Pretty
The dogs of doom are howling more!
usually goes the other way. Not a big % move but it was pretty. Been congested for months just below that…pretty boring in fact.
BlackRock Limited Duration Income Trust (BLW)
sold by Citigroup on January 17th
3,564 shares at $100,000 for $356,400,000
BlackRock Limited Duration Income Trust’s (BLW) (the 'Fund') investment objective is to provide current income and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in three distinct asset classes: • intermediate duration, investment grade corporate bonds, mortgage-related securities, asset-backed securities and US Government and agency securities; • senior, secured floating rate loans made to corporate and other business entities; and • US dollar-denominated securities of US and non-US issuers rated below investment grade and, to a limited extent, non-US dollar denominated securities of non-US issuers rated below investment grade. The Fund’s portfolio normally has an average portfolio duration of less than five years (including the effect of anticipated leverage), although it may be longer from time to time depending on market conditions. The Fund may invest directly in such securities or synthetically through the use of derivatives****
****just paper over any loss with moar!
https://www.blackrock.com/investing/products/240191/blackrock-limited-duration-income-trust-usd-fund
Underpants indeed
https://www.finviz.com/insidertrading.ashx?or=10&tv=1000000&tc=7&o=-transactionValue
notable and digworthy