- Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company (N-Q)
April 01 2011 - 10:58AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-21972
Name of Fund: BlackRock Credit Allocation Income Trust IV (BTZ)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Credit Allocation Income Trust IV, 55 East 52
nd
Street, New York, NY 10055
Registrants telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 10/31/2011
Date of reporting period: 01/31/2011
Item 1 Schedule of Investments
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Schedule of Investments
January 31, 2011 (Unaudited)
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BlackRock
Credit Allocation Income Trust IV (BTZ)
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(Percentages shown are based on Net Assets)
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Corporate Bonds
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Par
(000)
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Value
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Aerospace
& Defense 4.0%
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BE Aerospace, Inc., 8.50%,
7/01/18
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$
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3,575
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$
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3,896,750
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Bombardier, Inc., 7.75%,
3/15/20 (a)
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4,500
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4,927,500
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Goodrich Corp., 3.60%, 2/01/21
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10,000
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9,389,560
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United Technologies Corp., 5.70%,
4/15/40 (b)
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10,000
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10,525,430
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28,739,240
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Airlines 1.0%
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American Airlines Pass-Through
Trust, Series 2011-1, Class A,
5.25%, 7/31/22
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2,425
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2,431,063
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Continental Airlines Pass-Through
Certificates, Series 2009-2,
Class B, 9.25%, 5/10/17
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2,113
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2,314,217
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Delta Air Lines, Inc., Series 02G1,
6.72%, 7/02/24
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2,205
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2,249,456
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6,994,736
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Auto Components 0.8%
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Dana Holding Corp.:
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6.50%, 2/15/19
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760
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773,300
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6.75%, 2/15/21
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520
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527,800
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Icahn Enterprises LP:
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7.75%, 1/15/16
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1,700
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1,753,125
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8.00%, 1/15/18
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2,500
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2,568,750
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5,622,975
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Beverages 0.5%
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Constellation Brands, Inc., 7.25%,
5/15/17
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3,230
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3,456,100
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Building Products 0.2%
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Building Materials Corp. of
America, 7.00%, 2/15/20 (a)
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1,100
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1,155,000
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Capital Markets 3.1%
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Ameriprise Financial, Inc., 5.30%,
3/15/20 (b)
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4,500
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4,740,813
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The Goldman Sachs Group, Inc.,
7.50%, 2/15/19 (b)
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6,850
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7,985,415
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Morgan Stanley, 5.75%,
1/25/21 (b)
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7,375
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7,453,713
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UBS AG, 2.25%, 1/28/14
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2,678
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2,685,880
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22,865,821
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Chemicals 0.3%
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CF Industries, Inc., 7.13%,
5/01/20
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1,850
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2,055,813
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Commercial Banks 1.7%
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Discover Bank, 8.70%, 11/18/19
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1,950
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2,334,936
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Fifth Third Bamcorp, 3.63%,
