Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Short Interest Update

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 93,100 shares, a growth of 49.7% from the February 28th total of 62,200 shares. Based on an average daily volume of 201,400 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Franklin Limited Duration Income Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FTF. LPL Financial LLC boosted its holdings in shares of Franklin Limited Duration Income Trust by 1,283.0% in the 4th quarter. LPL Financial LLC now owns 874,447 shares of the company’s stock valued at $5,798,000 after acquiring an additional 811,219 shares during the last quarter. Invesco Ltd. lifted its position in Franklin Limited Duration Income Trust by 3.4% during the fourth quarter. Invesco Ltd. now owns 832,151 shares of the company’s stock valued at $5,517,000 after purchasing an additional 27,226 shares during the period. Guggenheim Capital LLC boosted its holdings in Franklin Limited Duration Income Trust by 54.0% in the fourth quarter. Guggenheim Capital LLC now owns 804,510 shares of the company’s stock valued at $5,334,000 after purchasing an additional 281,953 shares during the last quarter. Wells Fargo & Company MN grew its position in Franklin Limited Duration Income Trust by 13.1% during the 4th quarter. Wells Fargo & Company MN now owns 721,088 shares of the company’s stock worth $4,781,000 after purchasing an additional 83,285 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in shares of Franklin Limited Duration Income Trust by 83.5% during the 4th quarter. Advisors Asset Management Inc. now owns 531,178 shares of the company’s stock valued at $3,522,000 after buying an additional 241,778 shares during the last quarter.

Franklin Limited Duration Income Trust Price Performance

Shares of NYSEAMERICAN:FTF remained flat at $6.45 on Friday. The stock had a trading volume of 208,954 shares, compared to its average volume of 203,070. Franklin Limited Duration Income Trust has a twelve month low of $6.08 and a twelve month high of $6.83. The company’s 50-day moving average price is $6.54.

Franklin Limited Duration Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.0615 per share. The ex-dividend date is Monday, March 17th. This represents a $0.74 annualized dividend and a yield of 11.44%.

Franklin Limited Duration Income Trust Company Profile

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.