Creative Financial Designs Inc. ADV Raises Stock Holdings in Franklin Limited Duration Income Trust $FTF

Creative Financial Designs Inc. ADV increased its stake in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 67.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,408 shares of the company’s stock after purchasing an additional 22,650 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Franklin Limited Duration Income Trust were worth $362,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in shares of Franklin Limited Duration Income Trust by 349.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 72,822 shares of the company’s stock worth $470,000 after purchasing an additional 56,612 shares during the last quarter. Choreo LLC lifted its stake in shares of 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 purchasing an additional 4,420 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Franklin Limited Duration Income Trust during the 2nd quarter worth $98,000. Cetera Investment Advisers lifted its stake in shares of Franklin Limited Duration Income Trust by 61.3% during the 1st quarter. Cetera Investment Advisers now owns 75,404 shares of the company’s stock worth $487,000 after purchasing an additional 28,657 shares during the last quarter. Finally, GraniteShares Advisors LLC lifted its stake in shares of Franklin Limited Duration Income Trust by 6.7% during the 2nd quarter. GraniteShares Advisors LLC now owns 424,579 shares of the company’s stock worth $2,726,000 after purchasing an additional 26,532 shares during the last quarter.

Franklin Limited Duration Income Trust Stock Performance

Shares of NYSEAMERICAN FTF opened at $6.20 on Monday. Franklin Limited Duration Income Trust has a 1-year low of $5.57 and a 1-year high of $6.75. The business has a fifty day moving average price of $6.35 and a 200 day moving average price of $6.37.

Franklin Limited Duration Income Trust Dividend Announcement

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

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.