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Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Portfolio Management Team Update

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Franklin Duration Income Trust (NYSE American: FTF) has announced an update to its Portfolio Management Team, effective September 30, 2024. The new team responsible for the day-to-day oversight of the Fund will consist of Glenn Voyles, Justin Ma, Patrick Klein, and Jon Belk. Sonal Desai will no longer serve as a portfolio manager for the Fund but will continue her role as Chief Investment Officer of Franklin Templeton Fixed Income and manage other Franklin Templeton strategies.

Franklin Resources, Inc., the parent company, is a global investment management organization operating as Franklin Templeton. With over 75 years of investment experience and more than $1.6 trillion in assets under management as of August 31, 2024, the company offers specialized investment management expertise across fixed income, equity, alternatives, and multi-asset solutions.

Franklin Duration Income Trust (NYSE American: FTF) ha annunciato un aggiornamento al suo Team di Gestione del Portafoglio, efficace dal 30 settembre 2024. Il nuovo team responsabile della supervisione quotidiana del Fondo sarà composto da Glenn Voyles, Justin Ma, Patrick Klein e Jon Belk. Sonal Desai non svolgerà più il ruolo di gestore del portafoglio per il Fondo ma continuerà il suo incarico come Chief Investment Officer di Franklin Templeton Fixed Income, gestendo altre strategie di Franklin Templeton.

Franklin Resources, Inc., la società madre, è un'organizzazione globale di gestione degli investimenti operante come Franklin Templeton. Con oltre 75 anni di esperienza negli investimenti e più di 1,6 trilioni di dollari in asset in gestione al 31 agosto 2024, la società offre competenze specializzate nella gestione degli investimenti in reddito fisso, azioni, alternative e soluzioni multi-asset.

Franklin Duration Income Trust (NYSE American: FTF) ha anunciado una actualización de su Equipo de Gestión de Cartera, efectiva a partir del 30 de septiembre de 2024. El nuevo equipo responsable de la supervisión diaria del Fondo estará compuesto por Glenn Voyles, Justin Ma, Patrick Klein y Jon Belk. Sonal Desai ya no ejercerá como gerente de cartera del Fondo, pero continuará su función como Directora de Inversiones de Franklin Templeton Fixed Income y gestionará otras estrategias de Franklin Templeton.

Franklin Resources, Inc., la empresa matriz, es una organización global de gestión de inversiones que opera como Franklin Templeton. Con más de 75 años de experiencia en inversiones y más de 1.6 billones de dólares en activos bajo gestión hasta el 31 de agosto de 2024, la empresa ofrece experiencia especializada en gestión de inversiones en renta fija, acciones, alternativas y soluciones multiactivos.

프랭클린 듀레이션 인컴 트러스트 (NYSE American: FTF)는 2024년 9월 30일부터 발효되는 포트폴리오 관리팀 업데이트를 발표했습니다. 펀드의 일상적인 감독을 담당할 새로운 팀은 글렌 보일스, 저스틴 마, 패트릭 클라인, 그리고 존 벨크로 구성됩니다. 소날 데사이는 더 이상 펀드의 포트폴리오 매니저로 재직하지 않지만, 프랭클린 템플턴 고정 소득의 최고 투자 책임자로서의 역할을 지속하고 프랭클린 템플턴의 다른 전략을 관리할 것입니다.

프랭클린 리소스, Inc.는 모회사로, 프랭클린 템플턴으로 운영되는 글로벌 투자 관리 조직입니다. 2024년 8월 31일 기준으로 75년 이상의 투자 경험과 1.6조 달러 이상의 자산을 관리하며, 회사는 고정 수익, 주식, 대체 투자 및 다중 자산 솔루션 전반에 걸쳐 전문화된 투자 관리 전문 지식을 제공합니다.