1/25/16
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4,600
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4,635,121
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Corporate Bonds
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Par
(000)
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Value
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Commercial
Banks (concluded):
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Lloyds TSB Bank Plc, 4.88%,
1/21/16
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$
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3,325
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$
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3,327,843
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Regions Financial Corp., 4.88%,
4/26/13
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2,450
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2,413,250
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12,711,150
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Commercial
Services &
Supplies 4.7%
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Aviation Capital Group, 7.13%,
10/15/20 (a)
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15,000
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15,360,831
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Browning-Ferris Industries, Inc.,
7.40%, 9/15/35
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4,420
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5,258,518
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Casella Waste Systems, Inc.,
7.75%, 2/15/19 (a)(c)
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1,031
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1,054,198
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Clean Harbors, Inc., 7.63%,
8/15/16
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2,250
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2,385,000
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Corrections Corp. of America,
7.75%, 6/01/17
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4,835
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5,282,237
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Waste Management, Inc., 6.13%,
11/30/39
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4,750
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5,047,621
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34,388,405
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Communications Equipment 0.8%
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Brocade Communications
Systems, Inc., 6.88%, 1/15/20
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3,580
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3,812,700
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CC Holdings GS V LLC, 7.75%,
5/01/17 (a)
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1,725
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1,897,500
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5,710,200
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Construction Materials 0.2%
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Inversiones CMPC SA, 4.75%,
1/19/18 (a)
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1,375
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1,354,574
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Consumer Finance 4.9%
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American Express Credit Corp.,
2.75%, 9/15/15
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9,850
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9,672,089
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Capital One Bank USA NA, 8.80%,
7/15/19
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3,950
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4,902,953
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Inmarsat Finance Plc, 7.38%,
12/01/17 (a)
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2,975
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3,160,938
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SLM Corp., 6.25%, 1/25/16
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17,875
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17,908,641
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35,644,621
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Containers & Packaging 1.3%
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Ball Corp.:
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7.13%, 9/01/16
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2,000
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2,175,000
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6.75%, 9/15/20
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3,575
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3,771,625
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Crown Americas LLC, 6.25%,
2/01/21 (a)
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1,350
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1,360,125
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Owens-Brockway Glass Container,
Inc., 6.75%, 12/01/14
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1,110
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1,140,525
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Rock-Tenn Co., 9.25%, 3/15/16
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800
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878,000
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9,325,275
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To simplify the listings of
portfolio holdings in the Schedule of Investments, the names and descriptions
of many of the securities have been abbreviated according to the following
list:
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GO
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General Obligation Bonds
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RB
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Revenue Bonds
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BLACKROCK CREDIT ALLOCATION INCOME TRUST IV
