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Franklin Limited Duration Income Trust Common Shrs. of Beneficial Interest, also called Franklin Limited Duration Income Trust, is a closed-end investment company. It seeks to provide high, current income, with a secondary objective of capital appreciation to the extent possible and consistent with the Fund's primary objective, through a portfolio consisting primarily of high-yield corporate bonds, floating rate corporate loans and mortgage- and other asset-backed securities. Read More The company was founded on August 27, 2003 and is headquartered in San Mateo, CA.