SAN MATEO, CA -- (Marketwired) -- 05/07/13 -- 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 March 31, 2013. This portfolio information and other Franklin Templeton Limited Duration Income Trust information can be found at https://www.franklintempleton.com/retail/jsp_app/products/closed_end_fund.jsp?fundNumber=3637.
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, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and over $823 billion in assets under management as of March 31, 2013. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at March
31, 2013
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MARKET
VALUE PERCENTAGE
SECTOR ALLOCATION (Millions) OF FUND (1)
High Yield Corporate
Bonds & Preferred
Securities 185.8 33.1%
Investment Grade
Corporate Bonds 0.0 0.0%
Floating Rate Loans 199.0 35.5%
Mortgage-Backed
Securities 133.6 23.8%
Other Asset-Backed
Securities (2) 27.9 5.0%
International
Government Bonds
(US$ & non-US$) 6.8 1.2%
Common Stock &
Warrants 0.6 0.1%
Cash & Other Net
Assets (3) 7.3 1.3%
Total Assets (4) $ 561.0 100.0%
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MARKET
TOP 10 INDUSTRIES VALUE PERCENTAGE
(5) (Millions) OF FUND (1)
Healthcare Services 46.0 8.2%
Energy 32.1 5.7%
Automotive 26.7 4.8%
Industrials 24.8 4.4%
Info/Technology 23.5 4.2%
Financial Services 21.6 3.9%
Chemicals 20.8 3.7%
Retail 18.3 3.3%
Pay TV 18.1 3.2%
Food & Beverage 18.0 3.2%
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Total (4) $ 250.0 44.6%
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MARKET
10 LARGEST HOLDINGS VALUE PERCENTAGE
BY ISSUER (Millions) OF FUND (1)
Fannie Mae 108.5 19.3%
Freddie Mac 23.9 4.3%
Intelsat 6.7 1.2%
ADS Waste 5.8 1.0%
FMG Resources 5.2 0.9%
Caesars
Entertainment 5.1 0.9%
Calpine 5.1 0.9%
Visant Corp. 4.9 0.9%
Reynolds Group
Holdings Inc. 4.8 0.9%
Del Monte Foods 4.7 0.8%
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Total (4) $ 174.7 31.1%
==================== ============ ============= ============= ============
Number of positions 441
NAV per share $ 14.30
Market price per
share $ 14.82
Number of shares
outstanding 26,832,032
Total net assets $ 383,602,119
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 MCDX credit
default 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.
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:
Franklin Templeton Investments
Shareholders/Financial Advisors
(800) 342-5236
