Guggenheim Capital LLC Buys 281,953 Shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Guggenheim Capital LLC increased its stake in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 54.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 804,510 shares of the company’s stock after acquiring an additional 281,953 shares during the quarter. Guggenheim Capital LLC’s holdings in Franklin Limited Duration Income Trust were worth $5,334,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FTF. LPL Financial LLC increased its stake in shares of Franklin Limited Duration Income Trust by 1,283.0% during the fourth quarter. LPL Financial LLC now owns 874,447 shares of the company’s stock valued at $5,798,000 after buying an additional 811,219 shares during the period. Invesco Ltd. raised its holdings in shares of Franklin Limited Duration Income Trust by 3.4% in the 4th quarter. Invesco Ltd. now owns 832,151 shares of the company’s stock valued at $5,517,000 after purchasing an additional 27,226 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Franklin Limited Duration Income Trust by 13.1% in the 4th quarter. Wells Fargo & Company MN now owns 721,088 shares of the company’s stock worth $4,781,000 after purchasing an additional 83,285 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of Franklin Limited Duration Income Trust by 83.5% during the fourth quarter. Advisors Asset Management Inc. now owns 531,178 shares of the company’s stock valued at $3,522,000 after purchasing an additional 241,778 shares in the last quarter. Finally, GraniteShares Advisors LLC purchased a new position in Franklin Limited Duration Income Trust during the fourth quarter valued at approximately $2,479,000.

Franklin Limited Duration Income Trust Stock Performance

Franklin Limited Duration Income Trust stock opened at $6.14 on Friday. The business has a fifty day moving average of $6.43 and a two-hundred day moving average of $6.40. Franklin Limited Duration Income Trust has a twelve month low of $5.57 and a twelve month high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th will be paid a $0.0615 dividend. The ex-dividend date is Thursday, April 17th. This represents a $0.74 annualized dividend and a yield of 12.02%.

Franklin Limited Duration Income Trust 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.