Franklin Limited Duration Income Trust Stock Price, News & Analysis

Franklin Limited Duration Income Trust (FTF) announced its estimated sources of distribution for January 14, 2022, detailing a total distribution of $0.0756 per share. This includes 53% from net investment income and 39% as a return of capital. The Fund's Board authorized a managed distribution plan aiming for a minimum annual rate of 10% based on the average monthly NAV. As of November 30, 2021, FTF's average annual total return was 2.69%, while its annualized distribution rate was 10.16%. Shareholders are cautioned that the distribution does not reflect the Fund's investment performance.

Franklin Limited Duration Income Trust (FTF) announced a transferable rights offering for shareholders to acquire additional common shares. Each shareholder will receive one transferable right for every common share held as of the record date on January 19, 2022. The pricing structure will depend on a formula related to the average sales price of the shares around the expiration date, which is set for February 17, 2022. Additionally, shareholders who fully exercise their rights can subscribe for excess shares. The Fund believes this offering will enhance its asset base and expense efficiency.

Franklin Limited Duration Income Trust (FTF) has announced the estimated sources of its upcoming distribution set for December 15, 2021. The monthly distribution is $0.0763 per share, comprising $0.0428 (56%) from net investment income, $0.0010 (1%) from short-term capital gains, and $0.0325 (43%) as a return of capital. Cumulative allocations for fiscal year-to-date, ending October 31, 2021, amount to $0.7808 per share. Shareholders should note that a portion of these distributions may represent a return of capital.

Franklin Limited Duration Income Trust (FTF) has announced the estimated sources of distributions for the fiscal year 2021, with a distribution per share of $0.0770 on November 15, 2021. The breakdown is $0.0437 (57%) from net investment income, $0.00 (0%) from short-term capital gains, $0.00 (0%) from long-term capital gains, and $0.0333 (43%) as a return of capital. The fund aims for a minimum annual distribution rate of 10% based on average NAV, subject to continuous review. Investors are advised not to interpret these distributions as a direct reflection of investment performance.

Franklin Limited Duration Income Trust (NYSE: FTF) has issued a notification regarding its sources of distribution for the fiscal year-to-date, scheduled for payment on October 15, 2021. The estimated monthly distribution per share is $0.0770, with allocations including net investment income (53%), short-term capital gains (5%), and return of capital (42%). Cumulative estimates reveal a year-to-date distribution of $0.6268 per share. The Fund emphasizes that distributions should not be confused with investment performance, as a portion may be a return of capital.

Franklin Limited Duration Income Trust (FTF) announced a distribution of $0.0770 per common share, payable on October 15, 2021, for shareholders of record on September 30, 2021. The Fund has adopted a managed distribution plan, intending to provide a 10% annual fixed rate based on the prior month's average net asset value (NAV). However, distributions may include returns of capital or long-term capital gains if investment income is insufficient. The Board may amend or terminate the plan without prior notice, and it could adversely affect the market price of the Fund's shares.