News stories about Franklin Limited Duration Income Trust of Beneficial Interest (NYSE:FTF) have been trending positive this week, Alpha One reports. The research group, a service of Accern, rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Franklin Limited Duration Income Trust of Beneficial Interest earned a news impact score of 0.35 on Alpha One’s scale. Alpha One also gave news headlines about the company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.

Shares of Franklin Limited Duration Income Trust of Beneficial Interest (NYSE:FTF) traded up 0.33% during midday trading on Thursday, reaching $12.03. 119,923 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $11.99 and a 200 day moving average price of $12.03. Franklin Limited Duration Income Trust of Beneficial Interest has a 12 month low of $11.31 and a 12 month high of $12.45. The company has a market cap of $322.34 million and a P/E ratio of 12.04.

The company also recently announced a monthly dividend, which will be paid on Monday, May 15th. Shareholders of record on Friday, April 28th will be paid a $0.1079 dividend. This represents a $1.29 annualized dividend and a yield of 10.76%. The ex-dividend date is Wednesday, April 26th.

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In other Franklin Limited Duration Income Trust of Beneficial Interest news, major shareholder Saba Capital Management, L.P. sold 126,777 shares of the company’s stock in a transaction that occurred on Friday, February 10th. The stock was sold at an average price of $12.21, for a total value of $1,547,947.17. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders sold 1,993,013 shares of company stock valued at $24,780,971.

5 Day Chart for NYSE:FTF

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