%, 04/15/25(c)							454				453,681
Uber Technologies, Inc., 7.50%, 11/01/23(c)(g)							276				288,420
United Group BV, 4.38%, 07/01/22			EUR				126				143,377
											2,839,308
IT Services — 0.8%
Banff Merger Sub, Inc.:
8.38%, 09/01/26							110				116,050
9.75%, 09/01/26(c)			USD				1,813				1,695,155
First Data Corp.(c):
5.00%, 01/15/24							180				183,937
5.75%, 01/15/24(g)							2,024				2,072,070
Gartner, Inc., 5.13%, 04/01/25(c)							174				175,305
InterXion Holding NV, 4.75%, 06/15/25			EUR				100				118,026
WEX, Inc., 4.75%, 02/01/23(c)			USD				177				176,557
Xerox Corp.:
4.80%, 03/01/35							336				274,680
6.75%, 12/15/39							50				48,325
											4,860,105
Leisure Products — 0.1%
Mattel, Inc., 6.75%, 12/31/25(c)							898				884,270
Machinery — 0.6%
Colfax Corp.(c):
6.00%, 02/15/24							575				594,165
6.38%, 02/15/26							270				282,150
Manitowoc Co., Inc., 9.00%, 04/01/26(c)							242				235,345
Mueller Water Products, Inc., 5.50%, 06/15/26(c)							233				235,330
Platin 1426 GmbH, 5.38%, 06/15/23			EUR				109				120,552
RBS Global, Inc./Rexnord LLC, 4.88%, 12/15/25(c)			USD				353				346,822
SPX FLOW, Inc.(c):
5.63%, 08/15/24							206				210,635
5.88%, 08/15/26							89				91,893
Terex Corp., 5.63%, 02/01/25(c)(g)							758				745,303

Security						Par (000)				Value
Machinery (continued)
Titan Acquisition Ltd./Titan Co-Borrower LLC, 7.75%, 04/15/26(c)(g)			USD				758			$	675,567
Wabash National Corp., 5.50%, 10/01/25(c)							241				227,143
											3,764,905
Media — 7.5%
Altice Financing SA(c):
6.63%, 02/15/23							440				446,600
7.50%, 05/15/26(g)							743				726,453
Altice France SA:
6.25%, 05/15/24(c)							200				202,750
7.38%, 05/01/26(c)(g)							2,104				2,055,345
5.88%, 02/01/27			EUR				100				117,008
8.13%, 02/01/27(c)			USD				707				706,116
Altice Luxembourg SA(c):
7.75%, 05/15/22(g)							1,065				1,083,637
7.63%, 02/15/25							668				615,028
10.50%, 05/15/27							473				472,645
AMC Networks, Inc., 4.75%, 08/01/25							542				529,805
CCO Holdings LLC/CCO Holdings Capital Corp.:
5.13%, 02/15/23(g)							270				272,033
4.00%, 03/01/23(c)(g)							670				663,099
5.13%, 05/01/27(c)(g)							1,900				1,901,187
5.88%, 05/01/27(c)							349				359,906
5.00%, 02/01/28(c)							144				142,560
5.38%, 06/01/29(c)							646				647,221
Charter Communications Operating LLC/Charter Communications Operating Capital, 4.91%, 07/23/25(g)							2,425				2,559,429
Clear Channel International BV, 8.75%, 12/15/20(c)							560				572,600
Clear Channel Worldwide Holdings, Inc.:
6.50%, 11/15/22(g)							1,197				1,220,593
9.25%, 02/15/24(c)							2,360				2,518,592
Series B, 6.50%, 11/15/22(g)							1,570				1,601,400
Comcast Corp., 3.95%, 10/15/25(g)							3,000				3,180,077
CSC Holdings LLC:
6.75%, 11/15/21							187				199,389
5.38%, 07/15/23(c)(g)							1,109				1,125,635
5.25%, 06/01/24							553				557,313
7.75%, 07/15/25(c)(g)							476				506,345
6.63%, 10/15/25(c)(g)							235				246,386
10.88%, 10/15/25(c)(g)							1,614				1,831,971
5.50%, 05/15/26(c)(g)							790				801,613
5.38%, 02/01/28(c)							200				200,500
6.50%, 02/01/29(c)(g)							1,022				1,080,458
Series 144S, 5.13%, 12/15/21(c)							493				491,767
Discovery Communications LLC(g):
3.25%, 04/01/23							1,490				1,501,196

11

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Media (continued)
3.45%, 03/15/25			USD				170			$	170,234
DISH DBS Corp.:
6.75%, 06/01/21(g)							461				475,982
5.88%, 07/15/22(g)							902				886,486
5.00%, 03/15/23							358				334,730
5.88%, 11/15/24							217				195,094
eircom Finance DAC, 3.50%, 05/15/26			EUR				100				111,553
Entercom Media Corp.(c):
7.25%, 11/01/24			USD				15				15,338
6.50%, 05/01/27							286				290,290
Gray Television, Inc., 7.00%, 05/15/27(c)							311				329,424
Hughes Satellite Systems Corp., 5.25%, 08/01/26							177				176,165
iHeartCommunications, Inc.:
6.38%, 05/01/26							174				180,887
8.38%, 05/01/27(b)(j)							170				177,459
Intelsat Jackson Holdings SA:
5.50%, 08/01/23(g)							944				844,880
8.50%, 10/15/24(c)(g)							851				827,597
9.75%, 07/15/25(c)							631				635,430
Lamar Media Corp., 5.75%, 02/01/26							124				129,658
Level 3 Parent LLC, 5.75%, 12/01/22							405				406,012
Live Nation Entertainment, Inc., 4.88%, 11/01/24(c)							29				29,073
MDC Partners, Inc., 6.50%, 05/01/24(c)							265				242,475
Meredith Corp., 6.88%, 02/01/26							154				158,605
Midcontinent Communications/Midcontinent Finance Corp., 6.88%, 08/15/23(c)							233				241,155
Nielsen Finance LLC/Nielsen Finance Co., 5.00%, 04/15/22(c)							440				435,204
Outfront Media Capital LLC/Outfront Media Capital Corp., 5.88%, 03/15/25							54				54,675
Qualitytech LP/QTS Finance Corp., 4.75%, 11/15/25(c)							146				141,255
Radiate Holdco LLC/Radiate Finance, Inc., 6.88%, 02/15/23(c)							60				60,600
Sable International Finance Ltd., 5.75%, 09/07/27(c)							200				196,750
Sirius XM Radio, Inc., 5.00%, 08/01/27(c)							332				327,020
TEGNA, Inc.:
5.13%, 10/15/19							105				105,009
5.50%, 09/15/24(c)							66				67,072
Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28(c)							400				394,200
Telenet Finance VI Luxembourg SCA, 4.88%, 07/15/27			EUR				90				108,029

Security						Par (000)				Value
Media (continued)
Telesat Canada/Telesat LLC, 8.88%, 11/15/24(c)			USD				129			$	139,159
Tribune Media Co., 5.88%, 07/15/22							302				305,307
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, 3.50%, 01/15/27			EUR				100				117,301
Univision Communications, Inc.(c):
5.13%, 05/15/23(g)			USD				301				284,445
5.13%, 02/15/25							133				121,797
UPCB Finance IV Ltd.:
5.38%, 01/15/25(c)							200				202,500
4.00%, 01/15/27			EUR				90				105,571
Videotron Ltd., 5.13%, 04/15/27(c)			USD				439				441,195
Virgin Media Finance PLC, 5.75%, 01/15/25(c)							855				866,222
Virgin Media Receivables Financing Notes I DAC, 5.50%, 09/15/24			GBP				100				128,840
Virgin Media Secured Finance PLC:
5.13%, 01/15/25							100				129,902
5.25%, 01/15/26(c)			USD				355				353,225
5.50%, 08/15/26(c)							200				201,030
5.50%, 05/15/29(c)							200				198,750
Ziggo Bond Co. BV(c):
5.88%, 01/15/25							470				466,475
6.00%, 01/15/27							199				193,279
Ziggo BV:
4.25%, 01/15/27			EUR				100				115,808
5.50%, 01/15/27(c)			USD				516				503,100
											44,758,904
Metals & Mining — 1.8%
Alcoa Nederland Holding BV, 6.13%, 05/15/28(c)							200				201,000
Big River Steel LLC/BRS Finance Corp., 7.25%, 09/01/25(c)							221				229,840
Cleveland-Cliffs, Inc., 4.88%, 01/15/24(c)							188				187,060
Constellium NV(c):
5.75%, 05/15/24							756				761,670
6.63%, 03/01/25(g)							573				581,595
5.88%, 02/15/26							588				579,180
Freeport-McMoRan, Inc.:
4.00%, 11/14/21							240				241,200
3.55%, 03/01/22							693				678,274
3.88%, 03/15/23							1,394				1,341,725
4.55%, 11/14/24							368				355,580
5.40%, 11/14/34							161				143,290
5.45%, 03/15/43							1,747				1,490,191
Grinding Media, Inc./Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23(c)							225				209,250

12

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Metals & Mining (continued)
Joseph T Ryerson & Son, Inc., 11.00%, 05/15/22(c)			USD				135			$	142,425
Kaiser Aluminum Corp., 5.88%, 05/15/24							112				113,960
Mineral Resources Ltd., 8.13%, 05/01/27(c)							291				292,365
Nexa Resources SA, 5.38%, 05/04/27(c)							237				241,207
Novelis Corp.(c):
6.25%, 08/15/24							1,373				1,403,892
5.88%, 09/30/26							502				489,139
Steel Dynamics, Inc.:
5.25%, 04/15/23							200				202,250
5.50%, 10/01/24							56				57,035
4.13%, 09/15/25							206				203,682
5.00%, 12/15/26							15				15,338
SunCoke Energy Partners LP/SunCoke Energy Partners Finance Corp., 7.50%, 06/15/25(c)							95				93,575
thyssenkrupp AG, 2.88%, 02/22/24			EUR				84				93,855
United States Steel Corp.:
6.88%, 08/15/25			USD				98				84,819
6.25%, 03/15/26							33				27,101
Vale Overseas Ltd., 6.25%, 08/10/26(g)							188				203,980
											10,664,478
Multi-Utilities — 0.3%
Brooklyn Union Gas Co., 3.41%, 03/10/26(c)(g)							1,475				1,508,353
Superior Plus LP/Superior General Partner, Inc., 7.00%, 07/15/26(c)							314				319,596
											1,827,949
Offshore Drilling & Other Services — 0.0%
Entegris, Inc., 4.63%, 02/10/26(c)							190				189,050
Oil, Gas & Consumable Fuels — 6.6%
Andeavor Logistics LP/Tesoro Logistics Finance Corp., 4.25%, 12/01/27							185				190,035
Antero Midstream Partners LP/Antero Midstream Finance Corp.:
5.38%, 09/15/24							55				54,288
5.75%, 03/01/27(c)							38				38,285
Antero Resources Corp.:
5.63%, 06/01/23							147				145,346
5.00%, 03/01/25(g)							48				45,540
Ascent Resources Utica Holdings LLC/ARU Finance Corp.(c):
10.00%, 04/01/22							239				253,612
7.00%, 11/01/26							139				130,271
Berry Petroleum Co. LLC, 7.00%, 02/15/26(c)							160				154,800

Security						Par (000)				Value
Oil, Gas & Consumable Fuels (continued)
Brazos Valley Longhorn LLC/Brazos Valley Longhorn Finance Corp., 6.88%, 02/01/25			USD				160			$	156,400
Bruin E&P Partners LLC, 8.88%, 08/01/23(c)							133				119,368
Callon Petroleum Co.:
6.13%, 10/01/24							202				199,940
Series WI, 6.38%, 07/01/26							162				157,545
Carrizo Oil & Gas, Inc.:
6.25%, 04/15/23(g)							240				222,000
8.25%, 07/15/25							245				238,875
Centennial Resource Production LLC, 6.88%, 04/01/27(c)							154				152,876
Chaparral Energy, Inc., 8.75%, 07/15/23(c)							181				104,075
Cheniere Corpus Christi Holdings LLC:
7.00%, 06/30/24							623				694,458
5.88%, 03/31/25							382				410,650
5.13%, 06/30/27(g)							991				1,025,705
Cheniere Energy Partners LP:
5.63%, 10/01/26(c)							258				261,225
Series WI, 5.25%, 10/01/25							48				48,120
Chesapeake Energy Corp.:
6.63%, 08/15/20							349				353,362
4.88%, 04/15/22							97				93,120
5.75%, 03/15/23							19				18,193
7.00%, 10/01/24(g)							136				123,080
8.00%, 01/15/25(g)							326				299,920
8.00%, 03/15/26(c)							163				147,923
8.00%, 06/15/27(g)							730				646,050
CNX Resources Corp., 5.88%, 04/15/22(g)							1,823				1,748,038
Comstock Resources, Inc., 9.75%, 08/15/26							185				142,450
CONSOL Energy, Inc., 11.00%, 11/15/25(c)(g)							632				684,930
Covey Park Energy LLC/Covey Park Finance Corp., 7.50%, 05/15/25(c)							254				226,060
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.:
6.25%, 04/01/23							21				21,174
5.63%, 05/01/27(c)							389				381,220
CrownRock LP/CrownRock Finance, Inc., 5.63%, 10/15/25(c)(g)							1,170				1,120,275
DCP Midstream Operating LP:
5.38%, 07/15/25							188				195,520
5.13%, 05/15/29							412				415,605
6.45%, 11/03/36(c)							226				231,650
6.75%, 09/15/37(c)							373				384,190
Denbury Resources, Inc., 9.25%, 03/31/22(c)							479				462,235

13

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Oil, Gas & Consumable Fuels (continued)
Diamond Offshore Drilling, Inc.:
5.70%, 10/15/39			USD				31			$	19,375
4.88%, 11/01/43							286				168,740
eG Global Finance PLC:
4.38%, 02/07/25			EUR				100				109,481
6.75%, 02/07/25(c)			USD				396				388,575
Enbridge, Inc., 6.25%, 03/01/78(d)(g)							1,565				1,545,437
Endeavor Energy Resources LP/EER Finance, Inc.(c):
5.50%, 01/30/26							650				663,000
5.75%, 01/30/28							277				287,041
EnLink Midstream LLC, 5.38%, 06/01/29							82				81,403
EnLink Midstream Partners LP:
4.40%, 04/01/24							240				235,800
4.15%, 06/01/25							24				22,980
4.85%, 07/15/26							108				105,840
5.60%, 04/01/44							252				221,760
5.05%, 04/01/45							310				260,400
5.45%, 06/01/47							232				201,840
Ensco Rowan PLC, 5.75%, 10/01/44							30				17,400
Extraction Oil & Gas, Inc.(c):
7.38%, 05/15/24							140				120,400
5.63%, 02/01/26							479				376,015
Genesis Energy LP/Genesis Energy Finance Corp.:
6.00%, 05/15/23							78				75,340
5.63%, 06/15/24							78				73,320
6.50%, 10/01/25							95				90,250
6.25%, 05/15/26							158				145,953
Geopark Ltd., 6.50%, 09/21/24(c)							200				201,000
Great Western Petroleum LLC/Great Western Finance, Inc., 9.00%, 09/30/21(c)							495				390,431
Gulfport Energy Corp.:
6.63%, 05/01/23							77				70,840
6.00%, 10/15/24							66				54,450
6.38%, 01/15/26							189				154,035
Hess Corp., 4.30%, 04/01/27							50				50,213
Hess Infrastructure Partners LP/Hess Infrastructure Partners Finance Corp., 5.63%, 02/15/26(c)							246				253,380
Impulsora Pipeline LLC, 6.05%, 12/31/42(a)							1,484				1,554,446
Indigo Natural Resources LLC, 6.88%, 02/15/26(c)							363				325,792
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26(c)							41				41,205
Matador Resources Co., 5.88%, 09/15/26							321				317,790
MEG Energy Corp., 6.50%, 01/15/25(c)(g)							728				700,482

