FTFPWX

About FTFPWX

Franklin Templeton Limited Duration Income Trust is a closed-end investment fund designed to provide investors with high current income as its primary objective, and capital appreciation as a secondary goal. The trust primarily invests in a diversified portfolio of high yield corporate bonds, floating rate corporate loans, and mortgage- and other asset-backed securities, with an emphasis on instruments of shorter average maturity. This limited duration approach aims to reduce sensitivity to interest rate fluctuations for investors while seeking attractive yields. The fund employs leverage to enhance income potential and distributes income to shareholders, typically on a monthly basis. By focusing on multiple credit sectors, Franklin Templeton Limited Duration Income Trust plays a distinct role in the fixed income market, appealing to investors seeking exposure to below investment-grade credit and floating rate opportunities, while managing overall duration risk. The fund is actively managed, with portfolio updates and performance metrics made available regularly to shareholders and the investment community.