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JANUARY 31, 2011
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1
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Schedule of Investments
(continued)
|
BlackRock
Credit Allocation Income Trust IV (BTZ)
|
(Percentages shown are based on Net Assets)
|
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|
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Corporate Bonds
|
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Par
(000)
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Value
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Diversified Financial Services 2.6%
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Ally Financial, Inc., 8.30%,
2/12/15
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$
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3,700
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$
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4,181,000
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Citigroup, Inc., 4.59%, 12/15/15
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1,575
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1,644,651
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Moodys Corp., 6.06%, 9/07/17
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10,000
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10,115,530
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Reynolds Group Issuer, Inc. (a)(c):
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6.88%, 2/15/21
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1,095
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1,104,581
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8.25%, 2/15/21
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1,345
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1,356,769
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Stan IV Ltd., 2.48%, 7/20/11 (d)
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283
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280,170
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18,682,701
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Diversified
Telecommunication
Services 3.3%
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AT&T Inc., 6.30%, 1/15/38
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5,000
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5,154,805
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Frontier Communications Corp.,
8.50%, 4/15/20
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4,500
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5,073,750
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Qwest Corp., 8.38%, 5/01/16
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3,285
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3,933,787
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Verizon Communications, Inc.,
7.35%, 4/01/39 (b)
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4,700
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5,596,840
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Windstream Corp.:
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8.63%, 8/01/16
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1,250
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1,325,000
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7.88%, 11/01/17
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2,700
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2,892,375
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23,976,557
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Electric Utilities 1.3%
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Progress Energy, Inc., 7.00%,
10/30/31
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5,000
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5,734,365
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Southern California Edison Co.,
5.50%, 3/15/40
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3,850
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3,891,773
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9,626,138
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Electronic
Equipment, Instruments
& Components 0.3%
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Jabil Circuit, Inc., 8.25%, 3/15/18
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2,000
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2,290,000
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Energy Equipment & Services 1.2%
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Halliburton Co., 7.45%,
9/15/39 (b)
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5,076
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6,381,436
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Hornbeck Offshore Services, Inc.,
Series B, 6.13%, 12/01/14
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2,695
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2,668,050
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9,049,486
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Food & Staples Retailing 4.3%
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CVS Caremark Corp.:
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4.75%, 5/18/20
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10,000
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10,310,160
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6.30%, 6/01/62 (d)
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7,800
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7,517,250
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Wal-Mart Stores, Inc.:
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5.25%, 9/01/35
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2,650
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2,608,840
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6.20%, 4/15/38
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10,000
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11,026,040
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31,462,290
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Food Products 0.8%
