Franklin Limited Duration Income Trust filings document proxy and governance matters for a closed-end income fund with common shares of beneficial interest. Its Schedule 14A definitive proxy materials identify the registrant, filing status and shareholder-voting framework used for fund matters.
Regulatory disclosures for FTF are centered on fund oversight, common-shareholder participation and capital-structure context rather than operating-company results.
Franklin Ltd Duration Income Trust ownership disclosure: Morgan Stanley and Parametric Portfolio Associates LLC filed an amended Schedule 13G/A reporting beneficial ownership of 7.5% of the trust's Common Shares of Beneficial Interest. The filing lists shared voting power of 361,939 and shared dispositive power of 3,020,736.
The filing is a joint submission and includes exhibits for a Joint Filing Agreement and subsidiary identification information; signatures from authorized signatories are provided.
FTF submitted a Form N-CEN annual report template covering registrant-level information for a registered investment company. The filing lists detailed principal transaction values across multiple dealer rows, including $574,690,682.32 and $154,669,637.04, among others. The report otherwise contains standard N-CEN sections (fund background, directors, advisers, custodians, securities lending, and attachments) with many fields shown as form fields or placeholders.
The listed principal transactions provide a numeric view of purchase and sale activity with specific dealers but do not include dealer names or registrant identifiers in the excerpt. Timing, named parties, and other identifying data are not present in the provided content.
Franklin Limited Duration Income Trust reports fiscal year results for the period ended December 31, 2025. The Fund posted a 6.31% cumulative total return based on NAV and 4.11% based on market price. Net asset value declined to $6.62 per share and market price to $6.15 per share.
The Fund maintains a managed distribution plan paying a monthly fixed rate of $0.0615 per share; management estimates distributions for the year exceeded available income, and a portion may be a return of capital. The portfolio is diversified across high-yield corporate bonds (41.1%), senior floating-rate interests (26.0%), mortgage-backed securities (14.8%), marketplace loans (12.6%) and other holdings. The Fund used financial leverage equal to 31.32% of the portfolio at 12/31/25.
Franklin Limited Duration Income Trust is soliciting proxies for its Annual Shareholders' Meeting scheduled for October 2, 2025 at 12:00 p.m. ET. Shareholders will vote on the election of two Trustees, Harris J. Ashton and Edith E. Holiday, each nominated for three-year terms through the 2028 meeting. If a signed proxy is returned without voting instructions, it will be voted FOR the nominees. Proxy materials and the proxy card are available at the provided URL, although the online form cannot be used to cast a vote.
The filing discloses governance details including a written Nominating Committee charter (Exhibit A) and an Audit Committee charter (Exhibit B). Independent Trustees also serve across the Franklin Templeton complex (noted as 22 registered investment companies). Compensation disclosures include an annual retainer of $304,000 and a $7,000 per-meeting fee for Independent Trustees. The filing reports aggregate non-audit fees paid to PwC of $190,800 for fiscal 2023 and $471,950 for fiscal 2024, and a beneficial ownership position of 3,756,224 common shares (9.30%) per a Schedule 13G/A filed January 17, 2024.