Franklin Limited Duration Inco:FTF

    Overview

    As of 10/30/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$12.39$14.18-12.62%
    52 Wk Avg$12.93$14.33-9.79%
    52 Wk High$13.33$14.51-7.26%
    52 Wk Low$12.05$13.95-13.74%
    Regular Distribution TypeIncome Only
    Distribution Rate6.00%
    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 10/30/2014

    Total Net Assets:$470.528M
    Total Common Assets:$380.529M
    Common Shares Outstanding:26,835,650
    Leverage

    As of 3/31/2014

    Preferred Share Assets: $90.000M
    Type of Preferred: Auction preferred stock
    Total Debt (USD):
    Structural Leverage (USD): $90.000M
    Structural Leverage (%): 18.93%
    Effective Leverage (USD): $90.000M
    Effective Leverage (%): 18.93%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 3/31/2014

      Per Common Share
    Management Fees1.00%
    Other Expenses:0.10%
    Baseline Expense: 1.10%
    Interest Expense:0.00%
    Total: 1.10%

    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)

    Basics
    Category:Taxable Income-Limited Duration
    Ticker:FTF
    NAV Ticker:XFTFX
    Average Daily Volume (shares):78,000
    Average Daily Volume (USD):$1.012M
    Inception Date:8/27/2003
    Inception Share Price:$15.00
    Inception NAV:$14.30
    Tender Offer:No
    Term:No
    Fiscal Year End:March 31
    Third Party Links & Reports

    Distributions

    As of 10/30/2014

    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
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 3/31/2014
    $0.0620
    Annualized Distribution Rate on NAV:
    As of 10/30/2014
    5.25%
    Total Return on NAV (12 months):
    As of 10/30/2014
    5.15%
    Avg. UNII Per Share:
    As of 3/31/2014
    $0.0057
    Total % Portfolio Effectively Leveraged:
    As of 10/30/2014
    18.93%

    Pricing Information

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

    As of 10/30/2014

    PeriodAvg Discount
    6 Month-10.52%
    1 Year-9.79%
    3 Year-3.89%
    5 Year-4.25%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/30/2014
    Category: Limited Duration Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD0.48%4.44%2.20%4.52%
    2013-3.40%6.96%-3.04%4.12%
    201217.49%14.03%18.27%13.04%
    20118.25%4.04%3.77%3.92%
    201018.15%13.78%16.44%13.11%
    200955.47%50.10%64.61%50.19%
    2008-19.65%-23.88%-24.01%-25.31%
    2007-6.72%2.05%-6.66%3.47%
    200617.76%7.95%19.83%8.35%
    2005-8.35%3.88%-7.64%2.35%
    20048.81%8.95%11.16%8.74%
    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 10/30/2014
    Category: Limited Duration Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Duration:
    As of 1/31/2014
    4.00 yrs
    Number of Holdings:
    As of 6/30/2014
    389
    Annual Portfolio Turnover:
    As of 3/31/2014
    318.60%
    Average Bond Price:
    $11.99
    Asset Allocation

    As of 3/31/2014 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2014 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Senior Loans 41.19%
    Debt - Corp High Yield 39.03%
    Debt - Mort-backed Sec 25.71%
    Debt - Asset-Backed Sec 7.22%
    Money Market Fund 3.94%
    Debt - Municipal 1.33%
    Debt - Foreign Govt 0.98%
    Debt - Short 0.25%
    General Equity 0.09%
    Debt - Convertible Prefs 0.07%
    Top Holdings

    As of 6/30/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Fnma 30 Year, 3.00% 3.00 01 Apr 2043$40.78M8.53%
    FNMA 4% 4.00 01 Jun 2041$32.75M6.85%
    Institutional Fiduciary Trust Money Mark$19.79M4.14%
    FNMA 5% 5.00 01 Jul 2039$9.37M1.96%
    FHLMC 4% 4.00 01 Oct 2041$8.48M1.77%
    Gnma Ii Sf 30 Year, 3.50% 3.50 01 Oct 2042$5.17M1.08%
    Trans Union Llc, 2014 Replacement Term L 4.00 09 Apr 2021$4.05M0.85%
    Trans Digm Inc., Tranche C Term Loan, 3. 3.75 28 Feb 2020$3.96M0.83%
    FNMA 4% 4.00 01 Feb 2041$3.76M0.79%
    Cumulus Media Holdings Inc., Term Loans, 4.25 23 Dec 2020$3.49M0.73%
    Intelsat Jackson Holdings Sa, Tranche B- 3.75 30 Jun 2019$3.42M0.72%
    Country Allocation

    As of 3/31/2014 reported by Fund Sponsor

    Country% Portfolio
    Global 74.02%
    USA 25.98%

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