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Trending ETFs

Franklin Limited Duration Income Trust

mutual fund
XFTFX
Payout Change
Suspended
Price as of:
$7.03 +0.02 +0.29%
primary theme
High Yield Bond
share class
XFTFX (Mutual Fund)

Franklin Limited Duration Income Trust

Payout Change
Suspended
Price as of:
$7.03 +0.02 +0.29%
primary theme
High Yield Bond
share class
XFTFX (Mutual Fund)

Franklin Limited Duration Income Trust

Payout Change
Suspended
Price as of:
$7.03 +0.02 +0.29%
primary theme
High Yield Bond
share class

Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.03

$232 M

0.00%

1.76%

Vitals

YTD Return

-2.1%

1 yr return

0.7%

3 Yr Avg Return

-8.3%

5 Yr Avg Return

-6.8%

Net Assets

$232 M

Holdings in Top 10

22.3%

52 WEEK LOW AND HIGH

$7.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.76%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 107.66%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.03

$232 M

0.00%

1.76%

XFTFX - Profile

Distributions

  • YTD Total Return -2.1%
  • 3 Yr Annualized Total Return -8.3%
  • 5 Yr Annualized Total Return -6.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.58%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin Limited Duration Income Trust
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Jan 30, 2018
  • Shares Outstanding
    30150895
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Glenn Voyles

Fund Description


XFTFX - Performance

Return Ranking - Trailing

Period XFTFX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.1% -6.7% 431.8% 98.86%
1 Yr 0.7% -0.9% 460.1% 99.84%
3 Yr -8.3%* -14.6% 75.1% 99.00%
5 Yr -6.8%* -11.9% 44.0% 99.12%
10 Yr N/A* -5.1% 23.0% 95.18%

* Annualized

Return Ranking - Calendar

Period XFTFX Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -4.7% 14.3% 95.44%
2022 -21.3% -33.4% 3.6% 96.05%
2021 -4.9% -8.4% 8.2% 97.95%
2020 -5.7% -13.2% 302.7% 98.59%
2019 -1.1% -4.4% 13.3% 98.55%

Total Return Ranking - Trailing

Period XFTFX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.1% -6.7% 431.8% 98.86%
1 Yr 0.7% -0.9% 460.1% 99.84%
3 Yr -8.3%* -14.6% 75.1% 99.00%
5 Yr -6.8%* -11.9% 44.0% 99.12%
10 Yr N/A* -5.1% 23.0% 94.84%

* Annualized

Total Return Ranking - Calendar

Period XFTFX Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -4.7% 18.7% 99.02%
2022 -21.3% -33.4% 47.8% 97.53%
2021 -4.9% -8.4% 12.4% 98.98%
2020 -5.7% -9.6% 325.6% 98.77%
2019 4.0% -3.8% 19.4% 98.37%

NAV & Total Return History


XFTFX - Holdings

Concentration Analysis

XFTFX Category Low Category High XFTFX % Rank
Net Assets 232 M 3.13 M 23.6 B 71.31%
Number of Holdings 584 2 3879 27.20%
Net Assets in Top 10 60.4 M -492 M 5.25 B 61.40%
Weighting of Top 10 22.33% 4.2% 146.0% 17.10%

Top 10 Holdings

  1. Federal National Mortgage Association 6.15%
  2. Federal National Mortgage Association 3% 4.31%
  3. Franklin IFT Money Market 3.44%
  4. Upstart, Inc., Marketplace Loan 3.43%
  5. Upstart, Inc., Marketplace Loan 3.43%
  6. Upstart, Inc., Marketplace Loan 3.43%
  7. Upstart, Inc., Marketplace Loan 3.43%
  8. Upstart, Inc., Marketplace Loan 3.43%
  9. Upstart, Inc., Marketplace Loan 3.43%
  10. Upstart, Inc., Marketplace Loan 3.43%

Asset Allocation

Weighting Return Low Return High XFTFX % Rank
Bonds
145.36% 0.00% 145.36% 0.16%
Convertible Bonds
1.29% 0.00% 17.89% 41.53%
Preferred Stocks
0.58% 0.00% 4.97% 15.64%
Stocks
0.32% 0.00% 99.64% 50.08%
Cash
-8.46% -52.00% 48.02% 99.51%
Other
-39.08% -39.08% 99.96% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High XFTFX % Rank
Utilities
0.00% 0.00% 100.00% 85.66%
Technology
0.00% 0.00% 33.17% 81.15%
Real Estate
0.00% 0.00% 86.71% 84.02%
Industrials
0.00% 0.00% 93.12% 88.32%
Healthcare
0.00% 0.00% 22.17% 82.79%
Financial Services
0.00% 0.00% 100.00% 86.68%
Energy
0.00% 0.00% 100.00% 33.81%
Communication Services
0.00% 0.00% 99.99% 87.30%
Consumer Defense
0.00% 0.00% 100.00% 81.56%
Consumer Cyclical
0.00% 0.00% 100.00% 4.92%
Basic Materials
0.00% 0.00% 100.00% 1.23%

