Citadel Advisors LLC Purchases Shares of 12,820 Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Citadel Advisors LLC purchased a new stake in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,820 shares of the company’s stock, valued at approximately $85,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Choreo LLC boosted its holdings in Franklin Limited Duration Income Trust by 10.8% during the 4th quarter. Choreo LLC now owns 17,982 shares of the company’s stock worth $118,000 after acquiring an additional 1,748 shares during the last quarter. Stratos Wealth Partners LTD. boosted its holdings in Franklin Limited Duration Income Trust by 6.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 80,773 shares of the company’s stock worth $536,000 after acquiring an additional 4,850 shares during the last quarter. Anfield Capital Management LLC purchased a new position in Franklin Limited Duration Income Trust during the 4th quarter worth $57,000. Uniting Wealth Partners LLC purchased a new position in Franklin Limited Duration Income Trust during the 4th quarter worth $66,000. Finally, Commonwealth Equity Services LLC purchased a new position in Franklin Limited Duration Income Trust during the 4th quarter worth $67,000.

Franklin Limited Duration Income Trust Price Performance

Shares of NYSEAMERICAN:FTF opened at $6.42 on Wednesday. The company’s 50-day moving average is $6.28 and its 200 day moving average is $6.40. Franklin Limited Duration Income Trust has a fifty-two week low of $5.57 and a fifty-two week high of $6.83.

Franklin Limited Duration Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.0615 dividend. This represents a $0.74 dividend on an annualized basis and a dividend yield of 11.50%. The ex-dividend date of this dividend is Monday, June 16th.

Franklin Limited Duration Income Trust Company 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.