Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - September 16, 2010) -  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 August 31, 2010. 

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 $600 billion in assets under management as of August 31, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com. 

 
 
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at AUGUST 31, 2010
      MARKET     PERCENTAGE
SECTOR ALLOCATION     VALUE (Millions)     OF FUND (1)
             
High Yield Corporate Bonds & Preferred     183.0     33.9%
Floating Rate Loans     191.3     35.4%
Mortgage-Backed Securities     103.7     19.2%
Other Asset-Backed Securities (2)     42.1     7.8%
International Government Bonds (US$ and non-US$)     9.4     1.7%
Common Stock and Warrants     0.3     0.1%
Cash & Other Net Assets     10.7     2.0%
             
Total Assets (3)     $540.5     100.0%
             
      MARKET     PERCENTAGE
TOP 10 INDUSTRIES (4)     VALUE (Millions)     OF FUND (1)
             
Healthcare Services     41.1     7.6%
Energy     28.6     5.3%
Chemicals     26.0     4.8%
Gaming/Leisure     23.9     4.4%
Industrials     23.4     4.3%
Media     22.6     4.2%
Info/Technology     21.3     3.9%
Utilities     20.2     3.7%
Financial Services     20.1     3.7%
Consumer Products     19.0     3.5%
             
Total (3)     $246.3     45.6%
             
      MARKET     PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER     VALUE (Millions)     OF FUND (1)
             
Freddie Mac     48.6     9.0%
Fannie Mae     46.7     8.6%
Govt National Mtg Assn.     8.4     1.6%
Harrahs Operating Co Inc.     7.2     1.3%
MBNA Master Credit Card Trust     7.0     1.3%
HCA Inc.     7.0     1.3%
Reynolds Consumer Products     6.0     1.1%
RBS Global & Rexnord Corp.     5.8     1.1%
Bank of America Corp.     5.6     1.0%
LB-UBS Commercial Mortgage     5.4     1.0%
             
Total (3)     $147.8     27.3%
             
             
Number of positions         374  
NAV per share       $ 13.47  
Market price per share       $ 13.15  
Number of shares outstanding         26,773,772  
Total net assets       $ 360,537,074  
             
Weighted average duration (including leverage) (5) 2 years          
Fund leverage percentage (6) 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) Total figures may not represent exact sum of items as a result of rounding.
(4) Top 10 industries for corporate bonds and floating rate loans.
(5) Duration calculated using internal methodologies. Rounded to the nearest year.
(6) 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