CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Franklin Limited Duration Income Trust (FTF)

Taxable Bond Funds - Limited Duration Bond Funds

Data as of July 2, 2020
Market Price $8.55 (+ $0.03)
NAV (July 2, 2020) $9.08 (+ $0.04)
Premium / Discount -5.84% (-0.08%)
Fund Info
Inception Aug. 27, 2003
Sponsor Franklin Advisers
Website https://www.franklinte...
Phone (800) 632-2301
Objective: High current income; mortgage and asset backed securities, floating rate bank loans and high yield corporate bonds
Related Indexes
High Income Index
Capital & Leverage
Outstanding Shares 30,138,835
Total Assets (Reported: Dec. 31, 2019) $439M
Estimated Total Assets $355M
Net Assets $274M
Market Cap $258M
Purchases Turnover 168.28%
Sales Turnover 169.89%
Total Leverage 30.73%
Structural Leverage (out of total) 74.85%
Portfolio Leverage (out of total) 25.15%
Expense Ratio 2.20%
Non Lev Exp Ratio 1.17%
Rel Lev Cost 2.30%
Discount Data
Average Discount (3 Yr) -7.02%
Discount Low(3 Yr) -26.43%
Discount High(3 Yr) -1.03%
Discount Rel Range 81.07%
Comp Discount 4.41
Discount St Dev (1Yr) 2.87
Z-Stat (6mo) 0.50
Z-Stat (1Yr) 0.50
Z-Stat (3Yr) 0.47
Comp Z-Stat (6mo) 0.74
Comp Z-Stat (3Yr) 0.83
Distribution Data
Market Yield 10.33%
Income Yield 5.71%
Lev Adj NAV Yield 7.44%
Distribution Frequency M
Current Distribution $0.074
Current Income $0.041
Ex-Date 6/29/20
Payable Date 7/15/20
Div Growth (3yr) -31.66%
Dividend Change 0.8% on 6/19/20
Expected Div 7/20/20
RoC (1yr) 45.54%
RoC (3yr) 51.64%
Tax Dividend Data 2019 2017 - 2019
Income 56.4% 45.2%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 43.6% 54.8%
Volume & Liquidity
Average Daily $ (M) $956
Avg Volume 30 day 94,416
Avg Volume 90 day 111,767
Volume Trend -15.52%
Comp Volume Trend -0.36%
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 95.0%
NAV - Price Correlation (30 d) 44.0%
NAV - Price Correlation (90 d) 90.0%
NAV - Price Correlation (1 Yr) 96.1%
Price St Dev (1Yr) 30.6%
NAV St Dev (1Yr) 10.1%
Earnings / Share (12/31/19) $0.045
Earn Coverage 60.87%
Earnings Trend Up
UNII / Share (12/31/19) $-0.157
Rel UNII -32.10
UNII Trend Down
Bond Specific Data
Maturity 4.13
Duration 1.71
Credit Rating (rbo) BBB
Investment Grade 32.19%
Non Investment Grade 58.55%
Unrated Bonds 9.28%
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 CEFdata.com. 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.

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