The Franklin Limited Duration Income Trust (FTF or the Fund) publishes a Notice of Distribution Sources Investing.com

SAN MATEO, Calif.–( BUSINESS WIRE )–Franklin Limited Duration Income Trust [NYSE American: FTF]:

The estimated sources of distribution of the Fund that will be paid out on December 31, 2024 and for the fiscal year 2024 to date are as follows:

Estimated allocations for the December monthly distribution as of November 30, 2024:

Fiscal year-to-date cumulative estimated allocations on November 30, 2024 for the fiscal year ending December 31, 2024:

Shareholders should not draw conclusions about the success of the Fund’s investment from the amount of the current distribution or from the conditions of the Fund’s Plan. FTF estimates that it has distributed more than its income and net realized capital gains; therefore, part of the FTF distribution to shareholders may be a return of capital. Return of capital may occur, for example, when a shareholder receives back some or all of the money he invested in the Fund. Return on capital distribution does not necessarily reflect the FTF’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions listed here are estimates only and are not provided for tax reporting purposes. Actual amounts and sources of amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to change based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distribution for federal income tax purposes.

Information on fund performance and distribution rate:

1. The average annual total return in relation to NAV represents the compound average of the annual total returns of the Fund’s NAV for the five-year period ending on November 30, 2024. The annual total return of NAV is the percentage change in the NAV of the Fund during the year, assuming reinvestment paid distributions.
2. The annual distribution rate is the distribution rate of the current fiscal period expressed on an annual basis as a percentage of the Fund’s NAV until November 30, 2024.
3. The cumulative total return is the percentage change in the Fund’s NAV from December 31, 2023 to November 30, 2024, assuming reinvestment of paid distributions.
4. The fiscal year-to-date cumulative distribution rate is the dollar value of distributions for the fiscal period (December 31, 2023 through November 30, 2024), as a percentage of the Fund’s NAV as of November 30, 2024.

The Fund’s Board of Trustees (the Board) has approved a managed distribution plan (the Plan) pursuant to which the Fund makes monthly distributions to shareholders at a fixed rate of $0.0615 per share. The Plan aims to provide shareholders with consistent distributions each month and to narrow the discount between the market price and the net asset value (NAV) of the Fund’s common shares, but there can be no assurance that the Plan will be successful in doing so. The Fund is managed with the aim of generating as much of the distribution as possible from net regular income and short-term capital gains, which is in line with the Fund’s investment strategy and risk profile. To the extent sufficient distribution income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or returns of capital to maintain its managed distribution rate. A return of capital may occur, for example, when some or all of the money invested in the Fund is paid out to shareholders. Return of distributed capital does not necessarily reflect the Fund’s investment performance and should not be confused with yield or income. Although the Fund may realize capital gains in the current year, these gains may be offset, in whole or in part, by carried forward capital losses of the Fund from previous years.

The Board may change the terms of the Plan or terminate the Plan at any time without prior notice to the Fund’s shareholders. Amendment or cancellation of the Plan could negatively affect the market price of the Fund’s ordinary shares. The plan will be subject to periodic review by the board, including an annual review of the fixed rate to determine whether an adjustment should be made.

For further information about Franklin Limited Duration Income Trust, please visit our website at: www.franklintempleton.com

Franklin Resources (NYSE:), Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton serving clients in more than 150 countries. Franklin Templeton’s mission is to help clients achieve better results through investment management expertise, asset management and technology solutions. Through its specialist investment managers, the firm offers expertise on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals and offices in major financial markets around the world, the California-based firm has more than 75 years of investment experience and more than $1.6 trillion in assets under management as of November 30, 2024. For more information, visit franklintempleton. com.

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For more information, please contact Franklin Templeton at 1-800-342-5236.

Source: Franklin Templeton