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Kraft Foods, Inc.:
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6.50%, 8/11/17
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1,985
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2,305,665
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6.13%, 8/23/18
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1,990
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2,259,028
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Smithfield Foods, Inc., 10.00%,
7/15/14
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1,250
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1,470,312
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6,035,005
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Gas Utilities 0.8%
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Nisource Finance Corp., 6.13%,
3/01/22
|
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4,750
|
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5,242,665
|
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Corporate Bonds
|
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Par
(000)
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|
Value
|
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Gas Utilities (concluded):
|
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|
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|
|
Targa Resources Partners LP,
6.88%, 2/01/21 (a)(c)
|
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$
|
820
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$
|
820,000
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6,062,665
|
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Health
Care Equipment &
Supplies 2.6%
|
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|
|
|
|
|
|
Boston Scientific Corp., 7.38%,
1/15/40
|
|
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4,950
|
|
|
5,288,194
|
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Fresenius US Finance II, Inc.,
9.00%, 7/15/15 (a)
|
|
|
4,250
|
|
|
4,882,187
|
|
Medtronic, Inc.:
|
|
|
|
|
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|
|
6.50%, 3/15/39
|
|
|
1,050
|
|
|
1,202,613
|
|
5.55%, 3/15/40 (b)
|
|
|
7,058
|
|
|
7,285,882
|
|
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|
|
|
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|
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18,658,876
|
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|
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Health
Care Providers &
Services 2.9%
|
|
|
|
|
|
|
|
Aetna, Inc., 6.75%, 12/15/37
|
|
|
4,075
|
|
|
4,576,653
|
|
Aviv Healthcare Properties LP,
7.75%, 2/15/19 (a)(c)
|
|
|
765
|
|
|
786,037
|
|
HCA, Inc.:
|
|
|
|
|
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|
|
8.50%, 4/15/19
|
|
|
2,000
|
|
|
2,230,000
|
|
7.25%, 9/15/20
|
|
|
3,600
|
|
|
3,852,000
|
|
Tenet Healthcare Corp.:
|
|
|
|
|
|
|
|
10.00%, 5/01/18
|
|
|
2,175
|
|
|
2,552,906
|
|
8.88%, 7/01/19
|
|
|
1,825
|
|
|
2,089,625
|
|
UnitedHealth Group, Inc., 6.88%,
2/15/38
|
|
|
4,075
|
|
|
4,650,810
|
|
|
|
|
|
|
|
|
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|
|
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20,738,031
|
|
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Household Durables 0.7%
|
|
|
|
|
|
|
|
Cemex Espana Luxembourg,
9.25%, 5/12/20 (a)
|
|
|
4,947
|
|
|
5,039,756
|
|
|
|
|
|
|
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IT Services 0.7%
|
|
|
|
|
|
|
|
First Data Corp., 8.25%,
1/15/21 (a)
|
|
|
775
|
|
|
745,938
|
|
International Business Machines
Corp., 5.60%, 11/30/39
|
|
|
4,400
|
|
|
4,654,223
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,400,161
|
|
|
|
|
|
|
|
|
|
Independent
Power Producers &
Energy Traders 0.4%
|
|
|
|
|
|
|
|
Energy Future Intermediate
Holding Co. LLC, 10.00%,
12/01/20
|
|
|
2,460
|
|
|
2,609,088
|
|
|
|
|
|
|
|
|
|
Insurance 2.7%
|
|
|
|
|
|
|
|
American International Group, Inc.,
6.40%, 12/15/20
|
|
|
2,800
|
|
|
2,987,496
|
|
Lincoln National Corp., 6.25%,
2/15/20
|
|
|
4,075
|
|
|
4,480,316
|
|
Northwestern Mutual Life
Insurance, 6.06%,
3/30/40 (a)(b)
|
|
|
5,500
|
|
|
5,909,030
|
|
Principal Financial Group, Inc.,
8.88%, 5/15/19
|
|
|
1,145
|
|
|
1,453,482
|
|
Prudential Financial, Inc., 6.63%,
12/01/37
|
|
|
4,075
|
|
|
4,470,067
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
19,300,391
|
|
|
|
|
|
|
|
|
|
Life Sciences Tools & Services 1.5%
|
|
|
|
|
|
|
|
Bio-Rad Laboratories, Inc., 8.00%,
9/15/16
|
|
|
5,480
|
|
|
6,041,700
|
|
|
|
|
|
|
|
2
|
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV
|
JANUARY 31, 2011
|
|
|
|
|
|
|
Schedule of Investments
(continued)
|
BlackRock
Credit Allocation Income Trust IV (BTZ)
|
(Percentages shown are based on Net Assets)
|
|
|
|
|
|
|
|
|
Corporate Bonds
|
|
Par
(000)
|
|
Value
|
|
|
|
|
|
|
|
|
|
Life
Sciences Tools & Services
(concluded):
|
|
|
|
|
|
|
|
Life Technologies Corp., 6.00%,
3/01/20
|
|
$
|
4,800
|
|
$
|
5,142,989
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11,184,689
|
|
|
|
|
|
|
|
|
|
Machinery 1.3%
|
|
|
|
|
|
|
|
Ingersoll-Rand Global Holding Co.,
Ltd., 9.50%, 4/15/14
|
|
|
4,075
|
|
|
4,903,765
|
|
Navistar International Corp.,
8.25%, 11/01/21
|
|
|
3,975
|
|
|
4,382,438
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,286,203
|
|
|
|
|
|
|
|
|
|
Media 5.7%
|
|
|
|
|
|
|
|
CSC Holdings LLC:
|
|
|
|
|
|
|
|
8.50%, 6/15/15
|
|
|
2,300
|
|
|
2,518,500
|
|
8.63%, 2/15/19
|
|
|
1,950
|
|
|
2,237,625
|
|
Cengage Learning Acquisitions,
Inc., 10.50%, 1/15/15 (a)
|
|
|
500
|
|
|
520,000
|
|
Comcast Corp., 6.30%, 11/15/17
|
|
|
4,075
|
|
|
4,664,449
|
|
Cox Communications, Inc., 8.38%,
3/01/39 (a)
|
|
|
4,075
|
|
|
5,227,092
|
|
DISH DBS Corp., 7.00%, 10/01/13
|
|
|
1,950
|
|
|
2,086,500
|
|
Gannett Co., Inc., 9.38%,
11/15/17
|
|
|
3,100
|
|
|
3,487,500
|
|
News America, Inc., 6.15%,
3/01/37
|
|
|
4,850
|
|
|
4,957,927
|
|
Time Warner Cable, Inc., 6.75%,
6/15/39
|
|
|
4,675
|
|
|
5,012,596
|
|
Time Warner, Inc., 7.70%,
5/01/32
|
|
|
4,900
|
|
|
5,862,267
|
|
UPC Germany GmbH, 8.13%,
12/01/17 (a)
|
|
|
1,225
|
|
|
1,323,000
|
|
Virgin Media Secured Finance Plc,
6.50%, 1/15/18
|
|
|
3,175
|
|
|
