Franklin Templeton Limited Duration Income Trust Reports Asset Allocation

Published in Business and Finance on Wednesday, January 6th 2010 at 17:20 GMT by Market Wire
^{🞛 This publication is a summary or evaluation of another publication}

SAN MATEO, CA--(Marketwire - January 6, 2010) - 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 November 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 $539 billion in assets under management as of November 30, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

 FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at NOVEMBER 30, 2009 =========================================================================== MARKET VALUE PERCENTAGE SECTOR ALLOCATION (Millions) OF FUND(1) -------------------------- ------------- ------------- High Yield Corporate Bonds & Preferred 186.2 36.3% Floating Rate Loans 167.4 32.6% Mortgage-Backed Securities 93.6 18.2% Other Asset-Backed Securities(2) 36.4 7.1% International Government Bonds (US$ and non-US$) 11.1 2.2% Investment Grade Corporate Bonds & Preferred 9.5 1.9% Cash & Other Net Assets 8.8 1.7% ------------- ------------- Total Assets(3),(4) $ 513.0 100.0% =========================================================================== MARKET VALUE PERCENTAGE TOP 10 INDUSTRIES(5) (Millions) OF FUND(1) -------------------------- ------------- ------------- Healthcare Services 45.5 8.9% Energy 29.1 5.7% Chemicals 24.1 4.7% Pay TV 23.0 4.5% Industrials 22.7 4.4% Info/Technology 21.2 4.1% Utilities 21.1 4.1% Gaming/Leisure 20.3 4.0% Media 19.8 3.9% Consumer Products 18.1 3.5% ------------- ------------- Total(3),(4) $ 244.9 47.7% =========================================================================== 10 LARGEST HOLDINGS BY MARKET VALUE PERCENTAGE ISSUER (Millions) OF FUND(1) -------------------------- ------------- ------------- Fannie Mae 44.3 8.6% Freddie Mac 40.7 7.9% LB-UBS Commercial Mortgage 11.9 2.3% Govt National Mtg Assn. 8.6 1.7% HCA Inc. 6.9 1.4% MBNA Master Credit Card Trust 6.9 1.3% Intelsat Corp. 6.6 1.3% Sungard Data Systems 6.3 1.2% Aramark Corp. 6.2 1.2% UPC Financing Partnership 5.9 1.1% ------------- ------------- Total(3) $ 144.4 28.2% =========================================================================== Number of positions 347 NAV per share $ 12.91 Market price per share $ 11.24 Number of shares outstanding 26,773,772 Total net assets $ 345,602,926 Weighted average duration (including leverage)(6) 3 years Weighted average credit quality(7) Baa3 Fund leverage percentage(8) 33% (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) Effective November 30, 2009, reflects completion of Charter Communications' financial restructuring. (5) Top 10 industries for corporate bonds and floating rate loans. (6) Duration calculated using internal methodologies. Rounded to the nearest year. (7) For securities with multiple ratings, highest rating is used. (8) Preferred shares issued by the Fund and mortgage dollar rolls used for leverage divided by total assets of the Fund.

Publication Contributing Sources

Market Wire

N🟁N

Franklin Templeton Limited Duration Income Trust Reports Asset Allocation