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Franklin Limited Duration Income Trust (FTF)

Taxable Bond Funds - Limited Duration Bond Funds

Data as of Sept. 29, 2023
Market Price $6.09 ( $0.00)
NAV (Sept. 29, 2023) $7.03 (+ $0.01)
Fund Listed NYSE MKT
Premium / Discount -13.37% (-0.12%)
Fund Info
Inception Aug. 27, 2003
Website https://www.franklinte...
Phone (800) 632-2301
Location California
Incorporated Delaware
Staggered Board Yes
Term Date N/A
Objective: High current income; mortgage and asset backed securities, floating rate bank loans and high yield corporate bonds
Related Indexes
High Income Index
Taxable Bond & BDC Index
US Bond Index
Capital & Leverage
Outstanding Shares 40,405,374
Total Assets (Reported: June 30, 2023) $423M
Estimated Total Assets $418M
Net Assets $284M
Market Cap $246M
Portfolio Turnover 46.64%
Total Leverage 32.11%
Structural Leverage (out of total) 61.10%
Portfolio Leverage (out of total) 38.90%
Expense Ratio 4.00%
Non Lev Exp Ratio 1.67%
Rel Lev Cost 4.91%
Discount Data
Average Discount (3 Yr) -6.85%
Discount Low(3 Yr) -14.63%
Discount High(3 Yr) 2.47%
Discount Rel Range (3 Yr) 7.39%
Comp Discount -5.86
Discount St Dev (1Yr) 1.22
Z-Stat (6mo) -1.01
Z-Stat (1Yr) -0.98
Z-Stat (3Yr) -1.29
Comp Z-Stat (6mo) -1.28
Comp Z-Stat (3Yr) -0.66
Distribution Data
Market Yield 11.65%
Income Yield 11.65%
Lev Adj NAV Yield 7.64%
Distribution Frequency M
Current Distribution $0.059
Current Income $0.059
Ex-Date 9/15/23
Payable Date 9/29/23
Div Growth (3yr) -23.84%
Dividend Change -0.3% on 9/8/23
Expected Div 10/9/23
RoC (1yr) 6.73%
RoC (3yr) 28.30%
Tax Dividend Data 2022 2020 - 2022
Income 73.1% 63.4%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 26.9% 36.6%
Volume & Liquidity
Average Daily $ (K) $915
Avg Volume 30 day 157,509
Avg Volume 90 day 150,194
Volume Trend 4.87%
Comp Volume Trend 5.49%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): ERC 79.0%
NAV - Price Correlation (30 d) 65.1%
NAV - Price Correlation (90 d) 65.4%
NAV - Price Correlation (1 Yr) 88.7%
Price St Dev (1Yr) 11.4%
NAV St Dev (1Yr) 4.7%
Earnings / Share (6/30/23) $0.053
Earn Coverage 89.85%
Earnings Trend Up
UNII / Share (6/30/23) $-0.162
Rel UNII -22.84
UNII Trend Up
Bond Specific Data
Maturity 4.22
Duration 1.42
Credit Rating (rbo) BB
Investment Grade 27.40%
Non Investment Grade 54.12%
Unrated Bonds 18.49%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index

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NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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