3,365,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
41,262,956
|
|
|
|
|
|
|
|
|
|
Metals & Mining 0.9%
|
|
|
|
|
|
|
|
Freeport-McMoRan Corp., 7.13%,
11/01/27
|
|
|
3,500
|
|
|
3,693,169
|
|
Teck Resources Ltd., 10.75%,
5/15/19
|
|
|
2,000
|
|
|
2,600,000
|
|
United States Steel Corp., 7.38%,
4/01/20
|
|
|
290
|
|
|
300,875
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,594,044
|
|
|
|
|
|
|
|
|
|
Multi-Utilities 2.6%
|
|
|
|
|
|
|
|
CenterPoint Energy, Inc.:
|
|
|
|
|
|
|
|
5.95%, 2/01/17
|
|
|
3,600
|
|
|
3,929,810
|
|
6.50%, 5/01/18
|
|
|
3,950
|
|
|
4,451,646
|
|
Dominion Resources, Inc., 8.88%,
1/15/19 (b)
|
|
|
8,000
|
|
|
10,329,632
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,711,088
|
|
|
|
|
|
|
|
|
|
Multiline Retail 3.0%
|
|
|
|
|
|
|
|
Dollar General Corp., 10.63%,
7/15/15
|
|
|
4,225
|
|
|
4,568,281
|
|
JC Penney Co., Inc., 5.65%,
6/01/20
|
|
|
17,700
|
|
|
17,080,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21,648,781
|
|
|
|
|
|
|
|
|
|
Oil, Gas & Consumable Fuels 4.7%
|
|
|
|
|
|
|
|
BP Capital Markets Plc (b):
|
|
|
|
|
|
|
|
5.25%, 11/07/13
|
|
|
2,100
|
|
|
2,300,703
|
|
3.88%, 3/10/15
|
|
|
3,085
|
|
|
3,231,556
|
|
|
|
|
|
|
|
|
|
Corporate Bonds
|
|
Par
(000)
|
|
Value
|
|
|
|
|
|
|
|
|
|
Oil, Gas
& Consumable Fuels
(concluded):
|
|
|
|
|
|
|
|
Buckeye Partners LP, 4.88%,
2/01/21
|
|
$
|
1,650
|
|
$
|
1,646,670
|
|
Enbridge Energy Partners LP,
9.88%, 3/01/19
|
|
|
2,425
|
|
|
3,206,388
|
|
Enterprise Products Operating LLC,
6.65%, 4/15/18
|
|
|
4,800
|
|
|
5,538,615
|
|
Kinder Morgan Energy Partners LP,
6.85%, 2/15/20
|
|
|
4,800
|
|
|
5,529,514
|
|
Marathon Petroleum Corp., 3.50%,
3/01/16 (a)(c)
|
|
|
2,250
|
|
|
2,270,716
|
|
ONEOK Partners LP, 8.63%,
3/01/19
|
|
|
4,075
|
|
|
5,098,986
|
|
Oasis Petroleum, Inc., 7.25%,
2/01/19 (a)(c)
|
|
|
625
|
|
|
637,500
|
|
Petrobras International Finance
Co., 3.88%, 1/27/16
|
|
|
2,425
|
|
|
2,447,989
|
|
Range Resources Corp., 6.75%,
8/01/20
|
|
|
1,415
|
|
|
1,485,750
|
|
SM Energy Co., 6.63%,
2/19/17
|
|
|
795
|
|
|
795,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
34,189,387
|
|
|
|
|
|
|
|
|
|
Paper & Forest Products 2.4%
|
|
|
|
|
|
|
|
Georgia-Pacific LLC, 8.25%,
5/01/16 (a)
|
|
|
3,955
|
|
|
4,449,375
|
|
International Paper Co.:
|
|
|
|
|
|
|
|
7.50%, 8/15/21
|
|
|
3,950
|
|
|
4,669,034
|
|
8.70%, 6/15/38
|
|
|
3,100
|
|
|
3,858,706
|
|
7.30%, 11/15/39
|
|
|
4,075
|
|
|
4,595,011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,572,126
|
|
|
|
|
|
|
|
|
|
Pharmaceuticals 5.9%
|
|
|
|
|
|
|
|
Abbott Laboratories, 6.15%,
11/30/37
|
|
|
942
|
|
|
1,047,155
|
|
Bristol-Myers Squibb Co.:
|
|
|
|
|
|
|
|
5.88%, 11/15/36
|
|
|
3,549
|
|
|
3,828,516
|
|
6.13%, 5/01/38
|
|
|
118
|
|
|
132,123
|
|
Eli Lilly & Co., 5.95%,
11/15/37 (b)
|
|
|
2,353
|
|
|
2,542,661
|
|
GlaxoSmithKline Capital, Inc.,
6.38%, 5/15/38 (b)
|
|
|
10,100
|
|
|
11,480,630
|
|
Merck & Co., Inc.:
|
|
|
|
|
|
|
|
6.50%, 12/01/33
|
|
|
2,885
|
|
|
3,428,021
|
|
6.55%, 9/15/37
|
|
|
6,945
|
|
|
8,248,125
|
|
Pfizer, Inc., 7.20%, 3/15/39 (b)
|
|
|
10,000
|
|
|
12,451,390
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
43,158,621
|
|
|
|
|
|
|
|
|
|
Real
Estate Investment Trusts
(REITs) 1.5%
|
|
|
|
|
|
|
|
AvalonBay Communities, Inc.,
6.10%, 3/15/20
|
|
|
4,075
|
|
|
4,584,815
|
|
ERP Operating LP, 5.75%,
6/15/17
|
|
|
4,080
|
|
|
4,509,755
|
|
HCP, Inc., 5.38%, 2/01/21
|
|
|
1,675
|
|
|
1,687,164
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,781,734
|
|
|
|
|
|
|
|
|
|
Real
Estate Management &
Development 0.1%
|
|
|
|
|
|
|
|
Realogy Corp., 7.88%,
2/15/19 (a)(c)
|
|
|
1,105
|
|
|
1,106,381
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV
|
JANUARY 31, 2011
|
3
|
|
|
|
|
|
|
Schedule of Investments
(continued)
|
BlackRock
Credit Allocation Income Trust IV (BTZ)
|
(Percentages shown are based on Net Assets)
|
|
|
|
|
|
|
|
|
Corporate Bonds
|
|
Par
(000)
|
|
Value
|
|
|
|
|
|
|
|
|
|
Road &
Rail 1.1%
|
|
|
|
|
|
|
|
Florida East Coast Railway Corp.,
8.13%, 2/01/17 (a)
|
|
$
|
320
|
|
$
|
332,000
|
|
Norfolk Southern Corp., 6.00%,
3/15/2105
|
|
|
8,500
|
|
|
7,635,763
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,967,763
|
|
|
|
|
|
|
|
|
|
Semiconductors
& Semiconductor
Equipment 0.9%
|
|
|
|
|
|
|
|
Advanced Micro Devices, Inc.,
7.75%, 8/01/20
|
|
|
1,300
|
|
|
1,332,500
|
|
KLA-Tencor Corp., 6.90%, 5/01/18
|
|
|
2,208
|
|
|
2,438,849
|
|
National Semiconductor Corp.,
6.60%, 6/15/17
|
|
|
2,770
|
|
|
3,051,551
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,822,900
|
|
|
|
|
|
|
|
|
|
Specialty Retail 0.8%
|
|
|
|
|
|
|
|
AutoNation, Inc., 6.75%, 4/15/18
|
|
|
2,775
|
|
|
2,865,187
|
|
AutoZone, Inc., 7.13%, 8/01/18
|
|
|
1,550
|
|
|
1,798,462
|
|
Limited Brands, Inc., 7.00%,
5/01/20
|
|
|
1,370
|
|
|
1,445,350
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,108,999
|
|
|
|
|
|
|
|
|
|
Tobacco 2.8%
|
|
|
|
|
|
|
|
Altria Group, Inc.:
|
|
|
|
|
|
|
|
9.70%, 11/10/18
|
|
|
4,075
|
|
|
5,284,921
|
|
9.25%, 8/06/19
|
|
|
3,950
|
|
|
5,066,973
|
|
10.20%, 2/06/39
|
|
|
7,400
|
|
|
10,046,610
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20,398,504
|
|
|
|
|
|
|
|
|
|
Wireless
Telecommunication
Services 1.8%
|
|
|
|
|
|
|
|
American Tower Corp., 4.50%,
1/15/18
|
|
|
3,200
|
|
|
3,178,208
|
|
Clearwire Communications LLC,
12.00%, 12/01/17 (a)
|
|
|
1,060
|
|
|
1,144,800
|
|
Cricket Communications, Inc.,
7.75%, 5/15/16
|
|
|
780
|
|
|
820,950
|
|
Nextel Communications, Inc.,
Series E, 6.88%, 10/31/13
|
|
|
1,040
|
|
|
1,046,500
|
|
SBA Tower Trust, 5.10%,
4/15/42 (a)
|
|
|
6,250
|
|
|
6,564,005
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,754,463
|
|
|
|
|
|
|
|
|
|
Total Corporate Bonds 85.1%
|
|
|
|
|
|
618,503,694
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred Securities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital Trusts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital Markets 3.1%
|
|
|
|
|
|
|
|
Credit Suisse Guernsey Ltd.,
5.86% (d)(e)
|
|
|
1,050
|
|
|
997,500
|
|
State Street Capital Trust III,
8.25% (d)(e)
|
|
|
1,740
|
|
|
1,756,338
|
|
State Street Capital Trust IV,
1.29%, 6/01/67 (d)
|
|
|
25,245
|
|
|
19,447,486
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22,201,324
