Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Notification of Sources of Distributions
Franklin Duration Income Trust (FTF) has announced its December 2024 distribution of $0.0615 per share, with 66% coming from net investment income and 34% from return of capital. For the fiscal year-to-date through November 30, 2024, the Fund has distributed $0.6765 per share, comprising 66% net investment income, 3% short-term capital gains, and 31% return of capital.
The Fund's performance metrics show a 3.20% average annual total return over the past 5 years, a 10.53% annualized distribution rate, and a 7.37% cumulative total return for the current fiscal period. 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 una distribuzione per dicembre 2024 di $0.0615 per azione, con il 66% proveniente da reddito da investimento netto e il 34% da rimborso di capitale. Fino al 30 novembre 2024, l'anno fiscale in corso, il Fondo ha distribuito $0.6765 per azione, composto da 66% di reddito da investimento netto, 3% di guadagni in conto capitale a breve termine e 31% di rimborso di capitale.
I parametri di performance del Fondo mostrano un rendimento totale medio annuale del 3.20% negli ultimi 5 anni, un tasso di distribuzione annualizzato del 10.53% e un rendimento totale cumulato del 7.37% per l'attuale periodo fiscale. Il Fondo mantiene un piano di distribuzione gestita con pagamenti mensili fissi di $0.0615 per azione, mirando a ridurre il divario tra il prezzo di mercato e il NAV.
Franklin Duration Income Trust (FTF) ha anunciado su distribución de diciembre de 2024 de $0.0615 por acción, con el 66% proveniente de ingresos netos de inversión y el 34% de reembolso de capital. Hasta el 30 de noviembre de 2024, el Fondo ha distribuido $0.6765 por acción, que comprende 66% de ingresos netos de inversión, 3% de ganancias de capital a corto plazo y 31% de reembolso de capital.
Los indicadores de rendimiento del Fondo muestran un retorno total anual promedio del 3.20% en los últimos 5 años, una tasa de distribución anualizada del 10.53% y un retorno total acumulado del 7.37% para el período fiscal actual. El Fondo mantiene un plan de distribución gestionada con pagos mensuales fijos de $0.0615 por acción, con el objetivo de reducir la diferencia entre el precio del mercado y el NAV.
프랭클린 듀레이션 인컴 트러스트(FTF)는 2024년 12월 주당 $0.0615의 배당금을 발표하였으며, 66%는 순 투자 수익에서, 34%는 자본 환급에서 발생합니다. 2024년 11월 30일까지의 회계 연도 동안 이 펀드는 주당 $0.6765를 배포하였으며, 그 구성은 66% 순 투자 수익, 3% 단기 자본 이득, 31% 자본 환급입니다.
펀드의 성과 지표는 지난 5년 동안 평균 연간 총 수익률 3.20%, 연환산 배당률 10.53%, 현재 회계 기간 동안 누적 총 수익률 7.37%을 보여줍니다. 펀드는 시장 가격과 NAV 간의 할인 폭을 좁히기 위해 주당 $0.0615의 고정 월 지급으로 관리된 배급 계획을 유지합니다.
Franklin Duration Income Trust (FTF) a annoncé une distribution de décembre 2024 de 0,0615 $ par action, avec 66 % provenant des revenus d'investissement nets et 34 % provenant du remboursement de capital. Pour l'exercice fiscal en cours jusqu'au 30 novembre 2024, le Fonds a distribué 0,6765 $ par action, comprenant 66 % de revenus d'investissement nets, 3 % de gains en capital à court terme et 31 % de remboursement de capital.
Les indicateurs de performance du Fonds montrent un rendement total annuel moyen de 3,20 % au cours des 5 dernières années, un taux de distribution annualisé de 10,53 % et un rendement total cumulé de 7,37 % pour la période fiscale actuelle. Le Fonds maintient un plan de distribution géré avec des paiements mensuels fixes de 0,0615 $ par action, visant à réduire l'écart entre le prix du marché et le NAV.
Franklin Duration Income Trust (FTF) hat die Ausschüttung für Dezember 2024 von 0,0615 $ pro Aktie bekannt gegeben, wobei 66 % aus Nettoanlageerträgen und 34 % aus Kapitalrückzahlungen stammen. Für das laufende Geschäftsjahr bis zum 30. November 2024 hat der Fonds 0,6765 $ pro Aktie verteilt, bestehend aus 66 % Nettoanlageerträgen, 3 % kurzfristigen Kapitalgewinnen und 31 % Rückzahlung von Kapital.
Die Leistungskennzahlen des Fonds zeigen eine durchschnittliche jährliche Gesamtrendite von 3,20 % über die letzten 5 Jahre, eine annualisierte Ausschüttungsquote von 10,53 % und eine kumulative Gesamtrendite von 7,37 % für den aktuellen Geschäftsjahrzeitraum. Der Fonds unterhält einen verwalteten Ausschüttungsplan mit festen monatlichen Zahlungen von 0,0615 $ pro Aktie, um den Unterschied zwischen dem Marktpreis und dem NAV zu verringern.
- Consistent monthly distribution of $0.0615 per share
- 66% of distribution comes from net investment income
- 7.37% cumulative total return for the fiscal period
- 10.53% annualized distribution rate
- 34% of monthly distribution represents return of capital
- 31% of year-to-date distributions represent return of capital
- Relatively modest 3.20% five-year average annual total return
Insights
The fund's distribution details reveal important insights for income-focused investors. The monthly distribution of
The fund's
The managed distribution plan's fixed monthly payout of
The
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 December 31, 2024 and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for December Monthly Distribution as of November 30, 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 November 30, 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 11/30/2024)1 |
Annualized Distribution Rate (as a percentage of NAV for the current fiscal period through 11/30/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 11/30/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 11/30/2024)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 November 30, 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 November 30, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2023 through November 30, 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 November 30, 2024), as a percentage of the Fund’s NAV as of November 30, 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
FAQ
What is FTF's current monthly distribution amount per share?
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What is FTF's year-to-date distribution total for fiscal year 2024?
What is FTF's 5-year average annual total return as of November 2024?
What percentage of FTF's fiscal year-to-date distributions represents return of capital?