Stock Geographic Breakdown

Weighting Return Low Return High XFTFX % Rank
US
0.18% 0.00% 99.64% 55.54%
Non US
0.14% -0.01% 0.83% 4.56%

Bond Sector Breakdown

Weighting Return Low Return High XFTFX % Rank
Corporate
78.29% 0.00% 100.00% 92.17%
Securitized
19.15% 0.00% 97.24% 1.31%
Cash & Equivalents
2.56% 0.00% 48.02% 55.37%
Derivative
0.00% -14.19% 42.26% 86.48%
Municipal
0.00% 0.00% 1.17% 94.78%
Government
0.00% 0.00% 99.07% 95.92%

Bond Geographic Breakdown

Weighting Return Low Return High XFTFX % Rank
US
126.57% 0.00% 126.57% 0.16%
Non US
18.79% 0.00% 96.91% 7.98%

XFTFX - Expenses

Operational Fees

XFTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.76% 0.02% 38.33% 13.17%
Management Fee 0.70% 0.00% 1.75% 87.01%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.20% 0.00% 0.50% 83.96%

Sales Fees

XFTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

XFTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XFTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 107.66% 1.00% 255.00% 90.04%

XFTFX - Distributions

Dividend Yield Analysis

XFTFX Category Low Category High XFTFX % Rank
Dividend Yield 0.00% 0.00% 11.76% 97.90%

Dividend Distribution Analysis

XFTFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

XFTFX Category Low Category High XFTFX % Rank
Net Income Ratio 5.58% -2.39% 9.30% 8.29%

Capital Gain Distribution Analysis

XFTFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XFTFX - Fund Manager Analysis

Managers

Glenn Voyles


Start Date

Tenure

Tenure Rank

Jun 01, 2013

9.0

9.0%

Glenn Voyles, CFA, VP, is a high-yield analyst and portfolio manager for Franklin Advisers, Inc. He is Director of Portfolio Management for the Corporate & High Yield Group and sits on the Fixed Income Policy Committee. He oversees the corporate credit portfolio team as well as various high yield and global credit strategies. He joined Franklin Templeton in 1993. Mr. Voyles holds a B.A. (Stanford Univ.). He is a member of Security Analysts of San Francisco and the CFA Institute.

Justin Ma


Start Date

Tenure

Tenure Rank

Jun 01, 2013

9.0

9.0%

Justin Ma is an assistant portfolio manager for Franklin Advisers' Floating Rate Debt Group. He is a portfolio manager on Franklin Floating Rate Daily Access Fund, Franklin Floating Rate PLC, and FTSIIF Franklin Floating Rate II Funds, as well as the floating rate investments of Franklin Templeton Limited Duration Income Trust Fund. Mr. Ma is also a member of the Investment Committee. Mr. Ma joined Franklin Templeton in 2006 as a member of the Futures Program and joined the Floating Rate Debt Group as a portfolio analyst in 2008. Mr. Ma holds a B.A. from Stanford University and is a Chartered Financial Analyst (CFA) Charterholder. He is also a member of the CFA Society of San Francisco (CFASF) and the CFA Institute.

Sonal Desai


Start Date

Tenure

Tenure Rank

Dec 31, 2018

3.42

3.4%

Sonal Desai, PhD, EVP, is Franklin Templeton Fixed Income Group’s Chief Investment Officer, a portfolio manager for several fixed income funds and a member of the firm's executive committee. Dr. Desai started her career in 1994 as a university academic, followed by six years at the International Monetary Fund after which she joined the private sector. She started working at Franklin Templeton in 2009. She holds a PhD(Econ) from Northwestern Univ. and a BA(Econ) from Delhi Univ.

David Yuen


Start Date

Tenure

Tenure Rank

Oct 15, 2019

2.63

2.6%

David Yuen joined Franklin Templeton Investments in 2000.He was appointed Chief Investment Officer of Global Long/Short Absolute Return Strategy in 2010. Previously, he was co-CIO of US Large Cap Value Equities and CIO of the Advanced Value Fund (since 2009), as well as director of research for US Large Cap Value (since early 2008). Yuen had been the director of research for Emerging Markets Value since August 2002. He joined Bernstein in 1998 as a research analyst, covering the global retailing industry, and became a senior research analyst in 1999, covering retail, textile & apparel, gaming & lodging, and consumer appliances. Prior to joining Bernstein, Yuen worked as a senior vice president of The Coleman Company from 1994 to 1998. From 1988 to 1994, he was a consultant, then partner, at WKI, a management-consulting firm specializing in emerging-market strategies. Prior to that, Yuen was a consultant with Bain & Company. He received a BS in operations research from Columbia University’s School of Engineering in 1986. Location: New York

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.32 8.17