Franklin Limited Duration Income Trust (FTF) To Go Ex-Dividend on October 23rd

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) announced a monthly dividend on Tuesday, October 13th. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.0615 per share on Friday, October 30th. This represents a $0.74 dividend on an annualized basis and a 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. The business’s fifty day moving average price is $5.62 and its 200-day moving average price is $5.76. Franklin Limited Duration Income Trust has a 1-year low of $5.29 and a 1-year high of $6.35.

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.