Allspring Global Investments Holdings LLC Sells 4,168 Shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Allspring Global Investments Holdings LLC decreased its holdings in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 526,823 shares of the company’s stock after selling 4,168 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Franklin Limited Duration Income Trust were worth $3,493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Pathstone Holdings LLC grew its position in shares of Franklin Limited Duration Income Trust by 20.6% in the third quarter. Pathstone Holdings LLC now owns 1,758,725 shares of the company’s stock valued at $11,731,000 after purchasing an additional 300,528 shares during the last quarter. Penserra Capital Management LLC acquired a new position in shares of Franklin Limited Duration Income Trust in the third quarter valued at approximately $7,646,000. Advisors Asset Management Inc. grew its position in shares of Franklin Limited Duration Income Trust by 204.7% in the third quarter. Advisors Asset Management Inc. now owns 289,400 shares of the company’s stock valued at $1,930,000 after purchasing an additional 194,407 shares during the last quarter. Financial Partners Group Inc grew its position in shares of Franklin Limited Duration Income Trust by 242.2% in the fourth quarter. Financial Partners Group Inc now owns 118,600 shares of the company’s stock valued at $786,000 after purchasing an additional 83,945 shares during the last quarter. Finally, Encompass More Asset Management grew its position in shares of Franklin Limited Duration Income Trust by 3.8% in the fourth quarter. Encompass More Asset Management now owns 89,833 shares of the company’s stock valued at $596,000 after purchasing an additional 3,257 shares during the last quarter.

Franklin Limited Duration Income Trust Stock Down 0.9 %

Shares of NYSEAMERICAN:FTF opened at $6.63 on Friday. Franklin Limited Duration Income Trust has a 1 year low of $6.08 and a 1 year high of $6.83.

Franklin Limited Duration Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a $0.0615 dividend. This represents a $0.74 annualized dividend and a dividend yield of 11.13%. The ex-dividend date of this dividend is Tuesday, February 18th.

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.