Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Stock Holdings Lessened by Moors & Cabot Inc.

Moors & Cabot Inc. trimmed its stake in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 34.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,000 shares of the company’s stock after selling 20,000 shares during the quarter. Moors & Cabot Inc.’s holdings in Franklin Limited Duration Income Trust were worth $241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Powell Investment Advisors LLC increased its holdings in Franklin Limited Duration Income Trust by 25.2% in the first quarter. Powell Investment Advisors LLC now owns 18,320 shares of the company’s stock worth $115,000 after buying an additional 3,693 shares during the last quarter. Matisse Capital increased its holdings in Franklin Limited Duration Income Trust by 37.4% in the first quarter. Matisse Capital now owns 219,397 shares of the company’s stock worth $1,376,000 after buying an additional 59,729 shares during the last quarter. StoneX Group Inc. increased its holdings in Franklin Limited Duration Income Trust by 11.4% in the first quarter. StoneX Group Inc. now owns 46,790 shares of the company’s stock worth $293,000 after buying an additional 4,784 shares during the last quarter. Moloney Securities Asset Management LLC acquired a new position in Franklin Limited Duration Income Trust in the first quarter worth approximately $63,000. Finally, 9258 Wealth Management LLC acquired a new position in Franklin Limited Duration Income Trust in the first quarter worth approximately $171,000.

Franklin Limited Duration Income Trust Price Performance

NYSEAMERICAN:FTF opened at $6.70 on Friday. Franklin Limited Duration Income Trust has a 52 week low of $5.76 and a 52 week high of $6.81.

Franklin Limited Duration Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 19th will be given a $0.0615 dividend. This represents a $0.74 dividend on an annualized basis and a dividend yield of 11.01%. The ex-dividend date of this dividend is Thursday, September 19th.

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.