Franklin Limited Duration Income Trust $FTF Stock Position Raised by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its position in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 74.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,354 shares of the company’s stock after purchasing an additional 17,279 shares during the period. Apollon Wealth Management LLC’s holdings in Franklin Limited Duration Income Trust were worth $259,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in FTF. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Franklin Limited Duration Income Trust in the second quarter valued at $70,000. Elequin Capital LP acquired a new position in Franklin Limited Duration Income Trust during the first quarter valued at $77,000. Geneos Wealth Management Inc. lifted its stake in Franklin Limited Duration Income Trust by 893.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 12,666 shares of the company’s stock worth $82,000 after acquiring an additional 11,391 shares in the last quarter. Accredited Investor Services LLC purchased a new stake in Franklin Limited Duration Income Trust in the 1st quarter worth about $137,000. Finally, Choreo LLC boosted its position in Franklin Limited Duration Income Trust by 24.6% during the 1st quarter. Choreo LLC now owns 22,402 shares of the company’s stock worth $145,000 after acquiring an additional 4,420 shares during the period.

Franklin Limited Duration Income Trust Stock Down 1.0%

NYSEAMERICAN:FTF opened at $6.22 on Friday. Franklin Limited Duration Income Trust has a fifty-two week low of $5.57 and a fifty-two week high of $6.75. The stock’s 50-day moving average is $6.40 and its two-hundred day moving average is $6.36.

Franklin Limited Duration Income Trust Announces Dividend

The business also recently disclosed a oct 25 dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be given a dividend of $0.0615 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a yield of 1,186.0%.

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.