Several other closed-end funds run by high-profile names used to command hefty premiums, but now trade at discounts to net asset value. Among them are Jeff Gundlach's DBL and DSL and Pimco's PCI, PDI, PFN, and PFL.
Franklin Templeton Limited Duration Income Trust (FTF) declares $0.083/share monthly dividend, in line with previous. Forward yield 7.02%. For shareholders of record Nov 30. Payable Dec 14. Ex-div date Nov 28. (PR)
Franklin Templeton Duration Income Trust (FTF) declares $0.083/share monthly dividend, in line with previous. Forward yield 6.77%. For shareholders of record Aug 31. Payable Sep 14. Ex-div date Aug 29. (PR)
FTF......nice counterbalance on tough days, long adding on dips only.
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FTF vs. ETF Alternatives
Franklin Templeton Ltd Duration Inc Tr is a closed-end investment company. The Fund invests primarily in mortgage-backed securities and other asset-backed securities; floating rate bank loans; and high yield corporate bonds.