Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Notice of Sources of Distributions Page 1

The Fund’s estimated sources of the distribution payable on August 30, 2024, and for fiscal year 2024 to date, are as follows:

Estimated allocations for the August monthly distribution as of July 31, 2024:

Cumulative estimated allocations for the fiscal year through July 31, 2024, for the fiscal year ending December 31, 2024:

Shareholders should not draw conclusions about the Fund’s investment results based on the amount of the current distribution or the terms of the Fund’s Plan. FTF estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of FTF’s distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money a shareholder has invested in a Fund is returned to them. A return of capital distribution does not necessarily reflect FTF’s investment results and should not be confused with “yield” or “income.” The amounts and sources of distributions reported herein are estimates only and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of the fiscal year and may be subject to change based on tax regulations. The Fund will mail a Form 1099-DIV to shareholders for the calendar year describing how the Fund’s distributions should be reported for federal income tax purposes.