Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - November 3, 2009) -  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 September 30, 2009. 

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 $523 billion in assets under management as of September 30, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com. 

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at September 30, 2009
      MARKET   PERCENTAGE
SECTOR ALLOCATION     VALUE (Millions)   OF FUND 1
         
High Yield Corporate Bonds & Preferred       177.6     35.2 %
Floating Rate Loans       162.6     32.3 %
Mortgage-Backed Securities       91.6     18.2 %
Other Asset-Backed Securities 2       36.3     7.2 %
Government Agency       0.0     0.0 %
International Government Bonds (US$ and non-US$)       10.8     2.1 %
Investment Grade Corporate Bonds & Preferred       17.6     3.5 %
Cash & Other Net Assets       7.4     1.5 %
           
Total Assets 3     $ 504.0     100.0 %
      MARKET     PERCENTAGE
TOP 10 INDUSTRIES 4     VALUE (Millions)     OF FUND 1
         
Healthcare Services       43.8     8.7 %
Energy       27.5     5.5 %
Industrials       23.1     4.6 %
Utilities       23.0     4.6 %
Chemicals       22.6    4.5 %
Pay TV       21.7     4.3 %
Media       20.9     4.1 %
Info/Technology       19.5     3.9 %
Gaming/Leisure       18.4     3.7 %
Consumer Products       18.1     3.6 %
           
Total 3     $ 238.6     47.3 %
             
      MARKET     PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER     VALUE (Millions)     OF FUND 1
        
Freddie Mac       44.3     8.8 %
Fannie Mae       38.7     7.7 %
LB-UBS Commercial Mortgage       11.7     2.3 %
Govt National Mtg Assn.       8.6     1.7 %
HCA Inc.       7.0     1.4 %
MBNA Master Credit Card Trust       6.9     1.4 %
Intelsat Corp.       6.7     1.3 %
Sungard Data Systems       6.4     1.3 %
Aramark Corp.       6.3     1.2 %
RBS Global & Rexnord Corp.       5.8     1.2 %
         
Total 3     $ 142.4     28.3 %
             
Number of positions           337  
NAV per share         $ 12.76  
Market price per share         $ 11.79  
Number of shares outstanding           26,773,772  
Total net assets         $ 341,713,202  
               
Weighted average duration (including leverage) 5 3 years            
Weighted average credit quality 6 Baa3            
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 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 For securities with multiple ratings, highest rating is used.
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
Media: (650) 312-2245