BLACKROCK Ltd DURATION INCOME TRUST

BLW is a closed-end fixed income mutual fund sponsored and managed by BlackRock, Inc., one of the world's largest asset management firms. The fund invests primarily in U.S. fixed income securities, with a portfolio concentrated in investment-grade corporate bonds, mortgage-related securities, asset-backed securities, U.S. Government and agency securities, and senior secured floating rate loans. The fund maintains an average portfolio duration of less than five years, positioning it as a limited-duration income strategy within BlackRock's broader fixed income offerings.

The fund's revenue is generated through management fees charged on assets under management. Its investment objective is to provide current income while managing interest rate risk through its constrained duration profile. The portfolio is benchmarked against the Lehman Brothers U.S. Aggregate Index, reflecting its broad exposure across the U.S. fixed income market.

As a closed-end fund structure, BLW operates with a fixed pool of capital rather than the ongoing inflows and outflows characteristic of open-end mutual funds. The fund was established in July 2003 and is incorporated in Delaware with U.S. domicile. BlackRock Advisors, LLC provides investment management services and leverages BlackRock's research capabilities and fixed income expertise across its diversified analyst and portfolio management team.