Franklin Limited Duration Income Trust announces an Equity Buyback for 15% of its issued and outstanding common shares.

Franklin Limited Duration Income Trust (AMWX:FTF) announces a share repurchase program. Under the tender offer, the company will repurchase up to 15% of its issued and outstanding common shares issued and outstanding common shares at 98% of the fund's NAV per share. The tender offer will be conducted no later than the first quarter of 2017.