13G Filing: Karpus Management, Inc. and Franklin Ltd Duration Income Trust (FTF)

---

CUSIP No.:
35472t200, 35472t309, 35472t408

1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

Karpus Management, Inc., d/b/a Karpus Investment Management
I.D. #16-1290558
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
3. SEC Use Only
4. Citizenship or Place of Organization

New York
Number of Shares Beneficially Owned by Each reporting Person With:

5. Sole Voting Power
2,561

6. Shared Voting Power
N/A

7. Sole Dispositive Power
2,561

8. Shared Dispositive Power
N/A

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person

2,561

---

10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions)

N/A

---

11. Percent of Class Represented by Amount in Row ( 9 )

71.14%

---

12. Type of Reporting Person (See Instructions)

IA

---