Franklin Limited Duration Income Trust (FTF)
Franklin Limited Duration Income Trust operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $5.36, up 0.19% on the session, giving a market capitalisation of $216.6M. On trailing twelve-month figures it carries a trailing P/E of 12.35, a net margin of 46.8%. Its beta of 0.44 implies it has historically moved less than the broad market.
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. It employs fundamental analysis with a combination of top-down and bottom-up security selection process to create its portfolio. The fund was formerly known as Franklin Templeton Limited Duration Income Trust. Franklin Limited Duration Income Trust was formed on August 27, 2003 and is domiciled in the United States.
Franklin Limited Duration Income Trust is most often compared with the following Financial Services names: