Citigroup Inc. (NYSE:BLW) is expected to pay $0.09 on Nov 30, 2016. The indicated annual dividend is $1.04. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Citigroup Inc.’s current price of $15.03, the dividend is 0.58%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 2, 2016. The stock increased 0.13% or $0.02 on November 8, hitting $15.03. BlackRock Ltd. Duration Income Trust (NYSE:BLW) has risen 1.49% since April 7, 2016 and is uptrending. It has underperformed by 3.30% the S&P500.
BlackRock Limited Duration Income Trust is a diversified closed-end management investment company. The company has a market cap of $563.30 million. The Trust’s investment objective is to provide current income and capital appreciation. It currently has negative earnings. The Fund invests in three distinct asset classes: intermediate duration, investment grade corporate bonds, mortgage-related securities, asset-backed securities and United States Government and agency securities; senior, secured floating rate loans made to corporate and other business entities, and US dollar-denominated securities of United States and non-United States issuers rated below investment grade and, to a limited extent, non-US dollar denominated securities of non-US issuers rated below investment grade.
Insitutional Activity: The institutional sentiment decreased to 0.83 in 2016 Q2. Its down 0.56, from 1.39 in 2016Q1. The ratio fall, as 11 funds sold all BlackRock Ltd. Duration Income Trust shares owned while 19 reduced positions. 12 funds bought stakes while 13 increased positions. They now own 7.46 million shares or 15.03% less from 8.79 million shares in 2016Q1.
Livingston Gru Asset Mngmt (Operating As Southport Capital Management) has invested 0.3% of its portfolio in BlackRock Ltd. Duration Income Trust (NYSE:BLW). Archford Capital Strategies Ltd Liability Corp has invested 0.1% of its portfolio in BlackRock Ltd. Duration Income Trust (NYSE:BLW). Moreover, Cambridge Research Advisors Inc has 0.02% invested in BlackRock Ltd. Duration Income Trust (NYSE:BLW) for 50,168 shares. Nelson Van Denburg Campbell Wealth Mngmt Group Inc Ltd Llc accumulated 1,000 shares or 0.01% of the stock. Oppenheimer & Comm has 0.02% invested in the company for 46,362 shares. Thomas J Herzfeld Advsrs has 250 shares for 0% of their US portfolio. Oxbow Limited last reported 0.17% of its portfolio in the stock. Investors Cap Advisory Services holds 0.06% or 19,866 shares in its portfolio. Rmb Mgmt Limited Co holds 0.01% or 13,068 shares in its portfolio. Guggenheim Capital Limited Liability holds 0.02% or 360,378 shares in its portfolio. First Foundation holds 293,651 shares or 0.32% of its portfolio. Financial Architects has 0% invested in the company for 200 shares. Raymond James And Assocs holds 60,031 shares or 0% of its portfolio. Hollencrest Ltd Liability Corp holds 0.02% or 10,212 shares in its portfolio. Bessemer, a New Jersey-based fund reported 640,000 shares.
Another recent and important BlackRock Ltd. Duration Income Trust (NYSE:BLW) news was published by Seekingalpha.com which published an article titled: “2 CEFs For The 7% $100000 Portfolio: BlackRock Limited Duration Income Trust …” on August 28, 2016.
BLW Company Profile
BlackRock Limited Duration Income Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income and capital appreciation. BlackRock Limited Duration Income Trust’s portfolio includes corporate bonds, bank loans, mortgage pass-through securities, the United States Government and Agency securities, foreign government bonds and non-agency multiple class mortgage pass-through securities.
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