Franklin Templeton Limited Duration Income Trust Announces Monthly Dividend, Payable on June 14, 2013; Announces Portfolio Management Changes
May 21, 2013 at 06:37 pm
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Franklin Templeton Limited Duration Income Trust announced a dividend of $0.073 per share, payable June 14, 2013, to shareholders of record on May 31, 2013, ex-Dividend date is May 29, 2013.
The Fund also announced that, effective June 1, 2013, Madeline Lam and Justin Ma, CFA, will join Christopher Molumphy, CFA, Eric Takaha, CFA, Glenn Voyles, CFA, and Roger Bayston, CFA, as members of the Fund's portfolio management team, and Richard Hsu, CFA, will depart from the Fund's portfolio management team.
Franklin Limited Duration Income Trust (the Fund) is a closed-end management investment company. The Fund's primary objective is to provide high, current income, with a secondary objective of capital appreciation. The Fund invests in a diversified mix of fixed income securities, primarily high yield corporate bonds, floating-rate corporate loans and mortgage-and other asset-backed securities. It invests in various sectors, which include aerospace and defense, airlines, auto components, automobiles, banks, beverage, biotechnology, building products, capital markets, chemicals, commercial services and supplies, construction and engineering, containers and packaging, distributors, electric utilities, entertainment, insurance, media, metals and mining, Internet and direct marketing retail, information technology services, oil, gas and consumable fuels, paper and forest products, and wireless telecommunication services. The Fund's investment manager is Franklin Advisers, Inc.
FRANKLIN LIMITED DURATION INCOME TRUST 
