SAN MATEO, Calif., September 14, 2021--The Franklin Limited Duration Income Trust [NYSE American: FTF] (CUSIP 35472T101) has declared a dividend of $0.0776 per common share payable September 15, 2021, to shareholders of record as of August 31, 2021. It is currently estimated that $0.0420 per share represents net investment income and $0.0356 per share represents return of principal.
Franklin Resources (BEN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Franklin's (BEN) August AUM rises sequentially on the positive impacts of markets and approximately unchanged long-term net flows.