Security						Par (000)				Value
Oil, Gas & Consumable Fuels (continued)
Murphy Oil Corp.:
5.75%, 08/15/25			USD				206			$	206,408
7.05%, 05/01/29							16				17,067
5.63%, 12/01/42							168				147,972
Nabors Industries, Inc.:
5.00%, 09/15/20							46				46,575
4.63%, 09/15/21							233				224,263
New Enterprise Stone & Lime Co., Inc., 6.25%, 03/15/26(c)							74				73,445
NGPL PipeCo LLC(c):
4.88%, 08/15/27							493				506,557
7.77%, 12/15/37							417				514,995
Noble Holding International Ltd.:
7.75%, 01/15/24							18				14,085
7.88%, 02/01/26(c)(g)							963				832,995
5.25%, 03/15/42							118				65,195
Northern Oil and Gas, Inc., (8.50% Cash or 1.00% PIK), 9.50%, 05/15/23(h)							397				408,601
NuStar Logistics LP, 6.00%, 06/01/26							163				162,622
Oasis Petroleum, Inc.:
6.88%, 03/15/22							278				269,110
6.88%, 01/15/23							44				42,240
6.25%, 05/01/26(c)							83				73,455
Odebrecht Offshore Drilling Finance Ltd.(c):
6.72%, 12/01/22			BRL				74				70,959
(7.72% PIK), 7.72%, 12/01/26(h)							8				2,084
Pacific Drilling SA, 8.38%, 10/01/23(c)			USD				1,211				1,156,505
Parsley Energy LLC/Parsley Finance Corp.(c):
6.25%, 06/01/24							139				141,954
5.38%, 01/15/25							296				295,260
5.25%, 08/15/25							59				57,820
5.63%, 10/15/27							316				312,056
PBF Holding Co. LLC/PBF Finance Corp., 7.25%, 06/15/25							212				215,180
PDC Energy, Inc.:
1.13%, 09/15/21(n)							888				810,333
6.13%, 09/15/24							38				36,670
5.75%, 05/15/26							108				100,138
Petrobras Global Finance BV:
6.13%, 01/17/22							114				121,068
5.30%, 01/27/25							152				157,799
8.75%, 05/23/26							176				212,194
6.00%, 01/27/28							189				194,576
7.25%, 03/17/44							160				169,577
Petroleos Mexicanos:
5.38%, 03/13/22							39				40,088
6.50%, 03/13/27							117				117,782
Precision Drilling Corp., 7.13%, 01/15/26(c)							149				141,178

14

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Oil, Gas & Consumable Fuels (continued)
QEP Resources, Inc.:
6.88%, 03/01/21			USD				456			$	462,840
5.38%, 10/01/22							239				229,440
5.25%, 05/01/23							134				126,295
5.63%, 03/01/26(g)							377				341,185
Range Resources Corp.:
5.88%, 07/01/22							52				50,960
5.00%, 08/15/22							60				56,671
4.88%, 05/15/25							108				94,095
Rowan Cos., Inc., 4.88%, 06/01/22							438				396,937
SESI LLC, 7.13%, 12/15/21							107				79,715
Seven Generations Energy Ltd.(c):
6.88%, 06/30/23							94				94,705
5.38%, 09/30/25							232				219,820
SM Energy Co.:
6.13%, 11/15/22							42				40,635
5.00%, 01/15/24							142				124,250
5.63%, 06/01/25(g)							361				314,070
6.75%, 09/15/26							25				22,325
Southwestern Energy Co.:
6.20%, 01/23/25							120				111,563
7.50%, 04/01/26							11				10,560
7.75%, 10/01/27							212				202,460
Sunoco Logistics Partners Operations LP, 3.90%, 07/15/26(g)							235				235,087
Sunoco LP/Sunoco Finance Corp.:
6.00%, 04/15/27(c)							41				41,666
Series WI, 4.88%, 01/15/23							313				315,416
Series WI, 5.50%, 02/15/26							104				105,040
Series WI, 5.88%, 03/15/28							124				125,860
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(c):
4.75%, 10/01/23							26				26,131
5.50%, 09/15/24							462				471,240
5.50%, 01/15/28(g)							1,055				1,049,725
Targa Resources Partners LP/Targa Resources Partners Finance Corp.:
5.13%, 02/01/25							86				86,215
5.88%, 04/15/26							314				324,597
5.38%, 02/01/27							17				17,085
6.50%, 07/15/27(c)							324				337,430
5.00%, 01/15/28							335				322,337
6.88%, 01/15/29(c)							980				1,044,312
Transcontinental Gas Pipe Line Co. LLC, 4.00%, 03/15/28(g)							280				289,310
Transocean Pontus Ltd., 6.13%, 08/01/25(c)							200				201,140
Transocean Poseidon Ltd., 6.88%, 02/01/27(c)							428				440,305
Transocean Sentry Ltd., 5.38%, 05/15/23(c)							293				290,436
Transocean, Inc., 7.25%, 11/01/25(c)							310				288,300

Security						Par (000)				Value
Oil, Gas & Consumable Fuels (continued)
Vantage Drilling International, 9.25%, 11/15/23(c)			USD				132			$	132,660
Whiting Petroleum Corp., 6.63%, 01/15/26							107				97,905
WPX Energy, Inc.:
6.00%, 01/15/22							44				44,647
8.25%, 08/01/23							174				191,835
5.25%, 09/15/24							84				82,530
5.75%, 06/01/26							45				44,634
YPF SA, 8.50%, 07/28/25							250				235,000
											39,600,998
Paper & Forest Products — 0.0%
Norbord, Inc., 6.25%, 04/15/23(c)							152				158,939
Personal Products — 0.0%
Coty, Inc., 6.50%, 04/15/26(c)							200				191,976
Pharmaceuticals — 2.9%
AbbVie, Inc., 3.60%, 05/14/25(g)							695				708,024
Allergan Funding SCS, 3.45%, 03/15/22(g)							2,460				2,474,774
Bausch Health Americas, Inc.(c):
8.50%, 01/31/27(g)							1,163				1,220,789
9.25%, 04/01/26							218				236,053
Bausch Health Cos., Inc.:
5.50%, 03/01/23(c)							199				199,498
4.50%, 05/15/23			EUR				346				390,542
5.88%, 05/15/23(c)(g)			USD				356				356,775
7.00%, 03/15/24(c)							476				497,122
6.13%, 04/15/25(c)(g)							984				958,785
5.50%, 11/01/25(c)(g)							1,148				1,154,647
9.00%, 12/15/25(c)							551				593,014
5.75%, 08/15/27(c)							181				182,697
7.00%, 01/15/28(c)							370				365,838
7.25%, 05/30/29(c)							525				522,375
Charles River Laboratories International, Inc., 5.50%, 04/01/26(c)							365				379,144
CVS Health Corp.(g):
4.75%, 12/01/22							165				174,241
4.10%, 03/25/25							2,355				2,436,652
Eagle Holding Co. II LLC, (8.50% PIK), 7.75%, 05/15/22(c)(h)							342				344,138
Elanco Animal Health, Inc., 4.90%, 08/28/28(c)							187				202,621
Jaguar Holding Co. II/Pharmaceutical Product Development LLC, 6.38%, 08/01/23(c)							1,567				1,590,818
MEDNAX, Inc., 6.25%, 01/15/27(c)							711				718,110
Nidda BondCo GmbH, 7.25%, 09/30/25			EUR				100				116,456
Par Pharmaceutical, Inc., 7.50%, 04/01/27(c)			USD				1,122				1,085,535

15

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Pharmaceuticals (continued)
Syneos Health, Inc./inVentiv Health, Inc./inVentiv Health Clinical, Inc., 7.50%, 10/01/24(c)			USD				208			$	216,320
											17,124,968
Real Estate — 0.0%
Prologis LP, 3.75%, 11/01/25(g)							255				269,338
Real Estate Management & Development — 0.1%
ADLER Real Estate AG, 3.00%, 04/27/26			EUR				100				114,704
Greystar Real Estate Partners LLC, 5.75%, 12/01/25(c)			USD				174				172,695
Howard Hughes Corp., 5.38%, 03/15/25(c)							186				183,675
Newmark Group, Inc., 6.13%, 11/15/23							106				108,421
Residomo SRO, 3.38%, 10/15/24			EUR				100				114,659
											694,154
Road & Rail — 0.8%
Avis Budget Finance PLC, 4.75%, 01/30/26							100				114,098
Europcar Mobility Group, 4.00%, 04/30/26							100				109,666
Flexi-Van Leasing, Inc., 10.00%, 02/15/23(c)			USD				169				155,480
Herc Rentals, Inc.(c):
7.50%, 06/01/22							112				115,640
7.75%, 06/01/24							106				111,565
Hertz Corp., 7.63%, 06/01/22(c)							325				329,469
Hertz Holdings Netherlands BV, 5.50%, 03/30/23			EUR				100				114,374
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34(c)(g)			USD				3,000				3,191,250
United Rentals North America, Inc.:
4.63%, 07/15/23							160				162,800
5.88%, 09/15/26							52				53,885
5.25%, 01/15/30							329				322,420
											4,780,647
Semiconductors & Semiconductor Equipment — 0.9%
Advanced Micro Devices, Inc., 7.50%, 08/15/22							73				81,212
Analog Devices, Inc.(g):
3.90%, 12/15/25							375				388,979
3.50%, 12/05/26							275				275,115
Applied Materials, Inc., 3.90%, 10/01/25(g)							285				301,575
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.63%, 01/15/24(g)							1,515				1,499,862
Qorvo, Inc., 5.50%, 07/15/26(c)							422				429,385
QUALCOMM, Inc., 3.45%, 05/20/25(g)							1,570				1,597,817

Security						Par (000)				Value
Semiconductors & Semiconductor Equipment (continued)
Sensata Technologies BV(c):
5.63%, 11/01/24			USD				179			$	188,174
5.00%, 10/01/25(g)							324				324,000
											5,086,119
Software — 2.3%
ACI Worldwide, Inc., 5.75%, 08/15/26(c)							696				715,140
CA, Inc., 3.60%, 08/15/22(g)							555				560,073
CDK Global, Inc.:
4.88%, 06/01/27							655				641,081
5.25%, 05/15/29(c)							138				137,655
Genesys Telecommunications Laboratories, Inc./Greeneden Lux 3 Sarl/Greeneden US Ho, 10.00%, 11/30/24(c)(g)							1,241				1,352,690
Infor US, Inc., 6.50%, 05/15/22(g)							2,649				2,679,596
Informatica LLC, 7.13%, 07/15/23(c)(g)							1,695				1,711,950
Nuance Communications, Inc.:
6.00%, 07/01/24							144				147,247
5.63%, 12/15/26							143				146,040
PTC, Inc., 6.00%, 05/15/24							227				237,783
RP Crown Parent LLC, 7.38%, 10/15/24(c)							758				788,548
Solera LLC/Solera Finance, Inc., 10.50%, 03/01/24(c)(g)							1,838				1,978,056
Sophia LP/Sophia Finance, Inc., 9.00%, 09/30/23(c)							292				300,760
SS&C Technologies, Inc., 5.50%, 09/30/27(c)							1,542				1,553,611
TIBCO Software, Inc., 11.38%, 12/01/21(c)							784				829,080
											13,779,310
Specialty Retail — 0.5%
Asbury Automotive Group, Inc., 6.00%, 12/15/24							334				341,515
Catalent Pharma Solutions, Inc., 4.88%, 01/15/26(c)							324				320,760
Group 1 Automotive, Inc.:
5.00%, 06/01/22							155				155,775
5.25%, 12/15/23(c)							18				18,293
IAA Spinco, Inc., 5.50%, 06/15/27(c)(f)							372				377,576
L Brands, Inc.:
6.88%, 11/01/35							401				348,870
6.75%, 07/01/36							71				60,350
Penske Automotive Group, Inc., 5.50%, 05/15/26							32				31,680
Staples, Inc.(c):
7.50%, 04/15/26							1,058				1,015,796
10.75%, 04/15/27							174				166,988

16

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Specialty Retail (continued)
Tendam Brands SAU, 5.00%, 09/15/24			EUR				100			$	110,319
											2,947,922
Technology Hardware, Storage & Peripherals — 0.3%
Dell International LLC/EMC Corp.(c)(g):
4.42%, 06/15/21			USD				40				40,985
7.13%, 06/15/24							931				981,189
Hewlett Packard Enterprise Co., 4.90%, 10/15/25(g)							375				399,810
Western Digital Corp., 4.75%, 02/15/26(g)							589				558,531
											1,980,515
Textiles, Apparel & Luxury Goods — 0.0%
William Carter Co., 5.63%, 03/15/27(c)							160				163,400
Thrifts & Mortgage Finance — 0.1%
Jerrold Finco PLC, 6.25%, 09/15/21			GBP				100				128,321
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(c):
5.25%, 03/15/22			USD				23				22,970
5.25%, 10/01/25							284				277,610
											428,901
Transportation Infrastructure — 0.1%
Rumo Luxembourg Sarl, 7.38%, 02/09/24(c)							293				314,243
Transurban Finance Co. Property Ltd., 4.13%, 02/02/26(c)(g)							435				449,187
											763,430
Utilities — 0.2%
ContourGlobal Power Holdings SA, 3.38%, 08/01/23			EUR				100				115,026
Generacion Mediterranea SA/Generacion Frias SA/Central Termica Roca SA, 9.63%, 07/27/23(c)			USD				293				228,237
Orano SA, 3.38%, 04/23/26			EUR				100				111,131
Vistra Operations Co. LLC(c):
5.50%, 09/01/26			USD				8				8,200
5.63%, 02/15/27							422				434,006
											896,600
Wireless Telecommunication Services — 2.2%
C&W Senior Financing DAC, 6.88%, 09/15/27(c)							329				327,355
Comunicaciones Celulares SA Via Comcel Trust, 6.88%, 02/06/24(c)							1,273				1,309,771
CyrusOne LP/CyrusOne Finance Corp., 5.38%, 03/15/27							112				115,500

Security						Par (000)				Value
Wireless Telecommunication Services (continued)
Digicel International Finance Ltd./Digicel Holdings Bermuda Ltd., 8.75%, 05/25/24(c)			USD				379			$	372,367
Equinix, Inc.:
2.88%, 10/01/25			EUR				100				114,620
5.88%, 01/15/26(g)			USD				869				910,356
Iron Mountain, Inc., 3.00%, 01/15/25			EUR				100				111,951
Matterhorn Telecom SA, 3.88%, 05/01/22							100				112,396
Radiate Holdco LLC/Radiate Finance, Inc., 6.63%, 02/15/25(c)			USD				137				133,918
Rogers Communications, Inc., 5.00%, 03/15/44(g)							545				612,141
SBA Communications Corp.:
4.00%, 10/01/22							401				398,843
4.88%, 09/01/24(g)							1,195				1,183,468
Sprint Communications, Inc., 7.00%, 03/01/20(c)							904				925,470
Sprint Corp.:
7.88%, 09/15/23(g)							1,080				1,158,300
7.13%, 06/15/24							1,638				1,703,520
7.63%, 02/15/25(g)							159				168,142
7.63%, 03/01/26(g)							1,118				1,184,521
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC, 3.36%, 03/20/23(c)(g)							325				324,187
T-Mobile USA, Inc.:
4.00%, 04/15/22							197				198,477
6.38%, 03/01/25							282				292,251
6.50%, 01/15/26							227				239,485
4.50%, 02/01/26(g)							536				528,630
4.75%, 02/01/28(g)							599				593,573
Wind Tre SpA, 3.13%, 01/20/25			EUR				100				109,335
Xplornet Communications, Inc., (9.63% Cash or 10.63% PIK), 9.63%, 06/01/22(c)(h)			USD				134				139,057
											13,267,634
Total Corporate Bonds — 62.3% (Cost — $373,084,945)											372,938,533
Floating Rate Loan Interests(e) — 40.7%
Aerospace & Defense — 0.7%
1199169 B.C. Unlimited Liability Co., 2019 Term Loan B2, (3 mo. LIBOR + 4.00%), 6.60%, 04/06/26							659				660,082
Atlantic Aviation FBO, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.75%), 6.19%, 12/06/25(a)							396				398,977
Dynasty Acquisition Co., Inc., 2019 Term Loan B1, (3 mo. LIBOR + 4.00%), 6.60%, 04/06/26							1,226				1,227,753

