SOURCE: Franklin Templeton

Franklin Templeton

December 01, 2011 16:15 ET

Franklin Templeton Limited Duration Income Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - Dec 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 October 31, 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 $694 billion in assets under management as of October 31, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at OCTOBER 31, 2011

SECTOR ALLOCATION

MARKET
VALUE (Millions)




PERCENTAGE
OF FUND 1
High Yield Corporate Bonds & Preferred Securities 182.1 33.9%
Floating Rate Loans 184.5 34.3%
Mortgage-Backed Securities 120.4 22.4%
Other Asset-Backed Securities 2 26.7 5.0%
International Government Bonds (US$ and non-US$) 8.4 1.6%
Common Stock and Warrants 0.0 0.0%
Cash & Other Net Assets 3 15.5 2.9%
Total Assets 4 $537.6 100.0%

TOP 10 INDUSTRIES 5

MARKET
VALUE (Millions)




PERCENTAGE
OF FUND 1
Healthcare Services 36.3 6.7%
Energy 28.7 5.3%
Info/Technology 25.0 4.6%
Financial Services 24.1 4.5%
Automotive 23.6 4.4%
Chemicals 19.7 3.7%
Retail 18.2 3.4%
Gaming/Leisure 18.0 3.4%
Consumer Products 17.6 3.3%
Pay TV 17.4 3.2%
Total 4 $228.6 42.5%

10 LARGEST HOLDINGS BY ISSUER

MARKET
VALUE (Millions)




PERCENTAGE
OF FUND 1
Fannie Mae 89.1 16.6%
Freddie Mac 29.8 5.5%
Harrahs Operating Escrow 7.5 1.4%
Reynolds Group 7.1 1.3%
Bank of America Corp. 6.6 1.2%
Intelsat Jackson Holdings 6.4 1.2%
Visant Corp. 5.7 1.1%
Community Health Systems Inc. 5.2 1.0%
Calpine Corp. 4.9 0.9%
Sungard Data Systems Inc. 4.9 0.9%
Total 4 $167.2 31.1%
Number of positions 371
NAV per share $ 13.52
Market price per share $ 12.94
Number of shares outstanding 267,786,933
Total net assets $ 362,123,061
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 swap index and CDX swap 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