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Franklin Limited Duration Income Trust - $FTF STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Franklin Duration Income Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Franklin Limited Duration Income Trust (FTF) has released its estimated sources of distribution for July 2023 and the fiscal year 2023 year-to-date. The distribution per share for July is $0.0590, with net investment income accounting for 52%, and return of capital accounting for 48%. For the fiscal year-to-date, the distribution per share is $0.3572, with net investment income accounting for 54%, and return of capital accounting for 46%.
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0.49%
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Rhea-AI Summary
Franklin Limited Duration Income Trust announces a monthly distribution of $0.0590 per share payable on June 30, 2023. The distribution is part of a managed distribution plan aimed at providing shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month. The Fund's common shares will be distributed based on the average monthly net asset value (NAV) of the Fund. The Plan is intended to narrow the discount between the market price and the NAV of the Fund's common shares.
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Franklin Limited Duration Income Trust

NYSE:FTF

FTF Rankings

FTF Stock Data

253.34M
40.41M
45.12%
0.08%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States of America
San Mateo

About FTF

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