Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - July 27, 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 June 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 $570 billion in assets under management as of June 30, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

 
 
 
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at JUNE 30, 2010
 
 
    MARKET VALUE   PERCENTAGE
SECTOR ALLOCATION   (Millions)   OF FUND (1)
         
High Yield Corporate Bonds & Preferred   179.7   33.9%
Floating Rate Loans   190.4   35.9%
Mortgage-Backed Securities   99.3   18.7%
Other Asset-Backed Securities (2)   43.2   8.2%
International Government Bonds (US$ and non-US$)   8.7   1.6%
Common Stock and Warrants   0.9   0.2%
Cash & Other Net Assets   7.7   1.4%
         
         
Total Assets (3)   $529.9   100.0%
 
 
    MARKET VALUE   PERCENTAGE
TOP 10 INDUSTRIES (4)   (Millions)   OF FUND (1)
         
Healthcare Services   35.9   6.8%
Energy   28.3   5.3%
Media   27.2   5.1%
Chemicals   26.5   5.0%
Industrials   26.5   5.0%
Gaming/Leisure   22.9   4.3%
Consumer Products   20.3   3.8%
Utilities   19.5   3.7%
Info/Technology   19.5   3.7%
Food & Beverage   16.5   3.1%
         
         
Total (3)   $243.2   45.9%
         
         
    MARKET VALUE   PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER   (Millions)   OF FUND (1)
         
Fannie Mae   50.8   9.6%
Freddie Mac   40.2   7.6%
LB-UBS Commercial Mortgage   9.5   1.8%
Govt National Mtg Assn.   8.4   1.6%
Harrahs Operating Co Inc.   7.1   1.3%
MBNA Master Credit Card Trust   7.0   1.3%
HCA Inc.   6.9   1.3%
Intelsat Corp.   6.6   1.2%
Sungard Data Systems Inc.   5.9   1.1%
RBS Global & Rexnord Corp.   5.7   1.1%
         
         
Total (3)   $147.9   27.9%
         
           
Number of positions       385  
NAV per share     $ 13.25  
Market price per share     $ 12.23  
Number of shares outstanding       26,773,772  
Total net assets     $ 354,838,899  
           
Weighted average duration (including leverage) (5) 2 years        
Fund leverage percentage (6) 33%        
 
 
(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