Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Notification of Sources of Distributions
Notification of Sources of Distributions
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The Fund’s estimated sources of the distribution to be paid on
Estimated Allocations for March Monthly Distribution as of
Distribution
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Net Investment
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Net Realized
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Net Realized
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Return of
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Cumulative Estimated Allocations fiscal year-to-date as of
Distribution
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Net Investment
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Net Realized
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Net Realized
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Return of
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The Fund has experienced a cumulative loss in undistributed net realized and unrealized capital gains and losses totaling
Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s Plan. FTF estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the FTF distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect FTF’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes 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 distributions for federal income tax purposes.
Average Annual Total
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Annualized Distribution
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Cumulative Total Return
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Cumulative Fiscal
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2.48% |
10.37% |
0.88% |
1.73% |
Fund Performance and Distribution Rate Information:
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Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the
Fund for the five-year period ended throughFebruary 29, 2024 . Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid. -
The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through
February 29, 2024 . -
Cumulative Total Return is the percentage change in the Fund’s NAV from
December 31, 2023 throughFebruary 29, 2024 , assuming reinvestment of distributions paid. -
The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period (
December 31, 2023 throughFebruary 29, 2024 ), as a percentage of the Fund’s NAV as ofFebruary 29, 2024 .
The Fund’s
The Board may amend the terms of the Plan or terminate the Plan at any time without prior notice to the Fund’s shareholders. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common shares. The Plan will be subject to the periodic review by the Board, including a yearly review of the fixed rate to determine if an adjustment should be made.
For further information on
Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as
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