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FTF / FTF: Avoid This High Yield CEF

FTF: Avoid This High Yield CEF
Franklin Limited Duration Income Trust (FTF), a fixed income closed end fund (CEF). The main risk for FTF is credit spreads, which have tightened this year. However, with banks tightening credit lending and an increase in bankruptcies, a surge in junk spreads is expected. FTF's portfolio is predominantly high yield, with over 80% of the collateral either below investment grade or not rated. Read More
Posted: Jul 2 2023, 10:33
Author Name: Seeking Alpha
Views: 092065

FTF News  

FTF: Deep Discount Could Be Creating A Tactical Play

By Seeking Alpha
October 17, 2023

FTF: Deep Discount Could Be Creating A Tactical Play

Franklin Limited Duration Income Trust is a multi-sector bond fund with a shorter-duration portfolio, making it less interest rate sensitive. The FTF more_horizontal

FTF: Avoid This High Yield CEF

By Seeking Alpha
July 2, 2023

FTF: Avoid This High Yield CEF

Franklin Limited Duration Income Trust (FTF), a fixed income closed end fund (CEF). The main risk for FTF is credit spreads, which have tightened this more_horizontal

FTF: Poorly Performing Low-Duration Credit Fund

By Seeking Alpha
April 12, 2023

FTF: Poorly Performing Low-Duration Credit Fund

Franklin Limited Duration Income Trust is a low-duration credit fund that aims to provide investors with high current income. The fund pays an attract more_horizontal

FTF: Discount Remaining Wide

By Seeking Alpha
December 5, 2022

FTF: Discount Remaining Wide

Yields have eased lately with the expectations of a slowdown in interest rate increases. This fund's discount remains wide after the fund's rights off more_horizontal

FTF: A Tempting Discount Opening Up, But There Are Risks

By Seeking Alpha
June 12, 2022

FTF: A Tempting Discount Opening Up, But There Are Risks

FTF completed a rights offering that caused its discount to widen earlier this year. The overall state of the fixed-income market has pushed this fund more_horizontal

FTF: You Are Getting A 2.7% Return Here, Not 11.5%

By Seeking Alpha
June 10, 2022

FTF: You Are Getting A 2.7% Return Here, Not 11.5%

FTF is a fixed income CEF focused on HY bonds, leveraged loans and MBS securities. The fund has a stated 11.5% dividend yield, which is unsupported. more_horizontal

FTF: Quick Notes On The Rights Offering

By Seeking Alpha
February 4, 2022

FTF: Quick Notes On The Rights Offering

FTF has an ongoing rights offering. Sidestepping the ex-rights date worked again. more_horizontal

FTF: Quick Notes On The Rights Offering

By Seeking Alpha
February 4, 2022

FTF: Quick Notes On The Rights Offering

FTF has an ongoing rights offering. Sidestepping the ex-rights date worked again. more_horizontal


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