BofA update shows where active managers are putting money
In a challenging economic climate, Franklin Templeton Limited Duration Income Trust (FTF) stock has reached a 52-week low, dipping to $6.08. Despite market pressures, the fund maintains an impressive 11.59% dividend yield and has consistently paid dividends for 23 consecutive years, according to InvestingPro data. This latest price level reflects the ongoing volatility in the fixed-income markets as investors recalibrate their portfolios in response to fluctuating interest rates and economic indicators. The fund’s beta of 0.51 indicates lower volatility compared to the broader market. Contrary to the article’s dated information, InvestingPro shows FTF has actually delivered a positive 14.85% return over the past year, while maintaining a "GREAT" overall financial health score of 3.06, demonstrating resilience in challenging market conditions.
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