N@N

Franklin Templeton : Franklin Templeton Limited Duration Income Trust Declares Monthly Dividend

_{//business-finance.news-articles.net/content/200 .. tion-income-trust-declares-monthly-dividend.html}
^{Published in Business and Finance on Tuesday, October 20th 2009 at 15:18 GMT by Market Wire}  

SAN MATEO, CA--(Marketwire - October 20, 2009) - Franklin Templeton Limited Duration Income Trust (NYSE Amex: [ FTF ]), a closed-end investment company managed by Franklin Advisers, Inc., announced today a dividend of $0.076 per share, payable November 13, 2009, to shareholders of record on October 30, 2009 (Ex-Dividend Date: October 28, 2009).

Based on the Fund's net asset value (NAV) of $12.91 at the close of the market on October 19, 2009, the Fund's dividend represents an annualized yield at NAV of 7.06%. At the Fund's market price of $11.67 at the close of the NYSE Amex on October 19, 2009, the Fund's dividend represents an annualized market yield of 7.81%.

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.