17

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Aerospace & Defense (continued)
TransDigm, Inc., 2018 Term Loan F, (1 mo. LIBOR + 2.50%), 4.94%, 06/09/23			USD				1,952			$	1,916,521
WP CPP Holdings LLC, 2018 Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.34%, 04/30/25							188				187,899
											4,391,232
Air Freight & Logistics — 0.1%
Avolon TLB Borrower 1 (US) LLC, Term Loan B3, (1 mo. LIBOR + 1.75%), 4.19%, 01/15/25							714				711,370
Airlines — 0.1%
American Airlines, Inc.:
2017 1st Lien Term Loan, (1 mo. LIBOR + 2.00%), 4.45%, 10/12/21							442				439,675
Repriced TL B due 2023, (1 mo. LIBOR + 2.00%), 4.43%, 04/28/23							231				227,346
											667,021
Auto Components — 0.5%
Adient US LLC, Term Loan B, (3 mo. LIBOR + 4.25%), 6.87%, 05/06/24							222				218,282
Panther BF Aggregator 2 LP, Term Loan B, (1 mo. LIBOR + 3.50%), 5.93%, 04/30/26							983				975,018
USI, Inc., 2017 Repriced Term Loan, (3 mo. LIBOR + 3.00%), 5.60%, 05/16/24							1,020				990,773
Wand NewCo 3, Inc., 2019 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.97%, 02/05/26							489				489,611
											2,673,684
Banks — 0.1%
Capri Finance LLC, 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.25%), 5.83%, 11/01/24							676				662,909
Building Materials — 0.1%
Allied Universal HoldCo LLC, 2015 Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.19%, 07/28/22							636				617,216

Security						Par (000)				Value
Building Materials (continued)
USAGM HoldCo LLC, 2015 2nd Lien Term Loan, (1 mo. LIBOR + 8.50%, 1.00% Floor), 10.94%, 07/28/23			USD				205			$	199,870
											817,086
Building Products — 0.3%
CPG International, Inc., 2017 Term Loan, (6 mo. LIBOR + 3.75%, 1.00% Floor), 6.63%, 05/05/24(a)							474				468,015
Jeld-Wen, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 2.00%), 4.60%, 12/14/24							404				401,352
Wilsonart LLC, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.86%, 12/19/23							725				709,162
											1,578,529
Capital Markets — 0.7%
Duff & Phelps Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 02/13/25							686				666,685
Fortress Investment Group LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 12/27/22							486				485,034
Greenhill & Co., Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 5.70%, 04/12/24(a)							403				398,970
Jefferies Finance LLC, 2019 Term Loan, 05/21/26(o)							468				466,975
RPI Finance Trust, Term Loan B6, (1 mo. LIBOR + 2.00%), 4.44%, 03/27/23							824				822,715
Travelport Finance (Luxembourg) Sarl(o):
2019 2nd Lien Term Loan, 03/31/27(a)							410				397,700
2019 Term Loan, 03/13/26							1,230				1,174,133
											4,412,212
Chemicals — 1.9%
Alpha 3 BV, 2017 Term Loan B1, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.60%, 01/31/24							1,776				1,749,815
Axalta Coating Systems US Holdings, Inc., Term Loan, (3 mo. LIBOR + 1.75%), 4.35%, 06/01/24							1,155				1,131,260
Charter NEX US Holdings, Inc.:
2017 Term Loan B, 05/16/24(o)							972				951,225

18

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Chemicals (continued)
Incremental Term Loan, (1 mo. LIBOR + 3.50%), 5.94%, 05/16/24			USD				266			$	265,069
Chemours Co., 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 4.19%, 04/03/25							664				645,856
Element Materials Technology Group US Holdings, Inc., 2017 Term Loan B, (6 mo. LIBOR + 3.50%, 1.00% Floor), 6.15%, 06/28/24							262				260,997
Encapsys LLC, 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 11/07/24							325				323,495
Hexion Inc, DIP Term Loan, (3 mo. LIBOR + 2.75%), 5.35%, 10/01/20							244				243,288
Invictus US LLC:
1st Lien Term Loan, (3 mo. LIBOR + 3.00%), 5.52%, 03/28/25							613				592,634
2nd Lien Term Loan, (3 mo. LIBOR + 6.75%), 9.27%, 03/25/26(a)							135				133,650
Messer Industries GmbH, 2018 USD Term Loan, (3 mo. LIBOR + 2.50%), 5.10%, 03/01/26							1,355				1,327,900
Momentive Performance Materials, Inc., Term Loan B, (1 Week LIBOR + 3.25%), 5.65%, 04/16/24							272				270,811
Oxea Holding Drei GmbH, 2017 Term Loan B2, (3 mo. LIBOR + 3.50%), 6.13%, 10/14/24							1,009				1,006,490
Plaskolite LLC, 1st Lien Term Loan, (1 mo. LIBOR + 4.25%, 1.00% Floor), 6.69%, 12/12/25							376				371,649
PQ Corp., 2018 Term Loan B, (3 mo. LIBOR + 2.50%), 5.08%, 02/08/25							1,078				1,072,695
Starfruit Finco BV, 2018 USD Term Loan B, (1 mo. LIBOR + 3.25%), 5.72%, 10/01/25							405				401,371
Tata Chemicals North America, Inc., Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 5.38%, 08/07/20							476				475,039
Vectra Co., 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.69%, 03/08/25							316				301,954
											11,525,198
Commercial Services & Supplies — 2.3%
Advanced Disposal Services, Inc., Term Loan B3, (1 Week LIBOR + 2.25%), 4.64%, 11/10/23							1,066				1,063,628
Aramark Services, Inc., 2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 4.19%, 03/11/25							663				658,803

Security						Par (000)				Value
Commercial Services & Supplies (continued)
Asurion LLC:
2017 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%), 8.94%, 08/04/25			USD				731			$	742,272
2017 Term Loan B4, (1 mo. LIBOR + 3.00%), 5.44%, 08/04/22							196				195,330
2018 Term Loan B6, (1 mo. LIBOR + 3.00%), 5.44%, 11/03/23							1,368				1,361,953
2018 Term Loan B7, (1 mo. LIBOR + 3.00%), 5.44%, 11/03/24							389				387,045
BrightView Landscapes LLC, 2018 1st Lien Term Loan B, (1 mo. LIBOR + 2.50%), 5.00%, 08/15/25							668				666,365
Camelot UK Holdco Ltd., 2017 Repriced Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.68%, 10/03/23							1,080				1,078,615
Catalent Pharma Solutions, Inc., Term Loan B, (1 mo. LIBOR + 2.25%, 1.00% Floor), 4.69%, 05/20/24							404				402,823
Creative Artists Agency LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.43%, 02/15/24							1,053				1,048,344
EnergySolutions LLC, 2018 Term Loan B, (3 mo. LIBOR + 3.75%, 1.00% Floor), 6.35%, 05/09/25							192				180,538
GFL Environmental, Inc., 2018 USD Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.44%, 05/30/25							1,147				1,121,424
Harland Clarke Holdings Corp., Term Loan B7, (3 mo. LIBOR + 4.75%, 1.00% Floor), 7.35%, 11/03/23							246				204,381
KAR Auction Services, Inc., Term Loan B5, (3 mo. LIBOR + 2.50%), 5.13%, 03/09/23							494				492,449
Prime Security Services Borrower LLC, 2016 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 05/02/22							1,280				1,265,759
Verscend Holding Corp., 2018 Term Loan B, (1 mo. LIBOR + 4.50%), 6.94%, 08/27/25							1,801				1,799,142
West Corp.:
2017 Term Loan, (1 mo. LIBOR + 4.00%, 1.00% Floor) 6.52%, 10/10/24							1,069				994,943
2018 Term Loan B1, (1 mo. LIBOR + 3.50%, 1.00% Floor) 6.02%, 10/10/24							99				91,806
											13,755,620

19

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Communications Equipment — 0.3%
Avantor, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.19%, 11/21/24			USD				552			$	551,169
Avaya, Inc., 2018 Term Loan B, (1 mo. LIBOR + 4.25%), 6.69%, 12/15/24							512				501,154
Ciena Corp., 2018 Term Loan B, (PRIME + 1.00%), 4.44%, 09/26/25							583				582,243
											1,634,566
Construction & Engineering — 0.4%
Brand Energy & Infrastructure Services, Inc., 2017 Term Loan, (2 mo. LIBOR + 4.25%, 1.00% Floor), 6.82%, 06/21/24							1,099				1,065,513
Pike Corp., 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.94%, 03/23/25							262				262,265
Ply Gem Midco, Inc., 2018 Term Loan, (3 mo. LIBOR + 3.75%), 6.35%, 04/12/25							129				127,354
SRS Distribution, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.69%, 05/23/25							471				452,310
USIC Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.44%, 12/08/23							404				397,585
											2,305,027
Construction Materials — 0.6%
Core & Main LP, 2017 Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.63%, 08/01/24							1,388				1,383,713
Filtration Group Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.44%, 03/29/25							1,410				1,404,765
Foundation Building Materials LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.44%, 08/13/25(a)							272				268,732
Tamko Building Products, Inc, Term Loan B, 04/23/26(a)(o)							202				200,990
											3,258,200
Containers & Packaging — 0.8%
Berry Global, Inc.:
2018 Term Loan S, (1 mo. LIBOR + 1.75%), 4.20%, 02/08/20							174				173,128
Term Loan Q, 10/01/22(o)							1,595				1,581,443
USD Term Loan U, 05/15/26(o)							945				939,689
BWAY Holding Co., 2017 Term Loan B, (3 mo. LIBOR + 3.25%), 5.85%, 04/03/24							1,016				988,752

Security						Par (000)				Value
Containers & Packaging (continued)
Flex Acquisition Co., Inc.:
1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.63%, 12/29/23			USD				977			$	936,815
2018 Incremental Term Loan, (3 mo. LIBOR + 3.25%), 5.88%, 06/29/25							416				398,853
											5,018,680
Distributors — 0.4%
American Builders & Contractors Supply Co., Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 10/31/23							1,208				1,187,275
TriMark USA LLC, 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.94%, 08/28/24							1,116				931,944
											2,119,219
Diversified Consumer Services — 1.1%
Ascend Learning LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.44%, 07/12/24							464				459,237
Bright Horizons Family Solutions, Inc., 2017 Term Loan B, (1 mo. LIBOR + 1.75%), 4.19%, 11/07/23							598				595,849
Equian LLC, Add on Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 05/20/24							541				536,891
Genuine Financial Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.19%, 07/12/25							477				473,626
Nomad Foods Europe Midco Ltd., 2017 Term Loan B4, (1 mo. LIBOR + 2.25%), 4.69%, 05/15/24							414				409,914
Serta Simmons Bedding LLC:
1st Lien Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor) 5.96%, 11/08/23							327				228,756
2nd Lien Term Loan, (1 mo. LIBOR + 8.00%, 1.00% Floor) 10.44%, 11/08/24							39				19,352
ServiceMaster Co., 2016 Term Loan B, (1 mo. LIBOR + 2.50%), 4.94%, 11/08/23							106				105,982
Spin Holdco, Inc., 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.85%, 11/14/22							1,378				1,349,736
TruGreen Limited Partnership, 2019 Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.19%, 03/19/26(a)							755				755,774

20

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Diversified Consumer Services (continued)
Uber Technologies, Inc.:
2018 Incremental Term Loan, (1 mo. LIBOR + 3.50%), 5.93%, 07/13/23			USD				815			$	811,330
2018 Term Loan, (1 mo. LIBOR + 4.00%, 1.00% Floor), 6.45%, 04/04/25							432				430,567
Weight Watchers International, Inc., 2017 Term Loan B, (3 mo. LIBOR + 4.75%), 7.35%, 11/29/24							404				396,008
											6,573,022
Diversified Financial Services — 0.7%
AlixPartners LLP, 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 04/04/24							1,607				1,593,353
CRCI Longhorn Holdings, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.95%, 08/08/25(a)							248				242,800
EG Finco Ltd., 2018 Term Loan, 02/07/25(o)							547				536,942
Kingpin Intermediate Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.94%, 07/03/24							671				670,219
LTI Holdings, Inc., 2018 Add On 1st Lien Term Loan, (1 mo. LIBOR + 3.50%), 5.94%, 09/06/25							273				259,350
SSH Group Holdings, Inc., 2018 1st Lien Term Loan, (2 mo. LIBOR + 4.25%), 6.83%, 07/30/25							432				427,256
Tank Holding Corp., 2019 Term Loan B, (1 mo. LIBOR + 4.00%), 6.68%, 03/26/26							345				345,604
											4,075,524
Diversified Telecommunication Services — 1.3%
CenturyLink, Inc.:
2017 Term Loan A, (1 mo. LIBOR + 2.75%), 5.19%, 11/01/22							507				505,203
2017 Term Loan B, (1 mo. LIBOR + 2.75%), 5.19%, 01/31/25							943				916,056
Consolidated Communications, Inc., 2016 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.44%, 10/04/23							137				133,703
Hargray Communications Group, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 05/16/24							613				606,943
Level 3 Financing, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.69%, 02/22/24							839				825,212
MTN Infrastructure TopCo, Inc, 1st Lien Term Loan B, 11/15/24(o)							862				854,518

Security						Par (000)				Value
Diversified Telecommunication Services (continued)
Sprint Communications, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 2.50%), 5.00%, 02/02/24			USD				1,083			$	1,058,148
TDC A/S, Term Loan, (EURIBOR + 2.75%), 2.75%, 06/04/25			EUR				820				914,992
Telenet Financing USD LLC, Term Loan AN, (1 mo. LIBOR + 2.25%), 4.69%, 08/15/26			USD				991				977,058
Zayo Group LLC:
2017 Incremental Term Loan, (1 mo. LIBOR + 2.25%, 1.00% Floor), 4.69%, 01/19/24							95				94,905
2017 Term Loan B1, (1 mo. LIBOR + 2.00%), 4.44%, 01/19/21							763				762,988
											7,649,726
Electric Utilities — 0.3%
Dayton Power & Light Co., Term Loan B, (1 mo. LIBOR + 2.00%), 4.43%, 08/24/22							238				237,447
TEX Operations Co. LLC, Exit Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 08/04/23							644				641,718
Texas Competitive Electric Holdings Co. LLC/TCEH Finance, Inc., Term Loan, 1.00%, 11/10/19(a)							780				—
Vistra Energy Corp., 1st Lien Term Loan B3, (1 mo. LIBOR + 2.00%), 4.43%, 12/31/25							648				645,584
Vistra Operations Co. LLC, 2016 Term Loan B2, (1 mo. LIBOR + 2.25%), 4.69%, 12/14/23							151				150,198
											1,674,947
Electrical Equipment — 0.3%
Gates Global LLC, 2017 Repriced Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 04/01/24							1,614				1,601,315
Sirius Computer Solutions, Inc., 2019 Term Loan B, 05/20/26(o)							262				261,672
											1,862,987
Electronic Equipment, Instruments & Components — 0.0%
Zebra Technologies Corporation, 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 4.23%, 10/27/21							125				125,030
Energy Equipment & Services — 0.2%
Gavilan Resources LLC, 2nd Lien Term Loan, (1 mo. LIBOR + 6.00%, 1.00% Floor), 8.43%, 03/01/24(a)							327				215,543
GrafTech Finance, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.94%, 02/12/25(a)							672				666,020

