Franklin Templeton Limited Duration Income Trust Reports Asset Allocation

 | Source: Franklin Templeton Franklin Templeton

SAN MATEO, CA--(Marketwire - November 1, 2010) -  Franklin Templeton Limited Duration Income Trust (NYSE Amex: FTF), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE Amex closing price as of September 30, 2010. 

Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $644 billion in assets under management as of September 30, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com. 

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at SEPTEMBER 30, 2010 
             
SECTOR ALLOCATION     MARKET VALUE (Millions)     PERCENTAGE OF FUND 1
             
             
High Yield Corporate Bonds & Preferred     187.1     34.1%
Floating Rate Loans     187.4     34.2%
Mortgage-Backed Securities     112.4     20.5%
Other Asset-Backed Securities 2     35.3     6.4%
International Government Bonds (US$ and non-US$)     9.7     1.8%
Common Stock and Warrants     0.5     0.1%
Cash & Other Net Assets     15.9     2.9%
             
Total Assets 3     $548.2     100.0%
 
             
TOP 10 INDUSTRIES 4     MARKET VALUE (Millions)     PERCENTAGE OF FUND 1
             
             
Healthcare Services     38.2     7.0%
Energy     33.1     6.0%
Chemicals     24.8     4.5%
Consumer Products     23.6     4.3%
Media     23.0     4.2%
Gaming/Leisure     22.3     4.1%
Industrials     21.6     3.9%
Info/Technology     21.2     3.9%
Utilities     21.0     3.8%
Financial Services     20.1     3.7%
             
Total 3     $248.8     45.4%
             
             
10 LARGEST HOLDINGS BY ISSUER     MARKET VALUE (Millions)     PERCENTAGE OF FUND 1
             
             
Fannie Mae     53.9     9.8%
Freddie Mac     50.3     9.2%
Govt National Mtg Assn.     8.3     1.5%
Harrahs Operating Co Inc.     7.3     1.3%
HCA Inc.     7.0     1.3%
Reynolds Group     6.5     1.2%
RBS Global & Rexnord Corp.     5.9     1.1%
Bank of America Corp.     5.7     1.0%
LB-UBS Commercial Mortgage     5.5     1.0%
Wachovia Bank Commercial     5.3     1.0%
             
Total 3     $155.6     28.4%
             
             
Number of positions       372    
NAV per share       $ 13.71    
Market price per share       $ 13.35    
Number of shares outstanding       26,773,772    
Total net assets       $ 367,186,324    
             
Weighted average duration (including leverage) 5 3 years          
Fund leverage percentage 6 32%          
             
1 Percentage of total investments of the Fund. Total investments of the Fund include long-term and short-term investments and other net assets.
Does not include last day portfolio and shareholder trades.
2 May include collateralized loan obligations ("CLOs").
3 Total figures may not represent exact sum of items as a result of rounding.
4 Top 10 industries for corporate bonds and floating rate loans.
5 Duration calculated using internal methodologies. Rounded to the nearest year.
6 Preferred shares issued by the Fund and mortgage dollar rolls used for leverage divided by total assets of the Fund.

Contact Information:

Contact:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236

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