>>4944691 lb
yes however these are not very liquid as who is going to buy them?
Similar to the treasury debt that china still holds. Sell them en masse and you lower the price of what you continue to hold.
Never-mind that the alogo's will shut it down once a big order is detected. Most of these places are trapped in 'assets' that are not able to be sold easily.
Notable
it's not current dude…
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.**
** Moar paper!!!!!
https://www.blackrock.com/investing/products/240191/blackrock-limited-duration-income-trust-usd-fund
https://www.finviz.com/insidertrading.ashx?or=10&tv=1000000&tc=2&o=-transactionValue