Franklin Templeton Sets $0.0425 Monthly Distribution for April to June
Franklin Templeton’s closed-end funds will pay monthly distributions of $0.0425 per share for April, May and June. Record and ex-dividend dates are 4/23, 5/21 and 6/23, with payables on 4/30, 5/29 and 6/30.
1. Distribution Details
Franklin Templeton’s Board declared monthly distributions of $0.0425 per share for its closed-end funds, with record and ex-dividend dates on April 23, May 21 and June 23 and corresponding payables on April 30, May 29 and June 30.
2. Tax Reporting Timeline
Funds will notify shareholders of estimated distribution sources if payouts include amounts beyond net investment income; definitive tax characterizations will be provided on Form 1099-DIV statements sent in early 2027.
3. Trading Mechanics and Risks
Fund shares trade on the NYSE and may fluctuate with market conditions; closed-end funds often trade at discounts to net asset value, which can heighten risk of loss relative to NAV.