Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Notification of Sources of Distributions
Franklin Duration Income Trust (FTF) has announced its January 2025 distribution of $0.0615 per share, with sources allocated as 75% from net investment income and 25% from return of capital. For the fiscal year 2024, the Fund's cumulative distribution of $0.7380 per share comprises 66% net investment income, 3% short-term capital gains, and 31% return of capital.
The Fund's performance metrics show a 2.88% average annual total return over the five-year period and a 7.24% cumulative total return for the fiscal period through December 31, 2024. The annualized distribution rate stands at 10.63%. The Fund maintains a managed distribution plan with fixed monthly payments of $0.0615 per share, aiming to narrow the discount between market price and NAV.
Franklin Duration Income Trust (FTF) ha annunciato la distribuzione di gennaio 2025 di $0,0615 per azione, con fonti allocate al 75% da reddito da investimento netto e al 25% da ritorno di capitale. Per l'anno fiscale 2024, la distribuzione cumulativa del Fondo è di $0,7380 per azione, composta per il 66% da reddito da investimento netto, per il 3% da guadagni in conto capitale a breve termine e per il 31% da ritorno di capitale.
I parametri di rendimento del Fondo mostrano un ritorno totale medio annuale del 2,88% nel periodo di cinque anni e un ritorno totale cumulativo del 7,24% per il periodo fiscale fino al 31 dicembre 2024. Il tasso di distribuzione annualizzato si attesta al 10,63%. Il Fondo mantiene un piano di distribuzione gestita con pagamenti mensili fissi di $0,0615 per azione, con l'obiettivo di ridurre il divario tra il prezzo di mercato e il NAV.
Franklin Duration Income Trust (FTF) ha anunciado su distribución de enero de 2025 de $0.0615 por acción, con fuentes asignadas en un 75% de ingresos netos por inversiones y un 25% de retorno de capital. Para el año fiscal 2024, la distribución acumulada del Fondo de $0.7380 por acción está compuesta por un 66% de ingresos netos por inversiones, un 3% de ganancias de capital a corto plazo y un 31% de retorno de capital.
Las métricas de rendimiento del Fondo muestran un retorno total promedio anual del 2.88% durante el período de cinco años y un retorno total acumulado del 7.24% para el período fiscal hasta el 31 de diciembre de 2024. La tasa de distribución anualizada se sitúa en el 10.63%. El Fondo mantiene un plan de distribución gestionada con pagos fijos mensuales de $0.0615 por acción, con el objetivo de reducir la diferencia entre el precio de mercado y el NAV.
프랭클린 듀레이션 인컴 트러스트(FTF)는 2025년 1월 배당금을 주당 $0.0615으로 발표했으며, 자원은 75%가 순 투자 소득에서, 25%가 자본 회수에서 할당되었습니다. 2024 회계 연도 동안의 펀드 누적 배당금은 주당 $0.7380으로, 66%가 순 투자 소득, 3%가 단기 자본 이득, 31%가 자본 회수로 구성됩니다.
펀드의 성과 지표는 5년 기간 동안 평균 연간 총 수익률 2.88%을 보여주며, 2024년 12월 31일까지의 회계 기간 동안 누적 총 수익률 7.24%를 보여줍니다. 연환산 배당률은 10.63%입니다. 펀드는 고정 월 지급액 $0.0615로 구성된 관리 배당 계획을 유지하며, 시장 가격과 NAV 간의 할인율을 좁히는 것을 목표로 하고 있습니다.
Franklin Duration Income Trust (FTF) a annoncé sa distribution de janvier 2025 de 0,0615 $ par action, avec des sources allouées à 75 % d'un revenu d'investissement net et à 25 % d'un retour de capital. Pour l'exercice 2024, la distribution cumulative du Fonds de 0,7380 $ par action se compose de 66 % de revenus d'investissement nets, de 3 % de gains en capital à court terme et de 31 % de retour de capital.
Les indicateurs de performance du Fonds montrent un rendement total moyen annuel de 2,88 % sur une période de cinq ans et un rendement total cumulatif de 7,24 % pour la période fiscale jusqu'au 31 décembre 2024. Le taux de distribution annualisé est de 10,63 %. Le Fonds maintient un plan de distribution gérée avec des paiements mensuels fixes de 0,0615 $ par action, visant à réduire l'écart entre le prix du marché et la NAV.
Franklin Duration Income Trust (FTF) hat seine Ausschüttung für Januar 2025 von $0.0615 pro Anteil angekündigt, wobei die Quellen zu 75% aus Nettoanlageerträgen und zu 25% aus Kapitalrückflüssen stammen. Für das Geschäftsjahr 2024 beträgt die kumulierte Ausschüttung des Fonds $0.7380 pro Anteil, zusammengesetzt aus 66% Nettoanlageerträgen, 3% kurzfristigen Kapitalgewinnen und 31% Kapitalrückflüssen.
Die Leistungskennzahlen des Fonds zeigen eine durchschnittliche jährliche Gesamtrendite von 2,88% über den Zeitraum von fünf Jahren und eine kumulative Gesamtrendite von 7,24% für den Geschäftsjahr bis zum 31. Dezember 2024. Die annualisierte Ausschüttungsquote liegt bei 10,63%. Der Fonds unterhält einen verwalteten Ausschüttungsplan mit festen monatlichen Zahlungen von $0.0615 pro Anteil, um die Diskrepanz zwischen Marktpreis und NAV zu verringern.
- Maintains high annualized distribution rate of 10.63%
- Positive cumulative total return of 7.24% for fiscal period
- 75% of January distribution comes from net investment income
- 31% of fiscal year-to-date distributions represent return of capital
- Relatively modest 2.88% five-year average annual total return
- Fund is distributing more than its income and realized capital gains
Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 |
The Fund’s estimated sources of the distribution to be paid on January 31, 2025 and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for January Monthly Distribution as of December 31, 2024:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Cumulative Estimated Allocations fiscal year-to-date as of December 31, 2024, for the fiscal year ending December 31, 2024:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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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 Fund’s Plan. FTF estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the FTF distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect FTF’s investment performance and should not be confused with ‘yield’ or ‘income’. 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.
Average Annual Total Return (in relation to the change in net asset value (NAV) for the 5-year period ended on 12/31/2024)1 |
Annualized Distribution Rate (as a percentage of NAV for the current fiscal period through 12/31/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 12/31/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 12/31/2024)4 |
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Fund Performance and Distribution Rate Information:
- Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through December 31, 2024. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
- The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through December 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2023 through December 31, 2024, assuming reinvestment of distributions paid.
- The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period (December 31, 2023 through December 31, 2024), as a percentage of the Fund’s NAV as of December 31, 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
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.
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
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For more information, please contact Franklin Templeton at 1-800-342-5236
Source: Franklin Templeton
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