Franklin Limited Duration Income Trust $FTF Stock Holdings Lowered by Moors & Cabot Inc.

Moors & Cabot Inc. cut its holdings in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 42.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,000 shares of the company’s stock after selling 14,000 shares during the period. Moors & Cabot Inc.’s holdings in Franklin Limited Duration Income Trust were worth $122,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in shares of Franklin Limited Duration Income Trust by 81.2% in the first quarter. LPL Financial LLC now owns 1,584,157 shares of the company’s stock valued at $10,234,000 after buying an additional 709,710 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Franklin Limited Duration Income Trust by 56.7% during the 1st quarter. Advisors Asset Management Inc. now owns 832,593 shares of the company’s stock worth $5,379,000 after acquiring an additional 301,415 shares in the last quarter. Shaker Financial Services LLC grew its holdings in shares of Franklin Limited Duration Income Trust by 22.5% in the 2nd quarter. Shaker Financial Services LLC now owns 672,153 shares of the company’s stock worth $4,315,000 after acquiring an additional 123,481 shares during the last quarter. GraniteShares Advisors LLC grew its holdings in shares of Franklin Limited Duration Income Trust by 6.7% in the 2nd quarter. GraniteShares Advisors LLC now owns 424,579 shares of the company’s stock worth $2,726,000 after acquiring an additional 26,532 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its position in shares of Franklin Limited Duration Income Trust by 3.5% during the first quarter. Kestra Advisory Services LLC now owns 170,134 shares of the company’s stock worth $1,099,000 after purchasing an additional 5,747 shares during the period.

Franklin Limited Duration Income Trust Price Performance

Shares of NYSEAMERICAN FTF opened at $6.15 on Monday. Franklin Limited Duration Income Trust has a 12 month low of $5.57 and a 12 month high of $6.75. The business has a fifty day simple moving average of $6.32 and a 200-day simple moving average of $6.37.

Franklin Limited Duration Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be paid a dividend of $0.0615 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a c) dividend on an annualized basis and a yield of 12.0%.

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.