Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - Feb 6, 2013) - Franklin Templeton Limited Duration Income Trust (NYSE MKT: FTF), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE MKT closing price as of December 31, 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 65 years of investment experience and over $781 billion in assets under management as of December 31, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

   
   
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at December 31, 2012  
   
      MARKET       PERCENTAGE  
SECTOR ALLOCATION     VALUE (Millions)       OF FUND 1  
High Yield Corporate Bonds & Preferred Securities       183.4         33.1 %
Investment Grade Corporate Bonds       0.0         0.0 %
Floating Rate Loans       195.1         35.2 %
Mortgage-Backed Securities       131.4         23.7 %
Other Asset-Backed Securities 2       28.8         5.2 %
International Government Bonds (US$ & non-US$)       6.9         1.2 %
Common Stock & Warrants       0.6         0.1 %
Cash & Other Net Assets 3       8.8         1.6 %
Total Assets 4     $ 554.9         100.0 %
   
      MARKET       PERCENTAGE  
TOP 10 INDUSTRIES 5     VALUE (Millions)       OF FUND 1  
Healthcare Services       45.6         8.2 %
Energy       33.0         6.0 %
Automotive       26.7         4.8 %
Info/Technology       22.6         4.1 %
Industrials       21.8         3.9 %
Financial Services       21.5         3.9 %
Retail       20.5         3.7 %
Gaming/Leisure       19.0         3.4 %
Chemicals       19.0         3.4 %
Metals & Mining       18.1         3.3 %
Total 4     $ 247.9         44.7 %
      MARKET       PERCENTAGE  
10 LARGEST HOLDINGS BY ISSUER     VALUE (Millions)       OF FUND 1  
Fannie Mae       107.0         19.3 %
Freddie Mac       23.0         4.1 %
Intelsat       6.6         1.2 %
Caesars Entertainment       6.1         1.1 %
ADS Waste       5.5         1.0 %
Calpine       5.2         0.9 %
FMG Resources       5.2         0.9 %
Reynolds Group Holdings Inc.       4.8         0.9 %
Visant Corp.       4.7         0.8 %
Del Monte Foods       4.7         0.8 %
Total 4     $ 172.8         31.1 %
Number of positions             422      
NAV per share           $ 14.17      
Market price per share           $ 14.37      
Number of shares outstanding             26,819,357      
Total net assets           $ 379,984,083      
                     
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").  
3Includes currency forward contracts.  
4Total figures may not represent exact sum of items as a result of rounding.  
5Top 10 industries for corporate bonds and floating rate loans.  
6Duration 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.  
   
   

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. All investments involve risks, including possible loss of principal. Interest rate movements and mortgage prepayments will affect the Fund's share price and yield. Bond prices generally move in the opposite direction of interest rates. As the prices of bonds in a fund adjust to a rise in interest rates, the fund's share price may decline. Investments in lower-rated bonds include higher risk of default and loss of principal. The Fund is actively managed but there is no guarantee that the manager's investment decisions will produce the desired results. This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

Contact Information:

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