The Franklin Limited Duration Income Trust (FTF) operates as a closed-end investment fund, sponsored by Franklin Resources, Inc., with its day-to-day management handled by Franklin Advisers, Inc. This U.S.-domiciled entity, which was established on August 27, 2003, primarily concentrates its investments within the American fixed income markets. Its portfolio is predominantly allocated to a diverse array of instruments, including mortgage-backed securities, asset-backed securities, floating rate bank loans, and high-yield corporate debt. To construct its holdings, the fund employs a rigorous investment strategy that combines fundamental analysis with both top-down macroeconomic perspectives and bottom-up security-specific research. The fund was previously known as Franklin Templeton Limited Duration Income Trust.