SOURCE: Franklin Templeton

Franklin Templeton

June 06, 2012 19:52 ET

Franklin Templeton Limited Duration Income Trust Reports Asset Allocation

SAN MATEO, CA--(Marketwire - Jun 6, 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 April 30, 2012. 

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 $726 billion in assets under management as of April 30, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at April 30, 2012  
 
SECTOR ALLOCATION
 
 
 
 
 
 
MARKET
VALUE (Millions)
 
 
 
 
 
 
PERCENTAGE
OF FUND 1
 
 
High Yield Corporate Bonds & Preferred Securities         193.7         35.4 %
Investment Grade Corporate Bonds         0.0         0.0 %
Floating Rate Loans         186.5         34.1 %
Mortgage-Backed Securities         127.7         23.4 %
Other Asset-Backed Securities 2         26.0         4.7 %
International Government Bonds (US$ and non-US$)         8.1         1.5 %
Common Stock & Warrants         0.0         0.0 %
Cash & Other Net Assets 3         4.9         0.9 %
Total Assets 4       $ 547.0         100.0 %
 
TOP 10 INDUSTRIES 5
 
 
 
 
 
 
 
 
MARKET
VALUE (Millions)
 
 
 
 
 
 
 
 
PERCENTAGE
OF FUND 1
 
 
Healthcare Services         38.9         7.1 %
Energy         30.2         5.5 %
Automotive         28.5         5.2 %
Financial Services         24.3         4.4 %
Info/Technology         22.2         4.1 %
Consumer Products         20.7         3.8 %
Gaming/Leisure         20.4         3.7 %
Chemicals         18.5         3.4 %
Utilities         18.2         3.3 %
Broadcasting         17.8         3.2 %
Total 4       $ 239.6         43.8 %
 
10 LARGEST HOLDINGS BY ISSUER
 
 
 
 
 
 
 
 
MARKET
VALUE (Millions)
 
 
 
 
 
 
 
 
PERCENTAGE
OF FUND 1
 
 
Fannie Mae         98.4         18.0 %
Freddie Mac         27.8         5.1 %
Caesars Entertainment Operating         7.7         1.4 %
Reynolds Group         7.3         1.3 %
Intelsat Jackson Holding LT         6.5         1.2 %
Visant Corp.         5.6         1.0 %
Calpine Corp.         5.0         0.9 %
Sungard Data Systems Inc.         4.7         0.9 %
Del Monte Foods         4.7         0.9 %
Wachovia Bank Commercial         4.5         0.8 %
Total 4       $ 172.3         31.5 %
Number of positions               407      
NAV per share             $ 13.86      
Market price per share             $ 14.20      
Number of shares outstanding               26,786,933      
Total net assets             $ 371,169,107      
                       
Weighted average duration (including leverage) 6   3 years                  
Fund leverage percentage 7   32 %                
                       
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

  • FROM:
    Franklin Templeton Investments
    Shareholders/Financial Advisors: (800) 342-5236