<div id="readability-page-1"><article>SAN MATEO, Calif.--(BUSINESS WIRE)--The 19(a) monthly distribution notices for Franklin Limited Duration Income Trust (NYSE: FTF) are now available. These informational notices provide further details on the sources of the funds’ monthly distributions and follow the most recent distribution announcement. The table below provides an estimate of the sources of the Fund’s current distribution and its cumulative distributions paid this fiscal year-to-date. Amounts are expressed on a per share of common stock basis, and as a percentage of the distribution amount.<table><tbody><tr><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1"></td><td colspan="4" rowspan="1">Estimated sources &amp; percentages of distributions</td></tr><tr><td colspan="1" rowspan="1">Ticker</td><td colspan="1" rowspan="1">Time period</td><td colspan="1" rowspan="1">Per share distribution January 2026</td><td colspan="1" rowspan="1">Net Investment Income</td><td colspan="1" rowspan="1">Net realized short-term capital gains</td><td colspan="1" rowspan="1">Net realized long-term capital gains</td><td colspan="1" rowspan="1">Return of Capital</td></tr><tr><td colspan="1" rowspan="1">FTF</td><td colspan="1" rowspan="1">Current month</td><td colspan="1" rowspan="1">$0.0615</td><td colspan="1" rowspan="1">$0.0430</td><td colspan="1" rowspan="1">$0.0028</td><td colspan="1" rowspan="1">-</td><td colspan="1" rowspan="1">$0.0157</td></tr><tr><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1">69.9%</td><td colspan="1" rowspan="1">4.6%</td><td colspan="1" rowspan="1">-</td><td colspan="1" rowspan="1">25.5%</td></tr><tr><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1">12/31 Fiscal YTD</td><td colspan="1" rowspan="1">$0.7380</td><td colspan="1" rowspan="1">$0.5102</td><td colspan="1" rowspan="1">$0.0167</td><td colspan="1" rowspan="1">-</td><td colspan="1" rowspan="1">$0.2111</td></tr><tr><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1">69.1%</td><td colspan="1" rowspan="1">2.3%</td><td colspan="1" rowspan="1">-</td><td colspan="1" rowspan="1">28.6%</td></tr></tbody></table>The amounts and sources of distributions reported in this 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon a Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.The table below provides information regarding distributions and total return performance for various periods. Performance includes the deduction of management fees and administrative expenses, assumes reinvestment of distributions, and does not account for taxes.<table><tbody><tr><td colspan="1" rowspan="1"></td><td colspan="2" rowspan="1">Annualized</td><td colspan="1" rowspan="1"></td><td colspan="2" rowspan="1">Cumulative</td></tr><tr><td colspan="1" rowspan="1">Ticker</td><td colspan="1" rowspan="1">5-year average annual total return at NAV*</td><td colspan="1" rowspan="1">Current distribution rate at NAV**</td><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1">Fiscal YTD return at NAV***</td><td colspan="1" rowspan="1">Fiscal YTD distribution rate at NAV***</td></tr><tr><td colspan="1" rowspan="1">FTF (FYE 12/31)</td><td colspan="1" rowspan="1">3.29%</td><td colspan="1" rowspan="1">11.15%</td><td colspan="1" rowspan="1"></td><td colspan="1" rowspan="1">6.31%</td><td colspan="1" rowspan="1">11.15%</td></tr></tbody></table>* Ending on the last day of the month prior to the most recent distribution record date.** As of the last day of the month prior to the most recent distribution record date.*** Calculated from the last completed fiscal year to the last day of the month prior to the most recent distribution record date.You should not draw any conclusions about a Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Distribution Policy.Each fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.The Funds periodically provide fund-related information on their websites. The following information will be available for each Fund at www.franklintempleton.com at the frequencies indicated: (1) Full holdings will be available monthly; (2) Top 10 holdings and additional portfolio statistics will be available monthly.INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUECategory: Distribution Related<img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjAxMjk4OTQxNDVyMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjAxMjk4OTQxNDVyMQ"/>View source version on businesswire.com: https://www.businesswire.com/news/home/20260129894145/en/Investor Contact: Fund Investor Services 1-888-777-0102Source: Franklin Templeton</article></div>

Franklin Templeton has announced the availability of 19(a) monthly distribution notices for the Franklin Limited Duration Income Trust (NYSE: FTF). These notices detail the sources of the fund's monthly distributions, including net investment income and capital gains. For January 2026, the per share distribution is estimated at $0.0615, with 69.9% from net investment income. The fund has distributed more than its income and net realized capital gains, indicating a portion may be a return of capital. Full fund-related information will be available on their website.

Franklin Templeton Announces Availability of 19(a) Notices for Certain Closed-End Funds | FTF Stock News