FTF - Franklin Limited Duration Incom

NYSE American - NYSE American Delayed Price. Currency in USD
8.99
-0.12 (-1.32%)
At close: 4:00PM EST
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Previous Close9.11
Open9.12
Bid8.67 x 800
Ask9.40 x 800
Day's Range8.94 - 9.12
52 Week Range8.94 - 12.04
Volume293,386
Avg. Volume217,858
Market Cap203.211M
Beta (3Y Monthly)0.50
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.09 (11.81%)
Ex-Dividend Date2018-11-29
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire16 days ago

    Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend Distribution and Portfolio Management Change

    The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0910 per common share payable December 14, 2018, to shareholders of record as of November 30, 2018.  It is currently estimated that $0.0373 per share represents net investment income and $0.0537 per share represents return of principal. The Fund also announced that, effective December 31, 2018, Sonal Desai, Ph.D., will join Roger Bayston, CFA®, Glenn Voyles, CFA®, Madeline Lam and Justin Ma, CFA®, as members of the Fund’s portfolio management team, and Chris Molumphy, CFA®, will depart from the Fund’s portfolio management team following his retirement from Franklin Templeton Investments. The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10%, based on the average monthly net asset value (NAV) of the Fund’s common shares.

  • GlobeNewswirelast month

    Franklin Limited Duration Income Trust Declares Monthly Distribution

    Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0910 per common share, payable December 14, 2018, to shareholders of record on November 30, 2018 (Ex-Dividend Date: November 29, 2018). The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10%, based on the average monthly net asset value (NAV) of the Fund’s common shares.

  • GlobeNewswirelast month

    Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend Distribution

    The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0953 per common share payable November 15, 2018, to shareholders of record as of October 31, 2018. The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10%, based on the average monthly net asset value (NAV) of the Fund’s common shares. The plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the NAV of the Fund’s common shares, but there is no assurance that the plan will be successful in doing so.

  • GlobeNewswire2 months ago

    Franklin Limited Duration Income Trust Oversubscribed Rights Offering Raising Over $67 Million

    Franklin Limited Duration Income Trust (the “Fund”) [NYSE American: FTF] (CUSIP 35472T101) is pleased to announce the successful completion of its transferable rights offering (the “Offer”), which is expected to result in the issuance of approximately 7.5 million common shares.  The final subscription price for the common shares to be issued was $8.99, which was equal to 92.5% of the average of the last reported sale price of the Fund’s common shares on the NYSE American on October 18, 2018 and each of the four preceding trading days.  The Offer was over-subscribed. The common shares subscribed for will be issued after completion of the pro rata allocation of the over-subscription shares, if any, and receipt of all shareholder payments.

  • GlobeNewswire2 months ago

    Franklin Limited Duration Income Trust Declares Monthly Distribution

    Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0953 per common share, payable November 15, 2018, to shareholders of record on October 31, 2018 (Ex-Dividend Date: October 30, 2018). The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10%, based on the average monthly net asset value (NAV) of the Fund’s common shares.

  • GlobeNewswire2 months ago

    Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend Distribution

    The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0970 per common share payable October 15, 2018, to shareholders of record as of September 28, 2018.  It is currently estimated that $0.0407 per share represents net investment income and $0.0563 per share represents return of principal. As announced on September 13, 2018, the Board of Trustees of Franklin Limited Duration Income Trust approved a transferable rights offering pursuant to which each shareholder was entitled to receive one transferable right for each common share held on the rights offering record date of September 21, 2018.  Any common shares issued pursuant to the exercise of rights after September 28, 2018 will not receive the October Distribution.  The terms of the rights offering and other relevant information about the offering is included in the prospectus supplement and accompanying prospectus for the rights offering (the “Prospectus”).