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Franklin Limited Duration Income Trust Common Shrs. of Beneficial Interest - FTF STOCK NEWS

Welcome to our dedicated page for Franklin Duration Income Trust Common Shrs. of Beneficial Interest news (Ticker: FTF), a resource for investors and traders seeking the latest updates and insights on Franklin Duration Income Trust Common Shrs. of Beneficial Interest stock.

Franklin Limited Duration Income Trust (symbol: FTF) is a closed-end investment company based in the United States. The primary objective of the Trust is to provide high, current income to its shareholders, while also striving for capital appreciation as a secondary goal. To achieve these objectives, the Trust invests in a diversified mix of fixed-income securities.

One of the key features of Franklin Limited Duration Income Trust is its focus on high-yield corporate bonds. Additionally, the portfolio includes senior secured floating rate corporate loans, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, common stocks, and other short-term investments. This diverse range of investments helps mitigate risks and aims to optimize returns for the shareholders.

The Trust is managed by Franklin Templeton Investments, a globally renowned investment management organization. With decades of expertise and a robust global presence, Franklin Templeton ensures that the Trust's investments are strategically selected to align with its income and growth objectives. The management team constantly monitors the market conditions and adjusts the portfolio to adapt to changing economic landscapes.

Recent achievements of the Trust include consistent income distributions to shareholders and strategic reallocations of assets to enhance portfolio performance. The Trust also emphasizes maintaining a balance between risk and return, making it a reliable option for investors seeking stable income.

Franklin Limited Duration Income Trust stays committed to transparent communication with its investors, regularly providing updates on portfolio performance, market outlook, and other relevant information. Shareholders can access these updates through various channels, including the company's official website and periodic financial reports.

For those interested in a steady income stream combined with potential for capital growth, Franklin Limited Duration Income Trust offers a compelling investment opportunity. However, as with all investments, it is crucial to consider the associated risks and consult with financial advisors to make informed decisions.

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Franklin Duration Income Trust (FTF) announced its October 2024 distribution of $0.0615 per share, with sources comprising 74% from net investment income, 6% from short-term capital gains, and 20% from return of capital. For fiscal year 2024 to date, the total distribution of $0.5535 per share includes 65% from net investment income, 3% from short-term capital gains, and 32% from return of capital. The Fund reported a cumulative loss of $1.6242 per share in undistributed gains/losses, with $0.4691 representing unrealized portfolio depreciation. The Fund's five-year average annual total return is 3.10%, with a current annualized distribution rate of 10.39%.

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Franklin Duration Income Trust (NYSE American: FTF) has announced a monthly distribution of $0.0615 per share, payable on October 31, 2024, to shareholders of record on October 17, 2024. This distribution is part of a managed distribution plan authorized by the Fund's Board of Trustees, aiming to provide consistent monthly distributions and narrow the discount between market price and net asset value of the Fund's shares.

The Fund aims to generate as much of the distribution as possible from net ordinary income and short-term capital gains. If insufficient distributable income is available, the Fund may distribute long-term capital gains or return capital. The Board may amend or terminate the Plan, which could affect the market price of the Fund's shares.

Franklin Resources, Inc., the parent company, is a global investment management organization with over $1.6 trillion in assets under management as of August 31, 2024.

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Franklin Duration Income Trust (NYSE American: FTF) has announced its distribution sources for September 2024 and fiscal year 2024 to date. The Fund's September monthly distribution of $0.0615 per share consists of 71% net investment income, 4% net realized short-term capital gains, and 25% return of capital. For the fiscal year-to-date, the cumulative distribution of $0.4920 per share comprises 64% net investment income, 4% net realized short-term capital gains, and 32% return of capital.

The Fund has experienced a cumulative loss of $1.6354 per share in undistributed net realized and unrealized capital gains and losses, with $0.4783 per share representing unrealized depreciation of portfolio securities. FTF's average annual total return over the past 5 years is 2.97%, with a current annualized distribution rate of 10.39%. The Fund operates under a managed distribution plan, aiming to provide consistent monthly distributions and narrow the discount between market price and NAV.

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Franklin Duration Income Trust (NYSE American: FTF) has announced an update to its Portfolio Management Team, effective September 30, 2024. The new team responsible for the day-to-day oversight of the Fund will consist of Glenn Voyles, Justin Ma, Patrick Klein, and Jon Belk. Sonal Desai will no longer serve as a portfolio manager for the Fund but will continue her role as Chief Investment Officer of Franklin Templeton Fixed Income and manage other Franklin Templeton strategies.

Franklin Resources, Inc., the parent company, is a global investment management organization operating as Franklin Templeton. With over 75 years of investment experience and more than $1.6 trillion in assets under management as of August 31, 2024, the company offers specialized investment management expertise across fixed income, equity, alternatives, and multi-asset solutions.

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Franklin Duration Income Trust (NYSE American: FTF) has announced a monthly distribution of $0.0615 per share, payable on September 30, 2024, to shareholders of record on September 19, 2024. This distribution is part of a managed distribution plan authorized by the Fund's Board of Trustees, aiming to provide consistent monthly distributions and narrow the discount between market price and net asset value (NAV) of the Fund's common shares.

The Fund's goal is to generate as much of the distribution as possible from net ordinary income and short-term capital gains. If insufficient distributable income is available, the Fund may distribute long-term capital gains or return capital. The Board may amend or terminate the Plan, which could affect the market price of the Fund's common shares. Shareholders are advised not to draw conclusions about the Fund's investment performance from the distribution amount or Plan terms.