21

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Energy Equipment & Services (continued)
Pioneer Energy Services Corp., Term Loan, (1 mo. LIBOR + 7.75%, 1.00% Floor), 10.18%, 11/08/22(a)			USD				260			$	261,300
Weatherford International Ltd., Term Loan, (1 mo. LIBOR + 2.30%), 4.73%, 07/13/20							279				277,726
											1,420,589
Entertainment — 0.1%
PCI Gaming Authority, Term Loan, 05/15/26(o)							635				634,977
Equity Real Estate Investment Trusts (REITs) — 0.8%
Capital Automotive LP, 2017 1st Lien Term Loan, (1 mo. LIBOR + 2.50%, 1.00% Floor), 4.94%, 03/24/24							244				241,187
Iron Mountain, Inc., 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 4.19%, 01/02/26							686				662,817
MGM Growth Properties Operating Partnership LP, 2016 Term Loan B, (1 mo. LIBOR + 1.75%), 4.44%, 03/21/25							1,357				1,345,664
RHP Hotel Properties LP, 2017 Term Loan B, (3 mo. LIBOR + 2.00%), 4.61%, 05/11/24							452				449,554
VICI Properties 1 LLC, Replacement Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 12/20/24							1,873				1,856,599
											4,555,821
Food & Staples Retailing — 0.6%
Albertsons LLC, Term Loan B7, (1 mo. LIBOR + 3.00%), 5.44%, 11/17/25							677				672,181
Hearthside Food Solutions LLC:
2018 Incremental Term Loan, (1 mo. LIBOR + 4.00%), 6.44%, 05/23/25							548				540,097
2018 Term Loan B, (1 mo. LIBOR + 3.68%), 6.13%, 05/23/25							272				265,636
Hostess Brands LLC, 2017 Repriced Term Loan, (3 mo. LIBOR + 2.25%), 4.77%, 08/03/22							1,091				1,080,487
US Foods, Inc., 2016 Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 06/27/23							1,065				1,053,916
											3,612,317
Food Products — 0.8%
8th Avenue Food & Provisions, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.22%, 10/01/25							237				237,035

Security						Par (000)				Value
Food Products (continued)
Chobani LLC, 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.94%, 10/10/23			USD				831			$	812,849
JBS USA LUX SA, 2019 Term Loan B, (2 mo. LIBOR + 2.50%), 5.03%, 05/01/26							768				765,919
Post Holdings, Inc., 2017 Series A Incremental Term Loan, (1 mo. LIBOR + 2.00%), 4.44%, 05/24/24							532				529,490
Reynolds Group Holdings, Inc., 2017 Term Loan, (1 mo. LIBOR + 2.75%), 5.19%, 02/05/23							2,152				2,131,304
											4,476,597
Gas Utilities — 0.1%
AL Midcoast Holdings LLC, 2018 Term Loan B, (3 mo. LIBOR + 5.50%), 8.10%, 07/31/25							590				590,715
Health Care Equipment & Supplies — 0.5%
Agiliti Health, Inc., Term Loan, (1 mo. LIBOR + 3.00%), 5.50%, 01/04/26(a)							263				262,014
Immucor, Inc., Extended Term Loan B, (3 mo. LIBOR + 5.00%, 1.00% Floor), 7.60%, 06/15/21							1,359				1,351,823
Mallinckrodt International Finance SA, Term Loan B, (3 mo. LIBOR + 2.75%), 5.35%, 09/24/24							267				234,829
Orchid Orthopedic Solutions LLC, 1st Lien Term Loan, (1 mo. LIBOR + 4.50%), 7.10%, 02/26/26							218				219,090
Ortho-Clinical Diagnostics SA, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 5.70%, 06/30/25							1,107				1,068,326
											3,136,082
Health Care Providers & Services — 2.1%
AHP Health Partners, Inc., 2018 Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.94%, 06/30/25							258				258,050
CHG Healthcare Services, Inc., 2017 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.44%, 06/07/23							1,393				1,387,900
Concentra, Inc.:
2018 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 5.22%, 06/01/22(a)							540				535,683
2018 2nd Lien Term Loan, (1 mo. LIBOR + 6.50%, 1.00% Floor), 8.97%, 06/01/23							624				627,117

22

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Health Care Providers & Services (continued)
DaVita HealthCare Partners, Inc., Term Loan B, (1 mo. LIBOR + 2.75%), 5.19%, 06/24/21			USD				121			$	121,032
DentalCorp Perfect Smile ULC:
1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.19%, 06/06/25							289				285,849
Delayed Draw Term Loan, (UNFND + 3.75%), 5.54%, 06/06/25							53				52,657
Diplomat Pharmacy, Inc., 2017 Term Loan B, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.94%, 12/20/24							372				340,861
Envision Healthcare Corp., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.19%, 10/10/25							888				805,802
Gentiva Health Services, Inc.:
2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.25%, 07/02/25							553				552,844
2018 2nd Lien Term Loan, (1 mo. LIBOR + 7.00%), 9.50%, 07/02/26							126				127,551
HC Group Holdings II, Inc., Term Loan B, 05/21/26(a)(o)							679				673,907
HC Group Holdings III, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.75%), 6.19%, 04/07/22							824				820,866
HCA, Inc., Term Loan B11, (1 mo. LIBOR + 1.75%), 4.19%, 03/17/23							773				772,340
MPH Acquisition Holdings LLC, 2016 Term Loan B, (3 mo. LIBOR + 2.75%, 1.00% Floor), 5.35%, 06/07/23							1,460				1,426,246
nThrive, Inc., 2016 1st Lien Term Loan, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.94%, 10/20/22							968				935,271
NVA Holdings, Inc., Term Loan B3, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 02/02/25							808				780,448
Radiology Partners, Inc., 2018 1st Lien Term Loan B, 07/09/25(o)							194				193,867
ScribeAmerica Intermediate Holdco LLC, 2018 Term Loan, (1 mo. LIBOR + 4.50%), 6.97%, 04/03/25							256				252,832
Sotera Health Holdings LLC, 2017 Term Loan, 05/15/22(o)							680				672,989
Team Health Holdings, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 02/06/24							539				485,088
Vizient, Inc., 2019 Term Loan B, (1 mo. LIBOR + 2.75%), 5.22%, 04/16/26							301				300,211

Security						Par (000)				Value
Health Care Providers & Services (continued)
WP CityMD Bidco LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 3.50%, 1.00% Floor), 6.10%, 06/07/24			USD				252			$	247,863
											12,657,274
Health Care Services — 0.1%
Sound Inpatient Physicians:
2018 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 5.19%, 06/27/25							224				223,605
2018 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%), 9.19%, 06/26/26							123				122,385
											345,990
Health Care Technology — 0.6%
Athenahealth, Inc., 2019 Term Loan B, (1 mo. LIBOR + 4.50%), 7.04%, 02/11/26							1,616				1,612,639
Change Healthcare Holdings, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 03/01/24							947				931,769
GoodRx, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.44%, 10/10/25							397				394,916
Press Ganey Holdings, Inc.:
2018 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor) 5.19%, 10/23/23							757				751,682
2nd Lien Term Loan, (1 mo. LIBOR + 6.50%, 1.00% Floor) 8.94%, 10/21/24							144				143,331
											3,834,337
Hotels, Restaurants & Leisure — 3.0%
Aristocrat Technologies, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 1.75%), 4.34%, 10/19/24							397				392,194
Boyd Gaming Corp., Term Loan B3, (1 Week LIBOR + 2.25%), 4.64%, 09/15/23							1,282				1,274,352
Burger King Newco Unlimited Liability Co., Term Loan B3, (1 mo. LIBOR + 2.25%, 1.00% Floor), 4.69%, 02/16/24							2,184				2,155,051
Caesars Resort Collection LLC, 2017 1st Lien Term Loan B, (1 mo. LIBOR + 2.75%), 5.19%, 12/22/24							1,597				1,584,071
CCM Merger, Inc., Term Loan B, (1 mo. LIBOR + 2.25%), 4.69%, 08/08/21							467				466,236
CEC Entertainment, Inc., Term Loan B, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 02/14/21							558				553,886

23

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Hotels, Restaurants & Leisure (continued)
ESH Hospitality, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 08/30/23			USD				864			$	860,124
Four Seasons Hotels Ltd., 1st Lien Term Loan, (1 mo. LIBOR + 2.00%), 4.44%, 11/30/23							1,030				1,024,281
Gateway Casinos & Entertainment Ltd., 2018 Term Loan B, (3 mo. LIBOR + 3.00%), 5.60%, 03/13/25							50				49,548
Golden Nugget LLC, 2017 Incremental Term Loan B, (1 mo. LIBOR + 2.75%), 5.19%, 10/04/23							537				533,464
GVC Holdings PLC, 2018 Term Loan, (1 mo. LIBOR + 2.25%, 1.00% Floor), 4.69%, 03/29/24							192				191,269
Hilton Worldwide Finance LLC, Term Loan B2, (1 mo. LIBOR + 1.75%), 4.18%, 10/25/23							585				583,459
IRB Holding Corp., 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 02/05/25							1,414				1,398,517
KFC Holding Co., 2018 Term Loan B, (1 mo. LIBOR + 1.75%), 4.19%, 04/03/25							507				505,598
Lakeland Tours LLC, 2017 1st Lien Term Loan B, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.61%, 12/15/24							363				361,828
Penn National Gaming, Inc., 2018 1st Lien Term Loan B, (1 mo. LIBOR + 2.25%), 4.69%, 10/15/25							198				196,381
Playa Resorts Holding BV, 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 04/29/24							384				375,274
Sabre GLBL, Inc., 2018 Term Loan B, 02/22/24(o)							992				984,870
Scientific Games International, Inc., 2018 Term Loan B5, (1 mo. LIBOR + 2.75%), 5.22%, 08/14/24							948				932,184
Stars Group Holdings BV, 2018 USD Incremental Term Loan, (3 mo. LIBOR + 3.50%), 6.10%, 07/10/25							1,872				1,870,619
Station Casinos LLC, 2016 Term Loan B, 06/08/23(o)							956				948,060
Wyndham Hotels & Resorts, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 4.19%, 05/30/25							587				583,949

Security						Par (000)				Value
Hotels, Restaurants & Leisure (continued)
Wynn Resorts Ltd., Term Loan B, (1 mo. LIBOR + 2.25%), 4.69%, 10/30/24			USD				261			$	259,124
											18,084,339
Household Products — 0.1%
Energizer Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 4.75%, 12/17/25							229				227,991
Mastronardi Produce Ltd., Term Loan B, (1 mo. LIBOR + 3.25%), 5.69%, 05/01/25							189				187,397
SIWF Holdings, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 4.25%), 6.68%, 06/15/25(a)							412				395,412
											810,800
Independent Power and Renewable Electricity Producers — 0.4%
AES Corp., 2018 Term Loan B, (3 mo. LIBOR + 1.75%), 4.27%, 05/31/22							403				401,799
Calpine Construction Finance Co. LP, 2017 Term Loan B, (1 mo. LIBOR + 2.50%), 4.94%, 01/15/25							806				798,548
Calpine Corp.:
Term Loan B7, (3 mo. LIBOR + 2.50%), 5.11%, 05/31/23							254				251,424
Term Loan B9, (3 mo. LIBOR + 2.75%), 5.34%, 04/05/26							276				274,465
EIF Channelview Cogeneration LLC, 2018 Term Loan B, (1 mo. LIBOR + 4.25%, 1.00% Floor), 6.69%, 05/03/25							136				137,187
Granite Acquisition, Inc.:
Term Loan B, (3 mo. LIBOR + 3.50%, 1.00% Floor) 6.09%, 12/19/21							666				665,477
Term Loan C, (3 mo. LIBOR + 3.50%, 1.00% Floor) 6.10%, 12/19/21							85				85,272
											2,614,172
Industrial Conglomerates — 0.4%
Cortes NP Acquisition Corp., 2017 Term Loan B, (1 mo. LIBOR + 4.00%, 1.00% Floor), 6.44%, 11/30/23(a)							1,262				1,186,453
Sequa Mezzanine Holdings LLC, 1st Lien Term Loan, (3 mo. LIBOR + 5.00%, 1.00% Floor), 7.56%, 11/28/21							686				673,596

24

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Industrial Conglomerates (continued)
Sundyne US Purchaser, Inc., Term Loan, (1 mo. LIBOR + 4.00%), 6.44%, 05/15/26(a)			USD				680			$	678,300
											2,538,349
Insurance — 1.4%
Achilles Acquisition LLC, 2018 Term Loan, (1 mo. LIBOR + 4.00%), 6.50%, 10/03/25							392				390,530
Alliant Holdings I, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.43%, 05/09/25							1,281				1,246,268
Alliant Holdings Intermediate LLC, Term Loan B, 05/09/25(o)							315				310,536
AmWINS Group, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.20%, 01/25/24							1,216				1,203,880
AssuredPartners, Inc., 2017 1st Lien Add-On Term Loan, 10/22/24(o)							959				947,261
Davis Vision, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.44%, 12/02/24							597				583,063
Hub International Ltd., 2018 Term Loan B, (2 mo. LIBOR + 3.00%), 5.59%, 04/25/25							1,102				1,072,172
Sedgwick Claims Management Services, Inc., Term Loan B, (1 mo. LIBOR + 3.25%), 5.69%, 12/31/25							2,294				2,258,873
Stratose Intermediate Holdings II LLC, 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 06/22/23							379				375,846
											8,388,429
Interactive Media & Services — 0.4%
Go Daddy Operating Co. LLC, 2017 Repriced Term Loan, (1 mo. LIBOR + 2.00%), 4.44%, 02/15/24							943				940,472
Inmar Holdings, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 4.00%, 1.00% Floor), 6.60%, 05/01/24							290				273,677
Rackspace Hosting, Inc., 2017 Incremental 1st Lien Term Loan, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.58%, 11/03/23							570				527,143

Security						Par (000)				Value
Interactive Media & Services (continued)
TierPoint LLC, 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.19%, 05/06/24			USD				371			$	343,424
											2,084,716
IT Services — 1.7%
Access CIG LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.75%), 6.19%, 02/27/25							214				212,531
Altran Technologies SA, 1st Lien Term Loan, (3 mo. LIBOR + 2.25%), 4.88%, 03/20/25							213				210,722
Epicor Software Corp., 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 06/01/22							694				690,982
Evertec Group LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%), 5.94%, 11/27/24							394				393,354
First Data Corp., 2024 Term Loan, (1 mo. LIBOR + 2.00%), 4.44%, 04/26/24							2,649				2,643,923
Flexential Intermediate Corp., 2017 1st Lien Term Loan, (3 mo. LIBOR + 3.50%), 6.10%, 08/01/24							416				384,068
Global Payments, Inc.:
2018 Term Loan B3, (1 mo. LIBOR + 1.75%), 4.19%, 04/21/23							298				298,179
2018 Term Loan B4, (1 mo. LIBOR + 1.75%), 4.19%, 10/17/25							100				99,563
Greeneden US Holdings II LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.25%), 5.69%, 12/01/23							677				669,121
Optiv Security, Inc., 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 02/01/24							215				199,828
Peak 10 Holding Corp., 2nd Lien Term Loan, (3 mo. LIBOR + 7.25%, 1.00% Floor), 9.83%, 08/01/25							408				338,640
TKC Holdings, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.75%, 1.00% Floor), 6.19%, 02/01/23							270				267,510
Trans Union LLC:
2018 Term Loan B4, (1 mo. LIBOR + 2.00%), 4.44%, 06/19/25							167				166,145
Term Loan B3, (1 mo. LIBOR + 2.00%), 4.44%, 04/10/23							1,292				1,287,890
WEX, Inc., Term Loan B3, 05/15/26(o)							1,619				1,606,321

