Choreo LLC Buys 1,748 Shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Choreo LLC boosted its holdings in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,982 shares of the company’s stock after purchasing an additional 1,748 shares during the period. Choreo LLC’s holdings in Franklin Limited Duration Income Trust were worth $118,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Pathstone Holdings LLC raised its position in Franklin Limited Duration Income Trust by 20.6% in the 3rd quarter. Pathstone Holdings LLC now owns 1,758,725 shares of the company’s stock worth $11,731,000 after purchasing an additional 300,528 shares during the last quarter. Penserra Capital Management LLC bought a new stake in Franklin Limited Duration Income Trust in the 3rd quarter valued at $7,646,000. Advisors Asset Management Inc. raised its holdings 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 holdings in shares of Franklin Limited Duration Income Trust by 242.2% in the 4th quarter. Financial Partners Group Inc now owns 118,600 shares of the company’s stock valued at $786,000 after acquiring an additional 83,945 shares in the last quarter. Finally, Encompass More Asset Management increased its holdings in Franklin Limited Duration Income Trust by 3.8% during the fourth quarter. Encompass More Asset Management now owns 89,833 shares of the company’s stock worth $596,000 after buying an additional 3,257 shares during the last quarter.

Franklin Limited Duration Income Trust Price Performance

FTF stock opened at $6.70 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. Shareholders of record on Tuesday, February 18th will be issued a $0.0615 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 11.01%. 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.