|
|
|
|
|
|
|
|
|
|
Commercial Banks 6.6%
|
|
|
|
|
|
|
|
ABN AMRO North America Holding
Preferred Capital Repackaging
Trust I, 6.52% (a)(d)(e)
|
|
|
5,600
|
|
|
4,956,000
|
|
|
|
|
|
|
|
|
|
Capital Trusts
|
|
Par
(000)
|
|
Value
|
|
|
|
|
|
|
|
|
|
Commercial
Banks (concluded):
|
|
|
|
|
|
|
|
BB&T Capital Trust IV, 6.82%,
6/12/77 (d)
|
|
$
|
15,300
|
|
$
|
15,112,070
|
|
CBA Capital Trust II,
6.02% (a)(d)(e)
|
|
|
5,000
|
|
|
4,940,275
|
|
HSBC Capital Funding LP/Jersey
Channel Islands,
10.18% (a)(d)(e)
|
|
|
7,000
|
|
|
9,380,000
|
|
National City Preferred Capital
Trust I, 12.00% (d)(e)
|
|
|
3,713
|
|
|
4,178,833
|
|
Standard Chartered Bank,
7.01% (a)(d)(e)
|
|
|
5,000
|
|
|
4,790,770
|
|
USB Capital XIII Trust, 6.63%,
12/15/39
|
|
|
4,100
|
|
|
4,264,615
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
47,622,563
|
|
|
|
|
|
|
|
|
|
Consumer Finance 0.8%
|
|
|
|
|
|
|
|
Capital One Capital V, 10.25%,
8/15/39
|
|
|
5,460
|
|
|
5,903,625
|
|
|
|
|
|
|
|
|
|
Diversified Financial Services 3.6%
|
|
|
|
|
|
|
|
JPMorgan Chase Capital (d):
|
|
|
|
|
|
|
|
XXI, Series U, 1.24%, 1/15/87
|
|
|
12,875
|
|
|
10,130,423
|
|
XXIII, 1.29%, 5/15/77
|
|
|
20,695
|
|
|
15,912,075
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26,042,498
|
|
|
|
|
|
|
|
|
|
Electric Utilities 0.5%
|
|
|
|
|
|
|
|
PPL Capital Funding, 6.70%,
3/30/67 (d)
|
|
|
3,900
|
|
|
3,831,750
|
|
|
|
|
|
|
|
|
|
Insurance 6.6%
|
|
|
|
|
|
|
|
AXA SA, 6.46% (a)(d)(e)
|
|
|
6,000
|
|
|
5,250,000
|
|
Ace Capital Trust II, 9.70%,
4/01/30
|
|
|
4,000
|
|
|
4,899,940
|
|
The Allstate Corp., 6.50%,
5/15/67 (d)
|
|
|
4,000
|
|
|
4,115,000
|
|
American General Capital II,
8.50%, 7/01/30
|
|
|
300
|
|
|
327,000
|
|
American General Institutional
Capital A, 7.57%, 12/01/45 (a)
|
|
|
700
|
|
|
721,000
|
|
Aon Corp., 8.21%, 1/01/27
|
|
|
4,000
|
|
|
4,408,484
|
|
Chubb Corp., 6.38%, 3/29/67 (d)
|
|
|
4,000
|
|
|
4,240,000
|
|
Liberty Mutual Group, Inc.,
10.75%, 6/15/88 (a)(d)
|
|
|
4,000
|
|
|
5,140,000
|
|
Lincoln National Corp., 7.00%,
5/17/66 (d)
|
|
|
4,255
|
|
|
4,212,450
|
|
MetLife, Inc., 6.40%, 12/15/66
|
|
|
4,550
|
|
|
4,294,290
|
|
Reinsurance Group of America,
6.75%, 12/15/65 (d)
|
|
|
7,000
|
|
|
6,770,435
|
|
Swiss Re Capital I LP,
6.85% (a)(d)(e)
|
|
|
3,000
|
|
|
2,934,675
|
|
ZFS Finance (USA) Trust IV, 5.88%,
5/09/32 (a)(d)
|
|
|
599
|
|
|
585,541
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
47,898,815
|
|
|
|
|
|
|
|
|
|
Multi-Utilities 0.2%
|
|
|
|
|
|
|
|
Puget Sound Energy, Inc., Series A,
6.97%, 6/01/67 (d)
|
|
|
1,575
|
|
|
1,546,792
|
|
|
|
|
|
|
|
|
|
Oil, Gas & Consumable Fuels 1.2%
|
|
|
|
|
|
|
|
Enterprise Products Operating LLC,
8.38%, 8/01/66 (d)
|
|
|
4,500
|
|
|
4,860,000
|
|
|
|
|
|
|
|
4
|
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV
|
JANUARY 31, 2011
|
|
|
|
|
|
|
Schedule of Investments
(continued)
|
BlackRock
Credit Allocation Income Trust IV (BTZ)
|
(Percentages shown are based on Net Assets)
|
|
|
|
|
|
|
|
|
Capital Trusts
|
|
Par
(000)
|
|
Value
|
|
|
|
|
|
|
|
|
|
Oil, Gas
& Consumable Fuels
(concluded):
|
|
|
|
|
|
|
|
TransCanada PipeLines Ltd.,
6.35%, 5/15/67 (d)
|
|
$
|
4,000
|
|
$
|
4,012,844
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,872,844
|
|
|
|
|
|
|
|
|
|
Total Capital Trusts 22.6%
|
|
|
|
|
|
163,920,211
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred
Stocks
|
|
Shares
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial Banks 0.4%
|
|
|
|
|
|
|
|
SG Preferred Capital II, 6.30%
|
|
|
3,000
|
|
|
2,780,625
|
|
|
|
|
|
|
|
|
|
Real
Estate Investment Trusts
(REITs) 1.1%
|
|
|
|
|
|
|
|
Sovereign Real Estate Investment
Corp., 12.00%
|
|
|
7,000
|
|
|
7,980,000
|
|
|
|
|
|
|
|
|
|
Wireless
Telecommunication
Services 1.5%
|
|
|
|
|
|
|
|
Centaur Funding Corp., 9.08%
|
|
|
10,000
|
|
|
10,956,250
|
|
|
|
|
|
|
|
|
|
Total Preferred Stocks 3.0%
|
|
|
|
|
|
21,716,875
|
|
|
|
|
|
|
|
|
|
Total Preferred Securities 25.6%
|
|
|
|
|
|
185,637,086
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Taxable
Municipal Bonds
|
|
Par
(000
)
|
|
|
|
|
|
|
|
|
|
|
|
City of Chicago Illinois, RB, Build
America Bonds, 6.85%, 1/01/38
|
|
$
|
5,000
|
|
|
4,835,850
|
|
Metropolitan Transportation
Authority, RB, Build America
Bonds, 6.55%, 11/15/31
|
|
|
4,075
|
|
|
4,043,215
|
|
State of California, GO, Build
America Bonds, 7.35%,
11/01/39
|
|
|
2,050
|
|
|
2,069,331
|
|
|
|
|
|
|
|
|
|
Total Taxable Municipal Bonds 1.5%
|
|
|
|
|
|
10,948,396
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury Obligations
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury Bonds, 4.63%,
2/15/40 (b)
|
|
|
13,000
|
|
|
13,142,194
|
|
|
|
|
|
|
|
|
|
Total U.S. Treasury Obligations 1.8%
|
|
|
|
|
|
13,142,194
|
|
|
|
|
|
|
|
|
|
Total Long-Term Investments
(Cost $820,188,195) 114.0%
|
|
|
|
|
|
828,231,370
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short-Term
Securities
|
|
Shares
|
|
Value
|
|
|
|
|
|
|
|
BlackRock Liquidity Funds,
TempFund, Institutional Class,
0.17% (f)(g)
|
|
|
1,323,854
|
|
$
|
1,323,854
|
|
|
|
|
|
|
|
|
|
Total
Short-Term Securities
(Cost $1,323,854) 0.2%
|
|
|
|
|
|
1,323,854
|
|
|
|
|
|
|
|
|
|
Total
Investments
(Cost $821,512,049*) 114.2%
|
|
|
|
|
|
829,555,224
|
|
Liabilities in Excess of Other Assets (14.2)%
|
|
|
|
|
|
(103,069,783
|
)
|
|
|
|
|
|
|
|
|
Net Assets 100.0%
|
|
|
|
|
$
|
726,485,441
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*
|
The cost and unrealized
appreciation (depreciation) of investments as of January 31, 2011, as
computed for federal income tax purposes were as follows:
|
|
|
|
|
|
|
|
Aggregate cost
|
|
$
|
820,831,596
|
|
|
|
|
|
|
|
|
Gross unrealized
appreciation
|
|
$
|
27,463,486
|
|
|
Gross unrealized
depreciation
|
|
|
(18,739,858
|
)
|
|
|
|
|
|
|
|
Net unrealized appreciation
|
|
$
|
8,723,628
|
|
|
|
|
|
|
|
|
|
(a)
|
Security exempt from
registration under Rule 144A of the Securities Act of 1933. These securities
may be resold in transactions exempt from registration to qualified
institutional investors.
|
|
|
(b)
|
All or a portion of
security has been pledged as collateral in connection with open reverse
repurchase agreements.
|
|
|
(c)
|
When-issued security.
Unsettled when-issued transactions were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Counterparty
|
|
Value
|
|
Unrealized
Appreciation
|
|
|
|
|
|
|
|
Banc of America NA
|
|
$
|
2,228,153
|
|
$
|
19,132
|
|
Credit Suisse Securities (USA) LLC
|
|
$
|
2,461,350
|
|
$
|
21,350
|
|
Deutsche Bank Securities, Inc.
|
|
$
|
820,000
|
|
$
|
|
|
JPMorgan Securities, Inc.
|
|
$
|
1,468,537
|
|
$
|
12,383
|
|
Morgan Stanley Capital Services, Inc.
|
|
$
|
2,270,716
|
|
$
|
20,896
|
|
Pershing, LLC
|
|
$
|
682,427
|
|
$
|
6,093
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Variable rate security.
Rate shown is as of report date.
|
|
|
(e)
|
Security is perpetual in
nature and has no stated maturity date.
|
|
|
(f)
|
Investments in companies
considered to be an affiliate of the Fund during the period, for purposes of
Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as
follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Affiliate
|
|
Shares
Held at
October 31,
2010
|
|
Net
Activity
|
|
Shares
Held at
January 31,
2011
|
|
Income
|
|
|
|
|
|
|
|
|
|
|
|
BlackRock Liquidity Funds, TempFund, Institutional Class
|
|
|
26,924,664
|
|
|
(25,600,810
|
)
|
|
1,323,854
|
|
$
|
21,188
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(g)
|
Represents the current
yield as of report date.
|
|
|
|
For Fund compliance
purposes, the Funds industry classifications refer to any one or more of the
industry sub-classifications used by one or more widely recognized market
indexes or rating group indexes, and/or as defined by Fund management. This
definition may not apply for purposes of this report, which may combine such
industry sub-classifications for reporting ease.
|
|
|
|
|
|
|
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV
|
JANUARY 31, 2011
|
5
|
|
|
|
|
|
Schedule of Investments
(continued)
|
BlackRock
Credit Allocation Income Trust IV (BTZ)
|
|
|
|
Reverse repurchase
agreements outstanding as of January 31, 2011 were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest
|
|
Trade
|
|
Maturity
|
|
Net
Closing
|
|
Face
|
|
Counterparty
|
|
Rate
|
|
Date
|
|
Date
|
|
Amount
|
|
Amount
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deutsche Bank Securities,
Inc.
|
|
|
0.20
|
%
|
|
1/04/11
|
|
|
Open
|
|
$
|
13,717,057
|
|
$
|
13,715,000
|
|
BNP Paribas SA
|
|
|
0.39
|
%
|
|
1/05/11
|
|
|
Open
|
|
|
3,161,856
|
|
|
3,161,000
|
|
Deutsche Bank Securities,
Inc.
|
|
|
0.25
|
%
|
|
1/05/11
|
|
|
Open
|
|
|
2,177,422
|
|
|
2,177,044
|
|
Deutsche Bank Securities,
Inc
|
|
|
0.40
|
%
|
|
1/05/11
|
|
|
Open
|
|
|
10,294,059
|
|
|
10,291,200
|
|
UBS Securities
|
|
|
0.38
|
%
|
|
1/05/11
|
|
|
Open
|
|
|
41,413,849
|
|
|
41,405,631
|
|
Credit Suisse Securities
(USA) LLC
|
|
|
0.40
|
%
|
|
1/26/11
|
|
|
Open
|
|
|
7,098,911
|
|
|
7,098,438
|
|
UBS Securities
|
|
|
0.38
|
%
|
|
1/26/11
|
|
|
Open
|
|
|
9,502,779
|
|
|
9,502,177
|
|
UBS Securities
|
|
|
0.38
|
%
|
|
1/27/11
|
|
|
Open
|
|
|
11,941,396
|
|
|
11,941,055
|
|
Credit Suisse Securities
(USA) LLC
|
|
|
0.40
|
%
|
|
1/31/11
|
|
|
Open
|
|
|
2,092,523
|
|
|
2,092,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
$
|
101,399,852
|
|
$
|
101,384,045
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial futures contracts
purchased as of January 31, 2011 were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contracts
|
|
Issue
|
|
Exchange
|
Expiration
|
|
|
Notional
Value
|
|
Unrealized
Depreciation
|
|
|
|
|
|
|
|
|
|
|
|
26
|
|
30-Year
U.S. Treasury Bond
|
|
Chicago
Board of Trade
|
March
2011
|
|
$
|
3,271,012
|
|
$
|
(134,762)
|
16
|
|
30-Year
Ultra Long Term
|
|
|
|
|
|
|
|
|
|
|
|
U.S.
Treasury Bond
|
|
Chicago
Board of Trade
|
March
2011
|
|
$
|
1,987,526
|
|
|
(17,026)
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
$
|
(151,788)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial futures contracts
sold as of January 31, 2011 were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contracts
|
|
Issue
|
|
Exchange
|
Expiration
|
|
|
Notional
Value
|
|
Unrealized
Depreciation
|
|
|
|
|
|
|
|
|
|
|
|
240
|
|
10-Year
U.S. Treasury Note
|
|
Chicago
Board of Trade
|
March
2011
|
|
$
|
28,987,104
|
|
$
|
(4,146)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit default swaps on
single-name issuers - sold protection outstanding as of January 31, 2011 were
as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuer
|
|
Receive
Fixed
Rate
|
|
Counterparty
|
Expiration
Date
|
Credit
Rating
1
|
|
|
Notional
Amount
(000)
2
|
|
|
Unrealized
Appreciation
(Depreciation)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MBIA Insurance Corp.
|
|
5.00%
|
|
Citibank
NA
|
3/20/12
|
CCC
|
|
$
|
2,400
|
|
$
|
70,999
|
Assured Guaranty Ltd.
|
|
5.00%
|
|
Deutsche
Bank AG
|
3/20/16
|
A+
|
|
$
|
2,525
|
|
|
(41,133)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
$
|
29,866
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
Using Standard and Poors
rating.
|
|
|
2
|
The maximum potential
amount the Fund may pay should a negative event take place as defined under
the terms of agreement.