25

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
IT Services (continued)
Worldpay LLC, 2018 1st Lien Term Loan B4, (1 Week LIBOR + 1.75%), 4.17%, 08/09/24			USD				665			$	664,586
											10,133,363
Life Sciences Tools & Services — 0.1%
Albany Molecular Research, Inc.:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor) 5.69%, 08/30/24							178				173,305
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.00%, 1.00% Floor) 9.44%, 08/30/25							130				128,700
											302,005
Machinery — 0.7%
Clark Equipment Co., 2018 Term Loan B, (3 mo. LIBOR + 2.00%), 4.60%, 05/18/24							278				275,084
Columbus McKinnon Corp., 2018 Term Loan B, (3 mo. LIBOR + 2.50%, 1.00% Floor), 5.10%, 01/31/24							71				70,664
Gardner Denver, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.75%), 5.19%, 07/30/24							781				780,724
Infiltrator Systems, Inc., 2017 1st Lien Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.60%, 05/27/22							748				742,568
Terex Corp., 2019 Term Loan B1, (1 mo. LIBOR + 2.75%), 5.19%, 01/31/24							117				116,928
Titan Acquisition Ltd., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.44%, 03/28/25							1,639				1,572,271
Welbilt, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.50%), 4.94%, 10/23/25							330				325,941
											3,884,180
Media — 2.9%
Altice Financing SA, 2017 1st Lien Term Loan, (1 mo. LIBOR + 2.75%), 5.18%, 01/31/26							82				78,546
Altice France SA, 2018 Term Loan B13, (1 mo. LIBOR + 4.00%), 6.44%, 08/14/26							1,159				1,125,352
Cable One, Inc., 2017 Term Loan B, (1 mo. LIBOR + 1.75%), 4.19%, 05/01/24							255				253,534
Charter Communications Operating LLC, 2017 Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 04/30/25							1,492				1,488,855

Security						Par (000)				Value
Media (continued)
CSC Holdings LLC:
2017 1st Lien Term Loan, (1 mo. LIBOR + 2.25%), 4.69%, 07/17/25			USD				460			$	450,131
2018 Term Loan B, (1 mo. LIBOR + 2.50%), 4.94%, 01/25/26							455				449,707
Cumulus Media New Holdings, Inc., Exit Term Loan, 05/15/22(o)							489				486,739
EW Scripps Co., Incremental Term Loan B, (1 mo. LIBOR + 2.75%), 5.24%, 04/04/26							351				349,905
Gray Television, Inc.:
2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.73%, 02/07/24							469				465,026
2018 Term Loan C, (1 mo. LIBOR + 2.50%), 4.98%, 01/02/26							553				549,764
iHeartCommunications, Inc., Exit Term Loan, 05/01/26(o)							949				949,679
Intelsat Jackson Holdings SA, 2017 Term Loan B4, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.93%, 01/02/24							627				626,255
Learfield Communications LLC, 2016 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.69%, 12/01/23							787				783,602
Lions Gate Capital Holdings LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 4.69%, 03/24/25							411				407,591
Meredith Corp., 2018 Term Loan B, (PRIME + 1.75%), 5.19%, 01/31/25							273				252,067
Numericable Group SA, Term Loan B12, (1 mo. LIBOR + 3.68%), 6.13%, 01/31/26							254				244,145
PSAV Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.77%, 03/01/25							549				533,911
Radiate Holdco LLC, 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.44%, 02/01/24							790				777,525
Trader Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.43%, 09/28/23							1,292				1,287,497
Tribune Media Co., Term Loan C, (1 mo. LIBOR + 3.00%), 5.44%, 01/27/24							1,222				1,219,983
Unitymedia Finance LLC:
Term Loan B, (1 mo. LIBOR + 2.25%), 4.69%, 09/30/25							691				687,158
USD Term Loan D, (1 mo. LIBOR + 2.25%), 4.69%, 01/15/26							115				114,263
Unitymedia Hessen GmbH & Co. KG, 2018 Term Loan E, (1 mo. LIBOR + 2.00%), 4.44%, 06/01/23							612				609,339

26

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Media (continued)
Univision Communications, Inc., Term Loan C5, (1 mo. LIBOR + 2.75%, 1.00% Floor), 5.19%, 03/15/24			USD				371			$	351,152
Virgin Media Bristol LLC, 2017 Term Loan, (1 mo. LIBOR + 2.50%), 4.94%, 01/15/26							945				935,909
William Morris Endeavor Entertainment LLC, 2018 1st Lien Term Loan, (3 mo. LIBOR + 2.75%), 5.36%, 05/18/25							1,226				1,186,372
Ziggo Secured Finance Partnership, Term Loan E, (1 mo. LIBOR + 2.50%), 4.94%, 04/15/25							824				803,048
											17,467,055
Metals & Mining — 0.2%
Ball Metalpack LLC, 2018 1st Lien Term Loan B, (3 mo. LIBOR + 4.50%), 7.02%, 07/24/25							289				288,706
Equinox Holdings, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.44%, 03/08/24							675				671,977
											960,683
Multiline Retail — 0.2%
Harbor Freight Tools USA, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.50%), 4.94%, 08/18/23							460				445,689
Hudson’s Bay Co., 2015 Term Loan B, (2 mo. LIBOR + 3.25%, 1.00% Floor), 5.81%, 09/30/22							627				616,955
Neiman Marcus Group Ltd. LLC, 2020 Term Loan, (1 mo. LIBOR + 3.25%, 1.00% Floor), 5.72%, 10/25/20							443				398,162
											1,460,806
Oil & Gas Equipment & Services — 0.1%
McDermott Technology Americas, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 5.00%, 1.00% Floor), 7.44%, 05/10/25							551				534,376
Oil, Gas & Consumable Fuels — 0.4%
BCP Raptor II LLC, 1st Lien Term Loan, (1 mo. LIBOR + 4.75%), 7.19%, 11/03/25							279				269,932
California Resources Corp., Second Out Term Loan, (1 mo. LIBOR + 10.37%, 1.00% Floor), 12.80%, 12/31/21							583				586,710
CONSOL Energy, Inc., 1st Lien Term Loan B, (1 mo. LIBOR + 4.50%, 1.00% Floor), 6.94%, 09/27/24							393				390,379
Edgewater Generation LLC:
Add on Term Loan B, 12/13/25(a)(o)							185				184,306

Security						Par (000)				Value
Oil, Gas & Consumable Fuels (continued)
Term Loan, (1 mo. LIBOR + 3.75%), 6.19%, 12/13/25			USD				269			$	268,854
EG Group Ltd., 2018 Term Loan B, (3 mo. LIBOR + 4.00%), 6.60%, 02/07/25							252				247,611
MEG Energy Corp., 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.94%, 12/31/23							135				134,423
											2,082,215
Personal Products — 0.1%
Prestige Brands, Inc., Term Loan B4, (1 mo. LIBOR + 2.00%), 4.44%, 01/26/24							520				515,334
Pharmaceuticals — 1.3%
Amneal Pharmaceuticals LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.50%), 6.00%, 05/04/25							946				937,382
Catalent Pharma Solutions, Inc., Incremental Term Loan B, (1 mo. LIBOR + 2.25%), 4.68%, 05/18/26							568				566,819
Endo Luxembourg Finance Co. I Sarl, 2017 Term Loan B, (1 mo. LIBOR + 4.25%), 6.75%, 04/29/24							1,087				1,046,679
Grifols Worldwide Operations USA, Inc., 2017 Acquisition Term Loan, (1 Week LIBOR + 2.25%), 4.64%, 01/31/25							1,162				1,155,646
Jaguar Holding Co. II, 2018 Term Loan, (1 mo. LIBOR + 2.50%, 1.00% Floor), 4.94%, 08/18/22							1,881				1,858,402
Valeant Pharmaceuticals International, Inc., 2018 Term Loan B, (1 mo. LIBOR + 3.00%), 5.47%, 06/02/25							2,209				2,200,889
											7,765,817
Professional Services — 0.5%
Cast and Crew Payroll LLC, 2019 1st Lien Term Loan, (1 mo. LIBOR + 4.00%), 6.44%, 02/09/26							661				664,140
Dun & Bradstreet Corp., Term Loan, (1 mo. LIBOR + 5.00%), 7.43%, 02/01/26							1,356				1,352,610
Information Resources, Inc., 2018 1st Lien Term Loan, (3 mo. LIBOR + 4.50%), 7.02%, 12/01/25							202				198,914
ON Assignment, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 04/02/25							402				400,519

27

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Professional Services (continued)
SIRVA Worldwide, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 5.50%), 7.98%, 08/04/25(a)			USD				409			$	402,260
											3,018,443
Real Estate Management & Development — 0.7%
CityCenter Holdings LLC, 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.69%, 04/18/24							1,612				1,595,495
DTZ US Borrower LLC, 2018 Add On Term Loan B, (1 mo. LIBOR + 3.25%), 5.69%, 08/21/25							1,057				1,053,055
Forest City Enterprises LP, Term Loan B, (1 mo. LIBOR + 4.00%), 6.44%, 12/07/25							786				787,665
Realogy Corp., 2018 Term Loan B, (1 mo. LIBOR + 2.25%), 4.69%, 02/08/25							268				254,991
SMG Holdings, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%), 5.44%, 01/23/25							386				382,568
											4,073,774
Road & Rail — 0.0%
Road Infrastructure Investment LLC, 2016 1st Lien Term Loan, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.94%, 06/13/23							138				122,056
Semiconductors & Semiconductor Equipment — 0.1%
Cabot Microelectronics Corporation, Term Loan B, (1 mo. LIBOR + 2.25%), 4.75%, 11/14/25							479				477,712
Microchip Technology, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 05/29/25							350				348,246
											825,958
Software — 5.2%
Applied Systems, Inc.:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor) 5.44%, 09/19/24							942				936,327
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.00%, 1.00% Floor) 9.44%, 09/19/25							160				160,615
BMC Software Finance, Inc., 2017 Term Loan, (3 mo. LIBOR + 4.25%), 6.85%, 10/02/25							952				934,192

Security						Par (000)				Value
Software (continued)
Cypress Intermediate Holdings III, Inc.:
2017 1st Lien Term Loan, (1 mo. LIBOR + 2.75%, 1.00% Floor) 5.19%, 04/26/24			USD				567			$	563,772
2017 2nd Lien Term Loan, (1 mo. LIBOR + 6.75%, 1.00% Floor) 9.19%, 04/27/25							248				248,930
Dell, Inc., 2017 1st Lien Term Loan, (1 mo. LIBOR + 2.00%), 4.44%, 09/07/23							1,195				1,188,140
Digicel International Finance Ltd., 2017 Term Loan B, (3 mo. LIBOR + 3.25%), 5.78%, 05/28/24							503				450,493
DTI Holdco, Inc., 2018 Term Loan B, (2 mo. LIBOR + 4.75%, 1.00% Floor), 7.33%, 09/30/23							499				461,115
Financial & Risk US Holdings, Inc., 2018 USD Term Loan, (1 mo. LIBOR + 3.75%), 6.19%, 10/01/25							3,433				3,344,133
Infor (US), Inc., Term Loan B6, 02/01/22(o)							2,721				2,709,079
Informatica Corp., 2018 Term Loan, (1 mo. LIBOR + 3.25%), 5.69%, 08/05/22							1,547				1,545,067
Kronos, Inc.:
2017 Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor) 5.58%, 11/01/23							1,772				1,766,528
2nd Lien Term Loan, (3 mo. LIBOR + 8.25%, 1.00% Floor) 10.83%, 11/01/24							615				632,681
McAfee LLC, 2018 Term Loan B, (1 mo. LIBOR + 3.75%), 6.18%, 09/30/24							1,434				1,431,424
Mitchell International, Inc.:
2017 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.69%, 11/29/24							1,368				1,303,414
2017 2nd Lien Term Loan, (1 mo. LIBOR + 7.25%), 9.69%, 12/01/25							267				257,112
Renaissance Holding Corp., 2018 Add On Term Loan, (2 mo. LIBOR + 3.25%), 5.73%, 05/30/25							238				232,941
RP Crown Parent LLC, 2016 Term Loan B, 10/12/23(o)							549				544,606
Severin Acquisition LLC, 2018 Term Loan B, (3 mo. LIBOR + 3.25%), 5.82%, 08/01/25(a)							410				403,823
SolarWinds Holdings, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.75%), 5.19%, 02/05/24							1,617				1,602,795

28

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Software (continued)
Solera LLC, Term Loan B, (1 mo. LIBOR + 2.75%), 5.19%, 03/03/23			USD				1,874			$	1,859,444
Sophia LP, 2017 Term Loan B, (3 mo. LIBOR + 3.25%, 1.00% Floor), 5.85%, 09/30/22							1,648				1,637,333
SS&C Technologies Holdings Europe Sarl, 2018 Term Loan B4, (1 mo. LIBOR + 2.25%), 4.69%, 04/16/25							551				547,401
SS&C Technologies, Inc.:
2017 Term Loan B1, (1 mo. LIBOR + 2.25%), 4.69%, 07/08/22							817				815,236
2018 Term Loan B3, (1 mo. LIBOR + 2.25%), 4.69%, 04/16/25							786				780,946
2018 Term Loan B5, (1 mo. LIBOR + 2.25%), 4.69%, 04/16/25							881				875,618
Tempo Acquisition LLC, Term Loan, (1 mo. LIBOR + 3.00%), 5.44%, 05/01/24							930				924,754
Tibco Software, Inc., Repriced Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.94%, 12/04/20							1,456				1,452,931
Ultimate Software Group, Inc., Term Loan B, (3 mo. LIBOR + 3.75%), 6.27%, 05/04/26							1,015				1,015,000
Vertafore, Inc., 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.25%), 5.69%, 07/02/25							629				605,008
											31,230,858
Specialty Retail — 0.6%
Belron Finance US LLC:
5.07%, 11/07/24							752				750,127
5.04%, 11/13/25							186				185,071
CD&R Firefly Bidco Ltd., 2018 GBP Term Loan B1, (LIBOR - GBP + 4.25%), 5.07%, 06/23/25			GBP				1,000				1,259,332
IAA Spinco, Inc., Term Loan B, 05/22/26(a)(o)			USD				296				296,906
Leslie’s Poolmart, Inc., 2018 Term Loan, (2 mo. LIBOR + 3.50%, 1.00% Floor), 5.98%, 08/16/23							532				515,081
Midas Intermediate Holdco II LLC, Incremental Term Loan B, 08/18/21(a)(o)							298				288,921

