Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - Jun 2, 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 April 30, 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 $733 billion in assets under management as of April 30, 2011. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at APRIL 30, 2011
MARKETPERCENTAGE
SECTOR ALLOCATIONVALUE (Millions)OF FUND 1
High Yield Corporate Bonds & Preferred194.134.7%
Floating Rate Loans194.234.7%
Mortgage-Backed Securities122.221.8%
Other Asset-Backed Securities 228.35.1%
International Government Bonds (US$ and non-US$) 9.91.8%
Common Stock and Warrants0.20.0%
Cash & Other Net Assets 310.81.9%
Total Assets 4$559.6100.0%
MARKETPERCENTAGE
TOP 10 INDUSTRIES 5VALUE (Millions)OF FUND 1
Energy35.16.3%
Healthcare Services33.46.0%
Info/Technology27.34.9%
Consumer Products25.34.5%
Chemicals24.64.4%
Financial Services22.34.0%
Gaming/Leisure21.93.9%
Pay TV21.63.9%
Media20.33.6%
Automotive20.23.6%
Total 4$252.145.0%
MARKETPERCENTAGE
10 LARGEST HOLDINGS BY ISSUERVALUE (Millions)OF FUND 1
Fannie Mae73.813.2%
Freddie Mac46.78.4%
Harrahs Operating Escrow7.51.3%
Reynolds Group6.91.2%
Visant Corp.6.51.2%
Intelsat Jackson Holdings6.21.1%
Bank of America Corp.6.11.1%
UPCB Finance6.01.1%
Wachovia Bank Commerical5.61.0%
Calpine Corp.5.00.9%
Total 4$170.230.4%
Number of positions379
NAV per share$14.13
Market price per share$13.18
Number of shares outstanding26,773,772
Total net assets$378,225,516
Weighted average duration (including leverage) 63 years
Fund leverage percentage 732%
1Percentage 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.
2May include collateralized loan obligations ("CLOs").
3Includes currency forward contracts and investments in the LCDX index.
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.
7Preferred 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