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Blackrock Strategic Bond Trust

Closed End Fund
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Copyrights 2006-2007
SGM Publishing
Last update 4/13/2007  
Ticker Symbol  (for Yahoo)                BHD

Exchange                                             NYSE

Closing Price  4/13/2007                     $13.08   

Current Yield                                       7.06%

Ex-Dividend Date                                12th of Month


                     INFO AS OF 4/13/2007
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and Disclosure
What's Your Home Worth?
The BlackRock Strategic Bond Trust, BHD, is a perpetual closed-end taxable bond fund. BHD
commenced operations in February 2002 with the investment objective of seeking total return
through high current income and capital appreciation. Under normal market conditions, the
Trust will invest a significant portion of its total managed assets in bonds that are rated, at the
time of investment, Ba/BB or below by Moody's, S&P or Fitch or that are unrated but judged to
be of comparable quality by BlackRock


Info as of December 31, 2006

Portfolio Statistics


Appx. Size of Fund 110.8M
Average Weighted Maturity 9 years
Total Net Assets $99.9M
Portfolio Assets $108.7M
Average Coupon 7.91%


Expense Ratios


Management Fees 0.55%
Other Expenses 1.09%
Total 1.64%


Top Sectors


MEDIA NON CABLE 13.99%  
AEROSPACE/DEFENSE 6.23%  
ELECTRIC 6.17%  
WIRELINES 6.13%  
TECHNOLOGY 5.15%  
as of 12/31/06


Top Holdings


RAINBOW NATIONAL SERVICES.. 2.42%  
LOCKHEED MARTIN CORPORATION.. 2.04%  
VERIZON NEW ENGLAND INC... 1.97%  
GENERAL ELECTRIC C MTN.. 1.84%  
WELLS FARGO & COMPANY 3.5.. 1.83%  
ROYAL CARIBBEAN CRUISES.. 1.52%  
FORD MOTOR CREDIT COMPANY.. 1.48%  
CASELLA WASTE SYSTEMS 9.75.. 1.48%  
SBC COMMUNICATIONS INC... 1.47%  
NEWS AMERICA INC. 6.2.. 1.41%  


Average Credit Quality


AAA 2.68%  
AA 5.30%  
A 12.75%  
BBB 13.97%  
BB 13.05%  
B 40.40%  
CCC 7.28%  
US Govt & Agency 3.41%  
Unrated 1.15%  
Unknown 0.01%  
Corporate High Income Closed End Funds