Security						Par (000)				Value
Specialty Retail (continued)
Research Now Group, Inc., 2017 1st Lien Term Loan, (3 mo. LIBOR + 5.50%, 1.00% Floor), 8.08%, 12/20/24			USD				390			$	387,527
											3,682,965
Technology Hardware, Storage & Peripherals — 0.3%
Western Digital Corp., 2018 Term Loan B4, (3 mo. LIBOR + 1.75%), 4.19%, 04/29/23(a)							1,561				1,514,390
Textiles, Apparel & Luxury Goods — 0.1%
Ascend Performance Materials Operations LLC, Term Loan B, (2 mo. LIBOR + 5.25%, 1.00% Floor), 7.79%, 08/12/22							699				698,145
Varsity Brands, Inc., 2017 Term Loan B, (1 mo. LIBOR + 3.50%, 1.00% Floor), 5.94%, 12/15/24							163				160,046
											858,191
Thrifts & Mortgage Finance — 0.2%
IG Investment Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 4.00%, 1.00% Floor), 6.50%, 05/23/25							1,264				1,255,703
Trading Companies & Distributors — 0.3%
Beacon Roofing Supply, Inc., 2017 Term Loan B, (1 mo. LIBOR + 2.25%), 4.70%, 01/02/25							484				478,591
HD Supply, Inc., Term Loan B5, (1 mo. LIBOR + 1.75%), 4.19%, 10/17/23							1,074				1,071,960
Oxbow Carbon LLC, 2017 1st Lien Term Loan B, (1 mo. LIBOR + 3.75%), 6.19%, 01/04/23							141				140,625
United Rentals, Inc., Term Loan B, (1 mo. LIBOR + 1.75%), 4.19%, 10/31/25							105				104,667
											1,795,843
Transportation — 0.1%
Gruden Acquisition, Inc., 2017 Term Loan, (3 mo. LIBOR + 5.50%, 1.00% Floor), 8.10%, 08/18/22(a)							159				157,953

29

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Transportation (continued)
Safe Fleet Holdings LLC, 2018 1st Lien Term Loan, (1 mo. LIBOR + 3.00%, 1.00% Floor), 5.47%, 02/01/25			USD				271			$	262,631
											420,584
Utilities — 0.0%
ExGen Renewables IV LLC, Term Loan B, (3 mo. LIBOR + 3.00%, 1.00% Floor), 5.53%, 11/28/24							211				199,881
Wireless Telecommunication Services — 0.3%
Geo Group, Inc., 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.43%, 03/22/24							638				612,833
Ligado Networks LLC:
2015 2nd Lien Term Loan, 0.00%, 12/07/20							42				10,498
PIK Exit Term Loan (9.75% PIK), 0.00%, 12/07/20(h)							667				488,611
SBA Senior Finance II LLC, 2018 Term Loan B, (1 mo. LIBOR + 2.00%), 4.44%, 04/11/25							934				919,607
											2,031,549
Total Floating Rate Loan Interests — 40.7% (Cost — $246,399,275)											243,413,322
Foreign Agency Obligations — 2.6%
Colombia Government International Bond:
8.13%, 05/21/24							238				288,388
4.50%, 01/28/26(g)							236				248,626
3.88%, 04/25/27							419				424,656
Cyprus Government International Bond, 4.63%, 02/03/20(c)			EUR				2,600				2,994,574
Egypt Government International Bond, 5.75%, 04/29/20			USD				882				891,922
Iceland Government International Bond, 5.88%, 05/11/22(g)							3,030				3,338,407
Indonesia Government International Bond:
4.75%, 01/08/26							395				419,844
5.35%, 02/11/49							200				225,225
Indonesia Treasury Bond, 6.13%, 05/15/28			IDR				6,090,000				374,574
Mexico Government International Bond, 4.15%, 03/28/27			USD				210				214,200
Nigeria Government International Bond, 7.63%, 11/21/25(g)							200				209,250
Portugal Government International Bond, 5.13%, 10/15/24(c)							3,190				3,519,591

Security						Par (000)				Value
Foreign Agency Obligations (continued)
Qatar Government International Bond:
4.50%, 04/23/28			USD				490			$	534,712
4.00%, 03/14/29(c)(g)							200				210,531
Republic of South Africa Government International Bond, 5.88%, 05/30/22(g)							398				424,368
Russian Foreign Bond — Eurobond:
4.75%, 05/27/26							200				209,225
4.25%, 06/23/27							200				202,400
Saudi Government International Bond:
4.50%, 04/17/30(g)							385				409,833
5.25%, 01/16/50(c)							200				220,313
Turkey Government International Bond, 6.25%, 09/26/22							200				194,073
Total Foreign Agency Obligations — 2.6% (Cost — $15,326,036)											15,554,712
						Shares
Investment Companies — 2.0%
Diversified Financial Services — 2.0%
Invesco Senior Loan ETF							540,757				12,242,739
Total Investment Companies — 2.0% (Cost — $12,364,754)											12,242,739
						Par (000)
Non-Agency Mortgage-Backed Securities — 1.6%
Collateralized Mortgage Obligations — 0.7%
Countrywide Alternative Loan Trust, Series 2005-54CB, Class 3A4, 5.50%, 11/25/35			USD				1,895				1,619,937
Countrywide Home Loan Mortgage Pass-Through Trust:
Series 2005-17, Class 1A6, 5.50%, 09/25/35							380				379,170
Series 2006-17, Class A2, 6.00%, 12/25/36(f)							1,088				849,932
Series 2007-HY5, Class 3A1, 3.80%, 09/25/37(d)							696				657,466
GSR Mortgage Loan Trust, Series 2005-AR5, Class 2A3, 4.31%, 10/25/35(d)							572				475,221
											3,981,726
Commercial Mortgage-Backed Securities — 0.9%
Banc of America Merrill Lynch Commercial Mortgage Securities Trust, Series 2015-200P, Class C, 3.60%, 04/14/33(c)(d)							4,830				4,946,383

30

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Commercial Mortgage-Backed Securities (continued)
Greenwich Capital Commercial Funding Corp. Commercial Mortgage Trust, Series 2006-GG7, Class AM, 5.66%, 07/10/38(d)			USD				395			$	396,890
											5,343,273
Total Non-Agency Mortgage-Backed Securities — 1.6% (Cost — $9,180,395)											9,324,999
						Beneficial Interest (000)
Other Interests(a)(p) — 0.0%
Auto Components — 0.0%
Lear Corp. Escrow							1,000				10
IT Services — 0.0%
Millennium Corp.(b)							918				—
Millennium Lender Claims(b)							861				—
											—
Total Other Interests — 0.0% (Cost — $—)											10
						Par (000)
Preferred Securities
Capital Trusts — 6.5%
Banks — 1.1%
Bankia SA, 6.38%(d)(k)							200				221,776
Capital One Financial Corp., Series E, 5.55%(g)(i)(k)							3,000				3,042,210
CIT Group, Inc., Series A, 5.80%(i)(k)							235				236,079
Intesa Sanpaolo SpA, 7.00%(i)(k)							200				227,005
Wells Fargo & Co.(g)(i)(k):
Series S, 5.90%							1,500				1,543,125
Series U, 5.88%							968				1,026,167
											6,296,362
Capital Markets — 1.0%
Goldman Sachs Group, Inc.(k):
Series M, 5.38%(g)(i)							1,730				1,745,137
Series P, 5.00%(d)							123				115,715
Morgan Stanley, Series H, 5.45%(g)(i)(k)							2,546				2,546,000

Security						Par (000)				Value
Capital Markets (continued)
State Street Corp., Series F, 5.25%(g)(i)(k)							1,625			$	1,661,888
											6,068,740
Diversified Financial Services — 3.5%
Bank of America Corp.(i)(k):
Series AA, 6.10%(g)							1,038				1,112,061
Series DD, 6.30%							215				235,425
Series U, 5.20%(g)							1,250				1,262,500
Series V, 5.13%							510				507,741
Series X, 6.25%(g)							1,929				2,062,101
Series Z, 6.50%							143				155,512
Credit Agricole SA, 6.50%(i)(k)							100				119,256
Credit Suisse Group AG, 6.25%(i)(k)							200				201,286
HBOS Capital Funding LP, 6.85%(k)							100				101,054
HSBC Holdings PLC,
6.00%(i)(k)							415				408,879
6.25%(d)(k)							695				694,166
JPMorgan Chase & Co.(i)(k):
Series 1, 6.05%							214				213,801
Series R, 6.00%							120				125,280
Series S, 6.75%							90				98,885
Series U, 6.13%(g)							6,690				7,056,277
Series V, 5.00%(g)							4,060				4,044,775
Royal Bank of Scotland Group PLC, 8.63%(i)(k)							200				211,000
Societe Generale SA, 6.00%(c)(g)(i)(k)							2,000				1,973,720
UniCredit SpA, 6.75%(i)(k)							200				212,642
											20,796,361
Diversified Telecommunication Services — 0.0%
Telefonica Europe BV(k):
3.75%(i)							100				115,621
4.38%(d)							100				115,290
5.88%(i)							100				124,813
											355,724

31

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security						Par (000)				Value
Electric Utilities — 0.3%
NextEra Energy Capital Holdings, Inc., 5.65%, 05/01/79(d)(g)							1,750			$	1,791,940
Electronic Equipment, Instruments & Components — 0.0%
Belden, Inc., 4.13%, 10/15/26							100				116,742
Insurance — 0.6%
Voya Financial, Inc., 5.65%, 05/15/53(g)(i)							3,500				3,543,750
Oil, Gas & Consumable Fuels — 0.0%
Naturgy Finance BV, 3.38%(d)(k)							100				112,517
Repsol International Finance BV, 4.50%, 03/25/75(i)							100				122,598
											235,115
Total Capital Trusts — 6.5% (Cost — $38,320,047)											39,204,734
						Shares
Preferred Stocks — 1.8%
Capital Markets — 1.8%
Goldman Sachs Group, Inc., Series J, 5.50%(i)(k)							202,526				5,233,272
Morgan Stanley(i)(k):
Series F, 6.88%							120,000				3,331,200
Series K, 5.85%							53,253				1,405,879
SCE Trust III, Series H, 5.75%(i)(k)							21,200				512,404
											10,482,755
Wireless Telecommunication Services — 0.0%
CF-B L2 (D) LLC, (Aquired 04/08/15, cost $131,171), 0.00%(q)							134,077				68,433
Total Preferred Stocks — 1.8% (Cost — $10,174,955)											10,551,188
Trust Preferred
Diversified Financial Services — 0.5%
GMAC Capital Trust I, Series 2, 8.30%(i)							105,753				2,730,542
Total Trust Preferreds — 0.5% (Cost — $2,686,547)											2,730,542
Total Preferred Securities — 8.8%											52,486,464

Security						Par (000)				Value
U.S. Government Sponsored Agency Securities — 4.4%
Collateralized Mortgage Obligations — 1.1%
Fannie Mae Connecticut Avenue Securities, Series 2017-C03, Class 1M2, (1 mo. LIBOR US + 3.00%), 5.43%, 10/25/29(e)			USD				1,600			$	1,681,246
Freddie Mac Mortgage-Backed Securities, Series 4480, Class ZX, 4.00%, 11/15/44							4,677				5,068,846
											6,750,092
Interest Only Collateralized Mortgage Obligations — 0.3%
Freddie Mac Mortgage-Backed Securities, Series K042, Class X1, 1.05%, 12/25/24(d)							34,131				1,704,244
Mortgage-Backed Securities — 3.0%
Fannie Mae Mortgage-Backed Securities(g):
2.50%, 10/01/28 - 06/01/32							2,614				2,617,221
3.00%, 05/01/30							14,754				14,989,443
5.00%, 07/01/20 - 08/01/23							146				149,381
											17,756,045
Total U.S. Government Sponsored Agency Securities — 4.4% (Cost — $26,161,262)											26,210,381
U.S. Treasury Obligations — 2.7%
U.S. Treasury Notes(g):
2.75%, 09/30/20							1,600				1,613,312
2.75%, 04/30/23							8,000				8,248,125
2.75%, 08/31/25							6,150				6,416,420
Total U.S. Treasury Obligations — 2.7% (Cost — $15,587,415)											16,277,857

32

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW) (Percentages shown are based on Net Assets)

Security		Shares				Value
Warrants — 0.0%
Media — 0.0%
iHeartMedia, Inc. (Expires 05/01/39)			14,604			$	240,951
Metals & Mining — 0.0%
AFGlobal Corp. (Expires 12/20/20)(a)			2,542				—
Software — 0.0%
HMH Holdings/EduMedia (Issued/exercisable 03/09/10, 19 Shares for 1 Warrant, Expires 6/22/19, Strike Price $42.27)(a)			3,100				—
Total Warrants — 0.0% (Cost — $262,888)							240,951
Total Long-Term Investments — 131.0% (Cost — $790,692,945)							784,106,601

Security		Shares				Value
Short-Term Securities — 1.6%
BlackRock Liquidity Funds, T-Fund, Institutional Class, 2.29%(r)(s)			9,559,898			$	9,559,898
Total Short-Term Securities — 1.6% (Cost — $9,559,898)							9,559,898
Total Investments — 132.6% (Cost — $800,252,843)							793,666,499
Liabilities in Excess of Other Assets — (32.6)%							(194,927,386	)
Net Assets — 100.0%						$	598,739,113

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

^(b)  Non-income producing security.

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

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

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

^(f)  When-issued security.

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

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

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

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

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

^(l)  Zero-coupon bond.

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

⁽ⁿ⁾  Convertible security.

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

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

^(q)  Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $68,433, representing 0.01% less than 0.05% of its net assets as of period end, and an original cost of $131,171.

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

^(s)  During the period ended May 31, 2019, investments in issuers considered to be an affiliate/affiliates of the Fund for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliate		Shares Held at 08/31/18				Net Activity				Shares Held at 05/31/19				Value at 05/31/19				Income				Net Realized Gain (Loss) (a)				Change in Unrealized Appreciation (Depreciation)
BlackRock Liquidity Funds, T-Fund, Institutional Class			180,494				9,379,404				9,559,898			$	9,559,898			$	130,829			$	—			$	—

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

33

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Currency Abbreviations

BRL — Brazilian Real

EUR — Euro

GBP — British Pound

MXN — Mexican Peso

NZD — New Zealand Dollar

USD — United States Dollar

Portfolio Abbreviations

ABS — Asset-Backed Security

CLO — Collateralized Loan Obligation

CR — Custodian Receipt

CRC — Costa Rican Colon

DIP — Debtor-In-Possession

ETF — Exchange-Traded Fund

EURIBOR — Euro Interbank Offered Rate

LIBOR — London Interbank Offered Rate

MSCI — Morgan Stanley Capital International

MTN — Medium-Term Note

OTC — Over-the-Counter

PIK — Payment-In-Kind

REIT — Real Estate Investment Trust

Reverse Repurchase Agreements

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

BNP Paribas S.A.

2.95

%

09/11/18

Open

$

625,669

$

671,609

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.95

09/11/18

Open

785,890

802,015

Corporate Bonds

Open/Demand

BNP Paribas S.A.

3.04

09/11/18

Open

566,010

578,149

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

453,750

462,636

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

94,500

96,351

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

334,800

341,356

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

405,638

413,581

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

925,000

943,114

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

353,438

360,359

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

368,438

375,653

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

1,378,250

1,405,240

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

1,053,675

1,074,309

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/11/18

Open

277,163

282,590

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

09/11/18

Open

1,148,213

1,172,870

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

0.95

09/13/18

Open

77,400

77,844

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.67

09/19/18

Open

246,713

251,360

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

1.00

09/19/18

Open

251,160

252,932

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.34

09/19/18

Open

776,250

789,066

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.34

09/19/18

Open

211,500

214,992

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.34

09/19/18

Open

527,250

535,955

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.34

09/19/18

Open

127,750

129,859

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.60

09/19/18

Open

566,370

576,760

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.60

09/19/18

Open

501,720

510,924

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.60

09/19/18

Open

451,350

459,630

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.60

09/19/18

Open

466,793

475,356

Corporate Bonds

Open/Demand

34

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

RBC Capital Markets, LLC

2.60

%

09/19/18

Open

$

173,470

$

176,652

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.60

09/19/18

Open

507,955

517,273

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/20/18

Open

142,740

145,452

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

09/20/18

Open

1,382,438

1,408,701

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

09/20/18

Open

903,870

922,693

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

09/20/18

Open

454,383

463,845

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

09/20/18

Open

270,443

276,074

Corporate Bonds

Open/Demand

UBS Ltd.

