BlackRock Limited Duration Income Trust
BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed… Read more
BlackRock Limited Duration Income Trust (BLW) - Net Assets
Latest net assets as of June 2025: $539.37 Million USD
Based on the latest financial reports, BlackRock Limited Duration Income Trust (BLW) has net assets worth $539.37 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($903.89 Million) and total liabilities ($364.53 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $539.37 Million |
| % of Total Assets | 59.67% |
| Annual Growth Rate | -26.12% |
| 5-Year Change | -14.84% |
| 10-Year Change | -18.33% |
| Growth Volatility | 1037.33 |
BlackRock Limited Duration Income Trust - Net Assets Trend (2006–2024)
This chart illustrates how BlackRock Limited Duration Income Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BlackRock Limited Duration Income Trust (2006–2024)
The table below shows the annual net assets of BlackRock Limited Duration Income Trust from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $514.29 Million | +2.09% |
| 2023-12-31 | $503.77 Million | +4.39% |
| 2022-12-31 | $482.59 Million | -17.81% |
| 2021-12-31 | $587.15 Million | -2.78% |
| 2020-12-31 | $603.93 Million | -1.04% |
| 2019-12-31 | $610.25 Million | 0.00% |
| 2019-10-31 | $610.25 Million | -0.29% |
| 2018-12-31 | $612.05 Million | -2.81% |
| 2017-12-31 | $629.73 Million | 0.00% |
| 2017-10-31 | $629.73 Million | +1.04% |
| 2016-12-31 | $623.22 Million | -1.14% |
| 2015-12-31 | $630.39 Million | -5.83% |
| 2014-12-31 | $669.38 Million | +3.12% |
| 2013-12-31 | $649.12 Million | +1.05% |
| 2012-12-31 | $642.39 Million | -99.64% |
| 2011-12-31 | $179.57 Billion | +4749.39% |
| 2010-12-31 | $3.70 Billion | +425.99% |
| 2009-12-31 | $704.00 Million | -99.50% |
| 2008-12-31 | $141.63 Billion | +24.68% |
| 2007-12-31 | $113.60 Billion | -5.16% |
| 2006-12-31 | $119.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock Limited Duration Income Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $620.83 Million | 120.72% |
| Total Equity | $514.29 Million | 100.00% |
BlackRock Limited Duration Income Trust Competitors by Market Cap
The table below lists competitors of BlackRock Limited Duration Income Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brookfield Real Assets Income
NYSE:RA
|
$118.43K |
|
Fidia S.p.A.
F:FIC0
|
$118.45K |
|
ATLANTA ELECTRICALS LTD
NSE:ATLANTAELE
|
$118.50K |
|
FCRTX
NMFQS:FCRTX
|
$118.60K |
|
STRAIT MINERALS
F:S5G
|
$118.29K |
|
Endymed
TA:ENDY
|
$118.10K |
|
Targeted Microwave Solutions Inc
PINK:TGTMF
|
$118.02K |
|
IA Invest Global Health Invest
CO:IAIGHI
|
$117.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock Limited Duration Income Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 503,770,023 to 514,290,737, a change of 10,520,714 (2.1%).
- Net income of 45,017,449 contributed positively to equity growth.
- Dividend payments of 46,214,000 reduced retained earnings.
- New share issuances of 11,717,264 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $45.02 Million | +8.75% |
| Dividends Paid | $46.21 Million | -8.99% |
| Share Issuances | $11.72 Million | +2.28% |
| Other Changes | $1.00 | +0.0% |
| Total Change | $- | 2.09% |
Book Value vs Market Value Analysis
This analysis compares BlackRock Limited Duration Income Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 91.91x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.14 | $13.15 | x |
| 2007-12-31 | $0.14 | $13.15 | x |
| 2008-12-31 | $0.12 | $13.15 | x |
| 2012-12-31 | $17.38 | $13.15 | x |
| 2013-12-31 | $17.54 | $13.15 | x |
| 2014-12-31 | $18.09 | $13.15 | x |
| 2015-12-31 | $17.04 | $13.15 | x |
| 2016-12-31 | $16.84 | $13.15 | x |
| 2017-10-31 | $17.02 | $13.15 | x |
| 2017-12-31 | $17.02 | $13.15 | x |
| 2018-12-31 | $16.71 | $13.15 | x |
| 2019-10-31 | $17.03 | $13.15 | x |
| 2019-12-31 | $17.03 | $13.15 | x |
| 2020-12-31 | $16.93 | $13.15 | x |
| 2021-12-31 | $16.44 | $13.15 | x |
| 2022-12-31 | $13.51 | $13.15 | x |
| 2023-12-31 | $14.11 | $13.15 | x |
| 2024-12-31 | $14.39 | $13.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock Limited Duration Income Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 85.01%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.69x
- Recent ROE (8.75%) is above the historical average (-43.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3080.35% | 24.03% | 0.05x | 2694.94x | $21.47 Billion |
| 2007 | 529.49% | 4.43% | 0.04x | 3202.46x | $3.55 Billion |
| 2008 | -4491.29% | -51.56% | 0.03x | 3144.86x | $-27.75 Billion |
| 2012 | 12.60% | 146.92% | 0.06x | 1.49x | $16.67 Million |
| 2013 | 8.79% | 102.81% | 0.06x | 1.46x | $-7.84 Million |
| 2014 | 9.79% | 120.84% | 0.06x | 1.46x | $-1.38 Million |
| 2015 | 1.39% | 17.37% | 0.06x | 1.43x | $-54.26 Million |
| 2016 | 6.55% | 149.96% | 0.03x | 1.46x | $-21.49 Million |
| 2017 | 8.51% | 98.69% | 0.06x | 1.44x | $-9.36 Million |
| 2017 | 8.51% | 98.69% | 0.06x | 1.44x | $-9.36 Million |
| 2018 | 3.77% | 97.03% | 0.03x | 1.41x | $-38.14 Million |
| 2019 | 7.28% | 98.60% | 0.05x | 1.36x | $-16.60 Million |
| 2019 | 7.28% | 98.60% | 0.05x | 1.36x | $-16.60 Million |
| 2020 | 6.18% | 98.34% | 0.04x | 1.50x | $-23.10 Million |
| 2021 | 4.15% | 97.58% | 0.03x | 1.67x | $-34.32 Million |
| 2022 | -13.68% | -417.96% | 0.02x | 1.65x | $-114.28 Million |
| 2023 | 12.76% | 112.18% | 0.07x | 1.63x | $13.90 Million |
| 2024 | 8.75% | 85.01% | 0.06x | 1.69x | $-6.41 Million |
Industry Comparison
This section compares BlackRock Limited Duration Income Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Limited Duration Income Trust (BLW) | $539.37 Million | 3080.35% | 0.68x | $118.42K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |