<SEC-DOCUMENT>0000902664-16-008144-index.html : 20160915
<SEC-HEADER>0000902664-16-008144.hdr.sgml : 20160915
<ACCEPTANCE-DATETIME>20160915160542
ACCESSION NUMBER:		0000902664-16-008144
CONFORMED SUBMISSION TYPE:	DEFC14A
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20160915
DATE AS OF CHANGE:		20160915
EFFECTIVENESS DATE:		20160915

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN LTD DURATION INCOME TRUST
		CENTRAL INDEX KEY:			0001233087
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		DEFC14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21357
		FILM NUMBER:		161887249

	BUSINESS ADDRESS:	
		STREET 1:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403
		BUSINESS PHONE:		650-312-2000

	MAIL ADDRESS:	
		STREET 1:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403-1906

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN TEMPLETON LTD DURATION INCOME TRUST
		DATE OF NAME CHANGE:	20060111

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST
		DATE OF NAME CHANGE:	20030718

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN TEMPLETON STRATEGIC INCOME TRUST
		DATE OF NAME CHANGE:	20030515

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Saba Capital Management, L.P.
		CENTRAL INDEX KEY:			0001510281
		IRS NUMBER:				800361690
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFC14A

	BUSINESS ADDRESS:	
		STREET 1:		405 LEXINGTON AVENUE
		STREET 2:		58TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10174
		BUSINESS PHONE:		212-542-4635

	MAIL ADDRESS:	
		STREET 1:		405 LEXINGTON AVENUE
		STREET 2:		58TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10174
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFC14A
<SEQUENCE>1
<FILENAME>p16-1834defc14a.htm
<DESCRIPTION>FRANKLIN LIMITED DURATION INCOME TRUST
<TEXT>
Document 1 - file: p16-1834defc14a.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 2 - file: image001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 3 - file: image002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>image003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: image003.jpg

</DOCUMENT>
</SEC-DOCUMENT>