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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Franklin Limited Durationome Trust's average diluted shares outstanding for the quarter that ended in Dec. 2025 was 40.41 Mil.
Franklin Limited Durationome Trust (AMEX:FTF) Shares Outstanding (Diluted Average) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Franklin Limited Durationome Trust Shares Outstanding (Diluted Average) Related Terms
Franklin Limited Durationome Trust Shares Outstanding (Diluted Average) Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Franklin Limited Durationome Trust Shares Outstanding (Diluted Average) Chart
Franklin Limited Durationome Trust Shares Outstanding (Diluted Average) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
What does a Shares Outstanding (Diluted Average) of 40.41 Mil mean?
Franklin Limited Durationome Trust (FTF) has a Shares Outstanding (Diluted Average) of 40.41 Mil as of Dec. 2025. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Franklin Limited Durationome Trust and its competitors.
Is Franklin Limited Durationome Trust's Shares Outstanding (Diluted Average) too high?
Franklin Limited Durationome Trust's current Shares Outstanding (Diluted Average) is 40.41 Mil. Overall, Franklin Limited Durationome Trust has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Franklin Limited Durationome Trust's Shares Outstanding (Diluted Average) compare to SRV and PSF?
Franklin Limited Durationome Trust's Shares Outstanding (Diluted Average) of 40.41 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Diluted Average) for an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management industry context. However, Shares Outstanding (Diluted Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Franklin Limited Durationome Trust and its competitors. Franklin Limited Durationome Trust's current Shares Outstanding (Diluted Average) is 40.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Limited Durationome Trust stock overvalued right now?
Franklin Limited Durationome Trust (FTF) has a current Shares Outstanding (Diluted Average) of 40.41 Mil. The current Shares Outstanding (Diluted Average) is 40.41 Mil. Franklin Limited Durationome Trust's overall GF Score™ is 26/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Franklin Limited Durationome Trust (FTF), the current Shares Outstanding (Diluted Average) is 40.41 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Franklin Limited Duration Income Trust is a closed-end investment company based in the United States. It conducts its investment to provide high, current income, with a secondary objective of capital appreciation. To align with its investment objective, is to invest in a diversified mix of fixed-income securities. Its portfolio is dominated by considerable investments in high-yield corporate bonds while touching upon other avenues such as senior secured floating rate corporate loans, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, common stocks, and other short-term investments.
26GF Score
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Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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