2.75

09/20/18

Open

3,026,213

3,082,853

Foreign Agency Obligations

Open/Demand

UBS Ltd.

2.95

09/20/18

Open

1,730,000

1,764,811

Capital Trusts

Open/Demand

UBS Ltd.

2.95

09/20/18

Open

746,250

761,266

Corporate Bonds

Open/Demand

UBS Ltd.

2.95

09/20/18

Open

250,200

255,235

Corporate Bonds

Open/Demand

UBS Ltd.

2.95

09/20/18

Open

362,780

370,080

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.63

09/25/18

Open

6,042,375

6,142,850

U.S. Treasury Obligations

Open/Demand

BNP Paribas S.A.

3.00

09/28/18

Open

1,320,335

1,346,404

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

10/09/18

Open

2,808,000

2,855,280

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

10/09/18

Open

256,000

260,310

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.90

10/09/18

Open

908,000

919,025

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.90

10/09/18

Open

417,000

424,702

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.90

10/09/18

Open

496,000

505,161

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.63

10/15/18

Open

8,010,000

8,134,106

U.S. Treasury Obligations

Open/Demand

BNP Paribas S.A.

3.04

11/02/18

Open

275,010

279,808

Corporate Bonds

Open/Demand

Deutsche Bank Securities, Inc.

3.00

11/15/18

Open

2,730,000

2,774,135

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

518,925

526,718

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

625,500

634,893

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

1,645,000

1,669,704

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

1,380,000

1,400,724

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

263,063

267,013

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

1,392,825

1,413,742

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

602,875

611,929

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

484,900

492,182

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

1,160,963

1,178,397

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

237,788

241,358

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

248,188

251,915

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

11/15/18

Open

38,500

39,078

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

11/15/18

Open

526,500

535,156

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

11/15/18

Open

497,918

506,103

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

11/15/18

Open

485,513

493,494

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

11/15/18

Open

688,188

699,501

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

11/15/18

Open

463,980

471,608

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

11/27/18

Open

516,661

524,135

Corporate Bonds

Open/Demand

35

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date  (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

HSBC Securities (USA), Inc.

2.90

%

11/27/18

Open

$

182,000

$

184,693

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.90

11/27/18

Open

839,000

851,413

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/11/18

Open

740,835

751,314

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/11/18

Open

494,400

501,510

Corporate Bonds

Open/Demand

UBS Ltd.

2.95

12/12/18

Open

250,583

254,048

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

12/13/18

Open

358,463

363,124

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.90

12/13/18

Open

670,250

679,311

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/13/18

Open

591,275

599,685

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/13/18

Open

399,263

404,941

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/13/18

Open

568,500

576,586

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/13/18

Open

725,220

735,535

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.70

12/14/18

Open

101,640

102,449

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.00

12/14/18

Open

403,705

404,110

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.75

12/14/18

Open

2,119,500

2,146,212

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

551,700

559,289

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

399,758

405,256

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

403,124

408,669

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

636,334

645,087

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

368,873

373,947

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

640,888

649,703

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

624,025

632,609

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

436,500

442,504

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

483,863

490,518

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

530,200

537,493

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

589,235

597,340

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

449,970

456,160

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/14/18

Open

442,531

448,619

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

160,000

161,943

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

3,148,000

3,186,222

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

771,000

780,361

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

866,000

876,515

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

2,522,000

2,552,621

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

185,000

187,246

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

1,357,000

1,373,476

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

6,371,000

6,448,355

Capital Trusts

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

503,000

509,107

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

12/14/18

Open

908,000

924,770

Corporate Bonds

Open/Demand

36

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

HSBC Securities (USA), Inc.

2.90

%

12/14/18

Open

$

381,000

$

386,065

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.90

12/14/18

Open

2,927,000

2,965,913

Capital Trusts

Open/Demand

BNP Paribas S.A.

2.61

12/17/18

Open

90,740

91,819

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.76

12/17/18

Open

532,738

539,438

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.90

12/17/18

Open

379,555

384,573

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.90

12/17/18

Open

2,895,000

2,933,270

Capital Trusts

Open/Demand

BNP Paribas S.A.

2.90

12/17/18

Open

1,402,500

1,421,040

Capital Trusts

Open/Demand

BNP Paribas S.A.

2.90

12/17/18

Open

669,120

677,965

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.95

12/17/18

Open

958,073

970,957

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.95

12/17/18

Open

158,340

160,469

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.97

12/17/18

Open

485,513

492,086

Corporate Bonds

Open/Demand

BNP Paribas S.A.

3.04

12/17/18

Open

942,500

955,645

Corporate Bonds

Open/Demand

BNP Paribas S.A.

3.04

12/17/18

Open

541,020

548,565

Corporate Bonds

Open/Demand

BNP Paribas S.A.

3.04

12/17/18

Open

431,011

437,022

Corporate Bonds

Open/Demand

BNP Paribas S.A.

3.04

12/17/18

Open

949,455

962,697

Corporate Bonds

Open/Demand

BNP Paribas S.A.

3.04

12/17/18

Open

822,008

833,472

Corporate Bonds

Open/Demand

BNP Paribas S.A.

3.04

12/17/18

Open

224,131

227,257

Corporate Bonds

Open/Demand

BNP Paribas S.A.

3.04

12/17/18

Open

386,965

392,362

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/17/18

Open

1,605,900

1,628,233

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/17/18

Open

897,480

909,961

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/17/18

Open

613,575

622,108

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/17/18

Open

939,120

952,180

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/18/18

Open

847,230

858,945

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/18/18

Open

564,410

572,215

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/18/18

Open

204,980

207,814

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/18/18

Open

561,437

569,200

Corporate Bonds

Open/Demand

UBS Securities LLC

2.95

12/18/18

Open

1,944,443

1,970,593

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

12/19/18

Open

372,600

377,284

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

12/19/18

Open

149,175

151,050

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

12/20/18

Open

2,275,500

2,304,106

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

12/20/18

Open

744,590

754,827

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.00

12/21/18

Open

245,265

246,369

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

12/21/18

Open

771,210

780,893

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

12/21/18

Open

933,800

945,524

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.20

12/24/18

Open

361,600

365,069

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

12/24/18

Open

38,070

38,568

Corporate Bonds

Open/Demand

J.P. Morgan Securities LLC

0.35

01/03/19

Open

200,419

200,707

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

(2.75

)

01/08/19

Open

989,063

986,398

Capital Trusts

Open/Demand

RBC Capital Markets, LLC

3.05

01/08/19

Open

569,925

576,830

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

0.00

01/11/19

Open

166,738

166,738

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.75

01/16/19

Open

98,973

99,622

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

1.00

01/18/19

Open

192,965

193,662

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.40

01/18/19

Open

824,440

831,117

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.00

01/24/19

Open

306,094

308,253

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.50

02/12/19

Open

527,217

531,171

Capital Trusts

Open/Demand

Goldman Sachs & Co LLC

2.50

02/12/19

Open

382,826

385,697

Corporate Bonds

Open/Demand

37

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

Credit Suisse Securities (USA) LLC

2.65

%

02/26/19

Open

$

207,680

$

209,117

Foreign Agency Obligations

Open/Demand

BNP Paribas S.A.

2.89

02/28/19

Open

2,288,594

2,305,680

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.89

02/28/19

Open

5,053,894

5,091,625

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

0.75

03/04/19

Open

258,126

258,599

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.40

03/04/19

Open

242,685

244,108

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.60

03/04/19

Open

273,257

274,994

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.60

03/04/19

Open

441,559

444,366

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.60

03/04/19

Open

477,720

480,756

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.60

03/04/19

Open

659,311

663,501

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.60

03/04/19

Open

1,207,335

1,215,008

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.60

03/04/19

Open

383,152

385,587

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.60

03/04/19

Open

158,392

159,399

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

03/05/19

Open

474,881

478,324

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.50

03/11/19

Open

190,858

191,905

Foreign Agency Obligations

Open/Demand

Barclays Capital, Inc.

3.00

03/14/19

Open

262,015

263,551

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

03/15/19

Open

958,580

964,656

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

03/26/19

Open

802,710

807,267

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

03/26/19

Open

840,000

844,768

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

03/26/19

Open

968,220

973,716

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

03/26/19

Open

827,225

831,921

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

03/26/19

Open

740,020

744,221

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

03/26/19

Open

779,700

784,060

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

03/26/19

Open

691,437

695,303

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

03/29/19

Open

190,275

191,242

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.75

04/12/19

Open

1,316,875

1,321,603

Capital Trusts

Open/Demand

Barclays Capital, Inc.

2.75

04/12/19

Open

1,370,625

1,375,546

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.75

04/12/19

Open

1,552,845

1,558,420

Capital Trusts

Open/Demand

Barclays Capital, Inc.

2.75

04/12/19

Open

1,259,375

1,263,897

Capital Trusts

Open/Demand

Barclays Capital, Inc.

2.75

04/12/19

Open

2,272,050

2,280,207

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.75

04/12/19

Open

781,750

784,557

Capital Trusts

Open/Demand

Barclays Capital, Inc.

3.00

04/12/19

Open

1,181,575

1,186,203

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

04/12/19

Open

2,340,000

2,349,165

Capital Trusts

Open/Demand

Barclays Capital, Inc.

3.00

04/12/19

Open

1,089,108

1,093,373

Capital Trusts

Open/Demand

Barclays Capital, Inc.

3.00

04/12/19

Open

1,345,075

1,350,343

Capital Trusts

Open/Demand

Barclays Capital, Inc.

3.00

04/12/19

Open

1,074,663

1,078,872

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

04/12/19

Open

855,400

858,750

Capital Trusts

Open/Demand

Goldman Sachs & Co LLC

2.40

04/12/19

Open

587,205

589,045

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.40

04/12/19

Open

1,354,175

1,358,689

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

04/12/19

Open

1,485,435

1,491,350

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

04/12/19

Open

873,810

877,289

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

04/18/19

Open

130,579

131,014

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

2.79

04/23/19

Open

542,340

543,937

Corporate Bonds

Open/Demand

RBC Capital Markets, LLC

3.05

04/24/19

Open

307,440

308,404

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.90

04/29/19

Open

470,000

471,249

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

(2.00

)

05/02/19

Open

102,701

102,536

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.80

05/03/19

Open

286,878

287,458

Corporate Bonds

Open/Demand

38

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Reverse Repurchase Agreements (continued)

Counterparty

Interest Rate

Trade Date

Maturity Date (a)

Face Value

Face Value Including Accrued Interest

Type of Non-Cash Underlying Collateral

Remaining Contractual Maturity of the Agreements (a)

Credit Suisse Securities (USA) LLC

(1.00

)%

05/03/19

Open

$

153,806

$

153,695

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.60

05/03/19

Open

209,993

210,387

Corporate Bonds

Open/Demand

Credit Suisse Securities (USA) LLC

2.50

05/07/19

Open

176,500

176,794

Foreign Agency Obligations

Open/Demand

Deutsche Bank Securities, Inc.

2.58

05/09/19

6/13/19

128,000

128,174

U.S. Government Sponsored Agency Securities

Up to 60 Days

Deutsche Bank Securities, Inc.

2.58

05/09/19

6/13/19

15,000

15,020

U.S. Government Sponsored Agency Securities

Up to 60 Days

HSBC Securities (USA), Inc.

2.63

05/09/19

Open

1,614,000

1,616,557

U.S. Treasury Obligations

Open/Demand

Barclays Capital, Inc.

3.00

05/10/19

Open

1,567,500

1,569,982

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

05/13/19

Open

847,994

849,336

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

05/13/19

Open

1,004,981

1,006,572

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

05/13/19

Open

869,535

870,912

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

05/13/19

Open

892,794

894,207

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

3.00

05/13/19

Open

784,988

786,230

Capital Trusts

Open/Demand

Barclays Capital, Inc.

3.00

05/13/19

Open

496,421

497,207

Corporate Bonds

Open/Demand

Cantor & Weiss New York

2.59

05/15/19

6/18/19

2,170,000

2,172,498

U.S. Government Sponsored Agency Securities

Up to 60 Days

Cantor & Weiss New York

2.59

05/15/19

6/18/19

14,466,600

14,483,252

U.S. Government Sponsored Agency Securities

Up to 60 Days

Cantor & Weiss New York

2.59

05/15/19

6/18/19

355,721

356,130

U.S. Government Sponsored Agency Securities

Up to 60 Days

Barclays Capital, Inc.

3.00

05/15/19

Open

224,338

224,544

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

1.25

05/20/19

Open

174,440

174,507

Corporate Bonds

Open/Demand

Barclays Capital, Inc.

2.50

05/20/19

Open

106,080

106,161

Corporate Bonds

Open/Demand

Goldman Sachs & Co LLC

2.25

05/22/19

Open

401,558

401,784

Foreign Agency Obligations

Open/Demand

Goldman Sachs & Co LLC

2.25

05/22/19

Open

386,401

386,619

Foreign Agency Obligations

Open/Demand

BNP Paribas S.A.

2.77

05/24/19

Open

211,255

211,385

Corporate Bonds

Open/Demand

HSBC Securities (USA), Inc.

2.65

05/24/19

Open

812,000

812,478

Corporate Bonds

Open/Demand

BNP Paribas S.A.

