Franklin Limited Duration Income Trust

Fund Description

The fund seeks to provide high, current income, with a secondary objective of capital appreciation by investing primarily in high yield corporate bonds, floating rate corporate loans and mortgage- and other asset-backed securities.

Strategy Statement

"The fund’s goal is to provide relatively high yield while maintaining a relatively low correlation to interest rates. Top-down sector allocation and bottom up security selection drive portfolio construction."

Management

Roger Bayston, CFA

Roger Bayston, CFA®

  • Joined Franklin Templeton in 1991
  • Managed Fund Since 2003
Sonal Desai, Ph.D

Sonal Desai, Ph.D

  • Joined Franklin Templeton in 2009
  • Managed Fund Since 2018
Glenn Voyles, CFA

Glenn Voyles, CFA®

  • Joined Franklin Templeton in 1993
  • Managed Fund Since 2013
Justin G. Ma, CFA

Justin G. Ma, CFA®

  • Joined Franklin Templeton in 2006
  • Managed Fund Since 2013

Investing In The Fund

All investments involve risks, including possible loss of principal. Interest rate movements and mortgage prepayments will affect the fund’s share price and yield. Bond prices generally move in the opposite direction of interest rates. As the prices of bonds in a fund adjust to a rise in interest rates, the fund’s share price may decline. Investments in lower rated bonds include higher risk of default and loss of principal. The fund is actively managed but there is no guarantee that the manager’s investment decisions will produce the desired results.


More information

Contact: Transfer Agent

By Mail

American Stock Transfer & Trust Co., LLC
6201 15th Avenue
Brooklyn, NY 11219

General Mail Inquiries:

Franklin Templeton
c/o American Stock Transfer & Trust Co., LLC
6201 15th Avenue
Brooklyn, NY 11219

help@astfinancial.com

Shareholder services

  • Toll Free Phone Number: 1-800/937-5449
  • Hearing Impaired Phone Number: 1-866/703-9077
  • International Phone Number: 718/921-8124
  • Hearing Impaired International Number: 718/921-8386

Online

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Client Web Access

www.astfinancial.com

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