Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - Aug 1, 2011) - 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, 2011.

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 $734 billion in assets under management as of June 30, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at JUNE 30, 2011
MARKET PERCENTAGE
SECTOR ALLOCATION VALUE (Millions) OF FUND 1
High Yield Corporate Bonds & Preferred 187.2 33.8%
Floating Rate Loans 196.6 35.5%
Mortgage-Backed Securities 121.8 22.0%
Other Asset-Backed Securities 2 28.2 5.1%
International Government Bonds (US$ and non-US$) 9.8 1.8%
Common Stock and Warrants 0.1 0.0%
Cash & Other Net Assets 3 9.3 1.7%
Total Assets 4 $553.1 100.0%
MARKET PERCENTAGE
TOP 10 INDUSTRIES 5 VALUE (Millions) OF FUND 1
Energy 33.6 6.1%
Healthcare Services 31.2 5.6%
Consumer Products 24.8 4.5%
Info/Technology 23.7 4.3%
Chemicals 23.2 4.2%
Gaming/Leisure 22.7 4.1%
Financial Services 22.2 4.0%
Automotive 21.8 3.9%
Media 20.3 3.7%
Pay TV 20.1 3.6%
Total 4 $243.7 44.1%
10 LARGEST HOLDINGS MARKET PERCENTAGE
BY ISSUER VALUE (Millions) OF FUND 1
Fannie Mae 73.6 13.3%
Freddie Mac 46.7 8.4%
Harrahs Operating Escrow 7.2 1.3%
Reynolds Group 6.7 1.2%
Intelsat Jackson Holding LT 6.4 1.2%
Visant Corp. 6.1 1.1%
Banc of America Corp. 6.0 1.1%
Wachovia Bank Commerical 5.2 0.9%
Calpine Corp. 4.9 0.9%
Sungard Data Systems Inc. 4.8 0.9%
Total 4 $167.4 30.3%
Number of positions 380
NAV per share $ 13.93
Market price per share $ 14.44
Number of shares outstanding 26,773,772
Total net assets $ 372,953,755
Weighted average duration (including leverage) 6 3 years
Fund leverage percentage 7 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 Includes currency forward contracts and investments in the LCDX index.
4 Total figures may not represent exact sum of items as a result of rounding.
5 Top 10 industries for corporate bonds and floating rate loans.
6 Duration calculated using internal methodologies. Rounded to the nearest year.
7 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