|
|
|
|
|
|
|
6
|
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV
|
JANUARY 31, 2011
|
|
|
|
|
|
Schedule of Investments
(continued)
|
BlackRock
Credit Allocation Income Trust IV (BTZ)
|
|
|
|
|
Fair Value Measurements -
Various inputs are used in determining the fair value of investments and
derivatives, which are as follows:
|
|
|
|
|
Level 1 price quotations
in active markets/exchanges for identical assets and liabilities
|
|
|
|
|
|
Level 2 other observable
inputs (including, but not limited to: quoted prices for similar assets or
liabilities in markets that are active, quoted prices for identical or
similar assets or liabilities in markets that are not active, inputs other
than quoted prices that are observable for the assets or liabilities (such as
interest rates, yield curves, volatilities, prepayment speeds, loss
severities, credit risks and default rates) or other market-corroborated
inputs)
|
|
|
|
|
|
Level 3 unobservable
inputs based on the best information available in the circumstances, to the
extent observable inputs are not available (including the Funds own
assumptions used in determining the fair value of investments and
derivatives)
|
The inputs or methodologies
used for valuing securities are not necessarily an indication of the risk
associated with investing in those securities. For information about the Funds
policy regarding valuation of investments and other significant accounting
policies, please refer to the Funds most recent financial statements as
contained in its annual report.
The following tables
summarize the inputs used as of January 31, 2011 in determining the fair
valuation of the Funds investments and derivatives:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Valuation Inputs
|
|
Level 1
|
|
Level 2
|
|
Level 3
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
Assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments in Securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-Term Investments:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate Bonds
|
|
|
|
|
$
|
618,223,524
|
|
$
|
280,170
|
|
$
|
618,503,694
|
|
Preferred Securities
|
|
|
|
|
|
185,637,086
|
|
|
|
|
|
185,637,086
|
|
Taxable Municipal Bonds
|
|
|
|
|
|
10,948,396
|
|
|
|
|
|
10,948,396
|
|
U.S. Treasury Obligations
|
|
|
|
|
|
13,142,194
|
|
|
|
|
|
13,142,194
|
|
Short-Term Securities
|
|
$
|
1,323,854
|
|
|
|
|
|
|
|
|
1,323,854
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
1,323,854
|
|
$
|
827,951,200
|
|
$
|
280,170
|
|
$
|
829,555,224
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Derivative
Financial Instruments
1
|
|
|
|
|
|
|
|
|
|
|
|
Valuation Inputs
|
|
Level 1
|
|
Level 2
|
|
Level 3
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
Assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit contracts
|
|
|
|
|
$
|
70,999
|
|
|
|
|
$
|
70,999
|
|
Liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit contracts
|
|
|
|
|
|
(41,133
|
)
|
|
|
|
|
(41,133
|
)
|
Interest rate contracts
|
|
$
|
(155,934
|
)
|
|
|
|
|
|
|
|
(155,934
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
(155,934
|
)
|
$
|
29,866
|
|
|
|
|
$
|
(126,068
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
Derivative financial
instruments are financial futures contracts and swaps, which are shown at the unrealized
appreciation/depreciation on the instrument.
|
|
|
|
|
|
|
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV
|
JANUARY 31, 2011
|
7
|
|
|
|
|
|
Schedule of Investments
(concluded)
|
BlackRock
Credit Allocation Income Trust IV (BTZ)
|
The following table is a
reconciliation of Level 3 investments for which significant unobservable inputs
were used in determining fair value:
|
|
|
|
|
|
|
|
|
|
|
Corporate
Bonds
|
|
|
|
|
|
Assets:
|
|
|
|
|
Balance, as of October 31, 2010
|
|
$
|
280,170
|
|
Accrued discounts/premiums
|
|
|
|
|
Net realized gain (loss)
|
|
|
|
|
Net change in unrealized appreciation/depreciation
2
|
|
|
|
|
Purchases
|
|
|
|
|
Sales
|
|
|
|
|
Transfers in
3
|
|
|
|
|
Transfers out
3
|
|
|
|
|
|
|
|
|
|
Balance, as of January 31, 2011
|
|
$
|
280,170
|
|
|
|
|
|
|
|
|
2
|
The net change in
unrealized appreciation/depreciation on securities still held at January 31,
2011 was $0.
|
|
|
3
|
The Funds policy is to
recognize transfers in and transfers out as of the end of the period of the
event or the change in circumstances that caused the transfer.
|
|
|
|
|
|
|
8
|
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV
|
JANUARY 31, 2011
|
Item 2
|
Controls and Procedures
|
|
|
2(a)
|
The registrant's principal executive and principal financial officers or persons performing similar functions have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the ″1940 Act″)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.
|
|
|
2(b)
|
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
|
|
|
Item 3
|
Exhibits
|
|
|
|
Certifications Attached hereto
|
|
|
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
|
|
BlackRock Credit Allocation Income Trust IV
|
|
|
|
By:
|
/s/ John M. Perlowski
|
|
|
|
John M. Perlowski
|
|
|
Chief Executive Officer (principal executive officer) of
|
|
|
BlackRock Credit Allocation Income Trust IV
|
|
|
|
Date: March 25, 2011
|
|
|
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
|
|
|
|
By:
|
/s/ John M. Perlowski
|
|
|
|
John M. Perlowski
|
|
|
Chief Executive Officer (principal executive officer) of
|
|
|
BlackRock Credit Allocation Income Trust IV
|
|
|
|
Date: March 25, 2011
|
|
|
|
By:
|
/s/ Neal J. Andrews
|
|
|
|
Neal J. Andrews
|
|
|
Chief Financial Officer (principal financial officer) of
|
|
|
BlackRock Credit Allocation Income Trust IV
|
|
|
|
|
Date: March 25, 2011
|
|
|
|
|
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