Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - Feb 2, 2012) - 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 December 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 $670 billion in assets under management as of December 31, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at DECEMBER 31, 2011
MARKET PERCENTAGE
SECTOR ALLOCATION VALUE (Millions) OF FUND 1
High Yield Corporate Bonds & Preferred Securities 176.5 33.1%
Floating Rate Loans 179.7 33.7%
Mortgage-Backed Securities 124.4 23.3%
Other Asset-Backed Securities 2 25.5 4.8%
International Government Bonds (US$ and non-US$) 7.3 1.4%
Common Stock and Warrants 0.1 0.0%
Cash & Other Net Assets 3 19.6 3.7%
Total Assets 4 $ 532.9 100.0%
MARKET PERCENTAGE
TOP 10 INDUSTRIES 5 VALUE (Millions) OF FUND 1
Info/Technology 37.1 7.0%
Media 28.6 5.4%
Financial Services 25.2 4.7%
Food & Beverage 23.4 4.4%
Automotive 22.5 4.2%
Containers & Packaging 19.2 3.6%
Consumer Products 18.0 3.4%
Transportation 17.9 3.4%
Healthcare Services 16.8 3.1%
Gaming/Leisure 16.7 3.1%
Total 4 $ 225.2 42.3%
MARKET PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER VALUE (Millions) OF FUND 1
Fannie Mae 93.7 17.6%
Freddie Mac 29.2 5.5%
Caesars Entertainment Operating 7.4 1.4%
Reynolds Group 7.0 1.3%
Intelsat Jackson Holding LT 6.4 1.2%
Sungard Data Systems Inc. 5.8 1.1%
Visant Corp. 5.4 1.0%
First Data 5.1 1.0%
Calpine Corp. 4.9 0.9%
Del Monte Foods 4.5 0.8%
Total 4 $ 169.4 31.8%
Number of positions 367
NAV per share $ 13.35
Market price per share $ 13.14
Number of shares outstanding 26,786,933
Total net assets $ 357,542,848
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