Franklin Limited Duration Income Trust (FTF or the Fund) Reveals Sources of Distribution Payments
In a recent announcement, Franklin Limited Duration Income Trust (FTF) has revealed the estimated distribution for July 2025. The distribution rate remains fixed at $0.0615 per share monthly.
Franklin Limited Duration Income Trust, managed by Franklin Templeton Investments on the New York Stock Exchange, aims to provide consistent monthly distributions to its shareholders. This managed distribution plan is designed to narrow the discount between the market price and the net asset value (NAV) of the trust.
For the fiscal year 2025 year-to-date, the cumulative estimated distribution per share stands at $0.3690. The annualized distribution rate for the current fiscal period through 30th June 2025 is 10.84%.
The breakdown of the July distribution estimate is as follows: net investment income (55%), net realized short-term capital gains (21%), net realized long-term capital gains (0%), and return of capital (24%). It is important to note that a return of capital does not reflect the Fund's investment performance.
As of 30th June 2025, Franklin Resources, Inc., the global investment management organization operating as Franklin Templeton, manages $1.61 trillion in assets under management. The company boasts over 1,500 investment professionals and offices in major financial markets around the world.
Franklin Templeton specializes in fixed income, equity, alternatives, and multi-asset solutions on a global scale. Their mission is to help clients achieve better outcomes through investment management expertise, wealth management, and technology solutions.
The Fund's goal is to generate as much distribution as possible from net ordinary income and short-term capital gains. However, in cases where sufficient distributable income is not available, long-term capital gains and/or return of capital may be distributed to maintain the managed distribution rate.
The cumulative total return for the fiscal period through 30th June 2025 is 3.55%. It is worth mentioning that Franklin Limited Duration Income Trust has experienced a cumulative loss in undistributed net realized and unrealized capital gains and losses totaling $1.3700 per share.
The Board has the authority to amend or terminate the managed distribution plan at any time without prior notice. However, the plan is designed to ensure a steady income stream for shareholders while adhering to the trust's investment strategy.
Investors are advised to consult with their financial advisors to understand the potential implications of the managed distribution plan and the estimated July distribution.
Read also:
- Potential Consequences of Dismantling FEMA Vary Across States
- Railway line in Bavaria threatened by unstable slope - extensive construction site at risk
- Wind Farm Controversy on the Boundary of Laois and Kilkenny
- Delaware's contentious offshore wind project faces uncertainty as the Trump administration reverses course on clean energy initiatives.
%20Reveals%20Sources%20of%20Distribution%20Payments){kind=link}