2.95

05/29/19

Open

137,157

137,215

Corporate Bonds

Open/Demand

$

193,428,380

$

195,524,593

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

39

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

Description		Number of Contracts				Expiration Date				Notional Amount (000)				Value/ Unrealized Appreciation (Depreciation)
Long Contracts:
Euro Stoxx 600 Index			1				06/21/19			$	7			$	(220	)
10-Year U.S. Ultra Long Treasury Note			13				09/19/19				1,775				11,959
Ultra Long U.S. Treasury Bond			22				09/19/19				3,867				83,578
5-Year U.S. Treasury Note			602				09/30/19				70,655				586,401
															681,718
Short Contracts:
Euro Bund			1				06/06/19				188				(6,179	)
10-Year U.S. Treasury Note			13				09/19/19				1,648				(12,749	)
Long U.S. Treasury Bond			17				09/19/19				2,613				(39,783	)
Long Gilt			1				09/26/19				164				(974	)
2-Year U.S. Treasury Note			519				09/30/19				111,415				(329,745	)
															(389,430	)
														$	292,288

Forward Foreign Currency Exchange Contracts

Currency Purchased						Currency Sold						Counterparty		Settlement Date				Unrealized Appreciation (Depreciation)
EUR			7,325,000			USD			8,158,585			Citibank N.A.			06/05/19			$	25,208
EUR			859,000			USD			957,605			HSBC Bank USA N.A.			06/05/19				2,106
EUR			4,102,000			USD			4,572,869			HSBC Bank USA N.A.			06/05/19				10,055
GBP			1,116,000			USD			1,409,954			Citibank N.A.			06/05/19				1,018
GBP			934,000			USD			1,174,505			JPMorgan Chase Bank N.A.			06/05/19				6,363
GBP			5,440,000			USD			6,840,800			JPMorgan Chase Bank N.A.			06/05/19				37,060
NZD			86,000			USD			55,924			Australia and New Zealand Bank Group			06/05/19				337
USD			12,264,479			EUR			10,946,000			Citibank N.A.			06/05/19				35,155
USD			4,642,621			EUR			4,126,000			HSBC Bank USA N.A.			06/05/19				32,883
USD			967,695			EUR			860,000			State Street Bank and Trust Co.			06/05/19				6,867
USD			1,850,135			GBP			1,427,000			Citibank N.A.			06/05/19				45,961
USD			7,119,387			GBP			5,440,000			Citibank N.A.			06/05/19				241,527
USD			1,222,369			GBP			934,000			State Street Bank and Trust Co.			06/05/19				41,501
USD			535,945			MXN			10,254,000			Goldman Sachs International			06/05/19				12,840
USD			57,256			NZD			86,000			State Street Bank and Trust Co.			06/05/19				995
																			499,876
EUR			3,621,000			USD			4,064,120			Citibank N.A.			06/05/19				(18,589	)
GBP			311,000			USD			400,177			Citibank N.A.			06/05/19				(6,976	)
USD			8,178,231			EUR			7,325,000			Citibank N.A.			07/03/19				(25,089	)
USD			959,896			EUR			859,000			HSBC Bank USA N.A.			07/03/19				(2,104	)
USD			4,583,813			EUR			4,102,000			HSBC Bank USA N.A.			07/03/19				(10,046	)
USD			1,412,047			GBP			1,116,000			Citibank N.A.			07/03/19				(983	)
USD			1,176,235			GBP			934,000			JPMorgan Chase Bank N.A.			07/03/19				(6,355	)
USD			6,850,875			GBP			5,440,000			JPMorgan Chase Bank N.A.			07/03/19				(37,015	)

40

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Forward Foreign Currency Exchange Contracts (continued)

Currency Purchased						Currency Sold						Counterparty		Settlement Date				Unrealized Appreciation (Depreciation)
USD			55,960			NZD			86,000			Australia and New Zealand Bank Group			07/03/19			$	(337	)
																			(107,494	)
																		$	392,382

Centrally Cleared Credit Default Swaps — Buy Protection

Reference Obligation/Index		Financing Rate Paid by the Fund				Payment Frequency				Termination Date				Notional Amount (000)								Value				Upfront Premium Paid (Received)				Unrealized Appreciation (Depreciation)
CDX.NA.HY.32.V1			5.00	%			Quarterly				06/20/24				USD				3,800			$	(211,959	)		$	(284,809	)		$	72,850
CDX.NA.IG.32.V1			1.00				Quarterly				06/20/24				USD				31,100				(501,031	)			(609,581	)			108,550
																						$	(712,990	)		$	(894,390	)		$	181,400

Centrally Cleared Interest Rate Swaps

Paid by the Fund				Received by the Fund																				Upfront Premium Paid (Received)				Unrealized Appreciation (Depreciation)
Rate		Frequency		Rate		Frequency		Effective Date				Termination Date		Notional Amount (000)						Value
3-Month LIBOR, 2.50%		Quarterly		2.71%		Semi-annual			N/A			01/11/21		USD			17,800			$	302,649			$	60			$	302,589
3-Month LIBOR, 2.50%		Quarterly		2.46		Semi-annual			07/22/19	(a)		07/22/21		USD			30,000				308,520				126				308,394
3-Month LIBOR, 2.50%		Quarterly		2.34		Semi-annual			07/30/19	(a)		07/30/21		USD			65,000				525,563				273				525,290
2.28%		Semi-annual		3-Month LIBOR, 2.50%		Quarterly			07/30/19	(a)		07/30/21		USD			65,000				(455,930	)			273				(456,203	)
2.21		Semi-annual		3-Month LIBOR, 2.50%		Quarterly			08/15/19	(a)		08/15/21		USD			31,000				(187,755	)			130				(187,885	)
3-Month LIBOR, 2.50%		Quarterly		2.70		Semi-annual			N/A			01/30/22		USD			20,850				551,702				137				551,565
3-Month LIBOR, 2.50%		Quarterly		2.60		Semi-annual			N/A			02/19/24		USD			5,650				206,092				47				206,045
2.54		Semi-annual		3-Month LIBOR, 2.50%		Quarterly			N/A			03/11/24		USD			25,500				(695,875	)			213				(696,088	)
2.32		Semi-annual		3-Month LIBOR, 2.50%		Quarterly			06/18/19	(a)		06/18/24		USD			33,000				(611,350	)			291				(611,641	)
3-Month LIBOR, 2.50%		Quarterly		2.34		Semi-annual			07/11/19	(a)		07/11/24		USD			13,000				259,018				115				258,903
3-Month LIBOR, 2.50%		Quarterly		2.33		Semi-annual			07/25/19	(a)		07/25/24		USD			6,500				124,874				57				124,817
3-Month LIBOR, 2.50%		Quarterly		2.34		Semi-annual			08/06/19	(a)		08/06/24		USD			19,000				377,687				167				377,520
3-Month LIBOR, 2.50%		Quarterly		2.30		Semi-annual			08/06/19	(a)		08/06/24		USD			19,500				353,331				172				353,159
3-Month LIBOR, 2.50%		Quarterly		2.23		Semi-annual			08/13/19	(a)		08/13/24		USD			6,500				96,395				57				96,338
3-Month LIBOR, 2.50%		Quarterly		2.15		Semi-annual			08/15/19	(a)		08/15/24		USD			25,000				279,428				220				279,208

41

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

Centrally Cleared Interest Rate Swaps (continued)

Paid by the Fund				Received by the Fund																						Upfront Premium Paid (Received)				Unrealized Appreciation (Depreciation)
Rate		Frequency		Rate		Frequency		Effective Date				Termination Date				Notional Amount (000)						Value
3-Month LIBOR, 2.50%		Quarterly		2.20%		Semi-annual			08/15/19	(a)			08/15/24			USD			10,000			$	133,390			$	88			$	133,302
3-Month LIBOR, 2.50%		Quarterly		2.54		Semi-annual			N/A				09/04/24			USD			7,900				233,719				71				233,648
2.60%		Semi-annual		3-Month LIBOR, 2.50%		Quarterly			N/A				09/04/24			USD			18,700				(608,212	)			(52,335	)			(555,877	)
2.24		Semi-annual		3-Month LIBOR, 2.50%		Quarterly			N/A				08/09/27			USD			17,400				(344,814	)			229				(345,043	)
3.01		Semi-annual		3-Month LIBOR, 2.50%		Quarterly			N/A				02/14/48			USD			6,000				(933,451	)			176				(933,627	)
3-Month LIBOR, 2.50%		Quarterly		2.88		Semi-annual			N/A				02/01/49			USD			5,650				725,037				164				724,873
2.83		Semi-annual		3-Month LIBOR, 2.50%		Quarterly			06/18/19	(a)			06/18/49			USD			5,790				(645,210	)			170				(645,380	)
3-Month LIBOR, 2.50%		Quarterly		2.75		Semi-annual			07/30/19	(a)			07/30/49			USD			1,450				136,557				43				136,514
3-Month LIBOR, 2.50%		Quarterly		2.74		Semi-annual			07/30/19	(a)			07/30/49			USD			2,750				252,841				82				252,759
																						$	384,206			$	(48,974	)		$	433,180

^(a)  Forward Swap.

OTC Credit Default Swaps — Buy Protection

Reference Obligation/Index		Financing Rate Paid by the Fund				Payment Frequency				Counterparty		Termination Date				Notional Amount (000)								Value				Upfront Premium Paid (Received)				Unrealized Appreciation (Depreciation)
Republic of China			1.00	%			Quarterly			Barclays Bank PLC			06/20/24				USD				6,300			$	(135,498	)		$	(149,097	)		$	13,599
Republic of China			1.00				Quarterly			Bank of America N.A.			06/20/24				USD				6,300				(135,498	)			(148,424	)			12,926
Republic of China			1.00				Quarterly			JPMorgan Chase Bank N.A.			06/20/24				USD				3,136				(67,438	)			(68,165	)			727
Republic of China			1.00				Quarterly			JPMorgan Chase Bank N.A.			06/20/24				USD				3,164				(68,060	)			(69,715	)			1,655
																								$	(406,494	)		$	(435,401	)		$	28,907

OTC Credit Default Swaps — Sell Protection

Reference Obligation/Index		Financing Rate Received by the Fund				Payment Frequency				Counterparty		Termination Date				Credit Rating (a)		Notional Amount (000) (b)								Value				Upfront Premium Paid (Received)				Unrealized Appreciation (Depreciation)
Casino Guichard Perrachon SA			1.00	%			Quarterly			Citibank N.A.			06/20/23			B			EUR				21			$	(4,058	)		$	(2,518	)		$	(1,540	)
Casino Guichard Perrachon SA			1.00				Quarterly			Barclays Bank PLC			12/20/23			B			EUR				40				(8,597	)			(5,832	)			(2,765	)
Chesapeake Energy Corp.			5.00				Quarterly			Barclays Bank PLC			12/20/23			B+			USD				79				(7,697	)			139				(7,836	)
Chesapeake Energy Corp.			5.00				Quarterly			Barclays Bank PLC			12/20/23			B+			USD				62				(6,041	)			548				(6,589	)
Garfunkelux Holdco 2 SA			5.00				Quarterly			JPMorgan Chase Bank N.A.			12/20/23			B-			EUR				13				(3,177	)			(84	)			(3,093	)
Garfunkelux Holdco 2 SA			5.00				Quarterly			Credit Suisse International			12/20/23			B-			EUR				24				(6,034	)			430				(6,464	)

42

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

OTC Credit Default Swaps — Sell Protection (continued)

Reference Obligation/Index		Financing Rate Received by the Fund				Payment Frequency				Counterparty		Termination Date				Credit Rating (a)		Notional Amount (000) (b)								Value				Upfront Premium Paid (Received)				Unrealized Appreciation (Depreciation)
Virgin Media, Inc.			5.00	%			Quarterly			Credit Suisse International			12/20/25			B			EUR				30			$	5,844			$	4,891			$	953
Tesco PLC			1.00				Quarterly			Morgan Stanley & Co. International PLC			12/20/28			BB+			EUR				60				(5,378	)			(5,835	)			457
CMBX.NA.8			3.00				Monthly			Barclays Bank PLC			10/17/57			CCC+			USD				5,000				(358,468	)			(508,213	)			149,745
CMBX.NA.8			3.00				Monthly			Credit Suisse International			10/17/57			CCC+			USD				2,500				(179,234	)			(251,156	)			71,922
CMBX.NA.8			3.00				Monthly			Morgan Stanley & Co. International PLC			10/17/57			CCC+			USD				4,450				(320,149	)			(594,482	)			274,333
CMBX.NA.9			3.00				Monthly			Morgan Stanley & Co. International PLC			09/17/58			BB-			USD				7,550				(435,888	)			(932,881	)			496,993
CMBX.NA.9			3.00				Monthly			Credit Suisse International			09/17/58			BB-			USD				5,000				(288,668	)			(543,627	)			254,959
CMBX.NA.9			3.00				Monthly			Credit Suisse International			09/17/58			BB-			USD				5,000				(288,668	)			(543,627	)			254,959
CMBX.NA.9			3.00				Monthly			Credit Suisse International			09/17/58			BB-			USD				5,000				(288,668	)			(537,689	)			249,021
																										$	(2,194,881	)		$	(3,919,936	)		$	1,725,055

^(a) Using S&P’s rating of the issuer or the underlying securities of the index, as applicable.

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

Fair Value Hierarchy as of Period End

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

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

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

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

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

43

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

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

		Level 1				Level 2				Level 3				Total
Assets:
Investments:
Long-Term Investments:
Asset-Backed Securities		$	—			$	32,485,916			$	1,740,191			$	34,226,107
Common Stocks(a)			232,700				45,785				912,041				1,190,526
Corporate Bonds			—				371,384,087				1,554,446				372,938,533
Floating Rate Loan Interests			—				232,024,523				11,388,799				243,413,322
Foreign Agency Obligations			—				15,554,712				—				15,554,712
Investment Companies			12,242,739				—				—				12,242,739
Non-Agency Mortgage-Backed Securities			—				9,324,999				—				9,324,999
Other Interests			—				—				10				10
Preferred Securities			13,213,297				39,204,734				—				52,418,031
U.S. Government Sponsored Agency Securities			—				26,210,381				—				26,210,381
U.S. Treasury Obligations			—				16,277,857				—				16,277,857
Warrants			—				240,951				—				240,951
Short-Term Securities			9,559,898				—				—				9,559,898
Liabilities:
Investments:
Unfunded Floating Rate Loan Interests(b)			—				(271	)			—				(271	)
Subtotal		$	35,248,634			$	742,753,674			$	15,595,487			$	793,597,795
Investments Valued at Net Asset Value (“NAV”)(c)															68,433
Total Investments														$	793,666,228
Derivative Financial Instruments(d)
Assets:
Credit contracts		$	—			$	1,963,649			$	—			$	1,963,649
Forward foreign currency contracts			—				499,876				—				499,876
Interest rate contracts			681,938				4,864,924				—				5,546,862
Liabilities:
Credit contracts			—				(28,287	)			—				(28,287	)
Equity contracts			(220	)			—				—				(220	)
Forward foreign currency contracts			—				(107,494	)			—				(107,494	)
Interest rate contracts			(389,430	)			(4,431,744	)			—				(4,821,174	)
		$	292,288			$	2,760,924			$	—			$	3,053,212

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

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

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

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

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial statement purposes. As of period end, reverse repurchase agreements of $195,524,593 are categorized within as Level 2 the disclosure hierarchy.

44

Schedule of Investments  (unaudited) (continued) May 31, 2019 BlackRock Limited Duration Income Trust (BLW)

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

		Asset-Backed Securities				Common Stocks				Corporate Bonds				Floating Rate Loan Interests				Options Purchased				Other Interests				Grand Total
Assets:
Opening balance, as of August 31, 2018		$	1,581,044			$	2,336,114			$	1,507,493			$	9,733,052			$	—			$	10			$	15,157,713
Transfers into Level 3(a)			—				—				—				6,459,265				—				—				6,459,265
Transfers out of Level 3			—				—				(13	)			(3,446,208	)			—				—				(3,446,221	)
Accrued discounts/premiums			(113,934	)			—				(50,411	)			2,225				—				—				(162,120	)
Net realized gain (loss)			(87,372	)			27,445				756				(155,889	)			(44,978	)			—				(260,038	)
Net change in unrealized appreciation (depreciation)(b)			128,114				(1,409,077	)			113,331				(227,911	)			44,978				—				(1,350,565	)
Purchases			500,000				100,687				—				5,170,453				—				—				5,771,140
Sales			(267,661	)			(143,128	)			(16,710	)			(6,146,188	)			—				—				(6,573,687	)
Closing balance, as of May 31, 2019		$	1,740,191			$	912,041			$	1,554,446			$	11,388,799			$	—			$	10			$	15,595,487
Net change in unrealized appreciation (depreciation) on investments still held at May 31, 2019(b)		$	128,114			$	(1,409,077	)		$	113,331			$	(257,573	)		$	—			$	—			$	(1,425,205	)

^(a)  As of August 31, 2018, the Fund used observable inputs in determining the value of certain investments. As of May 31, 2019, the Fund used significant unobservable inputs in determining the value of the same investments. As a result, investments at beginning of period value were transferred from Level 2 to Level 3 in the disclosure hierarchy.

^(b)  Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at May 31, 2019 is generally due to investments no longer held or categorized as Level 3 at period end.

45