Franklin Duration Income Trust (NYSE American: FTF) a annoncé une mise à jour de son Équipe de Gestion de Portefeuille, effective au 30 septembre 2024. La nouvelle équipe responsable de la surveillance quotidienne du Fonds sera composée de Glenn Voyles, Justin Ma, Patrick Klein et Jon Belk. Sonal Desai ne sera plus gestionnaire de portefeuille pour le Fonds mais continuera son rôle de Directrice des Investissements de Franklin Templeton Fixed Income et gérera d'autres stratégies de Franklin Templeton.

Franklin Resources, Inc., la société mère, est une organisation mondiale de gestion d'investissements opérant sous le nom de Franklin Templeton. Forte de plus de 75 ans d'expérience en investissement et de plus de 1,6 trillion de dollars d'actifs sous gestion au 31 août 2024, la société propose une expertise spécialisée en gestion d'investissements dans le domaine des titres à revenu fixe, des actions, des alternatives et des solutions multi-actifs.

Franklin Duration Income Trust (NYSE American: FTF) hat ein Update seines Portfolio-Management-Teams bekannt gegeben, das am 30. September 2024 in Kraft tritt. Das neue Team, das für die tägliche Überwachung des Fonds verantwortlich sein wird, besteht aus Glenn Voyles, Justin Ma, Patrick Klein und Jon Belk. Sonal Desai wird nicht mehr als Portfolio-Manager des Fonds tätig sein, wird jedoch ihre Rolle als Chief Investment Officer von Franklin Templeton Fixed Income fortsetzen und andere Strategien von Franklin Templeton verwalten.

Franklin Resources, Inc., das Mutterunternehmen, ist eine globale Investmentmanagement-Organisation, die als Franklin Templeton fungiert. Mit über 75 Jahren Erfahrung im Investmentbereich und über 1,6 Billionen Dollar an verwalteten Vermögen zum 31. August 2024 bietet das Unternehmen spezialisierte Expertise in der Vermögensverwaltung für festverzinsliche Wertpapiere, Aktien, alternative Anlagen und Multi-Asset-Lösungen.

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SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Limited Duration Income Trust [NYSE American: FTF] today announced a Portfolio Management Team update.

Effective September 30, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

  • Glenn Voyles
  • Justin Ma
  • Patrick Klein
  • Jon Belk

Effective September 30, 2024, Sonal Desai is no longer a portfolio manager of the Fund. Dr. Desai continues to serve as Chief Investment Officer of Franklin Templeton Fixed Income and as portfolio manager to other Franklin Templeton strategies.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

The Fund’s shares are traded on the NYSE American. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.

For further information on Franklin Limited Duration Income Trust, please
visit our web site at: www.franklintempleton.com

Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of August 31, 2024. For more information, please visit franklintempleton.com.

For more information, please contact Franklin Templeton at 1-800-342-5236.

Source: Franklin Limited Duration Income Trust

FAQ

When will the new Portfolio Management Team for Franklin Duration Income Trust (FTF) take effect?

The new Portfolio Management Team for Franklin Duration Income Trust (FTF) will take effect on September 30, 2024.

Who are the new portfolio managers for Franklin Duration Income Trust (FTF)?

The new portfolio managers for Franklin Duration Income Trust (FTF) are Glenn Voyles, Justin Ma, Patrick Klein, and Jon Belk.

Is Sonal Desai leaving Franklin Templeton?

No, Sonal Desai is not leaving Franklin Templeton. She will continue to serve as Chief Investment Officer of Franklin Templeton Fixed Income and as a portfolio manager for other Franklin Templeton strategies.

What is the ticker symbol for Franklin Duration Income Trust?

The ticker symbol for Franklin Duration Income Trust is FTF, traded on the NYSE American.

How much assets under management does Franklin Templeton have as of August 31, 2024?

Franklin Templeton has over $1.6 trillion in assets under management as of August 31, 2024.

Franklin Limited Duration Income Trust Common Shrs. of Beneficial Interest

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San Mateo