Nature/iStock via Getty Images The Franklin Limited Duration Income Trust ( NYSE: FTF ) is a closed-end fund, or CEF, that income-seeking investors can purchase as a method of achieving their goals. As is the case with many closed-end funds investing in short-duration credit securities, the Franklin Limited Duration Income Trust boasts a very attractive yield that is certain to appeal to most individuals who are seeking to earn a high level of income. As of the time of writing, shares of the fund yield 11.
59%, which is primarily due to a large increase in the distribution that occurred back in January: CEF Connect The 11.59% yield of the Franklin Limited Duration Income Trust compares pretty well to its peers: Fund Name Morningstar Classification Current Yield Franklin Limited Duration Income Trust Fixed Income-Taxable-Limited Duration 11.59% Allspring Multi-Sector Income Fund ( ERC ) Fixed Income-Taxable-Limited Duration 8.
82% BlackRock Limited Duration Income Trust ( BLW ) Fixed Income-Taxable-Limited Duration 9.36% Eaton Vance Limited Duration Income Fund ( EVV ) Fixed Income-Taxable-Limited Duration 9.71% PCM Fund ( PCM ) Fixed Income-Taxable-Limited Duration 12.
40% Click to enlarge As we can clearly see, the only fund whose yield exceeds that of the Franklin Limited Duration Income Trust is the PCM Fund. That is not likely to be especially surprising for most regular readers. After all, as we have seen in various previous articles, funds from Franklin Templeton and PIMCO.
