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Stock impact report

Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Distribution

Franklin Limited Duration Income Trust Common Shares of Beneficial Interest (FTF) 
Company Research Source: Business Wire
SAN MATEO, Calif.--(BUSINESS WIRE)--FRANKLIN LIMITED DURATION INCOME TRUST [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0615 per share, payable on September 30, 2024, to shareholders of record on September 19, 2024 (Ex-Dividend Date: September 19, 2024).The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0615 per share. The Plan is intended to provide shareholders with consistent distributions each month and is intended to narrow the discount between the market price and the net asset value (“NAV”) of the Fund’s common shares, but there can be no assurance that the Plan will be successful in doing so. The Fund is managed with a goal of generating as much of the distribution as possible from net ordinary income and short-term capital gains, that is consistent with the Fund’s investment strategy Show less Read more
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