Franklin Limited Duration Income Trust is a closed-ended mutual fund focusing on fixed income investments across the United States. Managed by Franklin Advisers, Inc., it specializes in a mix of mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds. The fund uses a detailed analysis approach, blending top-down and bottom-up methods to select securities for its portfolio. Originally known as Franklin Templeton Limited Duration Income Trust, it was established in 2003 and operates within the U.S.

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