13G Filing: Saba Capital and Franklin Ltd Duration Income Trust (FTF)

Page 2 of 6 – SEC Filing

SCHEDULE 13G/A

CUSIP
No.

35472T101
1 Names of Reporting
Persons

Saba Capital Management, L.P.
2

Check the appropriate box if a member of a Group (see
instructions)

(a) [ ]
(b) [ ]

3 Sec Use Only
4 Citizenship or Place of
Organization

Delaware
Number of

Shares
Beneficially
Owned by Each

Reporting Person 
With:

5 Sole Voting Power
-0-
6 Shared Voting Power

796,040
7 Sole Dispositive Power
-0-
8 Shared Dispositive Power

796,040
9 Aggregate Amount
Beneficially Owned by Each Reporting Person

796,040
10 Check box if the
aggregate amount in row (9) excludes certain shares (See Instructions)


[ ]
11 Percent of class
represented by amount in row (9)

3.52%
12 Type of Reporting Person
(See Instructions)

PN; IA

The percentages used in this Schedule 13G/A are calculated
based upon 22,604,126 Shares outstanding as of March 6, 2017 as reported in the
press release filed on March 13, 2017.

Page 2 of 6

Follow Franklin Ltd Duration Income Trust (NYSEMKT:FTF)