Franklin Templeton Limited Duration Income Trust Reports Asset Allocation (Marketwire)

Mon, 31 Aug 2009 23:33:00 Etc/GM

Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE:BEN - News), 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 $482 billion in assets under management as of July 31, 2009. For more information, please call 1-800/DIAL BEN� or visit franklintempleton.com.

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FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION
at July 31, 2009
===========================================================================
                                   MARKET                     PERCENTAGE
SECTOR ALLOCATION             VALUE (Millions)                OF FUND (1)
                              ---------------               ---------------
High Yield Corporate
 Bonds & Preferred                      167.5                         34.9%
Floating Rate Loans                     155.6                         32.4%
Mortgage-Backed Securities               91.8                         19.1%
Other Asset-Backed
 Securities (2)                          27.5                          5.7%
Government Agency                         0.0                          0.0%
International Government
 Bonds (US$ and non-US$)                  3.2                          0.7%
Investment Grade Corporate
 Bonds & Preferred                       26.8                          5.6%
Cash & Other Net Assets                   7.7                          1.6%
                              ---------------               ---------------
Total Assets (3)              $         480.1                        100.0%
===========================================================================
                                   MARKET                     PERCENTAGE
TOP 10 INDUSTRIES (4)         VALUE (Millions)                OF FUND (1)
                              ---------------               ---------------
Healthcare Services                      42.7                         8.89%
Utilities                                26.4                         5.50%
Energy                                   23.6                         4.92%
Pay TV                                   22.2                         4.62%
Chemicals                                22.0                         4.58%
Financial Services                       21.9                         4.56%
Industrials                              21.2                         4.42%
Info/Technology                          20.3                         4.23%
Gaming/Leisure                           19.8                         4.12%
Media                                    18.6                         3.87%
                              ---------------               ---------------
Total (3)                     $         238.8                         49.7%
===========================================================================
10 LARGEST HOLDINGS                MARKET                     PERCENTAGE
 BY ISSUER                    VALUE (Millions)                OF FUND (1)
                              ---------------               ---------------
Freddie Mac                              44.3                          9.2%
Fannie Mae                               38.8                          8.1%
Govt National Mtg Assn.                   8.7                          1.8%
Intelsat Corp.                            6.7                          1.4%
Aramark Corp.                             6.5                          1.4%
Sungard Data Systems                      6.4                          1.3%
HCA Inc.                                  6.4                          1.3%
LB-UBS Commercial Mortgage                6.0                          1.3%
Davita                                    5.4                          1.1%
VML US Finance LLC                        5.4                          1.1%
                              ---------------               ---------------
Total (3)                     $         134.7                         28.1%
===========================================================================
Number of positions                                     324
NAV per share                                 $       12.33
Market price per share                        $       11.10
Number of shares
 outstanding                                     26,773,772
Total net assets                              $ 330,045,776

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:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236
Media: (650) 312-2245