Franklin Limited Duration Income Trust Overview
Pro stress-test →Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources that invests primarily in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds. The Fund's primary objective is to provide high, current income, with a secondary objective of capital appreciation.
Strategic Profile
Pro stress-test →The trust maintains an average portfolio duration of between two and five years and normally expects to maintain a weighted average portfolio credit quality of investment grade. The fund focuses on high current income and uses a defined distribution framework, with announcements about monthly dividends and their sources as a recurring theme.
Competitive Landscape
Pro stress-test →FTF competes in the closed-end fixed income fund market against other institutional income-focused products. Primary competitors include other Franklin Templeton fixed income CEFs and closed-end funds from Nuveen, PIMCO, and other major asset managers offering similar high-yield and duration-focused strategies. The fund's defined distribution policy and professional management differentiate it in a market focused on current income generation.
Industry Context
Franklin Limited Duration Income Trust operates in Closed-end fixed income funds.
Key facts
Founded: 2003 · Headquarters: San Mateo, US · Employees: N/A · Revenue: N/A · Market cap: N/A