Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) declared a monthly dividend on Wednesday, October 14th. Shareholders of record on Friday, October 23rd will be given a dividend of $0.0615 per share on Friday, October 30th. This represents a $0.74 annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend is Friday, October 23rd.
Franklin Limited Duration Income Trust Price Performance
NYSEAMERICAN:FTF opened at $5.32 on Thursday. Franklin Limited Duration Income Trust has a 1-year low of $5.29 and a 1-year high of $6.35. The firm has a fifty day simple moving average of $5.62 and a 200 day simple moving average of $5.76.
Franklin Limited Duration Income Trust Company Profile
Franklin Limited Duration Income Trust is a closed-end management investment company listed on the NYSE American under the symbol FTF. The fund seeks to provide current income while maintaining a limited portfolio duration, which is intended to reduce sensitivity to changes in interest rates compared with longer-duration fixed-income investments.
The trust invests primarily in a diversified portfolio of debt securities and other income-producing instruments. Its holdings may include investment-grade and below-investment-grade corporate bonds, floating-rate loans, mortgage-related securities, government and agency obligations, and other fixed-income assets.
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