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

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Franklin Duration Income Trust (FTF) has announced a monthly distribution of $0.0615 per share, payable on November 29, 2024, to shareholders of record on November 18, 2024. The Fund's managed distribution plan aims to provide consistent monthly distributions and narrow the discount between market price and NAV. While the Fund focuses on generating distributions from net ordinary income and short-term capital gains, it may distribute long-term capital gains or return capital to maintain its rate. The Fund's Board can amend or terminate the Plan, which undergoes yearly review. Franklin Templeton, the parent company, manages over $1.6 trillion in assets and operates globally with more than 1,500 investment professionals.

Franklin Duration Income Trust (FTF) ha annunciato una distribuzione mensile di $0,0615 per azione, pagabile il 29 novembre 2024, ai azionisti registrati il 18 novembre 2024. Il piano di distribuzione gestito dal Fondo mira a fornire distribuzioni mensili costanti e a ridurre il disguido tra il prezzo di mercato e il NAV. Mentre il Fondo si concentra sulla generazione di distribuzioni a partire dal reddito ordinario netto e dai guadagni in conto capitale a breve termine, può distribuire guadagni in conto capitale a lungo termine o restituire capitale per mantenere il suo tasso. Il Consiglio di Amministrazione del Fondo può modificare o terminare il Piano, che viene esaminato annualmente. Franklin Templeton, la società madre, gestisce oltre $1,6 trilioni in attivi e opera a livello globale con più di 1.500 professionisti degli investimenti.

Franklin Duration Income Trust (FTF) ha anunciado una distribución mensual de $0.0615 por acción, pagadera el 29 de noviembre de 2024, a los accionistas registrados el 18 de noviembre de 2024. El plan de distribución gestionado por el Fondo tiene como objetivo proporcionar distribuciones mensuales consistentes y reducir la discrepancia entre el precio de mercado y el NAV. Si bien el Fondo se enfoca en generar distribuciones a partir de ingresos ordinarios netos y ganancias de capital a corto plazo, puede distribuir ganancias de capital a largo plazo o devolver capital para mantener su tasa. La Junta del Fondo puede modificar o terminar el Plan, que se revisa anualmente. Franklin Templeton, la empresa matriz, gestiona más de $1.6 billones en activos y opera a nivel global con más de 1,500 profesionales de inversiones.

프랭클린 듀레이션 인컴 트러스트 (FTF)는 주주들에게 주당 $0.0615의 월 배당금을 발표했으며, 이는 2024년 11월 29일에 지급되고 2024년 11월 18일 기준 주주에게 지급됩니다. 이 펀드의 관리 배당 계획은 일관된 월 배당금을 제공하고 시장 가격과 NAV 간의 할인폭을 줄이는 것을 목표로 합니다. 펀드는 순수한 일반 소득 및 단기 자본 이득으로부터 배당금을 생성하는 데 집중하지만, 장기 자본 이득을 분배하거나 자본을 반환할 수 있습니다. 펀드 이사회는 계획을 수정하거나 종료할 수 있으며, 이는 매년 검토됩니다. 모회사인 프랭클린 템플턴은 $1.6 조 이상의 자산을 관리하며 1,500명 이상의 투자 전문가와 함께 전 세계에서 운영되고 있습니다.

Franklin Duration Income Trust (FTF) a annoncé une distribution mensuelle de $0,0615 par action, payable le 29 novembre 2024, aux actionnaires enregistrés le 18 novembre 2024. Le plan de distribution géré par le Fonds vise à fournir des distributions mensuelles cohérentes et à réduire l'écart entre le prix du marché et la valeur liquidative (NAV). Bien que le Fonds se concentre sur la génération de distributions à partir de revenus ordinaires nets et de gains en capital à court terme, il peut distribuer des gains en capital à long terme ou restituer du capital pour maintenir son taux. Le conseil d'administration du Fonds peut modifier ou mettre fin au Plan, qui est examiné chaque année. Franklin Templeton, la société mère, gère plus de $1,6 trillion d'actifs et opère à l'échelle mondiale avec plus de 1 500 professionnels de l'investissement.

Franklin Duration Income Trust (FTF) hat eine monatliche Ausschüttung von $0,0615 pro Aktie bekannt gegeben, die am 29. November 2024 an die Aktionäre ausgezahlt wird, die am 18. November 2024 registriert sind. Der verwaltete Ausschüttungsplan des Fonds zielt darauf ab, konsistente monatliche Ausschüttungen bereitzustellen und den Rabatt zwischen dem Marktpreis und dem NAV zu verringern. Während der Fonds sich darauf konzentriert, Ausschüttungen aus Netto-Ordinary Income und kurzfristigen Kapitalgewinnen zu generieren, kann er auch langfristige Kapitalgewinne ausschütten oder Kapital zurückgeben, um seine Rate zu halten. Der Vorstand des Fonds kann den Plan ändern oder beenden, der jährlich überprüft wird. Franklin Templeton, die Muttergesellschaft, verwaltet über $1,6 Billionen an Vermögenswerten und ist weltweit mit mehr als 1.500 Investmentprofis tätig.

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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 November 29, 2024, to shareholders of record on November 18, 2024 (Ex-Dividend Date: November 18, 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 and risk profile. To the extent that sufficient distributable income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate. A return of capital may occur, for example, when some or all of the money that was invested in the Fund is paid back to shareholders. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”. Even though the Fund may realize current year capital gains, such gains may be offset, in whole or in part, by the Fund’s capital loss carryovers from prior years.

The Board may amend the terms of the Plan or terminate the Plan at any time without prior notice to the Fund’s shareholders. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common shares. The Plan will be subject to the periodic review by the Board, including a yearly review of the fixed rate to determine if an adjustment should be made.

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Plan. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.

For further information on Franklin Limited Duration Income Trust, please
v
isit 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 September 30, 2024. For more information, please visit franklintempleton.com.

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

Source: Franklin Templeton

FAQ

What is the monthly distribution amount for Franklin Duration Income Trust (FTF) announced for November 2024?

Franklin Duration Income Trust (FTF) announced a monthly distribution of $0.0615 per share, payable on November 29, 2024.

When is the ex-dividend date for FTF's November 2024 distribution?

The ex-dividend date for FTF's November 2024 distribution is November 18, 2024.

What is the purpose of FTF's managed distribution plan?

FTF's managed distribution plan aims to provide shareholders with consistent monthly distributions and narrow the discount between the market price and the net asset value (NAV) of the Fund's common shares.

How does FTF generate its monthly distributions?

FTF primarily aims to generate distributions from net ordinary income and short-term capital gains, but may also distribute long-term capital gains or return capital to maintain its managed distribution rate.

Franklin Limited Duration Income Trust Common Shrs. of Beneficial Interest

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