SOURCE: Franklin Templeton

Franklin Templeton

November 02, 2011 12:50 ET

Franklin Templeton Limited Duration Income Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - Nov 2, 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 September 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 $659 billion in assets under management as of September 30, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at SEPTEMBER 30, 2011
MARKET PERCENTAGE
SECTOR ALLOCATION VALUE (Millions) OF FUND 1
High Yield Corporate Bonds & Preferred 170.4 32.4%
Floating Rate Loans 182.0 34.6%
Mortgage-Backed Securities 121.4 23.1%
Other Asset-Backed Securities 2 26.7 5.1%
International Government Bonds (US$ and non-US$) 8.1 1.5%
Common Stock and Warrants 0.0 0.0%
Cash & Other Net Assets 3 17.2 3.3%
Total Assets 4 $526.0 100.0%
MARKET PERCENTAGE
TOP 10 INDUSTRIES 5 VALUE (Millions) OF FUND 1
Healthcare Services 34.0 6.5%
Energy 27.8 5.3%
Info/Technology 23.7 4.5%
Financial Services 23.0 4.4%
Automotive 21.9 4.2%
Retail 18.3 3.5%
Gaming/Leisure 17.9 3.4%
Chemicals 17.9 3.4%
Utilities 17.4 3.3%
Consumer Products 17.2 3.3%
Total 4 $219.0 41.6%
MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE (Millions) OF FUND 1
Fannie Mae 73.5 14.0%
Freddie Mac 46.4 8.8%
Harrahs Operating Escrow 7.2 1.4%
Reynolds Group 6.6 1.3%
Intelsat Jackson Holding LT 6.1 1.2%
Banc of America Commercial 5.9 1.1%
Visant Corp. 5.5 1.0%
Sungard Data Systems Inc. 4.6 0.9%
Calpine Corp. 4.6 0.9%
Community Health Systems Inc. 4.5 0.9%
Total 4 $164.9 31.4%
Number of positions 376
NAV per share $ 12.93
Market price per share $ 12.99
Number of shares outstanding 267,786,933
Total net assets $ 346,480,591
Weighted average duration (including leverage) 6 3 years
Fund leverage percentage 7 34%
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 and CDX 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