SAN MATEO, CA -- (Marketwire) -- 11/01/10 -- 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, 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 $644 billion in assets under management as of September 30, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.
FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at
SEPTEMBER 30, 2010
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MARKET
VALUE PERCENTAGE
SECTOR ALLOCATION (Millions) OF FUND (1)
----------------- ------------ -----------
High Yield Corporate Bonds &
Preferred 187.1 34.1%
Floating Rate Loans 187.4 34.2%
Mortgage-Backed Securities 112.4 20.5%
Other Asset-Backed Securities (2) 35.3 6.4%
International Government Bonds (US$
and non-US$) 9.7 1.8%
Common Stock and Warrants 0.5 0.1%
Cash & Other Net Assets 15.9 2.9%
------------ -----------
Total Assets (3) $548.2 100.0%
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MARKET
VALUE PERCENTAGE
TOP 10 INDUSTRIES (4) (Millions) OF FUND (1)
--------------------- ------------ -----------
Healthcare Services 38.2 7.0%
Energy 33.1 6.0%
Chemicals 24.8 4.5%
Consumer Products 23.6 4.3%
Media 23.0 4.2%
Gaming/Leisure 22.3 4.1%
Industrials 21.6 3.9%
Info/Technology 21.2 3.9%
Utilities 21.0 3.8%
Financial Services 20.1 3.7%
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Total (3) $248.8 45.4%
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MARKET
VALUE PERCENTAGE
10 LARGEST HOLDINGS BY ISSUER (Millions) OF FUND (1)
----------------------------- ------------ -----------
Fannie Mae 53.9 9.8%
Freddie Mac 50.3 9.2%
Govt National Mtg Assn. 8.3 1.5%
Harrahs Operating Co Inc. 7.3 1.3%
HCA Inc. 7.0 1.3%
Reynolds Group 6.5 1.2%
RBS Global & Rexnord Corp. 5.9 1.1%
Bank of America Corp. 5.7 1.0%
LB-UBS Commercial Mortgage 5.5 1.0%
Wachovia Bank Commercial 5.3 1.0%
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Total (3) $155.6 28.4%
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Number of positions 372
NAV per share $ 13.71
Market price per share $ 13.35
Number of shares outstanding 26,773,772
Total net assets $ 367,186,324
Weighted average duration
(including leverage) (5) 3 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:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236
