Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its stake in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 204.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 289,400 shares of the company’s stock after buying an additional 194,407 shares during the quarter. Advisors Asset Management Inc.’s holdings in Franklin Limited Duration Income Trust were worth $1,930,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FTF. Cetera Investment Advisers lifted its holdings in Franklin Limited Duration Income Trust by 2.6% in the 1st quarter. Cetera Investment Advisers now owns 939,598 shares of the company’s stock worth $5,891,000 after buying an additional 23,440 shares in the last quarter. Cetera Advisors LLC purchased a new position in Franklin Limited Duration Income Trust in the first quarter valued at about $5,621,000. Capital Wealth Alliance LLC grew its stake in Franklin Limited Duration Income Trust by 2.8% during the 2nd quarter. Capital Wealth Alliance LLC now owns 84,644 shares of the company’s stock valued at $537,000 after purchasing an additional 2,345 shares in the last quarter. Calamos Advisors LLC purchased a new stake in Franklin Limited Duration Income Trust during the 2nd quarter worth approximately $181,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Franklin Limited Duration Income Trust in the 2nd quarter valued at approximately $5,064,000.

Franklin Limited Duration Income Trust Trading Up 0.8 %

FTF opened at $6.60 on Monday. Franklin Limited Duration Income Trust has a 1-year low of $6.08 and a 1-year high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Monday, November 18th will be issued a $0.0615 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 11.18%. The ex-dividend date of this dividend is Monday, November 18th.

About Franklin Limited Duration Income Trust

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.