Franklin Limited Duration Inco:FTF


    As of 11/27/2015

    52 Wk Avg$11.80$13.58-13.18%
    52 Wk High$12.41$14.11-11.05%
    52 Wk Low$10.80$12.69-16.44%
    Regular Distribution TypeIncome Only
    Distribution Rate6.85%
    Distribution Amount$0.0620
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income and capital appreciation through investment in high yield corporate bonds, floating rate bank loans and mortgage and other asset backed securities

    Capital Structure

    As of 11/27/2015

    Total Net Assets:$430.560M
    Total Common Assets:$340.545M
    Common Shares Outstanding:26,835,650

    As of 3/31/2015

    Preferred Share Assets: $90.000M
    Type of Preferred: Auction preferred stock
    Total Debt (USD):
    Structural Leverage (USD): $90.000M
    Structural Leverage (%): 19.47%
    Effective Leverage (USD): $90.000M
    Effective Leverage (%): 19.47%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 3/31/2015

      Per Common Share
    Management Fees1.03%
    Other Expenses:0.09%
    Baseline Expense: 1.12%
    Interest Expense:0.00%
    Total: 1.12%

    Fund Management

    Fund Sponsor
    Franklin Advisers, Inc

    Portfolio Managers
    Roger A. Bayston (26 Aug 2003) / Richard S. Hsu (30 Nov 2006) / Chris Molumphy (26 Aug 2003) / Eric G. Takaha (26 Aug 2003)

    Category:Taxable Income-Limited Duration
    NAV Ticker:XFTFX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:8/27/2003
    Inception Share Price:$15.00
    Inception NAV:$14.30
    Tender Offer:No
    Fiscal Year End:March 31
    Third Party Links & Reports


    As of 11/27/2015

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 3/31/2015
    Annualized Distribution Rate on NAV:
    As of 11/27/2015
    Total Return on NAV (12 months):
    As of 11/27/2015
    Avg. UNII Per Share:
    As of 3/31/2015
    Total % Portfolio Effectively Leveraged:
    As of 11/27/2015

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 11/27/2015

    PeriodAvg Discount
    6 Month-14.12%
    1 Year-13.18%
    3 Year-8.71%
    5 Year-5.77%
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 11/27/2015
    Category: Limited Duration Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/27/2015
    Category: Limited Duration Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2015
    Annual Portfolio Turnover:
    As of 3/31/2015
    Average Bond Price:
    Asset Allocation

    As of 5/30/2015 reported by Fund Sponsor

    Top Sectors

    As of 5/30/2015 reported by Fund Sponsor

    Debt - Corporate 41.93%
    Debt - Senior Loans 41.74%
    Debt - Mort-backed Sec 22.09%
    Debt - Asset-Backed Sec 11.53%
    Debt - Short 2.85%
    Debt - Municipal 0.72%
    Debt - Convertible Prefs 0.04%
    General Equity 0.02%
    Net Current Assets -20.93%
    Top Holdings

    As of 6/30/2015 reported by Fund Sponsor

    HoldingValue% Portfolio
    Fnma 30 Year, 3.50% 3.50 01 Apr 2045$27.67M6.07%
    Chrysler Group Llc, Tranche B Term Loan, 4.00 01 Jul 2045$16.63M3.65%
    Gnma Ii Sf 30 Year, 3.50% 3.50 01 Oct 2042$15.44M3.38%
    FNMA 3% 3.00 01 Aug 2027$12.20M2.68%
    Institutional Fiduciary Trust Money Mark$9.25M2.03%
    Bright Horizons Family Solutions Llc, Te 2.50 01 Jul 2030$8.69M1.91%
    FHLMC 3.5% 3.50 01 Aug 2042$8.21M1.80%
    Tronox Pigments (Netherlands) Bv, Term L 4.25 19 Mar 2020$3.93M0.86%
    Money Gram International Inc., Term Loan 4.25 27 Mar 2020$3.91M0.86%
    Community Health Systems Inc., 2021 Term 3.75 31 Dec 2019$3.90M0.85%
    Trans Union Llc, 2015 Term B-2 Loans, 3. 3.75 09 Apr 2021$3.86M0.85%
    Country Allocation

    As of 5/30/2015 reported by Fund Sponsor

    Country% Portfolio
    USA 55.26%
    Global 44.06%
    Malaysia 0.69% makes data for the universe of closed-end funds available as a courtesy to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.


    Distribution type sourced from Morningstar. does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 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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