Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Shares Sold by Quarry LP

Quarry LP lowered its stake in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 89.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,933 shares of the company’s stock after selling 49,404 shares during the quarter. Quarry LP’s holdings in Franklin Limited Duration Income Trust were worth $38,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in FTF. Avantax Advisory Services Inc. lifted its stake in Franklin Limited Duration Income Trust by 10.1% during the first quarter. Avantax Advisory Services Inc. now owns 17,934 shares of the company’s stock worth $112,000 after purchasing an additional 1,650 shares during the last quarter. Oliver Lagore Vanvalin Investment Group lifted its stake in Franklin Limited Duration Income Trust by 15.7% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 12,519 shares of the company’s stock worth $79,000 after purchasing an additional 1,700 shares during the last quarter. Capital Wealth Alliance LLC lifted its stake in Franklin Limited Duration Income Trust by 2.8% during the second quarter. Capital Wealth Alliance LLC now owns 84,644 shares of the company’s stock worth $537,000 after purchasing an additional 2,345 shares during the last quarter. Powell Investment Advisors LLC lifted its stake in Franklin Limited Duration Income Trust by 25.2% during the first quarter. Powell Investment Advisors LLC now owns 18,320 shares of the company’s stock worth $115,000 after purchasing an additional 3,693 shares during the last quarter. Finally, StoneX Group Inc. lifted its stake in Franklin Limited Duration Income Trust by 11.4% during the first quarter. StoneX Group Inc. now owns 46,790 shares of the company’s stock worth $293,000 after purchasing an additional 4,784 shares during the last quarter.

Franklin Limited Duration Income Trust Price Performance

FTF stock opened at $6.71 on Friday. Franklin Limited Duration Income Trust has a 1 year low of $5.76 and a 1 year high of $6.81.

Franklin Limited Duration Income Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 19th were issued a dividend of $0.0615 per share. This represents a $0.74 dividend on an annualized basis and a yield of 11.00%. The ex-dividend date of this dividend was Thursday, September 19th.

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.