Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) announced a monthly dividend on Tuesday, October 13th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.0615 per share on Monday, November 30th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 13.9%. The ex-dividend date of this dividend is Friday, November 20th.
Franklin Limited Duration Income Trust Stock Down 0.7%
Shares of 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 stock’s 50-day simple moving average is $5.62 and its 200-day simple moving average is $5.76.
About Franklin Limited Duration Income Trust
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.
See Also
- Five stocks we like better than Franklin Limited Duration Income Trust
- Mortgage Rates Squeeze FHA Buyers: 3 Housing Stocks to Watch
- UnitedHealth Beats on Earnings, But Investors Question Growth Path
- Swarm Economics: Can XTEND AI Robotics Deliver at Scale?
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
Receive News & Ratings for Franklin Limited Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Limited Duration Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
