Franklin Templeton Announces Upcoming Fund Distributions
Franklin Templeton Fund Adviser Updates Closed-End Funds
Franklin Templeton Fund Adviser, LLC has exciting news regarding its closed-end funds. The firm recently announced a schedule for upcoming distributions that will benefit shareholders in the months ahead. This comprehensive announcement aims to provide clarity and insight into the distribution timeline.
Upcoming Distribution Schedule
The distribution timeline set forth by the fund adviser includes key dates that all shareholders should mark. Each month features a record date, ex-dividend date, and payable date that are critical for understanding the cash flow from these investments.
Distribution Dates Overview
Here's a breakdown of the upcoming distribution dates:
- September: Record Date - 9/23/2024, Ex-Dividend Date - 9/23/2024, Payable Date - 10/1/2024.
- October: Record Date - 10/24/2024, Ex-Dividend Date - 10/24/2024, Payable Date - 11/1/2024.
- November: Record Date - 11/21/2024, Ex-Dividend Date - 11/21/2024, Payable Date - 12/2/2024.
Breakdown of Fund Distributions
Shareholders can be interested in how much each fund will distribute. Here’s a summary of some planned distributions:
Fund Information
Here are a couple of examples from the fund distribution plans:
- Western Asset Investment Grade Income Fund Inc. (Ticker: PAI): September distribution is set at $0.05150, with the same amount for October and November distributions.
- Western Asset Premier Bond Fund (Ticker: WEA): The distribution amounts to $0.07000 for September, October, and November as well.
Understanding Distribution Notices
It’s important for shareholders to know that these announcements are pivotal not only for cash flow planning but also for tax purposes. Although nothing here serves as tax reporting, shareholders will receive a Form 1099-DIV in early 2025 detailing distribution characterizations necessary for filing taxes related to these amounts.
Company Background
Franklin Templeton Fund Adviser, LLC stands as a significant player in investment management, operating as a wholly-owned subsidiary of Franklin Resources, Inc. This connection ensures that their funds are backed by the expertise and established reputation of a leading financial institutions.
If you're seeking more information about the closed-end funds, don’t hesitate to reach out at 1-888-777-0102 or visit their website for detailed insights and updates on the financial statements available for review.
Frequently Asked Questions
What are the distribution amounts for September 2024?
The distribution amount for September 2024 for Western Asset Investment Grade Income Fund Inc. is $0.05150.
When will the ex-dividend dates occur?
The ex-dividend dates for the upcoming months are as follows: September 23, 2024; October 24, 2024; and November 21, 2024.
How can I contact Franklin Templeton for more information?
You can contact Franklin Templeton Fund Adviser, LLC at 1-888-777-0102 for further information.
What type of funds does Franklin Templeton manage?
Franklin Templeton manages various closed-end funds, offering diverse investment opportunities.
Will I receive tax forms for these distributions?
Yes, shareholders will receive a Form 1099-DIV in early 2025 to report these distributions for tax purposes.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Urgent Call for Bipartisan Dialogue as Government Funding Deadline Approaches
- Anticipation Builds for Adobe's Upcoming Earnings Report
- Upcoming Housing Initiative to Address Community Needs
- Atlantic City Casinos Raise Funds for Suicide Prevention Efforts
- LUB Liquidating Trust Announces Cash Distribution to Unitholders
- Government Debt Management Announces Upcoming Treasury Auctions
- Sanoma Announces Key Changes to 2023 Dividend Schedule
- CIMA Launches Innovative Platform for Enhanced Fund Management
- Franklin Resources Sees AUM Growth Amidst Market Boost
- Duke Energy's Initiative to Fund Senior Safety Ramps
Recent Articles
- Acorn Energy's Stockholder Meeting: What You Need to Know
- Slide Insurance Enhances Customer Experience with One Inc
- Gartner® Recognizes Cognyte's LUMINAR for Cybersecurity Excellence
- Dynex Capital, Inc. Announces Exciting Dividend Updates
- Revolutionizing Data Protection with Druva Investigate Tool
- Walmart Enhances Accessible Shopping with Caroline's Carts
- Horizon Technology Finance Funds GT Medical Technologies' Growth
- Walmart Implements Caroline's Carts for Accessible Shopping
- Walmart Enhances Accessibility with Innovative Caroline’s Carts
- Kean Tonetti Joins Wesleyan Impact Partners as Gift Planning Director
- Bancography Celebrates Major Award at FinovateFall Event
- Exciting New Industrial Development Announced by LaPour Partners
- Hector Amendola Takes the Helm as President of PMG
- BTB REIT Declares September 2024 Monthly Distribution Details
- A&G Real Estate Partners Sells 296 Big Lots Store Leases
- Traders Eye Direxion's ETFs Amid AI Sector Fluctuations
- A&G Real Estate Partners to Market Big Lots Store Leases
- Sobi® Partners with Enable Injections to Enhance Treatment Access
- Understanding Travel Insurance Coverage for Flu Season
- MDVIP Earns Spot on Fortune's Best Workplaces in Healthcare List
- Board-Certified Dermatologist Enhances NULASTIN® Expertise
- Exiger's Groundbreaking FedRAMP Authorization for AI Solutions
- Exploring Global Collaboration and Sustainable Media Storage
- LETOP Unveils Versatile BCH8 Modular Contactors: A Leap Forward
- Exciting New Store Opening Celebrated by Rural King
- HMA Earns Prestigious Recognition as a Top Employer for 2024
- Energy Fuels' Bold Move: Acquisition of Base Resources Paves Way for Growth
- Infoblox Finds European Cloud Leaders Save More Costs
- Spiceology Sets the Standard in Spice Industry Growth
- Innovative Partnership Enhances Media Integrity and Efficiency
- India's July Industrial Growth Surpasses Expectations by 0.1%
- India's Retail Inflation Sees Minor Increase in August Figures
- Tech Stocks Rise While Moderna Faces R&D Budget Cuts
- Kroger Reports Strong Sales Boost Amid Grocery Demand Surge
- Anthony Scaramucci's Exciting New Insights on Bitcoin Join Saylor's Expertise
- Empowering Women in Fantasy Sports with Fanball's New Game
- Exploring Endexx Corporation's Initiatives for Strategic Growth
- Daxor Revolutionizes Cardiorenal Syndrome Management with BVA
- Transforming Legal Tech: Meet Depo CoPilot by Filevine
- PetVivo's Innovative Spryng Technology Shines on Bloomberg
- International Land Alliance Achieves Record Sales Highlights
- How Mobile Banking Experience Impacts Consumer Choices Today
- Exploring the Rise of the Dental Market: Future Growth Insights
- Future Growth of the Acetic Acid Market and Opportunities
- Ranchero Gold Corp. Completes Sale of Mexican Subsidiary
- Plug Power Partners with H2DRIVEN for Green Methanol Project
- TransUnion Revolutionizes Rental Screening with Truework
- Hightower's Investment in Charles D. Hyman & Co Elevates Wealth Management
- Monopar's MNPR-101-Zr: Advancements in Cancer Imaging
- Essential Savings Strategies for Empty Nesters' Retirement