Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its position in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 204.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 289,400 shares of the company’s stock after purchasing an additional 194,407 shares during the period. Advisors Asset Management Inc.’s holdings in Franklin Limited Duration Income Trust were worth $1,930,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Covenant Partners LLC bought a new position in shares of Franklin Limited Duration Income Trust during the 3rd quarter valued at about $69,000. Oliver Lagore Vanvalin Investment Group boosted its holdings in Franklin Limited Duration Income Trust by 15.7% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 12,519 shares of the company’s stock worth $79,000 after buying an additional 1,700 shares in the last quarter. Choreo LLC acquired a new position in Franklin Limited Duration Income Trust in the second quarter worth approximately $85,000. Avior Wealth Management LLC increased its holdings in shares of Franklin Limited Duration Income Trust by 30.7% in the third quarter. Avior Wealth Management LLC now owns 23,665 shares of the company’s stock valued at $158,000 after buying an additional 5,557 shares in the last quarter. Finally, Calamos Advisors LLC acquired a new stake in shares of Franklin Limited Duration Income Trust during the 2nd quarter valued at $181,000.

Franklin Limited Duration Income Trust Stock Up 0.8 %

Shares of NYSEAMERICAN FTF opened at $6.60 on Monday. Franklin Limited Duration Income Trust has a 52-week low of $6.08 and a 52-week high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be paid a $0.0615 dividend. The ex-dividend date is Monday, November 18th. This represents a $0.74 dividend on an annualized basis and a yield of 11.18%.

Franklin Limited Duration Income Trust Profile

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.