155,207 Shares in Franklin Limited Duration Income Trust $FTF Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC bought a new position in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 155,207 shares of the company’s stock, valued at approximately $899,000.

Several other hedge funds have also modified their holdings of FTF. Baird Financial Group Inc. boosted its position in shares of Franklin Limited Duration Income Trust by 1.8% in the 2nd quarter. Baird Financial Group Inc. now owns 91,674 shares of the company’s stock valued at $589,000 after purchasing an additional 1,581 shares during the period. Royal Bank of Canada increased its position in shares of Franklin Limited Duration Income Trust by 2.6% in the fourth quarter. Royal Bank of Canada now owns 65,625 shares of the company’s stock worth $404,000 after acquiring an additional 1,642 shares in the last quarter. Accredited Investor Services LLC raised its holdings in shares of Franklin Limited Duration Income Trust by 10.4% during the fourth quarter. Accredited Investor Services LLC now owns 22,819 shares of the company’s stock valued at $140,000 after acquiring an additional 2,156 shares during the period. Moors & Cabot Inc. lifted its position in shares of Franklin Limited Duration Income Trust by 13.2% in the 3rd quarter. Moors & Cabot Inc. now owns 21,500 shares of the company’s stock valued at $137,000 after acquiring an additional 2,500 shares in the last quarter. Finally, Integrity Advisory Solutions LLC boosted its stake in Franklin Limited Duration Income Trust by 17.1% in the 4th quarter. Integrity Advisory Solutions LLC now owns 18,404 shares of the company’s stock worth $113,000 after purchasing an additional 2,684 shares during the period.

Franklin Limited Duration Income Trust Price Performance

Shares of NYSEAMERICAN:FTF opened at $5.80 on Monday. The company’s fifty day moving average is $5.79 and its two-hundred day moving average is $5.88. Franklin Limited Duration Income Trust has a 12-month low of $5.68 and a 12-month high of $6.52.

Franklin Limited Duration Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 23rd will be given a dividend of $0.0615 per share. This represents a c) annualized dividend and a yield of 12.7%. The ex-dividend date of this dividend is Wednesday, September 23rd.

About Franklin Limited Duration Income Trust

Franklin Limited Duration Income Trust (NYSE American: FTF) is a diversified, closed-end management investment company that seeks to provide current income while maintaining a limited interest-rate risk profile. The trust primarily invests in a portfolio of investment-grade fixed-income securities, including corporate bonds, U.S. government and agency obligations, mortgage-backed securities and asset-backed securities. By concentrating on higher-quality credits, the fund aims to deliver a steady stream of income while moderating the impact of rising or volatile interest rates on its net asset value.

To manage duration risk, FTF maintains a target portfolio duration that is shorter than that of broad bond-market indices, typically ranging between two and five years.