Welcome to our dedicated page for Franklin Duration Income Trust Common Shrs. of Beneficial Interest news (Ticker: FTF), a resource for investors and traders seeking the latest updates and insights on Franklin Duration Income Trust Common Shrs. of Beneficial Interest stock.
Franklin Limited Duration Income Trust (symbol: FTF) is a closed-end investment company based in the United States. The primary objective of the Trust is to provide high, current income to its shareholders, while also striving for capital appreciation as a secondary goal. To achieve these objectives, the Trust invests in a diversified mix of fixed-income securities.
One of the key features of Franklin Limited Duration Income Trust is its focus on high-yield corporate bonds. Additionally, the portfolio includes senior secured floating rate corporate loans, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, common stocks, and other short-term investments. This diverse range of investments helps mitigate risks and aims to optimize returns for the shareholders.
The Trust is managed by Franklin Templeton Investments, a globally renowned investment management organization. With decades of expertise and a robust global presence, Franklin Templeton ensures that the Trust's investments are strategically selected to align with its income and growth objectives. The management team constantly monitors the market conditions and adjusts the portfolio to adapt to changing economic landscapes.
Recent achievements of the Trust include consistent income distributions to shareholders and strategic reallocations of assets to enhance portfolio performance. The Trust also emphasizes maintaining a balance between risk and return, making it a reliable option for investors seeking stable income.
Franklin Limited Duration Income Trust stays committed to transparent communication with its investors, regularly providing updates on portfolio performance, market outlook, and other relevant information. Shareholders can access these updates through various channels, including the company's official website and periodic financial reports.
For those interested in a steady income stream combined with potential for capital growth, Franklin Limited Duration Income Trust offers a compelling investment opportunity. However, as with all investments, it is crucial to consider the associated risks and consult with financial advisors to make informed decisions.
Franklin Duration Income Trust (NYSE American: FTF) has announced its distribution sources for July 31, 2024, and fiscal year 2024 to date. The Fund's July distribution of $0.0615 per share comprises 67% net investment income and 33% return of capital. For the fiscal year-to-date, the $0.3690 per share distribution includes 63% net investment income, 5% net realized short-term capital gains, and 32% return of capital.
The Fund's 5-year average annual total return is 2.62%, with a current annualized distribution rate of 10.45%. The Board has authorized a managed distribution plan at a fixed rate of $0.0615 per share monthly, aiming to narrow the discount between market price and NAV. However, the Fund estimates it has distributed more than its income and net realized capital gains, resulting in a portion being a return of capital.
Franklin Duration Income Trust (NYSE American: FTF) has announced a monthly distribution of $0.0615 per share, payable on July 31, 2024, to shareholders of record on July 18, 2024. The Fund's Board has approved a managed distribution plan aimed at providing consistent monthly distributions and narrowing the discount between market price and NAV. The distributions will primarily come from net ordinary income and short-term capital gains, though long-term capital gains or return of capital may be used if necessary. The Board may amend or terminate the Plan at any time, which could impact the market price of the Fund's shares. Shareholders will receive a Form 1099-DIV for tax reporting purposes. The Fund is managed by Franklin Templeton, a global investment firm with over $1.6 trillion in assets under management as of May 31, 2024.
Franklin Duration Income Trust (FTF) announced the estimated sources of its distributions for June 28, 2024, and for the fiscal year-to-date. For June, the distribution per share is $0.0615, with 77% from net investment income and 23% from return of capital. Year-to-date, the distribution per share is $0.3075, with 60% from net investment income, 5% from short-term capital gains, and 35% from return of capital. The Fund emphasizes that these distributions should not be confused with investment performance. The Board has authorized a managed distribution plan aimed at providing consistent monthly distributions and narrowing the discount between market price and NAV. The plan, which may be amended or terminated without notice, will be reviewed periodically. As of May 31, 2024, Franklin Templeton, managing over $1.6 trillion in assets, oversees the Fund.
The Franklin Duration Income Trust (FTF) announced a monthly distribution from net investment income of $0.0615 per share, payable on June 28, 2024, to shareholders of record on June 18, 2024.
The Fund has a managed distribution plan aiming to provide consistent monthly distributions and narrow the discount between market price and NAV. If there is insufficient distributable income, the Fund will distribute long-term capital gains or return of capital. The Board may amend or terminate the Plan at any time, which could negatively affect the market price. Shareholders should not infer investment performance from distribution amounts.
Franklin Duration Income Trust (FTF) has released its estimated sources of distribution for May 31, 2024, and the fiscal year 2024 to date. The Fund's distribution per share for May is estimated at $0.0615, with 67% from net investment income and 33% from return of capital. For the fiscal year through April 30, 2024, the distribution per share is $0.2460, with 58% from net investment income, 7% from short-term capital gains, and 35% from return of capital.
FTF has distributed more than its income and net realized capital gains, indicating a portion of distributions may be a return of capital. The Fund's average annual total return over five years is 2.25%, with an annualized distribution rate of 10.47%. The cumulative total return for the fiscal period through April 30, 2024, is 1.63%, and the fiscal year-to-date distribution rate is 3.49%.
The Fund's Board has authorized a managed distribution plan aiming for consistent monthly distributions and narrowing the discount between the market price and NAV. However, there is no assurance of success.
Franklin Duration Income Trust (FTF) announced a monthly distribution of $0.0615 per share payable on May 31, 2024, to shareholders of record on May 17, 2024. The managed distribution plan aims to provide consistent monthly distributions to shareholders and narrow the gap between market price and net asset value. The Fund may distribute long-term capital gains or return of capital if there is insufficient distributable income. Shareholders should not assess investment performance based on distribution amounts. Franklin Templeton is a global investment management organization with over $1.6 trillion in assets under management as of March 31, 2024.
Franklin Duration Income Trust (FTF) announces sources of distributions, revealing allocation for April monthly distribution and fiscal year-to-date.
The Fund reports a cumulative loss in undistributed net realized and unrealized capital gains and losses and a return of capital to shareholders.
FTF's managed distribution plan aims to provide consistent monthly distributions, narrowing the gap between market price and net asset value.
The Fund's performance metrics show average annual total return, annualized distribution rate, cumulative total return, and cumulative fiscal year-to-date distribution rate.
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