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Franklin Duration Income Trust (NYSE American: FTF) has announced its distribution sources for August 2024 and the fiscal year 2024 to date. The Fund's August monthly distribution of $0.0615 per share comprises 69% from net investment income and 31% from return of capital. Fiscal year-to-date, the cumulative distribution of $0.4305 per share includes 63% from net investment income, 4% from net realized short-term capital gains, and 33% from return of capital.

The Fund's performance metrics as of July 31, 2024, show an average annual total return of 2.78% over five years, an annualized distribution rate of 10.41%, and a cumulative total return of 4.89% for the fiscal period. FTF operates under a managed distribution plan, aiming to provide consistent monthly distributions and narrow the discount between market price and NAV.

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Franklin Duration Income Trust (NYSE American: FTF) has announced a monthly distribution of $0.0615 per share, payable on August 30, 2024, to shareholders of record on August 19, 2024. The Fund's Board has authorized a managed distribution plan to provide consistent monthly distributions and potentially narrow the discount between market price and NAV of common shares.

The Fund aims to generate distributions from net ordinary income and short-term capital gains, but may also distribute long-term capital gains or return capital to maintain its rate. The Board may amend or terminate the Plan, which could affect the Fund's market price. Shareholders are advised not to draw conclusions about investment performance from distribution amounts or Plan terms.

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Franklin Duration Income Trust (NYSE American: FTF) has announced its distribution sources for July 31, 2024, and fiscal year 2024 to date. The Fund's July distribution of $0.0615 per share comprises 67% net investment income and 33% return of capital. For the fiscal year-to-date, the $0.3690 per share distribution includes 63% net investment income, 5% net realized short-term capital gains, and 32% return of capital.

The Fund's 5-year average annual total return is 2.62%, with a current annualized distribution rate of 10.45%. The Board has authorized a managed distribution plan at a fixed rate of $0.0615 per share monthly, aiming to narrow the discount between market price and NAV. However, the Fund estimates it has distributed more than its income and net realized capital gains, resulting in a portion being a return of capital.

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Franklin Duration Income Trust (NYSE American: FTF) has announced a monthly distribution of $0.0615 per share, payable on July 31, 2024, to shareholders of record on July 18, 2024. The Fund's Board has approved a managed distribution plan aimed at providing consistent monthly distributions and narrowing the discount between market price and NAV. The distributions will primarily come from net ordinary income and short-term capital gains, though long-term capital gains or return of capital may be used if necessary. The Board may amend or terminate the Plan at any time, which could impact the market price of the Fund's shares. Shareholders will receive a Form 1099-DIV for tax reporting purposes. The Fund is managed by Franklin Templeton, a global investment firm with over $1.6 trillion in assets under management as of May 31, 2024.

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Franklin Duration Income Trust (FTF) announced the estimated sources of its distributions for June 28, 2024, and for the fiscal year-to-date. For June, the distribution per share is $0.0615, with 77% from net investment income and 23% from return of capital. Year-to-date, the distribution per share is $0.3075, with 60% from net investment income, 5% from short-term capital gains, and 35% from return of capital. The Fund emphasizes that these distributions should not be confused with investment performance. The Board has authorized a managed distribution plan aimed at providing consistent monthly distributions and narrowing the discount between market price and NAV. The plan, which may be amended or terminated without notice, will be reviewed periodically. As of May 31, 2024, Franklin Templeton, managing over $1.6 trillion in assets, oversees the Fund.

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FAQ

What is the current stock price of Franklin Duration Income Trust Common Shrs. of Beneficial Interest (FTF)?

The current stock price of Franklin Duration Income Trust Common Shrs. of Beneficial Interest (FTF) is $6.475 as of November 4, 2024.

What is the market cap of Franklin Duration Income Trust Common Shrs. of Beneficial Interest (FTF)?

The market cap of Franklin Duration Income Trust Common Shrs. of Beneficial Interest (FTF) is approximately 1.8B.

What is Franklin Limited Duration Income Trust?

Franklin Limited Duration Income Trust (symbol: FTF) is a closed-end investment company that aims to provide high, current income with a secondary objective of capital appreciation.

What types of investments does Franklin Limited Duration Income Trust hold?

The Trust invests in high-yield corporate bonds, senior secured floating rate corporate loans, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, common stocks, and short-term investments.

Who manages Franklin Limited Duration Income Trust?

The Trust is managed by Franklin Templeton Investments, a globally recognized investment management organization.

What is the primary objective of Franklin Limited Duration Income Trust?

The primary objective is to provide high, current income to shareholders, with a secondary goal of capital appreciation.

How does Franklin Limited Duration Income Trust achieve its investment objectives?

The Trust achieves its objectives by investing in a diversified portfolio of fixed-income securities and strategically reallocating assets to optimize returns.

What are the recent achievements of Franklin Limited Duration Income Trust?

Recent achievements include consistent income distributions to shareholders and strategic adjustments to enhance portfolio performance.

How can investors stay updated on Franklin Limited Duration Income Trust's performance?

Investors can access updates through the Trust's official website and periodic financial reports.

What are the risks associated with investing in Franklin Limited Duration Income Trust?

As with all investments, there are risks including potential loss of principal. It is advised to consult with financial advisors before investing.

Is Franklin Limited Duration Income Trust suitable for long-term investment?

The Trust is designed to provide steady income and potential capital growth, making it suitable for long-term investors seeking stable returns.

Where can I find more information about Franklin Limited Duration Income Trust?

More information can be found on Franklin Templeton's official website and through their investment advisers.

Franklin Limited Duration Income Trust Common Shrs. of Beneficial Interest

NYSE:FTF

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1.84B
40.41M
47.36%
0.04%
Asset Management
Financial Services
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United States of America
San Mateo